TPCS on Nasdaq

TECHPRECISION CORP

In its 2026 annual report the company says: “We are a manufacturer of precision, large-scale fabricated and machined metal structural components and systems. We offer a full range of services required to transform raw materials into precision finished products. We sell these finished products to customers in two main industry groups: defense and precision industrial.”5 It is headquartered in Wilmington, United States.2 Its shares trade on Nasdaq under the symbol TPCS.2

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Last updated Oct 21, 2026.

Overview

$31.6MRevenue, fiscal 20263
-$1.7MNet income, fiscal 20263

Compare with Gulf Island Fabrication, Proto Labs or Innovate Corp., or pick any stock.

  • TickerTPCS on Nasdaq2
  • IndustryFabricated Structural Metal Products2
  • HeadquartersWilmington, United States2
  • Incorporated inDE4
  • Business address1 Bella Drive, Westminster, Ma 014734
  • Filer categoryNon-accelerated filer, Smaller reporting company4
  • Legal formCorporation2
  • LEI5299009M2WJUB2QENR962
  • StatusActive2
  • LEI statusIssued and current2
  • Registered addressc/o CORPORATION SERVICE COMPANY, 251 LITTLE FALLS DRIVE, 19808 Wilmington, United States2
  • Registered withDivision of Corporations, Department of State, 39247072

We are a manufacturer of precision, large-scale fabricated and machined metal structural components and systems. We offer a full range of services required to transform raw materials into precision finished products. We sell these finished products to customers in two main industry groups: defense and precision industrial. Our mission is to be a leading end-to-end service provider to our customers by furnishing custom, fully integrated solutions for complete products that require custom fabrication, precision machining, assembly, integration, inspection, non-destructive evaluation, and testing.5 From its latest annual report

Financials

From the company’s reports to the SEC. Every number links to the filing it came from.

Key numbers, fiscal 2026

15.7%Gross margin3
-3.4%Operating margin3
-5.3%Net margin3
-7.0%Revenue growth, 20263
-21.7%Return on equity3
-$3.3MFree cash flow3

Where the money goes

Where each dollar of revenue went, fiscal 2026

  • Cost of revenue81¢$26.7M
  • Selling, general and admin18¢$6.0M
  • Income tax0¢$31.0K

Out of $31.6M in revenue.3 The company lost money this year.

Where each dollar of operating cash went, fiscal 2026

  • Capital spending100¢$3.3M

Out of $6.0K of cash from operations. Spending exceeded cash from operations; the rest came from savings or borrowing.3

