What is CPI Aerostructures, Inc.'s earnings per share (EPS)?

CPI Aerostructures, Inc. (CVU) reported diluted earnings per share of -$0.07 for fiscal year 2025. This represents a -126.9% change compared to the previous fiscal year. EPS represents the portion of a company's net income allocated to each outstanding share of common stock and is widely used to evaluate profitability on a per-share basis.

CPI Aerostructures, Inc. (CVU) Financials

CVU

Trailing 12 months to June 30, 2026

Revenue $73.6M +2.6% YoY

Net Income $3.7M +501.8% YoY

EPS (Diluted) $0.28 +566.7% YoY

Free Cash Flow -$2.4M -255.1% YoY

Market Cap $68.2M as of Sep 11, 2026

Price / Sales 0.9x on $73.6M revenue, trailing 12 months to June 30, 2026

Price / Earnings 18.3x on $3.7M net income, trailing 12 months to June 30, 2026

Price / Book 2.4x on $28.1M equity, Q2 FY2026

A multiple compares the market's price with a filed figure; it says what the market pays, not how the business is doing. The market capitalization is the vendor's as of Sep 11, 2026; every other figure is from the SEC filings on this page. Not financial advice.

Source SEC Filings (10-K/10-Q) Latest period Q2 FY2026, ended Jun 30, 2026 Reported Aug 13, 2026 Currency USD FYE December

Newest figures come from the 10-Q for Q2 FY2026, filed Aug 13, 2026. Each column of the statement tables below links to the filing it was taken from, and every filing is listed on the CVU SEC filings page.

CPI Aerostructures, Inc. (CVU) reported $73.6M in revenue over the twelve months to Jun 30, 2026, up 2.6% from the prior twelve months. This page shows its income statement, balance sheet, cash flow statement, and key financial ratios. View 15 years of annual fundamentals and quarterly data, with year-over-year growth rates and compound annual growth rates (CAGR). All figures are derived from SEC filings (10-K and 10-Q reports).

Rhea AI CVU FY2025 2026-08-29

A low-debt manufacturer shifted from improving margins and cash conversion to working-capital cash absorption in FY2025.

In FY2025, revenue contracted while gross margin fell from 21.3% in FY2024 to 15.2%, showing weaker unit economics rather than volume pressure alone. Operating cash flow moved from $3.6M positive to -$5.2M while free cash flow also turned negative despite minimal capital expenditures, making the cash reversal primarily operational rather than expansion-driven.

Debt was essentially absent by FY2025, while the current ratio improved to 1.9x and equity remained $25.8M; the year's earnings break therefore was not caused by a worsening debt burden or current-liability squeeze.

Receivables rose to $5.8M as revenue fell, while inventory dropped below $1M; cash was absorbed more by receivables than by stock buildup. Financing cash flow turned positive at $673K after prior-year outflows, while reported liquidity equaled 2.1 months of annual operating outflow.

Financial Health Signals

Financial Health Score 48/100

Scored against operating companies for FY2025. Each of the six dimensions is a percentile rank within that peer group; the overall is their average, with missing dimensions counted as zero out of six. A high score means strong standing among peers, not absolute cross-industry strength. How this score is calculated →

Health score ≠ stock price. This rates the quality of CPI Aerostructures, Inc.'s business: profitability, growth, balance sheet strength. It doesn't tell you whether the stock is a good buy at today's price. Not financial advice. Use it alongside valuation analysis and your own research.

Profitability

CPI Aerostructures, Inc. has an operating margin of -0.3%, meaning the company loses less than $1 on every $100 of revenue. This results in a profitability score of 47/100. This is down from 8.3% the prior year.

Growth

CPI Aerostructures, Inc.'s revenue declined 14.6% year-over-year, from $81.1M to $69.3M. This contraction results in a growth score of 9/100.

Leverage

CPI Aerostructures, Inc. carries a low D/E ratio of 0.00, meaning only $0.00 of long-term debt for every $1 of shareholders' equity. This conservative leverage earns a score of 98/100, indicating a strong balance sheet with room for future borrowing.

Liquidity

CPI Aerostructures, Inc.'s current ratio of 1.89 indicates adequate short-term liquidity, earning a score of 56/100. The company can meet its near-term obligations, though with limited headroom.

Cash Flow

CPI Aerostructures, Inc.'s operations used $5.2M of cash, and capex of $65K added to the outflow, for a free cash flow shortfall of $5.3M. This results in a cash flow score of 22/100.

Returns

CPI Aerostructures, Inc. posts a -3.3% return on equity (ROE), meaning it loses $3 for every $100 of shareholders' equity. This results in a returns score of 56/100. This is down from 12.7% the prior year.

Altman Z-Score Distress

1.15

CPI Aerostructures, Inc. scores 1.15, below the 1.81 distress threshold. The score is driven primarily by a large market capitalization ($68.2M) relative to total liabilities ($49.4M). This indicates elevated financial distress risk and warrants close attention to liquidity and debt levels.

Distress-screening estimate for non-financial companies. Not computed for banks or insurers, where the Altman model does not apply.

Piotroski F-Score Weak

2/9

CPI Aerostructures, Inc. passes 2 of 9 financial strength tests. No profitability signals pass, 2 of 3 leverage/liquidity signals pass, neither operating efficiency signal passes.

Earnings Quality No Cash Backing

N/A

CPI Aerostructures, Inc. reported a net loss of $843K while operations used $5.2M of cash. With neither figure positive, the ratio between the two carries no quality signal.

Interest Coverage At Risk

N/A

CPI Aerostructures, Inc. reported an operating loss of $176K against $1.6M in interest expense. There is no operating profit to cover interest, so interest must be met from cash reserves or from financing rather than from operations.

