Park Aerospace Corp. Reports Third Quarter Results

Rhea-AI Summary

Park Aerospace (NYSE:PKE) reported results for the fiscal 2026 third quarter ended November 30, 2025: net sales $17.333M (up from $14.408M a year earlier) and net earnings $2.95M (vs $1.577M). EPS $0.15 for the quarter and adjusted EBITDA $4.226M. For the nine months, sales were $49.114M and net earnings were $7.434M (vs $4.636M prior year). Cash and marketable securities were $63.558M and total assets were $118.099M. Management will host a conference call and webcast on Jan 13, 2026 at 5:00 p.m. EST with replay available through Jan 20, 2026.

Positive

• Net sales +20.3% YoY (13 weeks: $17.333M vs $14.408M)
• Net earnings +87% YoY (13 weeks: $2.95M vs $1.577M)
• Adjusted EBITDA +75% YoY (13 weeks: $4.226M vs $2.415M)
• Nine-month net earnings +60% YoY ($7.434M vs $4.636M)
• Current liabilities down ~42% from $9.261M to $5.343M

Negative

• None.

News Market Reaction

-2.80% 3.7x vol

13 alerts

-2.80% News Effect

+2.2% Peak Tracked

-3.1% Trough Tracked

-$15M Valuation Impact

$509M Market Cap

3.7x Rel. Volume

On the day this news was published, PKE declined 2.80%, reflecting a moderate negative market reaction. Argus tracked a peak move of +2.2% during that session. Argus tracked a trough of -3.1% from its starting point during tracking. Our momentum scanner triggered 13 alerts that day, indicating notable trading interest and price volatility. This price movement removed approximately $15M from the company's valuation, bringing the market cap to $509M at that time. Trading volume was very high at 3.7x the daily average, suggesting heavy selling pressure.

Data tracked by StockTitan Argus on the day of publication.

Key Figures

Q3 FY2026 Net Sales: $17,333,000 9M FY2026 Net Sales: $49,114,000 Q3 FY2026 Net Earnings: $2,950,000 +5 more

8 metrics

Q3 FY2026 Net Sales $17,333,000 Quarter ended November 30, 2025 vs $14,408,000 prior-year Q3

9M FY2026 Net Sales $49,114,000 Nine months ended November 30, 2025 vs $45,087,000 prior year

Q3 FY2026 Net Earnings $2,950,000 Quarter ended November 30, 2025 vs $1,577,000 prior-year Q3

9M FY2026 Net Earnings $7,434,000 Nine months ended November 30, 2025 vs $4,636,000 prior year

Q3 FY2026 EPS $0.15 Basic and diluted EPS vs $0.08 prior-year Q3 and $0.12 Q2 FY2026

Q3 FY2026 Adjusted EBITDA $4,226,000 Quarter ended November 30, 2025 vs $2,415,000 prior-year Q3

Q3 FY2026 Gross Margin 34.1% Gross profit as % of net sales vs 26.6% prior-year Q3

Cash & Marketable Securities $63,558,000 Balance at November 30, 2025 vs $68,834,000 at March 2, 2025

Market Reality Check

Price: $25.09 Vol: Volume 456,391 is 2.62x t...

high vol

$25.09 Last Close

Volume Volume 456,391 is 2.62x the 20-day average of 174,104, showing elevated interest ahead of earnings call. high

Technical Shares at $23.94 are just 2.96% below the 52-week high and trading above the 200-day MA of $17.37.

Peers on Argus

PKE gained 2.84% with strong volume, while peers were mixed: SATL +11.76%, EVTL ...

PKE gained 2.84% with strong volume, while peers were mixed: SATL +11.76%, EVTL +1.98%, TATT +1.50%, BYRN +0.85%, and SWBI -2.86%, indicating a stock-specific reaction to earnings rather than a broad sector move.

Historical Context

5 past events · Latest: Jan 08 (Neutral)

Pattern 5 events

Date	Event	Sentiment	Move	Catalyst
Jan 08	Earnings date set	Neutral	+3.9%	Announced Q3 FY2026 earnings release timing and conference call details.
Dec 08	Dividend declaration	Positive	+1.2%	Declared $0.125 quarterly dividend and highlighted 40-year dividend streak.
Oct 09	Q2 earnings	Positive	+1.0%	Reported Q2 FY2026 results with improved gross margin and solid earnings.
Oct 06	Earnings date set	Neutral	+0.3%	Announced Q2 FY2026 earnings release schedule and call logistics.
Sep 08	Dividend declaration	Positive	-0.5%	Declared $0.125 dividend and reiterated 40-year uninterrupted dividend history.

