Quarterly ResultMay 18, 2026, 08:02 AM
CPI Aerostructures Q1 Revenue $17.4M; Net Income $1.2M; EPS $0.10
AI Summary
CPI Aerostructures reported strong financial results for the first quarter ended March 31, 2026, with significant year-over-year improvements across all major metrics. Revenue increased to $17.4 million, net income reached $1.2 million, and EPS turned positive at $0.10. The company attributed this performance to a favorable product mix, operational efficiencies, and continued execution on key Aerospace & Defense programs, alongside a robust backlog of $495 million.
Key Highlights
- Revenue increased to $17.4 million in Q1 2026 from $15.4 million in Q1 2025.
- Gross profit rose significantly to $4.5 million from $1.6 million year-over-year.
- Gross profit margin expanded to 25.8% in Q1 2026 from 10.7% in Q1 2025.
- Net income was $1.2 million, a turnaround from a net loss of $(1.3) million in Q1 2025.
- Earnings per share improved to $0.10 from a loss per share of $(0.10) in the prior year.
- Adjusted EBITDA reached $2.1 million, compared to $(0.8) million in Q1 2025.
- Total backlog stands at $495 million, including $95 million in funded backlog.
- Began preparing for production on previously announced missile work, expanding into high-growth markets.
Price Impact
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