IEH Corp Reports Record Q1 FY2027: Revenue Surges 59% to $10M, Backlog Hits $40M
IEHC has more than doubled off its 52-week low of $6.5 on elevated volume (3.8× avg).
Summary
IEH Corp posted record Q1 FY2027 results: revenue up 59% to $10M, net income of $654K, and a $40M backlog. The company swung to profitability with its highest gross margins in five years.
Key Events · Earnings and Guidance · IEHC
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Record Revenue and Profitability
Q1 FY2027 revenue reached $10.02 million, a 59% increase year-over-year, with net income of $654,466 ($0.26 per share) compared to a net loss of $654,618 ($0.27 per share) in the prior-year quarter.
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Backlog Hits All-Time High
Backlog surged to nearly $40 million, the highest in company history, driven by strong demand in defense, aerospace, space, and medical markets.
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Margin Expansion
Gross margins nearly doubled from the same quarter last year, reaching the highest level in five years, aided by stabilized gold prices and prior price increases.
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Operational Turnaround
Operating income improved by $1.42 million, swinging from an operating loss of $755,306 to a profit of $664,802, reflecting both revenue growth and cost discipline.
Analysis · IEHC · Manufacturing
IEH Corp delivered its strongest quarter ever, with revenue jumping 59% to $10.02 million and swinging to a $0.26 per-share profit from a year-ago loss. Gross margins nearly doubled, and the backlog reached an all-time high of nearly $40 million, signaling sustained demand from defense and aerospace customers. The results validate the company's turnaround and suggest the recent cybersecurity incident has not derailed operations. With the stock near its 52-week high, this report reinforces the bullish thesis but also raises the bar for future execution.
How filings like this one have moved
In the 30 days to Oct 23, 2026, 36.8% of the 1044 measured filings Wiseek scored 8 moved their stock by 5% or more by the next session's close. The median move was -0.77%. These are measured outcomes after filings of this importance, not a forecast for this one.
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At the time of this filing, IEHC was trading at $28.25 on OTC in the Manufacturing sector, with a market capitalization of approximately $69.8M. The 52-week trading range was $6.50 to $28.75. This filing was assessed with positive market sentiment and an importance score of 8 out of 10.