CPSH (CPS Technologies Corporation) Stock Financials & Earnings

CPSHCPS Technologies Corporation

Mkt Cap$60M

Technology·Hardware, Equipment & Parts·🇺🇸 United States·NASDAQ

Revenue (TTM)$33M

Net Income (TTM)$420.3B

EPS (TTM)$0.03

Free Cash Flow (TTM)-$486.2B

Gross Margin16.2%

Op. Margin1.4%

Net Margin1289257.0%

FCF Margin-1491447.6%

P/S Ratio (TTM)1.8x

P/E Ratio (TTM)0.0x

YoY Rev Growth+54.3%

Employees—

Earnings Reports

▶Q4 2025NEW

Next: Q1 2026 · Mar 11

CPS Technologies Corporation produces and sells advanced material solutions to the transportation, automotive, energy, computing/internet, telecommunication, aerospace, defense, and oil and gas market...

CEO Brian MackeyIPO Apr 5, 1994cpstechnologysolutions.com

Revenue & Profitability

Quarter	Revenue	Gross Profit	Op. Income
Q1 23	$7M	$2M	$694K
Q2 23	$7M	$2M	$731K
Q3 23	$6M	$1M	$131K
Q4 23	$7M	$1M	$144K
Q1 24	$6M	$906K	-$260K
Q2 24	$5M	-$230K	-$1M
Q3 24	$4M	-$523K	-$1M
Q4 24	$6M	-$272K	-$1M
Q1 25	$8M	$1M	$130K
Q2 25	$8M	$1M	$137K
Q3 25	$9M	$2M	$276K
Q4 25	$8M	$1M	-$99K

Valuation

Quarter	P/S	P/E
Q1 23	1.6x	19.5x
Q2 23	1.5x	17.8x
Q3 23	1.5x	26.9x
Q4 23	1.2x	24.6x
Q1 24	1.0x	33.7x
Q2 24	1.0x	—
Q3 24	0.9x	—
Q4 24	1.1x	—
Q1 25	1.0x	—
Q2 25	1.6x	—
Q3 25	1.7x	—
Q4 25	1.4x	0.0x

Operating Cash Flow

Quarter	Operating CF	Free CF
Q1 23	-$719K	-$896K
Q2 23	$2M	$1M
Q3 23	$235K	$101K
Q4 23	$197K	$46K
Q1 24	$129K	-$134K
Q2 24	-$1M	-$2M
Q3 24	-$1M	-$1M
Q4 24	-$1M	-$1M
Q1 25	-$1M	-$1M
Q2 25	$649K	$455K
Q3 25	$1M	$872K
Q4 25	$243.8B	-$486.2B

Capital Expenditures

CapEx

Quarter	CapEx
Q1 23	$177K
Q2 23	$257K
Q3 23	$134K
Q4 23	$151K
Q1 24	$263K
Q2 24	$552K
Q3 24	$80K
Q4 24	$98K
Q1 25	$93K
Q2 25	$194K
Q3 25	$178K
Q4 25	$730.0B

OpEx vs Revenue Growth (YoY)

Quarter	Revenue Growth	OpEx Growth
Q1 23	+6.7%	+4.9%
Q2 23	+4.9%	+4.5%
Q3 23	-6.9%	+1.9%
Q4 23	+10.3%	+13.7%
Q1 24	-16.7%	-3.7%
Q2 24	-32.2%	-5.1%
Q3 24	-32.4%	-6.8%
Q4 24	-12.1%	+9.8%
Q1 25	+26.9%	+19.5%
Q2 25	+60.6%	+25.2%
Q3 25	+107.3%	+48.7%
Q4 25	+38.3%	+14.5%

Stock-Based Compensation

Quarter	SBC ($)	% of Revenue
Q1 23	$130K	1.8%
Q2 23	$17K	0.2%
Q3 23	$28K	0.4%
Q4 23	$29K	0.4%
Q1 24	$161K	2.7%
Q2 24	$44K	0.9%
Q3 24	$44K	1.0%
Q4 24	$60K	1.0%
Q1 25	$122K	1.6%
Q2 25	$49K	0.6%
Q3 25	$49K	0.6%
Q4 25	$272.6B	3321568.9%

OpEx Breakdown

Quarter	G&A	S&M	SG&A
Q1 23	—	—	$2M
Q2 23	—	—	$1M
Q3 23	—	—	$1M
Q4 23	$176K	$829K	—
Q1 24	—	—	$1M
Q2 24	—	—	$1M
Q3 24	—	—	$963K
Q4 24	—	—	$1M
Q1 25	—	—	$1M
Q2 25	—	—	$1M
Q3 25	—	—	$1M
Q4 25	—	—	$1.2B

War Chest

Quarter	Cash	Short-term Investments	Total
Q1 23	$7M	$0	$7M
Q2 23	$9M	$0	$9M
Q3 23	$9M	$0	$9M
Q4 23	$9M	$0	$9M
Q1 24	$9M	$0	$9M
Q2 24	$6M	$759K	$7M
Q3 24	$5M	$1M	$6M
Q4 24	$3M	$1M	$4M
Q1 25	$2M	$1M	$3M
Q2 25	$2M	$1M	$3M
Q3 25	$3M	$1M	$4M
Q4 25	$4M	$9M	$13M

Shares Outstanding

Quarter	Shares (Diluted)	QoQ Change
Q1 23	15M	-0.1%
Q2 23	15M	-0.1%
Q3 23	15M	+0.1%
Q4 23	15M	-0.1%
Q1 24	15M	-0.7%
Q2 24	15M	+0.0%
Q3 24	15M	+0.0%
Q4 24	15M	+0.0%
Q1 25	15M	+0.1%
Q2 25	15M	+0.2%
Q3 25	15M	+0.7%
Q4 25	18M	+24.0%

Revenue Per Employee

Revenue / Employee

Year	Revenue/Employee	Employees
FY 14	$162K	143
FY 15	$149K	146
FY 16	$148K	104
FY 17	$102K	143
FY 18	$138K	156
FY 19	$141K	152
FY 20	$201K	104
FY 21	$249K	90
FY 22	$309K	86
FY 23	$276K	100
FY 24	$230K	92
FY 25	$279K	117