LOAR Q2 2024 Earnings — Loar Holdings Inc. Revenue & Financial Results | Market Cap Arena

LOARLoar Holdings Inc.

$6B

Q2 2024 Earnings

Industrials Aerospace & Defense

Income Statement

Revenue

$97M+31.1% YoY

Gross Profit

$48M49.0% margin

Operating Income

$22M22.9% margin

Net Income

$8M7.9% margin

EPS (Diluted)

$0.09

QoQ Revenue Growth

+5.6%

Cash Flow

Operating Cash Flow

$7M

Free Cash Flow

$5M

Stock-Based Comp.

$4M

Balance Sheet

Total Assets

$1.1B

Total Liabilities

$342M

Stockholders' Equity

$758M

Cash & Equivalents

$73M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$97M	$74M	+31.1%
Gross Profit	$48M	$37M	+26.8%
Operating Income	$22M	$18M	+25.9%
Net Income	$8M	$623,000	+1126.5%

Revenue Segments

Commercial Aerospace

$41M59%

Defense

$21M30%

Product and Service, Other

$8M11%