Sypris Solutions Inc
sypris.comWhat Do They Do?
Builds electronic assemblies and systems for aerospace and defense customers, and manufactures steel components for vehicle and energy-pipeline customers.
10-K for FY2025, filed Mar 26, 2026Sypris Electronics. Sypris Electronics generates revenue primarily through circuit card and full box build manufacturing, high reliability…View ↗
Sypris Technologies. Through Sypris Technologies, we are a significant supplier of forged and machined components, serving the commercial…View ↗
Sypris Technologies. The industrial manufacturing markets of this segment include automotive, truck and off-highway components and…View ↗
How Do They Make Money?
Customers buy steel components and some electronic products, with sales counted when products ship. For federally funded aerospace and defense work, Sypris bills as work progresses, periodically or at milestones.
10-K for FY2025, filed Mar 26, 2026A performance obligation is a promise in a contract to transfer a distinct product or render a service to a customer and is the unit of…View ↗
For contracts where Sypris Electronics serves as a contractor for aerospace and defense companies under federally funded programs, we…View ↗
Contract liabilities – Some of the Company’s contracts within Sypris Electronics are billed as work progresses in accordance with the…View ↗
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10-K for FY2025, filed Mar 26, 2026
FY2025 revenue by reportable segment ↗
$119.9M
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10-K for FY2025, filed Mar 26, 2026
$119.9M ↗
| Segment | Share | Revenue | How money arrives |
|---|---|---|---|
|
Sypris Technologies
Sold outright
10-K for FY2025, filed Mar 26, 2026 |
43%
FY2022: 63%
|
Sypris Technologies, FY2025
$51.7M Sources
|
Sold outright |
|
Sypris Electronics
|
57%
FY2022: 37%
|
Sypris Electronics, FY2025
$68.1M Sources
|
Who Are Their Customers?
Vehicle manufacturers, component suppliers and pipeline operators buy industrial products; aerospace and defense companies buy electronic manufacturing services. Sypris sells through its own personnel as well as representatives, distributors and market specialists.
10-K for FY2025, filed Mar 26, 2026Sypris Technologies. Through Sypris Technologies, we are a significant supplier of forged and machined components, serving the commercial…View ↗
We provide our customers with a broad variety of value-added solutions, from low-volume prototype assembly to high-volume turnkey…View ↗
Sypris Technologies. The industrial manufacturing markets of this segment include automotive, truck and off-highway components and…View ↗
Our principal sources of new business originate from the expansion of existing relationships, referrals and direct sales through senior…View ↗
10-K for FY2025, filed Mar 26, 2026
The Company’s largest customers for the year ended December 31, 2025 were Northrop Grumman, Detroit Diesel, and SubCom, which represented…View ↗
Do Revenues Turn Into Profits?
No. It lost $6.3M in FY2025.
10-K for FY2025, filed Mar 26, 2026
−$6.6MView ↗
10-K for FY2025, filed Mar 26, 2026
−$6.3MView ↗
10-K for FY2025, filed Mar 26, 2026
−$6.5MView ↗
How Are They Changing?
- Net income
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Sources
10-Q for Q2 FY2026, filed Aug 18, 2026
−$3.1MView ↗
- ▲ +52% (Loss)
- vs −$2.1M in Q2 FY2025
10-Q for Q2 FY2026, filed Aug 18, 2026
Open tableView ↗
Growing. Revenue grew 23% in 4 years, from $97.4M in FY2021 to $119.9M in FY2025, about 5% a year.
Who Do They Compete With?
Competes with Ramkrishna Forgings, Mid-West Forge, GNA Axles, Brunner International, Bharat Forge, Commercial Forged Products, Spencer Forge and Machine, Traxle, T.D. Williamson, National Oilwell Varco, Celestica, Jabil Circuit, and Spartronics
10-K for FY2025, filed Mar 26, 2026The markets that we serve are highly competitive, and we compete against numerous domestic and international companies in addition to the…View ↗
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