The earnings call presented a mixed picture with significant achievements in defense sector growth, record revenues, and strong bookings, offset by challenges including the Guaymas Fire litigation settlement and a decline in commercial aerospace revenues.

Company Guidance

In the Ducommun Third Quarter 2025 Earnings Conference Call, the company reported robust financial performance, with a new quarterly revenue record of $212.6 million, marking an increase of 6% year-over-year. This represents Ducommun's 18th consecutive quarter of revenue growth. The defense sector was a key driver, showing a 13% growth, fueled by a 21% rise in missile franchise sales and substantial increases in military fixed-wing and rotary-wing aircraft platforms. Despite a 10% decline in commercial aerospace revenue due to ongoing destocking, the company remains optimistic, especially as Boeing's production rates are expected to increase. Gross margins improved to 26.6%, and adjusted EBITDA reached 16.2%, setting record levels. Bookings were strong at $338 million, with a book-to-bill ratio of 1.6x, leading to a record $1.03 billion in remaining performance obligations. The company reaffirmed its guidance for mid-single-digit revenue growth for the full year, with expectations of low double-digit growth in Q4 2025.

Record Revenue Achievement

Revenues reached a new quarterly record of $212.6 million, marking the 18th consecutive quarter of year-over-year growth, with a 6% increase over the previous year.

Strong Defense Sector Growth

Defense business achieved a 13% growth in the quarter, with missile franchise up by 21%, military fixed-wing aircraft up by 17%, and rotary-wing aircraft platforms increasing by 22%.

Robust Bookings and Backlog

Ducommun reported $338 million in new orders in Q3, with a book-to-bill ratio of 1.6x and remaining performance obligations reaching $1.03 billion, a new record for the company.

Gross and EBITDA Margin Improvements

Gross margins increased to 26.6% in Q3, up 40 basis points year-over-year, with adjusted EBITDA reaching 16.2% of revenue, representing an expansion of 30 basis points from the prior year.

Commercial Aerospace Optimism

Despite a 10% decline in the commercial aerospace business, Boeing received FAA approval to increase build rates, indicating a promising outlook once destocking completes in 2026.

Ducommun (DCO) Earnings, Revenues Date & History

The upcoming earnings date is based on a company’s previous reporting, and may be updated when the actual date is announced

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DCO Earnings History

Report Date	Fiscal Quarter	Forecast / EPS	Last Year's EPS	EPS YoY Change	Slides	Play Transcript
Feb 19, 2026	2025 (Q4)	0.98 / -	0.75	―	―	―
Nov 06, 2025	2025 (Q3)	0.95 / 0.99	0.99	0.00% (0.00)
Aug 07, 2025	2025 (Q2)	0.82 / 0.88	0.83	6.02% (+0.05)
May 06, 2025	2025 (Q1)	0.70 / 0.83	0.46	80.43% (+0.37)
Feb 27, 2025	2024 (Q4)	0.81 / 0.75	0.34	120.59% (+0.41)
Nov 07, 2024	2024 (Q3)	0.74 / 0.99	0.22	350.00% (+0.77)
Aug 08, 2024	2024 (Q2)	0.60 / 0.83	0.17	388.24% (+0.66)
May 08, 2024	2024 (Q1)	0.36 / 0.46	0.42	9.52% (+0.04)
Feb 15, 2024	2023 (Q4)	0.37 / 0.34	0.65	-47.69% (-0.31)
Nov 08, 2023	2023 (Q3)	0.36 / 0.22	0.69	-68.12% (-0.47)

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

DCO Earnings-Related Price Changes

Report Date	Price 1 Day Before	Price 1 Day After	Percentage Change
Nov 06, 2025	$91.86	$89.15	-2.95%
Aug 07, 2025	$91.37	$91.86	+0.54%
May 06, 2025	$58.55	$60.86	+3.95%
Feb 27, 2025	$61.36	$57.42	-6.42%

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 Ducommun Incorporated (DCO) report earnings?

Ducommun Incorporated (DCO) is schdueled to report earning on Feb 19, 2026, After Close (Confirmed).

What is Ducommun Incorporated (DCO) earnings time?

Ducommun Incorporated (DCO) earnings time is at Feb 19, 2026, After Close (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 DCO EPS forecast?

DCO EPS forecast for the fiscal quarter 2025 (Q4) is 0.99.

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