Pattern Detected

Earnings and dividend news have generally produced modest positive price reactions, with only one recent dividend headline seeing a small negative move.

Recent Company History

Over the last several months, Park Aerospace has steadily reported improving financials and maintained consistent shareholder returns. Q1 and Q2 FY2026 earnings showed rising net sales, higher net earnings and stronger gross margins. Regular cash dividends of $0.125 per share and a 40-year dividend streak underline capital-return focus. Today’s Q3 FY2026 report, with higher sales, earnings and Adjusted EBITDA versus prior periods, continues that trend and follows the pre-announced earnings date released on Jan 08, 2026.

Market Pulse Summary

This announcement details Q3 FY2026 results with higher net sales of $17.333M, net earnings of $2.95...

Analysis

This announcement details Q3 FY2026 results with higher net sales of $17.333M, net earnings of $2.95M, and an improved gross margin of 34.1%, alongside stronger nine‑month performance and rising Adjusted EBITDA. Management again emphasizes non‑GAAP metrics to strip out past storm‑damage charges. Historically, earnings and dividend releases have produced modestly positive reactions. Investors may watch future quarters for continued revenue growth, margin stability, and balance‑sheet trends such as cash movements and equity per share.

Key Terms

adjusted ebitda, non-gaap, gaap, unmanned aerial vehicles, +2 more

6 terms

adjusted ebitda financial

"Adjusted EBITDA for the 2026 fiscal year third quarter was $4,226,000"

Adjusted EBITDA is a way companies measure how much money they make from their core operations, like running a business, by removing certain costs or income that aren’t part of regular business activities. It helps investors see how well a company is doing without distractions from unusual expenses or gains, making it easier to compare companies or track performance over time.

non-gaap financial

"Park discloses non-GAAP measures, including Adjusted EBITDA"

Non-GAAP refers to financial measures that companies use to show their earnings or performance without including certain expenses or income that are often added back to give a different picture. It matters because it can make a company's results look better or more favorable, but it may also hide important costs, so investors need to look at both GAAP (official rules) and non-GAAP numbers to get a full understanding.

gaap financial

"accounting principles generally accepted in the United States of America (“GAAP”)"

GAAP, or Generally Accepted Accounting Principles, are a set of standardized rules and guidelines that companies follow when preparing their financial statements. They ensure consistency, transparency, and comparability across different companies, making it easier for investors to understand and compare financial information accurately. This helps investors make informed decisions based on trustworthy and uniform financial reports.

unmanned aerial vehicles technical

"Unmanned Aerial Vehicles (UAVs commonly referred to as “drones”)"

Unmanned aerial vehicles (UAVs) are aircraft that fly without a pilot on board, controlled remotely or by onboard computers—think of them as flying robots or advanced remote‑control planes. They matter to investors because they create new markets and revenue streams across industries such as defense, logistics, agriculture and infrastructure inspection; their value depends on demand, safety and regulatory approval, similar to how driverless cars reshape transport investment risks and opportunities.

radome technical

"specially designed materials for radome applications"

A radome is a protective shell that covers and shields radar or antenna equipment while allowing radio waves to pass through with minimal interference. Think of it as a windshield for sensitive sensing or communications gear: it keeps out weather, debris and mechanical damage without blocking the signal. Investors care because radome materials, design and durability affect product performance, regulatory compliance, manufacturing costs and contract competitiveness in aerospace, defense and telecom sectors.

automated fiber placement technical

"designed for hand lay-up or automated fiber placement (AFP) manufacturing"

Automated fiber placement is a robotic manufacturing process that lays down long, thin strips of reinforcing fibers and resin to build strong, lightweight composite parts layer by layer. Like a precise, automated sewing machine stitching threads into a pattern, it produces consistent, high-performance components faster and with less waste than hand layup. Investors care because it can lower production costs, improve product quality, speed up scaling, and affect capital spending and profit margins for manufacturers using advanced composites.

AI-generated analysis. Not financial advice.

