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Applied Aerospace & Defense (AADX) earnings and revenue breakdown
Latest: Q2 2026 · 10-Q filed Aug 12, 2026 · Applied Aerospace & Defense (AADX) Q2 2026 earnings results →
Q2 2026 Revenue up 47% year over year to $167M · 92¢ of every $1 of revenue lost · operating margin -57.5%
Applied Aerospace & Defense made $167M in Q2 2026 (+47% Y/Y): Defense Aviation and Airborne Systems $78.9M, C5ISR and Precision Strike Systems $49.6M, Space and Launch Systems $38.8M. Operating margin -57.5%, net loss $154M. See where every dollar goes — costs, profit and cash — as a Sankey from the 10-Q filed Aug 12, 2026.
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What changed this quarter
Revenue was $167.3M in Q2 2026, up 47% year over year. Defense Aviation and Airborne Systems was the largest line at 47% of revenue. C5ISR and Precision Strike Systems added $35.9M year over year (up 262%), 67% of the total change.
Gross margin was 22.2%, down 6.0 points from a year earlier. Operating costs exceeded revenue by $96.2M, an operating margin of -57.5%. Operating expenses grew 636% against revenue growth of 47%. The fastest-growing cost line was SG&A (+965%). The quarter ended with a net loss of $154.0M.
Quarterly history
| Quarter | Form | Filed | Revenue | Y/Y | Op. margin | Net earnings | Op. cash flow |
|---|---|---|---|---|---|---|---|
| Q2 2026 | 10-Q | Aug 12, 2026 | $167M | +47% | -57.5% | −$154M | — |
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🌏Named in Asian annual reportsinteractive
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🔄Rotation against the market and its industry (RRG)interactive
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⚖️Fair value by methodinteractive
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📈Investments: gains and what it boughtinteractive
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About Applied Aerospace & Defense
Applied Aerospace & Defense, Inc. is a premier provider of advanced design, engineering, and vertically integrated manufacturing solutions for leading and next-generation space and defense
In its own words, from its 8-K, filed Aug 12, 2026.
Applied Aerospace & Defense against its Aircraft Parts & Auxiliary Equipment, NEC peers
The largest companies of the same SEC industry, each at its latest quarter. Revenue growth: +47% against the peers' median +27%. Operating margin: -57.5% against the peers' median 15.7%.
| Company | Quarter | Revenue | Y/Y | Op. margin |
|---|---|---|---|---|
| AADX Applied Aerospace & Defense | Q2 2026 | $167M | +47% | -57.5% |
| TDG TransDigm Group | Q3 FY26 | $2.7B | +22% | 44.8% |
| ARXS Arxis | Q3 2026 | $564M | +36% | 23.7% |
| ATRO Astronics | Q2 2026 | $260M | +27% | 15.6% |
| DCO Ducommun | Q3 2026 | $227M | +6% | 11.4% |
| KRMN Karman Holdings | Q3 2026 | $202M | +66% | 15.7% |
| LOAR Loar Holdings | Q3 2026 | $176M | +39% | 26.2% |
| PKE Park Aerospace | Q2 FY27 | $20.8M | +27% | 22.8% |
| CVU CPI Aerostructures | Q2 2026 | $17.6M | +16% | 6.8% |
Source: Applied Aerospace & Defense 10-Q on SEC EDGAR · CIK 2118195 · Aircraft Parts & Auxiliary Equipment, NEC
13F: who owns AADX and who is buying
More on AADX
History
Every quarter: Q2 2026 results
Compare AADX with
- Applied Aerospace & Defense vs Karman Holdings (AADX vs KRMN)
- Applied Aerospace & Defense vs Loar Holdings (AADX vs LOAR)
- Applied Aerospace & Defense vs Ducommun (AADX vs DCO)
- Applied Aerospace & Defense vs Park Aerospace (AADX vs PKE)
- Applied Aerospace & Defense vs CPI Aerostructures (AADX vs CVU)
- Applied Aerospace & Defense vs Air Industries (AADX vs AIRI)