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Companies/Nortech Systems Incorporated
Company profile

Nortech Systems Incorporated

NASDAQ: NSYS · Technology · Hardware, Equipment & Parts
PublicHQ Maple Grove, MN · HennepinCIK 0000722313Reports USD
#426 of 1,109 Technology companies by revenue31st-percentile growth
EA Score
64C
FH 67DQ 66GM 48SS 71
v0.1 · 65/100 weight · provisional
↑ listing tenure, Piotroski F · ↓ revenue growth (YoY), 3-yr revenue growth
Methodology →
Revenue TTM
$121.8M
Rev growth YoY (TTM)
+0.8%
Net income (FY)
-$252.0k
Employees
701
Market cap
$40.7M
OverviewFinancialsSegmentsFilingsESGPeople & Places

Financials — latest annual

SEC EDGAR · USD-normalized
ConceptUSDNativeFY
Revenue$118.4M$118.4M2025
Net income-$252.0k-$252.0k2025
Operating income$975.0k$975.0k2025
Total assets$71.9M$71.9M2025
Liabilities$37.4M$37.4M2025
Equity$34.5M$34.5M2025

Revenue trend

FY2018 – FY2025 · USD
$113.4M
FY18
$116.3M
FY19
$104.1M
FY20
$115.2M
FY21
$134.1M
FY22
$139.3M
FY23
$128.1M
FY24
$118.4M
FY25

Revenue by segment

Filed disclosures · FY2013
By product
Industrial50%
Medical32%
Aerospace and Defense18%
By geography

Not disclosed.

The read

Nortech Systems Incorporated booked $118.4M in FY2025 revenue, contracting 7.6% year over year — slower than 69% of Technology companies we track, at a -0.2% net margin.

Peers · Technology
Zapata Quantum, Inc.31DPhunware, Inc.40DBig Digital Energy, Inc.32D01 Quantum Inc.47D
Neighbors
Hennepin →
UnitedHealth Group Incorporated$447.6B80B+U.S. Bancorp$28.7B66BTarget Corporation$104.8B81B+Xcel Energy Inc.$11.5B67BAmeriprise Financial, Inc.$18.9B73BC.H. Robinson Worldwide, Inc.$16.2B73B
Key facts
CEOJay Dean Miller
SectorTechnology
IndustryHardware, Equipment & Parts
HeadquartersMaple Grove, MN
ExchangeNASDAQ: NSYS
Employees701
IPO date1993-06-11
Latest filings
8-K2026-05-1410-Q2026-05-138-K2026-05-13DEF 14A2026-04-018-K2026-03-2610-K2026-03-268-K2026-03-238-K2026-03-06
Financials: SEC EDGAR (XBRL), USD-normalized per IAS 21 · TTM/quarterly + segments: FMP from filed disclosures · Filings: EDGAR submissions. County headcount and EA Score are in progress — see docs/DATA_GAPS.md.
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