Filing Flows › Astronics (ATRO) › Q2 2025
Astronics (ATRO) Q2 2025 earnings results (second quarter 2025)
10-Q filed Aug 7, 2025
Astronics (ATRO) reported revenue of $205M for the second quarter 2025 (Q2 2025), +3% from a year earlier and -0.6% from the quarter before. Operating margin was 2.3%, net earnings $1.3M (0.6% of revenue).
Astronics, Q2 2025: revenue $205M (+3% year over year), operating margin 2.3%, net earnings $1.3M, operating cash flow −$7.6M. The chart follows the revenue to costs, profit and cash.
| Q2 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $205M | -0.6% | +3% |
| Gross profit | $52.8M | -13% | -5% |
| Operating profit | $4.8M | -64% | -37% |
| Net earnings | $1.3M | -86% | -14% |
| Operating cash flow | −$7.6M | -137% | — |
What changed
Revenue was $204.7M in Q2 2025, up 3% year over year and down 1% from the previous quarter. Aerospace was the largest line at 95% of revenue. Aerospace added $16.7M year over year (up 9%), 254% of the total change. Test Systems Segment declined 48%.
Gross margin was 25.8%, down 2.2 points from a year earlier. Operating profit was $4.8M, a 2.3% margin (down 1.5 points year over year). Operating profit fell $2.8M even though revenue rose $6.6M versus a year earlier, so costs grew faster than sales. Operating expenses grew 0% against revenue growth of 3%. Net earnings were $1.3M, down 14% year over year. The effective tax rate was 29.0%.
Operating cash flow was −$7.6M. Non-cash charges added back $5.4M of depreciation and amortization and $1.6M of share-based compensation. Working capital and other items used $15.9M. Capital expenditures of $4.6M exceeded it, leaving free cash flow of −$12.2M.
Questions
What was Astronics' revenue in the second quarter 2025?
Astronics (ATRO) reported revenue of $205M for the second quarter 2025 (Q2 2025), +3% from a year earlier and -0.6% from the quarter before.
Was Astronics profitable in the second quarter 2025?
Operating profit was $4.8M (2.3% of revenue) and net earnings $1.3M.
Source: Astronics 10-Q on SEC EDGAR.