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M-tron Industries MPTI Q2 2026 earnings

Reported August 12, 2026 · After market close

Revenue$15.1MBeat by $359.0K
EPS$0.43Miss by $0.10
Revenue estimate$14.8M
EPS estimate$0.53
Our second quarter results reflect continued momentum across our defense and aerospace business, with revenue increasing 13.8% and net income increasing 19.9%, and notably, adjusted EBITDA increasing 40.6% from Q2 2025 to $3.4 million. This continues to demonstrate the effectiveness of Mtron's transformation into a strategic RF supplier with revenues doubling and earnings tripling from the Company's performance at the time of our 2022 initial public offering. Our backlog is continuing to grow with another strong quarter of bookings. The strength we are seeing in our core markets gives us confidence in the trajectory of the business, and we remain focused on translating that growth into durable, long-term value for our shareholders.
Cameron Pforr

Next report

Nov 11, 2026 (in 2 months)
Revenue estimate$15.3M
EPS estimate$0.59

Financials

Q2 2026

Income statement

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Revenue$15.1M+13.8%
Net income$1.9M+19.9%

Balance sheet

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Cash & equivalents$96.2M+520%
Total debt$132.0K-30.5%
Total equity$118.7M+241%
Total assets$125.9M+217%

Cash flow

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Operating cash flow$3.7M+29.7%
CapEx$937.0K+15.4%
Free cash flow$2.8M+35.4%

Valuation & ratios

Valuation

as of 09/16/26
See full
Market cap$328.81M+131%
Enterprise value$232.7M+83.0%
P/E34.6×+15.8×
P/S5.7×+2.9×

Profitability

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Net margin16.3%+1.8pp
FCF margin16.3%+4.3pp

Returns & leverage

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Return on equity12.4%-13.6pp
Debt / equity0.0×
Current ratio16.6×+9.9×

Segments

By geography

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US$11.7M+22.6%
MY$1.2M-18.4%
AU$811.0K-28.9%
GR--100%

By segment

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Single Reportable$15.1M+13.8%

FAQ

When did M-tron Industries report Q2 2026 earnings?
M-tron Industries (MPTI) reported Q2 2026 earnings on August 12, 2026 after market close.
What were M-tron Industries's Q2 2026 revenue and EPS?
M-tron Industries reported revenue of $15.1M and eps of $0.43 for Q2 2026.
Did M-tron Industries beat estimates in Q2 2026?
Revenue beat the consensus estimate of $14.8M by $359.0K. EPS missed the consensus estimate of $0.53 by $0.10.
How did M-tron Industries's Q2 2026 results compare year-over-year?
Compared to the same quarter a year prior, revenue grew 13.8% from $13.3M a year earlier and eps declined 18.9% from $0.53.
Where can I find M-tron Industries's Q2 2026 SEC filings?
You can read the 8-K earnings release (0001437749-26-027369) and the 10-Q periodic report (0001437749-26-027371) directly on SEC EDGAR. The filing index links above go to sec.gov.