Solitron Devices ( (SODI) ) has released its Q2 earnings. Here is a breakdown of the information Solitron Devices presented to its investors.
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Solitron Devices, Inc., a Delaware-based company, designs and manufactures solid-state semiconductor components primarily for military and aerospace markets. The company recently released its earnings report for the quarter ending August 31, 2025, highlighting a challenging period with a net loss. Despite an increase in net sales to $3.986 million from $3.581 million in the previous year, Solitron Devices reported a net loss of $234,000 for the quarter, compared to a net income of $17,000 in the same period last year. The company’s gross profit also saw a slight increase to $835,000 from $738,000, but was offset by higher selling, general, and administrative expenses, which rose to $1.126 million. The report also noted a decrease in cash and cash equivalents to $2.85 million from $4.099 million at the beginning of the year, reflecting the company’s ongoing investments and stock repurchase activities. Looking forward, Solitron Devices remains focused on navigating the current market challenges while continuing to serve its core military and aerospace customer base.