Astronics Corporation filed its Form 10-Q with the SEC on August 12, 2026, covering the quarterly period ended July 4, 2026, and reporting net income of $60.6 million for the six months ended on that date.

Key Highlights

  • Six-month sales of $490.6 million: Sales for the six months ended July 4, 2026 were $490,576 thousand, up from $410,614 thousand in the prior-year period.
  • Net income of $60.6 million: Net income for the six months ended July 4, 2026 was $60,600 thousand, compared with $10,842 thousand for the six months ended June 28, 2025.
  • Diluted EPS of $1.31: Diluted earnings per share for the six months ended July 4, 2026 were $1.31, adjusted to reflect a twenty percent Class B stock distribution to shareholders of record on June 15, 2026.
  • Total assets of $760.8 million: As of July 4, 2026, total assets were $760,844 thousand, compared with $706,678 thousand at December 31, 2025.
  • Long-term debt reduced to $310.3 million: Long-term debt stood at $310,319 thousand as of July 4, 2026, down from $334,451 thousand at December 31, 2025.
  • 43,009,064 shares outstanding: As of August 6, 2026, 43,009,064 shares were outstanding, consisting of 36,107,984 shares of common stock and 6,901,080 shares of Class B common stock, each at $0.01 par value.

Astronics Reports Sharply Higher Revenue and Earnings in First Half of 2026

According to the filing, Astronics Corporation (NASDAQ:ATRO) reported sales of $490,576 thousand for the six months ended July 4, 2026, compared with $410,614 thousand for the six months ended June 28, 2025. For the three months ended July 4, 2026, sales were $259,957 thousand, up from $204,678 thousand in the comparable prior-year quarter. Gross profit for the six-month period was $162,030 thousand, compared with $113,676 thousand a year earlier.

The company reported income from operations of $67,697 thousand for the six months ended July 4, 2026, versus $17,895 thousand for the same period in 2025. Net income for the six-month period was $60,600 thousand, compared with $10,842 thousand in the prior-year period. Basic earnings per share for the six months were $1.41 and diluted earnings per share were $1.31, both adjusted to reflect the twenty percent Class B stock distribution to shareholders of record on June 15, 2026. For the three months ended July 4, 2026, net income was $35,060 thousand, with diluted earnings per share of $0.75.

On the balance sheet, total current assets were $485,744 thousand as of July 4, 2026, including accounts receivable of $228,900 thousand and inventories of $220,065 thousand. Total shareholders' equity rose to $198,220 thousand from $140,074 thousand at December 31, 2025, the filing disclosed. Net cash provided by operating activities for the six months ended July 4, 2026 was $40,725 thousand, compared with $13,008 thousand for the prior-year period. Capital expenditures were $16,869 thousand for the six months ended July 4, 2026, versus $6,710 thousand in the comparable prior-year period.

What Was Disclosed

Astronics Corporation's Form 10-Q for the quarterly period ended July 4, 2026 disclosed consolidated income statements, balance sheets, and cash flow statements for the six and three months ended July 4, 2026, along with a twenty percent Class B stock distribution completed in June 2026.