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Side-by-side financial comparison of ASTRONICS CORP (ATRO) and WORKIVA INC (WK). Click either name above to swap in a different company.

ASTRONICS CORP is the larger business by last-quarter revenue ($240.1M vs $238.9M, roughly 1.0× WORKIVA INC). On growth, WORKIVA INC posted the faster year-over-year revenue change (19.5% vs 15.1%). WORKIVA INC produced more free cash flow last quarter ($50.7M vs $15.8M). Over the past eight quarters, WORKIVA INC's revenue compounded faster (16.6% CAGR vs 13.9%).

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.

Workiva, Inc. is a global software-as-a-service (SaaS) company. It provides a cloud-based connected and reporting compliance platform that enables the use of connected data and automation of reporting across finance, accounting, risk, and compliance.

ATRO vs WK — Head-to-Head

Bigger by revenue
ATRO
ATRO
1.0× larger
ATRO
$240.1M
$238.9M
WK
Growing faster (revenue YoY)
WK
WK
+4.4% gap
WK
19.5%
15.1%
ATRO
More free cash flow
WK
WK
$34.9M more FCF
WK
$50.7M
$15.8M
ATRO
Faster 2-yr revenue CAGR
WK
WK
Annualised
WK
16.6%
13.9%
ATRO

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
ATRO
ATRO
WK
WK
Revenue
$240.1M
$238.9M
Net Profit
$11.8M
Gross Margin
33.3%
80.7%
Operating Margin
14.8%
3.3%
Net Margin
4.9%
Revenue YoY
15.1%
19.5%
Net Profit YoY
234.0%
EPS (diluted)
$0.82
$0.21

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
ATRO
ATRO
WK
WK
Q4 25
$240.1M
$238.9M
Q3 25
$211.4M
$224.2M
Q2 25
$204.7M
$215.2M
Q1 25
$205.9M
$206.3M
Q4 24
$208.5M
$199.9M
Q3 24
$203.7M
$185.6M
Q2 24
$198.1M
$177.5M
Q1 24
$185.1M
$175.7M
Net Profit
ATRO
ATRO
WK
WK
Q4 25
$11.8M
Q3 25
$-11.1M
$2.8M
Q2 25
$1.3M
$-19.4M
Q1 25
$9.5M
$-21.4M
Q4 24
$-8.8M
Q3 24
$-11.7M
$-17.0M
Q2 24
$1.5M
$-17.5M
Q1 24
$-3.2M
$-11.7M
Gross Margin
ATRO
ATRO
WK
WK
Q4 25
33.3%
80.7%
Q3 25
30.5%
79.3%
Q2 25
25.8%
77.0%
Q1 25
29.5%
76.6%
Q4 24
29.8%
77.1%
Q3 24
27.1%
76.5%
Q2 24
28.0%
76.8%
Q1 24
25.7%
76.4%
Operating Margin
ATRO
ATRO
WK
WK
Q4 25
14.8%
3.3%
Q3 25
10.9%
-1.5%
Q2 25
2.3%
-10.3%
Q1 25
6.4%
-12.0%
Q4 24
4.3%
-6.7%
Q3 24
4.1%
-11.7%
Q2 24
3.8%
-13.0%
Q1 24
0.9%
-10.4%
Net Margin
ATRO
ATRO
WK
WK
Q4 25
4.9%
Q3 25
-5.2%
1.2%
Q2 25
0.6%
-9.0%
Q1 25
4.6%
-10.4%
Q4 24
-4.4%
Q3 24
-5.8%
-9.2%
Q2 24
0.8%
-9.9%
Q1 24
-1.7%
-6.7%
EPS (diluted)
ATRO
ATRO
WK
WK
Q4 25
$0.82
$0.21
Q3 25
$-0.31
$0.05
Q2 25
$0.04
$-0.35
Q1 25
$0.26
$-0.38
Q4 24
$-0.07
$-0.15
Q3 24
$-0.34
$-0.31
Q2 24
$0.04
$-0.32
Q1 24
$-0.09
$-0.21

