CPS Technologies posts 54% annual sales growth to $32.6M, wins $15.5M order
CPS Technologies reported Q4 revenue of $8.2M, up from $5.9M year-over-year, with gross margin swinging to 14.6% from a 5.1% loss and an operating loss shrinking to $0.1M. Full-year sales hit a record $32.6M, a 54% increase, boosted by a $15.5M follow-on semiconductor order and a $9.5M October capital raise.
1. Q4 Financial Highlights
In the fourth quarter ended December 27, 2025, CPS Technologies achieved revenue of $8.2 million, up 39% from $5.9 million a year earlier. Gross profit reached $1.2 million, or 14.6% of revenue, compared to a gross loss of $0.3 million a year ago, while operating loss narrowed to $0.1 million from $1.3 million.
2. Record Annual Sales and Major Order
For the full fiscal year, the company delivered record sales of $32.6 million, a 54% increase over 2024’s $21.1 million. During Q4, CPS secured a $15.5 million follow-on order from a major multinational semiconductor manufacturer, underscoring strong demand for its advanced material solutions.
3. Capital Raise and Expansion Plans
On October 8, 2025, CPS closed a public offering that generated $9.5 million in net proceeds to fund general corporate purposes. The company is evaluating potential sites for a larger, advanced manufacturing facility and anticipates completing the site selection and transition during 2026.
4. Outlook and Growth Strategy
Management highlighted a robust pipeline of growth opportunities, including expanding production capacity, advancing product portfolios, and entering new high-growth markets. With the capital infusion and improved balance sheet, CPS aims to accelerate revenue growth and margin expansion in upcoming quarters.