Electro-Sensors, Inc. Announces Second Quarter 2025 Financial Results

MINNETONKA, Minn., Aug. 12, 2025 /PRNewswire/ -- Electro-Sensors, Inc. (NASDAQ:ELSE), a leading global provider of machine monitoring sensors and hazard monitoring systems, today announced financial results for the second quarter ended June 30, 2025.

Quarterly revenue of $2,400,000, up 8.3% from the prior-year period

Gross margin of 51.2%

Cash and investments of approximately $10.2 million

Selected Financial Information (unaudited, in thousands, except per share data)

Q2 2025

Q2 2024

Change

Net Sales

$

2,400

$

2,217

8.3

%

Gross Margin

51.2

%

47.2

%

400

bps

Operating Loss

$

(2)

$

(107)

98.1

%

Operating Income Margin

(0.1)

%

(4.8)

%

470

bps

Income Before Income Taxes

$

80

$

2

3900.0

%

Earnings Per Share (diluted)

$

0.02

$

0.00

100.0

%

Net sales in the second quarter increased 8.3% to $2,400,000 from $2,217,000 in the prior-year quarter.  For the first six months of 2025, net sales increased 4.0% to $4,639,000 from $4,461,000 in the comparable prior-year period.  Furthermore, gross margin for the 2025 second quarter was 51.2%, up from 47.2% in the corresponding quarter in 2024, primarily due to an increase in average selling price for specific items to partially offset increased material costs.

"We are pleased to report second quarter revenue of $2,400,000, up 8.3% from the prior-year period," said David L. Klenk, Electro-Sensors' president.  "Additionally, we are encouraged that gross margin was up four percentage points over the same quarter in 2024 as we continued to refine our pricing strategy."

A full analysis of results for the period ended June 30, 2025 is available in the Company's Form 10-Q, which is available on the Company's website at www.electro-sensors.com or through the Securities and Exchange Commission's Edgar database at www.sec.gov.

 

Electro-Sensors, Inc.

Statements of Income

For the Three and Six Months Ended June 30, 2025 and 2024 (unaudited)

(in thousands except share and per share amounts)

 

Three Months Ended June 30,

2025

2024

Sales

$

2,400

$

2,217

Cost of goods sold

1,172

1,170

Gross profit

1,228

1,047

Operating expenses

1,230

1,154

Operating loss

(2)

(107)

Non-operating income, net