Financials · ATRO

Astronics Corporation (ATRO) financials

For the twelve months ended Jul 4, 2026, Astronics Corporation reported $942.09M of revenue and $79.12M of net income.

Revenue, TTM
$942.09M
Revenue growth, YoY
+14.5%
Net income, TTM
$79.12M
Net margin
8.4%
Free cash flow, TTM
$60.68M
EPS, diluted, TTM
$1.70
Cash
$9.02M
Total debt
$310.32M
P/E
29.74
P/S
2.50
Market cap
$2.35B
Annual revenue$862.13M
FY2016FY2025
Annual net income$29.36M
FY2016FY2025
Annual free cash flow$43.12M
FY2016FY2025

ATRO revenue and earnings growth

ATRO revenueQ2 2026$259.96M

Quarter YoY
+27.0%
QoQ
+12.7%
FY YoY
+8.4%
5Y CAGR
+11.4%

ATRO revenue was $259.96M in fiscal Q2 2026 (ended Jul 4, 2026), up 27.0% from a year earlier and up 12.7% from the prior quarter. For the full fiscal 2025 it was $862.13M, up 8.4% from fiscal 2024. Compound annual growth was +11.4% over 5 years. It rose in 5 of the last 9 fiscal years. Fiscal 2025 is the highest of the 10 fiscal years on file.

ATRO net incomeQ2 2026$35.06M

Quarter YoY
27x
QoQ
+37.3%
10Y CAGR
-7.9%

ATRO net income was $35.06M in fiscal Q2 2026 (ended Jul 4, 2026), up about 27-fold from a year earlier and up 37.3% from the prior quarter. For the full fiscal 2025 it was $29.36M, compared with -$16.21M in fiscal 2024. Compound annual growth was -7.9% over 10 years.

ATRO EPSQ2 2026$0.75

Quarter YoY
25x
QoQ
+34.3%
10Y CAGR
-9.6%

ATRO diluted EPS was $0.75 in fiscal Q2 2026 (ended Jul 4, 2026), up about 25-fold from a year earlier and up 34.3% from the prior quarter. For the full fiscal 2025 it was $0.68, compared with -$0.38 in fiscal 2024. Compound annual growth was -9.6% over 10 years.

ATRO free cash flowQ2 2026$24.41M

FY YoY
+94.8%
5Y CAGR
+7.6%
10Y CAGR
-3.2%

ATRO free cash flow was $24.41M in fiscal Q2 2026 (ended Jul 4, 2026), compared with -$12.24M a year earlier. For the full fiscal 2025 it was $43.12M, up 94.8% from fiscal 2024. Compound annual growth was +7.6% over 5 years and -3.2% over 10 years.

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Income statement

Income statement
Line item
Dec 31, 2025
Dec 31, 2024
Dec 31, 2023
Dec 31, 2022
Dec 31, 2021
Dec 31, 2020
Dec 31, 2019
Dec 31, 2018
Dec 31, 2017
Dec 31, 2016
Revenue$862.13M$795.43M$689.21M$534.89M$444.91M$502.59M$772.70M$803.26M$624.46M$633.12M
Cost of revenue$603.97M$575.00M$514.67M$463.35M$379.55M$405.74M$616.56M$622.56M$487.35M$473.66M
Gross profit$258.16M$220.43M$174.53M$71.54M$65.36M$96.84M$156.14M$180.70M$137.11M$159.47M
Research and development$43.48M$52.09M$53.74M$48.30M$43.30M$40.20M$108.90M$114.30M$95.00M$88.90M
Selling, general and admin$138.27M$141.88M$127.47M$101.58M$99.05M$110.53M$143.36M$117.03M$88.78M$84.58M
Operating income$76.41M$26.47M-$6.67M-$30.04M-$28.67M-$100.70M$1.70M$63.66M$32.10M$74.88M
Pre-tax income$31.95M-$7.87M-$26.31M-$29.79M-$26.96M-$112.41M$68.30M$52.28M$24.99M$68.78M
Income tax$2.59M$8.35M$110.0K$5.95M-$1.38M$3.37M$16.29M$5.48M$5.31M$20.36M
Net income$29.36M-$16.21M-$26.42M-$35.75M-$25.58M-$115.78M$52.02M$46.80M$19.68M$48.42M
EPS, basic$0.69-$0.38-$0.67-$0.93-$0.68-$3.13$1.35$1.21$0.50$1.20
EPS, diluted$0.68-$0.38-$0.67-$0.93-$0.68-$3.13$1.33$1.18$0.48$1.17
Diluted shares43.8M42.0M39.7M38.6M37.3M37.0M39.0M39.8M40.5M41.4M

