Filing Flows › Astronics (ATRO) › Q2 2026 › vs Q1 2026
Astronics (ATRO) Q2 2026 vs Q1 2026 (quarter over quarter)
Astronics's revenue rose $29.3M (+13%) from $231M in Q1 2026 to $260M in Q2 2026. The biggest changes: Aerospace +$23.5M (+11%); Test Systems Segment +$5.9M (+35%). Gross margin 33.4% against 32.6% (+0.8 pts).
Astronics, Q2 2026: revenue $260M (+27% year over year), operating margin 15.6%, net earnings $35.1M, operating cash flow $30.1M. The chart draws each line against Q1 2026, the increases inside each band.
Margins
| Q2 2026 | Q1 2026 | Change | |
|---|---|---|---|
| Gross margin | 33.4% | 32.6% | +0.8 pts |
| Operating margin | 15.6% | 11.8% | +3.8 pts |
| Net margin | 13.5% | 11.1% | +2.4 pts |
| Free cash flow margin | 9.4% | -0.2% | +9.6 pts |
Every line
| Line | Q2 2026 | Q1 2026 | Change | % |
|---|---|---|---|---|
| Aerospace | $237M | $214M | $23.5M | +11% |
| Test Systems Segment | $22.7M | $16.8M | $5.9M | +35% |
| Revenue | $260M | $231M | $29.3M | +13% |
| Gross profit | $86.9M | $75.1M | $11.8M | +16% |
| Cost of revenue | $173M | $155M | $17.6M | +11% |
| Operating profit | $40.5M | $27.2M | $13.2M | +49% |
| Operating expenses | $46.4M | $47.9M | −$1.5M | -3% |
| Pre-tax earnings | $37.9M | $24.8M | $13.1M | +53% |
| Other expense, net | $2.6M | $2.4M | $168K | +7% |
| Research & development | $10.9M | $12.1M | −$1.2M | -10% |
| SG&A | $35.6M | $35.8M | −$253K | -0.7% |
| Net earnings | $35.1M | $25.5M | $9.5M | +37% |
| Income tax | $2.8M | −$755K | $3.5M | — |
| Depreciation & amortization | $6.3M | $5.9M | $447K | +8% |
| Share-based compensation | $2.3M | $2.6M | −$293K | -11% |
| Working capital & other | $13.5M | $23.4M | −$9.8M | -42% |
| Operating cash flow | $30.1M | $10.6M | $19.5M | +184% |
| Free cash flow (OCF − capex) | $24.4M | −$554K | $25.0M | — |
| Capital expenditures | $5.7M | $11.2M | −$5.5M | -49% |
Questions
How much did Astronics's revenue grow quarter over quarter in Q2 2026?
Astronics's revenue rose $29.3M (+13%) from $231M in Q1 2026 to $260M in Q2 2026.
What drove Astronics's revenue change in Q2 2026?
Aerospace +$23.5M (+11%); Test Systems Segment +$5.9M (+35%).