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How Nortech Systems (NSYS) makes money
Nortech Systems (NSYS) made $33.5M of revenue in the second quarter 2026 (Q2 2026), +9% from a year earlier. Medical Imaging brought in $10.8M (32%); Medical Device brought in $10.3M (31%); Industrial brought in $8.1M (24%). Of every dollar of revenue, 17¢ was left as gross profit, 2¢ was left as operating profit, 1¢ was left as net earnings.
Drawing the Sankey…
Revenue by segment, Q2 2026
| Segment | Revenue | Share | Q/Q | Y/Y |
|---|---|---|---|---|
| Medical Imaging | $10.8M | 32.3% | +10% | +12% |
| Medical Device | $10.3M | 30.6% | +15% | +36% |
| Industrial | $8.1M | 24.2% | +18% | -5% |
| Aero space And Defense | $4.3M | 12.9% | -7% | -13% |
Where each dollar of revenue goes
| Line | Q2 2026 | % of revenue |
|---|---|---|
| Revenue | $33.5M | 100.0% |
| Cost of revenue | $27.8M | 83.0% |
| Gross profit | $5.7M | 17.0% |
| Operating expenses | $5.1M | 15.1% |
| Operating profit | $623K | 1.9% |
| Income tax | $110K | 0.3% |
| Net earnings | $316K | 0.9% |
Revenue, quarter by quarter
| Quarter | Revenue | Y/Y |
|---|---|---|
| Q2 2026 | $33.5M | +9% |
| Q1 2026 | $30.3M | +13% |
| Q4 2025 | $30.3M | +6% |
| Q3 2025 | $30.5M | -3% |
| Q2 2025 | $30.7M | -10% |
| Q1 2025 | $26.9M | -21% |
| Q4 2024 | $28.6M | -21% |
From Nortech Systems' 10-Q filed Aug 12, 2026 (on EDGAR).
Questions
How does Nortech Systems make money?
Nortech Systems (NSYS) made $33.5M of revenue in the second quarter 2026 (Q2 2026), +9% from a year earlier. Medical Imaging brought in $10.8M (32%); Medical Device brought in $10.3M (31%); Industrial brought in $8.1M (24%). Of every dollar of revenue, 17¢ was left as gross profit, 2¢ was left as operating profit, 1¢ was left as net earnings.
What is Nortech Systems' biggest business?
Medical Imaging: $10.8M in the second quarter 2026, 32% of revenue, +12% from a year earlier.
What is Nortech Systems' profit margin?
Net earnings were $316K, 0.9% of revenue, in the second quarter 2026; the operating margin was 1.9%.
Updated Nov 8, 2026. Read automatically from SEC filings and public data; errors are possible. Not investment advice.