Sypris Q2 FY26 net loss widens to $3.11 million; revenue slips to $30.34 million
SYPR•SYPR•SYPR•SYPR•Sypris Solutions posted Q2 revenue of USD 30.3 million, down 3.45% year over year; net loss widened to USD 3.1 million.
Loss per share was USD 0.14; results included USD 2.1 million in abnormally high expenses, including healthcare and inventory-related charges.
Sypris Technologies revenue rose 5.6% year over year to USD 14.9 million; gross margin improved 3.3 percentage points to 18.5%.
Sypris Electronics revenue fell to USD 15.5 million from material availability issues; segment gross profit swung to a USD 830,000 loss.
Orders rose 25% sequentially, led by a 54% increase in Sypris Electronics bookings; management expects conditions to improve through 2026.
