Sono-Tek posts record revenue, 42% profit jump; medical rebounds, clean energy slumps

Filed May 28, 2026 · Period ending February 28, 2026 · Compared to 10-K May 28, 2025 · ~2 min read

Key Changes

• high

  Net income surged 42% to $1.8M on 2% revenue growth to record $20.9M, driven by gross margin expansion to 51% from 48% as high-value production systems and domestic sales mix improved profitability.

  MD&A: Net Income & Gross Margin verify on EDGAR →
• high

  Backlog hit record $9.12M (up 5%), reversing prior year's decline, while Integrated Coating Systems sales exploded 91% as customers transitioned from R&D to production-scale platforms.

  MD&A: Backlog & Product Categories verify on EDGAR →
• high

  Medical market rebounded 54% after prior year's 22% decline, driven by drug-eluting balloon, stent, and diagnostic applications; Electronics grew 16% after prior year's 3% drop.

  MD&A: End Markets verify on EDGAR →