Revenue: As of FY2026 Q1, the actual value is USD 209.02 M, beating the estimate of USD 199.82 M.EPS: As of FY2026 Q1, the actual value is USD 0.64.EBIT: As of FY2026 Q1, the actual value is USD 19.73 M.<h4>Consolidated Operational Metrics (Three Months Ended April 4, 2026 vs. March 29, 2025)</h4><ul><li>Gross Profit: Increased to $56.2 million (26.9% of net revenues) from $50.5 million (26.2% of net revenues), driven by lower other manufacturing costs, favorable product mix, and higher manufacturing volume.</li><li>Operating Income: Significantly increased to $15.7 million (7.5% of net revenues) from $5.0 million (2.6% of net revenues).</li><li>Net Income: Grew to $9.9 million (4.7% of net revenues) from $1.4 million (0.7% of net revenues).</li><li>Selling, General and Administrative (SG&amp;A) Expenses: Decreased by $4.5 million year-over-year to $40.5 million (19.4% of net revenues) from $45.1 million (23.5% of net revenues), primarily due to lower stock-based compensation expense.</li><li>Restructuring Charges: Decreased to $0 million from $0.4 million, following the completion of the 2022 restructuring plan as of December 31, 2025.</li><li>Interest Expense: Increased to - $4.0 million from - $3.3 million, mainly due to a higher outstanding debt balance, partially offset by lower interest rates.</li><li>Income Tax Expense: Increased to $1.8 million from $0.3 million, largely due to higher pre-tax income.</li><li>Adjusted EBITDA: Increased to $35.4 million from $29.7 million, representing 16.9% and 15.4% of net revenues, respectively.</li></ul><h4>Segmented Revenue Performance (Three Months Ended April 4, 2026 vs. March 29, 2025)</h4><ul><li>Electronic Systems Segment: Net revenues increased by $8.5 million (7.8%) to $117.6 million from $109.1 million.<ul><li>Military and space revenues increased by $5.3 million to $89.4 million.</li><li>Commercial aerospace revenues increased by $4.6 million to $20.7 million.</li><li>Industrial revenues decreased by $1.4 million to $7.5 million.</li></ul></li><li>Structural Systems Segment: Net revenues increased by $8.0 million (9.6%) to $91.4 million from $83.4 million.<ul><li>Commercial aerospace revenues increased by $7.9 million to $63.2 million.</li><li>Military and space revenues increased by $0.1 million to $28.2 million.</li></ul></li></ul><h4>Segmented Operating Income (Three Months Ended April 4, 2026 vs. March 29, 2025)</h4><ul><li>Electronic Systems Segment Operating Income: Increased by $5.5 million to $22.9 million (19.5% of net revenues) from $17.5 million (16.0% of net revenues), driven by favorable product mix, higher manufacturing volume, and lower other manufacturing costs.</li><li>Structural Systems Segment Operating Income: Increased by $0.5 million to $10.4 million (11.4% of net revenues) from $9.9 million (11.9% of net revenues), due to lower other manufacturing costs, partially offset by unfavorable product mix.</li><li>Corporate General and Administrative Expenses: Decreased by $4.8 million to - $17.6 million from - $22.4 million, primarily due to lower stock-based compensation expense.</li></ul><h4>Cash Flow (Three Months Ended April 4, 2026 vs. March 29, 2025)</h4><ul><li>Net Cash Provided by Operating Activities: Increased significantly to $11.2 million from $0.8 million, mainly due to higher net income and higher contract liabilities.</li><li>Net Cash Used in Investing Activities: Decreased to - $2.9 million from - $4.8 million, primarily due to lower purchases of property and equipment.</li><li>Net Cash Used in Financing Activities: Increased to - $14.5 million from - $2.4 million, mainly due to higher net cash paid upon issuance of common stock under stock plans and higher stock options exercised.</li><li>Cash and Cash Equivalents at End of Period: Decreased to $39.1 million from $45.3 million at the beginning of the period.</li></ul><h4>Other Key Metrics</h4><ul><li>Remaining Performance Obligations (RPO): Totaled $1,073.7 million as of April 4, 2026, with an estimated 70% expected to be recognized as revenue within the next 12 months.<ul><li>Electronic Systems RPO: $565.9 million.</li><li>Structural Systems RPO: $507.9 million.</li></ul></li><li>Long-Term Debt: Total debt was $303.8 million as of April 4, 2026, with a weighted-average interest rate of 5.74%.</li><li>Contract Assets: Decreased to $249.2 million as of April 4, 2026, from $249.8 million as of December 31, 2025, primarily due to a net decrease of products in work in process.</li><li>Contract Liabilities: Increased to $52.5 million as of April 4, 2026, from $40.7 million as of December 31, 2025, mainly due to a net increase of advance or progress payments received from customers.</li></ul><h4>Future Outlook and Strategy</h4>Ducommun (杜科蒙) anticipates capital expenditures of $20.0 million to $24.0 million in 2026 to support new contract awards and invest in tooling for newer programs. The company plans to pursue prudent acquisitions and capital expenditures to bolster long-term contracts for commercial and military aircraft and defense programs. Ducommun (杜科蒙) expects that operational cash flow and available credit facilities will ensure sufficient short-term liquidity for the upcoming twelve months.

Ducommun | 10-Q: FY2026 Q1 Revenue Beats Estimate at USD 209.02 M