SOTKNasdaqSpecial Industry Machinery, NECUS GAAP · USD

Sono-Tek Corporation

Sono-Tek Corp designs and manufactures ultrasonic coating systems used to apply thin films and functional coatings onto customer parts and components. The company serves industrial, medical, electronics, alternative energy, and research applications from its base in the United States, with sales and support activity extending through a global direct and distributor network.

Liikevaihto20,9milj. USD
+2,0 %v/v
Liikevoitto (EBIT)1,8milj. USD
+80,7 %v/v
EBIT-marginaali8,7%
+3,8 %-yks.v/v
Nettotulos1,8milj. USD
+41,8 %v/v
Vapaa kassavirta3,0milj. USD
+5 273,5 %v/v

Tilikausi 2026 · muutos edellisvuodesta

Kehitys 2021–2026

0510152025milj. USD2021: 15 milj. USD2021: EBIT 1,3 milj. USD20212022: 17 milj. USD2022: EBIT 1,9 milj. USD20222023: 15 milj. USD2023: EBIT 0,68 milj. USD20232024: 20 milj. USD2024: EBIT 1,2 milj. USD20242025: 21 milj. USD2025: EBIT 1,0 milj. USD20252026: 21 milj. USD2026: EBIT 1,8 milj. USD2026211,8
LiikevaihtoLiikevoitto (EBIT)

Liiketoiminta

Osuus liikevaihdosta
Ultrasonic coating systems55 %

Complete systems that apply thin films and functional coatings to customer parts.

Coating subsystems and OEM solutions20 %

Higher-value machine subsystems and integrated solutions sold to equipment customers.

Ultrasonic nozzles and components10 %

Core spray and atomization components used in coating equipment and upgrades.

Application consulting and process engineering8 %

Engineering support that helps customers design and validate coating processes.

Testing, demos, and customer validation services7 %

Lab-based demonstrations and testing that support sales conversion and process development.

Tuotteet

Raportoitu · osuus liikevaihdosta
38,5%33,8%18,5%FY2026100 %
  • Multi Axis Coating Systems38,5 %
  • In Line Coating Systems33,8 %
  • Other Product Line18,5 %
  • Oem Systems5,8 %
  • Fluxing Systems3,4 %

Lähde: 10-K FY2026, yhtiön tuotelinjoittain raportoima liikevaihto (SEC XBRL). Osuudet on laskettu näytetyistä riveistä ja ne summautuvat 100 %:iin.

Asiakkaat

Sono-Tek sells to OEMs and end users that need precise thin-film deposition for specialized manufacturing processes. Its customer base spans medical device makers, electronics and microelectronics manufacturers, industrial producers, alternative energy developers, and research-oriented customers. Buying decisions are driven by coating precision, process validation, and the ability to scale from development work into production.

Medical devices

Buys stent coating systems, balloon catheter coating platforms, and diagnostic-device applications for precision and repeatability.

Electronics and microelectronics

Buys fluxing systems and semiconductor coating equipment for controlled deposition in electronics manufacturing.

Industrial manufacturing

Buys coating platforms for textile, glass, PCB, and other industrial process applications.

Alternative energy

Buys systems for solar, fuel cell, green hydrogen, electrolysis, and carbon capture applications.

Research and development

Buys lab and pilot-scale systems to test and validate new coating processes before production rollout.

Strategia

Sono-Tek’s strategy is to move from component sales toward complete coating machines and higher-value subsystems, which expands the addressable market and deepens customer relationships. The company also invests in R&D, application engineering, and local demonstration labs to help customers validate processes and adopt new coating technologies. Its growth plan depends on broadening end-market exposure while building a larger direct and distributor sales footprint globally.

Expand higher-value system salesKeskipitkä aikaväli

Larger integrated systems broaden the market and raise the value of each customer engagement.

Deepen medical and electronics penetrationKeskipitkä aikaväli

These end markets support repeatable demand for precision coating applications.

Build global sales and validation infrastructureLyhyt aikaväli

Local labs and channel partners improve customer demonstrations and shorten adoption cycles.

Advance clean-energy applicationsPitkä aikaväli

Alternative energy expands the company’s use cases beyond traditional industrial markets.

Maantiede

Sono-Tek sells through direct personnel, distributors, and sales representatives across North America, Latin America, Europe, and Asia. In the reported quarter, about 31% of sales came from outside the United States and Canada, showing meaningful international exposure even though North America remains the largest base. The company also operates testing labs with distribution partners in China, Taiwan, Germany, Turkey, Korea, and Japan, which support customer demonstrations and local market development.

Riskit

Sono-Tek is exposed to demand swings across specialized end markets, where customer timing can cause large quarter-to-quarter changes in shipments and backlog conversion. Its business also depends on technology adoption, government policy support in alternative energy, and the ability to convert R&D-stage applications into production orders. Because a meaningful share of sales is international, the company also faces foreign demand variability, tariffs, and channel execution risk.

Järjestetty vakavuuden mukaan
Demand volatility and order timingKorkea

The company expects wide variations in order flow and shipments from quarter to quarter.

Kohdistuu: Revenue and backlog conversion

Alternative energy policy dependenceKorkea

Electrolysis, carbon capture, and fuel-cell demand can change with government incentives.

Kohdistuu: Alternative energy end market

Customer validation and technology adoptionKeskitaso

Sales depend on customers approving coating performance before production rollout.

Kohdistuu: New product commercialization

International trade and channel executionKeskitaso

A large share of sales comes from outside the U.S. and Canada through distributors and reps.

KohdistuuAPACEMEALatin America
Patent and competitive pressureKeskitaso

The company relies on proprietary coating know-how and must protect its technology position.

Kohdistuu: Intellectual property and product differentiation

Kirjanpito

Harkinnanvaraiset erät
ASC 606 revenue recognition

Equipment revenue is recorded when control transfers, so contract terms and acceptance matter.

Vaikutus: Can shift revenue between periods

Quarterly shipment timing

Large orders and project-based sales create uneven revenue recognition across quarters.

Vaikutus: Affects comparability and backlog conversion

Income taxes and deferred tax assets

Deferred tax realization depends on future taxable income and enacted tax rules.

Vaikutus: Can affect tax expense and balance-sheet valuation allowances

R&D and bonus depreciation

Tax treatment of development and capital spending changes current cash taxes.

Vaikutus: Affects cash tax outflows and effective tax rate

Julkisesti listattuja yhtiöitä, joilla on samankaltainen liiketoiminta.

Päivitetty: 29.4.2026

Sono-Tek Corporation (SOTK) liikevaihto, tulos ja tunnusluvut 2026 – Clarifo