Filing Flows › Sypris Solutions (SYPR) › Q1 2026
Sypris Solutions (SYPR) Q1 2026 earnings results (first quarter 2026)
10-Q filed May 19, 2026
Sypris Solutions (SYPR) reported revenue of $25.8M for the first quarter 2026 (Q1 2026), -13% from a year earlier and -15% from the quarter before. Operating margin was -14.0%, net loss $4.1M (16.0% of revenue).
Sypris Solutions, Q1 2026: revenue $25.8M (-12% year over year), operating margin -14.0%, net loss $4.1M, operating cash flow −$2.3M. The chart follows the revenue to costs, profit and cash.
| Q1 2026 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $25.8M | -15% | -13% |
| Operating profit | −$3.6M | — | — |
| Net earnings | −$4.1M | — | — |
| Operating cash flow | −$2.3M | — | — |
What changed
Revenue was $25.8M in Q1 2026, down 13% year over year and down 15% from the previous quarter.
Gross margin was 3.2%, down 8.2 points from Q1 2025. Operating costs exceeded revenue by $3.6M, an operating margin of -14.0%. Operating expenses grew 27% against a revenue fall of 13%. The quarter ended with a net loss of $4.1M, wider than the previous quarter's $3.9M loss.
Operating cash flow was −$2.3M. Non-cash charges added back $760K of depreciation and amortization and $320K of share-based compensation. Working capital and other items added $707K. Capital expenditures of $231K exceeded it, leaving free cash flow of −$2.6M.
Questions
What was Sypris Solutions' revenue in the first quarter 2026?
Sypris Solutions (SYPR) reported revenue of $25.8M for the first quarter 2026 (Q1 2026), -13% from a year earlier and -15% from the quarter before.
Was Sypris Solutions profitable in the first quarter 2026?
Operating loss was $3.6M (-14.0% of revenue) and net loss $4.1M.
Source: Sypris Solutions 10-Q on SEC EDGAR.