Astronics Corp 1Q 2026: Revenue $230.62M, EPS $0.67— 10-Q Summary

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2026.05.13 18:31
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Astronics Corp reported Q1 2026 results with revenue of $230.62M and diluted EPS of $0.67, reflecting a 12% year-over-year increase. Net income surged 168.1% to $25.54M. Aerospace sales rose 11.7% to $213.8M, driven by strong demand in Commercial Transport and General Aviation. Recent acquisitions enhanced ODA services and seat actuation capabilities. The consolidated backlog increased to $734.3M, indicating strong revenue visibility. Test Systems sales also improved by 15.4% to $16.8M, returning to profitability despite project mix challenges.