Pro-Dex, Inc. (PDEX) FY2026 earnings

Reported results

• Net sales for fiscal 2026 increased $10.9 million, or 16%, to $77.5 million from $66.6 million in fiscal 2025
• Gross profit for fiscal 2026 increased $4.8 million, or 25%, to $24.3 million from $19.5 million in fiscal 2025; gross margin improved to 31% from 29%
• Operating income for fiscal 2026 increased $2.3 million, or 22%, to $13.0 million from $10.7 million in fiscal 2025
• GAAP net income for fiscal 2026 was $13.7 million, or $4.12 per diluted share, compared to $9.0 million, or $2.67 per diluted share, in fiscal 2025
• Gain on marketable equity investments, net was $5.7 million in fiscal 2026 compared to $2.1 million in fiscal 2025
• Q4 fiscal 2026 net sales increased $2.9 million, or 17%, to $20.4 million from $17.5 million in Q4 fiscal 2025; gross margin expanded to 35% from 20%

Notes

Net income figures include gains on marketable equity investments ($5.7 million in fiscal 2026 vs. $2.1 million in fiscal 2025), which the company notes are recorded at estimated fair value and can be highly volatile. APM was acquired February 9, 2026 and contributed $718,000 in revenue and favorable margins in fiscal 2026. A $349,000 allowance for uncollectible receivables was recorded in fiscal 2026.

Price and volatility reaction

Source

The figures above come from the earnings release the company filed with the SEC on 2026-09-03 (8-K, Item 2.02). Read the original filing on sec.gov.