Sono-Tek Corporation reported record net sales of $20.5 million for fiscal year 2025, ended February 28, 2025, representing a 4% increase from $19.7 million in fiscal year 2024. This marks the fourth consecutive quarter of revenue above $5 million for the company. Net income for the full fiscal year decreased to $1.27 million, or $0.08 per share, compared to $1.44 million, or $0.09 per share, in the prior year.
Gross profit slightly decreased by 1% to $9.74 million, resulting in a gross margin of 47.5% compared to 50% in fiscal year 2024, primarily due to product mix and reclassification of certain labor costs. Operating income also decreased to $1.01 million from $1.20 million in fiscal year 2024. The company ended the fiscal year with a solid equipment and service-related backlog of $8.6 million, which includes significant high-ASP systems from the clean energy sector.
The Alternative/Clean Energy market saw a significant 64% surge in sales, reaching $9.84 million and accounting for 48% of total sales. This growth was offset by declines in the Medical market, down 22% to $3.25 million, and the Industrial market, down 47% to $1.92 million. Sono-Tek expects continued revenue growth and profitability in the first half of fiscal year 2026, but noted limited visibility beyond that due to uncertainties related to governmental clean energy incentives and evolving tariff policies.
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