FY2025 · ended Dec 31, 2025 · Revenue $118.36M, -7.6% YoY · Filed Apr 15, 2026
Nortech Systems Incorporated (NSYS) files with the SEC under industry code 3679, Electronic Components, NEC. In fiscal 2025, which ended Dec 31, 2025, it reported revenue of $118.4 million and a net loss of $252,000. Free cash flow was $2.1 million. As of Jun 30, 2026 it held $1.4 million in cash and investments and $10.0 million in total debt.
Revenue (TTM)
$18.50M
-84.3% vs year-ago TTM
Net income (TTM)
$1.03M
+132.1% vs year-ago TTM
Operating cash flow (TTM)
$3.07M
+186.0% vs year-ago TTM
Free cash flow (TTM)
$2.45M
+158.6% vs year-ago TTM
EPS (TTM)
$0.36
+129.7% vs year-ago TTM
Dividend per share
None
Shares outstanding
2.79M
+0.9% vs prior year
Net cash
$-8.66M
as of Jun 30, 2026
Operating margin
13.6%
FY 2026
Company profile
- Industry
- Electronic Components, NEC (SIC 3679)
- Listed as
- NSYS (Nasdaq)
- Fiscal year ends
- December 31
- Incorporated in
- MN
- Headquarters
- Maple Grove, MN
- SEC filer status
- Non-accelerated filer, Smaller reporting company
- SEC CIK
- 722313
Other Electronic Components, NEC companies
- Vertiv Holdings Co VRT
- Advanced Energy Industries Inc AEIS
- Vicor Corp VICR
- Impinj Inc PI
- LG Display Co., Ltd. LPL
- Varex Imaging Corp VREX
- M-tron Industries, Inc. MPTI
- Espey Mfg & Electronics Corp ESP
Key figures
Fiscal-year totals from the annual reports. Balance sheet lines are as of each year end.
| Line | FY 2025 Dec 31, 2025 |
FY 2024 Dec 31, 2024 |
FY 2023 Dec 31, 2023 |
FY 2022 Dec 31, 2022 |
FY 2021 Dec 31, 2021 |
|---|---|---|---|---|---|
| Revenue | $118.4M | $128.1M | $139.3M | $134.1M | $115.2M |
| Operating income | $975,000 | -$195,000 | $6.0M | $3.9M | $2.3M |
| Net income | -$252,000 | -$1.3M | $6.9M | $2.0M | $7.2M |
| Diluted EPS | -$0.09 | -$0.47 | $2.38 | $0.70 | $2.54 |
| Operating cash flow | $2.7M | -$2.2M | $1.8M | $5.4M | -$4.5M |
| Free cash flow | $2.1M | -$3.5M | $485,000 | $3.0M | -$5.8M |
| Total assets | $71.9M | $72.4M | $75.1M | $69.5M | $67.1M |
| Total liabilities | $37.4M | $38.4M | $39.8M | $41.5M | $41.0M |
| Stockholders' equity | $34.5M | $34.0M | $35.3M | $28.1M | $26.1M |
| Cash and investments | $1.7M | $916,000 | $960,000 | $1.0M | $643,000 |
| Total debt | $8.7M | $9.4M | $8.4M | $9.7M | $11.3M |
Recent SEC filings
| Form | Description | Filed | Period |
|---|---|---|---|
| 10-Q | Quarterly report | Aug 12, 2026 | Jun 30, 2026 |
| 8-K |
Current report
Results of operations
|
Aug 12, 2026 | Aug 12, 2026 |
| 8-K |
Current report
Shareholder vote results
|
May 14, 2026 | May 13, 2026 |
| 8-K |
Current report
Results of operations
|
May 13, 2026 | May 13, 2026 |
| 10-Q | Quarterly report | May 13, 2026 | Mar 31, 2026 |
| 10-K/A | Amended annual report | Apr 15, 2026 | Dec 31, 2025 |
All 561 Nortech Systems Incorporated SEC filings
Source: SEC EDGAR filings. This is company-reported data, not investment advice.