Every 8-K 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 8-K covers material events a company has to report between its quarterly 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 a very strong second quarter of 2026, with sales up 27.0% to $260.0 million and record operating income of $40.5 million, a 15.6% margin. Net income jumped to $35.1 million or $0.75 per diluted share, compared with $1.3 million or $0.03 a year earlier. Adjusted EBITDA reached $51.5 million, a margin of 19.8%.
The Aerospace segment drove results with record sales of $237.3 million, up 22.6%, and a 20.3% operating margin; General Aviation and Seat Motion posted especially strong growth. Test Systems sales more than doubled to $22.7 million, returning to a modest operating profit despite mix and under-absorption headwinds and some revenue recognized at no margin.
Bookings were a quarterly record at $306.2 million, producing a 1.18 book-to-bill and lifting total backlog to a record $780.6 million, with Aerospace backlog at $657.2 million. Year-to-date cash from operations was $40.7 million, long-term debt declined to $310.3 million, and available liquidity was $253.2 million. Management raised its 2026 revenue outlook to $1.02 billion–$1.04 billion and targets another quarterly sales record in the third quarter.
Astronics Corporation announced a 20% stock distribution of Class B Stock to holders of both its Common and Class B shares. Shareholders will receive one Class B share for every five shares of Common and Class B Stock held on the record date of June 15, 2026, with distribution expected on or about June 29, 2026. Fractional entitlements will be settled in cash.
After the distribution, Astronics expects approximately 32.1 million Common shares and 10.9 million Class B shares to be outstanding. Class B Stock carries ten votes per share versus one vote for Common Stock, but each Class B share has the same economic value as one Common share and is convertible at any time, without cost, into Common Stock, which is tradable on Nasdaq.
Astronics Corporation reported the results of its 2026 Annual Meeting of Shareholders held on May 28, 2026. Shareholders elected all director nominees, with support levels generally in the tens of millions of votes cast for each candidate alongside broker non-votes.
Investors also ratified Ernst & Young LLP as independent registered public accounting firm for fiscal 2026, approved on a non-binding basis the compensation of named executive officers, and adopted both the 2026 Long Term Incentive Plan and the 2026 Employee Stock Purchase Plan.
Astronics Corporation reported strong first quarter 2026 results, with sales rising 12.0% to $230.6 million and net income increasing to $25.5 million, or $0.67 per diluted share, up from $0.26 a year earlier. Gross margin improved to 32.6%, and operating margin nearly doubled to 11.8%. Adjusted EBITDA reached $37.9 million, a 23.3% increase, for a 16.4% margin. The Aerospace segment led performance with $213.8 million of sales and a 16.5% operating margin, while Test Systems returned to a small profit.
The company booked a record $290.4 million of orders in the quarter for a book‑to‑bill of 1.26 and ended with record backlog of $734.3 million. Astronics generated $10.6 million of operating cash flow, invested $11.2 million in capital expenditures, and reported long‑term debt of $334.9 million with total liquidity of $231.8 million. Management raised 2026 revenue guidance to a range of $970 million to $1 billion and targets second quarter sales of $245 million to $250 million.
Astronics Corporation delivered a strong turnaround in 2025, capped by a record fourth quarter. Fourth quarter sales rose 15.1% to $240.1 million, driven by record Aerospace revenue of $219.6 million, and net income reached $29.6 million, or $0.78 per diluted share, versus a prior-year loss.
For 2025, sales grew to $862.1 million from $795.4 million and net income improved to $29.4 million from a $16.2 million loss. Adjusted EBITDA for the year increased to $134.5 million with margin expanding to 15.6%. The company ended 2025 with a record backlog of $674.5 million and generated $74.8 million of cash from operations.
Astronics maintained its 2026 revenue outlook of $950 million to $990 million, implying about 13% growth at the midpoint, supported by strong Aerospace demand, the Bühler Motor Aviation acquisition, and expectations for improved profitability as Test Systems volume ramps.
