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