TRCK · Track Group, Inc. - Financials
Annual line items from SEC XBRL filings, sourced from EDGAR's Company Facts API with fallback to the quarterly Financial Statement Data Sets. See issuer overview for Form 4 activity and 10-K signals.
Income Statement
| Line item | Q2 '26 | Q1 '26 | Q3 '25 | Q2 '25 | Q1 '25 | Q3 '24 | Q2 '24 | Q1 '24 | Q3 '23 | Q2 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | - | - | - | - | - | - | - | - | - | - |
| Cost of Revenue | $4.45M | $4.85M | $4.50M | $4.24M | $4.24M | $4.92M | $5.02M | $4.76M | $5.03M | $4.57M |
| Gross Profit | $4.49M | $4.27M | $4.59M | $4.11M | $4.42M | $4.27M | $3.97M | $4.20M | $3.66M | $3.74M |
| R&D | $699.3K | $694.1K | $675.9K | $750.6K | $669.4K | $700.2K | $701.2K | $682.5K | $750.1K | $706.8K |
| SG&A | $2.24M | $2.23M | $2.08M | $2.13M | $2.43M | $3.09M | $3.17M | $2.76M | $2.23M | $2.87M |
| Total Operating Expenses | $4.08M | $3.48M | $3.84M | $4.07M | $4.30M | $4.79M | $4.92M | $4.39M | $3.94M | $4.59M |
| D&A | $228.0K | $1.01M | $227.6K | $227.4K | $962.8K | $234.8K | $236.5K | $1.03M | $247.1K | $247.6K |
| Operating Income | $409.5K | $787.2K | $750.8K | $44.0K | $128.6K | ($518.5K) | ($955.2K) | ($183.1K) | ($279.1K) | ($850.2K) |
| Interest Expense | $565.8K | $628.6K | - | - | $571.8K | $430.8K | $428.9K | $486.1K | $430.8K | $401.0K |
| Income Tax | $0 | $67.8K | $1.7K | $30.1K | $71.2K | ($267.0K) | ($4.3K) | ($82.6K) | $405.2K | $305.9K |
| Net Income | ($711.4K) | $514.7K | $1.43M | ($517.1K) | ($2.01M) | ($870.1K) | ($1.90M) | $461 | ($697.2K) | ($1.49M) |
| EPS - Basic | ($0.06) | $0.04 | $0.12 | ($0.04) | ($0.17) | ($0.07) | ($0.16) | $0.00 | ($0.31) | $0.04 |
| EPS - Diluted | $0.06 | ($0.04) | ($0.12) | $0.04 | $0.17 | $0.07 | $0.16 | $0.00 | ($0.06) | $0.04 |
Balance Sheet
| Line item | Q2 '26 | Q1 '26 | Q3 '25 | Q2 '25 | Q1 '25 | Q3 '24 | Q2 '24 | Q1 '24 | Q3 '23 | Q2 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash & Equivalents | $5.10M | $3.56M | $4.10M | $3.42M | $3.74M | $3.57M | $3.65M | $3.73M | $4.06M | $4.01M |
| Accounts Receivable | $4.59M | $6.12M | $6.46M | $5.09M | $5.32M | $4.43M | $5.55M | $5.66M | $4.54M | $5.49M |
| Inventory | $747.7K | $478.6K | $473.5K | $915.8K | $812.0K | $582.5K | $972.9K | $970.3K | $1.29M | $991.8K |
| Accounts Payable | $3.03M | $3.70M | $3.71M | $2.40M | $3.34M | $3.08M | $3.64M | $3.28M | $2.80M | $2.22M |
| Current Assets | $10.71M | $10.48M | $11.38M | $9.85M | $10.29M | $10.19M | $11.89M | $10.86M | $10.49M | $11.01M |
| Total Assets | $39.57M | $39.67M | $40.30M | $36.97M | $37.76M | $37.67M | $39.77M | $40.61M | $40.24M | $42.84M |
| Current Liabilities | $8.60M | $8.32M | $8.60M | $5.72M | $5.88M | $6.45M | $7.30M | $6.17M | $5.68M | $5.78M |
| Long-term Debt | $42.76M | $42.74M | $42.72M | $42.68M | $42.66M | $42.64M | $42.77M | $42.80M | $42.80M | $42.87M |
| Total Liabilities | $51.79M | $51.54M | $51.85M | $49.03M | $49.22M | $49.28M | $50.30M | $49.21M | $48.74M | $48.98M |
| Stockholders' Equity | ($12.22M) | ($11.87M) | ($11.54M) | ($12.06M) | ($11.46M) | ($11.61M) | ($10.54M) | ($8.60M) | ($8.49M) | ($6.14M) |
| Retained Earnings | ($315.34M) | ($314.63M) | ($315.15M) | ($315.79M) | ($315.27M) | ($312.69M) | ($311.51M) | ($309.61M) | ($309.61M) | ($307.67M) |
Cash Flow
| Line item | Q2 '26 | Q1 '26 | Q3 '25 | Q2 '25 | Q1 '25 | Q3 '24 | Q2 '24 | Q1 '24 | Q3 '23 | Q2 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | - | $1.04M | - | - | ($217.3K) | - | - | $642.3K | - | - |
| Investing Cash Flow | - | ($1.52M) | - | - | ($204.3K) | - | - | ($856.5K) | - | - |
| Financing Cash Flow | - | ($58.7K) | - | - | ($63.8K) | - | - | ($124.3K) | - | - |
| CapEx | - | - | - | - | - | - | - | - | - | - |
| Free Cash Flow | - | - | - | - | - | - | - | - | - | - |
