vs
Side-by-side financial comparison of Scilex Holding Co (SCLX) and TECHPRECISION CORP (TPCS). Click either name above to swap in a different company.
TECHPRECISION CORP is the larger business by last-quarter revenue ($7.1M vs $4.8M, roughly 1.5× Scilex Holding Co). TECHPRECISION CORP runs the higher net margin — -20.8% vs -961.9%, a 941.2% gap on every dollar of revenue. On growth, TECHPRECISION CORP posted the faster year-over-year revenue change (-6.9% vs -67.8%). Over the past eight quarters, TECHPRECISION CORP's revenue compounded faster (-9.2% CAGR vs -33.6%).
Scilex Holding Co is a commercial-stage biopharmaceutical firm focused on developing and commercializing innovative non-opioid pain management therapies for acute and chronic pain segments. It primarily serves the US market, offering prescription and over-the-counter pain relief solutions for patients and healthcare providers.
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.
SCLX vs TPCS — Head-to-Head
Income Statement — Q4 FY2025 vs Q3 FY2026
| Metric | | |
|---|---|---|
| Revenue | $4.8M | $7.1M |
| Net Profit | $-46.1M | $-1.5M |
| Gross Margin | 45.5% | 5.4% |
| Operating Margin | -2317.8% | -19.1% |
| Net Margin | -961.9% | -20.8% |
| Revenue YoY | -67.8% | -6.9% |
| Net Profit YoY | -613.7% | -84.4% |
| EPS (diluted) | $-4.63 | $-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 | $4.8M | $7.1M | ||
| Q3 25 | $10.6M | $9.1M | ||
| Q2 25 | $9.9M | $7.4M | ||
| Q1 25 | $5.0M | $9.5M | ||
| Q4 24 | $14.9M | $7.6M | ||
| Q3 24 | $14.4M | $8.9M | ||
| Q2 24 | $16.4M | $8.0M | ||
| Q1 24 | $10.9M | $8.6M |
| Q4 25 | $-46.1M | $-1.5M | ||
| Q3 25 | $-257.8M | $825.0K | ||
| Q2 25 | $-44.0M | $-597.0K | ||
| Q1 25 | $-26.1M | $112.0K | ||
| Q4 24 | $-6.5M | $-799.0K | ||
| Q3 24 | $-4.4M | $-601.0K | ||
| Q2 24 | $-37.6M | $-1.5M | ||
| Q1 24 | $-24.4M | $-5.1M |
| Q4 25 | 45.5% | 5.4% | ||
| Q3 25 | 68.5% | 27.1% | ||
| Q2 25 | 66.9% | 14.0% | ||
| Q1 25 | 72.3% | 22.0% | ||
| Q4 24 | 68.5% | 13.0% | ||
| Q3 24 | 73.9% | 11.3% | ||
| Q2 24 | 73.2% | 3.0% | ||
| Q1 24 | 64.7% | 14.3% |
| Q4 25 | -2317.8% | -19.1% | ||
| Q3 25 | -1766.2% | 10.4% | ||
| Q2 25 | -207.2% | -6.3% | ||
| Q1 25 | -557.5% | 3.9% | ||
| Q4 24 | -190.5% | -9.1% | ||
| Q3 24 | -138.0% | -5.5% | ||
| Q2 24 | -95.4% | -16.8% | ||
| Q1 24 | -179.0% | -28.6% |
| Q4 25 | -961.9% | -20.8% | ||
| Q3 25 | -2441.5% | 9.1% | ||
| Q2 25 | -445.1% | -8.1% | ||
| Q1 25 | -521.2% | 1.2% | ||
| Q4 24 | -43.4% | -10.5% | ||
| Q3 24 | -30.4% | -6.7% | ||
| Q2 24 | -229.6% | -18.3% | ||
| Q1 24 | -224.0% | -59.5% |
| Q4 25 | $-4.63 | $-0.15 | ||
| Q3 25 | $-22.17 | $0.08 | ||
| Q2 25 | $-7.42 | $-0.06 | ||
