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Astronics ATRO Aerospace — Goodwill, Impaired, Accumulated Impairment Loss

Other segment segments

Test Systems
$0

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Other financials

Income statement

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Revenue$230.6M+12.0%
Gross profit$75.1M+23.5%
Operating income$27.2M+107%
Net income$25.5M+168%
EPS (diluted)$0.67+158%

Balance sheet

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Cash & equivalents$11.9M-54.3%
Total debt$379.1M+93.4%
Total equity$161.7M-39.4%
Total assets$747.1M+12.8%

Cash flow

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Operating cash flow$10.6M-48.6%
CapEx$11.2M+430%
Free cash flow-$554.0K-103%

Valuation

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Market cap$3.75B+200%
Enterprise value$4.12B+187%
P/E82.7×
P/S4.2×+2.7×

Profitability

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Gross margin30.7%+2.1pp
Operating margin10.2%+5.6pp
Net margin5.1%+4.7pp
FCF margin4.9%+4.0pp

Returns & leverage

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Return on equity21.2%+20.0pp
Debt / equity2.3×+1.6×
Current ratio+0.2×

Where this comes from

Reported directly by Astronics in its filing.

Tagged under the XBRL concept us-gaap:GoodwillImpairedAccumulatedImpairmentLoss.

The source filing: Astronics’s 10-K, filed February 26, 2026.

Filed
Feb 26, 2026, 2:31 PM EST
Fiscal year
FY2025
Accession
0000008063-26-000021
(In thousands)AerospaceTest SystemsTotal
Foreign Currency Translations and Other(154)(154)
Balance at December 31, 202436,42121,63558,056
Acquisitions4,7594,759
Foreign Currency Translations and Other108108
Balance at December 31, 2025$41,288$21,635$62,923
Goodwill, Gross$161,989$21,635$183,624
Accumulated Impairment Losses(120,701)(120,701)
Goodwill, Net$41,288$21,635$62,923

ITEM 8. FINANCIAL STATEMENTS AND SUPPLEMENTARY DATA

FAQ

What is Astronics's aerospace — goodwill, impaired, accumulated impairment loss?
Astronics (ATRO) reported aerospace — goodwill, impaired, accumulated impairment loss of $120.7M in Q4 2025.
How has Astronics's aerospace — goodwill, impaired, accumulated impairment loss changed year-over-year?
Astronics's aerospace — goodwill, impaired, accumulated impairment loss decreased by 0.0% year-over-year, from $120.7M to $120.7M.
What does aerospace — goodwill, impaired, accumulated impairment loss mean?
This reflects the cumulative historical write-downs taken against the carrying value of goodwill within the Aerospace segment. It indicates past instances where the fair value of acquired businesses fell below their recorded book value, signaling potential challenges in realizing expected synergies.

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