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Scientific Industries
Scientific Industries (SCND) investor relations material
Scientific Industries Q2 2026 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Q2 2026 earnings summary14 Aug, 2026
Executive summary
Revenue for Q2 2026 increased 36% year-over-year to $1.47M, driven by higher Benchtop Laboratory Equipment and Bioprocessing Systems sales.
Gross margin improved to 42.3% from 34.8% year-over-year, reflecting a favorable product mix and higher-margin DOTS product sales.
Operating loss narrowed to $1.27M from $1.82M in Q2 2025, aided by cost reductions in G&A and selling expenses.
Net loss from continuing operations was $1.23M for Q2 2026, with discontinued operations contributing $273K in income.
The Genie Division sale in August 2025 continues to impact results, with ongoing transition and supply agreements.
Financial highlights
Q2 2026 revenue: $1.47M (up from $1.08M in Q2 2025); six-month revenue: $2.70M (up from $2.02M year-over-year).
Gross profit margin: 42.3% in Q2 2026 vs. 34.8% in Q2 2025; six-month margin: 40.5% vs. 35.6%.
Operating expenses for Q2 2026: G&A $553.9K, Selling $647.1K, R&D $694.5K.
Net loss for Q2 2026: $1.20M; six-month net loss: $2.87M.
Cash and equivalents at June 30, 2026: $616.5K; investment securities: $3.93M.
Outlook and guidance
Management expects continued negative cash flows from operations due to ongoing investment in Bioprocessing Systems.
Cash from the Genie Division sale and related agreements is expected to support operations for at least one year.
No formal revenue or earnings guidance provided.
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Latest events from Scientific Industries
- Revenue rose 30% and net loss narrowed, but ongoing negative cash flow remains a concern.SCND
Q1 2026 - 2025 net loss shrank to $1.22M as Genie Division sale offset ongoing bioprocessing losses.SCNDQ4 2025
- Annual meeting to vote on director elections, equity plan amendment, and auditor ratification.SCNDProxy Filing
- Registering 3.1M shares for resale, company faces losses, liquidity risks, and bioprocessing focus.SCNDRegistration Filing
- Bioprocessing-focused growth strategy drives losses; 8M-share resale offering targets capital needs.SCNDRegistration Filing
- 3.1M shares registered for resale as company pivots to bioprocessing amid ongoing losses.SCNDRegistration Filing
- Net loss narrowed and sales rose, but liquidity and going concern risks remain.SCNDQ3 2024
- Net loss narrowed and margins improved, but liquidity and funding remain critical concerns.SCNDQ2 2024
- Bioprocessing sales rose 24% in 2024, with cost cuts and a strong pipeline for 2025.SCNDQ4 2024
Next Scientific Industries earnings date
Q3 202619 Nov, 2026
Scientific Industries
Next Scientific Industries earnings date
Q3 202619 Nov, 2026
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Frequently asked questions
Scientific Industries Inc designs, manufactures, and sells laboratory equipment such as vortex mixers, shakers, and bioprocessing systems. It provides solutions for the life sciences, pharmaceutical, and biotechnology sectors. The company is headquartered in Bohemia, New York, and its shares are listed on the OTC.