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Solitron Devices ( (SODI) ) has shared an update.
Solitron Devices, Inc. reported preliminary fiscal 2026 fourth-quarter results for the period ended February 28, 2026, highlighted by a roughly 70% jump in net sales to about $5.3 million, even as quarterly bookings fell 43% to $5.1 million. Backlog climbed 51% year-on-year to $27.3 million, while full-year fiscal 2026 net sales rose about 21% to $17.0 million and bookings increased 26% to $26.1 million, reflecting strong demand despite quarterly order timing shifts tied to AMRAAM program lots.
The company expects fourth-quarter gross profit between $2.1 million and $2.2 million and operating income of $1.3 million to $1.4 million, with pre-tax income reduced to $0.9 million to $1.0 million by a one-time $0.3 million to $0.4 million charge linked to higher MEI-related contingent consideration. Management noted cautious optimism around potential multi-year defense orders and confirmed that the strategic review announced on February 3, 2026, including options such as a sale, acquisition or capital return, remains ongoing, a process that could materially affect shareholders and the company’s future direction.
Spark’s Take on SODI Stock
According to Spark, TipRanks’ AI Analyst, SODI is a Neutral.
The score is driven primarily by mixed fundamentals: strong revenue/backlog and low leverage are offset by sharply weakened profitability and declining free cash flow. Technicals are supportive with a clear uptrend and positive momentum, while valuation is the main drag due to an extremely high P/E. Corporate events add a positive catalyst angle via the strategic review and record backlog.
To see Spark’s full report on SODI stock, click here.
More about Solitron Devices
Solitron Devices, Inc. is a Delaware-based manufacturer of solid state semiconductor components and related devices, serving primarily the military and aerospace markets. The company produces custom bipolar and MOS power transistors, power and control hybrids, Power MOSFETs, and standard JAN transistors, diodes and voltage regulators, often for end products sold to the U.S. government.
Through its September 1, 2023 acquisition of Micro Engineering Inc. in Florida, Solitron expanded into specialized low- to mid-volume design, layout and manufacturing services. MEI focuses on engineering-intensive, flexible and cost-efficient production, supporting customers with projects that require robust quality systems and rapid, customized results.
Average Trading Volume: 2,820
Technical Sentiment Signal: Buy
Current Market Cap: $56.06M
See more data about SODI stock on TipRanks’ Stock Analysis page.