Quarterly ResultAug 12, 2026, 04:24 PM
AEVEX Q2 Revenue $201.8M, Swings to Net Income $2.3M
AI Summary
AEVEX Corp. reported strong financial results for Q2 2026, with revenue significantly increasing to $201.8 million and the company swinging to a net income of $2.3 million, compared to a net loss in the prior year. These results follow the company's initial public offering (IPO) on April 20, 2026, which raised approximately $345.9 million, and a secondary offering on June 5, 2026, which generated $148.8 million for the company to purchase Series B units. The company also refinanced its credit facilities post-IPO, contributing to a substantial increase in total assets and cash.
Key Highlights
- Q2 2026 revenue increased to $201.8 million from $101.1 million in Q2 2025.
- Q2 2026 net income attributable to AEVEX Corp. was $2.3 million, compared to a net loss of $11.8 million in Q2 2025.
- Basic EPS for Q2 2026 was $0.01, up from $0.00 in Q2 2025.
- Initial Public Offering (IPO) on April 20, 2026, generated $345.9 million in net proceeds.
- Secondary Offering on June 5, 2026, provided $148.8 million in net proceeds to the company.
- New Credit Facilities, including a $100.0 million term loan, refinanced prior debt.
- Total assets grew to $948.1 million as of June 30, 2026, from $627.0 million at December 31, 2025.
- Cash and cash equivalents increased to $215.2 million from $27.9 million.
Price Impact
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