# Nortech Systems Inc: overview

NSYS · Nasdaq · CIK 722313 · [Technology](/sectors/technology.md) · fiscal year ends Dec 31

Pages: [Overview](/companies/nsys.md) · [Financials](/companies/nsys/financials.md) · [Filings](/companies/nsys/filings.md) · [Insiders](/companies/nsys/insiders.md)

Latest reported revenue: [$33.5m](/filings/0001493152-26-037344.md) for Q2 FY2026, three months to 2026-06-30, from the 10-Q filed Aug 12, 2026 (XBRL us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax, accession 0001493152-26-037344).

## Last eight quarters

| Line item | Unit | Q3 FY2024 (2024-09-30) | Q4 FY2024 (2024-12-31) | Q1 FY2025 (2025-03-31) | Q2 FY2025 (2025-06-30) | Q3 FY2025 (2025-09-30) | Q4 FY2025 (2025-12-31) | Q1 FY2026 (2026-03-31) | Q2 FY2026 (2026-06-30) |
| --- | --- | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: |
| Revenue | $m | [31.4](/filings/0001493152-25-022124.md) | [28.6 d](/filings/0001493152-26-016795.md) | [26.9](/filings/0001493152-26-022752.md) | [30.7](/filings/0001493152-26-037344.md) | [30.5](/filings/0001493152-25-022124.md) | [30.3 d](/filings/0001493152-26-016795.md) | [30.3](/filings/0001493152-26-022752.md) | [33.5](/filings/0001493152-26-037344.md) |
| Gross margin | % | [12.2%](/filings/0001493152-25-022124.md) | [9.9% d](/filings/0001493152-26-016795.md) | [11.4%](/filings/0001493152-26-022752.md) | [15.8%](/filings/0001493152-26-037344.md) | [16.5%](/filings/0001493152-25-022124.md) | [16.7% d](/filings/0001493152-26-016795.md) | [15.5%](/filings/0001493152-26-022752.md) | [17.0%](/filings/0001493152-26-037344.md) |
| Operating margin | % | [(1.5%)](/filings/0001493152-25-022124.md) | [(4.3%) d](/filings/0001493152-26-016795.md) | [(6.0%)](/filings/0001493152-26-022752.md) | [2.4%](/filings/0001493152-26-037344.md) | [3.1%](/filings/0001493152-25-022124.md) | [3.0% d](/filings/0001493152-26-016795.md) | [0.2%](/filings/0001493152-26-022752.md) | [1.9%](/filings/0001493152-26-037344.md) |
| Net margin | % | [(2.4%)](/filings/0001493152-25-022124.md) | [(5.2%) d](/filings/0001493152-26-016795.md) | [(4.9%)](/filings/0001493152-26-022752.md) | [1.0%](/filings/0001493152-26-037344.md) | [(0.5%)](/filings/0001493152-25-022124.md) | [3.0% d](/filings/0001493152-26-016795.md) | [(0.1%)](/filings/0001493152-26-022752.md) | [0.9%](/filings/0001493152-26-037344.md) |
| Diluted EPS | $ per share | [(0.27)](/filings/0001493152-25-022124.md) | not reported | [(0.48)](/filings/0001493152-26-022752.md) | [0.12](/filings/0001493152-26-037344.md) | [(0.05)](/filings/0001493152-25-022124.md) | not reported | [(0.01)](/filings/0001493152-26-022752.md) | [0.11](/filings/0001493152-26-037344.md) |
| Free cash flow | $m | [(1.6) d](/filings/0001493152-25-022124.md) | [0.5 d](/filings/0001493152-26-016795.md) | [(3.2)](/filings/0001493152-26-022752.md) | [0.1 d](/filings/0001493152-26-037344.md) | [(0.2) d](/filings/0001493152-25-022124.md) | [5.5 d](/filings/0001493152-26-016795.md) | [(1.8)](/filings/0001493152-26-022752.md) | [(1.0) d](/filings/0001493152-26-037344.md) |

