Filing Flows › Espey Manufacturing & Electronics (ESP) › Q3 FY26
Espey Manufacturing & Electronics (ESP) Q3 FY26 earnings results (third quarter fiscal 2026)
10-Q filed May 12, 2026
Espey Manufacturing & Electronics (ESP) reported revenue of $11.4M for the third quarter fiscal 2026 (Q3 FY26), +11% from a year earlier and -6% from the quarter before. Operating margin was 26.1%, net earnings $2.9M (25.1% of revenue).
Espey Manufacturing & Electronics, Q3 FY26: revenue $11.4M (+11% year over year), operating margin 26.1%, net earnings $2.9M, operating cash flow $3.4M. The chart follows the revenue to costs, profit and cash.
| Q3 FY26 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $11.4M | -6% | +11% |
| Gross profit | $4.2M | +0.4% | +43% |
| Operating profit | $3.0M | -3% | +70% |
| Net earnings | $2.9M | +2% | +68% |
| Operating cash flow | $3.4M | — | -70% |
| Free cash flow | $3.2M | — | -70% |
What changed
Revenue was $11.4M in Q3 FY26, up 11% year over year and down 6% from the previous quarter.
Gross margin was 37.0%, up 8.4 points from Q3 FY25. Operating profit was $3.0M, a 26.1% margin (up 9.1 points year over year). Of the extra revenue versus Q3 FY25, 110% reached operating profit, above the 17% margin then. Operating expenses grew 4% against revenue growth of 11%. Net earnings were $2.9M, up 68% year over year. The effective tax rate was 15.5%.
Operating cash flow was $3.4M (down 70% year over year), 118% of net earnings. Non-cash charges added back $134K of depreciation and $52K of share-based compensation. Working capital and other items added $338K. Capital expenditures of $189K left free cash flow of $3.2M.
Questions
What was Espey Manufacturing & Electronics' revenue in the third quarter fiscal 2026?
Espey Manufacturing & Electronics (ESP) reported revenue of $11.4M for the third quarter fiscal 2026 (Q3 FY26), +11% from a year earlier and -6% from the quarter before.
Was Espey Manufacturing & Electronics profitable in the third quarter fiscal 2026?
Operating profit was $3.0M (26.1% of revenue) and net earnings $2.9M.
Source: Espey Manufacturing & Electronics 10-Q on SEC EDGAR.