Financial statements

Revenue678910113$31.6M in 2026+89% since 2019
0$10.0M$20.0M$30.0M$40.0M2019: $16.7M$16.7M20192020: $16.0M$16.0M2020−4%2021: $15.6M$15.6M2021−3%2022: $22.3M$22.3M2022+43%2023: $31.4M$31.4M2023+41%2024: $31.6M$31.6M2024+1%2025: $34.0M$34.0M2025+8%2026: $31.6M$31.6M2026−7%
Gross profit678910113$5.0M in 2026+9% since 2019
0$2.0M$4.0M$6.0M2019: $4.6M$4.6M20192020: $3.1M$3.1M2020−32%2021: $3.5M$3.5M2021+10%2022: $3.4M$3.4M2022−3%2023: $4.9M$4.9M2023+45%2024: $4.1M$4.1M2024−16%2025: $4.3M$4.3M2025+5%2026: $5.0M$5.0M2026+15%
Operating income678910113-$1.1M in 2026
-$6.0M-$4.0M-$2.0M0$2.0M2019: $1.8M$1.8M20192020: -$141.3K-$141.3K20202021: $623.2K$623.2K20212022: -$1.6M-$1.6M20222023: -$1.1M-$1.1M2023−29%2024: -$4.6M-$4.6M2024+319%2025: -$2.2M-$2.2M2025−53%2026: -$1.1M-$1.1M2026−51%
Net income128910113-$1.7M in 2026
-$7.5M-$5.0M-$2.5M0$2.5M2019: $1.1M$1.1M20192021: $320.6K$320.6K2021−71%2022: -$349.8K-$349.8K20222023: -$979.0K-$979.0K2023+180%2024: -$7.0M-$7.0M2024+619%2025: -$2.7M-$2.7M2025−61%2026: -$1.7M-$1.7M2026−39%
Fiscal year20192020202120222023202420252026
Revenue$16.7M6$16.0M7$15.6M8$22.3M9$31.4M10$31.6M11$34.0M3$31.6M3
Cost of revenue$12.1M12$12.9M7$12.1M8$18.9M9$26.5M10$27.5M11$29.7M3$26.7M3
Gross profit$4.6M6$3.1M7$3.5M8$3.4M9$4.9M10$4.1M11$4.3M3$5.0M3
Research and development
Selling, general and admin$2.7M6$2.8M7$2.8M8$4.9M9$6.0M10$8.8M11$6.5M3$6.0M3
Operating income$1.8M6-$141.3K7$623.2K8-$1.6M9-$1.1M10-$4.6M11-$2.2M3-$1.1M3
Interest$354.8K6$296.1K7$202.3K8$269.4K9$355.6K9
Income before tax-$542.2K9-$783.4K10-$5.1M11-$2.8M3-$1.6M3
Income tax$423.4K6-$73.0K7$104.9K8-$192.4K9$195.6K10$1.9M11-$2.0K3$31.0K3
Net income$1.1M12$320.6K8-$349.8K9-$979.0K10-$7.0M11-$2.7M3-$1.7M3
Earnings per share$0.046-$0.017$0.018-$0.049-$0.1110-$0.8111-$0.293-$0.173
Earnings per share (diluted)$0.046-$0.017$0.018-$0.049-$0.1110-$0.8111-$0.293-$0.173
Shares (weighted, basic)8.1M shares98.6M shares108.7M shares119.5M shares39.9M shares3
Shares (weighted, diluted)8.1M shares98.6M shares108.7M shares119.5M shares39.9M shares3

Compare TECHPRECISION CORP with another company

Corporate structure

TECHPRECISION CORP sits at the top of its group. 1 entity, 1 country on record. Switch between the flow chart and the network, and select any entity to see its details.

Major holders of TECHPRECISION CORP

  • TECHPRECISION CORP Wilmington, Delaware, United States

Built from parent and subsidiary links from GLEIF, the Global Legal Entity Identifier Foundation (CC0); major holders from Schedules 13D and 13G. Each entity in the chart links to its source.

What it owns

What TECHPRECISION CORP reports owning in its annual reports to the SEC: buildings, land and equipment, real estate and locations, investments, intangible assets and inventory, at the end of its latest fiscal year and a year before.

Property and equipment

ItemLatestA year beforeChange
Property and equipment, before depreciation$29.3M3 Mar 31, 2026$30.2M3 Mar 31, 2025−2.9%
Accumulated depreciation$18.4M3 Mar 31, 2026$16.4M3 Mar 31, 2025+12.4%
Property and equipment, net$10.9M3 Mar 31, 2026$13.8M3 Mar 31, 2025−21.2%

Investments

ItemLatestA year beforeChange
Cash and cash equivalents$195.0K11 Mar 31, 2025$138.0K11 Mar 31, 2024+41.3%

Inventory

ItemLatestA year beforeChange
Work in process$1.0M3 Mar 31, 2026$1.1M3 Mar 31, 2025−5.1%

Properties, in its own words

We own approximately 145,000 square feet of office and manufacturing space under roof, situated on approximately 65 acres in Westminster, Massachusetts that is used by our Ranor reportable segment. We believe that our current facilities in Westminster are adequate for our present operational requirements, with room for limited expansion. The manufacturing facilities include a fabrication

plant and a machining plant, providing custom solutions through our core competencies in manufacturing engineering, materials management and traceability, fabrication, machining, assembly and testing, finishing and coating, and packaging. Our capabilities include 100+ ton crane capacity, 35 feet under hook, weld positioners up to 50-ton, 400+ approved weld procedures, multiple weld cells, stress relief ovens, blast rooms, and multiple precision machining centers. Our loans from the Bank are secured by a first lien on all personal and real property of Ranor, including our space in Westminster, Massachusetts.

