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Side-by-side financial comparison of REED'S, INC. (REED) and TECHPRECISION CORP (TPCS). Click either name above to swap in a different company.
REED'S, INC. is the larger business by last-quarter revenue ($7.5M vs $7.1M, roughly 1.1× TECHPRECISION CORP). TECHPRECISION CORP runs the higher net margin — -20.8% vs -50.5%, a 29.8% gap on every dollar of revenue. On growth, TECHPRECISION CORP posted the faster year-over-year revenue change (-6.9% vs -23.1%). TECHPRECISION CORP produced more free cash flow last quarter ($-827.0K vs $-3.9M). Over the past eight quarters, TECHPRECISION CORP's revenue compounded faster (-9.2% CAGR vs -11.7%).
Waddell & Reed Financial, Inc. was an American asset management and financial planning company founded in 1937 in Kansas City, Missouri. It was a publicly traded company from 1998 to 2021, and briefly had its headquarters in Overland Park, Kansas, and was planning a move back to Downtown Kansas City before the company was sold. It operated asset management and distribution subsidiaries, including Ivy Investment Management Company and Waddell & Reed Investment Management Company.
TechPrecision Corp is a manufacturer of custom high-precision metal fabricated components and integrated systems, serving aerospace, defense, medical technology, renewable energy, and industrial end markets primarily across North America and Europe. It specializes in producing tight-tolerance, mission-critical parts that adhere to rigorous industry quality requirements.
REED vs TPCS — Head-to-Head
Income Statement — Q4 FY2025 vs Q3 FY2026
| Metric | | |
|---|---|---|
| Revenue | $7.5M | $7.1M |
| Net Profit | $-3.8M | $-1.5M |
| Gross Margin | 20.4% | 5.4% |
| Operating Margin | -46.9% | -19.1% |
| Net Margin | -50.5% | -20.8% |
| Revenue YoY | -23.1% | -6.9% |
| Net Profit YoY | 8.2% | -84.4% |
| EPS (diluted) | $-1.26 | $-0.15 |
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 | $7.5M | $7.1M | ||
| Q3 25 | $7.0M | $9.1M | ||
| Q2 25 | $9.5M | $7.4M | ||
| Q1 25 | $10.0M | $9.5M | ||
| Q4 24 | $9.7M | $7.6M | ||
| Q3 24 | $6.8M | $8.9M | ||
| Q2 24 | $11.9M | $8.0M | ||
| Q1 24 | $9.6M | $8.6M |
| Q4 25 | $-3.8M | $-1.5M | ||
| Q3 25 | $-4.0M | $825.0K | ||
| Q2 25 | $-6.0M | $-597.0K | ||
| Q1 25 | $-2.0M | $112.0K | ||
| Q4 24 | $-4.1M | $-799.0K | ||
| Q3 24 | $-4.2M | $-601.0K | ||
| Q2 24 | $-3.2M | $-1.5M | ||
| Q1 24 | $-1.7M | $-5.1M |
| Q4 25 | 20.4% | 5.4% | ||
| Q3 25 | 17.4% | 27.1% | ||
| Q2 25 | 8.5% | 14.0% | ||
| Q1 25 | 33.9% | 22.0% | ||
| Q4 24 | 30.0% | 13.0% | ||
| Q3 24 | 18.0% | 11.3% | ||
| Q2 24 | 32.3% | 3.0% | ||
| Q1 24 | 35.6% | 14.3% |
| Q4 25 | -46.9% | -19.1% | ||
| Q3 25 | -58.3% | 10.4% | ||
| Q2 25 | -60.8% | -6.3% | ||
| Q1 25 | -17.4% | 3.9% | ||
| Q4 24 | -37.6% | -9.1% | ||
| Q3 24 | -46.5% | -5.5% | ||
| Q2 24 | -5.6% | -16.8% | ||
| Q1 24 | -6.8% | -28.6% |
| Q4 25 | -50.5% | -20.8% | ||
| Q3 25 | -56.6% | 9.1% | ||
| Q2 25 | -63.5% | -8.1% | ||
| Q1 25 | -20.3% | 1.2% | ||
| Q4 24 | -42.3% | -10.5% | ||
| Q3 24 | -61.5% | -6.7% | ||
