Earnings summaries and quarterly performance for TECHPRECISION.
Executive leadership at TECHPRECISION.
Board of directors at TECHPRECISION.
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TechPrecision Reports Q2 2026 Financial Results with Revenue Growth and Improved Margins
TPCS
Earnings
Revenue Acceleration/Inflection
New Projects/Investments
- TechPrecision Corporation reported Q2 fiscal year 2026 consolidated revenue of $9.1 million, a 2% increase compared to the prior year, with net income of $0.8 million or $0.08 per share.
- Consolidated gross profit for Q2 fiscal year 2026 increased by $1.4 million to $2.5 million, resulting in a 16 percentage point improvement in gross margin, driven by favorable customer mix and productivity gains.
- The company maintains a strong $48 million backlog, which is expected to be delivered over the next one to three fiscal years with anticipated gross margin expansion.
- While the Raynor segment performed strongly, the Statco segment, despite a $0.6 million revenue increase and $873,000 improvement in operating income year-over-year, still recorded an operating loss of $0.5 million in Q2 fiscal year 2026, as the company continues to address legacy and underpriced contracts.
- TechPrecision is executing on over $21 million in funded grant money for new equipment from U.S. Navy-related customers at its Raynor segment, reinforcing its focus on the defense sector and securing new quoting opportunities.
Nov 13, 2025, 9:30 PM
TechPrecision Corporation Reports Q2 2026 Financial Results
TPCS
Earnings
Revenue Acceleration/Inflection
- TechPrecision Corporation reported net income of $0.8 million, or $0.08 per share, for the second quarter ended September 30, 2025, a significant improvement from a net loss of $0.6 million in the same period last year.
- The company achieved $9.1 million in revenue for Q2 FY26, a 2% increase year-over-year, with a consolidated gross margin of 27% and gross profit of $2.5 million.
- As of September 30, 2025, the company's backlog reached $47.8 million, which is anticipated to be delivered over the next one to three fiscal years.
- Working capital improved to $0.3 million as of September 30, 2025, from negative $1.7 million on March 31, 2025, while total debt slightly decreased to $7.3 million.
Nov 13, 2025, 9:07 PM
TechPrecision Corp. Extends Revolver Loan Maturity
TPCS
Debt Issuance
- TechPrecision Corporation (through its subsidiary Ranor, Inc. and other borrowers) entered into an amendment with Berkshire Bank to extend the maturity date of its $4,500,000 Revolver Loan.
- The Revolver Loan's maturity date was extended from August 29, 2025, to January 16, 2026.
- The borrowers paid a $8,500.00 modification fee for the amendment.
- The company acknowledged existing defaults under the loan agreement for failing to meet required Debt Service Coverage Ratio and Balance Sheet Leverage for periods ending up to June 30, 2025.
Aug 29, 2025, 8:06 PM
Quarterly earnings call transcripts for TECHPRECISION.
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