The rest of Item 2

We lease approximately 183,000 square feet of office and manufacturing space under roof, situated on approximately 5 acres in Los Angeles, California that is used by our Stadco reportable segment. Tooling capabilities include large-scale, high-precision, complex geometry invar, steel, and aluminum tools, molds, jigs and dies to support composite part manufacturers. Stadco can provide concurrent engineering, materials and process research, numerical control programming, fabrication and machining, planning and inspection, and final assembly. Our capabilities include 50+ ton crane capacity, CNC machining up to 65 feet, and one of the largest electron beam weld chambers in North America. Our loan from the Bank is secured by a first lien on all personal and real property of Stadco.

Item 2 of the 10-K filed Jun 25, 2026.5

Leadership

Who has led TECHPRECISION CORP, and when. Pick a name to see everywhere that person has worked.

Board members and other officers (13)

Named in SEC Form D filings

People the company listed in its private-offering notices.

  • DirectorAndrew A Levy named Jul 18, 202440
  • DirectorWalter M Schenker named Jul 18, 202440

Former names

  • LOUNSBERRY HOLDINGS II INCJun 23, 2005 to Mar 3, 20064

Timeline

  1. Sep 29, 20268-K Executive or director change; Shareholder vote41
  2. Sep 21, 20268-K Entered a material agreement42
  3. Aug 13, 20268-K Results of operations43
  4. Jun 22, 20268-K Results of operations44
  5. May 19, 20268-K Entered a material agreement45
  6. Feb 17, 20268-K Results of operations46
  7. Jan 14, 20268-K Entered a material agreement47
  8. Nov 13, 20258-K Results of operations48
  9. Oct 28, 20258-K Shareholder vote49
  10. Sep 18, 20258-K Director nominations; Other events50
  11. Aug 29, 20258-K Entered a material agreement51
  12. Aug 21, 20258-K Results of operations52
  13. Nov 21, 2014New chief executive Alexander Shen becomes CEO16
  14. Aug 10, 2010New chief executive James S. Molinaro becomes CEO18
  15. Apr 23, 2010New chief executive Stanley A. Youtt becomes CEO17
  16. Sep 16, 2009New chief executive Louis A. Winoski becomes CEO19
  17. Mar 14, 2006New chief executive James G. Reindl becomes CEO20
  18. Feb 10, 2005Founded TECHPRECISION CORP is founded2

Calendar

Coming up

  1. Nov 12, 2026Reports results for the quarter ending Sep/202653

When it reported results

  1. Aug 13, 2026Reported quarterly or annual results43
  2. Jun 22, 2026Reported quarterly or annual results44
  3. Feb 17, 2026Reported quarterly or annual results46
  4. Nov 13, 2025Reported quarterly or annual results48
  5. Aug 21, 2025Reported quarterly or annual results52
  6. Jul 29, 2025Reported quarterly or annual results54
  7. Apr 8, 2025Reported quarterly or annual results55
  8. Jan 21, 2025Reported quarterly or annual results56

Upcoming dates from Nasdaq's calendar; past results from the company's 8-K filings (Item 2.02). The full markets calendar

Filings

217 filings to the SEC since October 2021: 5 annual reports, 15 quarterly reports, 70 major events, 57 insider forms, 3 large holders, 1 private raises, 66 other. The latest 20:

  1. Sep 29, 20268-K EDGAR
  2. Sep 21, 20268-K EDGAR
  3. Sep 3, 2026DEF 14A EDGAR
  4. Aug 20, 20264 OWNERSHIP DOCUMENT EDGAR
  5. Aug 13, 202610-Q EDGAR
  6. Aug 13, 20268-K EDGAR
  7. Jun 25, 202610-K EDGAR
  8. Jun 22, 20268-K EDGAR
  9. May 19, 20268-K EDGAR
  10. Mar 10, 20264 OWNERSHIP DOCUMENT EDGAR
  11. Mar 10, 20264 OWNERSHIP DOCUMENT EDGAR
  12. Mar 10, 20264 OWNERSHIP DOCUMENT EDGAR
  13. Mar 10, 20264 OWNERSHIP DOCUMENT EDGAR
  14. Mar 2, 20264 OWNERSHIP DOCUMENT EDGAR
  15. Feb 17, 202610-Q EDGAR
  16. Feb 17, 20268-K EDGAR
  17. Jan 14, 20268-K EDGAR
  18. Dec 12, 2025424B3 EDGAR
  19. Dec 11, 2025EFFECT EDGAR
  20. Dec 9, 2025CORRESP EDGAR

The 217 filings since October 2021 can be filtered by form type and year here when JavaScript is on.

