Private company

TESSCO TECHNOLOGIES INC

American wholesale-electronic parts and equipment company based in Hunt Valley.

Last updated Oct 18, 2026.

Overview

$452.1MRevenue, fiscal 20232
-$4.3MNet income, fiscal 20232
  • IndustryWholesale-Electronic Parts & Equipment, NEC
  • HeadquartersHunt Valley, United States
  • Incorporated inDE3
  • Business address11126 Mccormick Road, Hunt Valley, Md 210313
  • Filer categoryNon-accelerated filer, Smaller reporting company3

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Financials

From the company’s reports to the SEC. Every number links to the filing it came from.

Key numbers, fiscal 2023

20.1%Gross margin2
-0.5%Operating margin2
-1.0%Net margin2
8.3%Revenue growth, 20232
-5.9%Return on equity2
-$27.7MFree cash flow2

Where the money goes

Where each dollar of revenue went, fiscal 2023

  • Cost of revenue79¢$361.0M
  • Selling, general and admin21¢$93.2M
  • Income tax0¢$5.8K

Out of $452.1M in revenue.2 The company lost money this year.

Financial statements

Revenue456782$452.1M in 2023−15% since 2016
0$200.0M$400.0M$600.0M2016: $530.7M$530.7M20162017: $533.3M$533.3M2017+0%2018: $580.3M$580.3M2018+9%2019: $419.0M$419.0M2019−28%2020: $409.0M$409.0M2020−2%2021: $373.3M$373.3M2021−9%2022: $417.5M$417.5M2022+12%2023: $452.1M$452.1M2023+8%
Gross profit456782$91.1M in 2023−19% since 2016
0$50.0M$100.0M$150.0M2016: $112.0M$112.0M20162017: $111.8M$111.8M2017−0%2018: $120.2M$120.2M2018+8%2019: $84.4M$84.4M2019−30%2020: $79.6M$79.6M2020−6%2021: $67.7M$67.7M2021−15%2022: $78.0M$78.0M2022+15%2023: $91.1M$91.1M2023+17%
Operating income456782-$2.1M in 2023
-$30.0M-$20.0M-$10.0M0$10.0M2016: $9.0M$9.0M20162017: $2.5M$2.5M2017−72%2018: $7.9M$7.9M2018+210%2019: -$10.9M-$10.9M20192020: -$22.0M-$22.0M2020+101%2021: -$17.8M-$17.8M2021−19%2022: -$3.5M-$3.5M2022−80%2023: -$2.1M-$2.1M2023−40%
Net income456782-$4.3M in 2023
-$30.0M-$20.0M-$10.0M0$10.0M2016: $5.3M$5.3M20162017: $1.4M$1.4M2017−73%2018: $5.2M$5.2M2018+260%2019: $5.5M$5.5M2019+7%2020: -$21.6M-$21.6M20202021: -$8.7M-$8.7M2021−59%2022: -$2.7M-$2.7M2022−69%2023: -$4.3M-$4.3M2023+61%
Fiscal year20162017201820192020202120222023
Revenue$530.7M4$533.3M5$580.3M6$419.0M7$409.0M8$373.3M2$417.5M2$452.1M2
Cost of revenue$418.7M4$421.5M4$460.0M6$334.6M7$329.4M8$305.6M2$339.5M2$361.0M2
Gross profit$112.0M4$111.8M5$120.2M6$84.4M7$79.6M8$67.7M2$78.0M2$91.1M2
Selling, general and admin$102.9M4$108.4M5$112.3M6$95.3M7$92.0M8$85.5M2$81.5M2$93.2M2
Operating income$9.0M4$2.5M5$7.9M6-$10.9M7-$22.0M8-$17.8M2-$3.5M2-$2.1M2
Income tax$3.5M4$1.0M5$2.3M6-$2.9M7-$7.5M8-$3.8M2-$1.1M2$5.8K2
Net income$5.3M4$1.4M5$5.2M6$5.5M7-$21.6M8-$8.7M2-$2.7M2-$4.3M2
Earnings per share$0.654$0.175$0.626$0.667-$2.538-$1.012-$0.302-$0.472
Earnings per share (diluted)$0.654$0.175$0.616$0.657-$2.538-$1.012-$0.302-$0.472

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Leadership

Who has led TESSCO TECHNOLOGIES INC, and when. Pick a name to see everywhere that person has worked.

Chief executive

  1. Robert B. Barnhill Jr.2006–2016
  2. Murray N. Wright2016–2019
  3. Sandip Mukerjee2019–2023

President

  1. Robert B. Barnhill Jr.2006–2016
  2. Murray N. Wright2016–2019
  3. Sandip Mukerjee2019–2023

Chief financial officer

  1. Aric Spitulnik2014–2023
2010201520202025
Board members and other officers (33)

Timeline

  1. Aug 22, 2019New chief executive Sandip Mukerjee becomes CEO14
  2. Sep 6, 2016New chief executive Murray N. Wright becomes CEO15
  3. May 8, 2006New chief executive Robert B. Barnhill Jr. becomes CEO16

Filings

104 filings to the SEC since October 2021: 3 annual reports, 5 quarterly reports, 19 major events, 40 insider forms, 18 large holders, 19 other. The latest 20:

  1. Feb 1, 2024SC 13G/A TIETON CAPITAL MANAGEMENT 13G/A EDGAR
  2. Jul 27, 202315-12G EDGAR
  3. Jul 19, 20234 EDGAR
  4. Jul 19, 20234 EDGAR
  5. Jul 19, 20234 EDGAR
  6. Jul 19, 20234 EDGAR
  7. Jul 19, 20234 EDGAR
  8. Jul 19, 20234 EDGAR
  9. Jul 19, 20234 EDGAR
  10. Jul 19, 20234 EDGAR
  11. Jul 19, 20234 EDGAR
  12. Jul 19, 20234 EDGAR
  13. Jul 19, 2023S-8 POS EDGAR
  14. Jul 19, 2023S-8 POS EDGAR
  15. Jul 19, 2023S-8 POS EDGAR
  16. Jul 19, 2023S-8 POS EDGAR
  17. Jul 19, 2023S-8 POS EDGAR
  18. Jul 19, 2023S-8 POS EDGAR
  19. Jul 19, 2023S-8 POS EDGAR
  20. Jul 18, 20238-K EDGAR

The 104 filings since October 2021 can be filtered by form type and year here when JavaScript is on.

Every filing from the last three years, summarized. The full record is on SEC EDGAR.

Insider trades and holders

Large holders

Investors who own more than 5% must tell the SEC: a 13D if they may seek to influence the company, a 13G if they hold passively. 18 such filings since October 2021, the latest 10:

  1. Feb 1, 2024SC 13G/A
  2. Jun 23, 2023SC 13G
  3. Apr 20, 2023SC 13D/A
  4. Apr 13, 2023SC 13D/A
  5. Feb 14, 2023SC 13G/A
  6. Jan 25, 2023SC 13G
  7. Jun 8, 2022SC 13G/A
  8. Jun 1, 2022SC 13D/A
  9. May 31, 2022SC 13G
  10. Feb 23, 2022SC 13G/A

From Forms 4 and Schedules 13D and 13G filed with the SEC.

Sources

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