Quarterly ResultAug 6, 2026, 06:16 AM
Ducommun Q2 Net Revenue $224.5M, Gross Margin 28.0%; Net Income $20.4M
AI Summary
Ducommun Incorporated reported outstanding second quarter 2026 results, achieving record net revenue of $224.5 million, a 12% increase year-over-year, and a record gross margin of 28.0%. Net income surged 60% to $20.4 million, or $1.31 per diluted share, while Adjusted EBITDA grew 21% to $38.4 million. The company also reached an all-time high in remaining performance obligations at $1.2 billion and recorded strong bookings with a 1.4x book-to-bill ratio, driven by significant growth in commercial aerospace and defense businesses.
Key Highlights
- Net Revenue was $224.5 million, an increase of 12% over Q2 2025.
- Gross margin reached a record 28.0%, growing 160 bps year-over-year.
- Net income was $20.4 million, up 60% year-over-year, or $1.31 per diluted share.
- Adjusted EBITDA increased 21% year-over-year to $38.4 million, or 17.1% of revenue.
- Remaining performance obligations (RPO) hit an all-time high of $1.2 billion.
- Bookings were $309.7 million, resulting in a book-to-bill ratio of 1.4x.
- Commercial aerospace revenue increased by $12.0 million due to higher rates on large aircraft.
- Military and space revenue rose by $7.9 million from missile and fixed-wing aircraft platforms.
Price Impact
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