Pro-Dex, Inc. (PDEX) quarterly income statement — complete revenue, gross profit & net income history
| Metric | Q3'26 | Q2'26 | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 | Q2'22 | Q1'22 | Q4'21 |
|---|
| Sales/Revenue | 19.95M | 18.66M | 18.53M | 17.49M | 17.41M | 16.79M | 14.89M | 15.03M | 14.29M | 12.59M | 11.94M | 10.64M | 13.08M | 11.28M | 11.09M | 12.62M | 9.27M | 10.17M | 9.99M | 9.44M |
| Revenue Growth % | 14.56% | 11.14% | 24.43% | 16.43% | 21.84% | 33.4% | 24.74% | 41.23% | 9.28% | 11.58% | 7.68% | -15.66% | 41.17% | 10.9% | 11% | 33.7% | -21.07% | 23.09% | 16.27% | -15.19% |
| Cost of Goods Sold | 13.82M | 12.92M | 13.16M | 14M | 11.62M | 11.72M | 9.74M | 10.94M | 10.29M | 9.79M | 8.28M | 7.28M | 9.27M | 8.66M | 8.13M | 9.17M | 6.41M | 6.77M | 6.56M | 6.32M |
| COGS % of Revenue | 69.26% | 69.23% | 71.04% | 80.05% | 66.7% | 69.8% | 65.42% | 72.79% | 72% | 77.74% | 69.36% | 68.43% | 70.86% | 76.75% | 73.34% | 72.71% | 69.15% | 66.54% | 65.68% | 66.94% |
| Gross Profit | 6.13M | 5.74M | 5.37M | 3.49M | 5.8M | 5.07M | 5.15M | 4.09M | 4M | 2.8M | 3.66M | 3.36M | 3.81M | 2.62M | 2.96M | 3.44M | 2.86M | 3.4M | 3.43M | 3.12M |
| Gross Margin % | 30.74% | 30.77% | 28.96% | 19.95% | 33.3% | 30.2% | 34.58% | 27.21% | 28% | 22.26% | 30.64% | 31.57% | 29.14% | 23.25% | 26.66% | 27.29% | 30.85% | 33.46% | 34.32% | 33.06% |
| Gross Profit Growth % | 5.78% | 13.23% | 4.21% | -14.65% | 44.88% | 81.01% | 40.79% | 21.73% | 5.01% | 6.82% | 23.75% | -2.44% | 33.34% | -22.94% | -13.77% | 10.39% | -34.82% | 31.12% | -1.35% | -27.26% |
| Operating Expenses | 3.04M | 2.48M | 2.26M | 2.15M | 2.16M | 2.38M | 2.14M | 1.74M | 1.79M | 2.02M | 1.82M | 1.75M | 1.75M | 1.49M | 2.01M | 2.26M | 1.84M | 1.8M | 2.11M | 2.53M |
| OpEx % of Revenue | 15.23% | 13.31% | 12.19% | 12.27% | 12.39% | 14.17% | 14.35% | 11.57% | 12.52% | 16.09% | 15.29% | 16.44% | 13.35% | 13.17% | 18.09% | 17.92% | 19.83% | 17.71% | 21.13% | 26.8% |
| Selling, General & Admin | 2.21M | 1.75M | 1.49M | 1.24M | 1.21M | 1.44M | 1.29M | 902K | 1.03M | 1.24M | 1.02M | 1.05M | 1.03M | 1.02M | 1.08M | 1.51M | 1.17M | 1.19M | 1.13M | 1.33M |
| SG&A % of Revenue | 11.09% | 9.38% | 8.04% | 7.09% | 6.95% | 8.56% | 8.69% | 6% | 7.2% | 9.83% | 8.54% | 9.91% | 7.9% | 9.03% | 9.71% | 11.99% | 12.57% | 11.67% | 11.31% | 14.09% |
| Research & Development | 827K | 734K | 768K | 905K | 947K | 942K | 843K | 836K | 760K | 788K | 805K | 695K | 713K | 467K | 929K | 726K | 658K | 615K | 980K | 1.2M |
