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 11/3030% below fair value
$10.92+0.21 (+1.96%)
Close on Nov 12, 2026Market cap $31.16MP/E 17.3Yield –
Nortech Systems r&d expenses
Research and development expenses are spending on new products and technology.
Nortech Systems's R&D Expenses for the twelve months ending Sep 30, 2026 was $1.20M, up 0.8% year over year. For fiscal 2025 it was $1.17M, down 1.6% from the year before. The highest annual figure on record is $1.46M in fiscal 2022.
Annual r&d expenses
| Period | Period end | Value | Change |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | $1.17M | -1.6% |
| FY2024 | Dec 31, 2024 | $1.19M | -0.7% |
| FY2023 | Dec 31, 2023 | $1.20M | -18.0% |
| FY2022 | Dec 31, 2022 | $1.46M | +202.9% |
| FY2021 | Dec 31, 2021 | $483.00K | – |
| FY2020 | Dec 31, 2020 | $0 | – |
Quarterly r&d expenses
Change is against the same quarter a year earlier.
| Period | Period end | Value | Change |
|---|---|---|---|
| Q3 FY2026 | Sep 30, 2026 | $267.00K | +0.4% |
| Q2 FY2026 | Jun 30, 2026 | $346.00K | +14.6% |
| Q1 FY2026 | Mar 31, 2026 | $310.00K | -4.9% |
| Q4 FY2025 | Dec 31, 2025 | $278.00K | -6.7% |
| Q3 FY2025 | Sep 30, 2025 | $266.00K | -6.3% |
| Q2 FY2025 | Jun 30, 2025 | $302.00K | +3.8% |
| Q1 FY2025 | Mar 31, 2025 | $326.00K | +2.5% |
| Q4 FY2024 | Dec 31, 2024 | $298.00K | +2.1% |
| Q3 FY2024 | Sep 30, 2024 | $284.00K | -9.6% |
| Q2 FY2024 | Jun 30, 2024 | $291.00K | -8.2% |
| Q1 FY2024 | Mar 31, 2024 | $318.00K | +15.2% |
| Q4 FY2023 | Dec 31, 2023 | $292.00K | -5.5% |
| Q3 FY2023 | Sep 30, 2023 | $314.00K | -33.9% |
| Q2 FY2023 | Jun 30, 2023 | $317.00K | -9.7% |
| Q1 FY2023 | Mar 31, 2023 | $276.00K | -15.9% |
| Q4 FY2022 | Dec 31, 2022 | $309.00K | +128.9% |
| Q3 FY2022 | Sep 30, 2022 | $475.00K | +236.9% |
| Q2 FY2022 | Jun 30, 2022 | $351.00K | +69.6% |
| Q1 FY2022 | Mar 31, 2022 | $328.00K | – |
| Q4 FY2021 | Dec 31, 2021 | $135.00K | – |
| Q3 FY2021 | Sep 30, 2021 | $141.00K | – |
| Q2 FY2021 | Jun 30, 2021 | $207.00K | – |
| Q1 FY2021 | Mar 31, 2021 | $0 | – |
| Q4 FY2020 | Dec 31, 2020 | $0 | – |
| Q3 FY2020 | Sep 30, 2020 | $0 | – |
| Q2 FY2020 | Jun 30, 2020 | $0 | – |
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