Filing Flows › Solitron Devices (SODI) › Q1 FY26
Solitron Devices (SODI) Q1 FY26 earnings results (first quarter fiscal 2026)
10-Q filed Jul 11, 2025
Solitron Devices (SODI) reported revenue of $2.7M for the first quarter fiscal 2026 (Q1 FY26), -32% from a year earlier and -14% from the quarter before. Operating margin was -14.0%, net loss $336K (12.4% of revenue).
Solitron Devices, Q1 FY26: revenue $2.7M (-32% year over year), operating margin -14.0%, net loss $336K, operating cash flow $391K. The chart follows the revenue to costs, profit and cash.
| Q1 FY26 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $2.7M | -14% | -32% |
| Operating profit | −$378K | — | — |
| Net earnings | −$336K | — | — |
| Operating cash flow | $391K | +16% | -45% |
| Free cash flow | $353K | +23% | — |
What changed
Revenue was $2.7M in Q1 FY26, down 32% year over year and down 14% from the previous quarter.
Gross margin was 14.4%, down 27.8 points from a year earlier. Operating costs exceeded revenue by $378K, an operating margin of -14.0%. Operating expenses fell 13% while revenue fell 32%. The quarter ended with a net loss of $336K, wider than the previous quarter's $57K loss.
Operating cash flow was $391K (down 45% year over year). Non-cash charges added back $194K of depreciation and amortization. Working capital and other items added $533K. Capital expenditures of $38K left free cash flow of $353K.
Questions
What was Solitron Devices' revenue in the first quarter fiscal 2026?
Solitron Devices (SODI) reported revenue of $2.7M for the first quarter fiscal 2026 (Q1 FY26), -32% from a year earlier and -14% from the quarter before.
Was Solitron Devices profitable in the first quarter fiscal 2026?
Operating loss was $378K (-14.0% of revenue) and net loss $336K.
Source: Solitron Devices 10-Q on SEC EDGAR.