TechPrecision Corporation (TPCS) Earnings Call Transcripts

TechPrecision Corporation's Latest Earnings Call - Q4 FY2026

TechPrecision Corporation reported a challenging fiscal 2026 fourth quarter with consolidated revenue of $8.1 million, down 15% year-over-year, and a net income of $400,000 or $0.04 per share. The decline was attributed to delays in customer-furnished materials and nonconformance issues at Stadco. Despite these setbacks, management provided fiscal 2027 guidance with projected revenue between $35 million to $37 million and EBITDA of $3 million to $4 million, signaling potential improvement. The company's backlog stands strong at $52 million, with additional unfunded orders of approximately $25 million.

Reported metrics

Guidance from management

For fiscal 2027, TechPrecision projects revenue of $35 million to $37 million and EBITDA of $3 million to $4 million, indicating a positive outlook with expected revenue growth and profitability improvement.

What management said

Yes. If I could add to that, Alex. Ross, to answer your question a little bit further, some of the things that have been holding us back, I hate to keep using the word legacy, right? But we -- upon acquisition of this organization, as we were moving through, we did discover that there were a number of contracts that were priced wrong. They were priced with deescalation on price amidst a market that was escalating. ...

We've gone through specifically this year and either renegotiated with repricing, new terms, new Ts and Cs, we have 2 that are hanging out there. They're at their last leg, right? It will carry into fiscal 2027, both of them, but we're committed to getting those done, completed and off. And now it's -- from then, it is all new focus. This is where we talk about the strategic mix, strategic with a sense of repeat pr...

What analysts pressed on

Analysts expressed concerns about the prolonged turnaround at Stadco, questioning the strategic mix change and pricing issues. They also probed the potential for increased investment from major customers to support capacity expansion.

Main topics on the call

• Revenue Decline — Revenue for Q4 2026 was $8.1 million, a 15% decrease from $9.5 million in Q4 2025. Management cited 'delays in receiving customer furnished materials' and 'delays in customer analysis and disposition of nonconformances' ...
• Gross Profit Challenges — Consolidated gross profit fell 47% to $1.1 million due to lower revenue and margin drop-through at Stadco. Stadco's gross profit was notably low at $28,000.
• Backlog and New Opportunities — The company has a $52 million backlog with an additional $25 million in unfunded orders. Management is optimistic about new quoting opportunities in air defense and submarine sectors.
• Cost Management — SG&A expenses decreased by 24% to $1.3 million, and interest expense decreased by 25%, reflecting effective cost management.

Read the full TechPrecision Corporation transcript (Q4 FY2026) → Summary generated from the call transcript; every figure above is stated by management on the record.

Earnings Call History

EarningsCalls.dev has 26 TechPrecision Corporation earnings call transcripts on record, spanning February 13, 2020 to June 22, 2026. Based on this history, TechPrecision Corporation reports quarterly. The most recent call on file is dated June 22, 2026. The full list is below — each row opens the complete, free-to-read transcript.

Ticker

TPCS

Exchange

NasdaqCM

Country

US

Sector

Industrials

Industry

Machinery

Calls on record

26

First call

February 13, 2020

Most recent

June 22, 2026

Reporting cadence

quarterly