Key Financial Metrics

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Earnings & Revenue

Revenue

$17.6M

YoY+15.8%

QoQ+1.3%

5Y CAGR-4.6%

10Y CAGR-2.3%

CPI Aerostructures, Inc. generated $17.6M in revenue in Q2 2026. This represents an increase of 15.8% from the same quarter a year earlier. Against the prior quarter it is up 1.3%.

EBITDA

$1.2M

YoY+164.3%

QoQ-34.6%

5Y CAGR+0.6%

CPI Aerostructures, Inc.'s EBITDA was $1.2M in Q2 2026, measuring earnings before interest, taxes, depreciation, and amortization. This represents an increase of 164.3% from the same quarter a year earlier. Against the prior quarter it is down 34.6%.

Net Income

$686K

YoY+151.7%

QoQ-44.6%

5Y CAGR+1.9%

10Y CAGR-9.2%

CPI Aerostructures, Inc. reported $686K in net income in Q2 2026. This represents an increase of 151.7% from the same quarter a year earlier. Against the prior quarter it is down 44.6%.

EPS (Diluted)

$0.05

YoY+150.0%

QoQ-44.4%

5Y CAGR0.0%

10Y CAGR-13.4%

CPI Aerostructures, Inc. earned $0.05 per diluted share (EPS) in Q2 2026. This represents an increase of 150.0% from the same quarter a year earlier. Against the prior quarter it is down 44.4%.

Cash & Balance Sheet

Free Cash Flow

-$8K

YoY+98.6%

QoQ+98.2%

CPI Aerostructures, Inc. recorded an outflow of $8K in free cash flow in Q2 2026, representing a cash shortfall after capex. This represents an increase of 98.6% from the same quarter a year earlier. Against the prior quarter it is up 98.2%.

Cash & Debt

$836K

YoY+23.9%

QoQ-16.6%

5Y CAGR-20.3%

10Y CAGR+0.3%

CPI Aerostructures, Inc. held $836K in cash as of Q2 2026; long-term debt is not reported for that period.

Shares Outstanding

13M

YoY+1.7%

QoQ+0.3%

5Y CAGR+1.6%

10Y CAGR+4.4%

CPI Aerostructures, Inc. had 13M shares outstanding in Q2 2026. This represents an increase of 1.7% from the same quarter a year earlier. Against the prior quarter it is up 0.3%.

Dividends Per Share

Not reported for Q2 2026.

Margins & Returns

Gross Margin

22.0%

YoY+17.6pp

QoQ-3.8pp

5Y change+5.9pp

10Y change-0.6pp

CPI Aerostructures, Inc.'s gross margin was 22.0% in Q2 2026, indicating the percentage of revenue retained after direct costs. This is up 17.6 percentage points from the same quarter a year earlier. Against the prior quarter it is down 3.8 percentage points.

Operating Margin

6.8%

YoY+19.9pp

QoQ-3.7pp

5Y change+2.7pp

CPI Aerostructures, Inc.'s operating margin was 6.8% in Q2 2026, reflecting core business profitability. This is up 19.9 percentage points from the same quarter a year earlier. Against the prior quarter it is down 3.7 percentage points.

Net Margin

3.9%

YoY+12.6pp

QoQ-3.2pp

5Y change+1.1pp

10Y change-4.1pp

CPI Aerostructures, Inc.'s net profit margin was 3.9% in Q2 2026, showing the share of revenue converted to profit. This is up 12.6 percentage points from the same quarter a year earlier. Against the prior quarter it is down 3.2 percentage points.

Return on Equity

2.4%

YoY+8.0pp

QoQ-2.1pp

CPI Aerostructures, Inc.'s ROE was 2.4% in Q2 2026, measuring profit generated per dollar of shareholder equity. This is up 8.0 percentage points from the same quarter a year earlier. Against the prior quarter it is down 2.1 percentage points.

Capital Allocation

Capital Expenditures

$7K

YoY+111.8%

QoQ-85.9%

CPI Aerostructures, Inc. invested $7K in capex in Q2 2026, funding long-term assets and infrastructure. This represents an increase of 111.8% from the same quarter a year earlier. Against the prior quarter it is down 85.9%.

R&D Spending

Not reported for Q2 2026.

Share Buybacks

Not reported for Q2 2026.

CVU Income Statement

Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.

