TechPrecision Corp
NASDAQ:TPCS
Income Statement
Earnings Waterfall
TechPrecision Corp
Income Statement
TechPrecision Corp
| Mar-2007 | Jun-2007 | Sep-2007 | Dec-2007 | Mar-2008 | Jun-2008 | Sep-2008 | Dec-2008 | Mar-2009 | Jun-2009 | Sep-2009 | Dec-2009 | Mar-2010 | Jun-2010 | Sep-2010 | Dec-2010 | Mar-2011 | Jun-2011 | Sep-2011 | Dec-2011 | Mar-2012 | Jun-2012 | Sep-2012 | Dec-2012 | Mar-2013 | Jun-2013 | Sep-2013 | Dec-2013 | Mar-2014 | Jun-2014 | Sep-2014 | Dec-2014 | Mar-2015 | Jun-2015 | Sep-2015 | Dec-2015 | Mar-2016 | Jun-2016 | Sep-2016 | Dec-2016 | Mar-2017 | Jun-2017 | Sep-2017 | Dec-2017 | Mar-2018 | Jun-2018 | Sep-2018 | Dec-2018 | Mar-2019 | Jun-2019 | Sep-2019 | Dec-2019 | Mar-2020 | Jun-2020 | Sep-2020 | Dec-2020 | Mar-2021 | Jun-2021 | Sep-2021 | Dec-2021 | Mar-2022 | Jun-2022 | Sep-2022 | Dec-2022 | Mar-2023 | Jun-2023 | Sep-2023 | Dec-2023 | Mar-2024 | Jun-2024 | Sep-2024 | Dec-2024 | Mar-2025 | Jun-2025 | Sep-2025 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Interest Expense |
1
|
1
|
1
|
1
|
1
|
1
|
1
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
1
|
1
|
1
|
2
|
2
|
1
|
1
|
1
|
1
|
1
|
1
|
1
|
1
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
1
|
1
|
1
|
1
|
1
|
1
|
1
|
|
| Revenue |
19
N/A
|
21
+12%
|
24
+12%
|
28
+17%
|
32
+13%
|
37
+16%
|
44
+20%
|
43
-2%
|
38
-12%
|
30
-22%
|
31
+5%
|
28
-11%
|
28
+1%
|
31
+10%
|
24
-22%
|
29
+18%
|
32
+12%
|
35
+9%
|
34
-3%
|
35
+3%
|
33
-6%
|
31
-6%
|
32
+3%
|
29
-11%
|
32
+14%
|
32
0%
|
30
-9%
|
27
-7%
|
21
-23%
|
20
-4%
|
20
-3%
|
18
-8%
|
18
+2%
|
16
-10%
|
16
-3%
|
16
N/A
|
17
+6%
|
17
+2%
|
17
-3%
|
18
+11%
|
19
+0%
|
20
+6%
|
21
+5%
|
19
-8%
|
19
-1%
|
17
-9%
|
16
-6%
|
17
+4%
|
17
+0%
|
17
+1%
|
16
-3%
|
16
-4%
|
16
+1%
|
15
-7%
|
17
+11%
|
16
-1%
|
16
-5%
|
16
+1%
|
16
+1%
|
19
+19%
|
22
+19%
|
26
+16%
|
30
+14%
|
31
+6%
|
31
0%
|
32
+1%
|
31
-2%
|
30
-2%
|
32
+4%
|
32
+2%
|
33
+3%
|
33
0%
|
34
+3%
|
33
-2%
|
34
+0%
|
|
| Gross Profit | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Cost of Revenue |
(16)
|
(17)
|
(19)
|
(22)
|
(23)
|
(27)
|
(31)
|
(29)
|
(26)
|
(20)
|
(24)
|
(23)
|
(22)
|
(23)
|
(17)
|
(19)
|
(22)
|
(25)
|
(25)
|
(28)
|
(28)
|
(27)
|
(28)
|
(24)
|
(26)
|
(27)
|
(25)
|
(24)
|
(22)
|
(21)
|
(20)
|
(19)
|
(16)
|
(13)
|
(12)
|
(11)
|
(11)
|
(11)
|
(11)
|
(12)
|
(12)
|
