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Park Aerospace Corp. Reports Second Quarter Results

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Park Aerospace (NYSE: PKE) reported results for the 2026 fiscal second quarter ended August 31, 2025. Net sales were $16.381M vs $16.709M a year earlier and $15.400M last quarter; six‑month sales were $31.781M vs $30.679M prior year. Net earnings for the quarter were $2.404M ($0.12 basic and diluted) vs $2.066M a year earlier; six‑month net earnings were $4.484M vs $3.059M prior year. Adjusted EBITDA for the quarter was $3.401M and $6.364M for six months. Gross margin improved to 31.2% from 28.5% year‑over‑year. The company hosted a conference call and made presentation materials and a replay available online.

Park Aerospace (NYSE: PKE) ha riferito i risultati per il secondo trimestre fiscale 2026 terminato il 31 agosto 2025. Vendite nette sono state di 16,381 M$ contro 16,709 M$ un anno fa e 15,400 M$ nel trimestre precedente; le vendite sei mesi sono state di 31,781 M$ contro 30,679 M$ nell'anno precedente. Utile netto per il trimestre di 2,404 M$ (0,12 $ base e diluito) contro 2,066 M$ un anno fa; l’utile netto sei mesi è stato di 4,484 M$ contro 3,059 M$ nell’anno precedente. EBITDA rettificato per il trimestre è stato di 3,401 M$ e 6,364 M$ per sei mesi. Il margine lordo è migliorato al 31,2% rispetto al 28,5% anno su anno. L’azienda ha ospitato una conference call e ha reso disponibili online i materiali di presentazione e una replica.

Park Aerospace (NYSE: PKE) informó resultados para el segundo trimestre fiscal de 2026 terminado el 31 de agosto de 2025. Las ventas netas fueron de $16.381 M frente a $16.709 M hace un año y $15.400 M en el trimestre anterior; las ventas de los primeros seis meses fueron de $31.781 M frente a $30.679 M en el año anterior. Utilidad neta para el trimestre fue de $2.404 M ($0,12 básico y diluido) frente a $2.066 M hace un año; la utilidad neta de los seis meses fue de $4.484 M frente a $3.059 M en el año anterior. EBITDA ajustado para el trimestre fue de $3.401 M y $6.364 M para seis meses. El margen bruto mejoró al 31,2% frente al 28,5% año tras año. La compañía organizó una llamada de conferencia y puso a disposición en línea los materiales de presentación y una repetición (replay).

Park Aerospace (NYSE: PKE) 는 2026 회계연도 2분기 2025년 8월 31일 종료의 실적을 발표했습니다. 순매출은 16.381백만 달러로 전년 동기 16.709백만 달러 및 직전 분기 15.400백만 달러 대비했습니다. 순이익은 이번 분기 2.404백만 달러(주당 기본 0.12 및 희석)로 전년 동기 2.066백만 달러 대비 증가했습니다; 6개월 순이익은 4.484백만 달러로 전년 동기 3.059백만 달러 대비 증가했습니다. 조정 EBITDA는 이번 분기에 3.401백만 달러, 6개월은 6.364백만 달러였습니다. 총이익률은 전년동기 28.5%에서 31.2%로 개선되었습니다. 회사는 컨퍼런스 콜을 주최하고 발표 자료와 재생(replay)을 온라인으로 제공했습니다.

Park Aerospace (NYSE: PKE) a rendu compte des résultats pour le deuxième trimestre fiscal 2026 terminé le 31 août 2025. Les ventes nettes s'élèvent à 16,381 M$ contre 16,709 M$ il y a un an et 15,400 M$ au trimestre précédent; les ventes sur six mois s'élèvent à 31,781 M$ contre 30,679 M$ l'année dernière. Le résultat net du trimestre était de 2,404 M$ (0,12 $ de base et dilué) contre 2,066 M$ l'année précédente; le résultat net sur six mois était de 4,484 M$ contre 3,059 M$ l'année précédente. L'EBITDA ajusté pour le trimestre était de 3,401 M$ et de 6,364 M$ sur six mois. La marge brute s'est améliorée à 31,2% contre 28,5% d'une année sur l'autre. La société a organisé une conférence téléphonique et a rendu disponibles en ligne les supports de présentation et une rediffusion.