Balance sheet

Balance sheet
Line item
Dec 31, 2025
Dec 31, 2024
Dec 31, 2023
Dec 31, 2022
Dec 31, 2021
Dec 31, 2020
Dec 31, 2019
Dec 31, 2018
Dec 31, 2017
Dec 31, 2016
Cash and equivalents$18.18M$18.43M$11.31M$13.78M$29.76M$40.41M$31.91M$16.62M$17.91M$17.90M
Receivables$204.67M$191.45M$172.11M$147.79M$107.44M$93.06M$148.00M$182.31M$132.63M$109.42M
Inventory$196.86M$199.74M$191.80M$187.98M$157.58M$157.06M$145.79M$138.69M$150.20M$116.60M
Current assets$437.74M$426.17M$389.78M$365.29M$339.86M$316.95M$343.08M$374.17M$315.33M$255.07M
Goodwill$62.92M$58.06M$58.21M$58.17M$58.28M$58.28M$144.97M$124.95M$125.64M$115.21M
Total assets$706.68M$648.76M$633.79M$615.03M$609.14M$619.75M$782.72M$774.64M$735.96M$604.34M
Current liabilities$141.28M$156.15M$143.33M$151.61M$118.61M$93.74M$120.64M$128.09M$102.89M$86.56M
Short-term debt-$0$9.00M$4.50M$0$0$224.0K$1.87M$2.69M$2.64M
Long-term debt$334.45M$168.67M$159.24M$159.50M$163.00M$173.00M$188.00M$232.11M$269.08M$145.48M
Total debt$334.45M$168.67M$168.23M$164.00M$163.00M$173.00M$188.22M$233.98M$271.77M$148.12M
Total liabilities$566.60M$392.67M$384.27M$375.11M$352.53M$349.37M$393.86M$388.01M$406.03M$266.89M
Shareholders' equity$140.07M$256.10M$249.52M$239.92M$256.60M$270.37M$388.86M$386.63M$329.93M$337.45M

Cash flow

Cash flow
Line item
Dec 31, 2025
Dec 31, 2024
Dec 31, 2023
Dec 31, 2022
Dec 31, 2021
Dec 31, 2020
Dec 31, 2019
Dec 31, 2018
Dec 31, 2017
Dec 31, 2016
Operating cash flow$74.80M$30.57M-$23.95M-$28.31M-$5.53M$37.34M$42.69M$54.88M$37.78M$48.85M
Capital expenditures$31.67M$8.43M$7.64M$7.67M$6.03M$7.46M$12.08M$16.32M$13.48M$13.04M
Free cash flow$43.12M$22.14M-$31.59M-$35.99M-$11.56M$29.88M$30.61M$38.56M$24.30M$35.82M
Investing cash flow-$53.75M-$8.43M-$4.11M$14.39M$3.18M-$5.80M$64.63M-$19.67M-$129.56M-$14.62M
Financing cash flow-$22.39M-$14.53M$25.43M-$1.41M-$7.50M-$24.58M-$92.18M-$36.13M$91.42M-$34.81M
Share repurchases---$0$0$7.73M$50.78M$0$32.38M$17.62M
Stock-based compensation$6.80M$8.57M$7.20M$6.50M$6.46M$5.18M$3.84M$3.10M$2.60M$2.28M
Depreciation and amortization$21.84M$24.47M$26.10M$27.78M$29.00M$31.85M$33.05M$35.03M$27.06M$25.79M

