Espey Mfg. & Electronics
Custom power conversion and magnetics for military and industrial platforms.
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Profile
Supplies custom power-conversion equipment, power magnetics and integrated manufacturing services for military and severe-environment industrial platforms. Most sales arise from fixed-price military contracts, while customer-funded engineering supports later production and all core operations are concentrated at one Saratoga Springs site.
Designs and manufactures custom, high-reliability power-conversion equipment, power magnetics and integrated power-distribution systems for military and severe-environment industrial platforms. The portfolio spans AC-DC, DC-DC and DC-AC supplies, transformers, inductors, filters, battery chargers, intelligent distribution units and smart circuit breakers, alongside build-to-print manufacturing and environmental qualification testing.
Earns most sales through fixed-price military contracts with defense companies, U.S. government customers and other agencies, while also serving industrial manufacturers. Customer-funded engineering can precede follow-on production, and work is sold directly or through representatives and prime contractors. Administration, engineering, manufacturing and testing are concentrated at its Saratoga Springs site, making execution dependent on government appropriations, a small group of major customers, suppliers and skilled labor.
Company facts
Key statistics
Year to date +32.9% · Average volume (30d) 39.3K
Analysts
No analyst consensus on record.
Earnings
EPS
Revenue
History
| Report date | EPS est | EPS | Surprise | Revenue est | Revenue | Surprise | Next session |
|---|---|---|---|---|---|---|---|
| May 12, 2026Q3 FY26 | $0.88 | $0.99 | +12.5% | $13.2M | $11.4M | −13.5% | −2.60% |
| Feb 10, 2026Q2 FY26 | $0.76 | $0.99 | +30.3% | $12.4M | $12.1M | −2.1% | −8.73% |
| Nov 12, 2025Q1 FY26 | $0.67 | $0.76 | +13.4% | $11.1M | $9.1M | −18.4% | +0.93% |
| Sep 16, 2025Q4 FY25 | $0.67 | $1.05 | +56.7% | $11.1M | $9.6M | −13.9% | −12.42% |
Financial highlights
| 12 quarters | Q2 FY25 | Q3 FY25 | Q4 FY25 | Q1 FY26 | Q2 FY26 | Q3 FY26 | |
|---|---|---|---|---|---|---|---|
| Revenue | $13.6M | $10.3M | $9.6M | $9.1M | $12.1M | $11.4M | |
| Gross profit | $3.2M | $2.9M | $3.8M | $3.2M | $4.2M | $4.2M | |
| Operating income | $2.0M | $1.8M | $2.6M | $2.1M | $3.1M | $3.0M | |
| Net income | $1.9M | $1.7M | $2.9M | $2.2M | $2.8M | $2.9M | |
| Diluted EPS | $0.70 | $0.63 | $1.05 | $0.76 | $0.99 | $0.99 | |
| Gross margin | 23.2% | 28.6% | 39.3% | 35.4% | 34.7% | 37.0% | |
| Operating margin | 14.9% | 17.0% | 27.4% | 22.7% | 25.3% | 26.1% |
Fiscal years (4-quarter sums)FY24 $38.7M · FY25 $44.0M
Balance sheet, Mar 31, 2026Cash & short-term investments $46.7M · Total debt $0 · Total assets $96.0M · Shareholders' equity $56.4M
Dividends
Raised for 2 straight years — most recently to $0.25 from $0.20 in Sep 2024. To collect a payout, hold shares through the close before the ex-date.
History
| Ex-date | Record | Paid | Amount | Note |
|---|---|---|---|---|
| Jun 15, 2026 | Jun 15 | Jun 22 | $0.25 | |
| Mar 20, 2026 | Mar 20 | Mar 27 | $0.25 | |
| Dec 19, 2025 | Dec 19 | Dec 26 | $0.25 | |
| Sep 19, 2025 | Sep 19 | Sep 26 | $1.00 | special dividend |
| Jun 16, 2025 | Jun 16 | Jun 23 | $0.25 | |
| Mar 21, 2025 | Mar 21 | Mar 28 | $0.25 | |
| Dec 20, 2024 | Dec 20 | Dec 27 | $0.25 | |
| Sep 20, 2024 | Sep 20 | Sep 27 | $0.25 | raised from $0.20 |
Ownership
Shares outstanding 3.00M · Float 2.13M · 71.0% free float
Top shareholders13F · 13D/G · Form 4
| Holder | Shares | % outstanding | Form | Filed |
|---|---|---|---|---|
| Espey Mfg. & Electronics Corp. Employee Retirement Plan & Trust | 537.3K | 18.00% | 13G | Jan 26, 2026 |
| Renaissance Technologies LLC | 103.2K | 3.45% | 13F | May 14, 2026 |
| Dimensional Fund Advisors LP | 93.5K | 3.12% | 13F | May 7, 2026 |
| Vanguard Capital Management LLC | 85.0K | 2.84% | 13F | May 15, 2026 |
| Arrowstreet Capital, Limited Partnership | 61.9K | 2.07% | 13F | May 14, 2026 |
Insider tradesForm 4
Nothing filed in the last 12 months.
View detailsPeers
- Crane
Rugged defense power conversion and radar-platform rival.
- Standex International
Custom high-reliability magnetics and power-conversion rival.
- Vicor
High-density MIL-COTS power modules for defense and rail.
CompareAfter-hours close
| Company | Price | Change | |||||
|---|---|---|---|---|---|---|---|
| Espey Mfg. & Electronics | $62.19 | −0.21% | $186.3M | 16.4 | 17.3 | 4.4 | +10.9% |
| Crane | $207.00 | −0.01% | $11.95B | 36.1 | 28.4 | 4.6 | +25.6% |
| Standex International | $298.44 | −0.03% | $3.62B | 34.4 | 30.0 | 4.1 | +2.8% |
| Vicor | $188.63 | +0.41% | $8.51B | 60.2 | 39.3 | 18.0 | +49.3% |
| Median | 36.1 | 30.0 | 4.6 | +25.6% |