Techprecision Corp income statement
In fiscal 2026, Techprecision Corp reported revenue of $31.6m, down 7.0% on the year before, operating income of −$1.1m (a -3.4% margin) and net income of −$1.7m, or −$0.17 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 | 2011Mar 2011 | 2012Mar 2012 | 2013Mar 2013 | 2014Mar 2014 | 2015Mar 2015 | 2016Mar 2016 | 2017Mar 2017 | 2018Mar 2018 | 2019Mar 2019 | 2020Mar 2020 | 2021Mar 2021 | 2022Mar 2022 | 2023Mar 2023 | 2024Mar 2024 | 2025Mar 2025 | 2026Mar 2026 | LTMJun 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 32 | 33 | 32 | 21 | 18 | 17 | 19 | 19 | 17 | 16 | 16 | 22 | 31 | 32 | 34 | 32 | 33 |
| Cost of revenue | 22 | 28 | 26 | 22 | 16 | 11 | 12 | 15 | 12 | 13 | 12 | 19 | 27 | 27 | 30 | 27 | 28 |
| Gross profit | 10 | 5 | 7 | −1 | 2 | 5 | 6 | 4 | 5 | 3 | 3 | 3 | 5 | 4 | 4 | 5 | 5 |
| Research and development | — | 0 | 0 | 0 | 0 | 0 | 0 | — | — | — | — | — | — | — | — | — | — |
| Selling, general and administrative | 5 | 8 | 8 | 6 | 5 | 3 | 4 | 3 | 3 | 3 | 3 | 5 | 6 | 9 | 6 | 6 | 6 |
| Operating income | 5 | −3 | −2 | −7 | −2 | 2 | 3 | 1 | 2 | −0 | 1 | −2 | −1 | −5 | −2 | −1 | −1 |
| Interest expense | 0 | 0 | 0 | 0 | 2 | 1 | 1 | 0 | 0 | 0 | 0 | 0 | 0 | 1 | 1 | 0 | 0 |
| Income before tax | 4 | −4 | −2 | −7 | −4 | 1 | 2 | 1 | 2 | −0 | 0 | −1 | −1 | −5 | −3 | −2 | −1 |
| Income tax | 2 | −1 | 0 | −0 | −0 | −0 | −3 | 1 | 0 | −0 | 0 | −0 | 0 | 2 | −0 | 0 | 0 |
| Net income | 3 | −2 | −2 | −7 | −4 | 1 | 5 | −0 | 1 | −0 | 0 | −0 | −1 | −7 | −3 | −2 | −1 |
| Diluted EPS | $1.92 | −$2.08 | −$2.08 | −$5.44 | −$2.40 | $0.80 | $2.88 | −$0.16 | $0.64 | −$0.16 | $0.16 | −$0.16 | −$0.11 | −$0.81 | −$0.29 | −$0.17 | −$0.12 |
| Diluted shares (average) | 1m | 1m | 1m | 1m | 2m | 2m | 2m | 2m | 2m | 2m | 2m | 2m | 9m | 9m | 9m | 10m | 10m |
| EBITDA | 5 | −3 | −1 | −6 | −1 | 3 | 4 | 2 | 3 | 1 | 1 | −0 | 1 | −2 | 1 | 2 | 2 |
| Quarter | 2025 Q2Sept 2024 | 2025 Q3Dec 2024 | 2025 Q4Mar 2025 | 2026 Q1Jun 2025 | 2026 Q2Sept 2025 | 2026 Q3Dec 2025 | 2026 Q4Mar 2026 | 2027 Q1Jun 2026 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 8,946 | 7,622 | 9,477 | 7,379 | 9,086 | 7,094 | 8,085 | 9,096 |
| Cost of revenue | 7,932 | 6,631 | 7,392 | 6,349 | 6,628 | 6,713 | 6,979 | 7,696 |
| Gross profit | 1,014 | 991 | 2,085 | 1,030 | 2,458 | 381 | 1,106 | 1,400 |
| Selling, general and administrative | 1,502 | 1,687 | 1,718 | 1,493 | 1,516 | 1,733 | 1,300 | 1,445 |
| Operating income | −488 | −696 | 367 | −463 | 942 | −1,352 | −194 | −45 |
| Interest expense | 113 | 147 | 149 | 135 | 118 | 121 | 111 | 106 |
| Income before tax | −601 | −799 | 110 | −597 | 825 | −1,473 | −388 | −153 |
| Income tax | — | — | — | 0 | 0 | 0 | 31 | 0 |
| Net income | −601 | −799 | 112 | −597 | 825 | −1,473 | −419 | −153 |
| Diluted EPS | −$0.06 | −$0.08 | $0.01 | −$0.06 | $0.08 | −$0.15 | −$0.04 | −$0.02 |
| EBITDA | 204 | 6 | 1,070 | 238 | 1,645 | −658 | 502 | 653 |
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