TechPrecision Corporation (TPCS) Income Statement
TPCS FY2026 at a glance
Fiscal year ended March 31, 2026 · U.S. dollarsTPCS revenue and net income
Where TPCS's revenue goes
FY2026Each bar shows an amount and its share of revenue. TPCS kept −5.3% of revenue as net income.
TPCS profit margins
TPCS growth rates
to FY2026| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Revenue | −7.0% | +0.2% | +15.2% | +6.5% |
| Gross profit | +14.9% | +0.5% | +7.5% | −1.0% |
| Operating income | — | — | — | — |
| Net income | — | — | — | — |
| EPS (diluted) | — | — | — | — |
1-year change and average annual growth (CAGR) over 3, 5 and 10 fiscal years. "—" when a starting value was zero or negative.
TPCS quarterly EPS vs estimates
TechPrecision beat the analyst EPS estimate in 1 of the last 2 quarters. Next report: November 12, 2026.
TPCS income statement
| FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $31.6M | $34.0M | $31.6M | $31.4M | $22.3M | $15.6M | $16.0M | $16.7M | $18.7M | $18.6M |
| Cost of revenue | $26.7M | $29.7M | $27.5M | $26.5M | $18.9M | $12.1M | $12.9M | $12.1M | $14.8M | $12.5M |
| Gross profit | $5.0M | $4.3M | $4.1M | $4.9M | $3.4M | $3.5M | $3.1M | $4.6M | $4.0M | $6.1M |
| Sales, general & admin | $6.0M | $6.5M | $8.8M | $6.0M | $4.6M | $2.8M | $2.8M | $2.7M | $3.0M | $4.3M |
| Total operating expenses | $6.0M | $6.5M | $8.8M | $6.0M | $4.9M | $2.8M | $3.3M | $2.7M | $3.0M | $4.3M |
| Operating income | −$1.1M | −$2.2M | −$4.6M | −$1.1M | −$1.6M | $623,248 | −$141,284 | $1.8M | $967,299 | $2.9M |
| Interest expense | $485,000 | $541,000 | $521,108 | $355,608 | $269,375 | $202,337 | $296,076 | $354,825 | $412,988 | $644,021 |
| Income before taxes | −$1.6M | −$2.8M | −$5.1M | −$783,422 | −$542,189 | $425,511 | −$414,610 | $1.5M | $558,578 | $2.2M |
| Income taxes | $31,000 | −$2,000 | $1.9M | $195,584 | −$192,355 | $104,880 | −$73,041 | $423,357 | $824,486 | −$2.8M |
| Net income | −$1.7M | −$2.7M | −$7.0M | −$979,006 | −$349,834 | $320,631 | −$341,569 | $1.1M | −$265,908 | $5.1M |
| EBITDA | $1.7M | $587,000 | −$2.2M | $1.8M | $218,910 | $1.3M | $599,045 | $2.6M | $1.7M | $2.4M |
| EPS (diluted) | −$0.10 | −$0.81 | −$0.80 | −$0.12 | −$0.04 | $0.04 | −$0.01 | $0.05 | −$0.04 | $0.26 |
| Gross margin | 15.7% | 12.7% | 13.0% | 15.6% | 15.2% | 22.2% | 19.6% | 27.4% | 21.2% | 32.9% |
| Operating margin | −3.4% | −6.3% | −14.7% | −3.5% | −7.0% | 4.0% | −0.9% | 11.0% | 5.2% | 15.5% |
| Net margin | −5.3% | −8.1% | −22.3% | −3.1% | −1.6% | 2.1% | −2.1% | 6.6% | −1.4% | 27.4% |
| Jun '26 | Mar '26 | Dec '25 | Sep '25 | Jun '25 | Mar '25 | Dec '24 | Sep '24 | Jun '24 | Mar '24 | Dec '23 | Sep '23 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $9.1M | $8.1M | $7.1M | $9.1M | $7.4M | $7.6M | $8.9M | $8.0M | $8.6M | $8.6M | $7.6M | $8.0M |
| Cost of revenue | $7.7M | $7.0M | $6.7M | $6.6M | $6.3M | $6.6M | $7.9M | $7.7M | $7.4M | $7.4M | $6.5M | $6.9M |
| Gross profit | $1.4M | $1.1M | $381,000 | $2.5M | $1.0M | $991,000 | $1.0M | $239,000 | $1.2M | $1.2M | $1.2M | $1.0M |
| Sales, general & admin | $1.4M | $1.3M | $1.7M | $1.5M | $1.5M | $1.7M | $1.7M | $1.5M | $3.4M | $3.7M | $2.2M | $1.6M |
| Total operating expenses | $1.4M | $1.3M | $1.7M | $1.5M | $1.5M | $1.7M | $1.5M | $1.6M | $3.7M | $11.1M | $2.2M | $1.6M |
