Seeking Alpha·Jun 22, 2026
TechPrecision Corporation (TPCS) Q4 2026 Earnings Call TranscriptTechPrecision Corporation (TPCS) Q4 2026 Earnings Call Transcript
TechPrecision Corporation(TPCS)Earnings, Financials & Key Ratios
TPCS•NASDAQ
$4.93
Price updated Jul 7, 2026
AboutTechPrecision Corporation, together with its subsidiaries, manufactures and sells precision, fabricated, and machined metal structural components and systems in the United States. The company operates through two segments, Ranor and Stadco. It provides custom components for ships, submarines, military helicopters, aerospace equipment, components for nuclear power plants, and components for medical systems. The company also provides support services to its manufacturing capabilities comprising manufacturing engineering, quality control, materials procurement, production control, and final assembly. Its finished products are used various markets, including defense, aerospace, nuclear, medical, and precision industrial. TechPrecision Corporation was founded in 1956 and is headquartered in Westminster, Massachusetts.Show more
- Revenue$32M-7.0%
- EBITDA-$1M-267.2%
- Net Income-$2M+39.4%
- EPS (Diluted)-0.17+41.4%
- Gross Margin15.72%+23.6%
- EBITDA Margin-3.37%-279.9%
- Operating Margin-3.37%+46.8%
- Net Margin-5.26%+34.9%
- ROE-20.28%+39.0%
TPCS Price & Volume
TechPrecision Corporation (TPCS) stock price & volume — 10-year historical chart
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Persistent Operational Losses Threaten Liquidity and Solvency
Investment Thesis • Updated 2026Q4
VerdictNegative
Growth:Contracting
Profitability:Negative
Financial:Vulnerable
Cash Flow:Burning
Primary Risk:Existential liquidity and execution
Key Thesis Takeaways
- TechPrecision Corporation faces significant structural challenges as its project-based defense manufacturing model struggles to generate consistent profitability, evidenced by a -5.2% net margin in 2026Q4.
- The company's reliance on long-lead-time contracts creates extreme volatility in cash flows and earnings, while an aging asset base and high fixed-cost overhead continue to erode shareholder equity.
- Investors should remain cautious as the firm's $431,000 cash balance provides a minimal buffer against operational disruptions or further project delays.
Verdict Logic
the company's inability to maintain positive operating income, combined with a precarious cash balance of only $431,000, suggests a high risk of future dilutive financing to sustain operations.
TPCS Growth Metrics
TechPrecision Corporation (TPCS) revenue, earnings & EPS growth — 3, 5 & 10-year CAGR
Revenue CAGR
10 Years6.5%
5 Years15.2%
3 Years0.22%
TTM-7.02%
Profit CAGR
10 Years-
5 Years-
3 Years-
TTM39.45%
EPS CAGR
10 Years-
5 Years-
3 Years-
TTM40.97%
Return on Capital
10 Years0.2%
5 Years-10.72%
3 Years-13.59%
Last Year-6.95%
TPCS Recent Earnings
TechPrecision Corporation (TPCS) EPS & revenue vs analyst estimates — last 4 quarters
Q3 2026Latest
Jun 22, 2026Metric
Actual
Est
EPS
$0.04
—
Rev
$8M
—
Q1 2026
Feb 17, 2026Metric
Actual
Est
EPS
$0.15
—
Rev
$7M
—
Q4 2025
Nov 13, 2025Metric
Actual
Est
EPS
$0.08
—
Rev
$9M
—
Q3 2025
Aug 21, 2025Metric
Actual
Est
EPS
$0.06
—
Rev
$7M
—
| Quarter | Date | EPS (Act vs Est) | Revenue (Act vs Est) |
|---|---|---|---|
| Q3 2026Latest | Jun 22, 2026 | $0.04 | $8M |
| Q1 2026 | Feb 17, 2026 | $0.15 | $7M |
| Q4 2025 | Nov 13, 2025 | $0.08 | $9M |
| Q3 2025 | Aug 21, 2025 | $0.06 | $7M |
Based on last 12 quarters of dataView full earnings history →
Latest TPCS News
Recent stock market news and headlines for TechPrecision Corporation (TPCS)
Accesswire·Jun 22, 2026
TechPrecision Corporation Reports Fiscal Year 2026 Fourth Quarter and Year End Financial ResultsThe Company achieves gross margin expansion of 300 bps for the fiscal 2026 full year period. FY 2027 guidance - Revenue growth +10% to $35.0M-$37.0M, EBITDA growth +80% to $3.0M-$4.0M WESTMINSTER, MA / ACCESS Newswire / June 22, 2026 / TechPrecision Corporation (NASDAQ:TPCS) ("TechPrecision" or "the Company"), a custom manufacturer of precision, large-scale fabrication components and precision, large-scale machined metal structural components, today reported financial results for the fourth quarter and fiscal year ended March 31, 2026.
