CPI Aerostructures Inc income statement
In fiscal 2025, CPI Aerostructures Inc reported revenue of $69.3m, down 14.6% on the year before, operating income of −$176,382 (a -0.3% margin) and net income of −$843,361, or −$0.07 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 | LTMJun 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 44 | 44 | 74 | 89 | 83 | 40 | 100 | 81 | 81 | 70 | 88 | 88 | 103 | 83 | 86 | 81 | 69 | 74 |
| Cost of revenue | 33 | 38 | 55 | 65 | 65 | 69 | 84 | — | 63 | 66 | 81 | 78 | 88 | 67 | 69 | 64 | 59 | 57 |
| Gross profit | 11 | 6 | 19 | 24 | 18 | −30 | 17 | 4 | 19 | 4 | 7 | 10 | 15 | 16 | 17 | 17 | 11 | 17 |
| Selling, general and administrative | 5 | 5 | 8 | 7 | 7 | 7 | 8 | 9 | 8 | 10 | 12 | 12 | 12 | 11 | 11 | 11 | 11 | 11 |
| Operating income | 6 | 1 | 11 | 17 | 12 | −37 | 9 | −4 | 10 | −6 | −5 | −2 | 3 | 5 | 6 | 7 | −0 | 6 |
| Interest expense | 0 | 0 | 0 | 0 | 1 | 1 | 1 | 1 | 2 | 2 | 2 | 1 | 1 | 2 | 2 | 2 | 2 | 1 |
| Provision for credit losses | — | — | — | — | — | — | — | — | — | 0 | 0 | −0 | 0 | 0 | — | 0 | −0 | — |
| Income before tax | 6 | 1 | 11 | 17 | 11 | −38 | 8 | −6 | 8 | −8 | −7 | −4 | 7 | 3 | 4 | 4 | −2 | 5 |
| Income tax | 2 | 0 | 3 | 6 | 3 | −12 | 3 | −2 | 3 | 0 | 0 | −0 | 0 | −7 | −13 | 1 | −1 | 1 |
| Net income | 4 | 1 | 7 | 11 | 8 | −25 | 5 | −4 | 6 | −8 | −7 | −4 | 7 | 9 | 17 | 3 | −1 | 4 |
| Diluted EPS | $0.64 | $0.08 | $1.04 | $1.40 | $0.91 | −$2.98 | $0.58 | $0.42 | $0.65 | −$0.80 | −$0.57 | −$0.31 | $0.56 | $0.74 | $1.38 | $0.26 | −$0.07 | $0.29 |
| Diluted shares (average) | 6m | 7m | 7m | 8m | 8m | 8m | 9m | 9m | 9m | 9m | 12m | 12m | 12m | 12m | 12m | 13m | 13m | 13m |
| EBITDA | 6 | 1 | 11 | 18 | 12 | −36 | 10 | −4 | 11 | −5 | −4 | −1 | 4 | 6 | 7 | 7 | 0 | 6 |
| Quarter | 2024 Q3Sept 2024 | 2024 Q4Dec 2024 | 2025 Q1Mar 2025 | 2025 Q2Jun 2025 | 2025 Q3Sept 2025 | 2025 Q4Dec 2025 | 2026 Q1Mar 2026 | 2026 Q2Jun 2026 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 19 | 22 | 15 | 15 | 19 | 19 | 17 | 18 |
| Cost of revenue | 15 | 17 | 14 | 15 | 15 | 15 | 13 | 14 |
| Gross profit | 4 | 4 | 2 | 1 | 4 | 4 | 4 | 4 |
| Selling, general and administrative | 3 | 2 | 3 | 3 | 3 | 3 | 3 | 3 |
| Operating income | 1 | 2 | −1 | −2 | 2 | 1 | 2 | 1 |
| Interest expense | 1 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Provision for credit losses | 0 | 0 | −0 | 0 | 0 | 0 | — | — |
| Income before tax | 1 | 2 | −2 | −2 | 1 | 1 | 2 | 1 |
| Income tax | 0 | 1 | −0 | −1 | 0 | 0 | 0 | 0 |
| Net income | 1 | 1 | −1 | −1 | 1 | 1 | 1 | 1 |
| Diluted EPS | $0.06 | $0.08 | −$0.10 | −$0.10 | $0.09 | $0.05 | $0.09 | $0.05 |
| EBITDA | 2 | 2 | −1 | −2 | 2 | 1 | 2 | 1 |
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