ATRO (Astronics Corporation) Stock Financials & Earnings | Market Cap Arena

ATRO (Astronics Corporation) Stock Financials & Earnings | Market Cap Arena

ATROAstronics Corporation

Mkt Cap$3B

Industrials·Aerospace & Defense·🇺🇸 United States·NASDAQ

Revenue (TTM)$862M

Net Income (TTM)$29M

EPS (TTM)$0.77

Free Cash Flow (TTM)$44M

Gross Margin29.9%

Op. Margin8.9%

Net Margin3.4%

FCF Margin5.1%

P/S Ratio (TTM)3.1x

P/E Ratio (TTM)91.3x

YoY Rev Growth+8.4%

Employees—

Earnings Reports

Revenue & Profitability

Quarter	Revenue	Gross Profit	Op. Income
Q1 23	$157M	$28M	-$2M
Q2 23	$174M	$33M	$2M
Q3 23	$494M	$81M	-$14M
Q4 23	$195M	$40M	$8M
Q1 24	$185M	$48M	$2M
Q2 24	$198M	$56M	$8M
Q3 24	$204M	$43M	$8M
Q4 24	$209M	$50M	$9M
Q1 25	$206M	$61M	$13M
Q2 25	$205M	$53M	$5M
Q3 25	$211M	$65M	$23M
Q4 25	$240M	$80M	$35M

Revenue Breakdown

Valuation

Quarter	P/S	P/E
Q1 23	4.7x	—
Q2 23	4.3x	—
Q3 23	2.7x	—
Q4 23	2.6x	—
Q1 24	2.6x	—
Q2 24	2.5x	—
Q3 24	3.4x	—
Q4 24	3.4x	—
Q1 25	3.3x	—
Q2 25	3.3x	—
Q3 25	3.2x	—
Q4 25	3.1x	91.3x

Operating Cash Flow

Quarter	Operating CF	Free CF
Q1 23	-$19M	-$21M
Q2 23	-$2M	-$4M
Q3 23	-$1M	-$3M
Q4 23	-$2M	-$3M
Q1 24	$2M	$439K
Q2 24	-$6M	-$8M
Q3 24	$8M	$7M
Q4 24	$26M	$23M
Q1 25	$21M	$19M
Q2 25	-$8M	-$12M
Q3 25	$35M	$22M
Q4 25	$28M	$16M

Capital Expenditures

CapEx

Quarter	CapEx
Q1 23	$2M
Q2 23	$2M
Q3 23	$2M
Q4 23	$2M
Q1 24	$2M
Q2 24	$2M
Q3 24	$2M
Q4 24	$3M
Q1 25	$2M
Q2 25	$5M
Q3 25	$13M
Q4 25	$12M

OpEx vs Revenue Growth (YoY)

Quarter	Revenue Growth	OpEx Growth
Q1 23	+34.7%	+32.0%
Q2 23	+35.1%	+25.1%
Q3 23	+275.8%	+248.8%
Q4 23	+23.5%	+16.2%
Q1 24	+18.2%	+15.4%
Q2 24	+13.6%	+10.8%
Q3 24	-58.8%	-61.6%
Q4 24	+6.8%	+6.5%
Q1 25	+11.3%	+5.1%
Q2 25	+3.3%	+4.9%
Q3 25	+3.8%	-3.5%
Q4 25	+15.1%	+2.5%

Stock-Based Compensation

Quarter	SBC ($)	% of Revenue
Q1 23	$2M	1.5%
Q2 23	$2M	0.9%
Q3 23	$2M	0.3%
Q4 23	$6M	3.0%
Q1 24	$3M	1.5%
Q2 24	$2M	0.9%
Q3 24	$2M	0.9%
Q4 24	$2M	1.0%
Q1 25	$2M	1.1%
Q2 25	$2M	0.8%
Q3 25	$0	0.0%
Q4 25	$1M	0.6%

OpEx Breakdown

Quarter	R&D	SG&A
Q1 23	—	$30M
Q2 23	—	$30M
Q3 23	—	$95M
Q4 23	—	$32M
Q1 24	$13M	$33M
Q2 24	$14M	$34M
Q3 24	—	$34M
Q4 24	—	$41M
Q1 25	$11M	$37M
Q2 25	$12M	$36M
Q3 25	$10M	$31M
Q4 25	$11M	$34M

Revenue Segments

Quarter	Aerospace Segment	Test Systems Segment
Q1 24	$164M	$21M
Q2 24	$177M	$21M
Q3 24	$178M	$26M
Q4 24	$188M	$20M
Q1 25	$191M	$15M
Q2 25	$194M	$11M

War Chest

Quarter	Cash	Short-term Investments	Total
Q1 23	$6M	$0	$6M
Q2 23	$4M	$0	$4M
Q3 23	$8M	$0	$8M
Q4 23	$11M	$0	$11M
Q1 24	$7M	$0	$7M
Q2 24	$4M	$0	$4M
Q3 24	$6M	$0	$6M
Q4 24	$9M	$0	$9M
Q1 25	$25M	$0	$25M
Q2 25	$13M	$0	$13M
Q3 25	$13M	$0	$13M
Q4 25	$18M	$0	$18M

Shares Outstanding

Shares Outstanding

Quarter	Shares (Diluted)	QoQ Change
Q1 23	33M	+0.3%
Q2 23	33M	+0.3%
Q3 23	35M	+7.2%
Q4 23	35M	-0.2%
Q1 24	35M	-0.0%
Q2 24	38M	+9.9%
Q3 24	35M	-8.6%
Q4 24	35M	+1.1%
Q1 25	43M	+21.3%
Q2 25	36M	-15.3%
Q3 25	35M	-2.6%
Q4 25	38M	+8.6%

Revenue Per Employee

Revenue / Employee

Year	Revenue/Employee	Employees
FY 14	$331K	2K
FY 15	$301K	2K
FY 16	$275K	2K
FY 17	$250K	3K
FY 18	$298K	3K
FY 19	$276K	3K
FY 20	$228K	2K
FY 21	$212K	2K
FY 22	$223K	2K
FY 23	$276K	3K
FY 24	$318K	3K
FY 25	$319K	3K