DCO: SEC Form 10-Q filed by Ducommun Incorporated
Q3 net income $13.9M ($0.89/diluted sh) vs $60.8M loss prior year; prior-year litigation charge of $99.7M did not recur; results restated.
What this filing says
Ducommun reported net income of $13.9 million for the quarter ended October 3, 2026, compared with a net loss a year earlier that was driven by a $99.7 million litigation settlement charge. The figures are shown as restated, so the prior-period comparisons carry that caveat. For a shareholder, the swing reflects the absence of that large one-time cost, while the filing also notes higher income tax expense offset part of the gain.
Key figures
- Q3 net income
- $13.9 million
- Q3 diluted earnings per share
- $0.89
- Q3 Adjusted EBITDA
- $39.7 million
- Prior-year quarter net loss
- $60.8 million
- Prior-year litigation settlement costs
- $99.7 million
- Nine-month net income
- $44.2 million
Positive for shareholders
- Net income swung to a profit as the prior-year litigation settlement cost did not recur.
- Gross profit rose by $6.6 million in the quarter compared with the prior-year quarter.
- Nine-month net income of $44.2 million compares with a net loss in the prior-year period.
Negative for shareholders
- Income tax expense rose, partially offsetting the higher profit.
- The prior-period figures have been restated, which may affect how the comparisons are read.
Written by Quantisnow AI from this filing. Not financial advice.
Key terms
- Adjusted EBITDA:
- A profit measure that adds back interest, taxes, depreciation and amortization, and sometimes other items, to show operating performance before those costs.
- Restated:
- Corrected figures from earlier financial statements that the company has revised after finding errors or changes in accounting.
- ASU 2025-12:
- An accounting standards update issued by the FASB that makes a set of technical corrections to existing rules, effective from 2027.
FAQ
Why did Ducommun report a net loss a year earlier?
The filing attributes the prior-year quarter's net loss of $60.8 million mainly to a litigation settlement and related costs, net, of $99.7 million.
What drove Ducommun's higher net income this quarter?
The filing says the increase was mainly due to the absence of the prior-year litigation settlement costs and higher gross profit of $6.6 million, partly offset by higher income tax expense.
Historical context for DCO
Across the 29 sessions after earlier DCO headlines, the stock closed higher 18 times and lower 11 times, with a median move of 1.9% in either direction. This shows timing only: many things move a stock in a session, and these figures do not show that any headline caused a move.
| Session | Earlier headline | DCO | SPY |
|---|---|---|---|
| Nov 5, 2026 | Ducommun Incorporated Reports Third Quarter 2026 Results | -15.2% | -4.4% |
| Nov 3, 2026 | Ducommun to Participate in RBC Global Industrials Conference | +1.9% | +0.3% |
| Oct 26, 2026 | Ducommun to Participate in Baird’s Global Industrial Conference | +4.0% | +0.7% |
| Oct 22, 2026 | Ducommun Incorporated Announces Third Quarter Conference Call | -5.1% | -1.2% |
| Oct 9, 2026 | Guggenheim initiated coverage on Ducommun with a new price target | +1.3% | +0.6% |
| Sep 24, 2026 | Ducommun’s CEO Sets the Stage for Continued Success, Unveiling the VISION 2032 Game Plan at Investor Day | +1.2% | -0.1% |
Keep researching DCO
- DCO financial statementsRevenue, profit, cash flow and balance sheet from Ducommun Incorporated's SEC filings.
- What is Form 10-Q?The quarterly report US public companies file with the SEC for each of the first three fiscal quarters, with unaudited financial statements and MD&A.
- Form 10-K vs 10-QThe difference between a 10-K and a 10-Q: what each report contains, filing deadlines by company size, audited vs reviewed financials, and which sections to read first.
- DCO insider tradesEvery buy and sale reported by Ducommun Incorporated officers, directors and large holders.
- DCO earnings historyPast Ducommun Incorporated earnings releases, newest first.
- Market cap
- 30-day
- Sector
- Industrials
- Industry
- Military/Government/Technical
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