NEWTON, Kan., Jan. 13, 2026 (GLOBE NEWSWIRE) -- Park Aerospace Corp. (NYSE-PKE) reported results for the 2026 fiscal year third quarter ended November 30, 2025. The Company will conduct a conference call to discuss its financial results and other matters at 5:00 p.m. EST today. A live audio webcast of the event, along with presentation materials, will be available at https://edge.media-server.com/mmc/p/tt72ics7 at 5:00 p.m. EST today. The presentation materials will also be available at approximately 4:15 p.m. EST 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 $17,333,000 for the 2026 fiscal year third quarter ended November 30, 2025 compared to $14,408,000 for the 2025 fiscal year third quarter ended December 1, 2024 and $16,381,000 for the 2026 fiscal year second quarter ended August 31, 2025. Park’s net sales for the nine months ended November 30, 2025 were $49,114,000 compared to $45,087,000 for the nine months ended December 1, 2024. Net earnings for the 2026 fiscal year third quarter were $2,950,000 compared to $1,577,000 for the 2025 fiscal year third quarter and $2,404,000 for the 2026 fiscal year second quarter. Net earnings were $7,434,000 for the current year’s first nine months compared to $4,636,000 for last year’s first nine months.

Net earnings before special items for the 2026 fiscal year third quarter were $2,950,000 compared to $1,577,000 for the 2025 fiscal year third quarter and $2,404,000 for the 2026 fiscal year second quarter. Net earnings before special items for the nine months ended November 30, 2025 were $7,434,000 compared to $5,450,000 for last fiscal year’s first nine months.

Adjusted EBITDA for the 2026 fiscal year third quarter was $4,226,000 compared to $2,415,000 for the 2025 fiscal year third quarter and $3,401,000 for the 2026 fiscal year second quarter. Adjusted EBITDA for the current fiscal year’s first nine months was $10,590,000 compared to $8,231,000 for last fiscal year’s first nine months.

During the 2026 fiscal year third quarter and first nine months, the Company did not report any special items. During the 2025 fiscal year third quarter, the Company did not report any special items but during the 2025 fiscal year first nine months the Company recorded $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 $0.15 for the 2026 fiscal year third quarter compared to $0.08 for the 2025 fiscal year third quarter and $0.12 for the 2026 fiscal year second quarter. Basic and diluted earnings per share before special items were $0.15 for the 2026 fiscal year third quarter compared to $0.08 for the 2025 fiscal year third quarter and $0.12 for the 2026 fiscal year second quarter.

Park reported basic and diluted earnings per share of $0.37 for the 2026 fiscal year’s first nine months compared to $0.23 for the 2025 fiscal year’s first nine months. Basic and diluted earnings per share before special items were $0.37 for the 2026 fiscal year’s first nine months compared to $0.27 for the 2025 fiscal year’s first nine months.

The Company will conduct a conference call to discuss its financial results at 5:00 p.m. EST 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 13757846.

For those unable to listen to the call live, a conference call replay will be available from approximately 8:00 p.m. EST today through 11:59 p.m. EST on Tuesday, January 20, 2026. The conference call replay will be available at https://edge.media-server.com/mmc/p/tt72ics7 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 13757846.

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			39 Weeks Ended
	November 30, 2025				December 1, 2024				August 31, 2025			November 30, 2025				December 1, 2024
Sales	$	17,333			$	14,408			$	16,381		$	49,114			$	45,087
Net Earnings before Special Items1	$	2,950			$	1,577			$	2,404		$	7,434			$	5,450
Special Item, Net of Tax:
Storm Damage Charge		-				-				-			-				(1,098	)
Income Tax Effect on Pretax Special Items		-				-				-			-				284
Net Earnings	$	2,950			$	1,577			$	2,404		$	7,434			$	4,636
Basic Earnings per Share:
Basic Earnings before Special Items1	$	0.15			$	0.08			$	0.12		$	0.37			$	0.27
Special Item:
Storm Damage Charge		-				-				-			-				(0.05	)
Income Tax Effect on Pretax Special Items		-				-				-			-				0.01
Basic Earnings per Share	$	0.15			$	0.08			$	0.12		$	0.37			$	0.23
Diluted Earnings before Special Items1	$	0.15			$	0.08			$	0.12		$	0.37			$	0.27
Special Item:
Storm Damage Charge		-				-				-			-				(0.05	)
Income Tax Effect on Pretax Special Items		-				-				-			-				0.01
Diluted Earnings per Share	$	0.15			$	0.08			$	0.12		$	0.37			$	0.23
Weighted Average Shares Outstanding:
Basic		19,911				19,982				19,875			19,902				20,150
Diluted		20,095				20,077				19,986			20,016				20,246
1Refer to "Reconciliation of non-GAAP financial measures" below for information regarding Special Items.

