ATRO · Astronics Corp - Financials
Annual line items from SEC XBRL filings, sourced from EDGAR's Company Facts API with fallback to the quarterly Financial Statement Data Sets. See issuer overview for Form 4 activity and 10-K signals.
Income Statement
| Line item | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $230.62M | - | $211.45M | $204.68M | $205.94M | - | $203.70M | $198.11M | $185.07M | - |
| Cost of Revenue | $155.49M | - | $146.94M | $151.85M | $145.09M | - | $160.96M | $156.76M | $150.88M | - |
| Gross Profit | $75.13M | - | $64.51M | $52.83M | $60.85M | - | $42.74M | $41.35M | $34.19M | - |
| R&D | $12.09M | - | $10.21M | $11.57M | $11.07M | - | $12.40M | $14.20M | $13.30M | - |
| SG&A | $35.81M | - | $31.25M | $36.50M | $36.65M | - | $34.37M | $33.80M | $32.52M | - |
| Total Operating Expenses | - | - | - | - | - | - | - | - | - | - |
| D&A | $5.89M | - | $6.04M | $6.20M | $5.59M | - | - | - | $6.33M | - |
| Operating Income | $27.23M | - | $23.05M | $4.76M | $13.14M | - | $8.37M | $7.55M | $1.67M | - |
| Interest Expense | $2.30M | - | - | - | - | - | ($6.22M) | ($5.86M) | - | - |
| Income Tax | ($755.0K) | - | ($1.23M) | $537.0K | $646.0K | - | $6.57M | ($274.0K) | ($1.35M) | - |
| Net Income | $25.54M | - | ($11.10M) | $1.31M | $9.53M | - | ($11.74M) | $1.53M | ($3.18M) | - |
| EPS - Basic | $0.71 | - | ($0.31) | $0.04 | $0.27 | - | ($0.34) | $0.04 | ($0.09) | - |
| EPS - Diluted | $0.67 | - | ($0.31) | $0.04 | $0.26 | - | ($0.34) | $0.04 | ($0.09) | - |
Balance Sheet
| Line item | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash & Equivalents | $11.87M | $18.18M | $13.48M | $13.46M | $24.80M | $9.29M | $5.18M | $2.86M | $5.31M | $4.76M |
| Accounts Receivable | $217.02M | $204.67M | $188.63M | $187.27M | $194.04M | $191.45M | $193.49M | $186.29M | $170.25M | $172.11M |
| Inventory | $211.94M | $196.86M | $197.29M | $194.31M | $197.94M | $199.74M | $204.95M | $200.68M | $199.50M | $191.80M |
| Accounts Payable | $55.87M | $41.08M | $51.68M | $45.97M | $45.28M | $42.96M | $57.06M | $56.19M | $61.27M | $61.13M |
| Current Assets | $468.63M | $437.74M | $432.65M | $418.71M | $432.46M | $426.17M | $424.18M | $412.40M | $391.89M | $389.78M |
| Total Assets | $747.14M | $706.68M | $682.19M | $646.69M | $662.24M | $648.76M | $651.60M | $644.86M | $629.96M | $633.79M |
| Current Liabilities | $157.71M | $141.28M | $151.01M | $137.88M | $157.81M | $156.15M | $150.04M | $141.14M | $151.28M | $143.33M |
| Long-term Debt | $334.88M | $334.45M | $334.02M | $159.28M | $160.12M | $168.67M | $178.42M | $172.63M | $153.15M | $159.24M |
| Total Liabilities | $585.44M | $566.60M | $573.28M | $375.12M | $395.49M | $392.67M | $402.39M | $386.98M | $378.24M | $384.27M |
