Solitron Devices Reports Strong Q3 Sales and Bookings Growth

Solitron Devices ( (SODI) ) just unveiled an announcement.

For the fiscal third quarter ended November 30, 2025, Solitron Devices reported a 49% year-on-year rise in net sales to approximately $5.02 million and net income more than doubling to $0.65 million, or $0.31 per share, alongside a 73% surge in net bookings to $13.91 million and a 124% jump in backlog to $27.48 million, supported by a larger, higher-priced AMRAAM Lot 39 order and other substantial customer wins. Over the first nine months of fiscal 2026, net sales increased 7% to $11.71 million and bookings climbed 78% to $21.03 million, but net income fell sharply to $0.08 million from $0.87 million a year earlier as higher material and tariff costs and elevated SG&A—driven by stock-based compensation and non-cash charges—compressed profitability, even as the expanding backlog and active new product development efforts underscored growing demand and potential for future revenue growth.

The most recent analyst rating on (SODI) stock is a Hold with a $21.50 price target. To see the full list of analyst forecasts on Solitron Devices stock, see the SODI Stock Forecast page.

Spark’s Take on SODI Stock

According to Spark, TipRanks’ AI Analyst, SODI is a Neutral.

Solitron Devices’ overall stock score is driven by strong technical momentum and positive corporate events, offset by mixed financial performance and concerning valuation metrics. The record bookings highlight potential growth, but profitability and valuation concerns remain significant risks.

To see Spark’s full report on SODI stock, click here.

More about Solitron Devices

Solitron Devices, Inc., based in West Palm Beach, Florida, is a manufacturer of electronic components serving high-reliability and defense-related markets, with demand driven in part by programs such as AMRAAM and other defense systems. The company focuses on specialized, high-performance devices where long program lifecycles and booking visibility, reflected in its sizable backlog, are key to its market positioning.

Average Trading Volume: 898

Technical Sentiment Signal: Strong Buy

Current Market Cap: $39.86M

For an in-depth examination of SODI stock, go to TipRanks’ Overview page.