Record quarterly revenue of $2,748,000, up 9.4% from the prior-year period
Gross margin of 53.1%
Cash and investments of approximately $10.6 million
Selected Financial Information (unaudited, in thousands, except per share data)
Q3 2025
Q3 2024
Change
Net Sales
$
2,748
$
2,512
9.4
%
Gross Margin
53.1
%
50.4
%
270
bps
Operating Income
$
181
$
173
4.6
%
Operating Income Margin
6.6
%
6.9
%
(30)
bps
Income Before Income Taxes
$
272
$
290
(6.2)
%
Earnings Per Share (diluted)
$
0.06
$
0.07
(14.3)
%
Net sales in the third quarter increased 9.4% to $2,748,000 from $2,512,000 in the prior-year quarter. For the first nine months of 2025, net sales increased 5.9% to $7,387,000 from $6,973,000 in the comparable prior-year period. Gross margin for the 2025 third quarter was 53.1%, up from 50.4% in the corresponding quarter in 2024.
"We are pleased to report record quarterly revenue during the 2025 third quarter, driven by improved sales through our industrial automation distribution channels and higher OEM sales," said David L. Klenk, Electro-Sensors' president. "Furthermore, gross margin increased during the quarter as we continue to carefully manage our supply chain, while also benefiting from sales price adjustments implemented earlier in the year."
A full analysis of results for the period ended September 30, 2025 is available in the Company's Form 10-Q, which is available on the Company's website at www.electro-sensors.com or through the Securities and Exchange Commission's Edgar database at www.sec.gov.
Electro-Sensors, Inc.
Statements of Income
For the Three and Nine Months Ended September 30, 2025 and 2024 (unaudited)
(in thousands except share and per share amounts)
Three Months Ended September 30,
2025
2024
Sales
$
2,748
$
2,512
Cost of goods sold
1,290
1,247
Gross profit
1,458
1,265
Operating expenses
1,277
1,092
Operating income
181
173
Non-operating income, net
91
117
