ASTRONICS CORPATROEarnings & Financial Report
Astronics Corporation is an American aerospace electronics corporation founded in 1968, headquartered in East Aurora, New York. It is traded on NASDAQ as Nasdaq: ATRO. It is known for lighting and electronics integrations on military, commercial, and business aircraft and semiconductor test systems.
Revenue
$185.1M
Gross Profit
$47.5M
Operating Profit
$1.7M
Net Profit
$-3.2M
Gross Margin
25.7%
Operating Margin
0.9%
Net Margin
-1.7%
YoY Growth
N/A
EPS
$-0.09
Financial Flow
ASTRONICS CORP Q1 2024 Financial Summary
ASTRONICS CORP reported revenue of $185.1M for Q1 2024, with a net profit of $-3.2M (-1.7% margin). Cost of goods sold was $137.6M, operating expenses totaled $45.8M.
Key Financial Metrics
| Total Revenue | $185.1M |
|---|---|
| Net Profit | $-3.2M |
| Gross Margin | 25.7% |
| Operating Margin | 0.9% |
| Report Period | Q1 2024 |
Revenue Breakdown
ASTRONICS CORP Q1 2024 revenue of $185.1M breaks down across 9 segments, led by Product Line Electrical Power And Motion at $83.1M (44.9% of total).
| Segment | Revenue | % of Total |
|---|---|---|
| Product Line Electrical Power And Motion | $83.1M | 44.9% |
| Product Line Avionics | $25.6M | 13.8% |
| Government And Defense | $21.4M | 11.6% |
| General Aviation | $19.6M | 10.6% |
| Military Aircraft | $17.1M | 9.2% |
| Product Line Other | $5.6M | 3.0% |
| Other | $5.2M | 2.8% |
| Product Line Systems Certification | $4.4M | 2.4% |
| Product Line Structures | $3.1M | 1.7% |
ASTRONICS CORP Revenue by Segment — Quarterly Trend
ASTRONICS CORP revenue by segment across the last 4 reported quarters, showing how each business line (such as Product Line Electrical Power And Motion and Product Line Avionics) has evolved quarter over quarter.
| Segment | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 |
|---|---|---|---|---|
| Product Line Electrical Power And Motion | $113.8M | $101.3M | $95.2M | $100.1M |
| Product Line Avionics | $32.0M | — | $37.0M | — |
| Government And Defense | $20.5M | $18.7M | $11.1M | $14.6M |
| General Aviation | $22.3M | — | $18.4M | — |
| Military Aircraft | $28.0M | $27.6M | $27.4M | $33.3M |
ASTRONICS CORP Annual Revenue by Year
ASTRONICS CORP annual revenue history includes year-by-year totals (for example, 2025 revenue was $862.1M).
| Year | Annual Revenue |
|---|---|
| 2025 | $862.1M |
| 2024 | $795.4M |
ASTRONICS CORP Quarterly Revenue & Net Profit History
ASTRONICS CORP results over the last 8 reported quarters, including revenue, net profit and year-over-year growth.
| Quarter | Revenue | Revenue YoY | Net Profit | Net Margin |
|---|---|---|---|---|
| Q4 2025 | $240.1M | +15.1% | N/A | N/A |
| Q3 2025 | $211.4M | +3.8% | $-11.1M | -5.2% |
| Q2 2025 | $204.7M | +3.3% | $1.3M | 0.6% |
| Q1 2025 | $205.9M | +11.3% | $9.5M | 4.6% |
| Q4 2024 | $208.5M | +19.5% | N/A | N/A |
| Q3 2024 | $203.7M | +25.0% | $-11.7M | -5.8% |
| Q2 2024 | $198.1M | +26.6% | $1.5M | 0.8% |
| Q1 2024 | $185.1M | — | $-3.2M | -1.7% |
Income Statement
| Q1 2024 | Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | $185.1M | $198.1M | $203.7M | $208.5M | $205.9M | $204.7M | $211.4M | $240.1M |
| YoY Growth | N/A | 26.6% | 25.0% | 19.5% | 11.3% | 3.3% | 3.8% | 15.1% |
Balance Sheet
| Q1 2024 | Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | |
|---|---|---|---|---|---|---|---|---|
| Assets | $630.0M | $644.9M | $651.6M | $648.8M | $662.2M | $646.7M | $682.2M | $706.7M |
| Liabilities | $378.2M | $387.0M | $402.4M | $392.7M | $395.5M | $375.1M | $573.3M | $566.6M |
| Equity | $251.7M | $257.9M | $249.2M | $256.1M | $266.8M | $271.6M | $108.9M | $140.1M |
Cash Flow
| Q1 2024 | Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | |
|---|---|---|---|---|---|---|---|---|
| Operating CF | $2.0M | $-6.3M | $8.4M | $26.4M | $20.6M | $-7.6M | $34.2M | $27.6M |