M-tron Industries (MPTI) reported second-quarter 2026 revenue of $15.1 million, up 13.8% from $13.3 million a year earlier. Net income rose 19.9% to $1.9 million, while diluted earnings per share declined to $0.43 from $0.53.
The company said backlog was $84.0 million as of June 30, 2026, compared with $76.4 million at Dec. 31, 2025, and $61.2 million a year earlier. Adjusted EBITDA increased to $3.4 million from $2.4 million.
- Second-quarter revenue was $15.1 million, compared with $13.3 million in Q2 2025.
- Net income was $1.9 million, compared with $1.6 million a year earlier.
- Diluted EPS was $0.43, down from $0.53, due to higher weighted shares outstanding related to the April 2026 rights offering.
- Six-month revenue was $29.8 million, compared with $26.0 million in the prior-year period.
- Six-month net income was $4.3 million, compared with $3.2 million a year earlier.
- The company made a small investment in Skyline Instruments, LLC during the quarter.
