Scientific Industries Q3 Fiscal 2026: Revenue Down 3.5% to $1,354,800, Net Income $470,000, Nine-Month Revenue Up 18.2%
Scientific Industries, Inc. (OTCQB: SCND) on November 13 reported financial results for the three and nine months ended September 30, 2026. The company develops digitally simplified bioprocessing solutions under the DOTS name, vision-based pill counters under the VIVID brand, and precision weighing instruments under the Torbal brand.
Net revenue for the third quarter was $1,354,800, compared with $1,404,000 in the prior-year quarter, a decrease of $49,200, or 3.5%. For the nine months, net revenue increased $625,200, or 18.2%, to $4,052,300, compared with $3,427,100 in the prior-year period.
Gross profit was $742,900 for the quarter and $1,835,500 for the nine months, compared with $638,600 and $1,363,000 in the prior-year periods.
The company reported third-quarter net income of $470,000, or $0.04 per share, compared with net income of $3,994,400, or $0.34 per share, in the prior-year quarter. For the nine months it reported a net loss of $2,353,100, or $0.20 per share, compared with net income of $692,200, or $0.06 per share, a year earlier. As of September 30, 2026, cash, cash equivalents and investments totaled $5,972,200, and working capital was $7,174,100.
Source: Scientific Industries
Published by GSM · USA (original Chinese edition)
Photo: 图：实验室研究人员正在使用精密称量设备进行测量。作者：Giovanna Canu、Francesca Cirisano、Sofia Gambaro（CNR-ICMATE），CC BY 4.0，维基共享资源。 / Photo: A laboratory researcher measuring with precision weighing equipment. Credit: Giovanna Canu, Francesca Cirisano, Sofia Gambaro, CNR-ICMATE, CC BY 4.0, via Wikimedia Commons.
