NASDAQ : PDEX
Pro-Dex, Inc. — Financial statements
Healthcare · Medical Instruments & Supplies · United States
Last price 61.6 USD (Oct 29, 2026, 4:00 PM EDT) · Market cap 197.33M
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Financial statements
Pro-Dex, Inc. (PDEX) reported revenue of 79.58M USD (TTM). Five years of income statement, balance sheet, cash flow and ratios below.
Income statement
Fiscal year July - June; amounts in USD.
| TTM | FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|---|
| Revenue | 79.58M | 77.55M | 66.59M | 53.84M | 46.09M | 42.04M |
| Cost of Revenue | 53.75M | 53.21M | 47.08M | 39.29M | 33.34M | 28.91M |
| Gross Profit | 25.82M | 24.34M | 19.51M | 14.55M | 12.75M | 13.13M |
| Selling, General & Admin | 9.26M | 8.62M | 5.79M | 4.75M | 4.75M | 5.55M |
| Research & Development | 3.17M | 2.73M | 3.03M | 2.63M | 2.24M | 2.34M |
| Operating Expenses | 12.43M | 11.34M | 8.82M | 7.38M | 6.99M | 7.89M |
| Operating Income | 13.40M | 12.99M | 10.69M | 7.17M | 5.76M | 5.24M |
| Interest Expense | -872.00K | -812.00K | -829.00K | -558.00K | -533.00K | -464.00K |
| Interest & Investment Income | 218.00K | 181.00K | 82.00K | 144.00K | 294.00K | 76.00K |
| EBT Excluding Unusual Items | 12.74M | 12.36M | 9.94M | 6.76M | 5.52M | 4.85M |
| Gain (Loss) on Sale of Investments | 2.43M | 5.66M | 2.12M | -4.12M | 3.90M | 959.00K |
| Gain (Loss) on Sale of Assets | -35.00K | |||||
| Asset Writedown | -84.00K | |||||
| Pretax Income | 15.17M | 18.02M | 12.06M | 2.63M | 9.43M | 5.69M |
| Income Tax Expense | 3.14M | 4.35M | 3.08M | 507.00K | 2.35M | 1.12M |
| Earnings From Continuing Operations | 12.03M | 13.66M | 8.98M | 2.13M | 7.07M | 4.57M |
| Net Income | 12.03M | 13.66M | 8.98M | 2.13M | 7.07M | 4.57M |
| Net Income to Common | 12.03M | 13.66M | 8.98M | 2.13M | 7.07M | 4.57M |
| Shares Outstanding (Basic) | 3.21M | 3.23M | 3.29M | 3.50M | 3.57M | 3.64M |
| Shares Outstanding (Diluted) | 3.31M | 3.32M | 3.36M | 3.57M | 3.64M | 3.76M |
| EPS (Basic) | 3.75 | 4.24 | 2.73 | 0.61 | 1.98 | 1.26 |
| EPS (Diluted) | 3.64 | 4.12 | 2.67 | 0.60 | 1.95 | 1.21 |
| Free Cash Flow | 10.69M | 6.76M | -2.93M | 5.24M | 4.49M | -2.48M |
| Free Cash Flow Per Share | 3.23 | 2.04 | -0.87 | 1.47 | 1.23 | -0.66 |
| Gross Margin | 32.45% | 31.38% | 29.30% | 27.02% | 27.66% | 31.24% |
| Operating Margin | 16.84% | 16.75% | 16.05% | 13.32% | 12.50% | 12.47% |
| Profit Margin | 15.12% | 17.62% | 13.48% | 3.95% | 15.35% | 10.88% |
| Free Cash Flow Margin | 13.44% | 8.72% | -4.40% | 9.73% | 9.74% | -5.91% |
| EBITDA | 14.88M | 14.38M | 11.93M | 8.33M | 6.62M | 5.97M |
| EBITDA Margin | 18.70% | 18.55% | 17.91% | 15.48% | 14.36% | 14.20% |
| D&A For EBITDA | 1.49M | 1.39M | 1.24M | 1.16M | 857.00K | 726.00K |
| EBIT | 13.40M | 12.99M | 10.69M | 7.17M | 5.76M | 5.24M |
| EBIT Margin | 16.84% | 16.75% | 16.05% | 13.32% | 12.50% | 12.47% |
| Effective Tax Rate | 20.71% | 24.16% | 25.54% | 19.25% | 24.97% | 19.71% |
| Advertising Expenses | 2.00K | 94.00K | 14.00K | 4.00K | 1.00K |
Balance sheet
Fiscal year July - June; amounts in USD.
