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STATES\n\nSECURITIES AND\nEXCHANGE COMMISSION\n\nWashington, D.\nC. 20549\n\n \n\nFORM 10-Q\n\n \n\n☒\nQUARTERLY Report Pursuant to Section 13 or 15(d)\nof the Securities Exchange Act of 1934\n\n \n\nFor the quarterly period\nended March 31, 2026\n\n \n\nOR\n\n \n\n☐\nTRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934\n\n \n\nCommission File Number 1-4383\n\n \n\n \n\nESPEY\nMFG. & ELECTRONICS CORP.\n\n(Exact name of registrant as specified\nin its charter)\n\n \n\nNew\nYork\nTrading Symbol\n14-1387171\n\n(State of incorporation)\nESP\n(I.R.S. Employer's Identification No.)\n\n \n\n233\nBallston Avenue, Saratoga Springs,\nNew York\n12866\n\n(Address of principal executive offices)\n\n \n\n518-245-4400\n\n(Registrant's telephone number, including area\ncode)\n\n \n\nSecurities registered pursuant to Section 12(b)\nof the Act\n\n \n\nTitle of each class\nTrading Symbol\nName of each exchange on which\nregistered\n\nCommon\nStock $.33-1/3 par value\nESP\nNYSE\nAmerican\n\n \n\nIndicate by check mark whether the registrant\n(1) has filed all reports required to be filed by Section 13 or 15(d) of the Securities Exchange Act of 1934 during the preceding 12 months\n(or for such shorter period that the registrant was required to file such reports), and (2) has been subject to such filing requirements\nfor the past 90 days.\n\n☒ Yes\n           ☐ No\n\nIndicate by check mark whether the registrant\nhas submitted electronically every Interactive Date File required to be submitted and posted pursuant to Rule 405 of Regulation S-T during\nthe preceding 12 months (or for such shorter period that the registrant was required to submit and post such files).\n\n☒ Yes\n           ☐ No\n\nIndicate by check mark whether the registrant\nis a large accelerated filer, an accelerated filer, a non-accelerated filer, or a smaller reporting company:\n\n☐\nLarge accelerated filer   \n☐ Non-accelerated\nfiler \n\n☐\nAccelerated filer  \n☒\nSmaller reporting company\n\n \n☐\nEmerging growth company\n\nIf\nan emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying\nwith any new or revised financial accounting standards provided pursuant to Section 13(a) of the Securities Exchange Act. ☐\n\nIndicate\nby check mark whether the registrant is a shell company (as defined in Rule 12b-2 of the Exchange Act). ☐ Yes\n☒\nNo\n\nAt May 6, 2026, there were 2,995,922\nshares outstanding of the registrant's Common stock, $.33-1/3 par value.\n\n \n\n \n\nESPEY MFG. & ELECTRONICS CORP.\n\nQuarterly Report on Form 10-Q\n\nI N D E X\n\n \n\nPART I\n[FINANCIAL INFORMATION](#a_001)\nPAGE"}