10-K · March 30, 2026
Electro‑Sensors reported record net sales of $10,142,000 in 2025, up $769,000 or 8.2% from $9,373,000 in 2024, driven by higher wired sensing product and HazardPRO wireless system sales. Gross margin expanded to 50.8%…
Earnings analysis · 10-Q
ELSE earnings analysis
Filed May 14, 2026 · Our reading of the company's report
The latest report
In the first quarter of 2026, ELSE reported a revenue of $2,579,000, up 15.2% from $2,239,000 in Q1 2025. The gross profit improved to $1,322,000 with a gross margin of 51.3%, a rise from 48.4% in the prior year.…
Read full summary
In the first quarter of 2026, ELSE reported a revenue of $2,579,000, up 15.2% from $2,239,000 in Q1 2025. The gross profit improved to $1,322,000 with a gross margin of 51.3%, a rise from 48.4% in the prior year. However, the company experienced increased operating expenses leading to a net loss of $147,000, which was a greater loss compared to $81,000 in the same quarter of 2025.
Gross and operating margin
How much of each revenue dollar the business keeps.
One point per quarterly or annual filing. Both margins are shares of that report's revenue.
From revenue to operating profit
Where each $100 of revenue went in this report.
Cost of sales, operating expenses, and what remained. Figures are rounded to whole dollars.
How we read each report
Our analysis across the last few reports.
Our model's reading of each filing, not the share price or the market's reaction. Annual and quarterly reports each occupy one position.
Reported figures
- Earnings per share
- $0.03
What stood out
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Revenue Growth of 15.2%
Net sales increased to $2,579,000, up from $2,239,000 in Q1 2025.
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Improved Gross Margin
Gross profit increased to $1,322,000, a 22% increase year-over-year, improving gross margin to 51.3%.
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Operating Expenses Rise
Total operating expenses increased to $1,540,000, up 22.9% from the prior year.
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Increased Cash from Operating Activities
Operating cash flow was $68,000, a positive shift from using $30,000 in Q1 2025.
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Cash and Cash Equivalents
Cash and cash equivalents were $10,756,000, up from $10,545,000 at year-end.
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Merger Progression Signals
Management expressed expectations for the Merger to close in Q2 2026.
What to watch
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Increased Operating Loss
Loss before income tax increased to $147,000 from $81,000, attributed to higher operating expenses.
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Higher Legal and Professional Costs
Increased legal expenses related to the Merger added pressure to operating profits.
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Supply Chain Challenges
Uncertainties in supply chain and labor market conditions could negatively impact operations and profit margins.
Management's outlook
Management expects the Merger to close in Q2 2026; details on numerical guidance deferred.
Earlier filings 4
10-Q · August 12, 2025
Electro‑Sensors reported Q2 2025 net sales of $2,400 (in thousands), up $183 or 8.3% vs Q2 2024, with gross margin expanding to 51.2% from 47.2% and net income of $59 (in thousands) versus a $4 loss in the year-ago…
10-Q · May 12, 2025
Electro‑Sensors reported Q1 2025 net sales of $2,239 (in thousands), essentially flat versus Q1 2024 ($2,244), with gross profit of $1,084 and gross margin improving to 48.4% from 48.1%. However, operating loss widened…
10-K · March 19, 2025
Electro-Sensors reported full-year 2024 net sales of $9,373,000, up 9.6% from $8,555,000 in 2023, driven largely by higher sales of HazardPRO wireless sensors and systems. Gross margin compressed to 48.9% from 49.6% as…
This is our reading of a public filing, not the filing itself. Analysis can contain errors; check the source document for full context.