| TTM | FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|---|
| Cash & Equivalents | 11.76M | 8.19M | 419.00K | 2.63M | 2.94M | 849.00K |
| Short-Term Investments | 1.23M | 1.15M | 6.74M | 4.22M | 1.13M | 755.00K |
| Cash & Short-Term Investments | 12.99M | 9.34M | 7.16M | 6.85M | 4.07M | 1.60M |
| Accounts Receivable | 17.51M | 21.20M | 16.43M | 13.89M | 9.95M | 15.38M |
| Other Receivables | 1.08M | 620.00K | 1.06M | |||
| Receivables | 18.59M | 21.82M | 17.49M | 13.89M | 9.95M | 15.38M |
| Inventory | 21.90M | 21.46M | 22.21M | 15.27M | 16.17M | 12.68M |
| Prepaid Expenses | 443.00K | 553.00K | 410.00K | 345.00K | 296.00K | 790.00K |
| Other Current Assets | 27.00K | 70.00K | 24.00K | 262.00K | 494.00K | 710.00K |
| Total Current Assets | 53.95M | 53.25M | 47.30M | 36.61M | 30.98M | 31.17M |
| Property, Plant & Equipment | 13.35M | 11.94M | 12.26M | 12.65M | 13.20M | 13.42M |
| Long-Term Investments | 497.00K | 504.00K | 148.00K | 1.56M | 7.52M | 4.08M |
| Goodwill | 6.53M | 6.53M | ||||
| Other Intangible Assets | 666.00K | 686.00K | 26.00K | 54.00K | 81.00K | 118.00K |
| Long-Term Deferred Tax Assets | 1.54M | 1.54M | 1.42M | 1.55M | 256.00K | |
| Other Long-Term Assets | 60.00K | 60.00K | 44.00K | 42.00K | 42.00K | 42.00K |
| Total Assets | 76.59M | 74.51M | 61.19M | 52.48M | 51.82M | 49.09M |
| Accounts Payable | 5.32M | 4.26M | 4.61M | 4.51M | 2.26M | 3.76M |
| Accrued Expenses | 2.50M | 3.26M | 2.62M | 2.63M | 2.52M | 2.03M |
| Current Portion of Long-Term Debt | 4.17M | 4.21M | 6.15M | 4.37M | 3.83M | 3.29M |
| Current Portion of Leases | 453.00K | 844.00K | 498.00K | 455.00K | 416.00K | 379.00K |
| Current Income Taxes Payable | 124.00K | 124.00K | 186.00K | 632.00K | 453.00K | 544.00K |
| Current Unearned Revenue | 44.00K | 26.00K | 202.00K | 14.00K | 1.01M | |
| Other Current Liabilities | 267.00K | 260.00K | 357.00K | 277.00K | 200.00K | 340.00K |
| Total Current Liabilities | 12.88M | 12.98M | 14.63M | 12.89M | 9.68M | 11.35M |
| Long-Term Debt | 12.27M | 13.27M | 9.25M | 7.54M | 8.91M | 10.25M |
| Long-Term Leases | 2.09M | 627.00K | 685.00K | 1.18M | 1.64M | 2.05M |
| Long-Term Deferred Tax Liabilities | 8.00K | |||||
| Total Liabilities | 27.24M | 26.88M | 24.56M | 21.61M | 20.23M | 23.66M |
| Common Stock | 704.00K | 3.92M | 6.77M | 7.68M | ||
| Retained Earnings | 49.35M | 47.63M | 35.93M | 26.95M | 24.82M | 17.75M |
| Shareholders' Equity | 49.35M | 47.63M | 36.63M | 30.87M | 31.59M | 25.43M |
| Total Liabilities & Equity | 76.59M | 74.51M | 61.19M | 52.48M | 51.82M | 49.09M |
| Total Debt | 18.98M | 18.94M | 16.58M | 13.55M | 14.79M | 15.97M |
| Net Cash (Debt) | -5.50M | -9.10M | -9.27M | -5.14M | -9.36M | -12.59M |
| Net Cash Per Share | -1.66 | -2.74 | -2.76 | -1.44 | -2.57 | -3.34 |
| Filing Date Shares Outstanding | 3.20M | 3.20M | 3.26M | 3.36M | 3.55M | 3.62M |
| Total Common Shares Outstanding | 3.20M | 3.19M | 3.26M | 3.36M | 3.55M | 3.60M |
| Working Capital | 41.06M | 40.27M | 32.67M | 23.72M | 21.30M | 19.81M |
| Book Value Per Share | 15.40 | 14.95 | 11.23 | 9.18 | 8.91 | 7.07 |
| Tangible Book Value | 42.16M | 40.42M | 36.61M | 30.81M | 31.51M | 25.31M |
| Tangible Book Value Per Share | 13.16 | 12.69 | 11.23 | 9.16 | 8.89 | 7.04 |
| Land | 3.68M | 3.68M | 3.68M | 3.68M | 3.68M | |
| Buildings | 2.81M | 2.81M | 2.81M | 2.81M | 2.81M | |
| Machinery | 11.61M | 10.30M | 9.29M | 8.65M | 8.91M | |
| Order Backlog | 32.90M | 50.40M | 19.80M | 41.60M | 16.50M |
Cash flow statement
Fiscal year July - June; amounts in USD.
