Orbit International Q4 sales fall, net loss widens on weak bookings, contract delays

Orbit International

18/03/2026 12:54

Overview

US electronics maker's Q4 sales and gross margin declined, net loss widened year-over-year

Full-year 2025 results hurt by supply chain delays, contract timing, and higher legal costs

Year-end backlog rose 1.7% to $12.2 mln despite contract delays

Outlook

Orbit International says improved bookings from OPG and SPS have continued into 2026

Company says SPS has proposed about $5 mln in new and follow-on business since Jan 1, 2026

Orbit International expects a portion of $4.75 mln in outstanding proposals to be awarded in H1 2026, but timing is uncertain

Result Drivers

SUPPLY CHAIN DELAYS - Co said a supply chain issue delayed $1.4 mln in shipments, preventing revenue recognition in 2025

LOWER BOOKINGS AND CONTRACT DELAYS - Co said weak bookings in late 2024 and 2025, mainly due to contract delays, reduced deliveries and sales in 2025

HIGHER LEGAL AND ONE-TIME COSTS - Co said legal fees and several one-time charges, including costs related to its SPS subsidiary, hurt Q4 results

Company press release: ID:nGNX1BtY8S

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q4 Sales
$6.73 mln
Q4 EPS
-$0.21
Q4 Net Income
-$708,000
Q4 Gross Margin
28.60%
Q4 Basic EPS
-$0.21
Q4 Gross Profit
$1.92 mln
Q4 Pretax Profit
-$703,000


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(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)