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Side-by-side financial comparison of TECHPRECISION CORP (TPCS) and VerifyMe, Inc. (VRME). Click either name above to swap in a different company.

TECHPRECISION CORP is the larger business by last-quarter revenue ($7.1M vs $5.0M, roughly 1.4× VerifyMe, Inc.). TECHPRECISION CORP runs the higher net margin — -20.8% vs -66.7%, a 45.9% gap on every dollar of revenue. On growth, TECHPRECISION CORP posted the faster year-over-year revenue change (-6.9% vs -7.4%). Over the past eight quarters, VerifyMe, Inc.'s revenue compounded faster (-5.2% CAGR vs -9.2%).

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.

VerifyMe, Inc. is a technology provider specializing in identity verification, anti-counterfeiting, and brand protection solutions. Its offerings include secure authentication tools, supply chain traceability systems, and customer engagement platforms, serving consumer goods, pharmaceutical, and retail sectors across North America and select global markets.

TPCS vs VRME — Head-to-Head

Bigger by revenue
TPCS
TPCS
1.4× larger
TPCS
$7.1M
$5.0M
VRME
Growing faster (revenue YoY)
TPCS
TPCS
+0.5% gap
TPCS
-6.9%
-7.4%
VRME
Higher net margin
TPCS
TPCS
45.9% more per $
TPCS
-20.8%
-66.7%
VRME
Faster 2-yr revenue CAGR
VRME
VRME
Annualised
VRME
-5.2%
-9.2%
TPCS

Income Statement — Q3 FY2026 vs Q3 FY2025

Metric
TPCS
TPCS
VRME
VRME
Revenue
$7.1M
$5.0M
Net Profit
$-1.5M
$-3.4M
Gross Margin
5.4%
41.2%
Operating Margin
-19.1%
-68.2%
Net Margin
-20.8%
-66.7%
Revenue YoY
-6.9%
-7.4%
Net Profit YoY
-84.4%
-38.4%
EPS (diluted)
$-0.15
$-0.26

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.

Revenue
TPCS
TPCS
VRME
VRME
Q4 25
$7.1M
Q3 25
$9.1M
$5.0M
Q2 25
$7.4M
$4.5M
Q1 25
$9.5M
$4.5M
Q4 24
$7.6M
Q3 24
$8.9M
$5.4M
Q2 24
$8.0M
$5.4M
Q1 24
$8.6M
$5.8M
Net Profit
TPCS
TPCS
VRME
VRME
Q4 25
$-1.5M
Q3 25
$825.0K
$-3.4M
Q2 25
$-597.0K
$-291.0K
Q1 25
$112.0K
$-571.0K
Q4 24
$-799.0K
Q3 24
$-601.0K
$-2.4M
Q2 24
$-1.5M
$-346.0K
Q1 24
$-5.1M
$-553.0K
Gross Margin
TPCS
TPCS
VRME
VRME
Q4 25
5.4%
Q3 25
27.1%
41.2%
Q2 25
14.0%
35.2%
Q1 25
22.0%
33.4%
Q4 24
13.0%
Q3 24
11.3%
34.9%
Q2 24
3.0%
39.1%
Q1 24
14.3%
39.2%
Operating Margin
TPCS
TPCS
VRME
VRME
Q4 25
-19.1%
Q3 25
10.4%
-68.2%
Q2 25
-6.3%
-7.1%
Q1 25
3.9%
-13.3%
Q4 24
-9.1%
Q3 24
-5.5%
-52.8%
Q2 24
-16.8%
-10.0%
Q1 24
-28.6%
-11.2%
Net Margin
TPCS
TPCS
VRME
VRME
Q4 25
-20.8%
Q3 25
9.1%
-66.7%
Q2 25
-8.1%
-6.4%
Q1 25
1.2%
-12.8%
Q4 24
-10.5%
Q3 24
-6.7%
-44.6%
Q2 24
-18.3%
-6.5%
Q1 24
-59.5%
-9.6%
EPS (diluted)
TPCS
TPCS
VRME
VRME
Q4 25
$-0.15
Q3 25
$0.08
$-0.26
Q2 25
$-0.06
$-0.02
Q1 25
$0.01
$-0.05
Q4 24
$-0.08
Q3 24
$-0.06
$-0.23
Q2 24
$-0.16
$-0.03
Q1 24
$-0.59
$-0.05

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
TPCS
TPCS
VRME
VRME
Cash + ST InvestmentsLiquidity on hand
$50.0K
Total DebtLower is stronger
Stockholders' EquityBook value
$8.0M
$11.1M
Total Assets
$32.8M
$13.3M
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
TPCS
TPCS
VRME
VRME
Q4 25
$50.0K
Q3 25
$220.0K
Q2 25
$143.0K
Q1 25
$195.0K
Q4 24
$165.0K
Q3 24
$132.0K
$2.6M
Q2 24
$44.8K
$2.9M
Q1 24
$138.0K
$2.8M
Total Debt
TPCS
TPCS
VRME
VRME
Q4 25
Q3 25
Q2 25
Q1 25
$3.0K
Q4 24
$19.0K
Q3 24
$500.0K
Q2 24
$600.0K
Q1 24
$800.0K
Stockholders' Equity
TPCS
TPCS
VRME
VRME
Q4 25
$8.0M
Q3 25
$9.1M
$11.1M
Q2 25
$8.2M
$14.4M
Q1 25
$8.7M
$14.6M
Q4 24
$8.1M
Q3 24
$8.9M
$10.3M
Q2 24
$7.9M
$12.3M
Q1 24
$7.8M
$12.4M
Total Assets
TPCS
TPCS
VRME
VRME
Q4 25
$32.8M
Q3 25
$33.8M
$13.3M
Q2 25
$32.1M
$17.2M
Q1 25
$33.5M
$17.1M
Q4 24
$32.2M
Q3 24
$35.0M
$14.8M
Q2 24
$35.7M
$17.5M
Q1 24
$34.7M
$17.9M
Debt / Equity
TPCS
TPCS
VRME
VRME
Q4 25
Q3 25
Q2 25
Q1 25
0.00×
Q4 24
0.00×
Q3 24
0.05×
Q2 24
0.05×
Q1 24
0.06×

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
TPCS
TPCS
VRME
VRME
Operating Cash FlowLast quarter
$183.0K
$243.0K
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.

Operating Cash Flow
TPCS
TPCS
VRME
VRME
Q4 25
$183.0K
Q3 25
$-1.1M
$243.0K
Q2 25
$646.0K
$710.0K
Q1 25
$396.0K
$-404.0K
Q4 24
$-570.0K
Q3 24
$-532.0K
$-10.0K
Q2 24
$107.0K
$372.0K
Q1 24
$-452.0K
$-60.0K
Free Cash Flow
TPCS
TPCS
VRME
VRME
Q4 25
$-827.0K
Q3 25
$-2.1M
Q2 25
$-604.0K
Q1 25
$-930.0K
Q4 24
$-1.7M
Q3 24
$-2.0M
$-12.0K
Q2 24
$-94.0K
$369.0K
Q1 24
$-900.0K
$-62.0K
FCF Margin
TPCS
TPCS
VRME
VRME
Q4 25
-11.7%
Q3 25
-22.9%
Q2 25
-8.2%
Q1 25
-9.8%
Q4 24
-22.9%
Q3 24
-21.8%
-0.2%
Q2 24
-1.2%
6.9%
Q1 24
-10.5%
-1.1%
Capex Intensity
TPCS
TPCS
VRME
VRME
Q4 25
14.2%
Q3 25
11.0%
Q2 25
16.9%
Q1 25
14.0%
Q4 24
15.4%
Q3 24
15.9%
0.0%
Q2 24
2.5%
0.1%
Q1 24
5.2%
0.0%
Cash Conversion
TPCS
TPCS
VRME
VRME
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
TPCS

Defense$6.7M94%
Other$410.0K6%

VRME
VRME

Proactive Services$4.2M83%
Other$869.0K17%

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