| R&D % of Revenue | 4.15% | 3.93% | 4.14% | 5.17% | 5.44% | 5.61% | 5.66% | 5.56% | 5.32% | 6.26% | 6.74% | 6.53% | 5.45% | 4.14% | 8.38% | 5.76% | 7.1% | 6.05% | 9.81% | 12.72% |
| Other Operating Expenses | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -6K | 0 | 0 | 0 | 21K | 14K | 0 | 0 | 0 |
| Operating Income | 3.09M | 3.26M | 3.11M | 1.34M | 3.64M | 2.69M | 3.01M | 2.35M | 2.21M | 777K | 1.83M | 1.61M | 2.06M | 1.14M | 950K | 1.18M | 1.02M | 1.6M | 1.32M | 590K |
| Operating Margin % | 15.51% | 17.46% | 16.78% | 7.68% | 20.9% | 16.03% | 20.23% | 15.65% | 15.48% | 6.17% | 15.35% | 15.13% | 15.79% | 10.08% | 8.57% | 9.38% | 11.02% | 15.75% | 13.2% | 6.25% |
| Operating Income Growth % | -15% | 21.06% | 3.19% | -42.83% | 64.48% | 246.46% | 64.38% | 46.02% | 7.17% | -31.66% | 92.95% | 36.09% | 102.25% | -29.03% | -27.92% | 100.51% | -45.25% | 207.49% | -14.91% | -73.22% |
| EBITDA | 3.09M | 3.57M | 3.42M | 2.64M | 2.97M | 3M | 3.31M | 2.66M | 2.5M | 1.06M | 2.11M | 1.87M | 2.27M | 1.33M | 1.14M | 1.36M | 1.2M | 1.79M | 1.51M | 774K |
| EBITDA Margin % | 15.51% | 19.14% | 18.46% | 15.07% | 17.07% | 17.89% | 22.26% | 17.68% | 17.48% | 8.44% | 17.7% | 17.61% | 17.38% | 11.76% | 10.31% | 10.8% | 12.96% | 17.56% | 15.1% | 8.2% |
| EBITDA Growth % | 4.11% | 18.9% | 3.17% | -0.79% | 18.93% | 182.69% | 56.89% | 41.86% | 9.94% | -19.89% | 84.86% | 37.42% | 89.26% | -25.7% | -24.2% | 76.1% | -41.5% | 158.47% | -11.24% | -67.06% |
| D&A (Non-Cash Add-back) | 0 | 314K | 311K | 1.29M | -668K | 313K | 302K | 306K | 286K | 286K | 280K | 263K | 208K | 190K | 193K | 180K | 180K | 184K | 190K | 184K |
| EBIT | 0 | 3.07M | 6.42M | 2.32M | 4.31M | 2.79M | 3.47M | 2.08M | 1.05M | 759K | -696K | 1.61M | 1.9M | 1.3M | 1.42M | 1.61M | 746K | 1.33M | 1.49M | 1.15M |
| Net Interest Income | 0 | -81K | -186K | -206K | -231K | -183K | -127K | -81K | -108K | -117K | -109K | -85K | -120K | -121K | 88K | -89K | -112K | -92K | -96K | -97K |
| Interest Income | 0 | 60K | 14K | 21K | 15K | 21K | 25K | 68K | 30K | 22K | 24K | 59K | 11K | 7K | 218K | 26K | 0 | 25K | 24K | 24K |
| Interest Expense | -201K | 141K | 200K | 227K | 246K | 204K | 152K | 149K | 138K | 139K | 133K | 144K | 131K | 128K | 130K | 115K | 112K | 117K | 120K | 121K |
| Other Income/Expense | 2.25M | -331K | 3.11M | 255K | 914K | -106K | 306K | -421K | -1.3M | -157K | -2.66M | 3.58M | 7K | 37K | 344K | 309K | -387K | -392K | 53K | 435K |
