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Astronics Corp. (ATRO)
NASDAQ:ATRO
Earnings Data
Report Date
Apr 30, 2026Before Open (Confirmed)
Period Ending
2026 (Q1)Consensus EPS Forecast
0.59Last Year’s EPS
0.26Same Quarter Last Year
Strong Buy
Based on 3 Analysts Ratings
Earnings Call Summary
Earnings Call Sentiment|Positive
The call presented a strongly positive operational and financial quarter with record revenue, significant margin expansion, robust cash generation, record backlog and constructive 2026 guidance. Key near-term challenges include a large increase in net debt from refinancing and convertible bond repurchases, tariff uncertainty (potential ~$8M exposure), elevated planned capital and ERP spending that will pressure cash flow in 2026, and dependency on timing of the Army test-program ramp for Test Systems profitability. Overall, the positives — record sales, broad-based margin improvement, strong bookings/backlog and clear progress on pricing and cost initiatives — outweigh the headwinds, which appear manageable and largely one-time or timing-related.Company Guidance
Record Quarterly Revenue
Q4 revenue of $240,000,000 set a new company record, beating the prior 2018 record by almost 13%; sales were up 15.1% year-over-year and up 13.5% sequentially.
Material Gross Profit and Margin Expansion
Gross profit increased nearly 29% to $80,000,000 in Q4; gross margin expanded 350 basis points year-over-year to 33.3%.
Record Operating Income and Adjusted EBITDA
Operating income was $35,500,000 (14.8% operating margin) and adjusted EBITDA was 19% for the quarter — both post-pandemic records.
Strong Aerospace Performance
Aerospace operating profit was $41,700,000, roughly 2.5x the prior year; Aerospace operating margin reached ~19% (adjusted Aerospace margin ~19.8%, a ~380 basis point expansion).
Improved Full-Year Profitability Metrics
2025 adjusted operating margin improved to 12.2% from 7.7% in 2024 and adjusted EBITDA rose to 15.6% from 12.1% the prior year; full-year revenue growth was 8.4%.
Cash Generation, Liquidity and Backlog Strength
Generated $27,600,000 in cash from operations in Q4 ($74,800,000 for FY2025); closed quarter with $231,000,000 available liquidity and a record year-end backlog of $674,500,000; Q4 bookings were $257,000,000 with book-to-bill of 1.07.
Reduced Litigation Expense and SG&A
SG&A declined $7,300,000 in Q4, primarily driven by a $9,000,000 reduction in legal reserves and litigation-related expenses, contributing to operating leverage.
Positive Outlook and 2026 Guidance
Preliminary 2026 revenue guidance of $950,000,000 to $990,000,000 (midpoint $970,000,000 implies ~12.5% growth); Q1 revenue expected $220,000,000–$230,000,000 and company targets sustainable high-teens operating margins over time.
Test Systems Profitability Improvement
Test Systems produced an operating profit of $1,100,000 in Q4 versus slightly below breakeven a year ago, reflecting benefits from restructuring and simplification actions.
Progress on Pricing Actions
Company reports repricing actions are ~70%–80% complete, contributing materially to margin recovery versus inflation-driven cost increases.
ATRO Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
ATRO Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
Feb 24, 2026 | $79.39 | $78.84 | -0.69% |
Nov 04, 2025 | $47.99 | $47.35 | -1.33% |
Aug 06, 2025 | $35.37 | $30.01 | -15.15% |
May 06, 2025 | $23.49 | $27.40 | +16.65% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
FAQ
When does Astronics Corp. (ATRO) report earnings?
Astronics Corp. (ATRO) is schdueled to report earning on Apr 30, 2026, Before Open (Confirmed).
What is Astronics Corp. (ATRO) earnings time?
Astronics Corp. (ATRO) earnings time is at Apr 30, 2026, Before Open (Confirmed).
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is ATRO EPS forecast?
ATRO EPS forecast for the fiscal quarter 2026 (Q1) is 0.59.