CVU quarterly income statement

Metric	TTM	FY2510-K/A	FY2410-K/A	FY2310-K	FY2210-K	FY2110-K	FY2010-K	FY1910-K	FY1810-K	FY1710-K	FY1610-K	FY1510-K	FY1410-K	FY1310-K	FY1210-K	FY1110-K
Revenue	$73.6M	$69.3M-14.6%	$81.1M-6.2%	$86.5M+3.8%	$83.3M-19.4%	$103.4M+18.0%	$87.6M+0.1%	$87.5M+24.4%	$70.4M-13.4%	$81.3M-0.1%	$81.3M-18.8%	$100.2M+152.5%	$39.7M-52.2%	$83.0M-7.0%	$89.3M+20.4%	$74.1M
Cost of Revenue	$57.0M	$58.7M-8.0%	$63.8M-8.0%	$69.4M+3.5%	$67.0M-24.1%	$88.4M+13.5%	$77.8M-3.5%	$80.7M+22.0%	$66.2M+5.6%	$62.6M-18.7%	$77.0M-7.9%	$83.6M+20.4%	$69.4M+7.5%	$64.6M-0.7%	$65.0M+17.6%	$55.3M
Gross Profit	$16.6M	$10.6M-38.8%	$17.2M+1.0%	$17.1M+4.7%	$16.3M+8.7%	$15.0M+53.7%	$9.8M+42.9%	$6.8M+62.3%	$4.2M-77.4%	$18.6M+331.7%	$4.3M-74.0%	$16.6M+155.9%	-$29.7M-261.3%	$18.4M-23.9%	$24.2M+28.8%	$18.8M
SG&A Expenses	$10.6M	$10.7M+2.2%	$10.5M-2.3%	$10.8M-5.7%	$11.4M-3.5%	$11.8M-1.8%	$12.0M+4.2%	$11.6M+18.2%	$9.8M+15.7%	$8.4M-1.9%	$8.6M+12.8%	$7.6M+4.5%	$7.3M+9.0%	$6.7M-8.4%	$7.3M-7.7%	$7.9M
Operating Income	$6.0M	-$176K-102.6%	$6.7M+6.7%	$6.3M+28.9%	$4.9M+53.8%	$3.2M+239.1%	-$2.3M+51.7%	-$4.7M+15.1%	-$5.6M-154.6%	$10.2M+337.4%	-$4.3M-147.9%	$9.0M+124.2%	-$37.0M-415.7%	$11.7M-30.6%	$16.9M+55.4%	$10.9M
EBITDA	N/A	$244K-96.6%	$7.2M+5.7%	$6.8M+21.4%	$5.6M+32.6%	$4.2M+436.0%	-$1.3M+65.3%	-$3.6M+25.8%	-$4.9M-144.9%	$10.8M+397.6%	-$3.6M-137.0%	$9.8M+127.1%	-$36.3M-391.7%	$12.4M-29.1%	$17.5M+52.9%	$11.5M
Interest Expense	$1.4M	$1.6M-31.5%	$2.3M-6.8%	$2.5M+8.1%	$2.3M+99.0%	$1.1M-19.7%	$1.4M-32.4%	$2.1M+5.8%	$2.0M+17.1%	$1.7M+25.2%	$1.4M+47.8%	$918K+15.6%	$794K+21.5%	$654K+57.0%	$416K+21.2%	$343K
Income Tax	$924K	-$901K-178.8%	$1.1M+108.6%	-$13.3M-103.7%	-$6.6M-44956.8%	$15K+127.4%	-$53K-1477.7%	$4K-75.8%	$16K-99.4%	$2.7M+231.2%	-$2.1M-169.1%	$3.0M+124.0%	-$12.5M-465.0%	$3.4M-38.0%	$5.5M+76.6%	$3.1M
Net Income	$3.7M	-$843K-125.6%	$3.3M-80.8%	$17.2M+87.5%	$9.2M+34.5%	$6.8M+286.6%	-$3.7M+45.9%	-$6.8M+10.6%	-$7.5M-230.8%	$5.8M+259.8%	-$3.6M-171.9%	$5.0M+119.9%	-$25.2M-425.8%	$7.7M-29.7%	$11.0M+48.5%	$7.4M
EPS (Basic)	N/A	-$0.07-126.9%	$0.26-81.4%	$1.40+89.2%	$0.74+32.1%	$0.56+280.6%	-$0.31+45.6%	-$0.57+28.8%	-$0.80-223.1%	$0.65+54.8%	$0.42-28.8%	$0.59+119.8%	-$2.98-423.9%	$0.92-35.7%	$1.43+32.4%	$1.08
EPS (Diluted)	$0.28	-$0.07-126.9%	$0.26-81.2%	$1.38+86.5%	$0.74+32.1%	$0.56+280.6%	-$0.31+45.6%	-$0.57+28.8%	-$0.80-223.1%	$0.65+54.8%	$0.42-27.6%	$0.58+119.5%	-$2.98-427.5%	$0.91-35.0%	$1.40+34.6%	$1.04
Diluted Shares (Avg)	N/A	13M+0.6%	13M+1.9%	12M+0.7%	12M+1.6%	12M+2.6%	12M+0.6%	12M+24.5%	9M+7.3%	9M+2.1%	9M+0.9%	9M+1.3%	8M-0.1%	8M+7.7%	8M+10.3%	7M

Metric	Q2'2610-Q	Q1'2610-Q	Q4'2510-Q	Q3'2510-Q	Q2'2510-Q	Q1'2510-Q	Q4'2410-K/A	Q3'2410-Q
Revenue	$17.6M+15.8%	$17.4M+12.7%	$19.4M-10.8%	$19.3M-0.8%	$15.2M-27.1%	$15.4M-19.3%	$21.8M-7.4%	$19.4M-4.8%
Cost of Revenue	$13.7M-5.6%	$12.9M-6.3%	$15.5M-11.1%	$15.0M-1.6%	$14.5M-7.5%	$13.8M-11.4%	$17.4M-10.3%	$15.2M-8.9%
Gross Profit	$3.9M+483.6%	$4.5M+171.6%	$3.9M-9.5%	$4.3M+2.1%	$663K-87.0%	$1.6M-53.6%	$4.3M+6.3%	$4.2M+13.9%
SG&A Expenses	$2.7M+0.8%	$2.7M-6.5%	$2.7M+18.3%	$2.6M-7.0%	$2.7M-4.4%	$2.8M+4.5%	$2.3M-10.7%	$2.7M+8.2%
Operating Income	$1.2M+160.1%	$1.8M+254.2%	$1.2M-40.0%	$1.8M+18.8%	-$2.0M-185.1%	-$1.2M-241.3%	$2.1M+34.3%	$1.5M+26.2%
EBITDA	$1.2M+164.3%	$1.9M+271.9%	$1.4M-36.4%	$1.8M+16.0%	-$1.9M-177.9%	-$1.1M-215.8%	$2.2M+32.1%	$1.6M+22.6%
Interest Expense	$313K+8.8%	$292K-40.2%	$404K-18.4%	$388K-32.3%	$288K-51.1%	$488K-22.8%	$495K-22.5%	$573K-13.6%
Income Tax	$197K+120.8%	$331K+195.0%	$143K-76.6%	$253K+63.9%	-$948K-377.5%	-$349K-984.1%	$608K+104.4%	$155K-24.9%
Net Income	$686K+151.7%	$1.2M+193.4%	$692K-28.8%	$1.1M+48.6%	-$1.3M-194.0%	-$1.3M-886.9%	$971K-93.4%	$750K+148.8%
EPS (Basic)	$0.05+150.0%	$0.10+200.0%	$0.05-28.6%	$0.09+50.0%	-$0.10-190.9%	-$0.10-1100.0%	$0.07-94.2%	$0.06+200.0%
EPS (Diluted)	$0.05+150.0%	$0.09+190.0%	$0.05-37.5%	$0.09+50.0%	-$0.10-190.9%	-$0.10-1100.0%	$0.08-93.3%	$0.06+200.0%
Diluted Shares (Avg)	13M+2.3%	13M+2.5%	N/A	13M+0.8%	13M+1.6%	13M+0.3%	N/A	13M-0.6%

