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Trio-Tech International (TRT) earnings and revenue breakdown
Latest: Q4 FY26 · 10-K filed Sep 24, 2026 · Trio-Tech International (TRT) Q4 FY26 earnings results →
Q4 FY26 Revenue up 40% year over year to $14.9M · 1¢ of every $1 of revenue lost · operating margin -1.8%
Trio-Tech International made $14.9M in Q4 FY26 (+40% Y/Y): Semiconductor Back-end Solutions $12.1M, Industrial Electronics $2.8M, Product and Service, Other $9K. Operating margin -1.8%, net loss $200K. See where every dollar goes — costs, profit and cash — as a Sankey from the 10-K filed Sep 24, 2026.
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 $14.9M in Q4 FY26, up 40% year over year and down 10% from the previous quarter. Semiconductor Back-end Solutions was the largest line at 81% of revenue.
Gross margin was 18.6%, down 6.0 points from Q4 FY25. Operating costs exceeded revenue by $266K, an operating margin of -1.8%. Operating expenses grew 41% against revenue growth of 40%. The fastest-growing cost line was General & admin (+44%). The quarter ended with a net loss of $200K, wider than the previous quarter's $37K loss.
Operating cash flow was $1.1M. Non-cash charges added back $680K of depreciation and amortization and $176K of share-based compensation. Working capital and other items added $453K. Capital expenditures of $865K left free cash flow of $244K.
Quarterly history
| Quarter | Form | Filed | Revenue | Y/Y | Op. margin | Net earnings | Op. cash flow |
|---|---|---|---|---|---|---|---|
| Q4 FY26 | 10-K | Sep 24, 2026 | $14.9M | +40% | -1.8% | −$200K | $1.1M |
| Q3 FY26 | 10-Q | May 14, 2026 | $16.5M | +124% | -0.5% | −$37K | $1.3M |
| Q2 FY26 | 10-Q | Feb 13, 2026 | $15.6M | +82% | 0.6% | $126K | $134K |
| Q1 FY26 | 10-Q | Nov 14, 2025 | $15.5M | +58% | 0.3% | $77K | $933K |
| Q4 FY25 | 10-K | Sep 19, 2025 | $10.7M | +10% | 4.4% | $183K | −$664K |
| Q3 FY25 | 10-Q | May 13, 2025 | $7.4M | -29% | -4.6% | −$476K | $781K |
| Q2 FY25 | 10-Q | Feb 13, 2025 | $8.6M | -29% | 0.0% | $529K | $2.1M |
Charts
Interactive views
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💵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 Trio-Tech International
Trio-Tech International (NASDAQ: TRT) is a California-based company operating in the United States, Singapore, Malaysia, Thailand, and China. Founded in 1958, Trio-Tech is a leading provider of semiconductor testing services, manufacturing solutions, and value-added distribution services. The Company’s diversified business segments include semiconductor back-end solutions and industrial electronics. For more information, visit www.triotech.com and www.universalfareast.com .
In its own words, from its 8-K, filed Sep 24, 2026.
Trio-Tech International against its Special Industry Machinery, NEC peers
The largest companies of the same SEC industry, each at its latest quarter. Revenue growth: +40% against the peers' median +26%. Operating margin: -1.8% against the peers' median 9.9%.
| Company | Quarter | Revenue | Y/Y | Op. margin |
|---|---|---|---|---|
| TRT Trio-Tech International | Q4 FY26 | $14.9M | +40% | -1.8% |
| LRCX LAM Research | Q1 FY27 | $8.2B | +54% | 40.0% |
| ACMR ACM Research | Q3 2026 | $368M | +37% | 15.1% |
| ACLS Axcelis Technologies | Q3 2026 | $238M | +11% | 11.5% |
| VECO Veeco Instruments | Q3 2026 | $209M | +26% | 6.7% |
| CRCT Cricut | Q3 2026 | $189M | +11% | 18.0% |
| AZTA Azenta | Q3 FY26 | $161M | +12% | -2.6% |
| ASYS Amtech Systems | Q3 FY26 | $22.4M | +14% | 9.9% |
| VELO Velo3D | Q2 2026 | $20.7M | +52% | -53.5% |
Source: Trio-Tech International 10-K on SEC EDGAR · CIK 732026 · Special Industry Machinery, NEC
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More on TRT
History
Every quarter: Q4 FY26 results · Q3 FY26 results · Q2 FY26 results · Q1 FY26 results · Q4 FY25 results · Q3 FY25 results · Q2 FY25 results
- Trio-Tech International gross margin by quarter
- Trio-Tech International operating margin by quarter
- Trio-Tech International net income by quarter
- Trio-Tech International free cash flow by quarter
- Trio-Tech International R&D spending by quarter
- Trio-Tech International capital expenditures by quarter
- Trio-Tech International Semiconductor Back-end Solutions revenue by quarter
- Trio-Tech International Industrial Electronics revenue by quarter
- Trio-Tech International Product and Service, Other revenue by quarter