Park Aerospace (NYSE: PKE) meldete Ergebnisse für das zweite Quartal des Geschäftsjahres 2026 zum 31. August 2025. Nettoerlöse betrugen 16,381 Mio. $ im Vergleich zu 16,709 Mio. $ vor einem Jahr und 15,400 Mio. $ im letzten Quartal; die Verkäufe in sechs Monaten betrugen 31,781 Mio. $, gegenüber 30,679 Mio. $ im Vorjahr. Nettoergebnis für das Quartal betrug 2,404 Mio. $ (0,12 $ Basis- und diluted) gegenüber 2,066 Mio. $ im Vorjahr; das Nettoergebnis in sechs Monaten betrug 4,484 Mio. $ gegenüber 3,059 Mio. $ im Vorjahr. Bereinigtes EBITDA für das Quartal betrug 3,401 Mio. $, und 6-Monats-EBDITA 6,364 Mio. $. Die Bruttomarge verbesserte sich auf 31,2% gegenüber 28,5% im Vorjahr. Das Unternehmen veranstaltete einen Conference Call und stellte Präsentationsmaterialien sowie eine Aufzeichnung online zur Verfügung.

Park Aerospace (NYSE: PKE) أصدرت نتائج الربع الثاني من السنة المالية 2026 المنتهي في 31 أغسطس 2025. المبيعات الصافية كانت 16.381 مليون دولار مقابل 16.709 مليون دولار قبل عام و15.400 مليون دولار في الربع السابق؛ مبيعات النصف السنة كانت 31.781 مليون دولار مقابل 30.679 مليون دولار في السنة السابقة. صافي الأرباح للربع كان 2.404 مليون دولار (0.12 دولار أساسي ومخفف) مقابل 2.066 مليون دولار قبل عام؛ صافي الأرباح للنصف الأول كان 4.484 مليون دولار مقابل 3.059 مليون دولار في السنة السابقة. هامش EBITDA المعدلة للربع كان 3.401 مليون دولار و6.364 مليون دولار للنصفين. تحسن هامش الإجمالي إلى 31.2% من 28.5% على أساس سنوي. استضافت الشركة مكالمة هاتفية وتوفر المواد التقديمية وإعادة تشغيلها على الإنترنت.

Park Aerospace(NYSE: PKE) 公布了截至2025年8月31日的2026财年第二季度业绩。净销售额为1,638.1万美元,相较于上一年同期的1,670.9万美元以及上一季度的1,540.0万美元;六个月销售额为3,178.1万美元,相较于上年同期的3,067.9万美元。本季度净利润为240.4万美元(基本每股0.12美元,摊薄同为0.12美元),相比上一年的206.6万美元;六个月净利润为448.4万美元,相比上一年的305.9万美元。调整后的EBITDA为340.1万美元,六个月为636.4万美元。毛利率提升至31.2%,高于上年同期的28.5%。公司举行了电话会议,并在网上提供了演示材料及回放。

Positive
  • Six‑month net earnings +46.7% to $4.484M
  • Quarter gross margin improved by 270 basis points to 31.2%
  • Conference call and investor presentation available via webcast
Negative
  • Quarter net sales declined 1.96% year‑over‑year to $16.381M
  • Cash and marketable securities decreased ~10.6% to $61.553M since March 2, 2025
  • Income taxes payable fell sharply from $5.390M to $0.125M (timing variability)

Insights

Quarter shows modest revenue softness but clear profit and margin improvement, driven by higher earnings and Adjusted EBITDA.

Sales for the 13 weeks ended August 31, 2025 were $16,381,000, slightly below prior-year $16,709,000 but above the prior quarter $15,400,000; six‑month sales rose to $31,781,000 from $30,679,000. Net earnings increased to $2,404,000 for the quarter from $2,066,000 a year earlier, and basic/diluted EPS rose to $0.12 from $0.10, supported by gross margin expansion to 31.2% and Adjusted EBITDA growth to $3,401,000.

Key dependencies and risks are clear in the numbers: cash and marketable securities declined from $68,834,000 to $61,553,000, current liabilities fell materially due to reduced income taxes payable, and there were no special items this quarter versus storm‑damage charges in the prior year. Monitorable items include the company conference call on Oct 9, 2025, next quarter sales trend, gross margin sustainability, and cash balance evolution over the next quarter as indicators of operational strength.

