Nortech Systems Inc.
- NSYS ยท Nasdaq
- Electronic Components, NEC
- Maple Grove, MN
- CIK 0000722313
Updated from SEC filings through
Top things to know
Executives
-
Jay D. Miller President and Chief Executive Officer (principal executive officer) and Director 10-K, 2026-03-26 -
Andrew D. C. LaFrence Chief Financial Officer (principal financial and accounting officer) 10-K, 2026-03-26 - John Lindeen Sr. VP of Global Operations DEF 14A, 2026-04-01
What leadership is saying
“Nortech delivered a solid second quarter, with year-over-year revenue growth, improved gross margins, and continued positive operating income reflecting the benefits of our restructuring actions and disciplined execution”
Earnings press release (8-K Ex. 99.1), filed August 12, 2026
Nortech Systems Inc is a U.S. public company in electronic components, nec (SIC 3679), headquartered in Maple Grove, MN. It trades as NSYS on Nasdaq. Revenue was $12.2M in the fiscal year ending December 31, 2025, -15.0% from the year before. Jay D. Miller is President and Chief Executive Officer (principal executive officer) and Director.
Five-year financials
| Metric | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 |
|---|---|---|---|---|---|
| Revenue | $12.2M 10-Q, 2026-08-12 | $14.4M 10-Q, 2025-11-13 | $13.4M 10-K, 2025-03-31 | $134M 10-K, 2024-03-20 | $115M 10-K, 2023-03-17 |
| Operating income | $975K 10-K/A, 2026-04-15 | -$195K 10-K/A, 2026-04-15 | $6.0M 10-K, 2025-03-31 | $3.9M 10-K, 2024-03-20 | $2.3M 10-K, 2023-03-17 |
| SG&A | $10.8M 10-K/A, 2026-04-15 | $11.7M 10-K/A, 2026-04-15 | $12.4M 10-K, 2025-03-31 | $11.4M 10-K, 2024-03-20 | $10.0M 10-K, 2023-03-17 |
| Net income | -$252K 10-K/A, 2026-04-15 | -$1.3M 10-K/A, 2026-04-15 | $6.9M 10-K, 2025-03-31 | $2.0M 10-K, 2024-03-20 | $7.2M 10-K, 2023-03-17 |
Annual figures from XBRL in each company's own filings. Click a figure to open the filing. SG&A marked derived is general and administrative plus selling and marketing.
Leadership and board
| Name | Title | Source |
|---|---|---|
| Jay D. Miller | President and Chief Executive Officer (principal executive officer) and Director | 10-K, 2026-03-26 |
| Andrew D. C. LaFrence | Chief Financial Officer (principal financial and accounting officer) | 10-K, 2026-03-26 |
| John Lindeen | Named in proxy bio: Sr. VP of Global Operations | DEF 14A, 2026-04-01 |
| David B. Kunin | Chairman and Director | 10-K, 2026-03-26 |
| Amy Fredregill | Director | 10-K, 2026-03-26 |
| Debarati Sen | Director | 10-K, 2026-03-26 |
| Jose A. Peris | Director | 10-K, 2026-03-26 |
| Ryan P. McManus | Director | 10-K, 2026-03-26 |
| Stacy A. Kruse | Director | 10-K, 2026-03-26 |
What Nortech Systems Inc does
have leased manufacturing facilities in Monterrey, Mexico and Suzhou, China. Monterrey, Mexico has approximately $607 and $687 in long-term assets, and $1,408 and $1,758 of net operating lease assets as of December 31, 2025 and 2024, respectively.
Item 1. Business, 10-K for the year ending December 31, 2025
Shares and governance
| Shares outstanding | 2.9 million (as of August 5, 2026) | 10-Q, August 12, 2026 |
|---|---|---|
| Public float | $11.8M (as of June 30, 2025) | 10-K/A, April 15, 2026 |
| Reportable segments | 1 (period ending June 30, 2026) | 10-Q, August 12, 2026 |
| Latest proxy statement | Meeting April 1, 2026 (filed April 1, 2026) | DEF 14A, April 1, 2026 |
| Auditor | Baker Tilly US, LLP (Minneapolis, Minnesota) | Latest 10-K |
Recent 8-K events
- 8-K filed 2026-08-12
- Item 2.02 Results of operations and financial condition (earnings release)
- 8-K filed 2026-05-14
- Item 5.07 Submission of matters to a vote of security holders
- 8-K filed 2026-05-13
- Item 2.02 Results of operations and financial condition (earnings release)
- 8-K filed 2026-03-26
- Item 2.02 Results of operations and financial condition (earnings release)
- 8-K filed 2026-03-23
- Item 1.01 Entry into a material definitive agreement
- 8-K filed 2026-03-06
- Item 1.01 Entry into a material definitive agreement
- 8-K filed 2026-01-06
- Item 5.02 Departure or appointment of directors or officers; compensation
- Item 8.01 Other events
- 8-K filed 2025-11-13
- Item 2.02 Results of operations and financial condition (earnings release)
- 8-K filed 2025-10-27
- Item 5.02 Departure or appointment of directors or officers; compensation
- 8-K filed 2025-08-19
- Item 5.02 Departure or appointment of directors or officers; compensation
Frequently asked questions about Nortech Systems Inc
- What does Nortech Systems Inc do?
- In its own words, from Item 1 of its 10-K: "have leased manufacturing facilities in Monterrey, Mexico and Suzhou, China. Monterrey, Mexico has approximately $607 and $687 in long-term assets, and $1,408 and $1,758 of net operating lease assets as of December 31, 2025 and 2024, respectively."
- What is Nortech Systems Inc's revenue?
- $12.2M for the fiscal year ending December 31, 2025, from its 10-Q filed August 12, 2026.
- Is Nortech Systems Inc profitable?
- Nortech Systems Inc reported net income of -$252K for the fiscal year ending December 31, 2025.
- Who is the CEO of Nortech Systems Inc?
- Jay D. Miller, President and Chief Executive Officer (principal executive officer) and Director, as named in a 10-K filed March 26, 2026.
- Who is the CFO of Nortech Systems Inc?
- Andrew D. C. LaFrence, Chief Financial Officer (principal financial and accounting officer), as named in a 10-K filed March 26, 2026.
- Where is Nortech Systems Inc headquartered?
- Maple Grove, MN.
- What is Nortech Systems Inc's stock ticker?
- NSYS on Nasdaq.
- What industry is Nortech Systems Inc in?
- Electronic Components, NEC, SIC code 3679.
- What is Nortech Systems Inc's website?
- nortechsys.com.
- When does Nortech Systems Inc report earnings next?
- November 12, 2026 at 16:30. Source: pg_future_events.
- Is Nortech Systems Inc a public company?
- Yes. Nortech Systems Inc files with the SEC under CIK 0000722313 and trades as NSYS.
- Who audits Nortech Systems Inc?
- Baker Tilly US, LLP, Minneapolis, Minnesota, as named in its latest annual report (10-K).
- How many shares of Nortech Systems Inc are outstanding?
- 2.9 million shares as of August 5, 2026, from its 10-Q filed August 12, 2026.
- What is Nortech Systems Inc's public float?
- $11.8M as of June 30, 2025, as reported on the cover of its 10-K/A filed April 15, 2026.
- How many business segments does Nortech Systems Inc report?
- 1 reportable segment for the period ending June 30, 2026, from its 10-Q filed August 12, 2026.
- When is Nortech Systems Inc's annual shareholder meeting?
- April 1, 2026, per its proxy statement (DEF 14A) filed April 1, 2026.