Earnings ·
CPS Technologies reports Q3 revenue of $8.9M and net income of $0.6M
CPSHCps Technologies Corp
CPS Technologies Corp. reported fiscal third-quarter results ending September 26, 2026, with revenue rising to $8.9 million from $8.8 million in the prior-year period. The company posted a gross margin of 20.9 percent and an operating profit of $0.4 million. Net income increased to $0.6 million, or $0.03 per diluted share, compared to $0.2 million, or $0.01 per diluted share, in the year-ago quarter. The company also announced its first defense contract for tungsten alloy components and signed a long-term lease for an 80,000-square-foot facility to expand production capacity. CPS Technologies Corp. is an advanced materials company that designs, manufactures, and sells high-performance material solutions to global customers in transportation, energy, automotive, electronics, telecommunications, aerospace, and defense.