NEWTON, Kan., Oct. 09, 2025 (GLOBE NEWSWIRE) -- Park Aerospace Corp. (NYSE-PKE) reported results for the 2026 fiscal year second quarter ended August 31, 2025. The Company will conduct a conference call to discuss its financial results and other matters at 5:00 p.m. EDT today. A live audio webcast of the event, along with presentation materials, will be available at https://edge.media-server.com/mmc/p/qarc64p9 at 5:00 p.m. EDT today. The presentation materials will also be available at approximately 4:15 p.m. EDT today at https://parkaerospace.com/shareholders/investor-conference-calls/ and on the Company’s website at www.parkaerospace.com under “Investor Conference Calls” on the “Shareholders” page.

Park reported net sales of $16,381,000 for the 2026 fiscal year second quarter ended August 31, 2025 compared to $16,709,000 for the 2025 fiscal year second quarter ended September 1, 2024 and $15,400,000 for the 2026 fiscal year first quarter ended June 1, 2025. Park’s net sales for the six months ended August 31, 2025 were $31,781,000 compared to $30,679,000 for the six months ended September 1, 2024. Net earnings for the 2026 fiscal year second quarter were $2,404,000 compared to $2,066,000 for the 2025 fiscal year second quarter and $2,080,000 for the 2026 fiscal year first quarter. Net earnings were $4,484,000 for the current year’s first six months compared to $3,059,000 for last year’s first six months.

Net earnings before special items for the 2026 fiscal year second quarter were $2,404,000 compared to $2,092,000 for the 2025 fiscal year second quarter and $2,080,000 for the 2026 fiscal year first quarter. Net earnings before special items for the six months ended August 31, 2025 were $4,484,000 compared to $3,873,000 for last fiscal year’s first six months.

Adjusted EBITDA for the 2026 fiscal year second quarter was $3,401,000 compared to $3,206,000 for the 2025 fiscal year second quarter and $2,963,000 for the 2026 fiscal year first quarter. Adjusted EBITDA for the current fiscal year’s first six months was $6,364,000 compared to $5,816,000 for last fiscal year’s first six months.

During the 2026 fiscal year second quarter and first six months, the Company did not report any special items. During the 2025 fiscal year second quarter and first six months, respectively, the Company recorded $46,000 and $1,098,000 of pre-tax charges related to storm damage to the Company’s facilities in Newton, Kansas.

Park reported basic and diluted earnings per share of $0.12 for the 2026 fiscal year second quarter compared to $0.10 for the 2025 fiscal year second quarter and $0.10 for the 2026 fiscal year first quarter. Basic and diluted earnings per share before special items were $0.12 for the 2026 fiscal year second quarter compared to $0.10 for the 2025 fiscal year second quarter and $0.10 for the 2026 fiscal year first quarter.

Park reported basic and diluted earnings per share of $0.23 and $0.22, respectively, for the 2026 fiscal year’s first six months compared to $0.15 and $0.15, respectively, for the 2025 fiscal year’s first six months. Basic and diluted earnings per share before special items were $0.23 and $0.22, respectively, for the 2026 fiscal year’s first six months compared to $0.19 and $0.19, respectively, for the 2025 fiscal year’s first six months.

The Company will conduct a conference call to discuss its financial results at 5:00 p.m. EDT today. Forward-looking and other material information may be discussed in this conference call. The conference call dial-in number is (877) 407-3982 in the United States and Canada, and (201) 493-6780 in other countries. The required passcode for attendance by phone is 13756197.

For those unable to listen to the call live, a conference call replay will be available from approximately 8:00 p.m. EDT today through 11:59 p.m. EDT on Thursday, October 16, 2025. The conference call replay will be available at https://edge.media-server.com/mmc/p/qarc64p9 and on the Company’s website at www.parkaerospace.com under “Investor Conference Calls” on the “Shareholders” page. It can also be accessed by dialing (844) 512-2921 in the United States and Canada, and (412) 317-6671 in other countries. The required passcode for accessing the replay by phone is 13756197.

Any additional material financial or statistical data disclosed in the conference call, including the investor presentation, will also be available at the time of the conference call on the Company's website at https://parkaerospace.com/shareholders/investor-conference-calls/.