| Stockholders' Equity | $161.70M | $140.07M | $108.91M | $271.57M | $266.76M | $256.10M | $249.20M | $257.88M | $251.72M | $249.52M |
| Retained Earnings | - | $216.70M | - | - | - | $192.21M | - | - | - | $209.75M |
Cash Flow
| Line item | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | $10.61M | - | - | - | $20.64M | - | - | - | $2.04M | - |
| Investing Cash Flow | ($11.16M) | - | - | - | ($2.10M) | - | - | - | ($1.60M) | - |
| Financing Cash Flow | ($5.50M) | - | - | - | ($11.37M) | - | - | - | ($5.04M) | - |
| CapEx | $11.16M | - | - | - | $2.10M | - | - | - | $1.60M | - |
| Free Cash Flow | ($554.0K) | - | - | - | $18.54M | - | - | - | $439.0K | - |
Ratios
| Metric | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Profitability | ||||||||||
| Gross margin | 32.6% | - | 30.5% | 25.8% | 29.5% | - | 21.0% | 20.9% | 18.5% | - |
| Operating margin | 11.8% | - | 10.9% | 2.3% | 6.4% | - | 4.1% | 3.8% | 0.9% | - |
| EBITDA margin | 14.4% | - | 13.8% | 5.4% | 9.1% | - | - | - | 4.3% | - |
| Net margin | 11.1% | - | -5.2% | 0.6% | 4.6% | - | -5.8% | 0.8% | -1.7% | - |
| Free cash flow margin | -0.2% | - | - | - | 9.0% | - | - | - | 0.2% | - |
| FCF / Net income | -0.02 | - | - | - | 1.95 | - | - | - | -0.14 | - |
| R&D / Revenue | 5.2% | - | 4.8% | 5.7% | 5.4% | - | 6.1% | 7.2% | 7.2% | - |
| SG&A / Revenue | 15.5% | - | 14.8% | 17.8% | 17.8% | - | 16.9% | 17.1% | 17.6% | - |
| Effective tax rate | -3.0% | - | - | 29.0% | 6.3% | - | - | -21.8% | - | - |
| Return on assets | 3.4% | - | -1.6% | 0.2% | 1.4% | - | -1.8% | 0.2% | -0.5% | - |
| Return on equity | 15.8% | - | -10.2% | 0.5% | 3.6% | - | -4.7% | 0.6% | -1.3% | - |
| Return on invested capital | 5.5% | - | 4.1% | 0.8% | 2.9% | - | 1.5% | 1.8% | 0.3% | - |
| Liquidity | ||||||||||
| Current ratio | 2.97 | 3.10 | 2.87 | 3.04 | 2.74 | 2.73 | 2.83 | 2.92 | 2.59 | 2.72 |
| Quick ratio | 1.63 | 1.71 | 1.56 | 1.63 | 1.49 | 1.45 | 1.46 | 1.50 | 1.27 | 1.38 |
| Cash ratio | 0.08 | 0.13 | 0.09 | 0.10 | 0.16 | 0.06 | 0.03 | 0.02 | 0.04 | 0.03 |
| Leverage | ||||||||||
| Debt / Equity | 2.07 | 2.39 | 3.07 | 0.59 | 0.60 | 0.66 | 0.72 | 0.67 | 0.61 | 0.64 |
| Debt / Assets | 0.45 | 0.47 | 0.49 | 0.25 | 0.24 | 0.26 | 0.27 | 0.27 | 0.24 | 0.25 |
| Debt / EBITDA | 10.11 | - | 11.48 | 14.53 | 8.55 | - | - | - | 19.16 | - |
| Interest coverage | 11.8x | - | - | - | - | - | -1.3x | -1.3x | - | - |
| Equity multiplier | 4.62 | 5.05 | 6.26 | 2.38 | 2.48 | 2.53 | 2.61 | 2.50 | 2.50 | 2.54 |
| Liabilities / Assets | 0.78 | 0.80 | 0.84 | 0.58 | 0.60 | 0.61 | 0.62 | 0.60 | 0.60 | 0.61 |
| Efficiency | ||||||||||
| Asset turnover | 0.31 | - | 0.31 | 0.32 | 0.31 | - | 0.31 | 0.31 | 0.29 | - |
| Inventory turnover | 0.73 | - | 0.74 | 0.78 | 0.73 | - | 0.79 | 0.78 | 0.76 | - |
