Earnings ·
CPS Technologies Corp. reported second quarter fiscal 2026 financial results for the period ended June 27, 2026
CPSHCps Technologies Corp
CPS Technologies Corp. reported second quarter fiscal 2026 financial results for the period ended June 27, 2026. The company generated revenue of $8.3 million, an increase from $8.1 million in the prior-year period, with a gross margin of 14.8 percent compared to 16.5 percent previously. Operating loss was $(0.2) million versus an operating profit of $0.1 million in the prior year. Net income was approximately $37,747, or $0.00 per diluted share. Additionally, CPS completed a secondary offering that raised gross proceeds of $9.6 million to support growth initiatives and facility expansion. The company operates in the advanced materials industry, designing and manufacturing high-performance metal matrix composites for defense, aerospace, energy, and transportation sectors.