Filing Flows › CPS Technologies (CPSH) › Q1 2026
CPS Technologies (CPSH) Q1 2026 earnings results (first quarter 2026)
10-Q filed May 5, 2026
CPS Technologies (CPSH) reported revenue of $7.0M for the first quarter 2026 (Q1 2026), -6% from a year earlier and -14% from the quarter before. Operating margin was -7.4%, net loss $294K (4.2% of revenue).
CPS Technologies, Q1 2026: revenue $7.0M (-6% year over year), operating margin -7.4%, net loss $294K, operating cash flow −$292K. The chart follows the revenue to costs, profit and cash.
| Q1 2026 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $7.0M | -14% | -6% |
| Operating profit | −$523K | — | -503% |
| Net earnings | −$294K | -2436% | -407% |
| Operating cash flow | −$292K | — | — |
What changed
Revenue was $7.0M in Q1 2026, down 6% year over year and down 14% from the previous quarter.
Gross margin was 8.6%, down 7.8 points from Q1 2025. Operating costs exceeded revenue by $523K, an operating margin of -7.4%. Operating expenses grew 3% against a revenue fall of 6%. The quarter ended with a net loss of $294K, after a profit of $13K the previous quarter. Non-operating items added $146K, -39% of pre-tax earnings, so the bottom line overstates operating performance.
Operating cash flow was −$292K. Non-cash charges added back $151K of depreciation and amortization and $48K of share-based compensation. Working capital and other items used $197K. Capital expenditures of $476K exceeded it, leaving free cash flow of −$768K.
Questions
What was CPS Technologies' revenue in the first quarter 2026?
CPS Technologies (CPSH) reported revenue of $7.0M for the first quarter 2026 (Q1 2026), -6% from a year earlier and -14% from the quarter before.
Was CPS Technologies profitable in the first quarter 2026?
Operating loss was $523K (-7.4% of revenue) and net loss $294K.
Source: CPS Technologies 10-Q on SEC EDGAR.