Every 10-Q that Astronics (ATRO) has filed with the SEC in the last 24 months is listed below, newest first, and each one links through to the document itself with the summary and the scores our analysis gives it.
A 10-Q covers the quarterly report filed between annual reports, so if you follow ATRO and want that one kind of document rather than the whole filing history, this is the page to keep. The company's other filings, of every form, are on the full ATRO filings page.
Astronics Corporation reported substantially stronger results for the quarter and six months ended July 4, 2026. Six‑month sales rose to $490.6 million from $410.6 million, with net income up to $60.6 million from $10.8 million as gross margin improved to 33.0% from 27.7%. Diluted EPS increased to $1.31 from $0.25. Aerospace drove growth, with six‑month sales of $451.1 million and operating margin of 18.5%, helped by strong commercial transport and general aviation demand, improved efficiencies, lower litigation costs, absence of prior‑year restructuring charges, and a $2.0 million tariff refund. Test Systems returned to profitability, generating $39.5 million of sales and a modest operating profit versus a prior‑year loss.
Backlog reached $780.6 million, supported by a book‑to‑bill ratio above 1, and operating cash flow improved to $40.7 million. The company ended the quarter with $9.0 million in cash and $310.3 million of long‑term debt, including $258.0 million of convertible notes, and remained in compliance with all covenants while continuing to carry litigation reserves related to patent disputes.
Astronics Corporation reported a strong first quarter of 2026, with higher sales and sharply improved profitability driven by its Aerospace segment. Sales rose to $230.6 million from $205.9 million, while gross margin increased to 32.6% from 29.5% as volume and program mix improved.
Net income climbed to $25.5 million compared with $9.5 million a year earlier, and diluted earnings per share rose to $0.67 from $0.26. Aerospace sales grew 11.7% to $213.8 million, supported by commercial transport and general aviation demand, and segment operating margin expanded to 16.5%. Test Systems returned to a modest profit on slightly higher revenue and easier comparisons.
Order activity remained solid, with bookings of $290.4 million, a book‑to‑bill ratio of 1.26, and quarter‑end backlog of $734.3 million. Operating cash flow was $10.6 million, while capital spending increased to $11.2 million for facility and capacity investments. Net debt stood at $331.1 million, and the company remained in compliance with its credit covenants.
Astronics Corporation reported Q3 2025 results with sales of $211.4 million, up from $203.7 million a year ago. For the nine months, sales reached $622.1 million, and income from operations rose to $41.0 million, helping narrow the year-to-date net loss to $0.3 million. Operating cash flow improved to $47.2 million, reflecting better working capital trends.
The company refinanced and extended its capital structure: it issued $225.0 million zero-coupon 2031 convertible notes, partially repurchased $132.0 million of 2030 notes (recording a $32.6 million inducement loss), entered capped calls for $26.9 million, and ended the quarter with $85.0 million drawn on its ABL. Backlog was $646.7 million, with $479.2 million expected over the next twelve months.
Subsequent to quarter-end, Astronics acquired Bühler Motor Aviation for $18.0 million and replaced its ABL with a $300 million secured revolver maturing in 2030. During 2025, the company paid $21.6 million related to a UK legal matter. As of October 30, 2025, 35,629,121 shares were outstanding.