| Q1 25 | $-2.26 | $0.01 | ||
| Q4 24 | $8.53 | $-0.08 | ||
| Q3 24 | $-0.58 | $-0.06 | ||
| Q2 24 | $-7.67 | $-0.16 | ||
| Q1 24 | $-8.33 | $-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 | $5.0M | $50.0K |
| Total DebtLower is stronger | — | — |
| Stockholders' EquityBook value | $-207.8M | $8.0M |
| Total Assets | $365.0M | $32.8M |
| Debt / EquityLower = less leverage | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $5.0M | $50.0K | ||
| Q3 25 | $878.0K | $220.0K | ||
| Q2 25 | $4.1M | $143.0K | ||
| Q1 25 | $5.8M | $195.0K | ||
| Q4 24 | $3.3M | $165.0K | ||
| Q3 24 | $77.0K | $132.0K | ||
| Q2 24 | $6.9M | $44.8K | ||
| Q1 24 | $1.8M | $138.0K |
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | $3.0K | ||
| Q4 24 | — | $19.0K | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
| Q4 25 | $-207.8M | $8.0M | ||
| Q3 25 | $-176.9M | $9.1M | ||
| Q2 25 | $-249.0M | $8.2M | ||
| Q1 25 | $-211.5M | $8.7M | ||
| Q4 24 | $-192.6M | $8.1M | ||
| Q3 24 | $-211.3M | $8.9M | ||
| Q2 24 | $-214.7M | $7.9M | ||
| Q1 24 | $-189.8M | $7.8M |
| Q4 25 | $365.0M | $32.8M | ||
| Q3 25 | $275.9M | $33.8M | ||
| Q2 25 | $83.8M | $32.1M | ||
| Q1 25 | $79.0M | $33.5M | ||
| Q4 24 | $93.0M | $32.2M | ||
| Q3 24 | $100.4M | $35.0M | ||
| Q2 24 | $104.5M | $35.7M | ||
| Q1 24 | $91.2M | $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 | $-17.5M | $183.0K |
| Free Cash FlowOCF − Capex | — | $-827.0K |
| FCF MarginFCF / Revenue | — | -11.7% |
| Capex IntensityCapex / Revenue | — | 14.2% |
| Cash ConversionOCF / Net Profit | — | — |
| TTM Free Cash FlowTrailing 4 quarters | — | $-4.4M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $-17.5M | $183.0K | ||
| Q3 25 | $8.2M | $-1.1M | ||
| Q2 25 | $7.0M | $646.0K | ||
| Q1 25 | $6.0M | $396.0K | ||
| Q4 24 | $2.5M | $-570.0K | ||
| Q3 24 | $5.1M | $-532.0K | ||
| Q2 24 | $2.3M | $107.0K | ||
| Q1 24 | $9.4M | $-452.0K |
| Q4 25 | — | $-827.0K | ||
| Q3 25 | — | $-2.1M | ||
| Q2 25 | — | $-604.0K | ||
| Q1 25 | — | $-930.0K | ||
| Q4 24 | — | $-1.7M | ||
| Q3 24 | — | $-2.0M | ||
| Q2 24 | — | $-94.0K | ||
| Q1 24 | — | $-900.0K |
| Q4 25 | — | -11.7% | ||
| Q3 25 | — | -22.9% | ||
| Q2 25 | — | -8.2% | ||
| Q1 25 | — | -9.8% | ||
| Q4 24 | — | -22.9% | ||
| Q3 24 | — | -21.8% | ||
| Q2 24 | — | -1.2% | ||
| Q1 24 | — | -10.5% |
| Q4 25 | — | 14.2% | ||
| Q3 25 | — | 11.0% | ||
| Q2 25 | — | 16.9% | ||
| Q1 25 | — | 14.0% | ||
| Q4 24 | — | 15.4% | ||
| Q3 24 | 0.0% | 15.9% | ||
| Q2 24 | — | 2.5% | ||
| Q1 24 | — | 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
SCLX
Segment breakdown not available.
TPCS
| Defense | $6.7M | 94% |
| Other | $410.0K | 6% |
