TechPrecision
Logotype for TechPrecision Corp

TechPrecision (TPCS) investor relations material

TechPrecision Q3 2026 earnings summary

Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.
Logotype for TechPrecision Corp
Q3 2026 earnings summary17 Feb, 2026

Executive summary

  • Fiscal Q3 2026 revenue was $7.1 million, down 7% year-over-year, mainly due to Stadco's underperformance from delayed customer materials, unfavorable project mix, and higher contract loss provisions.

  • Net loss for Q3 was $1.5 million, or $0.15 per share, reflecting ongoing operational challenges at Stadco; nine-month net loss was $1.2 million, or $0.13 per share.

  • Ranor segment maintained stable performance with $4.4 million revenue and $1.5 million operating profit, while Stadco posted a $1.2 million operating loss on $2.9 million revenue.

  • The company remains focused on cash management, expense control, and securing strategic customer confidence, especially in defense sectors.

  • Achieved significant productivity gains year-to-date, with cost of revenue down 12% and gross profit up 72% compared to the prior year period.

Financial highlights

  • Consolidated gross profit for Q3 was $0.4 million, down 62% year-over-year; nine-month gross profit was $3.9 million, up 72% year-over-year.

  • Nine-month consolidated revenue was $23.6 million, down 4% year-over-year; cost of revenue decreased by $2.6 million due to favorable mix and productivity gains.

  • Q3 SG&A increased 3% to $1.7 million, mainly from higher stock-based compensation; nine-month SG&A decreased 1%.

  • Interest expense declined due to lower costs on term loans and revolver; Q3 interest expense down 18%, nine-month down 5%.

  • Q3 EBITDA was negative $0.7 million; for nine months, negative $0.4 million, improved from negative $1.6 million prior year.

Outlook and guidance

  • Management expects to deliver the $46 million backlog over the next one to three fiscal years, targeting gross margin expansion.

  • New business awards and improved pricing, especially with key customers like Sikorsky, are expected to support future revenue and profitability growth.

  • Leadership is focused on eliminating loss-making legacy contracts and shifting toward repeat, long-term programs.

  • Substantial doubt exists about the ability to continue as a going concern due to recurring losses at Stadco, covenant breaches, and the need to renew or replace the revolver loan by May 15, 2026.

  • Management is focused on improving Stadco profitability, increasing manufacturing utilization, and reducing costs.

Outline path to resolve debt covenant violations
Explain Stadco's negative gross profit trend
Provide timeline for remediating material weaknesses
Stadco's shift to recurring, profitable contracts
Ranor grant impact on capacity and revenue
Strengthen contractual protections and customer selection
Partial view of Summaries dataset, powered by Quartr API
AI can get things wrong. Verify important information.
Research faster. Power your platform.

Next TechPrecision earnings date

Logotype for TechPrecision Corp
Q4 202615 Jun, 2026
TechPrecision
Your earnings 
season toolkit.
Download
Free on both iOS & Android.

Next TechPrecision earnings date

Logotype for TechPrecision Corp
Q4 202615 Jun, 2026

The essential earnings season companion

The #1 app for qualitative research. Live earnings calls, AI chat, transcripts, and more. All for free.

Live calls and transcripts

Listen to earnings calls, CMDs, investor conferences, and more – with a podcast-like experience.

Find what you need faster

Search for any keyword across all transcripts simultaneously.

Easily store key findings

Capturing important takeaways is as simple as it gets. Even during your lunch run or commute.

Your watchlist. Your dashboard.

Follow the companies that matter to you. Get a personalized feed with real-time updates.

Be the first to know

Set keyword alerts for any company, product, or competitor. Get notified the moment they're mentioned.

Consensus estimates

Access analyst consensus estimates, valuation multiples, and revenue segments splits.

All IR material in one place

The easiest way to stay updated during earnings season.

Global coverage

All events from public companies. Live and recorded.

Just click and listen

No webcast links. No manual registrations.

Research anytime, anywhere

Built for professionals. Loved by everyone. Try our free mobile app.

excellent app, it gives me free access to company earnings calls and annual reports. I also love the convenience of calls being available offline so I can listen in whilst doing other things and even when internet or WiFi isn't available.
App-store-avatar.png play-store-avatar.png
Leroy DaleyApp Store
One of the very few apps you could call perfect. If something was to add to it, maybe the share price of the company when you search for it, but it's already excellent.
play-store-avatar
Eferix Drawings Google Play
This is genuinely one of the cleanest and fastest finance apps out there to track the market.
App-store-avatar.png play-store-avatar.png
anuj283App Store
excellent app, it gives me free access to company earnings calls and annual reports. I also love the convenience of calls being available offline so I can listen in whilst doing other things and even when internet or WiFi isn't available.
App-store-avatar.png play-store-avatar.png
Leroy DaleyApp Store
One of the very few apps you could call perfect. If something was to add to it, maybe the share price of the company when you search for it, but it's already excellent.
play-store-avatar
Eferix Drawings Google Play
This is genuinely one of the cleanest and fastest finance apps out there to track the market.
App-store-avatar.png play-store-avatar.png
anuj283App Store
I can't remember the last time an app had such a positive impact on my investment process.
x-avatar
@ankurshah47_ x.com
Love the app! Quartr makes it really easy to keep track of earnings calls. It also includes the reports and slides to make it easier to follow along.
App-store-avatar.png play-store-avatar.png
Amina0781App Store
Quartr is amazing, no way around it. It is the best right now for earnings calls, presentations, and the like.
x-avatar
@theshortbearx.com
I can't remember the last time an app had such a positive impact on my investment process.
x-avatar
@ankurshah47_ x.com
Love the app! Quartr makes it really easy to keep track of earnings calls. It also includes the reports and slides to make it easier to follow along.
App-store-avatar.png play-store-avatar.png
Amina0781App Store
Quartr is amazing, no way around it. It is the best right now for earnings calls, presentations, and the like.
x-avatar
@theshortbearx.com

Frequently asked questions

TechPrecision Corp is a company that specializes in the manufacture and sale of precision, fabricated, and machined metal structural components and systems within the United States. The company's operations are divided into two main segments, Ranor and Stadco, focusing on delivering custom components across various sectors. TechPrecision's products are utilized in defense, aerospace, nuclear, medical, and precision industrial markets, showcasing its capability to provide solutions for ships, submarines, military helicopters, aerospace equipment, components for nuclear power plants, and medical systems. TechPrecision Corp is headquartered in Westminster, Massachusetts, and its shares are listed on the OTCMKTS under the ticker symbol TPCS.

Quartr provides global coverage of all investor relation material from public companies.

  • Mobile app: Research anytime, anywhere with the #1 app for live earnings calls, transcripts, analyst estimates, and more. All for free.

  • Desktop (Quartr Pro): The leading platform for qualitative research, used daily by top firms and financial institutions.

  • Quartr API: Build custom solutions powered by live earnings calls, live transcripts, filings and reports, slide presentations, and more.

Yes, the Quartr mobile app is free on both iOS and Android.

Yes. Quartr provides global, industry-leading live coverage of company events such as regular earnings calls, capital markets days, M&A announcements, and investor conferences. Live with zero delays. Just click and listen.

Yes, capturing important takeaways is as simple as it gets. Even during your lunch run or commute.

Yes. Follow the companies that matter to you. Get a personalized feed with real-time updates, a tailored earnings calendar, and instant alerts when earnings calls go live.

Yes. Set keyword alerts for any company, product, or competitor. Get notified the moment they're mentioned, regardless of who's talking.

Explore our global coverage