---
schema_version: "secwatch.filing_event.v1"
accession: "0001437749-23-005770"
form_type: "8-K"
ticker: "CPSH"
cik: "0000814676"
company_name: "CPS TECHNOLOGIES CORP/DE/"
filed_at: "2023-03-08T23:59:59+00:00"
generated_at: "2026-06-18T09:06:13.586938+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# CPS Tech reports record FY2022 revenue $26.6M, op income $2.2M, both all-time highs

## Summary
- FY2022 revenue $26.6M (+19% YoY); operating income $2.2M (+335% YoY), both record highs.
- Q4 revenue $6.1M, operating profit $309K vs $312K in prior-year quarter.
- Gross margin improved to 27% from 21% in FY2021; net income $2.1M ($0.15 EPS) vs $3.2M ($0.22 EPS) due to prior year tax benefit.
- Cash and equivalents rose to $8.3M from $5.1M; CEO expects continued momentum in 2023.

## SEC filing metadata
- accession: 0001437749-23-005770
- form_type: 8-K
- ticker: CPSH
- cik: 0000814676
- company_name: CPS TECHNOLOGIES CORP/DE/
- filed_at: 2023-03-08T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/814676/000143774923005770/0001437749-23-005770-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/814676/000143774923005770/cpsh20230308_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001437749-23-005770
- JSON: https://secwatch.observer/filing/0001437749-23-005770.json
- Plain text: https://secwatch.observer/filing/0001437749-23-005770.txt

## Key facts
- Earnings Releases
  CPS TECHNOLOGIES CORP/DE/ reported the year ended December 31, 2022 results: revenue $26.6 million, net income $2.13 million, EPS $0.15.
  - Period: the year ended December 31, 2022
  - Revenue: $26.6 million
  - Net income: $2.13 million
  - EPS: $0.15
  - Result: reported results
  source text: For the year ended December 31, 2022 revenues were $26.6 million with an operating profit of $2.2 million.
  evidence_url: https://www.sec.gov/Archives/edgar/data/814676/000143774923005770/0001437749-23-005770-index.htm
- Earnings Releases
  CPS TECHNOLOGIES CORP/DE/ reported the quarter ended December 31, 2022 results: revenue $6.1 million, net income $0.27 million, EPS $0.02.
  - Period: the quarter ended December 31, 2022
  - Revenue: $6.1 million
  - Net income: $0.27 million
  - EPS: $0.02
  - Result: reported results
  source text: CPS Technologies Corporation (NASDAQ:CPSH) today announced revenues of $6.1 million and an operating profit of $309 thousand for the quarter ended December 31, 2022.
  evidence_url: https://www.sec.gov/Archives/edgar/data/814676/000143774923005770/0001437749-23-005770-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.