TechPrecision 2026 Q2 Earnings Profitability Returns With 237.3% Net Income Surge

TechPrecision (TPCS) reported fiscal 2026 Q2 earnings, marking a significant turnaround with profitability and improved margins. The company exceeded expectations by delivering a net income of $825,000 (EPS $0.08) compared to a $601,000 loss in the prior-year period. Management highlighted a $48 million backlog for 1–3-year delivery, gross margin expansion, and operational improvements at Stadco as key drivers of the positive performance.

Revenue

Consolidated revenue rose 1.6% year-over-year to $9.09 million, with Ranor and Stadco contributing $4.37 million and $4.82 million, respectively. Intersegment eliminations reduced revenue by $106,000, while corporate and unallocated expenses remained at $0. The results reflect a favorable customer mix and improved production efficiencies at both segments.

Earnings/Net Income

TechPrecision returned to profitability with EPS of $0.08, reversing a $0.06 loss in 2025 Q2—a 233.3% positive change. Net income surged 237.3% to $825,000 from a $601,000 loss, driven by cost reductions and margin improvements. This marks a critical milestone in the company’s operational turnaround.

Post-Earnings Price Action Review

The strategy of buying TechPrecision shares on earnings announcements has historically outperformed the market. Over the past three years, a 30-day holding period post-announcement yielded a cumulative 24.8% return, surpassing the SPY ETF’s 11.4%. This suggests strong investor confidence in the company’s earnings-driven momentum.

CEO Commentary

CEO Alexander Shen emphasized a 2% revenue increase to $9.1 million and a $1.4 million gross profit rise, attributing success to customer mix, Stadco throughput, and reduced loss provisions. He outlined priorities: leveraging the $48 million backlog for margin expansion, maintaining defense sector deliveries, and resecuring client contracts.

Guidance

TechPrecision expects to deliver its $48 million backlog over 1–3 years with gross margin expansion. CFO Phil Podgorski reiterated Q2 targets: $9.09 million revenue, $0.08 EPS, and $825,000 net income, while focusing on cash management and Stadco’s operational turnaround.

Additional News

Recent non-earnings developments include a $2,200 stock gift by director Andrew Levy and the appointment of CFO Phillip Podgorski, who brings defense sector expertise from RTX. The company also announced a conference call to discuss Q2 results, with a backlog update highlighting $47.8 million in pending orders.

Revenue

The total revenue of TechPrecision increased by 1.6% to $9.09 million in 2026 Q2, up from $8.95 million in 2025 Q2. Ranor led with $4.37 million in revenue, while Stadco contributed $4.82 million. Intersegment eliminations reduced revenue by $106,000, and corporate and unallocated expenses totaled $0. The consolidated figure reflects improved operational efficiency and favorable customer mix at both segments.

Earnings/Net Income

TechPrecision returned to profitability with EPS of $0.08 in 2026 Q2, reversing from a $0.06 loss in 2025 Q2. The company achieved a 237.3% increase in net income to $825,000 from a $601,000 loss, driven by cost management and margin expansion. This turnaround underscores the effectiveness of strategic operational adjustments.

Post-Earnings Price Action Review

Historically, investing in TechPrecision shares following earnings announcements has generated robust returns. A 30-day holding period post-announcement delivered a 24.8% cumulative return over three years, outperforming the SPY ETF’s 11.4%. This performance highlights the market’s positive response to the company’s earnings-driven growth strategy.

Additional News

TechPrecision recently disclosed a $2,200 stock gift by director Andrew Levy, reflecting insider confidence. The company also appointed Phillip Podgorski as CFO, leveraging his defense sector experience. A conference call update noted a $47.8 million backlog, with management emphasizing gross margin expansion and operational execution.