Sequential Revenue Growth
The company reported a 44% sequential revenue growth for the quarter, driven by a 40% increase in product sales and a 210% increase in contract R&D revenue.
Gross Margin Improvement
Gross margin increased to 79% from 76% for the quarter and to 84% for fiscal 2025 from 77% for fiscal 2024, due to a more profitable product mix and a larger portion of direct sales.
Strong Profitability Metrics
Operating margin was 58%, pre-tax margin was 65%, and net margin was 54% for the quarter. For the year, operating margin was 62%, pre-tax margin was 70%, and net margin was 58%.
Robust Product Development
The company significantly increased its investment in R&D, resulting in the launch of advanced magnetic switch sensors and other new products, which are expected to drive future growth.
Strategic Capital Investments
The company plans $2 million to $3 million in capital investments for fiscal 2026, focusing on wafer fabrication equipment to increase capacity and capabilities.