SYPRIS SOLUTIONS INC
For the period ended Aug 18, 2026. Filed Aug 18, 2026.
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Aug 18, 2026 · Filed Aug 18, 2026
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EX-99 · Sypris Electronics
Sypris Electronics
Revenue for Sypris Electronics was $15.5 million in the second quarter of 2026 compared to $17.3 million for the prior-year period as a result of material availability issues in addition to customer design changes on certain new programs, which pushed out delivery dates. Gross profit for the second quarter of 2026 was a loss of $0.8 million, or (4.9%) of revenue, compared to $0.4 million, or 2.5% of revenue, for the same period in 2025. Material availability issues have delayed certain customer deliveries, limited our ability to ramp up production in response to customer demand for certain products and have caused out-of-sequence manufacturing, which increases costs and decreases operational efficiency. Additionally, gross profit for the second quarter of 2026 reflected the impact of $0.7 million of charges for excess and obsolete inventory taken during the period.
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