Not reported in any period shown, so not listed: R&D Expenses.

CVU Balance Sheet

CVU quarterly balance sheet

Metric	FY2510-K/A	FY2410-K/A	FY2310-K	FY2210-K	FY2110-K	FY2010-K	FY1910-K	FY1810-K	FY1710-K	FY1610-K	FY1510-K	FY1410-K	FY1310-K	FY1210-K	FY1110-K
Total Assets	$75.2M+10.7%	$68.0M-8.6%	$74.4M+25.1%	$59.4M+8.1%	$55.0M+18.3%	$46.5M+7.3%	$43.4M-8.6%	$47.4M-61.8%	$124.2M+5.4%	$117.8M+0.9%	$116.7M+12.9%	$103.4M-16.8%	$124.3M-0.5%	$124.9M+40.2%	$89.1M
Current Assets	$43.4M-0.4%	$43.6M-7.1%	$46.9M+8.6%	$43.2M-0.2%	$43.3M+14.8%	$37.7M+11.3%	$33.8M-23.4%	$44.2M-63.3%	$120.4M+8.2%	$111.3M-1.0%	$112.4M+17.0%	$96.0M-20.1%	$120.2M+0.7%	$119.4M+40.1%	$85.2M
Cash & Equivalents	$899K-83.6%	$5.5M+7.8%	$5.1M+32.4%	$3.8M-39.0%	$6.3M+4.6%	$6.0M+11.1%	$5.4M-11.3%	$6.1M+328.3%	$1.4M+37.6%	$1.0M+3.7%	$1.0M-33.4%	$1.5M-30.5%	$2.2M-20.1%	$2.7M+208.6%	$878K
Short-Term Investments	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0
Inventory	$801K-12.8%	$918K-36.1%	$1.4M-42.4%	$2.5M-38.1%	$4.0M-36.9%	$6.4M+30.2%	$4.9M-47.6%	$9.4M+455.5%	$1.7M	N/A	N/A	N/A	N/A	N/A	N/A
Accounts Receivable	$5.8M+55.1%	$3.7M-14.6%	$4.4M-10.4%	$4.9M-2.2%	$5.0M+0.1%	$5.0M-29.4%	$7.0M-19.4%	$8.7M+62.1%	$5.4M-36.8%	$8.5M+11.1%	$7.7M+18.5%	$6.5M+47.2%	$4.4M-35.2%	$6.8M+58.1%	$4.3M
Long-Term Investments	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0
Goodwill	$1.8M0.0%	$1.8M0.0%	$1.8M0.0%	$1.8M0.0%	$1.8M0.0%	$1.8M0.0%	$1.8M	$0	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Total Liabilities	$49.4M+17.6%	$42.0M-19.6%	$52.3M-5.4%	$55.3M-8.4%	$60.3M+1.4%	$59.5M+11.4%	$53.4M+3.9%	$51.4M-62.6%	$137.5M+173.9%	$50.2M+8.7%	$46.2M+19.7%	$38.6M+9.3%	$35.3M-20.2%	$44.3M+26.4%	$35.0M
Current Liabilities	$23.0M-13.0%	$26.5M-16.0%	$31.5M+4.0%	$30.3M-2.6%	$31.1M+3.6%	$30.0M+34.6%	$22.3M-2.8%	$22.9M-45.7%	$42.2M+3.8%	$40.7M-9.7%	$45.1M+22.8%	$36.7M+15.6%	$31.7M-19.9%	$39.6M+20.1%	$33.0M
Non-Current Liabilities	$26.4M+69.6%	$15.6M-25.0%	$20.8M-16.8%	$24.9M-14.7%	$29.2M-0.8%	$29.5M-5.2%	$31.1M+9.3%	$28.4M-70.1%	$95.2M+903.1%	$9.5M+749.4%	$1.1M-40.7%	$1.9M-47.4%	$3.6M-22.9%	$4.6M+131.4%	$2.0M
Long-Term Debt	$0-100.0%	$26K-62.7%	$71K-65.8%	$207K-86.5%	$1.5M-75.2%	$6.2M+251.6%	$1.8M-54.5%	$3.9M-44.8%	$7.0M-20.8%	$8.9M+1730.9%	$484K-62.5%	$1.3M-41.3%	$2.2M-31.5%	$3.2M+261.0%	$889K
Total Equity	$25.8M-0.5%	$25.9M+17.4%	$22.1M+426.1%	$4.2M+178.7%	-$5.3M+58.9%	-$13.0M-29.3%	-$10.0M-155.3%	-$3.9M+70.4%	-$13.3M-119.7%	$67.6M-4.1%	$70.5M+8.8%	$64.8M-27.1%	$89.0M+10.4%	$80.6M+49.2%	$54.0M
Retained Earnings	-$49.3M-1.7%	-$48.5M+6.4%	-$51.8M+24.9%	-$69.0M+11.7%	-$78.2M+8.0%	-$85.0M-4.5%	-$81.3M-9.0%	-$74.6M-463.0%	$20.5M+39.0%	$14.8M-19.6%	$18.4M+37.5%	$13.4M-65.3%	$38.6M+25.1%	$30.8M+55.5%	$19.8M