| Operating income | −$45,000 | −$194,000 | −$1.4M | $942,000 | −$463,000 | −$696,000 | −$488,000 | −$1.3M | −$2.5M | −$2.5M | −$996,060 | −$597,353 |
| Interest expense | $106,000 | $111,000 | $121,000 | $118,000 | $112,000 | $147,000 | $113,000 | $115,000 | $168,966 | $168,966 | $109,503 | $148,553 |
| Income before taxes | −$153,000 | −$388,000 | −$1.5M | $825,000 | −$597,000 | −$799,000 | −$601,000 | −$1.5M | −$2.6M | −$2.6M | −$1.1M | −$705,031 |
| Income taxes | — | $31,000 | — | — | −$2,000 | — | −$601,000 | −$1.46B | $2.5M | — | −$240,230 | −$176,698 |
| Net income | −$153,000 | −$419,000 | −$1.5M | $825,000 | −$597,000 | −$799,000 | −$601,000 | −$1.5M | −$5.1M | −$5.1M | −$865,334 | −$528,333 |
| EBITDA | $653,000 | $502,000 | −$658,000 | $1.6M | $216,000 | $50,000 | $209,000 | −$651,000 | $1.2M | — | −$365,061 | −$6,927 |
| EPS (diluted) | −$0.02 | −$0.04 | −$0.15 | $0.08 | $0.01 | −$0.08 | −$0.08 | −$0.06 | −$0.58 | −$0.58 | −$0.10 | −$0.06 |
| Gross margin | 15.4% | 13.7% | 5.4% | 27.1% | 14.0% | 13.0% | 11.3% | 3.0% | 14.3% | 14.3% | 15.2% | 13.0% |
| Operating margin | −0.5% | −2.4% | −19.1% | 10.4% | −6.3% | −9.1% | −5.5% | −16.8% | −28.6% | −28.6% | −13.0% | −7.5% |
| Net margin | −1.7% | −5.2% | −20.8% | 9.1% | −8.1% | −10.5% | −6.7% | −18.3% | −59.5% | −59.5% | −11.3% | −6.6% |
Quarterly columns are labeled by the month the quarter ended. Figures in U.S. dollars as reported in TPCS's financial statements (latest annual report filed June 25, 2026); data from EODHD. Sales, general & administrative expenses include sales and marketing.
TPCS financial results
In fiscal year 2026 (ended March 31, 2026), TechPrecision reported revenue of $31.6 million, down 7.0% from the year before. It had a net loss of $1.7 million, a net profit margin of −5.3%. Diluted earnings per share came to −$0.10. Over five years revenue grew at an average rate of 15.2% a year.
See the TPCS stock overview for the latest quote and news, or the TPCS chart for price history and technical indicators.
TPCS income statement FAQ
What is TechPrecision's annual revenue?
TechPrecision reported total revenue of $31.6 million for fiscal year 2026, which ended on March 31, 2026. That was down 7.0% from $34.0 million the previous year.
Is TechPrecision profitable?
No. TechPrecision reported a net loss of $1.7 million in fiscal 2026, a net profit margin of −5.3%; its operating margin was −3.4%.
What is TechPrecision's gross margin?
TechPrecision's gross margin was 15.7% in fiscal 2026: for every $100 of revenue, TechPrecision kept $16 after the direct cost of its products and services.
How fast is TechPrecision growing?
Revenue grew 15.2% a year on average over the last five fiscal years, from $15.6 million to $31.6 million.
What are TechPrecision's earnings per share?
TechPrecision earned $-0.10 per diluted share in fiscal 2026, compared with $-0.81 a year earlier.
When will TechPrecision report its next earnings?
TechPrecision is expected to report results for the quarter ending September 30, 2026 on November 12, 2026.
When does TechPrecision's fiscal year end?
TechPrecision's fiscal year ends in March. The latest annual report covers the year ended March 31, 2026 and was filed on June 25, 2026.