Key ratios

Key ratios
Line item
Dec 31, 2025
Dec 31, 2024
Dec 31, 2023
Dec 31, 2022
Dec 31, 2021
Dec 31, 2020
Dec 31, 2019
Dec 31, 2018
Dec 31, 2017
Dec 31, 2016
Revenue growth, YoY8.4%15.4%28.8%20.2%-11.5%-35.0%-3.8%28.6%-1.4%-
Net income growth, YoY------11.1%137.8%-59.4%-27.7%
EPS growth, YoY------13.5%143.1%-58.6%-36.9%
Gross margin29.9%27.7%25.3%13.4%14.7%19.3%20.2%22.5%22.0%25.2%
Operating margin8.9%3.3%-1.0%-5.6%-6.4%-20.0%0.2%7.9%5.1%11.8%
Net margin3.4%-2.0%-3.8%-6.7%-5.7%-23.0%6.7%5.8%3.2%7.6%
Free cash flow margin5.0%2.8%-4.6%-6.7%-2.6%5.9%4.0%4.8%3.9%5.7%
Return on equity21.0%-6.3%-10.6%-14.9%-10.0%-42.8%13.4%12.1%6.0%14.4%
Return on assets4.2%-2.5%-4.2%-5.8%-4.2%-18.7%6.6%6.0%2.7%8.0%
Current ratio3.102.732.722.412.873.382.842.923.062.95
Debt to equity2.390.660.670.680.640.640.480.610.820.44

Source: XBRL data Astronics Corporation files with the SEC, latest filing dated Aug 12, 2026 (see filings on SEC EDGAR). Provided for information only, not investment advice. Check the filing before relying on a number.

Per-share figures and share counts are restated for stock splits the filings show: 6-for-5, first reported Nov 5, 2013; 6-for-5, first reported Nov 4, 2014; 6-for-5, first reported Aug 12, 2026.

EPS growth is left out where the share count moved enough to suggest a split the filings do not show. Growth rates need a positive starting figure. CAGR is compound annual growth between fiscal years. The CSV holds every period on file, in full figures, from the same SEC filings.

ATRO peers

CompanyRevenueGrowthNet incomeNet marginMarket cap
ATRO$942.09M+14.5%$79.12M8.4%$2.35B
LMT$79.12B+7.9%$6.51B8.2%$131.00B
TDG$10.01B+16.6%$2.13B21.3%$66.17B
FER€9.63B+5.2%€888.00M9.2%$42.24B
RKLB$769.15M+52.5%-$165.46M-21.5%$33.32B
ESLT$7.94B+16.3%$534.34M6.7%$31.75B
J$14.22B+20.1%$338.43M2.4%$17.43B
TTEK$5.07B-7.6%$435.98M8.6%$10.32B

ATRO FAQ

9 questions
  • What is ATRO revenue?
    Astronics Corporation (ATRO) reported $942.09M of revenue for the twelve months ended Jul 4, 2026. That is up 14.5% from the year before. Revenue for fiscal 2025 was $862.13M.
  • Is ATRO profitable?
    Yes. Astronics Corporation earned $79.12M in net income for the twelve months ended Jul 4, 2026, a net margin of 8.4%.
  • How much cash and debt does ATRO have?
    Astronics Corporation reported $9.02M in cash and cash equivalents and $310.32M of debt on its most recent balance sheet in SEC filings.
  • How fast is ATRO revenue growing?
    Astronics Corporation's revenue changed +8.4% in fiscal 2025, to $862.13M. Its compound annual growth rate was +11.4% over 5 years.
  • What is ATRO gross margin?
    Astronics Corporation's gross profit was $306.51M on $942.09M of revenue for the twelve months ended Jul 4, 2026, a gross margin of 32.5%.
  • What is ATRO free cash flow?
    Astronics Corporation generated $60.68M of free cash flow for the twelve months ended Jul 4, 2026, which is operating cash flow of $102.51M less capital expenditures.
  • What is ATRO earnings per share?
    Diluted earnings per share were $1.70 for the twelve months ended Jul 4, 2026, from SEC filings, restated for any stock split those filings show.
  • When did ATRO last report financial results?
    The latest statements here come from Astronics Corporation's 10-Q filed on Aug 12, 2026, covering the period ended Jul 4, 2026.
  • Where does this ATRO financial data come from?
    Quantisnow builds these statements from the structured XBRL data Astronics Corporation files with the SEC. It is provided for information only and is not investment advice.