- Revenue. XBRL Revenue: us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax. Derived values: 12-month figure less the 9-month figure.
- Gross margin (gross profit / revenue). XBRL Gross profit: us-gaap:GrossProfit; Revenue: us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax. Derived values: 12-month figure less the 9-month figure.
- Operating margin (operating income / revenue). XBRL Operating income: us-gaap:OperatingIncomeLoss; Revenue: us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax. Derived values: 12-month figure less the 9-month figure.
- Net margin (net income / revenue). XBRL Net income: us-gaap:NetIncomeLoss; Revenue: us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax. Derived values: 12-month figure less the 9-month figure.
- Diluted EPS. XBRL Diluted EPS: us-gaap:EarningsPerShareDiluted.
- Free cash flow (operating cash flow − capital expenditure). XBRL Operating cash flow: us-gaap:NetCashProvidedByUsedInOperatingActivities; Capital expenditure: us-gaap:PaymentsToAcquirePropertyPlantAndEquipment. Derived values: 9-month figure less the 6-month figure; 12-month figure less the 9-month figure; 6-month figure less the 3-month figure.

## Last five fiscal years

| Line item | Unit | FY2021 (2021-12-31) | FY2022 (2022-12-31) | FY2023 (2023-12-31) | FY2024 (2024-12-31) | FY2025 (2025-12-31) |
| --- | --- | ---: | ---: | ---: | ---: | ---: |
| Revenue | $m | [115](/filings/0001437749-23-007041.md) | [134](/filings/0001437749-24-008690.md) | [139](/filings/0001641172-25-001473.md) | [128](/filings/0001493152-26-016795.md) | [118](/filings/0001493152-26-016795.md) |
| Gross margin | % | [13.8%](/filings/0001437749-23-007041.md) | [15.3%](/filings/0001437749-24-008690.md) | [16.6%](/filings/0001641172-25-001473.md) | [13.1%](/filings/0001493152-26-016795.md) | [15.2%](/filings/0001493152-26-016795.md) |
| Operating margin | % | [2.0%](/filings/0001437749-23-007041.md) | [2.9%](/filings/0001437749-24-008690.md) | [4.3%](/filings/0001641172-25-001473.md) | [(0.2%)](/filings/0001493152-26-016795.md) | [0.8%](/filings/0001493152-26-016795.md) |
| Net margin | % | [6.2%](/filings/0001437749-23-007041.md) | [1.5%](/filings/0001437749-24-008690.md) | [4.9%](/filings/0001641172-25-001473.md) | [(1.0%)](/filings/0001493152-26-016795.md) | [(0.2%)](/filings/0001493152-26-016795.md) |
| Diluted EPS | $ per share | [2.54](/filings/0001437749-23-007041.md) | [0.70](/filings/0001437749-24-008690.md) | [2.38](/filings/0001641172-25-001473.md) | [(0.47)](/filings/0001493152-26-016795.md) | [(0.09)](/filings/0001493152-26-016795.md) |
| Free cash flow | $m | [(5.8)](/filings/0001437749-23-007041.md) | [3.0](/filings/0001437749-24-008690.md) | [0.5](/filings/0001641172-25-001473.md) | [(3.5)](/filings/0001493152-26-016795.md) | [2.1](/filings/0001493152-26-016795.md) |

- Revenue. XBRL Revenue: us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax.
- Gross margin (gross profit / revenue). XBRL Gross profit: us-gaap:GrossProfit; Revenue: us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax.
- Operating margin (operating income / revenue). XBRL Operating income: us-gaap:OperatingIncomeLoss; Revenue: us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax.
- Net margin (net income / revenue). XBRL Net income: us-gaap:NetIncomeLoss; Revenue: us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax.
- Diluted EPS. XBRL Diluted EPS: us-gaap:EarningsPerShareDiluted.
- Free cash flow (operating cash flow − capital expenditure). XBRL Operating cash flow: us-gaap:NetCashProvidedByUsedInOperatingActivities; Capital expenditure: us-gaap:PaymentsToAcquirePropertyPlantAndEquipment.

Each value links to the filing it came from. d marks a derived value. A ratio is not reported when any input is missing.

## Insider purchases and sales

The last 20 open-market transactions on Form 4 (codes P and S). Reported price is as stated on the form, not a market price. [All insider transactions](/companies/nsys/insiders.md)

None in coverage.

