MPTI on NYSE
M-tron Industries, Inc.
American electronic components company based in Wilmington, active since 2000. Summary from the record
Price unavailable
Last updated Oct 19, 2026.
Overview
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- TickerMPTI on NYSE2
- IndustryElectronic Components, NEC2
- HeadquartersWilmington, United States2
- Incorporated inDE3
- Business address2525 Shader Road, Orlando, Fl 328043
- Filer category, Emerging growth company3
- Legal formCorporation2
- LEI529900ECYL9SLLCSE9312
- StatusActive2
- LEI statusIssued and current2
- Registered addressc/o THE CORPORATION TRUST COMPANY, CORPORATION TRUST CENTER 1209 ORANGE ST, 19801 Wilmington, United States2
- Registered withDivision of Corporations, Department of State, 32697172
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Originally founded in 1965, M-tron Industries, Inc. is engaged in the designing, manufacturing and marketing of highly engineered, high reliability frequency and spectrum control products used to control the frequency or timing of signals in electronic circuits in various applications. Mtron's primary markets are aerospace and defense, avionics, industrials, and space.4 From its latest annual report
Financials
From the company’s reports to the SEC. Every number links to the filing it came from.
Key numbers, fiscal 2025
18.9%Operating margin5
15.5%Net margin5
11.0%Revenue growth, 20255
13.4%Return on equity5
$8.1MFree cash flow5
What sells
Revenue by product, business segment and region, as the company reports it to the SEC.
Regions
United States brought in 77% of the revenue M-tron Industries, Inc. broke down this way in fiscal 2025.
Regions by year
| Regions | 2024 | 2025 |
|---|---|---|
| United States | $38.0M | $41.8M |
| MY | $4.7M | $6.1M |
| All Other Foreign Countries | $2.8M | $3.2M |
| AUMember | $2.4M | $2.8M |
| GR | $1.2M | $537.0K |
Where the money goes
Where each dollar of revenue went, fiscal 2025
- Research and development6¢$3.2M
- Other costs74¢$40.3M
- Income tax5¢$2.5M
- Profit16¢$8.4M
Out of $54.4M in revenue.5
Where each dollar of operating cash went, fiscal 2025
- Capital spending24¢$2.6M
- Kept or used elsewhere76¢$8.1M
Out of $10.7M of cash from operations.5
Financial statements
Every line of the income statement as filed: the last 2 fiscal years (annual) or 8 quarters (quarterly), latest first.5
| Period ending | 2025-12-31 | 2024-12-31 |
|---|---|---|
| Revenues | $54.4M | $49.0M |
| Manufacturing cost of sales | $30.3M | $26.4M |
| Engineering, selling and administrative | $13.9M | $13.2M |
| Total costs and expenses | $44.1M | $39.6M |
| Operating income | $10.3M | $9.4M |
| Interest income, net | $539.0K | $243.0K |
| Other income, net | $124.0K | $138.0K |
| Total other income, net | $663.0K | $381.0K |
| Income before income taxes | $11.0M | $9.8M |
| Income tax provision | $2.5M | $2.1M |
| Net income | $8.4M | $7.6M |
| Basic (in dollars per share) | $2.94 | $2.78 |
| Diluted (in dollars per share) | $2.62 | $2.65 |
| Basic (in shares) | 2.9M shares | 2.7M shares |
| Diluted (in shares) | 3.2M shares | 2.9M shares |
