Quarterly ResultAug 5, 2026, 07:22 AM
TAT Technologies Q2 Net Income +134.5% to $8.1M; Revenue +22.8%
AI Summary
TAT Technologies reported strong financial results for the second quarter of 2026, with net income surging 134.5% to $8.1 million and revenue increasing 22.8% to $52.9 million. Diluted EPS also saw a significant rise of 106.8% to $0.61. The net income for the quarter included a $3.4 million non-operating gain from the sale of a minority interest in an unconsolidated entity. The company also highlighted a substantial backlog of $615 million as of Q2 2026, indicating continued demand for its products and services.
Key Highlights
- Q2 2026 Net Income increased by 134.5% to $8.1 million.
- Q2 2026 Revenue grew by 22.8% to $52.9 million.
- Diluted EPS for Q2 2026 was $0.61, up 106.8% year-over-year.
- Gross Profit for Q2 2026 rose by 23.0% to $13.3 million.
- Adjusted EBITDA for Q2 2026 increased by 22.7% to $7.4 million.
- The company reported a backlog of $615 million as of Q2 2026.
- Q2 2026 Net Income included a $3.4 million non-operating gain from an equity investment sale.
- Cash and cash equivalents stood at $54.63 million at the end of Q2 2026.
Price Impact
More from TATT