DUCOMMUN INC /DE/

Ducommun reported strong financial results for the second quarter and first six months ended July 4, 2026, with significant year-over-year increases in net revenues, net income, and EPS. Net income for Q2 increased by 60% to $20.4 million, and diluted EPS rose to $1.31. The company also disclosed a restatement of prior financial statements due to an accounting error related to stock-based compensation, which led to a $5.0 million compensation clawback from affected executives.

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.

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.

Ducommun Incorporated announced its plan to release second-quarter 2026 financial results on August 6, 2026, before the market opens. Following the release, Chairman, President, and CEO Stephen G. Oswald, along with SVP and CFO Suman Mookerji, will host a conference call at 10:00 a.m. PT (1:00 p.m. ET) to discuss the results. Interested parties can pre-register for dial-in details or access a live webcast, with a replay available on the company's website.

Ducommun Incorporated announced that its Senior Vice President and Chief Financial Officer, Suman Mookerji, will attend the 2026 Truist Securities Industrials & Services Conference. The conference is scheduled for June 16, 2026, and will include one-on-one investor meetings throughout the day. Institutional investors are invited to contact Truist to arrange meetings with Ducommun's management.

Ducommun Incorporated announced it will host an Investor Day on September 17, 2026, in New York City. The event will feature presentations from CEO Stephen G. Oswald, CFO Suman Mookerji, and other senior executives. The company plans to provide an update on its VISION 2027 strategy and unveil its new five-year roadmap, VISION 2032, which will detail key focus areas for growth, investment, and capital allocation to strengthen the company and add shareholder value.

Ducommun Incorporated reported strong first-quarter 2026 results, with net revenue increasing 9% to $209.0 million and net income surging 607% to $9.9 million. The company achieved record revenue, driven by significant growth in commercial aerospace (up 18%) and continued gains in its defense business. Adjusted EBITDA also saw a healthy 19% increase to $35.4 million, with margins expanding to 16.9%, putting the company on track for its VISION 2027 financial goals.

Ducommun Incorporated filed an amended Annual Report on Form 10-K/A to restate its consolidated financial statements for fiscal years ended December 31, 2025 and 2024, along with unaudited quarterly financial information for several quarters in 2024 and 2025. The restatement addresses an error in the timing of stock-based compensation expense recognition, which was non-cash and did not affect net revenues, gross margin, or operating cash flow. This error led to the identification of a material weakness in the company's Internal Control Over Financial Reporting as of December 31, 2025, and ineffective disclosure controls and procedures for the affected periods.

Ducommun Incorporated announced that Suman Mookerji, Senior Vice President and Chief Financial Officer, will participate in the 26th Annual B. Riley Securities Institutional Investor Conference on May 20, 2026. Mookerji is scheduled for one-on-one investor meetings throughout the day, offering institutional investors an opportunity to engage directly with the company's management.

Ducommun Incorporated announced the appointment of Mark A. Caylor as an independent member of its Board of Directors, effective May 4, 2026. Mr. Caylor, a seasoned aerospace and defense executive with over 35 years of experience, previously served as Corporate Vice President and President of Northrop Grumman's Mission Systems Sector. His appointment is part of Ducommun's ongoing board refreshment process and aims to support the Company's VISION 2027 Strategy, particularly in growing its missile and radar franchise both organically and through acquisitions. This addition brings the total of new directors added to the board in the last five years to six.