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Side-by-side financial comparison of NORTECH SYSTEMS INC (NSYS) and SYPRIS SOLUTIONS INC (SYPR). Click either name above to swap in a different company.
NORTECH SYSTEMS INC is the larger business by last-quarter revenue ($30.3M vs $30.3M, roughly 1.0× SYPRIS SOLUTIONS INC). NORTECH SYSTEMS INC runs the higher net margin — 3.0% vs -12.9%, a 15.9% gap on every dollar of revenue. On growth, NORTECH SYSTEMS INC posted the faster year-over-year revenue change (5.9% vs -9.5%). NORTECH SYSTEMS INC produced more free cash flow last quarter ($5.5M vs $-1.5M). Over the past eight quarters, NORTECH SYSTEMS INC's revenue compounded faster (-5.9% CAGR vs -7.7%).
Nortech Systems Inc is a global electronics manufacturing services provider. It delivers end-to-end solutions covering product design, prototyping, full-scale production, and supply chain management for clients operating in medical technology, industrial automation, aerospace and defense, and transportation sectors. It specializes in high-reliability, regulatory-compliant electronic components and assemblies tailored to strict industry standards.
Sypris Solutions Inc. is a U.S.-headquartered provider of highly engineered components and specialized technical services, primarily serving aerospace, defense, automotive and commercial industrial markets. It delivers custom manufacturing, performance testing, and value-added engineering support for mission-critical systems and parts for global enterprise clients.
NSYS vs SYPR — Head-to-Head
Income Statement — Q4 FY2025 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $30.3M | $30.3M |
| Net Profit | $897.0K | $-3.9M |
| Gross Margin | 16.7% | 4.6% |
| Operating Margin | 3.0% | -10.9% |
| Net Margin | 3.0% | -12.9% |
| Revenue YoY | 5.9% | -9.5% |
| Net Profit YoY | 160.7% | -2992.6% |
| EPS (diluted) | $0.32 | $-0.17 |
Green = leading value per metric. Periods may differ when fiscal calendars don't align.
8-Quarter Revenue & Profit Trend
Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.
| Q4 25 | $30.3M | $30.3M | ||
| Q3 25 | $30.5M | $28.7M | ||
| Q2 25 | $30.7M | $31.4M | ||
| Q1 25 | $26.9M | $29.5M | ||
| Q4 24 | $28.6M | $33.4M | ||
| Q3 24 | $31.4M | $35.7M | ||
| Q2 24 | $33.9M | $35.5M | ||
| Q1 24 | $34.2M | $35.6M |
| Q4 25 | $897.0K | $-3.9M | ||
| Q3 25 | $-146.0K | $517.0K | ||
| Q2 25 | $313.0K | $-2.1M | ||
| Q1 25 | $-1.3M | $-899.0K | ||
| Q4 24 | $-1.5M | $135.0K | ||
| Q3 24 | $-739.0K | $390.0K | ||
| Q2 24 | $157.0K | $16.0K | ||
| Q1 24 | $765.0K | $-2.2M |
| Q4 25 | 16.7% | 4.6% | ||
| Q3 25 | 16.5% | 7.2% | ||
| Q2 25 | 15.8% | 8.2% | ||
| Q1 25 | 11.4% | 11.4% | ||
| Q4 24 | 9.9% | 16.1% | ||
| Q3 24 | 12.2% | 16.8% | ||
| Q2 24 | 13.6% | 15.9% | ||
| Q1 24 | 15.9% | 8.1% |
| Q4 25 | 3.0% | -10.9% | ||
| Q3 25 | 3.1% | -6.1% | ||
| Q2 25 | 2.4% | -4.6% | ||
| Q1 25 | -6.0% | -0.4% | ||
| Q4 24 | -4.3% | 3.9% | ||
| Q3 24 | -1.5% | 4.8% | ||
| Q2 24 | 1.0% | 3.6% | ||
| Q1 24 | 3.4% | -3.9% |
| Q4 25 | 3.0% | -12.9% | ||
| Q3 25 | -0.5% | 1.8% | ||
| Q2 25 | 1.0% | -6.5% | ||
| Q1 25 | -4.9% | -3.0% | ||
| Q4 24 | -5.2% | 0.4% | ||
