SONO TEK CORP SOTK
"We" or "Our") is the world leader in the design and manufacture of ultrasonic coating systems for applying precise,
thin film coatings to add functional properties, protect or strengthen surfaces on parts and components for the microelectronics/electronics,
alternative energy, medical, industrial and emerging research & development/other markets. We design and manufacture custom-engineered
ultrasonic coating systems incorporating our patented technology, in combination with strong applications engineering knowledge, to assist
Last close
5.26
2026-10-23
Market cap
$82.7M
2026-05-31 share count
52-week range
3.40 - 7.48
Valuation FY2025 figures against the last close
P/S11.9x
P/E47.8x
P/FCF27.4x
EV/EBITDA33.1x
Dividend yield—
Diluted EPS0.11
Annual financial statements
Income statement
| Fiscal year | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $7.0M | $8.0M | $8.8M | $8.3M | $11.7M | $9.7M | $10.8M | $7.6M | $6.2M | $9.6M |
| Cost of revenue | $10.3M | $10.8M | $9.9M | $7.4M | $8.5M | $7.8M | $8.0M | $6.4M | $5.7M | $5.3M |
| Gross profit | $10.6M | $9.7M | $9.8M | $7.7M | $8.6M | $7.0M | $7.3M | $5.2M | $5.3M | $4.4M |
| R&D | $2.6M | $2.7M | $2.9M | $2.1M | $1.7M | $1.6M | $1.4M | $1.3M | $1.3M | $1.3M |
| SG&A | $2.7M | $2.3M | $2.1M | $1.6M | $1.6M | $1.2M | $1.4M | $1.2M | $1.1M | $1.0M |
| Total operating expenses | $8.7M | $8.7M | $8.7M | $7.0M | $6.7M | $5.7M | $6.2M | $5.2M | $4.9M | $4.5M |
| Operating income | $1.8M | $1.0M | $1.2M | $683.0K | $1.9M | $1.3M | $1.1M | $82.5K | $381.6K | -$178.6K |
| Interest expense | — | — | — | — | — | $39.8K | $33.0K | $40.0K | $46.1K | $52.3K |
| Pre-tax income | $2.3M | $1.5M | $1.7M | $789.9K | $2.9M | $1.3M | $1.2M | $181.4K | $460.1K | $115.1K |
| Income tax | $461.4K | $260.7K | $303.1K | $154.0K | $361.6K | $227.2K | $106.0K | $19.8K | $91.9K | $19.4K |
| Net income | $1.8M | $1.3M | $1.4M | $635.9K | $2.5M | $1.1M | $1.1M | $161.6K | $368.2K | $95.7K |
| EPS, basic | 0.11 | 0.08 | 0.09 | 0.04 | 0.16 | 0.07 | 0.07 | 0.01 | 0.02 | 0.01 |
| EPS, diluted | 0.11 | 0.08 | 0.09 | 0.04 | 0.16 | 0.07 | 0.07 | 0.01 | 0.02 | 0.01 |
| Shares, diluted (wtd. avg.) | 15.7M | 15.8M | 15.8M | 15.8M | 15.6M | 15.7M | 15.4M | 15.2M | 15.1M | 15.0M |
Balance sheet
| Fiscal year | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash and equivalents | $7.3M | $5.2M | $2.1M | $3.4M | $4.8M | $4.1M | $3.7M | $3.1M | $2.0M | $2.6M |
| Short-term investments | $7.5M | $6.7M | $9.7M | $8.1M | $5.9M | $4.6M | $4.2M | $2.4M | $4.4M | $2.3M |
| Receivables | $3.4M | $2.3M | $1.5M | $1.6M | $1.1M | $1.8M | $929.7K | $1.4M | $774.8K | $1.2M |
| Inventory | $3.9M | $4.5M | $5.2M | $3.2M | $2.4M | $2.6M | $2.4M | $1.7M | $1.4M | $1.3M |
| Total current assets | $22.8M | $19.0M | $18.7M | $16.6M | $14.5M | $13.2M | $11.3M | $9.0M | $8.7M | $7.5M |
| Property, plant and equipment | $2.2M | $2.6M | $2.8M | $2.6M | $2.6M | $2.7M | $2.9M | $2.5M | $2.3M | $2.5M |
| Other intangibles | $29.8K | $37.4K | $47.6K | $57.2K | $76.0K | $95.5K | $106.3K | $122.9K | $136.6K | $153.3K |
| Total assets | $26.4M | $23.4M | $23.1M | $20.2M | $17.6M | $16.4M | $14.7M | $12.2M | $11.8M | $10.7M |
| Accounts payable | $1.0M | $859.5K | $1.0M | $810.9K | $684.5K | $1.3M | $668.7K | $585.7K | $652.9K | $336.6K |
| Short-term debt | — | — | — | — | — | — | $169.7K | $162.8K | $156.1K | $149.7K |
| Total current liabilities | $6.6M | $5.5M | $6.6M | $5.5M | $3.7M | $4.3M | $4.2M | $2.5M | $2.1M | $1.4M |