| Q2 24 | -27.1% | -18.3% | ||
| Q1 24 | -17.4% | -59.5% |
| Q4 25 | $-1.26 | $-0.15 | ||
| Q3 25 | $-0.48 | $0.08 | ||
| Q2 25 | $-0.13 | $-0.06 | ||
| Q1 25 | $-0.04 | $0.01 | ||
| Q4 24 | $-3.73 | $-0.08 | ||
| Q3 24 | $-4.91 | $-0.06 | ||
| Q2 24 | $-0.77 | $-0.16 | ||
| Q1 24 | $-0.40 | $-0.59 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | — | $50.0K |
| Total DebtLower is stronger | — | — |
| Stockholders' EquityBook value | $9.2M | $8.0M |
| Total Assets | $23.3M | $32.8M |
| Debt / EquityLower = less leverage | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | — | $50.0K | ||
| Q3 25 | — | $220.0K | ||
| Q2 25 | — | $143.0K | ||
| Q1 25 | — | $195.0K | ||
| Q4 24 | — | $165.0K | ||
| Q3 24 | — | $132.0K | ||
| Q2 24 | — | $44.8K | ||
| Q1 24 | — | $138.0K |
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | $3.0K | ||
| Q4 24 | — | $19.0K | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
| Q4 25 | $9.2M | $8.0M | ||
| Q3 25 | $2.8M | $9.1M | ||
| Q2 25 | $1.7M | $8.2M | ||
| Q1 25 | $4.7M | $8.7M | ||
| Q4 24 | $6.6M | $8.1M | ||
| Q3 24 | $-22.0M | $8.9M | ||
| Q2 24 | $-23.8M | $7.9M | ||
| Q1 24 | $-20.7M | $7.8M |
| Q4 25 | $23.3M | $32.8M | ||
| Q3 25 | $19.9M | $33.8M | ||
| Q2 25 | $23.7M | $32.1M | ||
| Q1 25 | $24.5M | $33.5M | ||
| Q4 24 | $25.1M | $32.2M | ||
| Q3 24 | $15.0M | $35.0M | ||
| Q2 24 | $18.7M | $35.7M | ||
| Q1 24 | $19.3M | $34.7M |
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | 0.00× | ||
| Q4 24 | — | 0.00× | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
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 | $-3.8M | $183.0K |
| Free Cash FlowOCF − Capex | $-3.9M | $-827.0K |
| FCF MarginFCF / Revenue | -52.0% | -11.7% |
| Capex IntensityCapex / Revenue | 1.1% | 14.2% |
| Cash ConversionOCF / Net Profit | — | — |
| TTM Free Cash FlowTrailing 4 quarters | $-17.3M | $-4.4M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $-3.8M | $183.0K | ||
| Q3 25 | $-2.8M | $-1.1M | ||
| Q2 25 | $-5.0M | $646.0K | ||
| Q1 25 | $-5.4M | $396.0K | ||
| Q4 24 | $-3.9M | $-570.0K | ||
| Q3 24 | $1.1M | $-532.0K | ||
| Q2 24 | $-912.0K | $107.0K | ||
| Q1 24 | $-2.4M | $-452.0K |
| Q4 25 | $-3.9M | $-827.0K | ||
| Q3 25 | $-2.9M | $-2.1M | ||
| Q2 25 | $-5.1M | $-604.0K | ||
| Q1 25 | $-5.4M | $-930.0K | ||
| Q4 24 | $-4.0M | $-1.7M | ||
| Q3 24 | $1.0M | $-2.0M | ||
| Q2 24 | $-924.0K | $-94.0K | ||
| Q1 24 | $-2.4M | $-900.0K |
| Q4 25 | -52.0% | -11.7% | ||
| Q3 25 | -41.5% | -22.9% | ||
| Q2 25 | -53.2% | -8.2% | ||
| Q1 25 | -54.2% | -9.8% | ||
| Q4 24 | -40.8% | -22.9% | ||
| Q3 24 | 15.3% | -21.8% | ||
| Q2 24 | -7.8% | -1.2% | ||
| Q1 24 | -25.1% | -10.5% |
| Q4 25 | 1.1% | 14.2% | ||
| Q3 25 | 1.4% | 11.0% | ||
| Q2 25 | 0.2% | 16.9% | ||
| Q1 25 | 0.7% | 14.0% | ||
| Q4 24 | 1.0% | 15.4% | ||
| Q3 24 | 0.3% | 15.9% | ||
| Q2 24 | 0.1% | 2.5% | ||
| Q1 24 | 0.2% | 5.2% |
| Q4 25 | — | — | ||
| Q3 25 | — | -1.31× | ||
| Q2 25 | — | — | ||
| Q1 25 | — | 3.54× | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
REED
Segment breakdown not available.
TPCS
| Defense | $6.7M | 94% |
| Other | $410.0K | 6% |
