George Risk Industries Q1 Sales Rise 16.14%, Net Income Hits $2.2mln

George Risk Industries reported Q1 net sales of $6.85mln, a 16.14% YoY increase, driven by a resilient economy and competitive product lines. Net income was $2.19mln, with earnings per share at $0.45. Fiscal year-end 2026 sales rose 10.27%, with OEM sales increasing 9.25%. Demand for heavy-duty metal contacts and environmental water detection sensors remains high, leading to a backlog of several months. The company is developing new products, including explosion-proof contacts and programmable temperature and humidity sensors.