Condensed comparative balance sheets (in thousands):

	November 30, 2025			March 2, 2025
Assets	(unaudited)
Current Assets
Cash and Marketable Securities	$	63,558		$	68,834
Accounts Receivable, Net		12,143			12,903
Inventories		7,636			7,213
Prepaid Expenses and Other Current Assets		1,287			1,344
Total Current Assets		84,624			90,294
Fixed Assets, Net		21,764			21,650
Operating Right-of-use Assets		269			308
Other Assets		11,442			9,856
Total Assets	$	118,099		$	122,108
Liabilities and Shareholders' Equity
Current Liabilities
Accounts Payable	$	3,259		$	2,513
Accrued Liabilities		1,347			1,318
Operating Lease Liability		43			40
Income Taxes Payable		694			5,390
Total Current Liabilities		5,343			9,261
Long-term Operating Lease Liability		285			318
Deferred Income Taxes		5,802			5,304
Other Liabilities		77			71
Total Liabilities		11,507			14,954
Shareholders’ Equity		106,592			107,154
Total Liabilities and Shareholders' Equity	$	118,099		$	122,108
Additional information
Equity per Share	$	5.35		$	5.36

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

	13 Weeks Ended					13 Weeks Ended					13 Weeks Ended					39 Weeks Ended
	November 30, 2025					December 1, 2024					August 31, 2025					November 30, 2025					December 1, 2024
Net Sales	$	17,333				$	14,408				$	16,381				$	49,114				$	45,087
Cost of Sales		11,430					10,580					11,265					33,377					32,403
Gross Profit		5,903					3,828					5,116					15,737					12,684
% of net sales		34.1	%				26.6	%				31.2	%				32.0	%				28.1	%
Selling, General & Administrative Expenses		2,259					1,982					2,271					6,829					6,139
% of net sales		13.0	%				13.8	%				13.9	%				13.9	%				13.6	%
Earnings from Operations		3,644					1,846					2,845					8,908					6,545
Storm Damage Charge		-					-					-					-					(1,098	)
Interest and Other Income:		343					290					390					1,088					874
Earnings from Operations before Income Taxes		3,987					2,136					3,235					9,996					6,321
Income Tax Provision		1,037					559					831					2,562					1,685
Net Earnings	$	2,950				$	1,577				$	2,404				$	7,434				$	4,636
% of net sales		17.0	%				10.9	%				14.7	%				15.1	%				10.3	%

Reconciliation of non-GAAP financial measures (in thousands – unaudited):

	13 Weeks Ended					13 Weeks Ended					13 Weeks Ended					39 Weeks Ended					39 Weeks Ended
	November 30, 2025					December 1, 2024					August 31, 2025					November 30, 2025					December 1, 2024
GAAP Net Earnings	$	2,950				$	1,577				$	2,404				$	7,434				$	4,636
Adjustments:
Income Tax Provision		1,037					559					831					2,562					1,685
Interest and Other Income		(343	)				(290	)				(390	)				(1,088	)				(874	)
Depreciation		477					464					455					1,388					1,391
Stock Option Expense		105					105					101					294					295
Special Item:
Storm Damage Charge		-					-					-					-					1,098
Adjusted EBITDA	$	4,226				$	2,415				$	3,401				$	10,590				$	8,231

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

FAQ

What were Park Aerospace (PKE) Q3 fiscal 2026 net sales and EPS on Jan 13, 2026?

Park reported Q3 net sales $17.333M and EPS $0.15 for the quarter ended Nov 30, 2025.

How did Park Aerospace (PKE) adjusted EBITDA for Q3 2026 compare to Q3 2025?

Adjusted EBITDA was $4.226M in Q3 2026 versus $2.415M in Q3 2025, a ~75% increase.

What are Park Aerospace's (PKE) nine-month results through Nov 30, 2025?

Nine-month net sales were $49.114M and net earnings were $7.434M through Nov 30, 2025.

When and how can investors access Park Aerospace (PKE) Q3 2026 earnings call?

The earnings call/webcast is on Jan 13, 2026 at 5:00 p.m. EST; a replay is available through Jan 20, 2026 on the company's investor site.

Did Park Aerospace (PKE) record any special items in Q3 fiscal 2026?

No special items were reported in Q3 fiscal 2026; the prior-year nine months included a storm damage charge.

What balance-sheet cash and equity-per-share did Park Aerospace (PKE) report on Nov 30, 2025?

Cash and marketable securities were $63.558M and equity per share was $5.35 as of Nov 30, 2025.