Ratios
| Metric | Q2 '26 | Q1 '26 | Q3 '25 | Q2 '25 | Q1 '25 | Q3 '24 | Q2 '24 | Q1 '24 | Q3 '23 | Q2 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Profitability | ||||||||||
| Gross margin | - | - | - | - | - | - | - | - | - | - |
| Operating margin | - | - | - | - | - | - | - | - | - | - |
| EBITDA margin | - | - | - | - | - | - | - | - | - | - |
| Net margin | - | - | - | - | - | - | - | - | - | - |
| Free cash flow margin | - | - | - | - | - | - | - | - | - | - |
| FCF / Net income | - | - | - | - | - | - | - | - | - | - |
| R&D / Revenue | - | - | - | - | - | - | - | - | - | - |
| SG&A / Revenue | - | - | - | - | - | - | - | - | - | - |
| Effective tax rate | - | 11.6% | 0.1% | - | - | - | - | - | - | - |
| Return on assets | -1.8% | 1.3% | 3.6% | -1.4% | -5.3% | -2.3% | -4.8% | 0.0% | -1.7% | -3.5% |
| Return on equity | 5.8% | -4.3% | -12.4% | 4.3% | 17.6% | 7.5% | 18.1% | -0.0% | 8.2% | 24.2% |
| Return on invested capital | 1.1% | 2.3% | 2.4% | 0.1% | 0.3% | -1.3% | -2.3% | -0.4% | -0.6% | -1.8% |
| Liquidity | ||||||||||
| Current ratio | 1.24 | 1.26 | 1.32 | 1.72 | 1.75 | 1.58 | 1.63 | 1.76 | 1.85 | 1.90 |
| Quick ratio | 1.16 | 1.20 | 1.27 | 1.56 | 1.61 | 1.49 | 1.49 | 1.60 | 1.62 | 1.73 |
| Cash ratio | 0.59 | 0.43 | 0.48 | 0.60 | 0.64 | 0.55 | 0.50 | 0.60 | 0.71 | 0.69 |
| Leverage | ||||||||||
| Debt / Equity | -3.50 | -3.60 | -3.70 | -3.54 | -3.72 | -3.67 | -4.06 | -4.98 | -5.04 | -6.98 |
| Debt / Assets | 1.08 | 1.08 | 1.06 | 1.15 | 1.13 | 1.13 | 1.08 | 1.05 | 1.06 | 1.00 |
| Debt / EBITDA | 67.07 | 23.84 | 43.67 | 157.24 | 39.09 | - | - | 50.58 | - | - |
| Interest coverage | 0.7x | 1.3x | - | - | 0.2x | -1.2x | -2.2x | -0.4x | -0.6x | -2.1x |
| Equity multiplier | -3.24 | -3.34 | -3.49 | -3.07 | -3.30 | -3.24 | -3.77 | -4.72 | -4.74 | -6.97 |
| Liabilities / Assets | 1.31 | 1.30 | 1.29 | 1.33 | 1.30 | 1.31 | 1.26 | 1.21 | 1.21 | 1.14 |
| Efficiency | ||||||||||
| Asset turnover | - | - | - | - | - | - | - | - | - | - |
| Inventory turnover | 5.96 | 10.13 | 9.50 | 4.63 | 5.23 | 8.44 | 5.16 | 4.91 | 3.91 | 4.60 |
| Days sales outstanding | - | - | - | - | - | - | - | - | - | - |
| Days inventory outstanding | 61d | 36d | 38d | 79d | 70d | 43d | 71d | 74d | 93d | 79d |
| Days payable outstanding | 248d | 278d | 301d | 207d | 287d | 229d | 265d | 251d | 203d | 177d |
| Cash conversion cycle | - | - | - | - | - | - | - | - | - | - |
| Valuation | ||||||||||
| P / E | 7.5x | - | - | 5.0x | 1.1x | 2.6x | 1.6x | - | - | 10.5x |
| P / B | - | - | - | - | - | - | - | - | - | - |
| P / S | - | - | - | - | - | - | - | - | - | - |
| EV / EBITDA | 67.4x | 23.8x | 43.7x | 153.4x | 37.7x | - | - | 49.4x | - | - |
| Growth | ||||||||||
| Revenue growth (YoY) | - | - | - | - | - | - | - | - | - | - |
| Revenue CAGR (3y) | - | - | - | - | - | - | - | - | - | - |
| Revenue CAGR (5y) | - | - | - | - | - | - | - | - | - | - |
| Gross profit growth (YoY) | 9.2% | -3.5% | 7.5% | 3.7% | 5.3% | 16.5% | 6.0% | 0.5% | -7.6% | -17.5% |
| Operating income growth (YoY) | 829.8% | 512.1% | - | - | - | -85.7% | -12.3% | -30.0% | 47.5% | - |
| Net income growth (YoY) | -37.6% | - | - | 72.8% | - | -24.8% | -28.1% | -98.7% | 80.7% | - |
| EPS growth (YoY) | 50.0% | - | - | -75.0% | - | - | 300.0% | - | - | - |
| EPS CAGR (3y) | 14.5% | - | - | - | - | -11.2% | - | - | - | - |
| EPS CAGR (5y) | - | - | - | - | - | - | - | - | - | - |
| FCF growth (YoY) | - | - | - | - | - | - | - | - | - | - |
| FCF CAGR (5y) | - | - | - | - | - | - | - | - | - | - |
| Book value growth (YoY) | -1.3% | -3.6% | 0.6% | -14.5% | -33.3% | -36.7% | -71.5% | -78.9% | -68.0% | - |
Peer comparison
Same SIC group: Communications Equipment, NEC
Comparing Track Group against the 5 most active filers in the same SIC group.