M-tron Industries, Inc.
Financial highlights
| Metric | FY 12/31/25 | FY 12/31/24 | FY 12/31/23 | FY 12/31/22 | FY 12/31/21 |
|---|---|---|---|---|---|
| Income Statement | |||||
| Revenue | $54.4M | $49.0M | $41.2M | $31.8M | $26.7M |
| Research and development | $3.2M | $2.8M | $2.2M | $2.0M | $2.0M |
| Operating income | $10.3M | $9.4M | $4.3M | $2.9M | $2.1M |
| Pretax income | $11.0M | $9.8M | $4.4M | $2.6M | $2.1M |
| Income tax expense | $2.5M | $2.1M | $911,000 | $797,000 | $531,000 |
| Net income | $8.4M | $7.6M | $3.5M | $1.8M | $1.6M |
| Balance Sheet | |||||
| Cash and equivalents | $20.9M | $12.6M | $3.9M | $926,000 | $2.6M |
| Current assets | $61.2M | $29.8M | $18.2M | $14.3M | $12.1M |
| Total assets | $68.4M | $36.6M | $24.3M | $19.3M | $20.0M |
| Current liabilities | $4.9M | $5.2M | $4.4M | $4.9M | $3.0M |
| Total liabilities | $5.2M | $5.3M | $4.4M | $4.9M | $3.2M |
| Stockholders' equity | $63.2M | $31.3M | $19.9M | $14.3M | $16.8M |
| Cash Flow Statement | |||||
| Cash from operations | $10.7M | $7.5M | $4.4M | $2.0M | $3.0M |
| Depreciation and amortization | $1.1M | $968,000 | $797,000 | $671,000 | $488,000 |
| Stock-based compensation | $1.1M | $636,000 | $2.4M | $458,000 | $292,000 |
| Capital expenditure | $2.6M | $1.9M | $1.3M | $936,000 | $1.1M |
| Free cash flow | $8.1M | $5.6M | $3.1M | $1.1M | $1.9M |
Shares outstanding 4.3M · Free float 86.6%
Annual filing data through FY ended December 31, 2025; float as of July 16, 2026.