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Astronics ATRO Test Systems Segment — D&A

Other segment segments

Aerospace
$5.38M+19.6%

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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:DepreciationDepletionAndAmortization.

The source filing: Astronics’s 10-Q, filed May 13, 2026.

Filed
May 13, 2026, 2:28 PM EDT
Fiscal quarter
Q1 FY2026
Calendar quarter
Q1 2026
Accession
0000008063-26-000025
(In thousands)Three Months Ended / April 4, 2026March 29, 2025
Depreciation and Amortization:
Aerospace$5,379$4,498
Test Systems5051,078
Corporate1012
Total Depreciation and Amortization$5,894$5,588
Capital Expenditures:
Aerospace$10,731$2,082
Test Systems42923

Item 1. Financial Statements

FAQ

What is Astronics's test systems segment — D&A?
Astronics (ATRO) reported test systems segment — D&A of $505K in Q1 2026.
How has Astronics's test systems segment — D&A changed year-over-year?
Astronics's test systems segment — D&A decreased by 53.2% year-over-year, from $1.08M to $505K.
What is the long-term trend for Astronics's test systems segment — D&A?
Over 4 years (2021 to 2025), Astronics's test systems segment — D&A has grown at a -12.6% compound annual growth rate (CAGR), from $5.02M to $2.93M.
What does test systems segment — D&A mean?
This metric represents the non-cash expense allocated to the Test Systems segment for the systematic reduction in the value of tangible and intangible assets over their useful lives. Monitoring this figure helps investors understand the capital intensity and asset aging profile of the segment's specialized testing infrastructure.

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