Park believes that an evaluation of its ongoing operations would be difficult if the disclosure of its operating results were limited to accounting principles generally accepted in the United States of America (“GAAP”) financial measures, which include a special item, a charge related to storm damage. Accordingly, in addition to disclosing its operating results determined in accordance with GAAP, Park discloses non-GAAP measures, including Adjusted EBITDA, and operating results that exclude special items in order to assist its shareholders and other readers in assessing the Company’s operating performance, since the Company’s on-going, normal business operations do not include such special items. The detailed operating information presented below includes a reconciliation of the non-GAAP operating results before special items to earnings determined in accordance with GAAP and a reconciliation of GAAP pre-tax earnings to Adjusted EBITDA. Such non-GAAP financial measures are provided to supplement the results provided in accordance with GAAP.

Park Aerospace Corp. develops and manufactures solution and hot-melt advanced composite materials used to produce composite structures for the global aerospace markets. Park’s advanced composite materials include film adhesives (Aeroadhere®) and lightning strike protection materials (Electroglide®). Park offers an array of composite materials specifically designed for hand lay-up or automated fiber placement (AFP) manufacturing applications. Park’s advanced composite materials are used to produce primary and secondary structures for jet engines, large and regional transport aircraft, military aircraft, Unmanned Aerial Vehicles (UAVs commonly referred to as “drones”), business jets, general aviation aircraft and rotary wing aircraft. Park also offers specialty ablative materials for rocket motors and nozzles and specially designed materials for radome applications. As a complement to Park’s advanced composite materials offering, Park designs and fabricates composite parts, structures and assemblies and low volume tooling for the aerospace industry. Target markets for Park’s composite parts and structures (which include Park’s proprietary composite SigmaStrut™ and AlphaStrut™ product lines) are, among others, prototype and development aircraft, special mission aircraft, spares for legacy military and civilian aircraft and exotic spacecraft. Park’s objective is to do what others are either unwilling or unable to do. When nobody else wants to do it because it is too difficult, too small or too annoying, sign us up.

Additional corporate information is available on the Company’s website at www.parkaerospace.com


Performance table, including non-GAAP information (in thousands, except per share amounts –unaudited):

             
 13 Weeks
Ended
  13 Weeks
Ended
  13 Weeks
Ended
 26 Weeks Ended
       
 August 31,
2025
  September 1,
2024
  June 1,
2025
 August 31,
2025
  September 1,
2024
Sales$16,381  $16,709   $15,400 $31,781  $30,679 
             
Net Earnings before Special Items1$2,404  $2,092   $2,080 $4,484  $3,873 
Special Item, Net of Tax:            
Storm Damage Charge -   (46)   -  -   (1,098)
Income Tax Effect on Pretax Special Items -   20    -  -   284 
Net Earnings$2,404  $2,066   $2,080 $4,484  $3,059 
             
             
Basic Earnings per Share:            
Basic Earnings before Special Items1$0.12  $0.10   $0.10 $0.23  $0.19 
Special Item:            
Storm Damage Charge -   -    -  -   (0.05)
Income Tax Effect on Pretax Special Items -   -    -  -   0.01 
Basic Earnings per Share$0.12  $0.10   $0.10 $0.23  $0.15 
             
             
             
Diluted Earnings before Special Items1$0.12  $0.10   $0.10 $0.22  $0.19 
Special Item:            
Storm Damage Charge -   -    -  -   (0.05)
Income Tax Effect on Pretax Special Items -   -    -  -   0.01 
Diluted Earnings per Share$0.12  $0.10   $0.10 $0.22  $0.15 
             
             
Weighted Average Shares Outstanding:            
Basic 19,875   20,216    19,919  19,897   20,234 
Diluted 19,986   20,291    19,968  19,977   20,331 
             
1 Refer to "Reconciliation of non-GAAP financial measures" below for information regarding Special Items.
             


Condensed comparative balance sheets (in thousands):

    
 August 31,
2025
 March 2,
2025
Assets(unaudited)  
Current Assets   
Cash and Marketable Securities$61,553 $68,834
Accounts Receivable, Net 12,640  12,903
Inventories 8,101  7,213
Prepaid Expenses and Other Current Assets 1,012  1,344
Total Current Assets 83,306  90,294
    
Fixed Assets, Net 21,403  21,650
Operating Right-of-use Assets 282  308
Other Assets 11,457  9,856
Total Assets$116,448 $122,108
    
