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Astronics ATRO Operating Income

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Segments

By segment

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Aerospace$35.33M+58.7%
Test Systems Segment$403K+118%

Other financials

Income statement

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Revenue$230.6M+12.0%
Gross profit$75.1M+23.5%
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
Line itemThree Months Ended / April 4, 2026March 29, 2025
Gross Profit75,13360,849
Research and Development Expenses12,08911,067
Selling, General and Administrative Expenses35,81436,645
Income from Operations27,23013,137
Other Expense (Income), Net109(187)
Interest Expense, Net of Interest Income2,3363,150
Income Before Income Taxes24,78510,174
(Benefit from) Provision for Income Taxes(755)646

Item 1. Financial Statements

FAQ

What is Astronics's operating income?
Astronics (ATRO) reported operating income of $27.23M in Q1 2026.
How has Astronics's operating income changed year-over-year?
Astronics's operating income increased by 107.3% year-over-year, from $13.14M to $27.23M.
What is the long-term trend for Astronics's operating income?
Over 3 years (2021 to 2025), Astronics's operating income has grown at a 38.6% compound annual growth rate (CAGR), from -$28.67M to $76.41M.
What does operating income mean?
Gross profit minus all operating expenses (SG&A, R&D, D&A). Measures the profit from core business operations before interest, taxes, and non-operating items.

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