(13)
|
(14)
|
(14)
|
(15)
|
(14)
|
(13)
|
(13)
|
(12)
|
(12)
|
(12)
|
(12)
|
(13)
|
(12)
|
(13)
|
(13)
|
(12)
|
(12)
|
(12)
|
(16)
|
(19)
|
(23)
|
(26)
|
(26)
|
(27)
|
(27)
|
(27)
|
(27)
|
(27)
|
(29)
|
(30)
|
(30)
|
(30)
|
(28)
|
(27)
|
|
| Gross Profit |
4
N/A
|
4
+25%
|
5
+14%
|
7
+32%
|
8
+25%
|
10
+21%
|
14
+35%
|
14
+0%
|
12
-11%
|
9
-23%
|
7
-25%
|
5
-23%
|
6
+15%
|
8
+29%
|
8
-1%
|
10
+24%
|
10
+3%
|
10
+1%
|
9
-7%
|
7
-23%
|
5
-30%
|
4
-26%
|
4
+1%
|
5
+30%
|
7
+33%
|
6
-11%
|
5
-21%
|
4
-24%
|
(1)
N/A
|
(1)
-27%
|
(1)
+15%
|
(1)
-54%
|
2
N/A
|
3
+46%
|
4
+16%
|
5
+19%
|
5
+18%
|
6
+5%
|
6
+1%
|
7
+17%
|
6
-10%
|
6
+3%
|
6
-1%
|
5
-26%
|
4
-14%
|
3
-18%
|
3
-10%
|
4
+19%
|
5
+31%
|
5
+2%
|
4
-15%
|
3
-17%
|
3
-5%
|
3
-13%
|
3
+26%
|
4
+12%
|
3
-10%
|
4
+4%
|
3
-6%
|
3
-7%
|
3
+7%
|
3
0%
|
4
+24%
|
5
+24%
|
5
-6%
|
5
-2%
|
4
-15%
|
4
-8%
|
4
+10%
|
4
-11%
|
4
0%
|
3
-5%
|
4
+25%
|
5
+18%
|
7
+28%
|
|
| Operating Income | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Operating Expenses |
(2)
|
(2)
|
(2)
|
(2)
|
(2)
|
(2)
|
(2)
|
(2)
|
(2)
|
(3)
|
(3)
|
(3)
|
(3)
|
(4)
|
(4)
|
(4)
|
(5)
|
(6)
|
(7)
|
(7)
|
(8)
|
(9)
|
(9)
|
(9)
|
(8)
|
(8)
|
(7)
|
(7)
|
(6)
|
(6)
|
(5)
|
(5)
|
(5)
|
(4)
|
(4)
|
(4)
|
(3)
|
(3)
|
(3)
|
(4)
|
(4)
|
(3)
|
(3)
|
(3)
|
(3)
|
(3)
|
(3)
|
(3)
|
(3)
|
(3)
|
(3)
|
(3)
|
(3)
|
(3)
|
(3)
|
(3)
|
(3)
|
(3)
|
(3)
|
(4)
|
(5)
|
(5)
|
(6)
|
(6)
|
(6)
|
(6)
|
(6)
|
(7)
|
(9)
|
(9)
|
(9)
|
(8)
|
(6)
|
(6)
|
(6)
|
|
| Selling, General & Administrative |
(2)
|
(2)
|
(2)
|
(2)
|
(2)
|
(2)
|
(2)
|
(2)
|
(2)
|
(3)
|
(3)
|
(3)
|
(3)
|
(4)
|
(4)
|
(4)
|
(5)
|
(6)
|
(7)
|
(7)
|
(8)
|
(9)
|
(9)
|
(9)
|
(8)
|
(8)
|
(7)
|
(7)
|
(6)
|
(6)
|
(5)
|
(5)
|
(5)
|
(4)
|
(4)
|
(4)
|
(3)
|
(3)
|
(3)
|
(4)
|
(4)
|
(4)
|
(4)
|
(3)
|
(3)
|
(3)
|
(3)
|
(3)
|
(3)
|
(3)
|
(3)
|
(3)
|
(3)
|
(3)
|
(3)
|
(3)
|
(3)
|
(3)
|
(3)
|
(4)
|
(5)
|
(5)
|
(6)
|
(6)
|
(6)
|
(6)
|
(6)
|
(7)
|
(9)
|
(9)
|
(9)
|
(8)
|
(6)
|
(6)
|
(6)
|
|
| Other Operating Expenses |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
|
| Operating Income |
1
N/A
|
2
+66%
|
3
+27%
|
5
+54%
|
6
+36%
|
8
+24%
|
11
+44%
|
11
N/A
|
10
-15%
|
7
-31%
|
4
-37%
|
2
-49%
|
3
+28%
|
4
+55%
|
4
-12%
|
5
+42%
|
5
-11%
|
4
-13%
|
3
-36%
|
(0)
N/A
|
(3)
-2 485%
|
(5)
-47%
|
(5)
+1%
|
(4)
+16%
|
(2)
+61%
|
(2)
-29%
|
(3)