| TTM | FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|---|
| Net Income | 12.03M | 13.66M | 8.98M | 2.13M | 7.07M | 4.57M |
| Depreciation & Amortization | 1.49M | 1.39M | 1.24M | 1.16M | 857.00K | 726.00K |
| Other Amortization | 13.00K | 12.00K | 9.00K | 12.00K | 9.00K | |
| Loss (Gain) From Sale of Assets | 35.00K | |||||
| Asset Writedown & Restructuring Costs | 84.00K | |||||
| Loss (Gain) From Sale of Investments | -2.43M | -5.66M | -2.12M | 4.12M | -3.90M | -959.00K |
| Stock-Based Compensation | 662.00K | 688.00K | 555.00K | 605.00K | 766.00K | 1.27M |
| Provision & Write-off of Bad Debts | 302.00K | 368.00K | -2.00K | |||
| Other Operating Activities | -175.00K | -178.00K | 107.00K | -1.58M | 274.00K | -50.00K |
| Change in Accounts Receivable | 852.00K | -4.71M | -2.55M | -3.94M | 5.43M | -4.45M |
| Change in Inventory | 540.00K | 1.63M | -6.94M | 898.00K | -3.49M | -4.24M |
| Change in Accounts Payable | 14.00K | -12.00K | 179.00K | 2.44M | -1.15M | 1.99M |
| Change in Unearned Revenue | -79.00K | -176.00K | 188.00K | 14.00K | -1.01M | 863.00K |
| Change in Income Taxes | -1.63M | 373.00K | -1.50M | 179.00K | -91.00K | 147.00K |
| Change in Other Net Operating Assets | -166.00K | -151.00K | 171.00K | 183.00K | 710.00K | -848.00K |
| Operating Cash Flow | 11.42M | 7.24M | -1.68M | 6.22M | 5.46M | -847.00K |
| Capital Expenditures | -731.00K | -483.00K | -1.25M | -983.00K | -974.00K | -1.64M |
| Cash Acquisitions | -6.49M | -6.49M | ||||
| Sale (Purchase) of Intangibles | -33.00K | |||||
| Investment in Securities | 10.89M | 10.89M | 1.01M | -1.25M | 89.00K | 436.00K |
| Investing Cash Flow | 3.67M | 3.91M | -238.00K | -2.23M | -885.00K | -1.24M |
| Long-Term Debt Issued | 23.62M | 15.00M | 4.00M | 5.28M | 2.00M | |
| Total Debt Issued | 14.18M | 23.62M | 15.00M | 4.00M | 5.28M | 2.00M |
| Long-Term Debt Repaid | -23.65M | -11.53M | -4.84M | -6.09M | -1.24M | |
| Total Debt Repaid | -13.16M | -23.65M | -11.53M | -4.84M | -6.09M | -1.24M |
| Net Debt Issued (Repaid) | 1.02M | -32.00K | 3.48M | -841.00K | -809.00K | 756.00K |
| Issuance of Common Stock | 102.00K | 85.00K | 42.00K | 50.00K | 89.00K | 60.00K |
| Repurchase of Common Stock | -4.96M | -3.44M | -3.81M | -3.50M | -1.77M | -1.61M |
| Financing Cash Flow | -3.84M | -3.38M | -292.00K | -4.30M | -2.49M | -790.00K |
| Net Cash Flow | 11.24M | 7.77M | -2.21M | -305.00K | 2.09M | -2.87M |
| Free Cash Flow | 10.69M | 6.76M | -2.93M | 5.24M | 4.49M | -2.48M |
| Free Cash Flow Margin | 13.44% | 8.72% | -4.40% | 9.73% | 9.74% | -5.91% |
| Free Cash Flow Per Share | 3.23 | 2.04 | -0.87 | 1.47 | 1.23 | -0.66 |
| Levered Free Cash Flow | 8.25M | 5.40M | -3.73M | 4.70M | 4.31M | -3.24M |
| Unlevered Free Cash Flow | 8.78M | 5.90M | -3.22M | 5.04M | 4.65M | -2.96M |
| Cash Interest Paid | 838.00K | 775.00K | 818.00K | 555.00K | 521.00K | 463.00K |
| Cash Income Tax Paid | 4.92M | 4.11M | 4.46M | 1.89M | 1.66M | 1.56M |
| Change in Working Capital | -467.00K | -3.05M | -10.45M | -225.00K | 396.00K | -6.54M |
Ratios
Fiscal year July - June; amounts in USD.
