Standex International Corporation (NYSE:SXI) filed its Form 10-Q for the quarterly period ended September 30, 2026, reporting net sales of $232,575 thousand and net income attributable to the company of $24,166 thousand for the three months ended September 30, 2026.

Key Highlights

  • Net sales of $232,575 thousand for the three months ended September 30, 2026, compared to $217,431 thousand in the same period a year earlier, according to the filing.
  • Net income attributable to Standex of $24,166 thousand for the quarter, up from $15,056 thousand attributable to the company in the prior-year period.
  • Diluted earnings per share of $1.98 from continuing and discontinued operations combined, versus $1.25 in the prior-year quarter, as reported in the filing.
  • Income from operations of $40,418 thousand, compared to $29,634 thousand for the three months ended September 30, 2025.
  • Total assets of $1,539,728 thousand as of September 30, 2026, down from $1,585,708 thousand at June 30, 2026.
  • Dividends declared of $0.34 per share during the quarter, totaling $4,082 thousand charged to retained earnings.
  • 12,103,710 shares of common stock outstanding as of October 27, 2026, per the cover page of the filing.

Standex International Reports First Fiscal Quarter 2027 Financial Results

According to the 10-Q filed with the SEC, Standex International Corporation reported net sales of $232,575 thousand for the three months ended September 30, 2026, an increase from $217,431 thousand in the comparable prior-year period. Gross profit for the quarter was $103,200 thousand, compared to $90,433 thousand a year earlier. Selling, general, and administrative expenses rose to $60,478 thousand from $54,369 thousand. The filing also discloses a loss on sale of business of $900 thousand and restructuring costs of $1,029 thousand in the current quarter, versus $5,997 thousand of restructuring costs in the prior-year period.

Income from continuing operations before income taxes was $32,158 thousand, compared to $20,987 thousand for the three months ended September 30, 2025. The provision for income taxes was $7,931 thousand, yielding income from continuing operations of $24,227 thousand. After a loss from discontinued operations of $61 thousand, net income was $24,166 thousand. The filing reports no net income attributable to redeemable noncontrolling interest in the current quarter, versus $739 thousand in the prior-year period. Basic earnings per share attributable to Standex shareholders were $2.00, and diluted earnings per share were $1.98, the company disclosed.

On the balance sheet, total stockholders' equity increased to $777,773 thousand at September 30, 2026, from $755,214 thousand at June 30, 2026. Cash and cash equivalents declined to $116,840 thousand from $178,734 thousand over the same period. Long-term debt stood at $518,058 thousand. The redeemable noncontrolling interest purchase obligation of $64,000 thousand present at June 30, 2026 was zero at September 30, 2026, according to the filing. Treasury stock repurchases of $4,285 thousand were made during the quarter.

What Was Disclosed

Standex International filed its quarterly report covering the three months ended September 30, 2026, disclosing income statement, balance sheet, and equity data. Net sales increased year over year, operating income grew, and dividends of $0.34 per share were declared during the quarter.