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Segments

By segment

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Aerospace$5.38M+19.6%
Test Systems Segment$505K-53.2%

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, 2026Three Months Ended / March 29, 2025
Net Income$25,540$9,528
Adjustments to Reconcile Net Income to Cash Flows from Operating Activities:
Non-cash items:
Depreciation and Amortization5,8945,588
Amortization of Deferred Financing Fees607602
Provisions for Non-cash Losses on Inventory and Receivables1,4411,728
Equity-based Compensation Expense2,5562,345
Deferred Tax Expense (Benefit)62(1,125)

Item 1. Financial Statements

FAQ

What is Astronics's D&A?
Astronics (ATRO) reported D&A of $5.89M in Q1 2026.
How has Astronics's D&A changed year-over-year?
Astronics's D&A increased by 5.5% year-over-year, from $5.59M to $5.89M.
What is the long-term trend for Astronics's D&A?
Over 4 years (2021 to 2025), Astronics's D&A has grown at a -6.8% compound annual growth rate (CAGR), from $29.01M to $21.84M.
What does D&A mean?
Total non-cash depreciation of tangible assets and amortization of intangible assets — the largest add-back to net income in the operating cash flow reconciliation.

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