-37%
|
(3)
-9%
|
(7)
-122%
|
(7)
+3%
|
(6)
+6%
|
(6)
+5%
|
(2)
+62%
|
(1)
+72%
|
0
N/A
|
1
+314%
|
2
+143%
|
2
+8%
|
3
+10%
|
2
-8%
|
2
-24%
|
3
+73%
|
3
-1%
|
2
-46%
|
1
-41%
|
0
-52%
|
0
-79%
|
1
+510%
|
2
+202%
|
2
+2%
|
1
-36%
|
1
-57%
|
0
-31%
|
(1)
N/A
|
0
N/A
|
0
+227%
|
1
+27%
|
1
+32%
|
0
-43%
|
(0)
N/A
|
(1)
-254%
|
(2)
-53%
|
(2)
-9%
|
(1)
+53%
|
(1)
-14%
|
(1)
-2%
|
(2)
-45%
|
(3)
-77%
|
(5)
-59%
|
(5)
-16%
|
(5)
+2%
|
(5)
+6%
|
(2)
+57%
|
(1)
+41%
|
0
N/A
|
|
| Pre-Tax Income | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Interest Income Expense |
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(1)
|
(1)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(1)
|
(1)
|
(1)
|
(2)
|
(2)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
|
| Non-Reccuring Items |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
1
|
1
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(1)
|
0
|
0
|
0
|
0
|
1
|
1
|
1
|
1
|
(0)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
|
| Gain/Loss on Disposition of Assets |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
|
| Total Other Income |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(0)
|
(0)
|
1
|
1
|
1
|
1
|
0
|
0
|
0
|
0
|
0
|
0
|
(0)
|
(0)
|
(0)
|
|
| Pre-Tax Income |
1
N/A
|
2
+219%
|
2
+45%
|
4
+68%
|
6
+43%
|
7
+27%
|
11
+47%
|
11
+0%
|
9
-16%
|
6
-32%
|
4
-40%
|
2
-54%
|
2
+35%
|
4
+67%
|
3
-13%
|
5
+42%
|
4
-11%
|
4
-14%
|
2
-40%
|
(0)
N/A
|
(4)
-776%
|
(5)
-45%
|
(5)
+1%
|
(4)
+14%
|
(2)
+56%
|
(2)
-23%
|
(3)
-32%
|
(3)
-8%
|
(7)
-113%
|
(7)
+2%
|
(7)
+0%
|
(7)
-3%
|
(4)
+49%
|
(2)
+39%
|
(1)
+46%
|
(0)
+79%
|
1
N/A
|
2
+17%
|
2
+19%
|
3
+53%
|
2
-22%
|
3
+11%
|
3
+2%
|
1
-51%
|
1
-56%
|
0
-88%
|
(0)
N/A
|
0
N/A
|
2
+508%
|
2
+5%
|
1
-41%
|
0
-71%
|
(0)
N/A
|
(1)
-115%
|
(0)
+89%
|
0
N/A
|
0
+65%
|
2
+360%
|
1
-34%
|
0
-91%
|
(1)
N/A
|
(3)
-383%
|
(2)
+32%
|
(0)
+80%
|
(1)
-117%
|
(1)
N/A
|
(2)
-159%
|
(3)
-64%
|
(5)
-55%
|
(6)
-15%
|
(6)
+2%
|
(5)
+5%
|
(3)
+50%
|
(2)
+31%
|
(0)
+76%
|
|
| Net Income | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Tax Provision |
(0)
|
(1)
|
(1)
|
(1)
|
(2)
|
(3)
|
(5)
|
(5)
|
(3)
|
(2)
|
(1)
|
1
|
(0)
|
(1)
|
(1)
|
(2)
|
(2)
|
(1)
|
(1)
|
(0)
|
1
|
2
|
2
|
2
|
(0)
|
(1)
|
(1)
|
(1)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(0)
|
(0)
|
(0)
|
3
