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Side-by-side financial comparison of TECHPRECISION CORP (TPCS) and Venus Concept Inc. (VERO). Click either name above to swap in a different company.
Venus Concept Inc. is the larger business by last-quarter revenue ($13.8M vs $7.1M, roughly 1.9× TECHPRECISION CORP). TECHPRECISION CORP runs the higher net margin — -20.8% vs -163.8%, a 143.0% gap on every dollar of revenue. On growth, TECHPRECISION CORP posted the faster year-over-year revenue change (-6.9% vs -8.2%). TECHPRECISION CORP produced more free cash flow last quarter ($-827.0K vs $-4.9M). Over the past eight quarters, TECHPRECISION CORP's revenue compounded faster (-9.2% CAGR vs -12.8%).
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.
Venus Concept Inc is a global medical technology firm specializing in the development, manufacturing, and distribution of non-invasive and minimally invasive aesthetic medical devices. Its product portfolio covers hair removal, skin rejuvenation, body contouring, and anti-aging solutions, serving dermatology clinics, plastic surgery centers, and medical spas across North America, Europe, and Asia Pacific markets.
TPCS vs VERO — Head-to-Head
Income Statement — Q3 FY2026 vs Q3 FY2025
| Metric | | |
|---|---|---|
| Revenue | $7.1M | $13.8M |
| Net Profit | $-1.5M | $-22.6M |
| Gross Margin | 5.4% | 64.0% |
| Operating Margin | -19.1% | -68.9% |
| Net Margin | -20.8% | -163.8% |
| Revenue YoY | -6.9% | -8.2% |
| Net Profit YoY | -84.4% | -143.0% |
| EPS (diluted) | $-0.15 | $-12.14 |
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 | $7.1M | — | ||
| Q3 25 | $9.1M | $13.8M | ||
| Q2 25 | $7.4M | $15.7M | ||
| Q1 25 | $9.5M | $13.6M | ||
| Q4 24 | $7.6M | $15.8M | ||
| Q3 24 | $8.9M | $15.0M | ||
| Q2 24 | $8.0M | $16.6M | ||
| Q1 24 | $8.6M | $17.5M |
| Q4 25 | $-1.5M | — | ||
| Q3 25 | $825.0K | $-22.6M | ||
| Q2 25 | $-597.0K | $-11.7M | ||
| Q1 25 | $112.0K | $-12.4M | ||
| Q4 24 | $-799.0K | $-8.0M | ||
| Q3 24 | $-601.0K | $-9.3M | ||
| Q2 24 | $-1.5M | $-20.0M | ||
| Q1 24 | $-5.1M | $-9.8M |
| Q4 25 | 5.4% | — | ||
| Q3 25 | 27.1% | 64.0% | ||
| Q2 25 | 14.0% | 60.1% | ||
| Q1 25 | 22.0% | 64.2% | ||
| Q4 24 | 13.0% | 69.1% | ||
| Q3 24 | 11.3% | 66.1% | ||
| Q2 24 | 3.0% | 71.5% | ||
| Q1 24 | 14.3% | 66.6% |
| Q4 25 | -19.1% | — | ||
| Q3 25 | 10.4% | -68.9% | ||
| Q2 25 | -6.3% | -57.6% | ||
| Q1 25 | 3.9% | -69.8% | ||
| Q4 24 | -9.1% | -42.3% | ||
| Q3 24 | -5.5% | -47.7% | ||
| Q2 24 | -16.8% | -33.7% | ||
| Q1 24 | -28.6% | -44.4% |
| Q4 25 | -20.8% | — | ||
| Q3 25 | 9.1% | -163.8% | ||
| Q2 25 | -8.1% | -74.7% | ||
| Q1 25 | 1.2% | -90.6% | ||
| Q4 24 | -10.5% | -50.5% | ||
| Q3 24 | -6.7% | -61.9% | ||
| Q2 24 | -18.3% | -120.3% | ||
| Q1 24 | -59.5% | -56.0% |
| Q4 25 | $-0.15 | — | ||
| Q3 25 | $0.08 | $-12.14 | ||
