0001104659-26-016459
SEC filingTechPrecision Corporation reported Q3 2026 revenue of $7.1 million with a gross profit of $381,000, resulting in a gross margin of 5.4%. The company incurred an operating loss of $1.4 million and a net loss of $1.5 million for the quarter. Cash flow from operations was negative $253,000, while investing activities generated $878,000 primarily from equipment purchase reimbursements. The balance sheet shows total assets of $32.8 million, with current assets of $17.6 million and current liabilities of $18.1 million, resulting in negative working capital. Total stockholders' equity stands at $8.0 million with an accumulated deficit of $11.4 million. The company ended the period with $195,000 in cash and cash equivalents.
TechPrecision Corporation reported Q3 2026 financial results with revenue of $7.1 million and a net loss of $1.5 million for the quarter ending December 31, 2025. The company generated gross profit of $381,000, representing a gross margin of 5.4%. Operating expenses totaled $1.7 million in selling, general and administrative costs, resulting in an operating loss of $1.4 million. Interest expense of $121,000 contributed to the total net loss. The company reported basic and diluted net loss per share of $0.00, with weighted average shares outstanding of 10.0 million for both basic and diluted calculations.
The filing does not provide segment breakdown or geographic mix data for revenue analysis. The total revenue of $7.1 million represents the consolidated figure for the quarter. No specific growth drivers or product/service categories are disclosed in the provided financial data. The cost of revenue was $6.7 million, resulting in the $381,000 gross profit. The document does not contain management discussion of revenue composition or comparative analysis with prior periods beyond the basic financial statements provided.
The company's gross margin of 5.4% reflects the relationship between $7.1 million in revenue and $6.7 million in cost of revenue. Operating margin was negative 19.7%, calculated from the $1.4 million operating loss on $7.1 million revenue. The primary cost structure components include $6.7 million in cost of revenue and $1.7 million in selling, general and administrative expenses. No comparative margin data from prior periods is provided in the filing, preventing trend analysis. The net loss margin was 21.1% based on the $1.5 million net loss.
Operating activities used $253,000 in cash, driven by a net loss of $1.2 million adjusted for non-cash items including $2.1 million in depreciation and amortization. Investing activities provided $878,000 primarily from $4.1 million in equipment purchase reimbursements offset by $3.3 million in capital expenditures. Financing activities used $770,000 with significant revolver loan activity ($13.7 million borrowings, $14.0 million payments). The balance sheet shows $32.8 million in total assets with $17.6 million in current assets and $18.1 million in current liabilities. Total debt includes $6.7 million in current portion of long-term debt and $3,000 in long-term equipment financing. Liquidity position shows $195,000 in ending cash.
The filing does not contain management guidance, forward-looking statements, or strategic priorities in the provided content. No risk factors, future projections, or business outlook information is included in the extracted financial data. The document consists solely of financial statement information without accompanying management discussion and analysis section. Therefore, no forward-looking information can be extracted from the provided filing content regarding the company's future performance, strategic initiatives, or market expectations.