inTEST Corporation

inTEST Corporation reported revenue of $113.8 million for fiscal year 2025, generating gross profit of $48.9 million. However, the company recorded an operating loss of $3.7 million and a net loss of $2.5 million for the period. Despite the net loss, the company generated positive operating cash flow of $7.3 million. The balance sheet shows total assets of $151.3 million, with stockholders' equity of $103.6 million and total liabilities of $47.7 million. The company's cash position, including restricted cash, was $45.3 million at year-end. Key strategic developments included the acquisition of Alfamation S.p.A. in March 2024 for approximately $21.9 million, which expanded the company's presence in the Auto/EV, Life Sciences, and specialty consumer electronics markets.

Key Takeaways