--- title: "Astronics | 8-K: FY2026 Q1 Revenue Beats Estimate at USD 230.62 M" type: "News" locale: "en" url: "https://longbridge.com/en/news/286153685.md" datetime: "2026-05-12T20:33:02.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/286153685.md) - [en](https://longbridge.com/en/news/286153685.md) - [zh-HK](https://longbridge.com/zh-HK/news/286153685.md) --- # Astronics | 8-K: FY2026 Q1 Revenue Beats Estimate at USD 230.62 M Revenue: As of FY2026 Q1, the actual value is USD 230.62 M, beating the estimate of USD 227.84 M. EPS: As of FY2026 Q1, the actual value is USD 0.67. EBIT: As of FY2026 Q1, the actual value is USD 29.57 M. #### Overall Financial Performance - Total sales increased by 12.0% to $230.6 million, up from $205.9 million in the prior-year period . #### Profitability - Gross profit increased by 23.5% to $75.1 million, compared to $60.8 million . - Gross margin expanded to 32.6% from 29.5% . - Income from operations increased by 107.3% to $27.2 million, from $13.1 million . - Operating margin expanded to 11.8% from 6.4% . - Net income increased by 168.1% to $25.5 million, compared to $9.5 million . - Net income as a percentage of sales was 11.1%, up from 4.6% . - Adjusted operating income increased by 30.7% to $29.6 million, from $22.6 million . - Adjusted operating margin was 12.8%, up from 11.0% . - Adjusted net income increased by 32.6% to $22.5 million, compared to $17.0 million . - Adjusted EBITDA increased by 23.3% to $37.9 million, from $30.7 million . - Adjusted EBITDA margin expanded to 16.4% from 14.9% . #### Operational Costs - Selling, general and administrative (SG&A) expenses decreased by $0.8 million . - Research and development (R&D) expenses increased by $1.0 million . - Interest expense decreased by $0.8 million, or 25.8%, to $2.3 million from $3.2 million . - The company recorded an income tax benefit of $0.8 million, compared to an income tax expense of $0.6 million in the prior year . #### Cash Flow and Liquidity - Cash provided by operations was $10.6 million . - Capital expenditures were $11.2 million . - Long-term debt remained relatively unchanged at $334.9 million . - Available liquidity at quarter-end was $231.8 million, including $19.1 million in available cash . #### Bookings and Backlog - Record quarterly bookings were $290.4 million, resulting in a book-to-bill ratio of 1.26:1 . - Trailing twelve months bookings totaled $935.1 million, with a book-to-bill ratio of 1.05:1 . - Record backlog at quarter-end was $734.3 million . #### Segment Performance ##### Aerospace Segment - Sales increased by 11.7% to $213.8 million, from $191.4 million . - Sales in the Commercial Transport market increased by 13.7% . - General Aviation sales increased by 40.7% to $21.4 million . - Military Aircraft sales remained consistent . - Operating profit was $35.3 million, or 16.5% of sales, compared to $22.3 million or 11.6% of sales . - Adjusted Aerospace operating profit increased by 20.0% to $37.2 million, or 17.4% of sales, an expansion of 120 basis points . - Bookings were $264.4 million, with a book-to-bill ratio of 1.24:1 . - Record backlog for the Aerospace segment was $651.4 million . ##### Test Systems Segment - Sales increased to $16.8 million, up from $14.6 million . - Operating profit was $0.4 million, compared to an operating loss of - $2.2 million . - Bookings were $26.1 million, with a book-to-bill ratio of 1.55:1 . - Backlog for the Test Systems segment was $83.0 million . #### Outlook / Guidance Astronics Corporation increased its 2026 revenue guidance to a range of $970 million to $1 billion, which would exceed 2025 record sales . The company expects second-quarter sales to be between $245 million and $250 million, with further revenue rate increases in the second half of the year . Capital expenditures for 2026 are projected to be $40 million to $45 million, and an additional $15 million to $17 million will be spent on a new global resource planning system in 2026 . ### Related Stocks - [ATRO.US](https://longbridge.com/en/quote/ATRO.US.md) ## Related News & Research - [Astronics Corporation Reports 12% Sales Growth for First Quarter 2026 | ATRO Stock News](https://longbridge.com/en/news/286150595.md) - [The Home Depot Announces First Quarter Fiscal 2026 Results; Reaffirms Fiscal 2026 Guidance | HD Stock News](https://longbridge.com/en/news/286890512.md) - [Advance Auto Parts Reports First Quarter 2026 Results; Reaffirms Full Year 2026 Guidance | AAP Stock News](https://longbridge.com/en/news/287202242.md) - [Copart Reports Third Quarter Fiscal 2026 Financial Results | CPRT Stock News](https://longbridge.com/en/news/287267665.md) - [Endeavour Announces Results of Annual General Meeting 2026 | EDVMF Stock News](https://longbridge.com/en/news/287245296.md)