Metric	Q2'2610-Q	Q1'2610-Q	Q4'2510-Q	Q3'2510-Q	Q2'2510-Q	Q1'2510-Q	Q4'2410-K/A	Q3'2410-Q
Total Assets	$78.7M+8.9%	$77.3M+18.3%	$75.2M+10.7%	$74.1M+7.5%	$72.3M+2.9%	$65.4M-7.6%	$68.0M-8.6%	$68.9M+16.2%
Current Assets	$47.7M+21.2%	$46.0M+11.8%	$43.4M-0.4%	$41.8M-3.7%	$39.3M-10.8%	$41.1M-6.3%	$43.6M-7.1%	$43.4M-3.9%
Cash & Equivalents	$836K+23.9%	$1.0M-46.3%	$899K-83.6%	$547K-68.0%	$674K-65.2%	$1.9M-38.1%	$5.5M+7.8%	$1.7M-34.5%
Short-Term Investments	$0	$0	$0	$0	$0	$0	$0	$0
Inventory	$620K-39.5%	$726K-19.1%	$801K-12.8%	$594K-43.6%	$1.0M-9.5%	$898K-29.9%	$918K-36.1%	$1.1M-36.3%
Accounts Receivable	$9.8M+62.5%	$4.2M-25.1%	$5.8M+55.1%	$6.4M-2.7%	$6.1M-2.8%	$5.6M+11.7%	$3.7M-14.6%	$6.6M-27.9%
Long-Term Investments	$0	$0	$0	$0	$0	$0	$0	$0
Goodwill	$1.8M0.0%	$1.8M0.0%	$1.8M0.0%	$1.8M0.0%	$1.8M0.0%	$1.8M0.0%	$1.8M0.0%	$1.8M0.0%
Total Liabilities	$50.6M+4.4%	$50.0M+23.7%	$49.4M+17.6%	$49.1M+11.6%	$48.5M+5.2%	$40.4M-16.2%	$42.0M-19.6%	$43.9M-15.4%
Current Liabilities	$24.2M-7.9%	$23.2M-11.2%	$23.0M-13.0%	$26.0M-4.1%	$26.3M-5.7%	$26.2M-8.8%	$26.5M-16.0%	$27.1M-9.7%
Non-Current Liabilities	$26.4M+18.8%	$26.8M+87.7%	$26.4M+69.6%	$23.1M+36.9%	$22.2M+21.8%	$14.3M-26.9%	$15.6M-25.0%	$16.9M-23.3%
Long-Term Debt	N/A	N/A	$0-100.0%	N/A	N/A	N/A	$26K-62.7%	N/A
Total Equity	$28.1M+18.2%	$27.3M+9.4%	$25.8M-0.5%	$25.0M+0.2%	$23.8M-1.4%	$24.9M+10.6%	$25.9M+17.4%	$24.9M+241.7%
Retained Earnings	-$47.4M+7.3%	-$48.1M+3.4%	-$49.3M-1.7%	-$50.0M-1.1%	-$51.2M-1.8%	-$49.8M+3.5%	-$48.5M+6.4%	-$49.5M+25.7%

CVU Cash Flow Statement

CVU quarterly cash flow statement

Metric	TTM	FY2510-K/A	FY2410-K/A	FY2310-K	FY2210-K	FY2110-K	FY2010-K	FY1910-K	FY1810-K	FY1710-K	FY1610-K	FY1510-K	FY1410-K	FY1310-K	FY1210-K	FY1110-K
Operating Cash Flow	-$2.3M	-$5.2M-246.1%	$3.6M-9.4%	$3.9M+316.0%	$944K-66.3%	$2.8M+274.7%	-$1.6M-324.0%	-$378K+85.9%	-$2.7M-270.8%	$1.6M+123.8%	-$6.6M-420.8%	$2.1M+161.1%	-$3.4M-203.1%	$3.3M+114.8%	-$22.1M-61.1%	-$13.7M
Depreciation & Amortization	N/A	$420K-2.2%	$430K-8.7%	$471K-31.6%	$688K-33.1%	$1.0M-0.4%	$1.0M-8.1%	$1.1M+58.3%	$710K+15.2%	$616K-6.9%	$662K-22.5%	$854K+11.8%	$764K+8.4%	$704K+12.9%	$624K+5.5%	$591K
Stock-Based Compensation	N/A	$807K+33.4%	$605K-21.5%	$771K+116.5%	$356K-57.0%	$828K+16.4%	$711K-2.6%	$731K+8.8%	$672K-25.0%	$895K+70.7%	$524K0.0%	$524K+12.1%	$468K+23.2%	$380K-0.7%	$383K-61.2%	$986K
Capital Expenditures	$63K	$65K-83.9%	$404K+187.5%	$140K+244.3%	$41K+39.7%	$29K-80.1%	$147K-66.3%	$436K-22.0%	$559K+98.3%	$282K+106.8%	$136K-35.0%	$210K-65.2%	$603K-5.4%	$637K-22.8%	$825K-48.0%	$1.6M
Free Cash Flow	-$2.4M	-$5.3M-266.9%	$3.2M-16.7%	$3.8M+319.2%	$904K-67.4%	$2.8M+258.3%	-$1.7M-114.9%	-$814K+74.9%	-$3.2M-351.4%	$1.3M+119.2%	-$6.7M-464.5%	$1.8M+146.5%	-$4.0M-250.9%	$2.6M+111.5%	-$22.9M-49.8%	-$15.3M
Investing Cash Flow	-$63K	-$65K+83.9%	-$404K-187.5%	-$140K-244.3%	-$41K-39.7%	-$29K+80.1%	-$147K+66.3%	-$436K+93.3%	-$6.5M-2619.3%	-$239K-75.6%	-$136K+35.0%	-$210K+65.2%	-$603K+5.4%	-$637K+22.8%	-$825K+48.0%	-$1.6M
Financing Cash Flow	$2.5M	$673K+124.4%	-$2.8M-8.6%	-$2.5M+24.5%	-$3.4M-34.9%	-$2.5M-206.2%	$2.3M+1880.7%	$119K-99.1%	$13.9M+1575.3%	-$942K-113.9%	$6.8M+388.2%	-$2.4M-171.0%	$3.3M+204.3%	-$3.2M-112.8%	$24.7M+61.2%	$15.3M

