Earnings ·
Astronics reports Q3 sales up 28.5% to $271.7M and record operating income of $54.0M
ATROAstronics Corp
Astronics Corporation reported third-quarter 2026 results with sales increasing 28.5% year-over-year to a record $271.7 million, driven by strong demand in its Aerospace segment. The company achieved record operating income of $54.0 million, representing an operating margin of 19.9%, while net income reached $52.2 million or $1.08 per diluted share. Adjusted EBITDA rose 81.4% to $59.3 million with a record adjusted EBITDA margin of 21.8%. Bookings totaled $271.1 million, resulting in a book-to-bill ratio of 1.00 and ending backlog of $780.0 million. The company maintained its full-year revenue guidance of $1.02 billion to $1.04 billion. Astronics Corporation is a leading supplier of advanced technologies and products to the global aerospace, defense, and mission critical industries.