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
ATRO
ATRO
WK
WK
Cash + ST InvestmentsLiquidity on hand
$18.2M
$338.8M
Total DebtLower is stronger
Stockholders' EquityBook value
$140.1M
$-5.4M
Total Assets
$706.7M
$1.5B
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
ATRO
ATRO
WK
WK
Q4 25
$18.2M
$338.8M
Q3 25
$13.5M
$315.9M
Q2 25
$13.5M
$284.3M
Q1 25
$24.8M
$242.0M
Q4 24
$9.3M
$301.8M
Q3 24
$5.2M
$248.2M
Q2 24
$2.9M
$267.9M
Q1 24
$5.3M
$296.1M
Stockholders' Equity
ATRO
ATRO
WK
WK
Q4 25
$140.1M
$-5.4M
Q3 25
$108.9M
$-36.9M
Q2 25
$271.6M
$-66.5M
Q1 25
$266.8M
$-75.7M
Q4 24
$256.1M
$-41.7M
Q3 24
$249.2M
$-50.8M
Q2 24
$257.9M
$-77.7M
Q1 24
$251.7M
$-83.2M
Total Assets
ATRO
ATRO
WK
WK
Q4 25
$706.7M
$1.5B
Q3 25
$682.2M
$1.4B
Q2 25
$646.7M
$1.3B
Q1 25
$662.2M
$1.3B
Q4 24
$648.8M
$1.4B
Q3 24
$651.6M
$1.3B
Q2 24
$644.9M
$1.2B
Q1 24
$630.0M
$1.2B

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
ATRO
ATRO
WK
WK
Operating Cash FlowLast quarter
$27.6M
$51.0M
Free Cash FlowOCF − Capex
$15.8M
$50.7M
FCF MarginFCF / Revenue
6.6%
21.2%
Capex IntensityCapex / Revenue
4.9%
0.1%
Cash ConversionOCF / Net Profit
4.31×
TTM Free Cash FlowTrailing 4 quarters
$43.1M
$138.0M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
ATRO
ATRO
WK
WK
Q4 25
$27.6M
$51.0M
Q3 25
$34.2M
$46.2M
Q2 25
$-7.6M
$50.3M
Q1 25
$20.6M
$-7.4M
Q4 24
$26.4M
$44.0M
Q3 24
$8.4M
$18.9M
Q2 24
$-6.3M
$-14.0K
Q1 24
$2.0M
$24.8M
Free Cash Flow
ATRO
ATRO
WK
WK
Q4 25
$15.8M
$50.7M
Q3 25
$21.0M
$46.1M
Q2 25
$-12.2M
$49.3M
Q1 25
$18.5M
$-8.1M
Q4 24
$23.2M
$43.2M
Q3 24
$6.5M
$18.7M
Q2 24
$-8.1M
$-122.0K
Q1 24
$439.0K
$24.6M
FCF Margin
ATRO
ATRO
WK
WK
Q4 25
6.6%
21.2%
Q3 25
9.9%
20.5%
Q2 25
-6.0%
22.9%
Q1 25
9.0%
-3.9%
Q4 24
11.1%
21.6%
Q3 24
3.2%
10.1%
Q2 24
-4.1%
-0.1%
Q1 24
0.2%
14.0%
Capex Intensity
ATRO
ATRO
WK
WK
Q4 25
4.9%
0.1%
Q3 25
6.2%
0.0%
Q2 25
2.2%
0.5%
Q1 25
1.0%
0.4%
Q4 24
1.5%
0.4%
Q3 24
0.9%
0.1%
Q2 24
0.9%
0.1%
Q1 24
0.9%
0.1%
Cash Conversion
ATRO
ATRO
WK
WK
Q4 25
4.31×
Q3 25
16.57×
Q2 25
-5.81×
Q1 25
2.17×
Q4 24
Q3 24
Q2 24
-4.08×
Q1 24

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

ATRO
ATRO

Product Line Electrical Power And Motion$113.8M47%
Product Line Avionics$32.0M13%
Military Aircraft$28.0M12%
General Aviation$22.3M9%
Government And Defense$20.5M9%
Product Line Systems Certification$13.2M6%
Product Line Structures$3.7M2%
Product Line Other$2.3M1%

WK
WK

License And Service$219.3M92%
XBRL Professional Services$16.4M7%
Other Services$3.2M1%

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