| Long-term debt | — | — | — | — | — | $1.0M | $538.0K | $707.7K | $870.5K | $1.0M |
| Total liabilities | $6.6M | $5.6M | $6.9M | $5.5M | $3.9M | $5.5M | $5.0M | $3.6M | $3.4M | $2.8M |
| Retained earnings | $9.4M | $7.6M | $6.4M | $4.9M | $4.3M | $1.7M | $610.5K | -$496.9K | -$760.1K | -$1.1M |
| Total equity | $19.8M | $17.8M | $16.3M | $14.6M | $13.7M | $11.0M | $9.8M | $8.6M | $8.4M | $7.9M |
Cash flow
| Fiscal year | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating cash flow | $3.2M | $525.0K | $1.2M | $1.3M | $2.3M | $725.2K | $3.3M | -$109.0K | $1.8M | $1.0M |
| Depreciation and amortisation | $669.3K | $700.5K | $597.2K | $510.9K | $435.5K | $463.1K | $406.7K | $332.1K | $399.5K | $440.2K |
| Stock-based compensation | $317.0K | $248.0K | $204.0K | $256.7K | $179.3K | $47.6K | — | — | — | — |
| Capital expenditure | $224.6K | $468.8K | $794.7K | $555.9K | $326.9K | $344.4K | $722.2K | $547.3K | $189.2K | $182.8K |
| Investing cash flow | -$968.0K | $2.6M | -$2.4M | -$2.8M | -$1.6M | -$594.6K | -$2.6M | $1.4M | -$2.2M | -$716.4K |
| Financing cash flow | -$140.5K | -$7.9K | — | — | $68.8K | $293.9K | -$162.8K | -$156.1K | -$149.5K | -$143.4K |
| Buybacks | $151.1K | $7.9K | — | — | — | — | — | — | — | — |
Figures as tagged in each year's own filing, in US dollars. A year restated by a later filing shows the restated figure. Capital expenditure, dividends and buybacks are cash out, shown positive. A line the filer does not report is not listed. Latest from accession 0001171520-26-000185.
Plot the figures US dollars
Income statement
Revenue
Cost of revenue
Gross profit
R&D
SG&A
Total operating expenses
Operating income
Interest expense
Pre-tax income
Income tax
Net income
EPS, basic
EPS, diluted
Shares, diluted (wtd. avg.)
- Revenue
- Gross profit
- Net income
| Fiscal year | FY2016 | FY2017 | FY2018 | FY2019 | FY2020 | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $9.6M | $6.2M | $7.6M | $10.8M | $9.7M | $11.7M | $8.3M | $8.8M | $8.0M | $7.0M |
| Gross profit | $4.4M | $5.3M | $5.2M | $7.3M | $7.0M | $8.6M | $7.7M | $9.8M | $9.7M | $10.6M |
| Net income | $95.7K | $368.2K | $161.6K | $1.1M | $1.1M | $2.5M | $635.9K | $1.4M | $1.3M | $1.8M |
Recent filings and events
- Results announced The quarterly or annual earnings release. Arrives four times a year from almost every company here. Item 2.02
- Shareholder vote The results of the annual meeting or a special vote. Item 5.07
- Regulation FD disclosure Something the company told the market and had to tell everyone at once - usually a slide deck or a press release. Item 7.01
- Results announced Item 2.02
- Regulation FD disclosure Item 7.01
- Annual report filed A new 10-K. The figures and the business description on this site come from it. Form 10-K
- Results announced Item 2.02
- Regulation FD disclosure Item 7.01
- Results announced Item 2.02
- Regulation FD disclosure Item 7.01
- Material agreement signed The company entered an agreement outside the ordinary course of business - a large contract, a credit facility, a merger agreement. Item 1.01
- Material agreement terminated An agreement that mattered has ended. Often the other half of a deal that fell through. Item 1.02
Item numbers are Form 8-K's own, and a filing date is up to four business days after the thing it reports. The same feed across the whole market.
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