| Q2 25 | $-0.06 | $-8.03 | ||
| Q1 25 | $0.01 | $-17.44 | ||
| Q4 24 | $-0.08 | $-10.26 | ||
| Q3 24 | $-0.06 | $-13.10 | ||
| Q2 24 | $-0.16 | $-30.93 | ||
| Q1 24 | $-0.59 | $-16.92 |
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 | $4.3M |
| Total DebtLower is stronger | — | — |
| Stockholders' EquityBook value | $8.0M | $2.7M |
| Total Assets | $32.8M | $61.6M |
| Debt / EquityLower = less leverage | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $50.0K | — | ||
| Q3 25 | $220.0K | $4.3M | ||
| Q2 25 | $143.0K | $3.9M | ||
| Q1 25 | $195.0K | $3.2M | ||
| Q4 24 | $165.0K | $4.3M | ||
| Q3 24 | $132.0K | $4.5M | ||
| Q2 24 | $44.8K | $5.7M | ||
| Q1 24 | $138.0K | $5.1M |
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | $3.0K | — | ||
| Q4 24 | $19.0K | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
| Q4 25 | $8.0M | — | ||
| Q3 25 | $9.1M | $2.7M | ||
| Q2 25 | $8.2M | $2.3M | ||
| Q1 25 | $8.7M | $2.3M | ||
| Q4 24 | $8.1M | $2.4M | ||
| Q3 24 | $8.9M | $10.1M | ||
| Q2 24 | $7.9M | $3.7M | ||
| Q1 24 | $7.8M | $-22.5M |
| Q4 25 | $32.8M | — | ||
| Q3 25 | $33.8M | $61.6M | ||
| Q2 25 | $32.1M | $63.1M | ||
| Q1 25 | $33.5M | $63.5M | ||
| Q4 24 | $32.2M | $68.2M | ||
| Q3 24 | $35.0M | $72.3M | ||
| Q2 24 | $35.7M | $79.8M | ||
| Q1 24 | $34.7M | $85.1M |
| 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 | $183.0K | $-4.9M |
| Free Cash FlowOCF − Capex | $-827.0K | $-4.9M |
| FCF MarginFCF / Revenue | -11.7% | -35.6% |
| Capex IntensityCapex / Revenue | 14.2% | 0.1% |
| Cash ConversionOCF / Net Profit | — | — |
| TTM Free Cash FlowTrailing 4 quarters | $-4.4M | $-20.7M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $183.0K | — | ||
| Q3 25 | $-1.1M | $-4.9M | ||
| Q2 25 | $646.0K | $-5.4M | ||
| Q1 25 | $396.0K | $-6.3M | ||
| Q4 24 | $-570.0K | $-3.8M | ||
| Q3 24 | $-532.0K | $-3.0M | ||
| Q2 24 | $107.0K | $-1.3M | ||
| Q1 24 | $-452.0K | $-2.9M |
| Q4 25 | $-827.0K | — | ||
| Q3 25 | $-2.1M | $-4.9M | ||
| Q2 25 | $-604.0K | $-5.6M | ||
| Q1 25 | $-930.0K | $-6.3M | ||
| Q4 24 | $-1.7M | $-3.9M | ||
| Q3 24 | $-2.0M | $-3.1M | ||
| Q2 24 | $-94.0K | $-1.4M | ||
| Q1 24 | $-900.0K | $-2.9M |
| Q4 25 | -11.7% | — | ||
| Q3 25 | -22.9% | -35.6% | ||
| Q2 25 | -8.2% | -35.8% | ||
| Q1 25 | -9.8% | -46.5% | ||
| Q4 24 | -22.9% | -24.7% | ||
| Q3 24 | -21.8% | -20.3% | ||
| Q2 24 | -1.2% | -8.2% | ||
| Q1 24 | -10.5% | -16.6% |
| Q4 25 | 14.2% | — | ||
| Q3 25 | 11.0% | 0.1% | ||
| Q2 25 | 16.9% | 1.0% | ||
| Q1 25 | 14.0% | 0.3% | ||
| Q4 24 | 15.4% | 0.5% | ||
| Q3 24 | 15.9% | 0.0% | ||
| Q2 24 | 2.5% | 0.1% | ||
| Q1 24 | 5.2% | 0.1% |
| 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
TPCS
| Defense | $6.7M | 94% |
| Other | $410.0K | 6% |
VERO
| Products And Services | $10.8M | 79% |
| Leases | $2.9M | 21% |
