Solid State posts annual revenue of £154.1 million as defence demand supports profit
Solid State reports higher annual revenue and adjusted operating profit for the 12 months ended March 31, 2026, helped by continued demand across defence and security markets. The sector contributes about 47% of group revenue, while the company says current trading is in line with board expectations for FY26/27.
Highlights
- Solid State PLC posts FY25/26 revenue of £154.1 million and adjusted operating profit of £9.6 million, supported by robust defence sector demand.
- Defence and security market represents approximately 47% of group revenue for the period, demonstrating its significance to overall company performance.
- The systems division delivers 47.8% revenue growth to £62.5 million, boosted by a £23.3 million communications programme contribution.
Full-year performance and trading outlook
As reported by the London Stock Exchange's Regulatory News Service, Solid State PLC says revenue reaches £154.1 million and adjusted operating profit totals £9.6 million in FY25/26.The company, which supplies value-added components and design-in manufacturing for computing, power and communications products, says performance is underpinned by strong demand from the defence and security sector. That market accounts for about 47% of group revenue during the period.
Solid State also says current trading is in line with board expectations for FY26/27, indicating stable momentum at the start of the new financial year.
Systems division growth and investor schedule
The group's systems division records revenue growth of 47.8% to £62.5 million during the period. The increase is driven by the recognition of a £23.3 million communications programme.Alongside the final results, the company schedules an analysts' briefing and investor presentation for today and tomorrow, pointing to further engagement with the market as it outlines performance and near-term expectations.
Our earlier article on Sir Keir Starmer’s planned defence spending increase and end-of-term policy push outlined his aim to approve a £14.5–£15 billion boost ahead of the NATO summit, alongside other last-minute decisions before a leadership handover. We also noted that an extended transition timetable could constrain major policymaking and shape how quickly the next administration sets priorities—an important backdrop as defence-related demand continues to influence UK-facing companies.
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