LOAR Q1 2024 Earnings — Loar Holdings Inc. Revenue & Financial Results | Market Cap Arena

LOARLoar Holdings Inc.

$6B

Q1 2024 Earnings

Industrials Aerospace & Defense

Income Statement

Revenue

$92M+23.7% YoY

Gross Profit

$44M48.4% margin

Operating Income

$21M23.3% margin

Net Income

$2M2.4% margin

EPS (Diluted)

$0.03

QoQ Revenue Growth

+6.3%

Cash Flow

Operating Cash Flow

$11M

Free Cash Flow

$8M

Stock-Based Comp.

$87,000

Balance Sheet

Total Assets

$1.1B

Total Liabilities

$633M

Stockholders' Equity

$421M

Cash & Equivalents

$28M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$92M	$74M	+23.7%
Gross Profit	$44M	$36M	+23.3%
Operating Income	$21M	$17M	+25.2%
Net Income	$2M	-$8M	+129.9%

Revenue Segments

Commercial Aerospace

$41M62%

Defense

$17M25%

Product and Service, Other

$8M12%