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Astronics ATRO Test Systems Segment — Sales

Other segment segments

Aerospace
$213.84M+11.7%

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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:RevenueFromContractWithCustomerExcludingAssessedTax.

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
Aerospace$213,843$191,388
Less Inter-segment Sales(23)(13)
Total Aerospace Sales213,820191,375
Test Systems16,82414,592
Less Inter-segment Sales(25)(31)
Total Test Systems Sales16,79914,561
Total Consolidated Sales230,619205,936
Less1

Item 1. Financial Statements

FAQ

What is Astronics's test systems segment — sales?
Astronics (ATRO) reported test systems segment — sales of $16.82M in Q1 2026.
How has Astronics's test systems segment — sales changed year-over-year?
Astronics's test systems segment — sales increased by 15.3% year-over-year, from $14.59M to $16.82M.
What is the long-term trend for Astronics's test systems segment — sales?
Over 4 years (2021 to 2025), Astronics's test systems segment — sales has grown at a -5.1% compound annual growth rate (CAGR), from $80.03M to $64.81M.
What does test systems segment — sales mean?
This metric represents the total revenue generated by the Test Systems business segment from the sale of goods and services to aerospace, defense, and semiconductor customers. It serves as a primary indicator of market demand and the segment's ability to capture business within its specialized industrial niches.

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