Every filing from the last five years, summarized. The full record is on SEC EDGAR.

Insider trades

12 open-market trades by officers, directors and large owners since October 2021: 0 buys and 12 sales. Grants, option exercises and gifts are left out.

DateWhoTradeSharesPriceValueFiling
Mar 16, 2023LEVY ANDREW ADirectorSale1,400$7.22$10.1KForm 4
Mar 15, 2023LEVY ANDREW ADirectorSale600$7.58$4.5KForm 4
Feb 28, 2023Schenker Walter MiltonDirectorSale1,800$8.03$14.5KForm 4
Feb 27, 2023LEVY ANDREW ADirectorSale1,500$8.07$12.1KForm 4
Feb 27, 2023Schenker Walter MiltonDirectorSale1,200$8.03$9.6KForm 4
Feb 24, 2023LEVY ANDREW ADirectorSale1,800$8.05$14.5KForm 4
Feb 24, 2023Schenker Walter MiltonDirectorSale4,000$8.05$32.2KForm 4
Feb 23, 2023LEVY ANDREW ADirectorSale1,610$1.97$3.2KForm 4
Feb 22, 2023LEVY ANDREW ADirectorSale11,400$2.03$23.1KForm 4
Feb 22, 2023Schenker Walter MiltonDirectorSale15,715$2.01$31.6KForm 4
Feb 21, 2023Schenker Walter MiltonDirectorSale15,213$2.06$31.3KForm 4
Feb 17, 2023Schenker Walter MiltonDirectorSale16,537$2.12$35.1KForm 4

From Forms 4 filed with the SEC.

Major holders

Investors who own more than 5% of the shares must tell the SEC: a 13D if they may seek to influence the company, a 13G if they hold passively.

Executive pay

What the company paid its top executives, from the summary compensation table in its proxy statement. Total pay includes salary, bonus, stock and option awards and other pay, as the company valued them.

YearExecutiveAgeSalaryTotal pay
2026Phillip Podgorski$266.0K$436.5K58
2026Alexander Shen64$352.7K$357.0K58
2025Chief Executive Officer$334.4K$337.8K58

Money raised

Private offerings the company reported to the SEC on Form D.

  1. Jul 3, 2024Raised $2.3 million in a private offering of equity Form D: 10 investors so far Form D

Held by these funds

The largest holders among investment managers' 13F reports for the quarter ending Jun 30, 2026, the top 25 of 27. Change is in shares since the quarter before.

FundSharesValueShare of the fundChange
Wynnefield Capital Inc433,605$2.3M1.6%No change
ARS Investment Partners, LLC313,443$1.6M0.1%−1,465
Vanguard Capital Management LLC282,430$1.5M0.0%+5,071
Potomac Capital Management, Inc.279,396$1.5M1.1%+29,835
Geode Capital Management, LLC97,289$509.9K0.0%+4,095
Commons Capital, LLC69,413$363.7K0.3%No change
Vanguard Fiduciary Trust Co53,538$280.5K0.0%+372
BlackRock, Inc.48,985$256.7K0.0%+29,001
State Street Corp47,400$248.4K0.0%No change
Diversify Advisory Services, LLC35,279$158.8K0.0%New
Diversify Wealth Management, LLC35,279$158.8K0.0%−9
Dimensional Fund Advisors LP25,710$134.7K0.0%+7,004
HBK Sorce Advisory LLC25,000$117.0K0.0%No change
Northern Trust Corp22,203$116.3K0.0%+2,755
XTX Topco Ltd16,050$84.1K0.0%+4,776
Rothschild Wealth LLC15,866$83.1K0.0%No change
Citadel Advisors LLC10,318$54.1K0.0%−85,589
Vanguard Global Advisers, LLC2,591$13.6K0.0%No change
West Paces Advisors Inc.834$4.4K0.0%New
Caldwell Sutter Capital, Inc.750$3.9K0.0%No change
Tower Research Capital LLC (TRC)721$3.8K0.0%−521
Armstrong Advisory Group, Inc625$3.3K0.0%No change
Royal Bank Of Canada164$1.0K0.0%+158
Atlantic Union Bankshares Corp50$2620.0%New
Barclays PLC42$2200.0%New

