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SCI Engineered Materials, Inc. Reports 2026 Second Quarter and Six-Month Results

$SCIAPress releaseJul 30, 2026, 8:30 AM ETRead the release

SCI Engineered Materials reported record second-quarter revenue of $9.5 million, up 163% year-over-year, driven by higher volume and favorable product mix, though gross margin contracted to 24.0% due to pass-through raw material costs. Net income surged 221% to $1.17 million, or $0.26 per share, supported by a 25% increase in cash and a growing order backlog of $7.9 million.

Key figures

Eps
0.26
Revenue
9485119
Revenue Yoy
163%
Revenue 6m
17645481
Backlog usd
7900000
Gross profit
2276455
Fraud expense
562026
Net income q2
1170276
Revenue 6m yoy
148%
Gross margin q2
24.0%
Gross margin prior year
32.1%
Insurance claim approved
250000

AI analysis

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AI-generated analysis of a public disclosure. Not investment advice; verify against the original document.

    SCIA: SCI Engineered Materials, Inc. Reports 2026 Second Quarter and Six-Month Results — AI Analysis | Signal8