What is Astronics's R&D?

Astronics (ATRO) reported R&D of $12.09M in Q1 2026.

How has Astronics's R&D changed year-over-year?

Astronics's R&D increased by 9.2% year-over-year, from $11.07M to $12.09M.

What is the long-term trend for Astronics's R&D?

Over 2 years (2023 to 2025), Astronics's R&D has grown at a -10.1% compound annual growth rate (CAGR), from $53.74M to $43.48M.

Costs of research activities to discover new knowledge and development activities to translate research into new or improved products, services, processes, or technologies.

Astronics ATRO R&D

R&D at other companies

BoeingBA

$903M+7.0%

Raytheon TechnologiesRTX

$627M-1.6%

Honeywell InternationalHON

$492M+18.3%

Beta Technologies BETA

$91.74M+58.5%

Eaton CorporationETN

$211M+6.6%

Ralliant CorporationRAL

$43.7M+5.8%

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$3.46B+179%

Enterprise value$3.83B+169%

P/E76.4×—

P/S3.9×+2.4×

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

See full

Return on equity21.2%+20.0pp

Debt / equity2.3×+1.6×

Current ratio3×+0.2×

Where this comes from

Reported directly by Astronics in its filing.

Tagged under the XBRL concept us-gaap:ResearchAndDevelopmentExpense.

The official record: Astronics’s 10-Q, filed May 13, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Astronics's R&D?: Astronics (ATRO) reported R&D of $12.09M in Q1 2026.
How has Astronics's R&D changed year-over-year?: Astronics's R&D increased by 9.2% year-over-year, from $11.07M to $12.09M.
What is the long-term trend for Astronics's R&D?: Over 2 years (2023 to 2025), Astronics's R&D has grown at a -10.1% compound annual growth rate (CAGR), from $53.74M to $43.48M.
What does R&D mean?: Costs of research activities to discover new knowledge and development activities to translate research into new or improved products, services, processes, or technologies.