Quarterly ResultAug 5, 2026, 07:17 AM
TAT Technologies Q2 Net Income +134.5% to $8.07M; EPS $0.62
AI Summary
TAT Technologies reported strong financial results for the second quarter and first half of 2026. Q2 2026 revenue increased by 22.8% to $52.94 million, with net income soaring by 134.5% to $8.07 million, driven in part by a $4.32 million gain on the sale of an equity investment. Basic EPS for the quarter was $0.62. For the first half of 2026, revenue grew by 10.4% to $94.09 million, and net income rose by 58.1% to $11.47 million, resulting in a basic EPS of $0.88. The company noted ongoing geopolitical uncertainties but stated its operations have not been materially affected to date.
Key Highlights
- Q2 2026 revenue increased by 22.8% to $52.94 million from $43.10 million in Q2 2025.
- Q2 2026 net income surged by 134.5% to $8.07 million, compared to $3.44 million in Q2 2025.
- Q2 2026 basic earnings per share (EPS) rose by 106.7% to $0.62 from $0.30 in Q2 2025.
- H1 2026 revenue grew by 10.4% to $94.09 million from $85.25 million in H1 2025.
- H1 2026 net income increased by 58.1% to $11.47 million, up from $7.26 million in H1 2025.
- H1 2026 basic EPS was $0.88, a 35.4% increase from $0.65 in H1 2025.
- The company recorded a $4.32 million gain on the sale of an equity investment in Q2 2026.
- Cash and cash equivalents stood at $54.63 million as of June 30, 2026.
Price Impact
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