| Days sales outstanding | 343d | - | 326d | 334d | 344d | - | 347d | 343d | 336d | - |
| Days inventory outstanding | 498d | - | 490d | 467d | 498d | - | 465d | 467d | 483d | - |
| Days payable outstanding | 131d | - | 128d | 110d | 114d | - | 129d | 131d | 148d | - |
| Cash conversion cycle | 710d | - | 687d | 691d | 728d | - | 682d | 680d | 670d | - |
| Valuation | ||||||||||
| P / E | 104.2x | - | - | 836.0x | 94.9x | - | - | 500.8x | - | - |
| P / B | 16.5x | - | 14.5x | 4.5x | 4.0x | - | 2.8x | 2.8x | 2.6x | - |
| P / S | 11.6x | - | 7.5x | 5.9x | 5.1x | - | 3.4x | 3.6x | 3.6x | - |
| EV / EBITDA | 90.3x | - | 65.4x | 124.3x | 63.8x | - | - | - | 101.5x | - |
| Growth | ||||||||||
| Revenue growth (YoY) | 12.0% | - | 3.8% | 3.3% | 11.3% | - | 25.0% | 13.6% | 18.2% | - |
| Revenue CAGR (3y) | 13.8% | - | 17.2% | 16.6% | 21.0% | - | 22.1% | 21.2% | 20.5% | - |
| Revenue CAGR (5y) | 16.9% | - | 14.7% | 10.6% | 5.5% | - | 2.8% | 0.9% | -2.3% | - |
| Gross profit growth (YoY) | 23.5% | - | 50.9% | 27.7% | 78.0% | - | 107.3% | 26.5% | 24.3% | - |
| Operating income growth (YoY) | 107.3% | - | 175.3% | -37.0% | 688.5% | - | - | 215.1% | - | - |
| Net income growth (YoY) | 168.1% | - | 5.5% | -14.3% | - | - | 30.9% | - | 28.0% | - |
| EPS growth (YoY) | 157.7% | - | 8.8% | 0.0% | - | - | 33.3% | - | 35.7% | - |
| EPS CAGR (3y) | - | - | - | - | - | - | - | - | - | - |
| EPS CAGR (5y) | - | - | - | - | - | - | - | -27.5% | - | - |
| FCF growth (YoY) | - | - | - | - | 4122.6% | - | - | - | - | - |
| FCF CAGR (5y) | - | - | - | - | -2.0% | - | - | - | -43.9% | - |
| Book value growth (YoY) | -39.4% | -45.3% | -56.3% | 5.3% | 6.0% | 2.6% | 7.2% | 11.9% | 5.4% | 4.0% |
Sales by segment
From XBRL dimensional facts in the 10-K period ending 2025-12-31.
Business segments
$664.11M totalAerospace Segment$599.30M · 90.2%
Test Systems Segment$64.81M · 9.8%
Product / service
$797.32M totalProduct Line Electrical Power And Motion$410.38M · 51.5%
Product Line Lighting And Safety$208.90M · 26.2%
Product Line Avionics$123.42M · 15.5%
Product Line Systems Certification$29.07M · 3.6%
Product Line Structures$13.64M · 1.7%
Product Line Other$11.91M · 1.5%
Geographic
$952.23M totalUS$615.10M · 64.6%
Europe$153.40M · 16.1%
Non Us$90.10M · 9.5%
Asia$73.27M · 7.7%
North America Excluding United States$14.63M · 1.5%
Other Continent$3.62M · 0.4%
South America$2.12M · 0.2%
Peer comparison
Same SIC group: Aircraft Parts & Auxiliary Equipment, NEC
Comparing ASTRONICS CORP against the 5 most active filers in the same SIC group.
Dividends
$0.00/share trailing 12 months
| Ex-date | Per share |
|---|---|
| Oct 25, 2012 | $1.6733 |
| Oct 2, 2008 | $2.0379 |
| Mar 17, 2003 | $1.1023 |
| Nov 14, 2001 | $1.4128 |
| Oct 13, 2000 | $0.3335 |