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Techprecision (TPCS) Q1 FY26 earnings results (first quarter fiscal 2026)
10-Q filed Aug 21, 2025
Techprecision (TPCS) reported revenue of $7.4M for the first quarter fiscal 2026 (Q1 FY26), -8% from a year earlier and -22% from the quarter before. Operating margin was -6.3%, net loss $597K (8.1% of revenue).
Techprecision, Q1 FY26: revenue $7.4M (-8% year over year), operating margin -6.3%, net loss $597K, operating cash flow $646K. The chart follows the revenue to costs, profit and cash.
| Q1 FY26 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $7.4M | -22% | -8% |
| Operating profit | −$463K | -226% | — |
| Net earnings | −$597K | -633% | — |
| Operating cash flow | $646K | +63% | +504% |
What changed
Revenue was $7.4M in Q1 FY26, down 8% year over year and down 22% from the previous quarter. Ranor was the largest line at 57% of revenue. Stadco lost $467K year over year (down 13%), 77% of the total change.
Gross margin was 14.0%, up 11.0 points from a year earlier. Operating costs exceeded revenue by $463K, an operating margin of -6.3%. Operating expenses fell 6% while revenue fell 8%. The quarter ended with a net loss of $597K, after a profit of $112K the previous quarter.
Operating cash flow was $646K (up 504% year over year). Non-cash charges added back $701K of depreciation and amortization and $69K of share-based compensation. Working capital and other items added $473K. Capital expenditures of $1.2M exceeded it, leaving free cash flow of −$604K.
Questions
What was Techprecision's revenue in the first quarter fiscal 2026?
Techprecision (TPCS) reported revenue of $7.4M for the first quarter fiscal 2026 (Q1 FY26), -8% from a year earlier and -22% from the quarter before.
Was Techprecision profitable in the first quarter fiscal 2026?
Operating loss was $463K (-6.3% of revenue) and net loss $597K.
Source: Techprecision 10-Q on SEC EDGAR.