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Side-by-side financial comparison of ASTRONICS CORP (ATRO) and XPLR Infrastructure, LP (XIFR). Click either name above to swap in a different company.
XPLR Infrastructure, LP is the larger business by last-quarter revenue ($249.0M vs $240.1M, roughly 1.0× ASTRONICS CORP). On growth, ASTRONICS CORP posted the faster year-over-year revenue change (15.1% vs -15.3%). ASTRONICS CORP produced more free cash flow last quarter ($15.8M vs $-88.0M). Over the past eight quarters, ASTRONICS CORP's revenue compounded faster (13.9% CAGR vs -1.6%).
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.
XPLR Infrastructure is a publicly traded subsidiary of NextEra Energy, is a Juno Beach, Florida-based renewable energy company.
ATRO vs XIFR — Head-to-Head
Income Statement — Q4 FY2025 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $240.1M | $249.0M |
| Net Profit | — | $28.0M |
| Gross Margin | 33.3% | — |
| Operating Margin | 14.8% | -19.3% |
| Net Margin | — | 11.2% |
| Revenue YoY | 15.1% | -15.3% |
| Net Profit YoY | — | 124.3% |
| EPS (diluted) | $0.82 | — |
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.
| Q4 25 | $240.1M | $249.0M | ||
| Q3 25 | $211.4M | $315.0M | ||
| Q2 25 | $204.7M | $342.0M | ||
| Q1 25 | $205.9M | $282.0M | ||
| Q4 24 | $208.5M | $294.0M | ||
| Q3 24 | $203.7M | $319.0M | ||
| Q2 24 | $198.1M | $360.0M | ||
| Q1 24 | $185.1M | $257.0M |
| Q4 25 | — | $28.0M | ||
| Q3 25 | $-11.1M | $-37.0M | ||
| Q2 25 | $1.3M | $79.0M | ||
| Q1 25 | $9.5M | $-98.0M | ||
| Q4 24 | — | $-115.0M | ||
| Q3 24 | $-11.7M | $-40.0M | ||
| Q2 24 | $1.5M | $62.0M | ||
| Q1 24 | $-3.2M | $70.0M |
| Q4 25 | 33.3% | — | ||
| Q3 25 | 30.5% | — | ||
| Q2 25 | 25.8% | — | ||
| Q1 25 | 29.5% | — | ||
| Q4 24 | 29.8% | — | ||
| Q3 24 | 27.1% | — | ||
| Q2 24 | 28.0% | — | ||
| Q1 24 | 25.7% | — |
| Q4 25 | 14.8% | -19.3% | ||
| Q3 25 | 10.9% | 1.6% | ||
| Q2 25 | 2.3% | 26.3% | ||
| Q1 25 | 6.4% | -82.6% | ||
| Q4 24 | 4.3% | -188.1% | ||
| Q3 24 | 4.1% | 15.4% | ||
| Q2 24 | 3.8% | 18.3% | ||
| Q1 24 | 0.9% | -8.2% |
| Q4 25 | — | 11.2% | ||
| Q3 25 | -5.2% | -11.7% | ||
| Q2 25 | 0.6% | 23.1% | ||
| Q1 25 | 4.6% | -34.8% | ||
| Q4 24 | — | -39.1% | ||
| Q3 24 | -5.8% | -12.5% | ||
| Q2 24 | 0.8% | 17.2% | ||
| Q1 24 | -1.7% | 27.2% |
| Q4 25 | $0.82 | — | ||
| Q3 25 | $-0.31 | $-0.40 | ||
| Q2 25 | $0.04 | $0.84 | ||
| Q1 25 | $0.26 | $-1.05 | ||
| Q4 24 | $-0.07 | — | ||
| Q3 24 | $-0.34 | $-0.43 | ||
| Q2 24 | $0.04 | $0.66 | ||
| Q1 24 | $-0.09 | $0.75 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $18.2M | $960.0M |
| Total DebtLower is stronger | — | $6.2B |
| Stockholders' EquityBook value | $140.1M | $10.9B |
| Total Assets | $706.7M | $19.6B |
| Debt / EquityLower = less leverage | — | 0.57× |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $18.2M | $960.0M | ||
| Q3 25 | $13.5M | $711.0M | ||
| Q2 25 | $13.5M | $880.0M | ||
| Q1 25 | $24.8M | $1.5B | ||
| Q4 24 | $9.3M | $283.0M | ||
| Q3 24 | $5.2M | $290.0M | ||
| Q2 24 | $2.9M | $281.0M | ||
| Q1 24 | $5.3M | $245.0M |
| Q4 25 | — | $6.2B | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | $5.3B | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
| Q4 25 | $140.1M | $10.9B | ||
| Q3 25 | $108.9M | $11.0B | ||
| Q2 25 | $271.6M | $11.3B | ||
| Q1 25 | $266.8M | $12.6B | ||
| Q4 24 | $256.1M | $12.9B | ||
| Q3 24 | $249.2M | $13.6B | ||
| Q2 24 | $257.9M | $13.9B | ||
| Q1 24 | $251.7M | $14.0B |
| Q4 25 | $706.7M | $19.6B | ||
| Q3 25 | $682.2M | $19.1B | ||
| Q2 25 | $646.7M | $20.5B | ||
| Q1 25 | $662.2M | $21.4B | ||
| Q4 24 | $648.8M | $20.3B | ||
| Q3 24 | $651.6M | $20.9B | ||
| Q2 24 | $644.9M | $21.7B | ||
| Q1 24 | $630.0M | $22.3B |
| Q4 25 | — | 0.57× | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | 0.41× | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
Cash Flow & Capital Efficiency
How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.
