Earnings ·
Butler National reports Q1 revenue up 53% to $30.8 million as Aerospace Products surge drives operating income growth
BUKSButler National Corp
Butler National Corporation reported first-quarter fiscal 2027 financial results for the period ended July 31, 2026. Revenue increased 53% to $30.8 million from $20.1 million in the prior-year quarter, driven by a 92% surge in Aerospace Products revenue to $21.7 million. Operating income rose 59% to $7.4 million and net income grew 43% to $5.3 million. Diluted earnings per share increased to $0.10 from $0.05, while operating margin expanded to 24%. The company repurchased 246,996 shares during the quarter and reported a record Aerospace Products backlog of $51.1 million. Butler National Corporation operates in the aircraft modification, maintenance, repair, overhaul (MRO) sector and provides gaming management services.