earnings
confidence high
sentiment neutral
materiality 0.60
TechPrecision Q1 FY2026: Revenue $7.4M, net loss narrows to $0.6M; backlog $50.1M
TECHPRECISION CORP
2026-Q1 EPS reported
-$0.06
revenue$7,379,000
- Revenue $7.4M, down 8% YoY; gross profit $1.0M (14% margin) vs $0.2M prior year.
- Net loss $(0.6)M vs $(1.5)M; operating loss $(0.5)M improved from $(1.3)M.
- Backlog reaches $50.1M as of June 30, 2025, expected to deliver over 1-3 fiscal years.
- Gross margin expanded to 14% on better project mix and productivity at Ranor and Stadco.
- Total debt $5.8M, down from $7.4M at March 31, 2025; working capital negative $0.7M.