13F reports cover disclosed long positions in U.S. stocks only.

SEC filer profile

How TECHPRECISION CORP is registered with the Securities and Exchange Commission, from its EDGAR record and the cover page of its latest annual report.

  • Name on EDGARTECHPRECISION CORP1
  • CIK0001328792
  • Employer ID (EIN)51-05398285
  • Filer statusNon-accelerated filer not an emerging growth company; a smaller reporting company; not a shell company5
  • Incorporated inDelaware5
  • Fiscal year endsMarch 311
  • Industry code (SIC)3440 Fabricated Structural Metal Products1
  • SEC reviewing officeOffice of Manufacturing, Division of Corporation Finance1
  • Business address1 Bella Drive, Westminster, MA 014731
  • Phone978-874-05911
  • Shares outstanding10,100,311 as of Aug 6, 202615
  • Public float$45.0M as of Sep 30, 20255
  • AuditorCBIZ CPAs P.C., Philadelphia, Pennsylvania PCAOB ID 199; no auditor attestation of internal control over financial reporting5
  • On EDGAR sinceJun 23, 20051
  • Filings718 in all: 8-K (211), 4 (197), 10-Q (55), 3 (29), 10-K (18), UPLOAD (18), NT 10-Q (16), CORRESP (13)1
    All 53 form types

    DEF 14A (13), DFAN14A (13), 10-K/A (11), SC 13G/A (10), NT 10-K (9), 10QSB (8), SC 13G (7), 8-K/A (5), S-8 (5), SB-2/A (5), SC 13D (5), 10KSB (4), 10KSB/A (4), 424B3 (4), 5 (4), EFFECT (4), PRE 14A (4), S-1 (4), SC 13D/A (4), 10QSB/A (3), 10-Q/A (2), 144 (2), D (2), DEF 14C (2), DEFC14A (2), DFRN14A (2), PREC14A (2), REGDEX (2), S-1/A (2), SC TO-I/A (2), 10SB12G (1), 10SB12G/A (1), 3/A (1), 8-A12B (1), CERT (1), D/A (1), DEFA14A (1), DEFR14A (1), NTN 10Q (1), PRE 14C (1), PRER14A (1), PRRN14A (1), SB-2 (1), SC TO-I (1), SCHEDULE 13D/A (1)

  • Latest filingsAnnual report (10-K) Jun 25, 2026
    Quarterly report (10-Q) Aug 13, 2026
    Proxy statement (DEF 14A) Sep 3, 2026
    Latest 8-K (8-K) Sep 29, 2026

Securities registered for trading

ClassSymbolExchange
Common Stock, par value $0.0001 per shareTPCSNasdaq

From the cover page of the 10-K filed Jun 25, 2026 (Section 12(b) of the Exchange Act).5

Risk factors and legal proceedings

The risks TECHPRECISION CORP names in Item 1A of its 10-K filed Jun 25, 2026: 35 risks under these headings, as written.5

