SYPR — what changed in the latest 10-Q
A section-by-section comparison of SYPR's newest periodic SEC filing (10-K/10-Q) against the prior same-form filing: paragraphs added and removed per section, with verbatim excerpts. Purely a deterministic text diff — no similarity scores, no directional read, not investment advice.
Comparing 10-Q · 2026-08-18 vs the prior 10-Q · 2026-05-19
| Section | Outcome | Added | Removed | Minor | Unchanged |
|---|---|---|---|---|---|
| MD&A | Text added/removed | +21 | −20 | ~9 | 17 |
| Market risk (Item 3) | No paragraph-level changes | 0 | 0 | 0 | 1 |
| Controls & procedures | No paragraph-level changes | 0 | 0 | 0 | 2 |
| Legal proceedings | No paragraph-level changes | 0 | 0 | 0 | 3 |
| Risk factors | No material changes reported (points to the 10-K) | — | — | — | — |
| Other information | Text added/removed | 0 | 0 | ~1 | 0 |
Counts are paragraphs; added/removed means text added or removed vs the prior filing — no direction or judgement implied.
Representative excerpts
Up to 5 excerpts of about 300 characters per section, quoted verbatim from the two SEC filings.
MD&A
Text added vs the prior filing · source: 10-Q · 2026-08-18
Six Months Ended July 5, 2026 Compared to Six Months Ended June 29, 2025.
Net Revenue. Sypris Technologies derives its revenue from the sale of forged and finished steel components and subassemblies and high-pressure closures and other fabricated products. Net revenue for Sypris Technologies for the three- and six-month periods ended July 5, 2026 increased $0.8 million an…
Sypris Electronics derives its revenue primarily from circuit card and full “box build” manufacturing, high reliability manufacturing and systems assembly and integration. Net revenue for Sypris Electronics decreased $1.9 million and $4.4 million, respectively, for the three and six months ended Jul…
Gross Profit. Sypris Technologies’ gross profit increased $0.6 million and decreased $0.1 million for the three and six months ended July 5, 2026, respectively, from the prior year comparable periods as a result of the change in volumes. However, unfavorable foreign exchange rates for our Mexican su…
Sypris Electronics’ gross profit decreased $1.2 million and $3.1 million for the three and six months ended July 5, 2026, respectively, from the prior year comparable periods. The decrease in gross profit for the three and six months ended July 5, 2026 was primarily a result of lower volumes and hig…
Text removed vs the prior filing · source: 10-Q · 2026-05-19
Management’s Discussion and Analysis of Financial Condition and Results of Operations
Net Revenue. Sypris Technologies derives its revenue from the sale of forged and finished steel components and subassemblies and high-pressure closures and other fabricated products. Net revenue for Sypris Technologies decreased 8.6%, or $1.2 million, for the first quarter of 2026 compared to the fi…
Sypris Electronics derives its revenue primarily from circuit card and full “box build” manufacturing, high reliability manufacturing and systems assembly and integration. Net revenue for Sypris Electronics decreased $2.5 million to $13.4 million in the first quarter of 2026 compared to $15.9 millio…
Gross Profit. Sypris Technologies’ gross profit decreased $0.7 million to $1.4 million in the first quarter of 2026 as compared to the first quarter of 2025 as a result of lower volumes in the commercial vehicle market and the related loss of fixed overhead absorption and an unfavorable foreign exch…
Sypris Electronics’ gross profit decreased $1.9 million to a loss of $0.6 million in the first quarter of 2026 as compared to gross profit of $1.3 million for the first quarter of 2025. The decrease in gross profit was primarily a result of lower volumes and higher scrap incurred during the period, …
How to read Risk Factors (Item 1A) in a 10-Q
A 10-Q risk-factor section usually takes one of three forms; this page classifies it as one of:
- Pointer — the filer states there have been no material changes and points back to the annual 10-K risk factors; there is no own risk text to compare this quarter.
- Partial update — the filer carves out specific updated risks ("except as set forth below"); the excerpts show exactly what is new this quarter.
- Restated in full — the quarter carries the complete risk-factor text. When the prior quarter was only a pointer there is no prior full text to diff against, so the page flags the section as restated instead.
This describes the filing structure only — it is never a judgement on whether risk went up or down.
Source: text-level diff of the two SEC EDGAR filings · deterministic (no AI-generated content) · for reference only · not investment advice