| Period ending | 2025-12-31 | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-12-31 | 2024-09-30 | 2024-06-30 | 2024-03-31 |
|---|---|---|---|---|---|---|---|---|
| Revenues | $14.2M | $14.2M | $13.3M | $12.7M | $12.8M | $13.2M | $11.8M | $11.2M |
| Manufacturing cost of sales | $7.6M | $7.9M | $7.5M | $7.3M | $6.8M | $6.9M | $6.3M | $6.4M |
| Engineering, selling and administrative | $2.8M | $3.7M | $3.9M | $3.4M | $3.5M | $3.4M | $3.4M | $3.0M |
| Total costs and expenses | $10.3M | $11.6M | $11.4M | $10.7M | $10.2M | $10.3M | $9.7M | $9.4M |
| Operating income | $3.9M | $2.5M | $1.8M | $2.0M | $2.6M | $2.9M | $2.1M | $1.8M |
| Interest income, net | $161.0K | $143.0K | $124.0K | $111.0K | $104.0K | $63.0K | $44.0K | $32.0K |
| Other income, net | $37.0K | $70.0K | $27.0K | -$10.0K | $77.0K | $24.0K | -$5.0K | $42.0K |
| Total other income, net | $198.0K | $213.0K | $151.0K | $101.0K | $181.0K | $87.0K | $39.0K | $74.0K |
| Income before income taxes | $4.1M | $2.8M | $2.0M | $2.1M | $2.8M | $3.0M | $2.1M | $1.9M |
| Income tax provision | $657.0K | $931.0K | $435.0K | $484.0K | $619.0K | $741.0K | $402.0K | $377.0K |
| Net income | $3.4M | $1.8M | $1.6M | $1.6M | $2.1M | $2.3M | $1.7M | $1.5M |
| Basic (in dollars per share) | $1.16 | $0.64 | $0.55 | $0.57 | $0.76 | $0.82 | $0.64 | $0.55 |
| Diluted (in dollars per share) | $0.99 | $0.63 | $0.53 | $0.56 | $0.73 | $0.81 | $0.63 | $0.53 |
| Basic (in shares) | 2.9M shares | 2.9M shares | 2.9M shares | 2.8M shares | 2.8M shares | 2.8M shares | 2.7M shares | 2.7M shares |
| Diluted (in shares) | 3.4M shares | 2.9M shares | 2.9M shares | 2.9M shares | 2.9M shares | 2.8M shares | 2.8M shares | 2.8M shares |
Every line of the balance sheet as filed: the last 4 fiscal years (annual) or 4 quarters (quarterly), latest first.5
| Period ending | 2025-12-31 | 2025-04-30 | 2024-12-31 | 2023-12-31 |
|---|---|---|---|---|
| Cash and cash equivalents | $20.9M | $12.6M | ||
| Accounts receivable, net of allowances of $204 and $182, respectively | $6.7M | $6.8M | ||
| Inventories, net | $9.7M | $9.5M | ||
| Prepaid expenses and other current assets | $1.7M | $760.0K | ||
| Warrant exercise receivable | $22.3M | $0 | ||
| Total current assets | $61.2M | $29.8M | ||
| Property, plant and equipment, net | $6.5M | $5.1M | ||
| Right-of-use lease asset | $217.0K | $9.0K | ||
| Intangible assets, net | $40.0K | $40.0K | ||
| Deferred income tax asset | $272.0K | $1.7M | ||
| Other assets | $123.0K | $3.0K | ||
| Total assets | $68.4M | $36.6M | ||
| Accounts payable | $1.8M | $1.4M | ||
| Accrued compensation and commissions expense | $1.4M | $3.2M | ||
| Other Accrued Liabilities, Current | $1.4M | $500.0K | ||
| Income taxes payable | $294.0K | $58.0K | ||
| Total current liabilities | $4.9M | $5.2M | ||
| Long-term lease liability | $148.0K | $0 | ||
| Deferred income tax liability | $129.0K | $72.0K | ||
| Total liabilities | $5.2M | $5.3M | ||
| Preferred stock ($0.01 par value; 5,000,000 shares authorized, none issued) | $0 | $0 | ||
| Common stock ($0.01 par value; 25,000,000 shares authorized; 3,405,210 issued and outstanding as of 2025; 2,911,165 shares issued and outstanding as of 2024) | $34.0K | $28.0K | ||
