Filing Flows › Nortech Systems (NSYS) › Q2 2026 › vs Q1 2026
Nortech Systems (NSYS) Q2 2026 vs Q1 2026 (quarter over quarter)
Nortech Systems's revenue rose $3.2M (+11%) from $30.3M in Q1 2026 to $33.5M in Q2 2026. The biggest changes: Medical Device +$1.4M (+15%); Industrial +$1.2M (+18%); Medical Imaging +$965K (+10%). Gross margin 17.0% against 15.5% (+1.5 pts).
Nortech Systems, Q2 2026: revenue $33.5M (+9% year over year), operating margin 1.9%, net earnings $316K, operating cash flow −$888K. The chart draws each line against Q1 2026, the increases inside each band.
Margins
| Q2 2026 | Q1 2026 | Change | |
|---|---|---|---|
| Gross margin | 17.0% | 15.5% | +1.5 pts |
| Operating margin | 1.9% | 0.2% | +1.7 pts |
| Net margin | 0.9% | -0.1% | +1.1 pts |
Every line
| Line | Q2 2026 | Q1 2026 | Change | % |
|---|---|---|---|---|
| Medical Imaging | $10.8M | $9.9M | $965K | +10% |
| Medical Device | $10.3M | $8.9M | $1.4M | +15% |
| Industrial | $8.1M | $6.9M | $1.2M | +18% |
| Aero space And Defense | $4.3M | $4.6M | −$337K | -7% |
| Revenue | $33.5M | $30.3M | $3.2M | +11% |
| Gross profit | $5.7M | $4.7M | $1.0M | +21% |
| Cost of revenue | $27.8M | $25.6M | $2.2M | +9% |
| Operating profit | $623K | $47K | $576K | 13× |
| Operating expenses | $5.1M | $4.7M | $425K | +9% |
| Pre-tax earnings | $426K | −$209K | $635K | — |
| Other expense, net | $197K | $256K | −$59K | -23% |
| Research & development | $346K | $310K | $36K | +12% |
| Sales & marketing | $1.5M | $1.3M | $153K | +11% |
| General & admin | $3.2M | $3.0M | $236K | +8% |
| Net earnings | $316K | −$34K | $350K | — |
| Income tax | $110K | −$175K | $285K | — |
| Operating cash sources | $1.7M | $2.0M | −$243K | -12% |
| Depreciation & amortization | $315K | $303K | $12K | +4% |
| Share-based compensation | $194K | $126K | $68K | +54% |
| Cash used in operations | $888K | $1.6M | −$673K | -43% |
| Working capital & other | $1.7M | $2.0M | −$243K | -12% |
Questions
How much did Nortech Systems's revenue grow quarter over quarter in Q2 2026?
Nortech Systems's revenue rose $3.2M (+11%) from $30.3M in Q1 2026 to $33.5M in Q2 2026.
What drove Nortech Systems's revenue change in Q2 2026?
Medical Device +$1.4M (+15%); Industrial +$1.2M (+18%); Medical Imaging +$965K (+10%).