| Metric | | |
|---|---|---|
| Operating Cash FlowLast quarter | $27.6M | $186.0M |
| Free Cash FlowOCF − Capex | $15.8M | $-88.0M |
| FCF MarginFCF / Revenue | 6.6% | -35.3% |
| Capex IntensityCapex / Revenue | 4.9% | 110.0% |
| Cash ConversionOCF / Net Profit | — | 6.64× |
| TTM Free Cash FlowTrailing 4 quarters | $43.1M | $-219.0M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $27.6M | $186.0M | ||
| Q3 25 | $34.2M | $231.0M | ||
| Q2 25 | $-7.6M | $232.0M | ||
| Q1 25 | $20.6M | $90.0M | ||
| Q4 24 | $26.4M | $283.0M | ||
| Q3 24 | $8.4M | $208.0M | ||
| Q2 24 | $-6.3M | $231.0M | ||
| Q1 24 | $2.0M | $78.0M |
| Q4 25 | $15.8M | $-88.0M | ||
| Q3 25 | $21.0M | $-283.0M | ||
| Q2 25 | $-12.2M | $151.0M | ||
| Q1 25 | $18.5M | $1.0M | ||
| Q4 24 | $23.2M | $231.0M | ||
| Q3 24 | $6.5M | $152.0M | ||
| Q2 24 | $-8.1M | $162.0M | ||
| Q1 24 | $439.0K | $14.0M |
| Q4 25 | 6.6% | -35.3% | ||
| Q3 25 | 9.9% | -89.8% | ||
| Q2 25 | -6.0% | 44.2% | ||
| Q1 25 | 9.0% | 0.4% | ||
| Q4 24 | 11.1% | 78.6% | ||
| Q3 24 | 3.2% | 47.6% | ||
| Q2 24 | -4.1% | 45.0% | ||
| Q1 24 | 0.2% | 5.4% |
| Q4 25 | 4.9% | 110.0% | ||
| Q3 25 | 6.2% | 163.2% | ||
| Q2 25 | 2.2% | 23.7% | ||
| Q1 25 | 1.0% | 31.6% | ||
| Q4 24 | 1.5% | 17.7% | ||
| Q3 24 | 0.9% | 17.6% | ||
| Q2 24 | 0.9% | 19.2% | ||
| Q1 24 | 0.9% | 24.9% |
| Q4 25 | — | 6.64× | ||
| Q3 25 | — | — | ||
| Q2 25 | -5.81× | 2.94× | ||
| Q1 25 | 2.17× | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | -4.08× | 3.73× | ||
| Q1 24 | — | 1.11× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
ATRO
| Product Line Electrical Power And Motion | $113.8M | 47% |
| Product Line Avionics | $32.0M | 13% |
| Military Aircraft | $28.0M | 12% |
| General Aviation | $22.3M | 9% |
| Government And Defense | $20.5M | 9% |
| Product Line Systems Certification | $13.2M | 6% |
| Product Line Structures | $3.7M | 2% |
| Product Line Other | $2.3M | 1% |
XIFR
| Renewable Energy Sales | $238.0M | 96% |
| Related Party | $8.0M | 3% |