| Additional paid-in capital | $43.4M | $19.9M | ||
| Retained earnings | $19.8M | $11.3M | ||
| Total stockholders' equity | $63.2M | $31.3M | $19.9M | |
| Total liabilities and stockholders' equity | $68.4M | $36.6M | ||
| Accounts receivable, reserves | $204.0K | $182.0K | ||
| Preferred stock, par value (in dollars per share) | $0.01 | $0.01 | ||
| Preferred stock, shares authorized (in shares) | 5.0M shares | 5.0M shares | ||
| Preferred stock, shares issued (in shares) | 0 shares | 0 shares | ||
| Common stock, par value (in dollars per share) | $0.01 | $0.01 | $0.01 | |
| Common stock, shares authorized (in shares) | 25.0M shares | 25.0M shares | ||
| Common stock, shares issued (in shares) | 3.4M shares | 2.9M shares | ||
| Common stock, shares outstanding (in shares) | 3.4M shares | 2.9M shares |
| Period ending | 2025-12-31 | 2025-04-30 | 2024-12-31 | 2023-12-31 |
|---|---|---|---|---|
| Cash and cash equivalents | $20.9M | $12.6M | ||
| Accounts receivable, net of allowances of $204 and $182, respectively | $6.7M | $6.8M | ||
| Inventories, net | $9.7M | $9.5M | ||
| Prepaid expenses and other current assets | $1.7M | $760.0K | ||
| Warrant exercise receivable | $22.3M | $0 | ||
| Total current assets | $61.2M | $29.8M | ||
| Property, plant and equipment, net | $6.5M | $5.1M | ||
| Right-of-use lease asset | $217.0K | $9.0K | ||
| Intangible assets, net | $40.0K | $40.0K | ||
| Deferred income tax asset | $272.0K | $1.7M | ||
| Other assets | $123.0K | $3.0K | ||
| Total assets | $68.4M | $36.6M | ||
| Accounts payable | $1.8M | $1.4M | ||
| Accrued compensation and commissions expense | $1.4M | $3.2M | ||
| Other Accrued Liabilities, Current | $1.4M | $500.0K | ||
| Income taxes payable | $294.0K | $58.0K | ||
| Total current liabilities | $4.9M | $5.2M | ||
| Long-term lease liability | $148.0K | $0 | ||
| Deferred income tax liability | $129.0K | $72.0K | ||
| Total liabilities | $5.2M | $5.3M | ||
| Preferred stock ($0.01 par value; 5,000,000 shares authorized, none issued) | $0 | $0 | ||
| Common stock ($0.01 par value; 25,000,000 shares authorized; 3,405,210 issued and outstanding as of 2025; 2,911,165 shares issued and outstanding as of 2024) | $34.0K | $28.0K | ||
| Additional paid-in capital | $43.4M | $19.9M | ||
| Retained earnings | $19.8M | $11.3M | ||
| Total stockholders' equity | $63.2M | $31.3M | $19.9M | |
| Total liabilities and stockholders' equity | $68.4M | $36.6M | ||
| Accounts receivable, reserves | $204.0K | $182.0K | ||
| Preferred stock, par value (in dollars per share) | $0.01 | $0.01 | ||
| Preferred stock, shares authorized (in shares) | 5.0M shares | 5.0M shares | ||
| Preferred stock, shares issued (in shares) | 0 shares | 0 shares | ||
| Common stock, par value (in dollars per share) | $0.01 | $0.01 | $0.01 | |
| Common stock, shares authorized (in shares) | 25.0M shares | 25.0M shares | ||
| Common stock, shares issued (in shares) | 3.4M shares | 2.9M shares | ||
| Common stock, shares outstanding (in shares) | 3.4M shares | 2.9M shares |
Cash flow is reported year to date, not quarter by quarter, so there are no separate quarterly figures.
