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Astronics ATRO Test Systems Segment — Operating Profit (Loss)

Other segment segments

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$35.33M+58.7%

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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:OperatingIncomeLoss.

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
Operating Profit and Margins:
Aerospace35,33222,264
16.5%11.6%
Test Systems403(2,223)
2.4%(15.3)%
Total Operating Profit35,73520,041
15.5%9.7%
Deductions from Segment Measure of Operating Profit:

Item 1. Financial Statements

FAQ

What is Astronics's test systems segment — operating profit (loss)?
Astronics (ATRO) reported test systems segment — operating profit (loss) of $403K in Q1 2026.
How has Astronics's test systems segment — operating profit (loss) changed year-over-year?
Astronics's test systems segment — operating profit (loss) increased by 118.1% year-over-year, from -$2.22M to $403K.
What is the long-term trend for Astronics's test systems segment — operating profit (loss)?
Over 3 years (2021 to 2024), Astronics's test systems segment — operating profit (loss) has grown at a 31.1% compound annual growth rate (CAGR), from -$3.77M to -$8.48M.
What does test systems segment — operating profit (loss) mean?
This metric measures the profitability of the Test Systems segment after deducting operating expenses from its gross profit, excluding interest and taxes. It is a key indicator of the segment's core operational health and its ability to generate sustainable earnings from its primary business activities.

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