Astronics Corporation filed a current report to note that on February 5, 2026 it issued a news release announcing preliminary unaudited adjusted EBITDA margins for the fourth quarter and full year of 2025. The company also highlighted plans to webcast its presentations at the TD Cowen Aerospace & Defense Conference.
Astronics Corporation filed a current report describing information shared at recent investor conferences. On January 13 and 14, 2026, the company presented preliminary revenue, bookings and backlog for the fourth quarter and full year 2025, along with its previously announced outlook for 2026. The presentation was also updated to add revenue expectations for Astronics’ Test segment within the 2026 outlook.
This updated investor presentation is attached as Exhibit 99.1 and is available on the company’s investor relations website. The company specifies that the information in this report and the exhibit is being furnished, not filed, which limits how it is treated under securities law.
Astronics Corporation filed a current report to note that it issued a news release with preliminary unaudited revenue and bookings for the fourth quarter of 2025, preliminary unaudited revenue for full year 2025, and initial revenue guidance for 2026. The detailed figures and outlook are contained in the attached press release, listed as Exhibit 99.1, which accompanies this report.
Astronics Corporation furnished an 8-K to announce its third quarter 2025 financial results. The company reported that a news release detailing the results is attached as Exhibit 99.1.
The information in this report, including Exhibit 99.1, is provided under Item 2.02 and is expressly stated as furnished, not filed, under the Exchange Act and Securities Act. The filing also includes Exhibit 104, the cover page interactive data file embedded within Inline XBRL.
Astronics Corporation entered a new cash flow-based revolving credit agreement with HSBC, replacing its prior asset-based facility. The revolving commitments increased to $300.0 million from $220.0 million, with an option to request up to an additional $100.0 million plus an incremental amount, subject to leverage requirements. The facility matures on October 16, 2030.
Borrowings bear interest at Term SOFR plus a margin of 1.25%–2.125%, based on the Total Net Debt Leverage Ratio. Unused commitments incur a quarterly fee of 0.20%–0.35%. Certain subsidiaries guarantee the facility and their assets secure the obligations.
Astronics repaid all amounts under the terminated asset-based agreement using borrowings under the new facility, incurring no termination penalties. Key covenants include a Total Net Debt Leverage Ratio not exceeding 4.50x (up to 4.75x for the quarter ending December 31, 2025), a Consolidated Interest Coverage Ratio of at least 3.50x, and a Secured Net Debt Leverage Ratio not exceeding 3.00x.
Astronics Corporation issued senior unsecured notes that produced approximately $216.7 million of net proceeds. The company used about $26.9 million to pay for capped call transactions and, together with $85.0 million of borrowings under its ABL Revolving Credit Facility and $11.0 million of cash on hand, repurchased approximately $132.0 million principal amount of its 5.500% Convertible Senior Notes due 2030. The new Notes, issued under an indenture, mature on January 15, 2031, bear no regular interest and do not accrete. Conversion rights are limited prior to October 15, 2030, and on conversion the company may settle with cash and/or shares subject to the terms. The company entered into capped call transactions with option counterparties to reduce potential dilution, with an initial cap price near $83.4051 per share. The Indenture includes customary Events of Default, repurchase rights on Fundamental Change, and specified redemption windows.
Astronics Corporation (ATRO) disclosed transactions and accounting presentation changes in a Current Report on Form 8-K. The company may repurchase outstanding 2030 notes in individually negotiated transactions, which could lead holders to buy common stock in open market transactions to unwind hedges and potentially place upward pressure on Astronics' stock price. Astronics also stated intent to pursue a cash flow-based revolving credit facility to replace its existing credit agreement, but provided no assurances that such a facility will be secured or on favorable terms. Separately, Astronics changed its presentation of research and development costs in Q1 2025, moving R&D out of Cost of Products Sold into a separate line item and furnished supplemental historical R&D, cost of products sold, and gross profit data for 2022–2024 for comparability.