TRT benefits from strong semiconductor testing demand, new orders and Malaysia expansion, but margin pressure and quarterly losses could weigh on profitability.

Trio-Tech International (TRT) stock price & volume — 10-year historical chart
Investment Thesis • Updated 2026Q3
while the company holds a healthy liquidity position with $13.8 million in cash, the persistent inability to maintain positive operating margins, which reached -0.5% in 2026Q3, warrants a cautious wait-and-see approach.
Trio-Tech International (TRT) revenue, earnings & EPS growth — 3, 5 & 10-year CAGR
Trio-Tech International (TRT) EPS & revenue vs analyst estimates — last 4 quarters
| Quarter | Date | EPS (Act vs Est) | Revenue (Act vs Est) |
|---|---|---|---|
| Q2 2026Latest | May 14, 2026 | $0.00 | $17M |
| Q2 2026 | May 12, 2026 | $0.03 | — |
| Q1 2026 | Feb 13, 2026 | $0.01 | $16M |
| Q4 2025 | Nov 14, 2025 | $0.01 | $16M |
Recent stock market news and headlines for Trio-Tech International (TRT)
TRT benefits from strong semiconductor testing demand, new orders and Malaysia expansion, but margin pressure and quarterly losses could weigh on profitability.

Discover why Zacks rates Trio-Tech as "Neutral," being the first on Wall Street to initiate coverage on the stock. Explore TRT's AI-driven semiconductor testing demand and expanding capacity amid execution risks and semiconductor market cyclicality.

Trio-Tech's revenue is projected to surge from $36.5 million to $66 million in FY2026, marking a dramatic growth inflection. Trio-Tech secured approximately $7.9 million of AI GPU burn-in board orders, supporting multi-quarter revenue visibility. Burn-in boards generate 25-30% gross margins, materially higher than traditional semiconductor testing services.

Key metrics vs top competitors for Trio-Tech International (TRT)
| Company | Price | Market Cap | P/E Ratio | Rev Growth (1Y) | Net Margin | ROE | Div Yield |
|---|---|---|---|---|---|---|---|
| $9.68 | $97.89M | -2016.67 | -13.8% | -0.11% | -0.13% | — | |
| $92.13 | $445.65M | 29.34 | 1.76% | 57.72% | 25.61% | — | |
| $16.15 | $233.72M | -173.84 | 6.34% | 1.75% | 2.37% | — | |
| $50.97 | $2.39B | -32.06 | 12.74% | -11.54% | -6.84% | — | |
| $279.93 | $13.92B | 100.69 | 1.82% | 10.33% | 5.19% | — | |
| $131.54 | $4.04B | 34.62 | -17.57% | 11.93% | 9.79% | — |
Trio-Tech International (TRT) vs competitors — business, growth, and fundamentals comparison against the closest industry rivals.
Trio-Tech International (TRT) SEC filings — annual & quarterly reports (10-K, 10-Q)
May 14, 2026·SEC
May 4, 2026·SEC
Apr 27, 2026·SEC
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Trio-Tech International (TRT) stock FAQ — growth, dividends, profitability & financials explained
Trio-Tech International (TRT) reported $58.3M in revenue for fiscal year 2025. This represents a 151% increase from $23.2M in 1996.
Trio-Tech International (TRT) saw revenue decline by 13.8% over the past year.
Yes, Trio-Tech International (TRT) is profitable, generating $0.3M in net income for fiscal year 2025 (-0.1% net margin).
Trio-Tech International (TRT) has a return on equity (ROE) of -0.1%. Negative ROE indicates the company is unprofitable.
Trio-Tech International (TRT) generated $0.2M in free cash flow for fiscal year 2025. Positive FCF indicates the company can fund dividends, buybacks, or reinvestment.