Revenue: As of FY2026 Q1, the actual value is USD 17.36 M.EPS: As of FY2026 Q1, the actual value is USD 0.09.EBIT: As of FY2026 Q1, the actual value is USD 2.122 M.<h4>First Quarter Financial Highlights</h4><ul><li>Revenue: CPI Aerostructures, Inc. reported revenue of $17.4 million for Q1 2026, an increase from $15.4 million in Q1 2025, with exact figures being $17,359,940 in 2026 compared to $15,400,608 in 2025.</li><li>Gross Profit: Gross profit increased to $4.5 million in Q1 2026 from $1.6 million in Q1 2025, with exact figures of $4,479,891 in 2026 versus $1,649,475 in 2025.</li><li>Gross Profit Margin: The gross profit margin expanded to 25.8% in Q1 2026, compared to 10.7% in Q1 2025, or 21.6% excluding the A-10 Program impact.</li><li>Net Income: The company achieved a net income of $1.2 million in Q1 2026, significantly improving from a net loss of - $1.3 million in Q1 2025, with precise figures of $1,236,718 in 2026 compared to a net loss of - $1,323,924 in 2025.</li><li>Income (Loss) from Operations: Income from operations was $1,829,628 in Q1 2026, reversing a loss of - $1,186,302 in Q1 2025.</li><li>Adjusted EBITDA: Adjusted EBITDA was $2.1 million in Q1 2026, compared to - $0.8 million in Q1 2025, with exact figures of $2,104,644 in 2026 compared to - $767,306 in 2025. Excluding the A-10 Program impact, Adjusted EBITDA was $2.1 million in Q1 2026, up from $1.4 million in the prior-year period, with the exact Adjusted EBITDA Excluding A-10 adjustment being $2,104,644 in 2026 compared to $1,378,390 in 2025.</li><li>Selling, General and Administrative Expenses: These expenses decreased to $2,650,263 in 2026 from $2,835,777 in 2025.</li><li>Other Income (Expense): Other income (expense) was $30,373 in 2026 compared to $1,500 in 2025.</li><li>Interest Expense: Interest expense decreased to - $291,935 in 2026 from - $488,091 in 2025.</li><li>Provision (Benefit) for Income Taxes: There was a provision for income taxes of $331,348 in 2026, compared to a benefit of - $348,969 in 2025.</li><li>Depreciation: Depreciation was $39,729 in 2026 compared to $98,767 in 2025.</li><li>Stock-based Compensation: Stock-based compensation was $235,287 in 2026 compared to $320,229 in 2025.</li></ul><h4>Balance Sheet Highlights (As of March 31, 2026 vs. December 31, 2025)</h4><ul><li>Cash: Cash increased to $1,002,548 on March 31, 2026, from $899,199 on December 31, 2025.</li><li>Accounts Receivable, net: Accounts receivable, net was $4,165,949 on March 31, 2026, down from $5,764,928 on December 31, 2025.</li><li>Contract Assets, net: Contract assets, net increased to $37,021,183 on March 31, 2026, from $33,670,354 on December 31, 2025.</li><li>Inventory: Inventory was $725,908 on March 31, 2026, compared to $800,823 on December 31, 2025.</li><li>Total Current Assets: Total current assets increased to $45,970,829 on March 31, 2026, from $43,408,000 on December 31, 2025.</li><li>Total Assets: Total assets were $77,305,314 on March 31, 2026, up from $75,244,501 on December 31, 2025.</li><li>Accounts Payable: Accounts payable increased to $16,531,357 on March 31, 2026, from $14,724,293 on December 31, 2025.</li><li>Accrued Expenses: Accrued expenses were $3,289,821 on March 31, 2026, compared to $4,763,719 on December 31, 2025.</li><li>Contract Liabilities: Contract liabilities were $1,371,571 on March 31, 2026, down from $1,628,382 on December 31, 2025.</li><li>Total Current Liabilities: Total current liabilities were $23,244,954 on March 31, 2026, compared to $23,019,245 on December 31, 2025.</li><li>Line of Credit, net of current portion: This balance increased to $9,173,672 on March 31, 2026, from $8,373,672 on December 31, 2025.</li><li>Long-term Debt, net of current portion: Long-term debt, net of current portion, was $9,634,471 on March 31, 2026, compared to $9,690,890 on December 31, 2025.</li><li>Total Liabilities: Total liabilities increased to $50,025,735 on March 31, 2026, from $49,436,927 on December 31, 2025.</li><li>Total Shareholders’ Equity: Total shareholders’ equity increased to $27,279,579 on March 31, 2026, from $25,807,574 on December 31, 2025.</li></ul><h4>Outlook / Guidance</h4>CPI Aerostructures, Inc. is well-positioned for continued momentum throughout 2026, supported by a strong backlog of $495 million and improved profitability. The company has also begun preparing for production on new missile work, expanding its presence in high-growth missile and autonomous systems markets. Management expresses confidence in entering the remainder of 2026 due to improved margins, significant earnings growth, and recent contract awards.

CPI Aerostructures, Inc. | 8-K: FY2026 Q1 Revenue: USD 17.36 M