Monitor the upcoming earnings call for gross margin improvement plans and revenue guidance; the $4M order and facility move may support recovery but near-term fundamentals are weak. With consensus at just 1 analyst, any forward guidance will be crucial for sentiment.
Price Chart
Executive Summary
CPS Technologies reported a disappointing Q1 2026 with revenue of $7.0M, down 6.7% YoY and well below the $8.9M consensus, while gross margin halved to 8.6% and net income swung to a loss of $0.3M. The decline marks a sharp reversal from the record revenue in Q4 2025, with only modest offsets from a $4M post-quarter order and a new CFO appointment.
Key Financial Metrics
Key Facts
- Revenue $7,028,748 vs $7,505,921 YoY (-6.7%)
- Gross margin 8.6% vs 16.4% YoY
- Operating loss $(522,634) vs profit $129,651 YoY
- Net loss $(294,179) or $(0.02) per diluted share vs profit $0.01 in prior year
- Consensus estimates: EPS $0.01, Revenue $8.9M — both missed (EPS -0.02, Revenue 7.0M)
- New CFO Chris Fraser appointed, effective May 18, 2026
- Post-quarter hermetic packaging order of $4M and Navy SBIR option extension ($100k)
Financial Impact
Revenue shortfall of ~$1.9M vs consensus and YoY decline; margin compression reducing gross profit by ~$624k
Risk Factors
- Gross margin may remain compressed due to fixed cost absorption and inventory build
- Execution risk on facility move and anticipated revenue growth
- Low analyst coverage could amplify volatility on any news
Market Snapshot
Documents Analyzed
This report is based on 7 SEC documents filed with EDGAR.
| Document | Accession Number |
|---|---|
| 8-K Filing (Primary) | 0001437749-26-015161 |
| Exhibit: ex_957049.htm | 0001437749-26-015161 |
| Document: cpsh20260505d_8k.htm | 0001437749-26-015161 |
| Document: 0001437749-26-015161-index-headers.html | 0001437749-26-015161 |
| Document: 0001437749-26-015161-index.html | 0001437749-26-015161 |
| Document: 0001437749-26-015161.txt | 0001437749-26-015161 |
| 8-K Data (Synthetic) | 0001437749-26-015161 |
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
Oct 26, 2026 today | SC 13D | $3.50 | awaiting T+60 | — | $3.54 (+1.14%) |
Aug 4, 2026 11w ago | Press Release | $4.35 | awaiting T+60 | — | $3.54 (+18.62%) |
Jul 31, 2026 12w ago | Press Release | $4.08 | awaiting T+60 | — | $3.54 (−13.24%) |
Jun 1, 2026 21w ago | 8-K | $9.45 $4.02 | ▲ +57.46% | ▲ +58.69% | $3.54 (+62.54%) |
May 28, 2026 21w ago | 424B5 | $9.02 $3.86 | ▲ +57.21% | ▲ +58.39% | $3.54 (+60.75%) |
May 8, 2026 24w ago | 8-K | $3.97 $4.26 | ▲ +7.18% | ▲ +2.34% | $3.54 (−10.83%) |
May 6, 2026 24w ago | 8-K | $3.62 $3.92 | ▼ −8.29% | ▼ −6.23% | $3.54 (+2.21%) |
May 6, 2026 24w ago | 8-K | $3.62 $3.92 | ▲ +8.29% | ▲ +6.23% | $3.54 (−2.21%) |
May 4, 2026 25w ago | Press Release | $3.65 $4.01 | ▼ −9.86% | ▼ −7.12% | $3.54 (+3.01%) |
Apr 29, 2026 25w ago | Press Release | $4.61 $4.44 | ▼ −3.69% | ▼ −7.80% | $3.54 (−23.21%) |
US Market Status
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