Sypris Reports Q4 Loss as Electronics Revenue Climbs 27.6% with New Orion Contract
Sypris Solutions posted Q4 revenue of $30.3 million versus $33.4 million a year earlier and a $3.9 million net loss ($0.17/share) compared with a $0.1 million profit. Sypris Electronics revenue rose 27.6% to $17.7 million and won an Orion circuit assembly contract through 2027, while Technologies faced tariff headwinds.
1. Financial Results
In Q4 2025 Sypris Solutions recorded revenue of $30.3 million, down from $33.4 million a year earlier, and reported a $3.9 million net loss ($0.17 per share). Full-year 2025 revenue fell to $119.9 million from $140.2 million, resulting in a $6.3 million loss.
2. Sypris Electronics
The Electronics division saw revenue climb 27.6% to $17.7 million in Q4, driven by missile program bookings, a U.S. Navy electronic warfare upgrade, an Army cryptographic key management program and subsea cable system orders. After quarter-end, it secured a follow-on contract to produce and test Orion spacecraft circuit card assemblies, with production running through 2027.
3. Sypris Technologies
Sypris Technologies revenue declined to $12.5 million from $19.5 million in Q4 due to a commercial vehicle market downturn, inventory adjustments and tariff uncertainty. Post-quarter agreements include sole-source deals to supply advanced manual transmission components to a global truck OEM and an extension to provide drivetrain parts for a major manufacturer, with production starting in 2027.
4. Outlook
Management cites tariffs, regulatory uncertainty and component availability as Q4 headwinds but expects supply chain stabilization and a replenishment cycle in 2026. A strong backlog, energy segment order growth of 18% and new program wins underpin confidence in improved profitability and revenue growth next year.