Trio-Tech International (NASDAQ: TRT) announced financial results for the fiscal year ended June 30, 2026, reporting a 72% increase in total revenue to $62.6 million, up from $36.5 million in fiscal 2025. The company’s Semiconductor Back-End Solutions (SBS) segment revenue nearly doubled to $49.0 million, while Industrial Electronics (IE) revenue increased 15% to $13.6 million.
For the fourth quarter of fiscal 2026, total revenue was $14.9 million, a 40% increase from the prior year. Within this period, SBS revenue rose approximately 85% to $12.1 million, while IE revenue decreased to $2.8 million from $4.1 million in the prior-year quarter.
Despite the revenue growth, the company reported a net loss attributable to common shareholders of $34,000 for fiscal 2026, compared to a net loss of $41,000 in the prior year. The company also reported a total backlog of $24.2 million at the end of fiscal 2026, more than double the $11.0 million recorded at the end of fiscal 2025. The company’s cash, cash equivalents, and short-term deposits totaled approximately $28.5 million.
The company noted that the year-over-year changes in operating results were primarily driven by higher general and administrative expenses related to corporate activity, including a stock split and investor relations initiatives, as well as increased stock-based compensation expense.
