Filing Flows › Techprecision (TPCS) › Q1 FY27
Techprecision (TPCS) Q1 FY27 earnings results (first quarter fiscal 2027)
10-Q filed Aug 13, 2026
Techprecision (TPCS) reported revenue of $9.1M for the first quarter fiscal 2027 (Q1 FY27), +23% from a year earlier and +13% from the quarter before. Operating margin was -0.5%, net loss $153K (1.7% of revenue).
Techprecision, Q1 FY27: revenue $9.1M (+23% year over year), operating margin -0.5%, net loss $153K, operating cash flow $1.9M. The chart follows the revenue to costs, profit and cash.
| Q1 FY27 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $9.1M | +13% | +23% |
| Operating profit | −$45K | — | — |
| Net earnings | −$153K | — | — |
| Operating cash flow | $1.9M | +633% | +194% |
What changed
Revenue was $9.1M in Q1 FY27, up 23% year over year and up 13% from the previous quarter. Ranor was the largest line at 60% of revenue. Ranor added $1.2M year over year (up 29%), 71% of the total change.
Gross margin was 15.4%, up 1.4 points from Q1 FY26. Operating costs exceeded revenue by $45K, an operating margin of -0.5%. Operating expenses fell 3% while revenue rose 23%. The quarter ended with a net loss of $153K, narrower than the previous quarter's $419K loss. Net interest and other expense of $108K was the main reason.
Operating cash flow was $1.9M (up 194% year over year). Non-cash charges added back $698K of depreciation and amortization and $92K of share-based compensation. Working capital and other items added $1.3M. Capital expenditures of $2.4M exceeded it, leaving free cash flow of −$538K.
Questions
What was Techprecision's revenue in the first quarter fiscal 2027?
Techprecision (TPCS) reported revenue of $9.1M for the first quarter fiscal 2027 (Q1 FY27), +23% from a year earlier and +13% from the quarter before.
Was Techprecision profitable in the first quarter fiscal 2027?
Operating loss was $45K (-0.5% of revenue) and net loss $153K.
Source: Techprecision 10-Q on SEC EDGAR.