TechPrecision Corp
techprecision.comWhat Do They Do?
Manufactures custom fabricated and machined metal components and systems for defense, aerospace, and precision industrial customers.
10-K for FY2026, filed Jun 25, 2026We are a manufacturer of precision, large-scale fabricated and machined metal structural components and systems. We offer a full range of…View ↗
TechPrecision, through our wholly owned subsidiaries, is a manufacturer of large-scale metal fabricated and machined precision components…View ↗
We manufacture a wide variety of products pursuant to customer contracts and based on individual customer needs. We can also provide…View ↗
We primarily serve customers in the defense and aerospace markets, secondarily in the precision industrial sectors. Within these sectors…View ↗
How Do They Make Money?
Defense and industrial customers pay for custom components and manufacturing work through advance and progress payments; the company invoices and receives payments based on work progress at least monthly.
10-K for FY2026, filed Jun 25, 2026The Company recognizes revenue over time based on the transfer of control of the promised goods or services to the customer. This transfer…View ↗
The Company generates revenue primarily from performance obligations completed under contracts with customers in two main market sectors…View ↗
Revenue is recognized over-time or at a point-in-time given the terms and conditions of the related contracts. The Company utilizes an…View ↗
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10-K for FY2026, filed Jun 25, 2026
FY2026 revenue by reportable segment (Revenue, net) ↗
$31.6M
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10-K for FY2026, filed Jun 25, 2026
$31.6M ↗
| Segment | Share | Revenue |
|---|---|---|
|
Ranor
|
53%
FY2023: 61%
|
Ranor, FY2026
$16.9M Sources
|
|
Stadco
|
47%
FY2023: 39%
|
Stadco, FY2026
$14.8M Sources
|
Who Are Their Customers?
Defense, aerospace, and precision industrial customers buy custom components made to their drawings; work comes through negotiated contracts and competitive bids.
10-K for FY2026, filed Jun 25, 2026We are a manufacturer of precision, large-scale fabricated and machined metal structural components and systems. We offer a full range of…View ↗
We work with our customers to manufacture components in accordance with the customers’ drawings and specifications. Our work complies with…View ↗
We primarily serve customers in the defense and aerospace markets, secondarily in the precision industrial sectors. Within these sectors…View ↗
Our contracts are generated both through negotiation with the customer and from bids made pursuant to a request for proposal. Our ability…View ↗
Do Revenues Turn Into Profits?
No. It lost $1.7M in FY2026.
10-K for FY2026, filed Jun 25, 2026
−$1.1MView ↗
10-K for FY2026, filed Jun 25, 2026
−$1.7MView ↗
10-K for FY2026, filed Jun 25, 2026
−$3.3MView ↗
How Are They Changing?
- Net income
-
Sources
10-Q for Q1 FY2027, filed Aug 13, 2026
−$153KView ↗
- ▼ −74% (Loss)
- vs −$597K in Q1 FY2026
10-Q for Q1 FY2027, filed Aug 13, 2026
Open tableView ↗
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Aug 13, 2026
Company holds fiscal 2027 revenue and EBITDA guidance
It maintained guidance for +10% revenue growth to $35.0M - $37.0M and +80% EBITDA growth to $3.0M-$4.0M.
Sources
8-K, filed Aug 13, 2026
“For the remainder of fiscal 2027, the Company remains on track to deliver double-digit revenue growth and resulting EBITDA as we continue…View ↗
Growing. Revenue grew 42% in 4 years, from $22.3M in FY2022 to $31.6M in FY2026, about 9% a year.
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