Filing Flows › Astronics (ATRO) › Q1 2026 › vs Q1 2025
Astronics (ATRO) Q1 2026 vs Q1 2025 (year over year)
Astronics's revenue rose $24.7M (+12%) from $206M in Q1 2025 to $231M in Q1 2026. The biggest changes: Aerospace +$22.4M (+12%); Test Systems Segment +$2.2M (+15%). Gross margin 32.6% against 29.5% (+3.0 pts).
Astronics, Q1 2026: revenue $231M (+12% year over year), operating margin 11.8%, net earnings $25.5M, operating cash flow $10.6M. The chart draws each line against Q1 2025, the increases inside each band.
Margins
| Q1 2026 | Q1 2025 | Change | |
|---|---|---|---|
| Gross margin | 32.6% | 29.5% | +3.0 pts |
| Operating margin | 11.8% | 6.4% | +5.4 pts |
| Net margin | 11.1% | 4.6% | +6.4 pts |
Every line
| Line | Q1 2026 | Q1 2025 | Change | % |
|---|---|---|---|---|
| Aerospace | $214M | $191M | $22.4M | +12% |
| Test Systems Segment | $16.8M | $14.6M | $2.2M | +15% |
| Revenue | $231M | $206M | $24.7M | +12% |
| Gross profit | $75.1M | $60.8M | $14.3M | +23% |
| Cost of revenue | $155M | $145M | $10.4M | +7% |
| Operating profit | $27.2M | $13.1M | $14.1M | +107% |
| Operating expenses | $47.9M | $47.7M | $191K | +0.4% |
| Pre-tax earnings | $24.8M | $10.2M | $14.6M | +144% |
| Other expense, net | $2.4M | $3.0M | −$518K | -17% |
| Research & development | $12.1M | $11.1M | $1.0M | +9% |
| SG&A | $35.8M | $36.6M | −$831K | -2% |
| Income tax benefit | $755K | −$646K | $1.4M | — |
| Net earnings | $25.5M | $9.5M | $16.0M | +168% |
| Depreciation & amortization | $5.9M | $5.6M | $306K | +5% |
| Share-based compensation | $2.6M | $2.3M | $211K | +9% |
| Working capital & other | $23.4M | −$3.2M | $26.6M | — |
| Operating cash flow | $10.6M | $20.6M | −$10.0M | -49% |
| Capital expenditures | $11.2M | $2.1M | $9.1M | +430% |
| Negative free cash flow (OCF − capex) | $554K | −$18.5M | $19.1M | — |
Questions
How much did Astronics's revenue grow year over year in Q1 2026?
Astronics's revenue rose $24.7M (+12%) from $206M in Q1 2025 to $231M in Q1 2026.
What drove Astronics's revenue change in Q1 2026?
Aerospace +$22.4M (+12%); Test Systems Segment +$2.2M (+15%).