Park Aerospace reports Q1 sales $18.31M, net income $3.53M and Adjusted EBITDA $4.58M

Park Aerospace reported first-quarter fiscal 2027 results for the period ended May 31, 2026, with net sales of $18.312 million and net earnings of $3.533 million. Adjusted EBITDA was $4.576 million and basic and diluted earnings per share were $0.17 for the quarter. The company hosted a conference call and made presentation materials available on its website and via webcast.

Financial Highlights

• Revenue: Net sales of $18,312,000 for the 13 weeks ended May 31, 2026 (compared with $15,400,000 for the 13 weeks ended June 1, 2025).
• Gross profit: $6,376,000 for the quarter, representing a gross margin of 34.8% of net sales.
• Operating income (Earnings from Operations): $4,015,000 for the quarter.
• Net income: GAAP net earnings of $3,533,000 for the quarter.
• Adjusted EBITDA: $4,576,000 for the quarter; Basic and diluted earnings per share: $0.17.

Business Highlights

• Reported sequential and year-over-year sales activity: first-quarter revenue increased versus the year-ago quarter but was lower than the prior fiscal fourth quarter (March 1, 2026).
• Interest and other income contributed $786,000 to pre-tax results for the quarter, supporting earnings before income taxes.
• Balance sheet position remained liquid with cash and marketable securities of $89.407 million as of May 31, 2026.
• Inventory and working capital: inventories of $7.801 million and total current assets of $109.050 million at quarter end to support production and deliveries.
• Company reiterated availability of investor materials and replay of the earnings conference call via webcast and its investor relations pages.

Original SEC Filing: PARK AEROSPACE CORP [ PKE ] - 8-K - Jul. 20, 2026