MPTI News & Events

Reports Q4 revenue $14.2M vs. $12.8M last year. Cameron Pforr, CEO, said: "We delivered another year of strong top-line performance, with revenues increasing 11.2% over 2024, which extended our record of annual revenue growth since the Company's IPO in October 2022. The growth in revenues was fueled by a significant increase in our backlog, which grew 61.9% to $76.4M as of December 31, 2025. This reflects the continued demand for our products and solutions and the strength of our relationship with our customers. While 2025 gross margin was lower than 2024, gross margin has improved for three consecutive quarters to 46.9%, which we believe more accurately reflects the underlying strength of our business.

The company said, "The increase reflects the continued strategy and focus on securing large, long duration program centric business, which can materially affect backlog to the timing and size of these orders. In addition, in 2025, the Company closed several multi-year orders, which extends our backlog out through 2028."

Mtron announced a follow-on order to the approximately $20M production order from a major defense prime first announced in December 2025. This increases the total value of the two-year production contract supporting a major air defense program to nearly $24M. The contract was expanded to include higher annual unit volumes, additional RF products, and a two-year production commitment, whereas prior orders for this program were limited to twelve-month purchase cycles. The program is a major component of the air defense systems of the United States and numerous allied nations and is expected to remain in production beyond 2030. Work under this contract will be performed at Mtron's Orlando, Florida, facility through mid-2028.

M-tron Industries announced an order for approximately $20M from a top U.S Department of Defense prime contractor in support of a major air defense program. The order consists of several products, including high performance, rugged lumped element RF filters and precision clock oscillators. This represents a two year contract whereas prior orders for this program have been of twelve month duration. The program is a major part of the air defense system of the United States as well as numerous ally nations and is anticipated to be in production past 2030. This contract highlights Mtron's continued leadership in precision RF components and solutions focused on performance under extreme conditions.