Accesswire·Jun 22, 2026
TechPrecision Corporation Schedules Conference Call to Report Fiscal 2026 Fourth Quarter and Year End Financial ResultsWESTMINSTER, MA / ACCESS Newswire / June 22, 2026 / TechPrecision Corporation (NASDAQ:TPCS) ("TechPrecision" or "the Company"), a custom manufacturer of precision, large-scale fabrication components and precision, large-scale machined metal structural components, today announced it plans to release financial results for its 2026 fiscal fourth quarter and year end on Monday, June 22, 2026 after market close. The Company will hold a conference call at 4:30 p.m.
Peers Comparison
Key metrics vs top competitors for TechPrecision Corporation (TPCS)
| Company | Price | Market Cap | P/E Ratio | Rev Growth (1Y) | Net Margin | ROE | Div Yield |
|---|---|---|---|---|---|---|---|
| $4.93 | $49.42M | -29.00 | -7.01% | -5.26% | -20.28% | — | |
| $45.47 | $12.13B | 44.15 | 12.8% | 7.85% | 10.79% | — | |
| $221.06 | $5.05B | 87.72 | 2.98% | 5.32% | 4.14% | — | |
| $1309.18 | $73.23B | 40.81 | 11.22% | 21.29% | — | — | |
| $404.84 | $24.13B | 56.31 | 7.3% | 12.85% | 20.25% | — | |
| $766.54 | $28.29B | 59.56 | 12.08% | 14.17% | 19.64% | — |
Compare TPCS vs Peers
TechPrecision Corporation (TPCS) vs competitors — business, growth, and fundamentals comparison against the closest industry rivals.
TPCS SEC Filings & Documents
TechPrecision Corporation (TPCS) SEC filings — annual & quarterly reports (10-K, 10-Q)
8-K Announcements
6Material company update
Jun 22, 2026·SEC
Material company update
May 19, 2026·SEC
Material company update
Feb 17, 2026·SEC
10-K Annual Reports
310-Q Quarterly Reports
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TPCS Frequently Asked Questions
TechPrecision Corporation (TPCS) stock FAQ — growth, dividends, profitability & financials explained
Growth & Financials
What is TechPrecision Corporation's revenue?
TechPrecision Corporation (TPCS) reported $31.6M in revenue for fiscal year 2026. This represents a 56% increase from $20.3M in 2006.
How fast is TechPrecision Corporation growing?
TechPrecision Corporation (TPCS) saw revenue decline by 7.0% over the past year.
Is TPCS profitable?
TechPrecision Corporation (TPCS) reported a net loss of $1.7M for fiscal year 2026.
Dividend & Returns
What is TPCS's return on equity?
TechPrecision Corporation (TPCS) has a return on equity (ROE) of -20.3%. Negative ROE indicates the company is unprofitable.
What is TechPrecision Corporation's free cash flow?
TechPrecision Corporation (TPCS) had negative free cash flow of $3.3M in fiscal year 2026, likely due to heavy capital investments.