## Funds that report holding it

From each manager’s latest Form 13F, largest reported value first. Reported value is as filed: filing data, not a price. [All funds](/funds.md)

| Fund | Quarter ended | Reported value | Shares | Put or call | Change on the quarter before |
| --- | --- | ---: | ---: | --- | --- |
| [WELLS FARGO & COMPANY/MN](/funds/72971.md) | 2026-06-30 | $1.2m | 76,091 |  | New +76,091 |
| [RENAISSANCE TECHNOLOGIES LLC](/funds/1037389.md) | 2026-06-30 | $990.3k | 62,599 |  | Added +18,600 |
| [VANGUARD CAPITAL MANAGEMENT LLC](/funds/2100119.md) | 2026-06-30 | $412.6k | 26,247 |  | Reduced −1,641 |
| [Chevy Chase Trust Holdings, LLC](/funds/1462020.md) | 2026-06-30 | $250.5k | 15,832 |  | Unchanged |
| [Pathstone Holdings, LLC](/funds/2011612.md) | 2026-06-30 | $189.8k | 12,000 |  | New +12,000 |
| [DIMENSIONAL FUND ADVISORS LP](/funds/354204.md) | 2026-06-30 | $167.0k | 10,624 |  | New +10,624 |
| [MORGAN STANLEY](/funds/895421.md) | 2026-06-30 | $134.5k | 8,500 |  | New +8,500 |
| [VANGUARD FIDUCIARY TRUST CO](/funds/933478.md) | 2026-06-30 | $81.9k | 5,211 |  | Added +3,683 |
| [BlackRock, Inc.](/funds/2012383.md) | 2026-06-30 | $70.5k | 4,456 |  | New +4,456 |
| [Larson Financial Group LLC](/funds/1731061.md) | 2026-06-30 | $3.8k | 241 |  | Unchanged |

## Recent filings

[All 398 filings](/companies/nsys/filings.md)

| Filed | Accepted | Form | What it is | Accession |
| --- | --- | --- | --- | --- |
| 2026-08-12 | 16:05 ET | [10-Q](/filings/0001493152-26-037344.md) | Quarterly report, period 2026-06-30 | 0001493152-26-037344 |
| 2026-08-12 | 16:05 ET | [8-K](/filings/0001493152-26-037337.md) | 2.02 Results of operations; 9.01 Financial statements and exhibits | 0001493152-26-037337 |
| 2026-05-14 | 16:15 ET | [8-K](/filings/0001493152-26-023093.md) | 5.07 Shareholder vote results | 0001493152-26-023093 |
| 2026-05-13 | 16:32 ET | [8-K](/filings/0001493152-26-022756.md) | 2.02 Results of operations; 9.01 Financial statements and exhibits | 0001493152-26-022756 |
| 2026-05-13 | 16:30 ET | [10-Q](/filings/0001493152-26-022752.md) | Quarterly report, period 2026-03-31 | 0001493152-26-022752 |
| 2026-04-15 | 16:01 ET | [10-K/A](/filings/0001493152-26-016795.md) | Annual report, amended, period 2025-12-31 | 0001493152-26-016795 |
| 2026-04-01 | 16:05 ET | [DEF 14A](/filings/0001493152-26-014640.md) | Proxy statement, period 2026-04-01 | 0001493152-26-014640 |
| 2026-03-26 | 17:04 ET | [8-K](/filings/0001493152-26-012975.md) | 2.02 Results of operations; 9.01 Financial statements and exhibits | 0001493152-26-012975 |
| 2026-03-26 | 16:05 ET | [10-K](/filings/0001493152-26-012913.md) | Annual report, period 2025-12-31 | 0001493152-26-012913 |
| 2026-03-23 | 06:02 ET | [8-K](/filings/0001493152-26-012039.md) | 1.01 Entry into a material agreement; 9.01 Financial statements and exhibits | 0001493152-26-012039 |

## Latest annual report

[Form 10-K for the fiscal year ended Dec 31, 2025](/filings/0001493152-26-012913.md), filed Mar 26, 2026.

## Forecast league

Q3 FY2026, the quarter ended 2026-09-30, is open for forecasts until the first results filing for it is accepted by EDGAR. Results are due by \[object Promise\]. [Forecast this quarter](/leagues/2026q3/targets/99f550c9-8d85-4d60-a141-892ace38d470)

## About the filer

- CIK: 722313
- Tickers: NSYS
- Exchange: Nasdaq
- SIC code: 3679 Electronic Components, NEC
- State of incorporation: MN
- Filer category: Non-accelerated filer<br>Smaller reporting company

Source: SEC EDGAR, XBRL company facts, the filing index and Forms 4. Last ingested by Listed: Oct 24, 2026, 15:23 ET. No prices; not investment advice.