Metric	Q2'2610-Q	Q1'2610-Q	Q4'2510-Q	Q3'2510-Q	Q2'2510-Q	Q1'2510-Q	Q4'2410-K/A	Q3'2410-Q
Operating Cash Flow	-$1K+99.8%	-$425K+84.4%	-$2.1M-147.6%	$212K-70.3%	-$596K-0.8%	-$2.7M-183.3%	$4.4M+42.3%	$715K+2142.8%
Depreciation & Amortization	$26K-70.2%	$40K-59.8%	$154K+23.6%	$79K-23.3%	$89K-13.9%	$99K-0.8%	$125K+4.0%	$103K-12.8%
Stock-Based Compensation	N/A	$235K-26.5%	N/A	$102K+40.6%	$169K-4.0%	$320K+13.7%	N/A	$73K-48.3%
Capital Expenditures	$7K+111.8%	$53K-10.7%	$1K-98.5%	$963-99.2%	$4K-97.7%	$59K+27.0%	$74K+54.9%	$128K+280.7%
Free Cash Flow	-$8K+98.6%	-$478K+82.8%	-$2.1M-148.5%	$211K-64.0%	-$600K+19.7%	-$2.8M-176.1%	$4.3M+42.2%	$587K+954.3%
Investing Cash Flow	-$7K-111.8%	-$53K+10.7%	-$1K+98.5%	-$963+99.2%	-$4K+97.7%	-$59K-27.0%	-$74K-54.9%	-$128K-280.7%
Financing Cash Flow	-$158K+73.4%	$581K+169.1%	$2.4M+552.9%	-$339K+58.4%	-$594K-77.7%	-$841K+21.3%	-$540K+2.7%	-$815K-102.5%

Not reported in any period shown, so not listed: Dividends Paid, Share Buybacks.

CVU Financial Ratios

Margins and returns are percentages; the remaining ratios are unitless multiples. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.

CVU quarterly financial ratios

Metric	FY2510-K/A	FY2410-K/A	FY2310-K	FY2210-K	FY2110-K	FY2010-K	FY1910-K	FY1810-K	FY1710-K	FY1610-K	FY1510-K	FY1410-K	FY1310-K	FY1210-K	FY1110-K
Gross Margin	15.2%-6.0pp	21.3%+1.5pp	19.7%+0.2pp	19.6%+5.0pp	14.5%+3.4pp	11.1%+3.3pp	7.8%+1.8pp	6.0%-17.0pp	22.9%+17.6pp	5.3%-11.3pp	16.6%+91.5pp	-74.9%-97.1pp	22.2%-4.9pp	27.1%+1.8pp	25.4%
Operating Margin	-0.3%-8.6pp	8.3%+1.0pp	7.3%+1.4pp	5.9%+2.8pp	3.1%+5.7pp	-2.6%+2.8pp	-5.4%+2.5pp	-7.9%-20.5pp	12.5%+17.8pp	-5.3%-14.2pp	8.9%+102.3pp	-93.3%-107.4pp	14.1%-4.8pp	18.9%+4.3pp	14.7%
Net Margin	-1.2%-5.3pp	4.1%-15.8pp	19.9%+8.9pp	11.0%+4.4pp	6.6%+10.8pp	-4.2%+3.5pp	-7.7%+3.0pp	-10.7%-17.8pp	7.1%+11.5pp	-4.4%-9.4pp	5.0%+68.5pp	-63.5%-72.8pp	9.3%-3.0pp	12.3%+2.3pp	10.0%
Return on Equity	-3.3%-16.0pp	12.7%-65.2pp	77.9%-140.7pp	218.6%	N/A	N/A	N/A	N/A	N/A	-5.3%-12.4pp	7.1%+46.0pp	-38.9%-47.6pp	8.7%-5.0pp	13.7%-0.1pp	13.7%
Return on Assets	-1.1%-6.0pp	4.9%-18.3pp	23.1%+7.7pp	15.4%+3.0pp	12.4%+20.3pp	-7.9%+7.7pp	-15.6%+0.3pp	-15.9%-20.5pp	4.6%+7.7pp	-3.1%-7.4pp	4.3%+28.7pp	-24.4%-30.6pp	6.2%-2.6pp	8.8%+0.5pp	8.3%
Current Ratio	1.89+0.2x	1.65+0.2x	1.49+0.1x	1.430.0x	1.39+0.1x	1.26-0.3x	1.52-0.4x	1.93-0.9x	2.85+0.1x	2.73+0.2x	2.49-0.1x	2.62-1.2x	3.79+0.8x	3.01+0.4x	2.58
Debt-to-Equity	0.000.0x	0.000.0x	0.000.0x	0.05	N/A	N/A	N/A	N/A	N/A	0.13+0.1x	0.010.0x	0.020.0x	0.020.0x	0.040.0x	0.02
Asset Turnover	0.92-0.3x	1.190.0x	1.16-0.2x	1.40-0.5x	1.880.0x	1.88-0.1x	2.02+0.5x	1.48+0.8x	0.650.0x	0.69-0.2x	0.86+0.5x	0.38-0.3x	0.670.0x	0.71-0.1x	0.83
FCF Margin	-7.6%-11.5pp	3.9%-0.5pp	4.4%+3.3pp	1.1%-1.6pp	2.7%+4.7pp	-2.0%-1.1pp	-0.9%+3.7pp	-4.6%-6.2pp	1.6%+9.9pp	-8.3%-10.1pp	1.8%+11.8pp	-10.0%-13.2pp	3.2%+28.8pp	-25.7%-5.0pp	-20.6%