| Q3 24 | -2.4% | 1.1% | ||
| Q2 24 | 0.5% | 0.0% | ||
| Q1 24 | 2.2% | -6.2% |
| Q4 25 | $0.32 | $-0.17 | ||
| Q3 25 | $-0.05 | $0.02 | ||
| Q2 25 | $0.12 | $-0.09 | ||
| Q1 25 | $-0.48 | $-0.04 | ||
| Q4 24 | $-0.51 | $0.00 | ||
| Q3 24 | $-0.27 | $0.02 | ||
| Q2 24 | $0.05 | $0.00 | ||
| Q1 24 | $0.26 | $-0.10 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $1.7M | — |
| Total DebtLower is stronger | — | — |
| Stockholders' EquityBook value | $34.5M | $17.8M |
| Total Assets | $71.9M | $107.8M |
| Debt / EquityLower = less leverage | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $1.7M | — | ||
| Q3 25 | $1.3M | — | ||
| Q2 25 | $652.0K | — | ||
| Q1 25 | $1.2M | — | ||
| Q4 24 | $916.0K | — | ||
| Q3 24 | $1.2M | — | ||
| Q2 24 | $1.5M | — | ||
| Q1 24 | $4.0M | — |
| Q4 25 | $34.5M | $17.8M | ||
| Q3 25 | $33.4M | $20.0M | ||
| Q2 25 | $33.4M | $18.7M | ||
| Q1 25 | $32.8M | $19.0M | ||
| Q4 24 | $34.0M | $19.6M | ||
| Q3 24 | $35.7M | $18.2M | ||
| Q2 24 | $36.1M | $19.0M | ||
| Q1 24 | $36.0M | $20.8M |
| Q4 25 | $71.9M | $107.8M | ||
| Q3 25 | $74.8M | $112.5M | ||
| Q2 25 | $74.8M | $105.8M | ||
| Q1 25 | $73.5M | $110.2M | ||
| Q4 24 | $72.4M | $119.4M | ||
| Q3 24 | $77.0M | $121.6M | ||
| Q2 24 | $76.3M | $124.2M | ||
| Q1 24 | $75.5M | $129.0M |
Cash Flow & Capital Efficiency
How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.
| Metric | | |
|---|---|---|
| Operating Cash FlowLast quarter | $5.6M | $-1.1M |
| Free Cash FlowOCF − Capex | $5.5M | $-1.5M |
| FCF MarginFCF / Revenue | 18.0% | -5.0% |
| Capex IntensityCapex / Revenue | 0.5% | 1.3% |
| Cash ConversionOCF / Net Profit | 6.25× | — |
| TTM Free Cash FlowTrailing 4 quarters | $2.1M | $-6.5M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $5.6M | $-1.1M | ||
| Q3 25 | $-92.0K | $-178.0K | ||
| Q2 25 | $157.0K | $1.1M | ||
| Q1 25 | $-2.9M | $-5.5M | ||
| Q4 24 | $793.0K | $2.3M | ||
| Q3 24 | $-1.6M | $-4.8M | ||
| Q2 24 | $-4.3M | $6.2M | ||
| Q1 24 | $2.8M | $-1.7M |
| Q4 25 | $5.5M | $-1.5M | ||
| Q3 25 | $-242.0K | $-390.0K | ||
| Q2 25 | $58.0K | $941.0K | ||
| Q1 25 | $-3.2M | $-5.5M | ||
| Q4 24 | $503.0K | $1.9M | ||
| Q3 24 | $-1.6M | $-4.9M | ||
| Q2 24 | $-4.6M | $6.0M | ||
| Q1 24 | $2.1M | $-2.0M |
| Q4 25 | 18.0% | -5.0% | ||
| Q3 25 | -0.8% | -1.4% | ||
| Q2 25 | 0.2% | 3.0% | ||
| Q1 25 | -11.9% | -18.8% | ||
| Q4 24 | 1.8% | 5.7% | ||
| Q3 24 | -5.2% | -13.8% | ||
| Q2 24 | -13.5% | 16.8% | ||
| Q1 24 | 6.1% | -5.7% |
| Q4 25 | 0.5% | 1.3% | ||
| Q3 25 | 0.5% | 0.7% | ||
| Q2 25 | 0.3% | 0.5% | ||
| Q1 25 | 1.0% | 0.0% | ||
| Q4 24 | 1.0% | 1.2% | ||
| Q3 24 | 0.1% | 0.4% | ||
| Q2 24 | 0.8% | 0.5% | ||
| Q1 24 | 2.2% | 0.9% |
| Q4 25 | 6.25× | — | ||
| Q3 25 | — | -0.34× | ||
| Q2 25 | 0.50× | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | 17.13× | ||
| Q3 24 | — | -12.21× | ||
| Q2 24 | -27.30× | 385.25× | ||
| Q1 24 | 3.70× | — |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
NSYS
| Medical Imaging | $11.4M | 37% |
| Medical Device | $8.0M | 26% |
| Industrial | $7.3M | 24% |
| Aerospace And Defense | $3.7M | 12% |
SYPR
| Sypris Electronics | $17.7M | 59% |
| Transferred At Point In Time | $12.5M | 41% |
