Sypris Solutions' Q2 revenue falls 11%, net loss widens on tariff impact

Sypris Solutions

12/08/2025 12:55

Corrects to remove reference to net loss widening in headline

Overview

Sypris Q2 revenue falls to $31.4 mln, down from $35.5 mln last year

Company reports Q2 net loss of $2.1 mln, compared to breakeven last year

Orders for Sypris Electronics surge 110% to $47 mln, boosting backlog 26%

Outlook

Company anticipates moderate production decrease in automotive and commercial vehicle markets

Sypris Electronics' strong backlog expected to offset revenue declines

Company exploring growth in LNG demand and CO2 capture markets

Sypris expects cyclical decline in commercial vehicle market to impact revenue

Result Drivers

TARIFF IMPACT - Revenue decline attributed to tariffs reducing demand from transportation customers and conversion to sub-maquiladora model

MATERIAL ISSUES - Gross profit affected by production inefficiencies and material availability issues for Sypris Electronics

ORDER SURGE - Sypris Electronics orders increased 110%, boosting backlog by 26%

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q2 Revenue
$31.43 mln
Q2 Net Income
-$2.05 mln
Q2 Gross Profit
$2.58 mln
Q2 Operating Income
-$1.44 mln
Q2 Pretax Profit
-$2.05 mln


Press Release: ID:nBw5V7WWMa

 (This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)