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MARKETS / NASDAQ / NSYS
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
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
50M100M201020122014201620182020202220242025
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 five years.

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%201020122014201620182020202220242025
ROE
FY2025 · ROE -0.7%
10%20%30%-5%-10%201020122014201620182020202220242025

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
2M-2M-4M201020122014201620182020202220242025
Net buybacks $ Dividends $
FY2019 · Dividends — · Net buybacks 123000.0
100000200000201720182019

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
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 %················
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 · "·" marks a figure not available in our data for that year.

Provenance
Company facts, as filed
How we verify · 0 failures in 80 reconciliationsAUDITED

Reconciled in 16 of 19 fiscal years. 15 checks could not be computed.

EPS recomputationBalance-sheet identityGross profitBalance-sheet liquiditymoeda_consistente0 failures
ActivityElectronic Components, NEC
Listed onNASDAQ
Incorporated inMinnesota
Fiscal year endsDecember 31
SEC categorysmaller reporting company
Data on record since2010

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