Liabilities and Shareholders' Equity   
Current Liabilities   
Accounts Payable$3,324 $2,513
Accrued Liabilities 1,250  1,318
Operating Lease Liability 42  40
Income Taxes Payable 125  5,390
Total Current Liabilities 4,741  9,261
    
Long-term Operating Lease Liability 296  318
Deferred Income Taxes 5,541  5,304
Other Liabilities 75  71
Total Liabilities 10,653  14,954
    
Shareholders’ Equity 105,795  107,154
    
Total Liabilities and Shareholders' Equity$116,448 $122,108
    
Additional information   
Equity per Share$ 5.31 $ 5.36
    


Condensed comparative statements of operations (in thousands – unaudited):

              
 13 Weeks
Ended
  13 Weeks
Ended
  13 Weeks
Ended
  26 Weeks Ended
              
 August 31,
2025
  September 1,
2024
  June 1,
2025
  August 31,
2025
  September 1,
2024
              
Net Sales$16,381   $16,709   $15,400   $31,781   $30,679 
              
Cost of Sales 11,265    11,952    10,682    21,947    21,823 
              
Gross Profit 5,116    4,757    4,718    9,834    8,856 
% of net sales 31.2%   28.5%   30.6%   30.9%   28.9%
              
Selling, General & Administrative Expenses 2,271    2,140    2,299    4,570    4,157 
% of net sales 13.9%   12.8%   14.9%   14.4%   13.5%
              
Earnings from Operations 2,845    2,617    2,419    5,264    4,699 
              
              
Storm Damage Charge -    (46)   -    -    (1,098)
Interest and Other Income: 390    245    355    745    584 
              
Earnings from Operations before Income Taxes 3,235    2,816    2,774    6,009    4,185 
              
Income Tax Provision 831    750    694    1,525    1,126 
Net Earnings$2,404   $2,066   $2,080   $4,484   $3,059 
% of net sales 14.7%   12.4%   13.5%   14.1%   10.0%
              



Reconciliation of non-GAAP financial measures (in thousands – unaudited):
              
Reconciliation of GAAP Net Earnings to Adjusted EBITDA
              
 13 Weeks
Ended
  13 Weeks
Ended
  13 Weeks
Ended
  26 Weeks
Ended
  26 Weeks
Ended
              
 August 31,
2025
  September 1,
2024
  June 1,
2025
  August 31,
2025
  September 1,
2024
GAAP Net Earnings$2,404   $2,066   $2,080   $4,484   $3,059 
Adjustments:             
Income Tax Provision 831    750    694    1,525    1,126 
Interest and Other Income (390)   (245)   (355)   (745)   (584)
Depreciation 455    488    456    911    927 
Stock Option Expense 101    101    88    189    190 
Special Item:             
Storm Damage Charge -    46    -    -    1,098 
Adjusted EBITDA$3,401   $3,206   $2,963   $6,364   $5,816 
              


Contact: Donna D’Amico-Annitto
486 North Oliver Road, Bldg. Z
Newton, Kansas 67114
(316) 283-6500


FAQ

What were Park Aerospace (PKE) net sales and net earnings for Q2 2026 ended August 31, 2025?

Net sales were $16.381M and net earnings were $2.404M (basic and diluted EPS $0.12) for Q2 2026.

How did Park Aerospace (PKE) six‑month results to August 31, 2025 compare year‑over‑year?

Six‑month net sales were $31.781M (vs $30.679M) and net earnings were $4.484M (vs $3.059M).

What was Park Aerospace's (PKE) Adjusted EBITDA for Q2 2026 and year‑to‑date?

Adjusted EBITDA was $3.401M for the quarter and $6.364M for the first six months of fiscal 2026.

Did Park Aerospace (PKE) report any special items in Q2 2026?

No; the company reported no special items during the 2026 fiscal second quarter or first six months.

How did Park Aerospace's (PKE) profitability margins change in Q2 2026?

Gross margin rose to 31.2% in Q2 2026 from 28.5% a year earlier, improving operating profitability.

Where can investors access Park Aerospace (PKE) Q2 2026 presentation and replay?

The live webcast and replay are available at the company's investor conference calls page and at the provided media‑server webcast link.
Park Aerospace Corp

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Aerospace & Defense
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