Sono-Tek Reports 81% Operating Income Surge, 42% Net Income Growth in FY26
SOTK sits 69% above its 52-week low of $3.23 on elevated volume (1.9× avg).
Summary
Sono-Tek reported strong fiscal year 2026 results, with operating income surging 81% to $1.82 million and net income increasing 42% to $1.8 million year-over-year. Gross margin expanded significantly to 51%, driven by a favorable product mix. Net sales grew modestly by 2% to $20.9 million, marking the second consecutive year over $20 million. The company anticipates continued revenue growth in the first half of fiscal year 2027, with full-year revenue expected to be relatively flat to modestly higher.
At the time of this announcement, SOTK was trading at $5.45 on NASDAQ in the Manufacturing sector, with a market capitalization of approximately $83.4M. The 52-week trading range was $3.23 to $5.70. This news item was assessed with positive market sentiment and an importance score of 8 out of 10. Source: GlobeNewswire.