The earnings call highlighted strong revenue growth and increased backlog, driven by defense and avionics orders. However, the decline in gross margins and net income due to tariffs and increased expenses presents challenges. While strategic investments suggest a focus on future growth, the immediate financial metrics show mixed performance.

Company Guidance

During the M-tron Second Quarter 2025 Earnings Call, the company reported a 12.5% increase in total revenues to $13.28 million compared to $11.2 million in the prior year period, primarily driven by defense-related orders. Despite this revenue growth, the gross margin decreased to 43.6% from 47% in Q2 2024 due to a shift in product mix and the impact of federal tariffs on imported goods. Net income for the quarter was $1.6 million, or $0.53 per diluted share, compared to $1.7 million, or $0.63 per diluted share, in the same period last year. The company's backlog also grew significantly by 35% to $61.2 million, reflecting strong demand in the avionics and space sectors. Adjusted EBITDA for the quarter was $2.4 million, slightly down from $2.5 million in Q2 2024, due to lower gross margins and increased engineering, selling, and administrative expenses. M-tron also noted strategic investments in research and development and capital expenditures increased by around 4% for automation programs. The company is considering M&A opportunities and potentially a small share buyback as part of its capital allocation strategy.

Revenue Growth

Total revenues for Q2 2025 were $13.28 million, a 12.5% increase over the prior year period's $11.2 million, driven primarily by strong defense program product and solution shipments.

Increased Backlog

Backlog increased by 35% or $15.9 million to $61.2 million as of June 30, 2025, reflecting continued broad demand for products, including large defense and avionics orders and an increase in space industry orders.

Strong Book-to-Bill Ratio

M-tron reported three quarters in a row of very strong book-to-bill ratio, indicating consistent demand and future revenue potential.

Strategic Investments

Continued strategic investments in research and development, with increased engineering, selling, and administrative expenses to support growth.

M-tron Industries Inc (MPTI) Earnings, Revenues Date & History

The upcoming earnings date is based on a company’s previous reporting, and may be updated when the actual date is announced

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MPTI Earnings History

Report Date	Fiscal Quarter	Forecast / EPS	Last Year's EPS	EPS YoY Change	Slides	Play Transcript
Nov 18, 2025	2025 (Q3)	0.63 / -	0.81	―	―	―
Aug 12, 2025	2025 (Q2)	0.60 / 0.53	0.63	-15.87% (-0.10)	―
May 13, 2025	2025 (Q1)	0.66 / 0.56	0.53	5.66% (+0.03)	―
Mar 27, 2025	2024 (Q4)	0.73 / 0.73	0.03	2333.33% (+0.70)	―
Nov 13, 2024	2024 (Q3)	0.54 / 0.81	0.57	42.11% (+0.24)	―
Aug 14, 2024	2024 (Q2)	0.50 / 0.63	0.47	34.04% (+0.16)	―
May 07, 2024	2024 (Q1)	0.49 / 0.53	0.18	194.44% (+0.35)	―	―
Mar 25, 2024	2023 (Q4)	0.43 / 0.03	0.07	-57.14% (-0.04)	―
Nov 09, 2023	2023 (Q3)	0.29 / 0.57	0.16	256.25% (+0.41)	―	―
Aug 10, 2023	2023 (Q2)	0.21 / 0.47	0.11	327.27% (+0.36)	―	―

The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.

Beat

Missed

MPTI Earnings-Related Price Changes

Report Date	Price 1 Day Before	Price 1 Day After	Percentage Change
Aug 12, 2025	$46.94	$41.96	-10.61%
May 13, 2025	$59.64	$49.00	-17.84%
Mar 27, 2025	$41.53	$43.04	+3.64%
Nov 13, 2024	$53.74	$59.82	+11.31%

Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.

FAQ

When does M-tron Industries Inc (MPTI) report earnings?

M-tron Industries Inc (MPTI) is schdueled to report earning on Nov 18, 2025, After Close (Confirmed).

What is M-tron Industries Inc (MPTI) earnings time?

M-tron Industries Inc (MPTI) earnings time is at Nov 18, 2025, After Close (Confirmed).

Where can I see when companies are reporting earnings?

You can see which companies are reporting today on our designated earnings calendar.

What companies are reporting earnings today?

You can see a list of the companies which are reporting today on TipRanks earnings calendar.

What is MPTI EPS forecast?

MPTI EPS forecast for the fiscal quarter 2025 (Q3) is 0.63.

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