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Espey Manufacturing & Electronics Corp. ESP Increase Decrease In Accrued Income Taxes Payable

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Other financials

Income statement

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Revenue$11.4M+10.9%
Gross profit$4.2M+43.4%
Operating income$3.0M+70.4%
Net income$2.9M+68.1%
EPS (diluted)$0.99+57.1%

Balance sheet

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Cash & equivalents$21.2M+52.7%
Total debt$561.9K
Total equity$56.4M+21.8%
Total assets$96.0M+31.8%

Cash flow

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Operating cash flow$3.4M-70.4%
CapEx$188.7K-80.4%
Free cash flow$3.2M-69.5%

Valuation

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Market cap$194.65M+50.4%
P/E18.1×+2.2×
P/S4.6×+1.7×

Profitability

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Gross margin36.5%+10.2pp
Operating margin25.4%+8.9pp
Net margin25.5%+10.0pp
FCF margin47.7%+33.5pp

Returns & leverage

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Return on equity21%+4.4pp
Debt / equity
Current ratio2.3×-0.3×

Where this comes from

Reported directly by Espey Manufacturing & Electronics Corp. in its filing.

Tagged under the XBRL concept us-gaap:IncreaseDecreaseInAccruedIncomeTaxesPayable.

The official record: Espey Manufacturing & Electronics Corp.’s 10-Q, filed May 12, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Espey Manufacturing & Electronics Corp.'s increase decrease in accrued income taxes payable?
Espey Manufacturing & Electronics Corp. (ESP) reported increase decrease in accrued income taxes payable of -$20.28K in Q1 2026.
What does increase decrease in accrued income taxes payable mean?
Reflects the net change in the company's liability for income taxes that have been accrued but not yet paid to tax authorities. This metric helps investors understand the timing of tax cash outflows relative to the recognition of tax expenses in the income statement.