ETC Announces Fiscal 2026 Full Year and Fourth Quarter Results

Environmental Tectonics Corporation (ETCC) reported fiscal 2026 net income of $3.0 million ($0.15 diluted EPS), down 76.7% from $13.1 million in fiscal 2025, primarily due to a $7.8 million increase in income tax provision. Net sales remained flat at $62.7 million. The company maintains a $61 million backlog and announced $37 million in new contract awards expected to increase backlog to over $80 million by end of Q1 fiscal 2027. The PNC credit facility maturity was extended to June 2028.