Solitron Devices Reports 21% Revenue Growth to $16.97M for FY26, Backlog Jumps 51%
SODI sits 70% above its 52-week low of $14.23.
Summary
Solitron Devices reported strong fiscal 2026 results with revenue up 20.8% to $16.97 million and backlog surging 51% to $27.28 million. This full-year 10-K confirms and expands on the preliminary Q4 results announced in April, which highlighted significant sales and backlog growth. While diluted EPS remained flat at $0.38, the substantial increase in orders and backlog provides strong revenue visibility and indicates robust operational momentum. The company also noted improved gross margins and plans for capital investment to support expansion into new markets.
At the time of this announcement, SODI was trading at $24.24 on OTC in the Manufacturing sector, with a market capitalization of approximately $52.1M. The 52-week trading range was $14.23 to $30.80. This news item was assessed with positive market sentiment and an importance score of 8 out of 10. Source: Wiseek News.