| Pretax Income | 5.34M | 2.93M | 6.22M | 1.6M | 4.55M | 2.59M | 3.32M | 1.93M | 913K | 620K | -829K | 5.19M | 2.07M | 1.17M | 1.29M | 1.49M | 634K | 1.21M | 1.37M | 1.02M |
| Pretax Margin % | 26.77% | 15.69% | 33.58% | 9.14% | 26.15% | 15.4% | 22.29% | 12.85% | 6.39% | 4.93% | -6.94% | 48.8% | 15.84% | 10.41% | 11.67% | 11.83% | 6.84% | 11.89% | 13.73% | 10.86% |
| Income Tax | 1.4M | 741K | 1.54M | 403K | 1.28M | 546K | 853K | 343K | 258K | 120K | -214K | 1.39M | 455K | 295K | 218K | 87K | 172K | 285K | 307K | 172K |
| Effective Tax Rate % | 26.25% | 25.31% | 24.78% | 25.2% | 28.09% | 21.11% | 25.7% | 17.77% | 28.26% | 19.35% | 25.81% | 26.69% | 21.96% | 25.13% | 16.85% | 5.83% | 27.13% | 23.55% | 22.39% | 16.78% |
| Net Income | 3.94M | 2.19M | 4.68M | 1.2M | 3.27M | 2.04M | 2.47M | 1.59M | 655K | 500K | -615K | 3.81M | 1.62M | 879K | 1.08M | 1.41M | 462K | 925K | 1.06M | 853K |
| Net Margin % | 19.74% | 11.72% | 25.26% | 6.84% | 18.81% | 12.15% | 16.56% | 10.56% | 4.58% | 3.97% | -5.15% | 35.77% | 12.36% | 7.79% | 9.71% | 11.14% | 4.99% | 9.09% | 10.65% | 9.04% |
| Net Income Growth % | 20.24% | 7.21% | 89.78% | -24.64% | 400% | 308% | 500.98% | -58.3% | -59.49% | -43.12% | -157.16% | 170.89% | 250% | -4.97% | 1.13% | 64.71% | -76.84% | 174.48% | -15.89% | -66.5% |
| Net Income (Continuing) | 3.94M | 2.19M | 4.68M | 1.2M | 3.27M | 2.04M | 2.47M | 1.59M | 655K | 500K | -615K | 3.81M | 1.62M | 879K | 1.08M | 1.41M | 462K | 925K | 1.06M | 853K |
| Discontinued Operations | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| EPS (Diluted) | 1.20 | 0.66 | 1.40 | 0.36 | 0.98 | 0.61 | 0.75 | 0.46 | 0.19 | 0.14 | -0.17 | 1.05 | 0.36 | 0.24 | 0.33 | 0.38 | 0.12 | 0.25 | 0.28 | 0.23 |
| EPS Growth % | 22.45% | 8.2% | 86.67% | -21.74% | 415.79% | 335.71% | 541.18% | -56.19% | -47.22% | -41.67% | -151.52% | 176.32% | 200% | -4% | 17.86% | 65.22% | -76% | 197.62% | -12.5% | -62.9% |
| EPS (Basic) | 1.23 | 0.67 | 1.43 | 0.37 | 1.00 | 0.63 | 0.76 | 0.47 | 0.19 | 0.14 | -0.17 | 1.07 | 0.37 | 0.25 | 0.33 | 0.39 | 0.13 | 0.25 | 0.29 | 0.23 |
| Diluted Shares Outstanding | 3.27M | 3.3M | 3.34M | 3.35M | 3.34M | 3.34M | 3.29M | 3.47M | 3.52M | 3.61M | 3.55M | 3.61M | 3.62M | 3.65M | 3.69M | 3.73M | 3.75M | 3.77M | 3.78M | 3.75M |
| Basic Shares Outstanding | 3.2M | 3.25M | 3.26M | 3.26M | 3.26M | 3.26M | 3.26M | 3.4M | 3.45M | 3.55M | 3.55M | 3.55M | 3.55M | 3.57M | 3.62M | 3.61M | 3.63M | 3.66M | 3.65M | 3.66M |
| Dividend Payout Ratio | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |