Earnings release
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For more information , contact : Rebecca R. Eckert Chief Accounting Officer ( 502 ) 329-2000 Exhibit 99 SYPRIS SOLUTIONS SYPRIS REPORTS SECOND QUARTER RESULTS SATELLITE AND DEEP SPACE PROGRAMS DRIVE 25 % INCREASE IN ORDERS LOUISVILLE , KY ( August 18 , 2026 ) – Sypris Solutions , Inc. ( Nasdaq / GM : SYPR ) today reported financial results for its second quarter ended July 5 , 2026 . HIGHLIGHTS Orders increased 25 % sequentially for the Company , driven by a 54 % increase in bookings at Sypris Electronics for satellite and deep space programs , and subsea fiber - optic data network systems . Orders for energy products remained strong during the period , resulting in a 12 % increase in bookings for the first half of 2026 when compared to the prior - year period . Revenue for Sypris Technologies increased 5.6 % year over year and 19.9 % sequentially , driven by the resurgent expansion of the commercial vehicle market and strong energy product sales . Gross profit for Sypris Technologies increased 28 % year over year and 94 % sequentially , reflecting an improvement in margins of 330 and 710 basis points , respectively . Revenue for Sypris Electronics increased 15.4 % sequentially , with the outlook for the balance of the year poised for substantial additional growth driven by robust orders and improved material availability . " The escalation of geopolitical conflicts in the Middle East has accelerated demand for inventory replenishment and critical technology upgrades , thereby placing a premium on rapid , efficient scaling , ” commented Jeffrey T. Gill , President and Chief Executive Officer . " Sypris Electronics , with its advanced production capabilities , deep technical expertise and strong market position , is uniquely equipped to capitalize on these dynamics . While material availability and a series of temporary operational headwinds impacted our performance during the first half of 2026 , we are actively resolving these challenges to unlock our full earnings potential going forward . " Orders for our energy products increased 12 % year over year in the first half of 2026 , with strong backlog and expected orders on several large projects . Additional growth opportunities may emerge from new global initiatives addressing rising LNG demand and the massive surge in electricity required by AI - related data centers . Furthermore , we are actively pursuing applications for our products in adjacent markets including carbon capture and defense applications to further diversify our industry and customer portfolios . - MORE -