Metric	Q2'2610-Q	Q1'2610-Q	Q4'2510-Q	Q3'2510-Q	Q2'2510-Q	Q1'2510-Q	Q4'2410-K/A	Q3'2410-Q
Gross Margin	22.0%+17.6pp	25.8%+15.1pp	20.3%+0.3pp	22.4%+0.6pp	4.4%-20.2pp	10.7%-7.9pp	20.0%+2.6pp	21.7%+3.6pp
Operating Margin	6.8%+19.9pp	10.5%+18.2pp	6.4%-3.1pp	9.1%+1.5pp	-13.1%-24.3pp	-7.7%-12.1pp	9.5%+3.0pp	7.6%+1.9pp
Net Margin	3.9%+12.6pp	7.1%+15.7pp	3.6%-0.9pp	5.8%+1.9pp	-8.7%-15.5pp	-8.6%-9.5pp	4.5%-58.3pp	3.9%+2.4pp
Return on Equity	2.4%+8.0pp	4.5%+9.8pp	2.7%-1.1pp	4.5%+1.5pp	-5.6%-11.4pp	-5.3%-6.1pp	3.8%-63.1pp	3.0%-1.1pp
Return on Assets	0.9%+2.7pp	1.6%+3.6pp	0.9%-0.5pp	1.5%+0.4pp	-1.8%-3.8pp	-2.0%-2.3pp	1.4%-18.4pp	1.1%+0.6pp
Current Ratio	1.97+0.5x	1.98+0.4x	1.89+0.2x	1.610.0x	1.50-0.1x	1.570.0x	1.65+0.2x	1.60+0.1x
Debt-to-Equity	1.80-0.2x	1.83+0.2x	0.000.0x	1.96+0.2x	2.04+0.1x	1.62-0.5x	0.000.0x	1.76-5.4x
Asset Turnover	0.220.0x	0.220.0x	0.26-0.1x	0.260.0x	0.21-0.1x	0.240.0x	0.320.0x	0.28-0.1x
FCF Margin	-0.1%+3.9pp	-2.8%+15.3pp	-10.8%-30.6pp	1.1%-1.9pp	-4.0%-0.4pp	-18.1%-12.8pp	19.9%+6.9pp	3.0%+3.4pp

Similar Companies

Newest fiscal year on record for each company. The health score is the peer-relative Financial Health Score for that year; a dash means no score is published for it.

Company	Fiscal year	Revenue	Net income	Net margin	Market cap	Health score
CPI Aerostructures, Inc. CVU	FY2025	$69.3M	-$843K	-1.2%	$68.2M	48/100
Sidus Space, Inc. SIDU	FY2025	$3.4M	-$29.5M	N/A	$202.5M	30/100
SIFCO Industries, Inc. SIF	FY2025	$84.8M	-$729K	-0.9%	$130.8M	51/100
ParaZero Technologies Ltd. PRZO	FY2025	$1.0M	-$5.4M	N/A	$23.2M	46/100
XTI Aerospace, Inc. XTIA	FY2025	$22.5M	-$68.8M	N/A	$40.0M	32/100
Air Industries Group AIRI	FY2025	$47.9M	-$1.3M	-2.7%	$12.7M	26/100

Where CPI Aerostructures, Inc. Ranks

Frequently Asked Questions

What is CPI Aerostructures, Inc.'s annual revenue?

CPI Aerostructures, Inc. (CVU) reported $69.3M in total revenue for fiscal year 2025. This represents a -14.6% change compared to the previous fiscal year. Revenue measures the total income earned from the company's primary business operations before any expenses are deducted.

How fast is CPI Aerostructures, Inc.'s revenue growing?

CPI Aerostructures, Inc. (CVU) revenue declined by 14.6% year-over-year, from $81.1M to $69.3M in fiscal year 2025.

Is CPI Aerostructures, Inc. profitable?

No, CPI Aerostructures, Inc. (CVU) reported a net income of -$843K in fiscal year 2025, with a net profit margin of -1.2%.

What is CPI Aerostructures, Inc.'s EBITDA?

CPI Aerostructures, Inc. (CVU) had EBITDA of $244K in fiscal year 2025, measuring earnings before interest, taxes, depreciation, and amortization.

How much debt does CPI Aerostructures, Inc. have?

As of fiscal year 2025, CPI Aerostructures, Inc. (CVU) had $899K in cash and equivalents against $0 in long-term debt.

What is CPI Aerostructures, Inc.'s gross margin?

CPI Aerostructures, Inc. (CVU) had a gross margin of 15.2% in fiscal year 2025, indicating the percentage of revenue retained after direct costs of goods sold.

What is CPI Aerostructures, Inc.'s operating margin?

CPI Aerostructures, Inc. (CVU) had an operating margin of -0.3% in fiscal year 2025, reflecting the profitability of core business operations before interest and taxes.

What is CPI Aerostructures, Inc.'s net profit margin?

CPI Aerostructures, Inc. (CVU) had a net profit margin of -1.2% in fiscal year 2025, representing the share of revenue converted into profit after all expenses.

