Espey Manufacturing & Electronics Corporation (NYSE American: ESP) reported second quarter (Q2) results for fiscal year 2026, with sales of USD 12.14 million. Net income for the quarter was USD 2.81 million, or USD 0.99 per diluted share. For the first half $(HY)$ of fiscal year 2026, net sales reached USD 21.23 million and net income was USD 4.97 million, or USD 1.75 per diluted share. As of December 31, 2025, the company's backlog stood at USD 134.7 million. New orders in the first six months of fiscal year 2026 totaled USD 16.3 million. Espey's primary business remains the development, design, and production of specialized military and industrial power supplies and transformers. President and CEO David O'Neil noted that the company achieved solid margins and made progress on key programs, despite top-line impacts from external factors causing a timing shift for certain deliverables. Espey continues to work closely with customers and vendors to execute milestones in the second half of the year, aiming for improved results over the prior year.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Espey Manufacturing & Electronics Corporation published the original content used to generate this news brief via GlobeNewswire (Ref. ID: 9652250) on February 10, 2026, and is solely responsible for the information contained therein.