CPS Technologies Q2 revenue rises to $8.3 million; operating loss replaces profit
CPS Technologies reported fiscal second-quarter 2026 revenue of $8.3 million, up from $8.1 million a year earlier, but swung to an operating loss of $(0.2) million from a $0.1 million operating profit, and gross margin fell to 14.8 percent from 16.5 percent. The company also completed a secondary offering with gross proceeds of $9.6 million to fund growth and its planned move to a new facility.
Key points
- Revenue was $8.3 million versus $8.1 million in the prior-year quarter.
- Gross margin was 14.8 percent versus 16.5 percent a year earlier; SG&A expenses rose approximately $0.3 million year over year.
- Operating loss was $(0.2) million versus an operating profit of $0.1 million; net income was just under $40,000, or $0.00 per diluted share.
- A secondary offering raised gross proceeds of $9.6 million.
The filing
Written by AI on Nov 9, 2026, 8:51 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on August 05, 2026.
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.