IEH Corporation Filed Form 10-Q for Fiscal Quarter Ended September 30, 2026
Key Highlights
- ➤Revenue $10.7M, up 51% year over year
- ➤Operating profit $1,046,496 versus prior-year $104,380 loss
- ➤Net income $1,363,414 versus prior-year $26,861 loss
- ➤Backlog exceeds $56M, up 40% from fiscal first quarter
- ➤Basic EPS $0.55 versus prior-year $0.01 loss
Expert Statements
Dave Offerman, President and CEO of IEH Corporation
“As great as this year's first quarter was, the second quarter exceeded it by every measure. The first quarter's record revenue of $10 million was eclipsed by this quarter's $10.7 million. Similarly, our operating profit increased 57%, and our net income and earnings per share both more than doubled. We shattered our previous backlog record by 40%, and we continue to hire and add capacity and equipment to meet the surge in demand in the defense, commercial aerospace, space and medical markets we serve. Even with an upcoming change in control of Congress following the midterm elections, we do not anticipate substantial changes in the procurement activity in the defense programs we support, as the munitions shortages that precipitated current spending levels remain. The second half of this fiscal year looks incredibly strong, as does our forecast for Fiscal 2028 and beyond. We look forward to sharing more positive developments in the coming quarters. On behalf of the management team and staff of IEH, we again wish to express our sincere gratitude for the support of our valued shareholders.”
BROOKLYN, NY / ACCESS Newswire / November 12, 2026 / IEH Corporation (OTCQX:IEHC) today filed with the Securities and Exchange Commission (SEC) its quarterly report on Form 10-Q for the 2(nd) quarter of Fiscal Year 2027, which ended September 30, 2026.
Highlights include: * Revenue of $10.7M, an increase of 51% as compared to the second quarter of Fiscal Year 2026 * An Operating Profit of $1,046,496, an improvement of $1,150,876 compared to the second quarter of Fiscal Year 2026 * Net Income margin 12.7% * A backlog now exceeding $56M, the highest in Company history, and a 40% increase over this fiscal year's first quarter For the quarter ended September 30, 2026, IEH had revenues of $10,700,084 as compared to $7,077,592 for the quarter ended September 30, 2025, reflecting a 51% increase; an operating profit of $1,046,496 for 2(nd) quarter fiscal year 2027 as compared to an operating loss of $104,380 for 2(nd) quarter fiscal year 2026; net income of $1,363,414 for 2(nd) quarter fiscal year 2027 as compared to a net loss of $26,861 for 2(nd) quarter fiscal year 2026; and a basic gain per share of $.55 for 2(nd) quarter fiscal year 2027 as compared to a basic loss per share of $.01 for 2(nd) quarter fiscal year 2026.
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