SCI Engineered Materials, Inc. Reports 2026 First Quarter Results
SCI Engineered Materials reported record Q1 revenue of $8.16 million, up 133% year-over-year, with order backlog surging to $7.1 million from $2.6 million at the end of 2025. However, net income growth was constrained by a $562,000 fraud expense resulting from an imposter scam, and the revenue increase was partially attributed to higher costs for a key raw material.
Key figures
- Eps
- 0.1
- Revenue
- 8160362
- Revenue Yoy
- 133%
- Net income
- 462262
- Gross profit
- 2035120
- Fraud expense
- 562026
- Order backlog dec 2025
- $2.6 million
- Order backlog march 2026
- $7.1 million
AI analysis
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