What is CPI Aerostructures, Inc.'s return on equity (ROE)?

CPI Aerostructures, Inc. (CVU) has a return on equity of -3.3% for fiscal year 2025, measuring how efficiently the company generates profit from shareholder equity.

What is CPI Aerostructures, Inc.'s free cash flow?

CPI Aerostructures, Inc. (CVU) recorded an outflow of $5.3M in free cash flow during fiscal year 2025. This represents a -266.9% change compared to the previous fiscal year. Free cash flow represents the cash a company generates after accounting for capital expenditures, and is widely used to assess financial flexibility and shareholder value.

What is CPI Aerostructures, Inc.'s operating cash flow?

CPI Aerostructures, Inc. (CVU) recorded an outflow of $5.2M in operating cash flow during fiscal year 2025, representing cash used by core business activities.

What are CPI Aerostructures, Inc.'s total assets?

CPI Aerostructures, Inc. (CVU) had $75.2M in total assets as of fiscal year 2025, including both current and long-term assets.

What are CPI Aerostructures, Inc.'s capital expenditures?

CPI Aerostructures, Inc. (CVU) invested $65K in capital expenditures during fiscal year 2025, funding long-term assets and infrastructure.

How many shares does CPI Aerostructures, Inc. have outstanding?

CPI Aerostructures, Inc. (CVU) had 13M shares outstanding as of fiscal year 2025.

What is CPI Aerostructures, Inc.'s current ratio?

CPI Aerostructures, Inc. (CVU) had a current ratio of 1.89 as of fiscal year 2025, which is generally considered healthy.

What is CPI Aerostructures, Inc.'s debt-to-equity ratio?

CPI Aerostructures, Inc. (CVU) had a debt-to-equity ratio of 0.00 as of fiscal year 2025, measuring the company's financial leverage by comparing total debt to shareholder equity.

What is CPI Aerostructures, Inc.'s return on assets (ROA)?

CPI Aerostructures, Inc. (CVU) had a return on assets of -1.1% for fiscal year 2025, measuring how efficiently the company uses its assets to generate profit.

What is CPI Aerostructures, Inc.'s P/E ratio?

CPI Aerostructures, Inc. (CVU) trades at 18.3x earnings, its market capitalization divided by net income of $3.7M net income, trailing 12 months to June 30, 2026. The market capitalization is $68.2M as of Sep 11, 2026; a multiple compares that price with a filed figure and says nothing about the quality of the business.

What is CPI Aerostructures, Inc.'s price-to-sales ratio?

CPI Aerostructures, Inc. (CVU) trades at 0.9x sales, its market capitalization divided by revenue of $73.6M revenue, trailing 12 months to June 30, 2026. The market capitalization is $68.2M as of Sep 11, 2026; a multiple compares that price with a filed figure and says nothing about the quality of the business.

How does CPI Aerostructures, Inc.'s liquidity compare with its operating cash outflow?

At the end of fiscal year 2025, CPI Aerostructures, Inc. (CVU) held $899K in cash, cash equivalents and investments, and reported an operating cash outflow of $5.2M over that year. Dividing the one by the other, the reported balance equals about 2 months of the outflow reported that year. This is arithmetic over figures already filed, not a projection: it assumes nothing about future spending, financing or operations.

What is CPI Aerostructures, Inc.'s Altman Z-Score?

CPI Aerostructures, Inc. (CVU) has an Altman Z-Score of 1.15, placing it in the Distress Zone (elevated bankruptcy risk). The Z-Score combines five financial ratios (working capital, retained earnings, EBIT, market capitalization, and revenue relative to total assets) to predict the likelihood of bankruptcy. Scores above 2.99 indicate financial safety while scores below 1.81 suggest financial distress. Learn more in our complete guide to financial health indicators.

What is CPI Aerostructures, Inc.'s Piotroski F-Score?

CPI Aerostructures, Inc. (CVU) has a Piotroski F-Score of 2 out of 9, indicating weak financial health. The F-Score evaluates nine binary signals across profitability (positive ROA, positive cash flow, improving ROA, earnings quality), leverage (decreasing debt, improving liquidity, no share dilution), and operating efficiency (improving gross margin, improving asset turnover). Scores of 7 to 9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.

Are CPI Aerostructures, Inc.'s earnings high quality?

CPI Aerostructures, Inc. (CVU) reported a net loss of $843K while operations used $5.2M of cash. With neither figure positive, the ratio between the two carries no quality signal. This ratio compares operating cash flow to net income. A ratio above 1.0x means the company generates more cash than its reported earnings, indicating sustainable, cash-backed profits. Ratios below 1.0x suggest earnings rely on accounting accruals rather than actual cash generation. Learn more in our complete guide to financial health indicators.

Can CPI Aerostructures, Inc. cover its interest payments?

CPI Aerostructures, Inc. (CVU) reported an operating loss of $176K against $1.6M in interest expense. There is no operating profit to cover interest, so interest must be met from cash reserves or from financing rather than from operations. This ratio divides operating income by interest expense. Ratios above 5x indicate strong debt-servicing ability, while ratios below 2x suggest the company may face difficulty meeting interest payments if earnings decline. Learn more in our complete guide to financial health indicators.

How financially healthy is CPI Aerostructures, Inc.?

CPI Aerostructures, Inc. (CVU) scores 48 out of 100 on our Financial Health Score, indicating moderate standing within its operating companies peer group. The score is a 0-100 composite of six dimensions (Profitability, Growth, Leverage, Liquidity, Cash Flow, Returns), each ranked as a percentile relative to companies in the same scoring family (banks against banks, REITs against REITs, and so on) rather than across all industries. It rates the quality of the business, not whether the stock is fairly priced, and is not financial advice. Learn more in our complete guide to financial health indicators.