Mr. Shrewsbury, CEO and Chairman of TX Rail Products, Inc., commented, "Our results for fiscal 2025 reflect increasing demand across our core end markets and meaningful progress in positioning the business for future growth. We continued to invest in product availability and operational readiness to support expanding opportunities with mining, rail and infrastructure customers. While recent tariffs and higher operating costs impacted near-term margins, we believe the investments we have made strengthen our ability to respond to customer needs, execute on backlog and pursue incremental growth as market conditions evolve."
Fiscal Year 2025 Financial Summary
Revenue for the fiscal year ended September 30, 2025, was $8.3 million as compared to $8.1 million for the prior fiscal year, an increase of 1.3%.
Cost of goods sold was $6.1 million as compared to $5.9 million for the prior fiscal year, an increase of 3.4%.
Gross profit for the fiscal year ended September 30, 2025 decreased as a percentage of revenue from 27.2% to 25.7% when compared to the prior fiscal year. The decrease in gross profit as a percentage of revenue is the result of the mix of products sold in the fiscal year.
Operating expenses for the fiscal year ended September 30, 2025, were $1.1 million as compared to $894,000 for the 12 months ended ...
