IEH Corporation (OTCQX: IEHC) has filed its Form 10-Q for the second quarter of Fiscal Year 2027, which ended September 30, 2026. The filing details a significant increase in financial performance compared to the prior year period.
For the quarter ended September 30, 2026, the company reported total revenue of $10,700,084. This figure represents a 51% increase compared to the $7,077,592 generated in the second quarter of Fiscal Year 2026.
Operating performance also improved markedly. The company recorded an operating profit of $1,046,496 for the current quarter. This is a substantial increase compared to an operating loss of $104,380 reported in the same quarter of the prior year.
Net income for the period was $1,363,414, resulting in a net income margin of 12.7%. This contrasts with a net loss of $26,861 in the prior year. On a per-share basis, the company reported a basic gain of $0.55 per share for the current quarter, compared to a basic loss of $0.01 per share in the prior year.
In addition to financial results, the company reported a backlog exceeding $56 million. This backlog level is described as the highest in the company’s history and represents a 40% increase over the first quarter of the current fiscal year.
The company’s President and CEO, Dave Offerman, noted that the second quarter exceeded the first quarter of the fiscal year by every measure. He stated that the company is hiring and adding capacity to meet demand in the defense, commercial aerospace, space, and medical markets.
