CPS Technologies Reports Record Q3 2026 Revenue and Margin Expansion
CPS Technologies (CPSH) achieved record quarterly revenue of $8.9 million for the third quarter of fiscal 2026, driven by increased production volumes and heightened demand in the aerospace, defense, and AI-driven infrastructure sectors. The company saw significant gross margin expansion to 20.9%, a three-year high, alongside improved non-GAAP net income of $350,000. To support long-term growth, the company is executing a major facility relocation to an 80,000 sq ft site in Attleboro, Massachusetts, which will double its manufacturing footprint. Management noted that inventory levels have been intentionally increased to mitigate supply risks during this transition. Additionally, CPSH secured a $1.15 million Small Business Technology Transfer award for tungsten warhead development and reported its first military contractor order utilizing QuickSet Injection Molding technology.
Tickers: $CPSH
Topics: financial results gross margin expansion net income growth revenue record