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Recent Updates — PDEX

September 3, 2026View Source ↗

Pro-Dex, Inc. reported fiscal 2026 fourth quarter and full-year financial results for the period ended June 30, 2026. For the quarter ended June 30, 2026, net sales increased 17% to $20.4 million from $17.5 million, driven by revenue from a customer's next-generation orthopedic handpiece. Gross profit rose 103% to $7.1 million with margins expanding to 35%, while operating income grew 163% to $3.5 million and net income reached $2.9 million, or $0.87 per diluted share. For the full fiscal year, net sales increased 16% to $77.5 million from $66.6 million, resulting in net income of $13.7 million, or $4.12 per diluted share, compared to $9.0 million previously. The company also completed the acquisition of Advanced Precision Machining, LLC (APM) on February 9, 2026. Pro-Dex, Inc. specializes in the design, development, and manufacture of surgical drivers and shavers for orthopedic and related medical markets.