Quarterly ResultAug 6, 2026, 06:02 AM
Ducommun Q2 Revenue $224.5M (+12%); EPS $1.31 (+60%)
AI Summary
Ducommun reported strong second-quarter 2026 results, with record net revenue of $224.5 million, up 12% year-over-year, and net income increasing 60% to $20.4 million, or $1.31 per diluted share. The company achieved a record gross margin of 28.0% and Adjusted EBITDA of $38.4 million, up 21%. Growth was driven by commercial aerospace and defense businesses, leading to an all-time high remaining performance obligations of $1.2 billion and a book-to-bill ratio of 1.4x. Management expressed confidence in meeting VISION 2027 targets despite expected destocking headwinds.
Key Highlights
- Net Revenue increased 12% to a record $224.5 million in Q2 2026.
- Net income rose 60% to $20.4 million, or $1.31 per diluted share.
- Gross margin reached a record 28.0%, up 160 basis points year-over-year.
- Adjusted EBITDA grew 21% to $38.4 million, or 17.1% of revenue.
- Remaining performance obligations hit an all-time high of $1.2 billion.
- Book-to-bill ratio was 1.4x, with bookings of $309.7 million.
- Electronic Systems segment revenue increased 19.8% to $131.4 million.
- Net cash provided by operations was $33.5 million, up from $22.4 million.
Price Impact
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