  • Risks Related to Our Business and Industry
  • Our auditors have indicated that there is substantial doubt about our ability to continue as a going concern.
  • We may pursue acquisitions and other strategic transactions and/or investments to complement or expand our business that may not be successful.
  • We face strong competition in our markets.
  • Because most of our contracts are individual purchase orders and not long-term agreements, there is no guarantee that we will be able to generate a similar amount of revenue in the future.
  • Our business may be impacted by external factors that we may not be able to control, including health emergencies like epidemics or pandemics, government tariffs, and geopolitical conflicts.
  • Because of our dependence on a limited number of customers, our failure to generate major contracts from a small number of customers may impair our ability to operate profitably.
  • Our backlog figures may not accurately predict future revenue or recognizable revenue.
  • Any decrease in the availability or increase in the cost of raw materials could materially affect our earnings.
  • All our manufacturing and production is done at two locations, in California and Massachusetts. We may be exposed to significant disruption to our business because of unforeseeable developments at either geographic location.
  • Our manufacturing processes are complex, must constantly be upgraded to remain competitive and depend upon critical, high-cost equipment that may require costly repair or replacement.
  • Our production facilities are energy-intensive, and we rely on third parties to supply energy consumed at our production facilities.
The other 24 risks
  • The dangers inherent in our operations and the limits on insurance coverage could expose us to potentially significant liability costs and materially interfere with the performance of our operations.
  • Our operating results may fluctuate significantly from quarter to quarter, and we cannot be certain that we will maintain profitability in every quarterly reporting period.
  • We recognize revenue for our defense contracts and some commercial contracts over-time under Accounting Standards Codification (ASC) 606 which requires significant management judgement. Errors made to estimates of revenue and costs could result in overstated or understated profits or losses, subject to adjustment.
  • Demand in our end-use markets can be cyclical, impacting on the demand for the products we produce.
  • We could be adversely affected by reductions in defense spending.
  • Failure to obtain and retain skilled technical personnel could adversely affect our operations.
  • The extensive environmental, health and safety regulatory regimes applicable to our manufacturing operations create potential exposure to significant liabilities.
  • Our systems and information technology infrastructure may be subject to security breaches and other cybersecurity incidents.
  • We are subject to regulations related to conflict minerals which could adversely impact our business.
  • Changes in delivery schedules and order specifications may affect our revenue stream.
  • Negative economic conditions may impact the demand for our services and the ability of our customers to meet their obligations with us on a timely basis. Any disputes with customers could also have an adverse impact on our income and cash flow.
  • If our customers successfully assert product liability claims against us due to defects in our products, our operating results may suffer, and our reputation may be harmed.
  • We maintain a substantial amount of outstanding indebtedness, which could impair our ability to operate our business and react to changes in our business, remain in compliance with debt covenants and make payments on our debt.
  • If we refinance our credit facilities, we cannot guarantee that any new credit facility will not contain similar covenants and restrictions.
  • We may need new or additional financing in the future to expand our business or refinance existing indebtedness, and our inability to obtain capital on satisfactory terms or at all may have an adverse impact on our operations and our financial results.
  • Any deterioration or disruption of the credit and capital markets may adversely affect our access to sources of funding.
  • Risks Related to our Common Stock
  • If we fail to maintain compliance with The Nasdaq Stock Market’s listing standards, our common stock could be delisted from Nasdaq.
  • Our stock price may fluctuate significantly.
  • The issuance of shares of our common stock as compensation may dilute the value of existing stockholders and may affect the market price of our stock.
  • The number of shares of common stock we have registered for resale is significant in relation to the number of our outstanding shares of common stock.
  • The trading volume of our common stock has fluctuated from time to time and is typically low, which may make it difficult for investors to sell their shares at times and prices that investors feel is appropriate.
  • Because of our cash requirements and restrictions in our debt agreements, we may be unable to pay dividends.
  • The rights of the holders of our common stock may be impaired by the potential issuance of preferred stock.
  • General Risk Factors
  • If securities analysts do not publish research or reports about our business, if they issue unfavorable commentary or downgrade their rating on our common stock, or if we fail to meet projections and estimates of earnings developed by such analysts, the price of our common stock could decline.

Legal proceedings

We may from time to time be subject to various legal or administrative claims and proceedings arising in the ordinary course of business. As of the date hereof, we are not a party to any material legal or administrative proceedings. Litigation or any other legal or administrative proceeding, regardless of the outcome, is likely to result in substantial cost and diversion of our resources, including our management’s time and attention.

The opening of Item 3, Legal Proceedings.5

Sources

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