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Scientific Industries (SCND) earnings and revenue breakdown

Latest: Q2 2026 · 10-Q filed Aug 14, 2026 · Scientific Industries (SCND) Q2 2026 earnings results →

Q2 2026 Revenue up 36% year over year to $1.5M · 84¢ of every $1 of revenue lost · operating margin -86.6%

Scientific Industries made $1.5M in Q2 2026 (+36% Y/Y). Operating margin -86.6%, net loss $1.2M. See where every dollar goes — costs, profit and cash — as a Sankey from the 10-Q filed Aug 14, 2026.

Revenue$1.5M
Year over year+36%
Operating margin-86.6%
Net earnings−$1.2M
Operating cash flow−$904K

Drawing the Sankey…

Open the interactive Sankey → click any line for what the company wrote about it, compare Y/Y and Q/Q, export as PNG or PDF

What changed this quarter

Revenue was $1.5M in Q2 2026, up 36% year over year and up 20% from the previous quarter.

Gross margin was 42.3%, up 7.5 points from Q2 2025. Operating costs exceeded revenue by $1.3M, an operating margin of -86.6%. Operating expenses fell 14% while revenue rose 36%. The quarter ended with a net loss of $1.2M, narrower than the previous quarter's $1.6M loss.

Operating cash flow was −$904K. Non-cash charges added back $51K of depreciation and amortization and $162K of share-based compensation. Working capital and other items added $116K. Capital expenditures of $8K exceeded it, leaving free cash flow of −$912K.

Quarterly history

Scientific Industries revenue by quarterScientific Industries revenue by quarter$2.8MQ4 2024$2.4MQ1 2025$2.3MQ2 2025$1.4MQ3 2025$1.6MQ4 2025$1.2MQ1 2026$1.5MQ2 2026
Scientific Industries net earnings by quarterScientific Industries net earnings by quarter−$1.9MQ4 2024−$1.8MQ1 2025−$1.5MQ2 2025$4.0MQ3 2025−$2.5MQ4 2025−$1.6MQ1 2026−$1.2MQ2 2026
QuarterFormFiledRevenueY/YOp. marginNet earningsOp. cash flow
Q2 202610-QAug 14, 2026$1.5M+36%-86.6%−$1.2M−$904K
Q1 202610-QMay 15, 2026$1.2M+30%-135.9%−$1.6M−$994K
Q4 202510-KMar 31, 2026$1.6M+27%-150.9%−$2.5M−$3.8M
Q3 202510-QNov 19, 2025$1.4M+5%-108.4%$4.0M—
Q2 202510-QAug 19, 2025$2.3M-12%-66.3%−$1.5M−$1.4M
Q1 202510-QMay 13, 2025$2.4M-3%-75.3%−$1.8M−$1.3M
Q4 202410-KMar 31, 2025$2.8M+3%-69.5%−$1.9M−$379K

Charts

Scientific Industries: revenue growth, year over year and quarter over quarterScientific Industries: revenue growth, year over year and quarter over quarterY/YQ/Q+3%Q4 2024-3%-14%Q1 2025-12%-3%Q2 2025+5%-40%Q3 2025+27%+16%Q4 2025+30%-25%Q1 2026+36%+20%Q2 2026
Latest (Q2 2026): Y/Y +36%, Q/Q +20%.
Scientific Industries: where the cash came from (+) and went (−), FY2025Scientific Industries: where the cash came from (+) and went (−), FY2025Operating cash flow−$8.1MAsset & business sales$7.6MOther investing−$3.7MNot reconciled$2.7MShares issued$2.0MCash drawn (+) / kept (−)−$328KOther financing−$98KCapital spending−$63KExchange rates$39K
From the cash-flow statement as filed (SEC XBRL). Cash is fungible: the bars do not say which dollar paid for what.
Scientific Industries: profit against cash, quarter by quarterScientific Industries: profit against cash, quarter by quarterNet incomeOperating cash flow−$1.2M−$868KQ3 2024−$1.9M−$379KQ4 2024−$1.8M−$1.5MQ1 2025−$1.5M−$1.7MQ2 2025$4.0MQ3 2025−$1.9M−$3.8MQ4 2025−$1.6M−$994KQ1 2026−$1.2M−$904KQ2 2026
Latest (Q2 2026): Net income −$1.2M, Operating cash flow −$904K.
Scientific Industries: diluted shares by fiscal yearScientific Industries: diluted shares by fiscal year10MFY202311MFY202411MFY2025
+11.8% since FY2023: more shares outstanding (issuance, stock pay).
Scientific Industries in its industry: growth against margin (23 companies, SIC 3826)Scientific Industries in its industry: growth against margin (23 companies, SIC 3826)revenue growth, year over year →↑ operating marginmedian +6%median -11%AWATAVTRILMNMTDBRKRRVTYBIOTXGCTKBPACBALMRQTRXHBIOMASSBNGORPIDPRPOSEERLCTCEYPTASTCSCND (+36%, -87%)
Laboratory Analytical Instruments; dot size is quarterly revenue; dashed lines are the industry's medians.

Interactive views

The same charts as the app — open one to draw it.

💵Where each $1 goesinteractive

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🌏Named in Asian annual reportsinteractive

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🔄Rotation against the market and its industry (RRG)interactive

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🔍Earnings qualityinteractive

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⚖️Fair value by methodinteractive

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🔭Outlook & guidanceinteractive

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📈Investments: gains and what it boughtinteractive

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🏭Its industry’s money flow (input-output)interactive

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About Scientific Industries

General . Incorporated in 1954, Scientific Industries, Inc., a Delaware corporation (“SI” and along with its subsidiaries, the “Company”), is engaged in the design, manufacture, and marketing of standard benchtop laboratory equipment (“Benchtop Laboratory Equipment”), and through its wholly-owned subsidiary, Scientific Bioprocessing Holdings, Inc., a Delaware corporation (“SBHI”), the design, manufacture, and marketing of bioprocessing systems and products (“Bioprocessing Systems”). SBHI has two wholly-owned subsidiaries – Scientific Bioprocessing, Inc., a Delaware corporation (“SBI”), and aquila biolabs GmbH, a German corporation (“Aquila”). The Company’s products are used primarily for research purposes by universities, pharmaceutical companies, pharmacies, national laboratories, medical device manufacturers, and other industries performing laboratory-scale research.

In its own words, from its 10-K, filed Mar 31, 2026.

Scientific Industries against its Laboratory Analytical Instruments peers

The largest companies of the same SEC industry, each at its latest quarter. Revenue growth: +36% against the peers' median +5%. Operating margin: -86.6% against the peers' median 8.2%.

CompanyQuarterRevenueY/YOp. margin
SCND Scientific IndustriesQ2 2026$1.5M+36%-86.6%
A Agilent TechnologiesQ3 FY26$1.9B+8%23.6%
WAT WatersQ3 2026$1.8B+121%7.2%
AVTR AvantorQ3 2026$1.7B+5%8.2%
ILMN IlluminaQ3 2026$1.1B+4%27.0%
MTD Mettler Toledo InternationalQ3 2026$1.1B+6%27.4%
BRKR BrukerQ3 2026$874M+2%-10.4%
RVTY RevvityQ3 2026$729M+4%10.6%
BIO Bio-Rad LaboratoriesQ3 2026$656M+0.5%-7.6%

Source: Scientific Industries 10-Q on SEC EDGAR · CIK 87802 · Laboratory Analytical Instruments

More on SCND

History

Every quarter: Q2 2026 results · Q1 2026 results · Q4 2025 results · Q3 2025 results · Q2 2025 results · Q1 2025 results · Q4 2024 results

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