| TTM | FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|---|
| Market Capitalization | 184.48M | 186.94M | 142.31M | 67.15M | 67.72M | 57.72M |
| Enterprise Value | 189.98M | 195.67M | 151.90M | 71.30M | 77.46M | 64.79M |
| Last Close Price | 57.65 | 58.55 | 43.64 | 19.64 | 19.10 | 15.95 |
| PE Ratio | 15.85 | 13.68 | 15.85 | 31.57 | 9.57 | 12.62 |
| Forward PE | 18.13 | 21.21 | 20.02 | 14.13 | 13.55 | 13.75 |
| PS Ratio | 2.32 | 2.41 | 2.14 | 1.25 | 1.47 | 1.37 |
| PB Ratio | 3.74 | 3.92 | 3.88 | 2.17 | 2.14 | 2.27 |
| P/TBV Ratio | 4.38 | 4.62 | 3.89 | 2.18 | 2.15 | 2.28 |
| P/FCF Ratio | 17.26 | 27.66 | 12.81 | 15.09 | ||
| P/OCF Ratio | 16.15 | 25.81 | 10.79 | 12.40 | ||
| EV/Sales Ratio | 2.39 | 2.52 | 2.28 | 1.32 | 1.68 | 1.54 |
| EV/EBITDA Ratio | 12.76 | 13.60 | 12.73 | 8.56 | 11.70 | 10.86 |
| EV/EBIT Ratio | 14.18 | 15.06 | 14.21 | 9.94 | 13.44 | 12.36 |
| EV/FCF Ratio | 17.77 | 28.95 | 13.60 | 17.26 | ||
| Debt / Equity Ratio | 0.39 | 0.40 | 0.45 | 0.44 | 0.47 | 0.63 |
| Debt / EBITDA Ratio | 1.22 | 1.26 | 1.32 | 1.52 | 2.06 | 2.45 |
| Debt / FCF Ratio | 1.78 | 2.80 | 2.58 | 3.30 | ||
| Net Debt / Equity Ratio | 0.11 | 0.19 | 0.25 | 0.17 | 0.30 | 0.49 |
| Net Debt / EBITDA Ratio | 0.37 | 0.63 | 0.78 | 0.62 | 1.41 | 2.11 |
| Net Debt / FCF Ratio | 0.51 | 1.35 | -3.17 | 0.98 | 2.09 | -5.06 |
| Asset Turnover | 1.13 | 1.14 | 1.17 | 1.03 | 0.91 | 0.94 |
| Inventory Turnover | 2.47 | 2.44 | 2.51 | 2.50 | 2.31 | 2.74 |
| Quick Ratio | 2.45 | 2.40 | 1.69 | 1.61 | 1.45 | 1.50 |
| Current Ratio | 4.19 | 4.10 | 3.23 | 2.84 | 3.20 | 2.75 |
| Return on Equity (ROE) | 26.48% | 32.43% | 26.60% | 6.81% | 24.81% | 20.09% |
| Return on Assets (ROA) | 11.89% | 11.97% | 11.76% | 8.60% | 7.14% | 7.33% |
| Return on Invested Capital (ROIC) | 18.87% | 19.08% | 19.04% | 14.50% | 10.53% | 11.96% |
| Return on Capital Employed (ROCE) | 21.00% | 21.10% | 23.00% | 18.10% | 13.70% | 13.90% |
| Earnings Yield | 6.31% | 7.31% | 6.31% | 3.17% | 10.45% | 7.92% |
| FCF Yield | 5.80% | 3.62% | -2.06% | 7.80% | 6.63% | -4.30% |
| Buyback Yield / Dilution | 1.83% | 1.31% | 5.88% | 1.81% | 3.36% | 4.39% |