Table Trac Reports 81.6% Revenue Growth to $4.24 Million in Q2 2026

Table Trac, Inc. reported significant financial growth in its latest quarterly filing, with revenues reaching $4.24 million for the three months ended June 30, 2026, compared to $2.34 million for the same period in 2025, marking an increase of 81.6%. For the first half of 2026, total revenues were $8.16 million, up from $5.87 million in the prior year, reflecting a 38.9% increase. The company’s net income also saw substantial growth, rising to $1.00 million, or $0.22 per share, for the second quarter, compared to $144,782, or $0.03 per share, in the same quarter last year. For the six-month period, net income was $1.98 million, up from $927,021 in 2025.

The financial performance was bolstered by an increase in system sales, which accounted for $1.97 million in the second quarter, a significant rise from $275,585 in the previous year. The company delivered six new systems during the quarter, compared to just one in the same period last year. This increase in installations contributed to a rise in cost of sales, which grew to $1.28 million from $579,301, primarily due to the higher number of installations and associated material costs. Despite the increase in costs, the gross profit margin remained relatively strong at 69.8% for the quarter.

Operationally, Table Trac expanded its customer base, serving over 115 casino operators across more than 300 casinos worldwide, with 93.6% of revenues generated from U.S. customers. The company’s total assets increased to $16.32 million as of June 30, 2026, up from $14.37 million at the end of 2025. The company also reported a rise in accounts receivable, which increased to $3.05 million from $2.76 million, indicating a growing customer base and demand for its products.

In terms of strategic developments, Table Trac continues to innovate within the casino management technology sector, focusing on enhancing its product offerings and expanding its intellectual property portfolio. The company has filed several patent applications related to new technologies aimed at improving casino operations. Additionally, Table Trac declared a cash dividend of $0.02 per share, payable in September 2026, reflecting its commitment to returning value to shareholders.

Looking ahead, Table Trac's management expressed confidence in the company's ability to sustain its growth trajectory, supported by a solid cash position of $8.15 million and a $500,000 revolving credit line with no outstanding borrowings. The company anticipates continued demand for its systems and services, driven by ongoing expansions in both domestic and international markets.