Sono-Tek Corporation (SOTK)

From the record

Sono-Tek Corporation's filings since 2017 show 3 warning events: an auditor change (8-K item 4.01, 3 times, the latest 2025-02-19) (its current reports).

From the record

Sono-Tek Corporation's 10 filed years say what it did: revenue went from $10 million in fiscal 2017 to $21 million in fiscal 2026, up 9% a year; it rose in 7 of 9 years; the deepest fall was 12% from fiscal 2022 to fiscal 2023; net income was positive in 10 of 10 of those years (its annual reports).

From the record

Over the 3 fiscal years to 2026-02-28, Sono-Tek Corporation's diluted share count shrank about 0.1% a year, and dividends and buybacks returned about 0% of its operating cash flow over 3 years (its filed statements). Its officers and directors filed 9 sales (5 under scheduled 10b5-1 plans) and 1 purchase of their own stock on the open market in the year to 2026-10-16, buying about $10 thousand (their Form 4 filings).

From the record

Return on equity: in the fiscal year ended 2026-02-28, Sono-Tek Corporation earned about 9 cents of profit for every dollar of shareholders' money, and gross profitability: its products earned about 40 cents per dollar of everything the company owns. Leverage: it owed about 25 cents per dollar of assets, and net share issuance: its share count shrank 0.2% over the year (the filed statements).

From the record

Sono-Tek Corporation's standing among 13 graded names in its industry family: revenue of $21 million in fiscal 2026 ranks in the bottom 4% by size; a net margin of 8.6% ranks in the top 50%; revenue growth of 11.6% a year over the last 3 filed years ranks in the top 27% (its annual reports).

From the record

Sono-Tek Corporation's leadership, from its insiders' filings and its current reports: the chief executive on the record is Harshbarger, R Stephen (CEO, as filed), filing under that title since 2024-08-23, 2.2 years (bottom 46% of its family); the 11 officers and directors filing in the last fifteen months have been on the record a median of 8 years (top 29%); 6 officer or director changes were reported on Form 8-K since 2023-11-13, against the 11 people in charge now (bottom 38%; fewer changes for each person reads higher) (the Form 4 record, its Form 8-K reports). Years count from a person's first filing in the SEC's data sets, which begin in 2006, so each is a floor.

From the record

Sono-Tek Corporation's room to grow, from the newest filed statements (fiscal 2026): cash of $7 million against no long-term debt tagged leaves 27.8% of its assets as net cash, top 27% of its family; cash from operations less capital spending is 14.4% of revenue (top 27%); a gross margin of 50.5% (top 27%); research spending of 12.2% of revenue (top 46%) (its annual report).

From the record

Sono-Tek Corporation's growth drivers, from the filed years to fiscal 2026: revenue grew 11.6% a year over the last three filed years against 9% over all 10, speeding up (top 12% of its family); the newest year grew 2% (top 50%); research spending grew 5.9% a year (top 50%); capital spending grew -26.1% a year (bottom 38%) (its annual reports). Sono-Tek Corporation reported 5 product lines in fiscal 2026: Multi Axis Coating Systems at $8 million (39%), In Line Coating Systems at $7 million (34%), Other Product Line at $4 million (19%), and 2 more; 2 of 5 grew against the year before (its annual report).

From the record

Sono-Tek Corporation's newest year against its own record: revenue of $21 million in fiscal 2026 came in 12.6% below the $24 million its prior three years' pace pointed to (bottom 35% of its family); net income of $2 million against a prior three-year average of $1 million (top 4%); a net margin of 8.6% against 5.9% before (top 19%) (its annual reports).