Filing Flows › M-tron Industries (MPTI) › Q1 2026 › vs Q4 2025
M-tron Industries (MPTI) Q1 2026 vs Q4 2025 (quarter over quarter)
M-tron Industries's revenue rose $453K (+3%) from $14.2M in Q4 2025 to $14.7M in Q1 2026. Operating margin 17.8% against 27.3% (-9.5 pts).
M-tron Industries, Q1 2026: revenue $14.7M (+15% year over year), operating margin 17.8%, net earnings $2.4M, operating cash flow $2.1M. The chart draws each line against Q4 2025, the increases inside each band.
Margins
| Q1 2026 | Q4 2025 | Change | |
|---|---|---|---|
| Operating margin | 17.8% | 27.3% | -9.5 pts |
| Net margin | 16.3% | 24.1% | -7.8 pts |
| Free cash flow margin | 11.3% | 16.4% | -5.1 pts |
Every line
| Line | Q1 2026 | Q4 2025 | Change | % |
|---|---|---|---|---|
| Revenue | $14.7M | $14.2M | $453K | +3% |
| Other income, net | $248K | $198K | $50K | +25% |
| Operating profit | $2.6M | $3.9M | −$1.3M | -33% |
| Costs & expenses | $12.1M | $10.3M | $1.7M | +17% |
| Pre-tax earnings | $2.9M | $4.1M | −$1.2M | -30% |
| Research & development | $849K | $863K | −$14K | -2% |
| Other operating costs | $11.2M | $9.5M | $1.7M | +18% |
| Net earnings | $2.4M | $3.4M | −$1.0M | -30% |
| Income tax | $470K | $657K | −$187K | -28% |
| Depreciation | $302K | $286K | $16K | +6% |
| Share-based compensation | $382K | $278K | $104K | +37% |
| Working capital & other | $954K | $1.3M | −$355K | -27% |
| Operating cash flow | $2.1M | $2.7M | −$562K | -21% |
| Free cash flow (OCF − capex) | $1.7M | $2.3M | −$668K | -29% |
| Capital expenditures | $452K | $346K | $106K | +31% |
Questions
How much did M-tron Industries's revenue grow quarter over quarter in Q1 2026?
M-tron Industries's revenue rose $453K (+3%) from $14.2M in Q4 2025 to $14.7M in Q1 2026. Operating margin 17.8% against 27.3% (-9.5 pts).