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SYPR

Sypris Solutions, Inc.

SYPR

Sypris Solutions, Inc. • NASDAQ
$2.18 ▲ 2.35% (+0.05)
Market Cap $50.21 M
52w High $3.72
52w Low $1.42
Dividend Yield 0%
P/E -19.82
Volume 7.00K
Outstanding Shares 23.03M

Income Statement

Period Revenue Operating Expense Net Income Net Profit Margin Earnings Per Share EBITDA
Q3-2025 $28.672M ▼ $3.789M ▼ $517K ▲ 1.803% ▲ $0.02 ▲ $1.457M ▲
Q2-2025 $31.426M ▲ $4.025M ▲ $-2.051M ▼ -6.526% ▼ $-0.092 ▼ $-825K ▼
Q1-2025 $29.508M ▼ $3.496M ▼ $-899K ▼ -3.047% ▼ $-0.041 ▼ $364K ▼
Q4-2024 $33.449M ▼ $4.087M ▼ $135K ▼ 0.404% ▼ $0.006 ▼ $1.595M ▼
Q3-2024 $35.657M $4.25M $390K 1.094% $0.017 $2.298M

Balance Statement

Period Cash & Short-term Total Assets Total Liabilities Total Equity
Q3-2025 $8.443M ▲ $112.468M ▲ $92.514M ▲ $19.954M ▲
Q2-2025 $6.352M ▼ $105.837M ▼ $87.158M ▼ $18.679M ▼
Q1-2025 $6.624M ▼ $110.203M ▼ $91.226M ▼ $18.977M ▼
Q4-2024 $9.675M ▲ $119.376M ▼ $99.795M ▼ $19.581M ▲
Q3-2024 $8.215M $121.613M $103.441M $18.172M

Cash Flow Statement

Period Net Income Cash From Operations Cash From Investing Cash From Financing Net Change Free Cash Flow
Q3-2025 $501K ▲ $-178K ▼ $2.708M ▲ $-497K ▲ $2.091M ▲ $-390K ▼
Q2-2025 $-2.051M ▼ $1.099M ▲ $-158K ▼ $-602K ▼ $-272K ▲ $938K ▲
Q1-2025 $-899K ▼ $-5.534M ▼ $-3K ▲ $2.497M ▲ $-3.051M ▼ $-5.537M ▼
Q4-2024 $135K ▼ $2.312M ▲ $-393K ▼ $-506K ▲ $1.46M ▲ $1.895M ▲
Q3-2024 $390K $-4.763M $-158K $-625K $-5.545M $-4.921M

Revenue by Products

Product Q4-2024Q1-2025Q2-2025Q3-2025
Sypris Electronics
Sypris Electronics
 $10.00M ▲$20.00M ▲$20.00M ▲$20.00M ▲
Sypris Technologies
Sypris Technologies
 $20.00M ▲$10.00M ▼$10.00M ▲$10.00M ▲

Five-Year Company Overview

Income Statement

Income Statement Revenue has been slowly rising over the past five years, which is a positive sign, but profits have not kept pace. The company tends to hover around break-even, with only modest profit in some earlier years and recent years slipping back into small losses. Margins are thin, so even small cost overruns or volume drops can quickly erase earnings. Overall, the business is growing modestly but has not yet shown consistent, durable profitability, and results have been somewhat volatile from year to year.

Balance Sheet

Balance Sheet The balance sheet is small and relatively simple. Assets have grown gradually, but cash on hand is limited and does not appear to provide a large safety cushion. Debt has stayed fairly steady, which helps avoid rising leverage, but it still matters given the company’s modest size and uneven profits. Equity has inched up over time, suggesting slow value build, yet the overall capital base is light. This structure can work in stable times but leaves less room for error if sales slow or costs spike.

Cash Flow

Cash Flow Cash generation has been close to break-even over the five-year period, with some years slightly positive and others slightly negative. Free cash flow follows the same pattern, helped by relatively low capital spending. This means the company is largely funding itself but does not have strong excess cash flow to aggressively reduce debt, build cash reserves, or invest heavily in new capacity. Cash flow stability will depend heavily on keeping utilization high and contracts flowing smoothly.

Competitive Edge

Competitive Edge Sypris competes in specialized, high-reliability niches rather than broad, commodity markets. Its strength lies in deep, long-term relationships with major manufacturers and government-related customers, often as a trusted supplier for mission‑critical components. Certifications, quality track record, and engineering know‑how form a real barrier to new entrants. However, its small scale, exposure to cyclical end markets like autos and energy, and likely customer concentration mean its position is defensible but not without risk if key programs or customers change course.

Innovation and R&D

Innovation and R&D The company’s innovation is practical and customer-driven, focused on specialized products and advanced manufacturing processes rather than big, stand‑alone research projects. On the mechanical side, it has developed distinctive pipeline closures and forged components designed for safety, reliability, and ease of use. On the electronics side, it works on secure, complex systems for aerospace and defense, including cryptographic and high‑reliability assemblies. Future upside hinges on winning more of these high-end, technical programs in areas like defense electronics, secure communications, and advanced energy infrastructure, but those opportunities can be irregular and contract‑dependent.

Summary

Sypris is a niche industrial and electronics manufacturer with slowly rising sales but inconsistent profits and thin margins. Its balance sheet and cash flow profile suggest a business that can operate but does not have a wide financial buffer. The real strengths are in specialized expertise, certifications, and long‑standing relationships in demanding markets such as defense, aerospace, pipelines, and certain vehicle components. The main opportunities lie in expanding these mission‑critical programs and new applications in defense and energy, while the key risks are its small size, earnings volatility, and dependence on a relatively narrow set of customers and contracts.

NEWS

November 12, 2025 · 7:45 AM UTC

Sypris Reports Third Quarter Results

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September 4, 2025 · 8:30 AM UTC

Sypris Wins Contract for Classified Missile Avionics Program

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