Business/Financial Results (Form 8-K)

IEH CORPORATION FILED FORM 10-K FOR FISCAL YEAR ENDED MARCH 31, 2026

Brooklyn, NY., June 12, 2026 - IEH Corporation (OTCQX: IEHC) today filed with the Securities and Exchange Commission (SEC) its Annual Report on Form 10-K for the fiscal year ended March 31, 2026.

Highlights include:

For the Fiscal Year ended March 31, 2026, IEH had revenues of $29,417,600 as compared to $28,783,861 for the Fiscal Year ended March 31, 2025, reflecting a 2.2% increase; an operating loss of $1,625,634 for Fiscal Year 2026 as compared to operating income of $574,862 for Fiscal Year 2025; a net income loss of $1,333,285 as compared to net income of $999,038 for Fiscal Year 2025; and a basic loss per share of $.53 as compared to a basic earnings per share of $.42 for Fiscal Year 2025.

Dave Offerman, President and CEO of IEH Corporation commented, "While our Fiscal Year 2026 had its share of challenges, especially as it relates to our margins, we've experienced several positive developments which position us well for long-term growth.

The steep, multi-year price increase in gold - one of our largest material costs - has exerted downward pressure on our margins. Tariffs added to this, since we've traditionally relied on overseas suppliers for much of our inputs. We have taken steps to mitigate these costs going forward: aggressively raising prices, investing in equipment to enable greater vertical integration, and diversifying our gold supply. With gold stabilizing in recent months and legal rulings largely nullifying tariffs, we expect these pressures to abate this coming year.

A more positive development is the extraordinary increase in our backlog, due to the surging demand for missile defense programs, along with other military equipment and systems which utilize our Hyperboloid products. Structural changes in defense program procurement, and long-term commitments from our government to the prime defense contractors we serve, have flowed down to IEH and led to a tripling of our backlog in the past year, and a doubling in just the last five months. Our commercial aerospace revenue is also trending upwards, as Boeing is increasing production on the 737Max, a large platform for our parts, and Airbus is similarly scaling up to meet high demand. We are also well-positioned to capitalize from the rapid growth in commercial space launch activities and have continued our efforts to increase our market share in medical devices, through both organic and inorganic means.

With the SEC's dismissal of their administrative proceeding against IEH earlier this year, we were subsequently reinstated on the OTCQX platform. This has enabled greater trading volume and visibility, and our shares have more than doubled in value since the beginning of the calendar year. Efforts to increase investor awareness of our company and story continue, which should lead to further gains, especially as our fundamental results improve.

On behalf of the management team and staff of IEH, we again wish to express our sincere gratitude for the support of our valued shareholders."

About IEH Corporation

For over 85 years and 4 generations of family-run management, IEH Corporation has designed, developed, and manufactured printed circuit board (PCB) connectors, custom interconnects and contacts for high performance applications. With its signature Hyperboloid technology, IEH supplies the most durable, reliable connectors for the most demanding environments. The Company markets primarily to companies in defense, aerospace, medical, space and industrial applications, in the United States, Canada, Europe, Southeast and Central Asia and the Mideast. The Company was founded in 1941 and is headquartered in Brooklyn, New York.