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SOTK

Sono-Tek Corporation

SOTK

Sono-Tek Corporation • NASDAQ
$3.50 ▼ -5.58% (-0.21)
Market Cap $55.15 M
52w High $6.05
52w Low $3.23
Dividend Yield 0%
P/E 35.03
Volume 42.87K
Outstanding Shares 15.74M

Income Statement

Period Revenue Operating Expense Net Income Net Profit Margin Earnings Per Share EBITDA
Q2-2026 $5.163M ▲ $2.169M ▼ $423.693K ▼ 8.207% ▼ $0.027 ▼ $686.053K ▼
Q1-2026 $5.133M ▲ $2.181M ▲ $484.985K ▲ 9.449% ▲ $0.031 ▲ $757.266K ▲
Q4-2025 $5.121M ▼ $2.137M ▼ $327.714K ▲ 6.399% ▲ $0.021 ▲ $585.517K ▲
Q3-2025 $5.191M ▲ $2.146M ▼ $274.178K ▼ 5.282% ▼ $0.017 ▼ $506.776K ▼
Q2-2025 $5.162M $2.23M $340.685K 6.6% $0.022 $592.532K

Balance Statement

Period Cash & Short-term Total Assets Total Liabilities Total Equity
Q2-2026 $10.569M ▼ $23.186M ▼ $4.49M ▼ $18.696M ▲
Q1-2026 $10.854M ▼ $23.422M ▲ $5.149M ▼ $18.273M ▲
Q4-2025 $11.93M ▼ $23.412M ▼ $5.619M ▼ $17.792M ▲
Q3-2025 $12.681M ▲ $24.336M ▲ $6.936M ▲ $17.401M ▲
Q2-2025 $11.619M $22.916M $5.868M $17.048M

Cash Flow Statement

Period Net Income Cash From Operations Cash From Investing Cash From Financing Net Change Free Cash Flow
Q2-2026 $423.693K ▼ $-176.818K ▲ $-782.445K ▼ $-71.643K ▲ $-1.031M ▼ $-237.343K ▲
Q1-2026 $484.985K ▲ $-922.293K ▼ $662.45K ▲ $-79.479K ▼ $-339.322K ▲ $-974.542K ▼
Q4-2025 $327.714K ▲ $-674.299K ▼ $-2.214M ▼ $-7.867K ▼ $-2.896M ▼ $-740.044K ▼
Q3-2025 $274.178K ▼ $1.29M ▲ $956.184K ▼ $0 $2.246M ▼ $1.077M ▲
Q2-2025 $340.685K $-418.411K $3.869M $0 $3.451M $-576.093K

Five-Year Company Overview

Income Statement

Income Statement Sono‑Tek’s revenue base looks small but has grown from earlier years and then leveled off, suggesting the business has moved out of a very early stage but is not yet in a clear, strong growth trend. Gross profit appears healthy and relatively stable, which points to decent pricing power and a product that adds enough value for customers to pay for it. Earnings bounce around from year to year, with some profitable years and weaker ones. That kind of volatility is common for a small, project‑driven hardware company that depends on the timing of large system orders. The key message: the company is not losing large amounts of money, but profitability is not yet consistently locked in either.

Balance Sheet

Balance Sheet The balance sheet looks conservative. Assets and shareholder equity have been edging up over time, which signals gradual strengthening rather than rapid, risky expansion. Recently, cash on hand has increased, giving the company more flexibility to fund operations, invest, or weather slow periods. Notably, there is effectively no financial debt. This low leverage profile reduces balance‑sheet risk and interest burdens, but it also means growth is likely paced more by internally generated funds and small raises than by heavy borrowing. Overall, the financial foundation appears solid for a company of its size, but not large or deep enough to ignore shocks from a sharp downturn in orders.

Cash Flow

Cash Flow Reported operating cash flow and free cash flow sit close to break‑even over this period, which is typical of a small industrial tech company reinvesting a good share of what it earns. It suggests that day‑to‑day operations are roughly self‑funding rather than heavily cash‑consuming. Capital spending looks modest, so big factory build‑outs are not driving the story. The combination of small but roughly balanced cash flows and a debt‑free balance sheet points to a cautious, incremental approach: the company is not stretching itself financially, but it also doesn’t yet generate large, surplus cash that could easily support major expansions or returns of capital.

Competitive Edge

Competitive Edge Sono‑Tek sits in a narrow but important niche: ultrasonic coating systems for high‑precision applications. Its strength comes from proprietary ultrasonic nozzle technology, long operating history, and deep know‑how in tuning coatings for demanding uses like medical devices, electronics, and clean‑energy components. The company has worked to move up the value chain from selling parts to delivering complete, automated systems. This makes customer relationships “stickier” and raises switching costs. Its long track record, installed base around the world, and strong application support are meaningful competitive advantages. On the risk side, the niche is still competitive. Other specialist players also offer ultrasonic or alternative coating technologies, and customers in these capital‑equipment markets can be price‑sensitive and project‑driven. Sono‑Tek’s edge depends on continuing to deliver better precision, lower material waste, and reliable service versus these rivals.

Innovation and R&D

Innovation and R&D Innovation is a clear focal point for Sono‑Tek. The company is built around its ultrasonic atomization technology, which offers finer control, less waste, and better handling of complex materials than many traditional spray methods. This core platform has been extended into specialized systems for sectors like medical devices, semiconductors, fuel cells, and solar. Management emphasizes custom engineering, robotics integration, and software as ways to deepen the moat. The firm collaborates closely with customers in its labs to develop and refine coating processes, which not only improves results but also embeds Sono‑Tek deeply into customers’ production lines. R&D efforts appear aimed at higher‑value, integrated systems and at new growth areas such as hydrogen, carbon capture, and advanced diagnostics. The opportunity is that successful innovation in these emerging fields could lift growth and margins. The risk is that these markets evolve quickly and require ongoing investment to stay ahead, which can weigh on short‑term profits for a company of this size.

Summary

Overall, Sono‑Tek looks like a small, specialized industrial technology company with a solid technical niche, a conservative balance sheet, and uneven but generally positive profitability. Strengths include proprietary ultrasonic coating technology, strong application expertise, and a shift toward full, automated systems that deepen customer ties. The lack of debt and growing cash cushion lower financial risk. Key risks center on scale and concentration. Revenues and earnings are relatively small and can swing with the timing of large projects, and the company operates in competitive, project‑driven capital‑equipment markets. Its long‑term trajectory will likely hinge on two things: its ability to keep innovating in ultrasonic coating and automation, and its success in converting opportunities in medical, electronics, and clean‑energy applications into a steadier, broader base of recurring business.

NEWS

October 14, 2025 · 7:10 AM UTC

Sono-Tek Reports Fiscal Second Quarter Financial Results and Record First Half 2026 Revenue

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October 14, 2025 · 7:00 AM UTC

Sono-Tek Reports Fiscal Second Quarter Financial Results and Record First Half 2026 Revenue

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October 13, 2025 · 7:04 AM UTC

Sono-Tek Wins $2.8 Million Order for Advanced Medical Device Coating Systems

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October 13, 2025 · 7:00 AM UTC

Sono-Tek Wins $2.8 Million Order for Advanced Medical Device Coating Systems

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October 7, 2025 · 7:01 AM UTC

Sono-Tek Announces Fiscal Second Quarter and First Half 2026 Earnings Conference Call

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