CPS Technologies Q1 revenue $7.0M, net loss $0.02 EPS; new CFO appointed

CPS TECHNOLOGIES CORP/DE/

2026-Q1 EPS reported -$0.02 revenue$7,028,748

Revenue $7.0M vs $7.5M YoY; gross margin fell to 8.6% from 16.4%.
Net loss $294K ($0.02/diluted share) vs prior-year profit $96K ($0.01/share).
Chris Fraser appointed CFO, effective May 18, 2026; transition from outgoing CFO.
Post-quarter received $4M hermetic packaging order; Navy SBIR option extended.
Planned facility move to larger complex later in 2026; inventory increased $1.5M to minimize disruption.

item 2.02 item 8.01 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 0.95

CPS TECHNOLOGIES CORP/DE/ reported the three months ended March 28, 2026 results: revenue $7.0 million, net income $(0.3) million, EPS $(0.02) per diluted share.

Period: the three months ended March 28, 2026
Revenue: $7.0 million
Net income: $(0.3) million
EPS: $(0.02) per diluted share
Result: reported results

Exact text from the filing

Corporation (NASDAQ:CPSH) (“CPS” or the “Company”) today announced financial results for the fiscal first quarter ended March 28, 2026. First Quarter Summary ● Revenue of $7.0 million, versus $7.5 million in the prior-year period, reflecting order timing; continued revenue growth is expected in future quarters. ● Gross margin of 8.6 percent versus 16.4 percent

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Source: SEC EDGAR

accession 0001437749-26-015161

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