Astronics Corp income statement
In fiscal 2025, Astronics Corp reported revenue of $862m, up 8.4% on the year before, operating income of $76.4m (a 8.9% margin) and net income of $29.4m, or $0.81 per diluted share. Every line below comes from the company's 10-K and 10-Q filings; column headings link to the filing.
Income statement
| Fiscal year | 2009Dec 2009 | 2010Dec 2010 | 2011Dec 2011 | 2012Dec 2012 | 2013Dec 2013 | 2014Dec 2014 | 2015Dec 2015 | 2016Dec 2016 | 2017Dec 2017 | 2018Dec 2018 | 2019Dec 2019 | 2020Dec 2020 | 2021Dec 2021 | 2022Dec 2022 | 2023Dec 2023 | 2024Dec 2024 | 2025Dec 2025 | LTMJul 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 191 | 196 | 228 | 266 | 340 | 661 | 692 | 633 | 624 | 803 | 773 | 503 | 445 | 535 | 689 | 795 | 862 | 942 |
| Cost of revenue | — | — | — | — | — | — | — | — | 487 | 623 | 617 | 406 | 380 | 463 | 515 | 575 | 604 | 636 |
| Gross profit | 37 | 48 | 60 | 69 | 88 | 167 | 188 | 159 | 137 | 181 | 156 | 97 | 65 | 72 | 175 | 220 | 258 | 307 |
| Research and development | — | 28 | 36 | 45 | 53 | 77 | 90 | 89 | 95 | 114 | 109 | 40 | 43 | 48 | 54 | 52 | 43 | 44 |
| Selling, general and administrative | 24 | 23 | 27 | 37 | 46 | 80 | 89 | 85 | 89 | 117 | 143 | 111 | 99 | 102 | 127 | 142 | 138 | 137 |
| Operating income | −6 | 24 | 31 | 33 | 42 | 87 | 99 | 75 | 32 | 64 | 2 | −101 | −29 | −30 | −7 | 26 | 76 | 126 |
| Interest expense | — | 3 | 2 | 1 | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Net interest income | — | 3 | −2 | −1 | −4 | −8 | −5 | −4 | −5 | −10 | −6 | −7 | −7 | −9 | −23 | — | — | — |
| Income before tax | −8 | 22 | 29 | 32 | 38 | 79 | 94 | 69 | 25 | 52 | 68 | −112 | −27 | −30 | −26 | −8 | 32 | 83 |
| Income tax | −4 | 7 | 7 | 10 | 11 | 23 | 27 | 20 | 5 | 5 | 16 | 3 | −1 | 6 | 0 | 8 | 3 | 3 |
| Net income | −4 | 15 | 22 | 22 | 27 | 56 | 67 | 48 | 20 | 47 | 52 | −116 | −26 | −36 | −26 | −16 | 29 | 79 |
| Diluted EPS | −$0.32 | $0.45 | $0.64 | $0.64 | $0.79 | $1.58 | $2.22 | $1.40 | $0.58 | $1.41 | $1.60 | −$3.76 | −$0.82 | −$1.11 | −$0.80 | −$0.46 | $0.81 | — |
| Diluted shares (average) | — | 33m | 33m | 34m | 34m | 35m | 36m | 35m | 34m | 33m | 32m | 31m | 31m | 32m | 33m | 35m | 36m | — |
| EBITDA | 1 | 29 | 36 | 40 | 53 | 115 | 124 | 101 | 59 | 99 | 35 | −69 | 0 | −2 | 19 | 51 | 98 | 149 |
| Quarter | 2024 Q3Sept 2024 | 2024 Q4Dec 2024 | 2025 Q1Mar 2025 | 2025 Q2Jun 2025 | 2025 Q3Sept 2025 | 2025 Q4Dec 2025 | 2026 Q1Apr 2026 | 2026 Q2Jul 2026 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 204 | 209 | 206 | 205 | 211 | 240 | 231 | 260 |
| Cost of revenue | 148 | 146 | 145 | 152 | 147 | 160 | 155 | 173 |
| Gross profit | 55 | 62 | 61 | 53 | 65 | 80 | 75 | 87 |
| Research and development | 12 | 12 | 11 | 12 | 10 | 11 | 12 | 11 |
| Selling, general and administrative | 34 | 41 | 37 | 36 | 31 | 34 | 36 | 36 |
| Operating income | 8 | 9 | 13 | 5 | 23 | 35 | 27 | 40 |
| Interest expense | −6 | — | 3 | — | — | — | 2 | — |
| Income before tax | −5 | 1 | 10 | 2 | −12 | 32 | 25 | 38 |
| Income tax | 7 | 3 | 1 | 1 | −1 | 3 | −1 | 3 |
| Net income | −12 | −3 | 10 | 1 | −11 | 30 | 26 | 35 |
| Diluted EPS | −$0.27 | −$0.08 | $0.26 | $0.03 | −$0.25 | $0.78 | $0.53 | $0.75 |
| EBITDA | 14 | 15 | 19 | 10 | 28 | 41 | 33 | 47 |
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