Filing Flows › Sypris Solutions (SYPR) › Q1 2025
Sypris Solutions (SYPR) Q1 2025 earnings results (first quarter 2025)
10-Q filed May 14, 2025
Sypris Solutions (SYPR) reported revenue of $29.5M for the first quarter 2025 (Q1 2025), -17% from a year earlier and -12% from the quarter before. Operating margin was -0.4%, net loss $899K (3.0% of revenue).
Sypris Solutions, Q1 2025: revenue $29.5M (-17% year over year), operating margin -0.4%, net loss $899K, operating cash flow −$5.5M. The chart follows the revenue to costs, profit and cash.
| Q1 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $29.5M | -12% | -17% |
| Operating profit | −$130K | -110% | — |
| Net earnings | −$899K | -766% | — |
| Operating cash flow | −$5.5M | -339% | — |
What changed
Revenue was $29.5M in Q1 2025, down 17% year over year and down 12% from the previous quarter. Sypris Electronics was the largest line at 54% of revenue. Sypris Technologies lost $4.8M year over year (down 26%), 79% of the total change.
Gross margin was 11.4%, up 3.3 points from a year earlier. Operating costs exceeded revenue by $130K, an operating margin of -0.4%. Operating expenses fell 18% while revenue fell 17%. The quarter ended with a net loss of $899K, after a profit of $135K the previous quarter. Net interest and other expense of $467K was the main reason.
Operating cash flow was −$5.5M. Non-cash charges added back $699K of depreciation and amortization and $301K of share-based compensation. Working capital and other items used $5.6M. Capital expenditures of $3K exceeded it, leaving free cash flow of −$5.5M.
Questions
What was Sypris Solutions' revenue in the first quarter 2025?
Sypris Solutions (SYPR) reported revenue of $29.5M for the first quarter 2025 (Q1 2025), -17% from a year earlier and -12% from the quarter before.
Was Sypris Solutions profitable in the first quarter 2025?
Operating loss was $130K (-0.4% of revenue) and net loss $899K.
Source: Sypris Solutions 10-Q on SEC EDGAR.