Every line of the cash flow as filed: the last 2 fiscal years, latest first.5
| Period ending | 2025-12-31 | 2024-12-31 |
|---|---|---|
| Net income | $8.4M | $7.6M |
| Depreciation | $1.1M | $968.0K |
| Amortization of finite-lived intangible assets | $0 | $5.0K |
| Stock-based compensation expense | $1.1M | $636.0K |
| Unrealized foreign currency loss | $69.0K | $5.0K |
| Gain on disposal of fixed assets | -$42.0K | $0 |
| Deferred income tax provision | $1.5M | $212.0K |
| Decrease (increase) in accounts receivable, net | $186.0K | -$2.0M |
| Increase in inventories, net | -$164.0K | -$625.0K |
| Increase in prepaid expenses and other assets | -$1.2M | -$165.0K |
| (Decrease) Increase in accounts payable, accrued compensation, commissions, income taxes and other | -$328.0K | $889.0K |
| Total adjustments | $2.2M | -$115.0K |
| Net cash provided by operating activities | $10.7M | $7.5M |
| Capital expenditures | -$2.6M | -$1.9M |
| Net cash used in investing activities | -$2.6M | -$1.9M |
| Proceeds from exercise of stock options | $532.0K | $3.1M |
| Warrant-related costs | -$318.0K | $0 |
| Debt issuance costs | -$72.0K | $0 |
| Net cash provided by financing activities | $142.0K | $3.1M |
| Increase in cash and cash equivalents | $8.2M | $8.7M |
| Proceeds from disposal of fixed assets | $54.0K | $0 |
| Proceeds from exercise of warrants receivable at period end, net of costs | $22.2M | $0 |
| Cash paid for taxes | $1.0M | $2.4M |
| Cash paid for interest | $9.0K | $8.0K |
No quarter-by-quarter statement was filed.
Leadership
Who has led M-tron Industries, Inc., and when. Pick a name to see everywhere that person has worked.
Chief executive
President
Chief financial officer
2025
- Chief executive officerCameron Pforr Dec 30, 2025 to now11
- Chief executive officerMichael J. Ferrantino Jr. Oct 12, 2022 to Dec 13, 202312
- PresidentWilliam Arnold Drafts Oct 12, 2022 to now13
- Chief financial officerCameron Pforr Apr 4, 2025 to now14
- Chief financial officerJames William Tivy Oct 12, 2022 to Nov 20, 202315
Board members and other officers (8)
- VP, ControllerLinda M. Biles Oct 12, 2022 to now16
- Board memberMichael J. Ferrantino Jr. Oct 12, 2022 to Dec 13, 202312
- Board memberBel Lazar Oct 13, 2022 to now17
- Board memberMarc Gabelli Oct 14, 2022 to now18
- Board memberHendi Susanto Oct 17, 2022 to now19
- Board memberRobert Lapenta V. Jr. Oct 17, 2022 to now20
- Board memberJohn S. Mega Oct 19, 2022 to now21
- Board memberIvan Arteaga Dec 15, 2022 to now22
Timeline
Filings
282 filings to the SEC since October 2021: 5 annual reports, 12 quarterly reports, 58 major events, 138 insider forms, 22 large holders, 47 other. The latest 20:
- Sep 23, 2026S-8 EDGAR
- Aug 31, 20268-K EDGAR
- Aug 19, 20264 EDGAR
- Aug 14, 2026SCHEDULE 13G EDGAR
- Aug 12, 202610-Q EDGAR
- Aug 12, 20268-K EDGAR
- Aug 11, 2026144 EDGAR
- Aug 5, 20264 EDGAR
- Aug 5, 20264 EDGAR
- Aug 5, 20264 EDGAR
- Aug 3, 2026SCHEDULE 13G/A EDGAR
- Jul 29, 2026SCHEDULE 13G/A EDGAR
- Jun 18, 20268-K EDGAR
- Jun 1, 2026SD EDGAR
- May 14, 20268-K EDGAR
- May 14, 2026SCHEDULE 13G EDGAR
- May 13, 202610-Q EDGAR
- May 13, 202615-12G EDGAR
- May 13, 2026ARS EDGAR
- May 8, 20268-K EDGAR
The 282 filings since October 2021 can be filtered by form type and year here when JavaScript is on.
Every filing from the last five years, summarized. The full record is on SEC EDGAR.
