Trio-Tech International reported significant financial growth for the fiscal year ending June 30, 2026, with total revenue reaching $62.6 million, a 72% increase from $36.5 million in the previous fiscal year. The Semiconductor Back-end Solutions (SBS) segment was the primary driver of this growth, generating $49 million, up 99% from $24.7 million in fiscal 2025. The Industrial Electronics (IE) segment also saw a 15% increase in revenue, totaling $13.6 million compared to $11.8 million in the prior year. Despite the revenue surge, the overall gross profit margin decreased to 16.6%, down from 25.1% in fiscal 2025, reflecting increased costs and a shift in revenue mix.
The company experienced notable operational changes, including the acquisition of a non-controlling interest in its Malaysia subsidiary, which was completed in December 2025. This strategic move allowed Trio-Tech to consolidate its operations in the region. Additionally, the company reported a backlog of $24.2 million as of June 30, 2026, a substantial increase from $11 million the previous year, indicating strong future demand, particularly in the SBS segment, which accounted for $19.8 million of the backlog.
Trio-Tech's workforce expanded significantly, with full-time employees increasing to approximately 943 as of June 30, 2026, up from 614 the previous year. This growth was primarily driven by the need to support increased operational capacity in the SBS and IE segments. The company also reported improvements in its cash position, with cash and cash equivalents rising to $21.4 million, a 96.8% increase from $10.9 million in fiscal 2025, largely due to proceeds from a direct stock offering that generated approximately $10 million.
Looking ahead, Trio-Tech remains focused on expanding its market presence and diversifying its product offerings beyond the semiconductor industry. The company aims to capture additional market share in its primary markets while exploring new growth opportunities in emerging markets. Management has indicated that they will continue to monitor global trade developments and customer preferences, particularly in light of geopolitical factors affecting the semiconductor industry. The company’s strategic initiatives, including enhancing operational efficiencies and expanding its service offerings, are expected to support its growth trajectory in the coming fiscal periods.
About TRIO-TECH INTERNATIONAL
Trio-Tech International provides reliability testing equipment, testing services, and distribution of electronic components primarily for the semiconductor industry. Its core segments—Semiconductor Back-end Solutions and Industrial Electronics—serve global markets with a focus on quality, customization, and technological innovation. The company leverages extensive industry experience, strategic geographic presence, and long-term customer relationships to deliver testing solutions and electronic products across diverse industrial and consumer markets.
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