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Applied Aerospace & Defense (AADX) Q2 2026 earnings results (second quarter 2026)

10-Q filed Aug 12, 2026

Applied Aerospace & Defense (AADX) reported revenue of $167M for the second quarter 2026 (Q2 2026), +47% from a year earlier. Operating margin was -57.5%, net loss $154M (92.0% of revenue).

Revenue$167M
Year over year+47%
Quarter over quarter—
Operating margin-57.5%
Net earnings−$154M

Applied Aerospace & Defense, Q2 2026: revenue $167M (+47% year over year), operating margin -57.5%, net loss $154M. The chart follows the revenue to costs, profit and cash.

Q2 2026AmountQ/QY/Y
Revenue$167M—+47%
Operating profit−$96.2M——
Net earnings−$154M——

What changed

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.

Questions

What was Applied Aerospace & Defense's revenue in the second quarter 2026?

Applied Aerospace & Defense (AADX) reported revenue of $167M for the second quarter 2026 (Q2 2026), +47% from a year earlier.

Was Applied Aerospace & Defense profitable in the second quarter 2026?

Operating loss was $96.2M (-57.5% of revenue) and net loss $154M.

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Source: Applied Aerospace & Defense 10-Q on SEC EDGAR.