Sypris Solutions Inc income statement
In fiscal 2025, Sypris Solutions Inc reported revenue of $120m, down 14.5% on the year before, operating income of −$6.6m (a -5.5% margin) and net income of −$6.3m, or −$0.28 per diluted share. Every line below comes from the company's 10-K and 10-Q filings; column headings link to the filing.
Income statement
| Fiscal year | 2010Dec 2010 | 2011Dec 2011 | 2012Dec 2012 | 2013Dec 2013 | 2014Dec 2014 | 2015Dec 2015 | 2016Dec 2016 | 2017Dec 2017 | 2018Dec 2018 | 2019Dec 2019 | 2020Dec 2020 | 2021Dec 2021 | 2022Dec 2022 | 2023Dec 2023 | 2024Dec 2024 | 2025Dec 2025 | LTMJul 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 267 | 336 | 342 | 311 | 355 | 145 | 92 | 82 | 88 | 88 | 82 | 97 | 110 | 136 | 140 | 120 | 115 |
| Cost of revenue | 242 | 300 | 298 | 281 | 316 | 145 | 91 | 79 | 80 | 78 | 70 | 83 | 95 | 119 | 120 | 110 | 109 |
| Gross profit | 25 | 35 | 44 | 30 | 39 | 0 | 1 | 3 | 8 | 10 | 12 | 15 | 15 | 17 | 20 | 9 | 6 |
| Research and development | 3 | 3 | 4 | 3 | 1 | 1 | 0 | 0 | 0 | — | — | — | — | — | — | — | — |
| Selling, general and administrative | 27 | 28 | 31 | 30 | 36 | 28 | 22 | 13 | 10 | 14 | 12 | 13 | 14 | 16 | 17 | 16 | 17 |
| Operating income | −7 | 6 | 9 | −10 | 3 | −30 | −23 | −12 | −4 | −4 | 0 | 2 | 0 | 1 | 3 | −7 | −11 |
| Interest expense | 2 | 2 | 0 | 1 | 1 | 4 | 5 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 2 | 2 | 2 |
| Income before tax | −9 | 11 | 13 | −10 | 3 | −25 | 6 | −11 | −4 | −4 | −1 | 4 | −2 | −1 | 0 | −6 | −11 |
| Income tax | 1 | 3 | 2 | −0 | 5 | 2 | 0 | −1 | −0 | −0 | −3 | 1 | 1 | 1 | 2 | 0 | −0 |
| Net income | −10 | 8 | 3 | −10 | −1 | −27 | 6 | −11 | −4 | −4 | 2 | 3 | −2 | −2 | −2 | −6 | −11 |
| Diluted EPS | −$0.55 | $0.40 | $0.13 | −$0.51 | −$0.06 | −$1.38 | $0.30 | −$0.53 | −$0.17 | −$0.19 | $0.08 | $0.13 | −$0.11 | −$0.07 | −$0.08 | −$0.28 | −$0.48 |
| Diluted shares (average) | — | 19m | 19m | 19m | 20m | 20m | 20m | 20m | 21m | 21m | 21m | 23m | 22m | 22m | 22m | 22m | 22m |
| EBITDA | 7 | 20 | 21 | 2 | 13 | −21 | −16 | −8 | −2 | −2 | 3 | 5 | 3 | 4 | 6 | −4 | −8 |
| Quarter | 2024 Q3Sept 2024 | 2024 Q4Dec 2024 | 2025 Q1Mar 2025 | 2025 Q2Jun 2025 | 2025 Q3Sept 2025 | 2025 Q4Dec 2025 | 2026 Q1Apr 2026 | 2026 Q2Jul 2026 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 36 | 33 | 30 | 31 | 29 | 30 | 26 | 30 |
| Cost of revenue | 30 | 28 | 26 | 29 | 27 | 29 | 25 | 28 |
| Gross profit | 6 | 5 | 3 | 3 | 2 | 1 | 1 | 2 |
| Selling, general and administrative | 4 | 4 | 3 | 4 | 4 | 5 | 4 | 4 |
| Operating income | 2 | 1 | −0 | −1 | −2 | −3 | −4 | −2 |
| Interest expense | 1 | 0 | 0 | 0 | 0 | 1 | 1 | 1 |
| Income before tax | 1 | 1 | −1 | −2 | 0 | −4 | −4 | −3 |
| Income tax | 1 | 1 | 0 | 0 | −0 | −0 | −0 | −0 |
| Net income | 0 | 0 | −1 | −2 | 1 | −4 | −4 | −3 |
| Diluted EPS | $0.02 | $0.00 | −$0.04 | −$0.09 | $0.02 | −$0.20 | −$0.18 | −$0.14 |
| EBITDA | 3 | 2 | 1 | −1 | −1 | −3 | −3 | −2 |
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