|
3
|
2
|
1
|
(2)
|
(1)
|
(1)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
0
|
0
|
(0)
|
(0)
|
(0)
|
(0)
|
0
|
0
|
0
|
0
|
0
|
(0)
|
(0)
|
(0)
|
0
|
0
|
(2)
|
(2)
|
(2)
|
(2)
|
0
|
0
|
0
|
|
| Income from Continuing Operations |
0
|
1
|
2
|
3
|
4
|
4
|
6
|
6
|
6
|
4
|
3
|
2
|
2
|
3
|
3
|
3
|
3
|
2
|
1
|
(1)
|
(2)
|
(3)
|
(3)
|
(3)
|
(2)
|
(3)
|
(4)
|
(4)
|
(7)
|
(7)
|
(7)
|
(7)
|
(4)
|
(2)
|
(1)
|
(0)
|
1
|
2
|
2
|
3
|
5
|
5
|
5
|
3
|
(1)
|
(1)
|
(1)
|
(0)
|
1
|
1
|
1
|
0
|
(0)
|
(1)
|
(0)
|
0
|
0
|
2
|
1
|
0
|
(0)
|
(2)
|
(2)
|
(1)
|
(1)
|
(1)
|
(2)
|
(3)
|
(7)
|
(8)
|
(8)
|
(8)
|
(3)
|
(2)
|
(0)
|
|
| Net Income (Common) |
(0)
N/A
|
0
N/A
|
1
+237%
|
2
+85%
|
4
+49%
|
4
+25%
|
6
+43%
|
6
-6%
|
6
+0%
|
4
-28%
|
3
-27%
|
2
-26%
|
2
-10%
|
3
+46%
|
3
-15%
|
3
+25%
|
3
-15%
|
2
-16%
|
1
-42%
|
(1)
N/A
|
(2)
-212%
|
(3)
-52%
|
(3)
+1%
|
(3)
+19%
|
(2)
+7%
|
(3)
-30%
|
(4)
-25%
|
(4)
-5%
|
(7)
-72%
|
(7)
+2%
|
(7)
+2%
|
(7)
-3%
|
(4)
+49%
|
(2)
+41%
|
(1)
+43%
|
(0)
+79%
|
1
N/A
|
2
+18%
|
2
+19%
|
3
+52%
|
5
+76%
|
5
0%
|
5
-4%
|
3
-34%
|
(0)
N/A
|
(1)
-96%
|
(1)
-36%
|
0
N/A
|
1
+479%
|
1
+5%
|
1
-41%
|
0
-78%
|
(0)
N/A
|
(1)
-100%
|
(0)
+82%
|
0
N/A
|
0
+113%
|
2
+463%
|
1
-27%
|
0
-65%
|
(0)
N/A
|
(2)
-534%
|
(2)
+27%
|
(1)
+64%
|
(1)
-69%
|
(1)
-3%
|
(2)
-91%
|
(3)
-52%
|
(7)
-141%
|
(8)
-13%
|
(8)
-1%
|
(8)
+1%
|
(3)
+66%
|
(2)
+31%
|
(0)
+76%
|
|
| EPS (Diluted) |
-0.15
N/A
|
0.07
N/A
|
0.26
+271%
|
0.33
+27%
|
0.5
+52%
|
0.66
+32%
|
0.93
+41%
|
0.96
+3%
|
0.92
-4%
|
1.21
+32%
|
0.56
-54%
|
0.43
-23%
|
0.39
-9%
|
0.57
+46%
|
0.49
-14%
|
0.6
+22%
|
0.47
-22%
|
0.37
-21%
|
0.31
-16%
|
-0.15
N/A
|
-0.51
-240%
|
-0.7
-37%
|
-0.68
+3%
|
-0.55
+19%
|
-0.51
+7%
|
-0.64
-25%
|
-0.79
-23%
|
-0.83
-5%
|
-1.37
-65%
|
-1.15
+16%
|
-1.06
+8%
|
-1.12
-6%
|
-0.59
+47%
|
-0.34
+42%
|
-0.2
+41%
|
-0.05
+75%
|
0.2
N/A
|
0.23
+15%
|
0.27
+17%
|
0.41
+52%
|
0.71
+73%
|
0.7
-1%
|
0.67
-4%
|
0.44
-34%
|
-0.03
N/A
|
-0.07
-133%
|
-0.09
-29%
|
0.02
N/A
|
0.15
+650%
|
0.15
N/A
|
0.09
-40%
|
0.02
-78%
|
-0.05
N/A
|
-0.09
-80%
|
-0.02
+78%
|
0.01
N/A
|
0.04
+300%
|
0.23
+475%
|
0.17
-26%
|
0.07
-59%
|
-0.04
N/A
|
-0.27
-575%
|
-0.17
+37%
|
-0.08
+53%
|
-0.11
-38%
|
-0.13
-18%
|
-0.23
-77%
|
-0.34
-48%
|
-0.81
-138%
|
-0.91
-12%
|
-0.84
+8%
|
-0.83
+1%
|
-0.29
+65%
|
-0.2
+31%
|
-0.05
+75%
|
|