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SYPR · 10-Q filed August 18, 2026

SYPR earnings analysis

What we found in SYPR's 10-Q: the parts that mattered, the offsets in the same document, and what the company said about what comes next.

Our reading of the filing · Free to read, no account needed

Sypris reported second-quarter revenue of $30.341 million and diluted EPS of negative $0.14. Revenue improved from $26.0 million sequentially but declined from $31.426 million year over year, while the net loss widened to $3.113 million from $2.051 million. Orders rose 25% sequentially and Sypris Technologies improved profitability, but the filing provided no quantified guidance and stated that risk factors were unchanged from the 2025 10-K.

What stood out

The parts that mattered.

Pulled out of the filing itself, with the figures the company reported.

Sequential revenue rebound
Revenue was $30.341 million, up from $26.0 million in the prior quarter, but down from $31.426 million a year earlier, a year-over-year decrease of approximately 3.5%.
EPS improved sequentially
Diluted EPS improved to negative $0.14 from negative $0.18 in the prior quarter, but deteriorated from negative $0.09 in the prior-year quarter.
Orders accelerated
Orders increased 25% sequentially, while management reported that Sypris Technologies improved profitability during the quarter.
Controls remained effective
Disclosure controls and procedures were concluded effective as of the end of the quarter, and the filing reported no changes in internal control that materially affected or were reasonably likely to materially affect reporting.
What to watch

And the other side of it.

The offsets in the same document — the things a summary that only listed the good news would have left out.

Losses and liquidity pressure
The net loss widened to $3.113 million from $2.051 million in the prior-year quarter, indicating continued earnings and liquidity pressure despite the sequential EPS improvement to negative $0.14.
Year-over-year revenue decline
Revenue declined $1.085 million year over year, from $31.426 million to $30.341 million, while the prior analysis identified Electronics margin pressure as a continuing headwind.
Environmental and legal exposure
The filing states there were 0 pending administrative or judicial proceedings known to the company regarding environmental matters, but warns that indemnification agreements may be inadequate and that unresolved claims or future claims could materially affect results.
The numbers

What they reported.

What the company itself reported, taken out of the document.

Earnings per share
$-0.14
Guidance

What they said about what is next.

Management expects operating conditions and performance to improve through 2026, with accelerating top-line growth and improved operational performance, but provided no quantified revenue or EPS guidance and no explicit change versus the prior outlook.

How we read the filing overall

The filing reads worse than the one before it.

One reading of one document. It is not advice, and it is not a forecast.
Earlier filings

What came before.

10-Q · May 19, 2026
Sypris Solutions, Inc. reported a significant revenue decline in Q1 2026 with total revenues of $25.8 million, down 12.5% year-over-year. The company faced increased losses, netting a loss of $4.1 million, compared to a…
10-K · March 26, 2026
Sypris Solutions, Inc. reported a substantial net loss of $6.3 million for the year ended December 31, 2025, compared to a loss of $1.7 million the previous year, driven by continued challenges in their Sypris…
10-Q · November 12, 2025
Sypris Solutions, Inc. reported a 19.6% decline in revenue for Q3 2025 compared to Q3 2024, totaling $28.7 million, with losses decreasing to an EPS of $0.02. Segment performance reflected a significant decline of 40.8%…
10-Q · August 12, 2025
Sypris Solutions, Inc. reported a net loss of $2.05 million for Q2 2025 on revenues of $31.4 million, reflecting a decline from both the prior quarter and the same quarter last year. The company continues to face…

This is our reading of a public filing, not the filing. Read the original on SEC.gov · Educational only. Nothing here is investment advice.

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