Nortech Systems Inc (NSYS) stock
NSYSNasdaqElectronic Components, NECFiscal year ends December 31
Financials through Q3 FY2026, quarter ended Sep 30, 2026Last filing: 10-Q on Nov 12, 2026Score 11/3032% below fair value
$10.92+0.21 (+1.96%)
Close on Nov 12, 2026Market cap $31.16MP/E 17.3Yield –
Nortech Systems gross margin
Gross margin is gross profit as a percentage of revenue.
Nortech Systems's gross margin for the twelve months ending Sep 30, 2026 was 11.6%. For fiscal 2025 it was 147.4%, against 13.1% the year before. The highest annual figure on record is 172.0% in fiscal 2023.
Annual gross margin
| Period | Period end | Value | Change (pts) |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | 147.4% | +134.3 |
| FY2024 | Dec 31, 2024 | 13.1% | −159.0 |
| FY2023 | Dec 31, 2023 | 172.0% | +156.8 |
| FY2022 | Dec 31, 2022 | 15.3% | +1.5 |
| FY2021 | Dec 31, 2021 | 13.8% | +4.5 |
| FY2020 | Dec 31, 2020 | 9.3% | −1.5 |
| FY2019 | Dec 31, 2019 | 10.8% | −0.9 |
| FY2018 | Dec 31, 2018 | 11.7% | +1.0 |
| FY2017 | Dec 31, 2017 | 10.8% | −1.1 |
| FY2016 | Dec 31, 2016 | 11.9% | +1.4 |
| FY2015 | Dec 31, 2015 | 10.5% | −1.4 |
| FY2014 | Dec 31, 2014 | 11.9% | +0.1 |
| FY2013 | Dec 31, 2013 | 11.8% | +0.2 |
| FY2012 | Dec 31, 2012 | 11.6% | −0.1 |
| FY2011 | Dec 31, 2011 | 11.7% | +0.2 |
| FY2010 | Dec 31, 2010 | 11.5% | – |
Quarterly gross margin
Change is against the same quarter a year earlier.
| Period | Period end | Value | Change (pts) |
|---|---|---|---|
| Q3 FY2026 | Sep 30, 2026 | 17.8% | +1.3 |
| Q2 FY2026 | Jun 30, 2026 | 17.0% | +1.2 |
| Q1 FY2026 | Mar 31, 2026 | 39.9% | +28.4 |
| Q4 FY2025 | Dec 31, 2025 | 4.8% | −5.1 |
| Q3 FY2025 | Sep 30, 2025 | 16.5% | +4.3 |
| Q2 FY2025 | Jun 30, 2025 | 15.8% | +2.1 |
| Q1 FY2025 | Mar 31, 2025 | 11.4% | −4.5 |
| Q4 FY2024 | Dec 31, 2024 | 9.9% | −9.1 |
| Q3 FY2024 | Sep 30, 2024 | 12.2% | −3.7 |
| Q2 FY2024 | Jun 30, 2024 | 13.6% | −2.0 |
| Q1 FY2024 | Mar 31, 2024 | 15.9% | +0.2 |
| Q4 FY2023 | Dec 31, 2023 | 18.9% | +4.6 |
| Q3 FY2023 | Sep 30, 2023 | 15.9% | −2.0 |
| Q2 FY2023 | Jun 30, 2023 | 15.6% | +0.2 |
| Q1 FY2023 | Mar 31, 2023 | 15.7% | +2.6 |
| Q4 FY2022 | Dec 31, 2022 | 14.3% | +6.3 |
| Q3 FY2022 | Sep 30, 2022 | 17.9% | −9.4 |
| Q2 FY2022 | Jun 30, 2022 | 15.4% | +3.5 |
| Q1 FY2022 | Mar 31, 2022 | 13.2% | +6.1 |
| Q4 FY2021 | Dec 31, 2021 | 8.0% | +0.7 |
| Q3 FY2021 | Sep 30, 2021 | 27.3% | +19.9 |
| Q2 FY2021 | Jun 30, 2021 | 11.9% | +1.6 |
| Q1 FY2021 | Mar 31, 2021 | 7.1% | −3.9 |
| Q4 FY2020 | Dec 31, 2020 | 7.3% | −4.6 |
| Q3 FY2020 | Sep 30, 2020 | 7.4% | −4.7 |
| Q2 FY2020 | Jun 30, 2020 | 10.3% | +1.8 |
| Q1 FY2020 | Mar 31, 2020 | 11.0% | +0.4 |
| Q4 FY2019 | Dec 31, 2019 | 11.9% | +1.2 |
| Q3 FY2019 | Sep 30, 2019 | 12.1% | +0.6 |
| Q2 FY2019 | Jun 30, 2019 | 8.5% | −4.9 |
| Q1 FY2019 | Mar 31, 2019 | 10.5% | −0.9 |
| Q4 FY2018 | Dec 31, 2018 | 10.7% | +2.3 |
| Q3 FY2018 | Sep 30, 2018 | 11.5% | −1.0 |
| Q2 FY2018 | Jun 30, 2018 | 13.4% | +2.2 |
| Q1 FY2018 | Mar 31, 2018 | 11.4% | +0.5 |
| Q4 FY2017 | Dec 31, 2017 | 8.4% | −3.9 |
| Q3 FY2017 | Sep 30, 2017 | 12.4% | – |
| Q2 FY2017 | Jun 30, 2017 | 11.2% | – |
| Q1 FY2017 | Mar 31, 2017 | 10.9% | – |
| Q4 FY2016 | Dec 31, 2016 | 12.2% | – |
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