The LGL Group (LGL) reported third-quarter 2026 revenue of $1.464 million, up 32.1% from $1.108 million a year earlier. Net loss attributable to LGL Group common stockholders was $45,000, compared with net income of $772,000 in the prior-year quarter.
Electronic Instruments backlog reached $6.463 million at September 30, 2026, while cash, cash equivalents and marketable securities totaled $87.0 million.
- Q3 net sales were $720,000, compared with $661,000 in Q3 2025.
- Net investment income was $744,000, compared with $442,000 a year earlier.
- Gross margin was 31.8%, down from 52.8%.
- Nine-month revenue totaled $3.702 million, up 25.5% from $2.950 million.
- The company completed a rights offering in July 2026, generating $41.5 million in net proceeds.