Insider trades
44 open-market trades by officers, directors and large owners since October 2021: 4 buys and 40 sales. Grants, option exercises and gifts are left out.
| Date | Who | Trade | Shares | Price | Value | Filing |
|---|---|---|---|---|---|---|
| Aug 11, 2026 | Biles Linda MExecutive VP - Finance | Sale | 1,218 | $85.05 | $103.6K | Form 4 |
| May 4, 2026 | Drafts William ArnoldPresident | Sale | 361 | $66.78 | $24.1K | Form 4 |
| May 4, 2026 | Pforr CameronCEO and CFO | Sale | 840 | $66.78 | $56.1K | Form 4 |
| May 4, 2026 | Biles Linda MExecutive VP - Finance | Sale | 306 | $66.78 | $20.4K | Form 4 |
| Apr 14, 2026 | Biles Linda MExecutive VP - Finance | Sale | 720 | Form 4 | ||
| Jun 27, 2025 | Drafts William ArnoldPresident | Buy | 1,000 | $40.50 | $40.5K | Form 4 |
| Nov 14, 2024 | GABELLI MARIO J10% owner | Sale | 7,500 | $60.11 | $450.8K | Form 4 |
| Nov 13, 2024 | GABELLI MARIO J10% owner | Sale | 1,500 | $52.58 | $78.9K | Form 4 |
| Oct 14, 2024 | Arteaga IvanDirector | Sale | 1,600 | $50.67 | $81.1K | Form 4 |
| Oct 11, 2024 | Arteaga IvanDirector | Sale | 400 | $49.41 | $19.8K | Form 4 |
| Sep 30, 2024 | GABELLI MARIO J10% owner | Sale | 171 | $41.60 | $7.1K | Form 4 |
| Sep 9, 2024 | GABELLI MARIO J10% owner | Sale | 800 | $33.49 | $26.8K | Form 4 |
| Jun 25, 2024 | GABELLI MARIO J10% owner | Sale | 200 | $33.38 | $6.7K | Form 4 |
| Jun 24, 2024 | GABELLI MARIO J10% owner | Sale | 700 | $31.85 | $22.3K | Form 4 |
| Jun 13, 2024 | GABELLI MARIO J10% owner | Sale | 500 | $35.70 | $17.9K | Form 4 |
| Apr 9, 2024 | GABELLI MARIO J10% owner | Sale | 500 | $26.55 | $13.3K | Form 4 |
| Jan 10, 2024 | Drafts William ArnoldPresident | Sale | 4,710 | $40.50 | $190.8K | Form 4 |
| Jan 10, 2024 | EMG MADONNA EDUCATIONAL FOUNDATION INC.Director | Sale | 29,044 | $39.99 | $1.2M | Form 4 |
| Jan 9, 2024 | Drafts William ArnoldPresident | Sale | 5,000 | $40.00 | $200.0K | Form 4 |
| Jan 5, 2024 | EMG MADONNA EDUCATIONAL FOUNDATION INC.Director | Sale | 27,368 | $34.85 | $953.8K | Form 4 |
All 44 trades can be filtered by person here when JavaScript is on.
From Forms 4 filed with the SEC.
Major holders
Investors who own more than 5% of the shares must tell the SEC: a 13D if they may seek to influence the company, a 13G if they hold passively.
- T. Rowe Price Investment Management, Inc.SCHEDULE 13G, 1 filing Aug 14, 202623
- Bank of AmericaSCHEDULE 13G/A, 2 filings May 14, 2026 to Aug 3, 202624
- BlackRockSCHEDULE 13G/A, 2 filings Apr 27, 2026 to Jul 29, 202625
- GAMCO InvestorsSCHEDULE 13D/A, 11 filings Oct 14, 2022 to Mar 27, 202626
- Marc GabelliSC 13D/A, 6 filings Dec 5, 2023 to Jan 16, 202427
Held by these funds
The largest holders among investment managers' 13F reports for the quarter ending Jun 30, 2026, the top 25 of 100. Change is in shares since the quarter before.
13F reports cover disclosed long positions in U.S. stocks only.
Sources
The numbers on this page point here. Each one links to the record it came from.
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- 13SEC EDGARWilliam Arnold Drafts, President
- 14
- 15
- 16SEC EDGARLinda M. Biles, VP, Controller
- 17SEC EDGARBel Lazar, Board member
- 18SEC EDGARMarc Gabelli, Board member
- 19SEC EDGARHendi Susanto, Board member
- 20SEC EDGARRobert Lapenta V. Jr., Board member
- 21SEC EDGARJohn S. Mega, Board member
- 22SEC EDGARIvan Arteaga, Board member
- 23
- 24
- 25
- 26
- 27