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NASDAQ · ELECTRONIC COMPONENTS, NEC · SMALL CAP

Nortech Systems Inc. NSYS

16 fiscal years on record · USD · FY2025 reported · SEC filings only
$118.4M
▼ 7.6% YoY
$-252,000
$2.1M

Slide the table for earlier years · "·" marks a figure not available in our data for that year.

In brief

What this company does

Nortech Systems Incorporated provides engineering design and manufacturing solutions for complex electromedical devices, electromechanical systems, assemblies and components. As of December 31, 2025, it had 685 full-time and 28 part-time/temporary employees, none of which are covered by union agreements. The Company operates in the Medical Device, Medical Imaging, Aerospace and Defense, and Industrial markets, with over 50% of its net sales coming from the medical-related markets. Substantially all of its operations fall under the Contract Manufacturing segment within the Electronic Manufacturing Services (EMS) industry. The company maintains facilities and operations in Minnesota in the United States, Monterrey, Mexico, and Suzhou, China. Nortech Systems Incorporated is headquartered in Maple Grove, Minnesota, a suburb of Minneapolis, Minnesota. Nortech Systems Incorporated was organized in 1990.

Written from the business description in NORTECH SYSTEMS INCORPORATED's annual report to the U.S. Securities and Exchange Commission, filed 26 March 2026. Every sentence was checked against that document before publication.

Growth

USD 118.4M
Revenue, FY2025 · full 16-year series below
Revenue $M Net income $M
FY2025 · Revenue 118.4 · Net income -0.3
50M100M
201020132016201920222025
Compound annual growth
−4.1%
+2.6%
+0.3%
+1.1%
3 yrs
5 yrs
10 yrs
15 yrs

Revenue compounded at +2.6% a year over the five years to FY2025.

Compound annual rates per period — left blank where that exact year isn't on file, the series crosses a loss, or (per-share rows) a split falls inside the window.

Profitability

−0 cents
lost on every revenue dollar
Operating margin Net margin
FY2025 · Operating 0.8% · Net -0.2%
2%4%6%-1%-2%
201020172025
ROE
FY2025 · ROE -0.7%
10%20%30%-5%-10%
201020172025
Three returns, three denominators.

Each USD of equity lost 1 cents this year.

Cash & shareholders

·
returned in FY2025 · dividends + net buybacks
Free cash flow $M
FY2025 · FCF 2.1
1.5M3.0M-2.5M-5.0M
201020172025
Net buybacks $ Dividends $
FY2019 · Dividends · · Net buybacks 123000.0
100000200000
201720182019

Total assetsUSD 71.9M
EquityUSD 34.5M
CashUSD 1.7M
Current ratio1.88×

Equity funds 48% of total assets.

The 16-year record

16 fiscal years
Every figure from documents filed with the SEC · USD
row low → row highnegative—not applicable◌not available in our data
NSYS, 16-year financial record
Metric 2025202420232022202120202019201820172016201520142013201220112010
Revenue $B0.10.10.10.10.10.10.10.10.10.10.10.10.10.10.10.1
Operating income $B0.0−0.00.00.00.0−0.00.00.0−0.00.0−0.00.00.00.00.00.0
EBITDA $B0.00.00.00.00.00.00.00.00.00.00.00.00.00.00.00.0
Income tax $B0.00.0−0.00.00.00.00.00.00.00.0−0.00.00.00.00.00.0
Net income $B−0.0−0.00.00.00.0−0.0−0.00.0−0.00.0−0.00.00.00.00.00.0
Free cash flow $B0.0−0.00.00.0−0.00.00.00.0−0.00.00.0−0.00.00.0−0.00.0
EPS, diluted $−0.09−0.472.380.702.54−0.58−0.460.06−0.890.02−0.210.320.290.230.430.18
Dividend / sh $◌◌◌◌◌◌◌◌◌◌◌◌◌◌◌◌
Payout % — not applicable: no dividend————————————————
ROE %−0.7−3.721.77.431.9−8.0−6.00.8−11.60.2−2.53.93.73.06.02.6
Shares out B0.000.000.000.000.000.000.000.000.000.000.000.000.000.000.000.00

Slide the table for earlier years. "—" not applicable · "◌" not available in our data.

More in this sector

Other companies filing in the same sector

Provenance

Company facts, as filed

How we verify · 0 failures in 80 reconciliationsAUDITED

Reconciled in 16 of the 16 fiscal years we could check. Six checks were skipped: the balance sheet is not tagged before 2010. Three checks were skipped: EPS is not tagged before 2010. Three checks were skipped: revenue is not tagged before 2010.

EPS recomputationBalance-sheet identityGross profitBalance-sheet liquidityCurrency consistency0 failures
ActivityElectronic Components, NEC
Listed onNASDAQ
Incorporated inMinnesota
Fiscal year endsDecember 31
SEC categorysmaller reporting company
Data on record since2010

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