Filing Flows › Espey Manufacturing & Electronics (ESP) › Q4 FY25
Espey Manufacturing & Electronics (ESP) Q4 FY25 earnings results (fourth quarter fiscal 2025)
10-K filed Sep 16, 2025
Espey Manufacturing & Electronics (ESP) reported revenue of $9.6M for the fourth quarter fiscal 2025 (Q4 FY25), -17% from a year earlier and -7% from the quarter before. Operating margin was 27.4%, net earnings $2.9M (30.6% of revenue).
Espey Manufacturing & Electronics, Q4 FY25: revenue $9.6M (-17% year over year), operating margin 27.4%, net earnings $2.9M, operating cash flow $2.8M. The chart follows the revenue to costs, profit and cash.
| Q4 FY25 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $9.6M | -7% | -17% |
| Gross profit | $3.8M | +28% | +18% |
| Operating profit | $2.6M | +50% | +23% |
| Net earnings | $2.9M | +72% | +55% |
| Operating cash flow | $2.8M | -76% | -15% |
| Free cash flow | $915K | -91% | -65% |
What changed
Revenue was $9.6M in Q4 FY25, down 17% year over year and down 7% from the previous quarter.
Gross margin was 39.3%, up 11.7 points from a year earlier. Operating profit was $2.6M, a 27.4% margin (up 9.1 points year over year). Operating expenses grew 7% against a revenue fall of 17%. Net earnings were $2.9M, up 55% year over year. The effective tax rate was 12.5%. Non-operating items added $719K, 21% of pre-tax earnings, so the bottom line overstates operating performance.
Operating cash flow was $2.8M (down 15% year over year), 95% of net earnings. Non-cash charges added back $117K of depreciation and $60K of share-based compensation. Working capital and other items used $337K. Capital expenditures of $1.9M left free cash flow of $915K.
Questions
What was Espey Manufacturing & Electronics' revenue in the fourth quarter fiscal 2025?
Espey Manufacturing & Electronics (ESP) reported revenue of $9.6M for the fourth quarter fiscal 2025 (Q4 FY25), -17% from a year earlier and -7% from the quarter before.
Was Espey Manufacturing & Electronics profitable in the fourth quarter fiscal 2025?
Operating profit was $2.6M (27.4% of revenue) and net earnings $2.9M.
Source: Espey Manufacturing & Electronics 10-K on SEC EDGAR.