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Recent Updates — ATRO

August 11, 2026View Source ↗

Astronics Corporation reported second quarter 2026 financial results with record sales of $260.0 million, a 27% increase year-over-year, driven by strong demand in the Aerospace segment. The company achieved record operating income of $40.5 million and net income of $35.1 million, or $0.75 per diluted share. Adjusted EBITDA rose 102.9% to $51.5 million with a margin of 19.8%. Bookings reached a record $306.2 million, resulting in a book-to-bill ratio of 1.18 and pushing total backlog to a new high of $780.6 million. Management raised full-year 2026 revenue guidance to $1.02 billion–$1.04 billion from previous estimates. The company also announced a favorable UK Court of Appeal ruling regarding a patent dispute, expecting approximately $2.2 million in damages repayment. Astronics Corporation is a leading supplier of advanced technologies and products to the global aerospace, defense, and mission-critical industries.