Filing Flows › M-tron Industries (MPTI) › Q4 2025
M-tron Industries (MPTI) Q4 2025 earnings results (fourth quarter 2025)
10-K filed Mar 26, 2026
M-tron Industries (MPTI) reported revenue of $14.2M for the fourth quarter 2025 (Q4 2025), +11% from a year earlier and +0.4% from the quarter before. Operating margin was 27.3%, net earnings $3.4M (24.1% of revenue).
M-tron Industries, Q4 2025: revenue $14.2M (+11% year over year), operating margin 27.3%, net earnings $3.4M, operating cash flow $2.7M. The chart follows the revenue to costs, profit and cash.
| Q4 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $14.2M | +0.4% | +11% |
| Operating profit | $3.9M | +52% | +51% |
| Net earnings | $3.4M | +87% | +60% |
| Operating cash flow | $2.7M | -24% | +48% |
| Free cash flow | $2.3M | -14% | +68% |
What changed
Revenue was $14.2M in Q4 2025, up 11% year over year and roughly flat from the previous quarter.
Operating profit was $3.9M, a 27.3% margin (up 7.2 points year over year). Of the extra revenue versus Q4 2024, 92% reached operating profit, above the 20% margin then. Total costs grew 1% against revenue growth of 11%. The fastest-growing cost line was Research & development (+11%). Net earnings were $3.4M, up 60% year over year. The effective tax rate was 16.1%.
Operating cash flow was $2.7M (up 48% year over year), 78% of net earnings. Non-cash charges added back $286K of depreciation and amortization and $278K of share-based compensation. Working capital and other items used $1.3M. Capital expenditures of $346K left free cash flow of $2.3M.
Questions
What was M-tron Industries' revenue in the fourth quarter 2025?
M-tron Industries (MPTI) reported revenue of $14.2M for the fourth quarter 2025 (Q4 2025), +11% from a year earlier and +0.4% from the quarter before.
Was M-tron Industries profitable in the fourth quarter 2025?
Operating profit was $3.9M (27.3% of revenue) and net earnings $3.4M.
Source: M-tron Industries 10-K on SEC EDGAR.