Sypris Solutions | 10-Q: FY2025 Q3 Revenue: USD 28.67 M

Revenue: As of FY2025 Q3, the actual value is USD 28.67 M.

EPS: As of FY2025 Q3, the actual value is USD 0.02.

EBIT: As of FY2025 Q3, the actual value is USD 736 K.

Sypris Technologies

Revenue

• Q3 2025: $11.5 million
• Q3 2024: $19.5 million
• 9M 2025: $39.2 million
• 9M 2024: $55.7 million

Gross Profit

• Q3 2025: $0.9 million
• Q3 2024: $3.7 million
• 9M 2025: $5.1 million
• 9M 2024: $8.4 million

Operating Income

• Q3 2025: - $0.6 million
• Q3 2024: $2.2 million
• 9M 2025: $0.6 million
• 9M 2024: $4.1 million

Operating Margin

• Q3 2025: - 5.5%
• Q3 2024: 11.5%
• 9M 2025: 1.5%
• 9M 2024: 7.4%

Sypris Electronics

Revenue

• Q3 2025: $17.1 million
• Q3 2024: $16.2 million
• 9M 2025: $50.4 million
• 9M 2024: $51.1 million

Gross Profit

• Q3 2025: $1.2 million
• Q3 2024: $2.3 million
• 9M 2025: $2.9 million
• 9M 2024: $6.1 million

Operating Income

• Q3 2025: $0.2 million
• Q3 2024: $1.1 million
• 9M 2025: - $0.3 million
• 9M 2024: $2.2 million

Operating Margin

• Q3 2025: 1.2%
• Q3 2024: 6.9%
• 9M 2025: - 0.6%
• 9M 2024: 4.4%

General, Corporate and Other

Operating Income

• Q3 2025: - $1.3 million
• Q3 2024: - $1.6 million
• 9M 2025: - $3.6 million
• 9M 2024: - $4.7 million

Consolidated Results

Revenue

• Q3 2025: $28.7 million
• Q3 2024: $35.7 million
• 9M 2025: $89.6 million
• 9M 2024: $106.7 million

Gross Profit

• Q3 2025: $2.1 million
• Q3 2024: $6.0 million
• 9M 2025: $8.0 million
• 9M 2024: $14.5 million

Operating Income

• Q3 2025: - $1.7 million
• Q3 2024: $1.7 million
• 9M 2025: - $3.3 million
• 9M 2024: $1.6 million

Net Income

• Q3 2025: $0.5 million
• Q3 2024: $0.4 million
• 9M 2025: - $2.4 million
• 9M 2024: - $1.8 million

Future Outlook and Strategy

Sypris Technologies

• The outlook for 2025 is for continued weakened demand with production down 28% from 2024 levels and an additional 14% decline in 2026 driven by lower year-over-year freight volumes and rates, before recovering 33% in 2027.
• The market diversification Sypris Technologies has accomplished over recent years by adding new programs in the automotive, sport-utility, and off-highway markets will help offset some of the anticipated cyclical decline for the commercial vehicle market.

Sypris Electronics

• The electronic circuit card assembly industry is highly competitive, and demand can be volatile from period to period. Increasing demand for advanced technologies, supply chain diversification, and continued strong government defense spending along with geopolitical factors are prompting companies to adopt supply chain resilience strategies.
• The Administration published its FY 2026 budget request in June 2025. The budget request includes $848.3 billion in the base budget (discretionary) funding, and $113.3 billion in reconciliation (mandatory) funding for the DoW.