Filing Flows › Sypris Solutions (SYPR) › Q4 2024
Sypris Solutions (SYPR) Q4 2024 earnings results (fourth quarter 2024)
10-K filed Mar 27, 2025
Sypris Solutions (SYPR) reported revenue of $33.4M for the fourth quarter 2024 (Q4 2024), -4% from a year earlier and -6% from the quarter before. Operating margin was 3.9%, net earnings $135K (0.4% of revenue).
Sypris Solutions, Q4 2024: revenue $33.4M (-4% year over year), operating margin 3.9%, net earnings $135K, operating cash flow $2.3M. The chart follows the revenue to costs, profit and cash.
| Q4 2024 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $33.4M | -6% | -4% |
| Gross profit | $5.4M | -10% | +23% |
| Operating profit | $1.3M | -25% | — |
| Net earnings | $135K | -65% | — |
| Operating cash flow | $2.3M | — | — |
| Free cash flow | $1.9M | — | — |
What changed
Revenue was $33.4M in Q4 2024, down 4% year over year and down 6% from the previous quarter.
Gross margin was 16.1%, up 3.5 points from a year earlier. Operating profit was $1.3M, a 3.9% margin (up 4.7 points year over year). Operating expenses fell 12% while revenue fell 4%. Net earnings were $135K. The effective tax rate was 79.1%.
Operating cash flow was $2.3M, 1713% of net earnings. Non-cash charges added back $732K of depreciation and amortization and $208K of share-based compensation. Working capital and other items added $1.2M. Capital expenditures of $417K left free cash flow of $1.9M.
Questions
What was Sypris Solutions' revenue in the fourth quarter 2024?
Sypris Solutions (SYPR) reported revenue of $33.4M for the fourth quarter 2024 (Q4 2024), -4% from a year earlier and -6% from the quarter before.
Was Sypris Solutions profitable in the fourth quarter 2024?
Operating profit was $1.3M (3.9% of revenue) and net earnings $135K.
Source: Sypris Solutions 10-K on SEC EDGAR.