CPS Technologies Corp. ( (CPSH) ) has released its Q2 earnings. Here is a breakdown of the information CPS Technologies Corp. presented to its investors.
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CPS Technologies Corp. is a leader in high-performance materials solutions, catering to industries such as aerospace, defense, and renewable energy with innovative products like hermetic packages and armor solutions.
In its latest earnings report, CPS Technologies Corp. announced record revenue of $8.1 million for the second quarter of 2025, marking a significant increase from the previous year’s $5.0 million. The company also reported a return to profitability, with a net income of $0.1 million, highlighting a positive turnaround from the prior year’s losses.
Key financial metrics from the report include a gross margin of 16.5%, a stark improvement from a gross loss in the previous year, and an operating profit of $0.1 million compared to a $1.3 million operating loss last year. The company also secured its fourth Small Business Innovation Research contract of the year, focusing on reducing the weight of the Amphibious Combat Vehicle for the U.S. Marine Corps, and announced its first order for the AlMax material, showcasing its commitment to innovation and market expansion.
Looking ahead, CPS Technologies Corp. remains optimistic about its financial performance, with expectations of strong revenue and improved gross margins in the latter half of the year. The company is dedicated to enhancing operational efficiency and expanding its product offerings to meet growing market demands.