Earnings ·
Applied Aerospace & Defense reported second quarter 2026 financial results, generating record revenue of $167.3…
AADXApplied Aerospace & Defense, Inc.
Applied Aerospace & Defense reported second quarter 2026 financial results, generating record revenue of $167.3 million, a 47.4% increase year over year, and record Adjusted EBITDA of $36.4 million. The company incurred a net loss of $154.0 million primarily due to share-based compensation and transaction expenses related to its June 2026 initial public offering, which raised approximately $635.6 million in net proceeds. Contract backlog grew to over $1.1 billion, providing multi-year revenue visibility. For full year 2026, the company expects total revenue between $670 million and $690 million and non-GAAP Adjusted EBITDA between $150 million and $155 million. Applied Aerospace & Defense is a premier provider of advanced design, engineering, and vertically integrated manufacturing solutions for leading and next-generation space and defense technology companies.