Filing Flows › Nortech Systems (NSYS) › Q2 2026
Nortech Systems (NSYS) Q2 2026 earnings results (second quarter 2026)
10-Q filed Aug 12, 2026
Nortech Systems (NSYS) reported revenue of $33.5M for the second quarter 2026 (Q2 2026), +9% from a year earlier and +11% from the quarter before. Operating margin was 1.9%, net earnings $316K (0.9% of revenue).
Nortech Systems, Q2 2026: revenue $33.5M (+9% year over year), operating margin 1.9%, net earnings $316K, operating cash flow −$888K. The chart follows the revenue to costs, profit and cash.
| Q2 2026 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $33.5M | +11% | +9% |
| Gross profit | $5.7M | +21% | +18% |
| Operating profit | $623K | 13× | -16% |
| Net earnings | $316K | — | +1% |
| Operating cash flow | −$888K | — | -666% |
What changed
Revenue was $33.5M in Q2 2026, up 9% year over year and up 11% from the previous quarter. Medical Imaging was the largest line at 32% of revenue. Medical Device added $2.7M year over year (up 36%), 95% of the total change. Aero space And Defense declined 13%.
Gross margin was 17.0%, up 1.2 points from Q2 2025. Operating profit was $623K, a 1.9% margin (down 0.6 points year over year). Operating profit fell $119K even though revenue rose $2.9M versus Q2 2025, so costs grew faster than sales. Operating expenses grew 24% against revenue growth of 9%. The fastest-growing cost line was General & admin (+26%). Net earnings were $316K, up 1% year over year. The effective tax rate was 25.8%.
Operating cash flow was −$888K. Non-cash charges added back $315K of depreciation and amortization and $194K of share-based compensation. Working capital and other items used $1.7M. Capital expenditures of $95K exceeded it, leaving free cash flow of −$1.0M.
Questions
What was Nortech Systems' revenue in the second quarter 2026?
Nortech Systems (NSYS) reported revenue of $33.5M for the second quarter 2026 (Q2 2026), +9% from a year earlier and +11% from the quarter before.
Was Nortech Systems profitable in the second quarter 2026?
Operating profit was $623K (1.9% of revenue) and net earnings $316K.
Source: Nortech Systems 10-Q on SEC EDGAR.