Filing Flows › Astronics (ATRO) › Q3 2025
Astronics (ATRO) Q3 2025 earnings results (third quarter 2025)
10-Q filed Nov 6, 2025
Astronics (ATRO) reported revenue of $211M for the third quarter 2025 (Q3 2025), +4% from a year earlier and +3% from the quarter before. Operating margin was 10.9%, net loss $11.1M (5.2% of revenue).
Astronics, Q3 2025: revenue $211M (+4% year over year), operating margin 10.9%, net loss $11.1M, operating cash flow $34.2M. The chart follows the revenue to costs, profit and cash.
| Q3 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $211M | +3% | +4% |
| Operating profit | $23.1M | +385% | — |
| Net earnings | −$11.1M | -945% | — |
| Operating cash flow | $34.2M | — | +308% |
| Free cash flow | $21.0M | — | +222% |
What changed
Revenue was $211.4M in Q3 2025, up 4% year over year and up 3% from the previous quarter. Aerospace was the largest line at 91% of revenue. Aerospace added $15.2M year over year (up 9%), 196% of the total change. Test Systems Segment declined 28%.
Gross margin was 30.5%, up 3.4 points from a year earlier. Operating profit was $23.1M, a 10.9% margin (up 6.8 points year over year). Of the extra revenue versus a year earlier, 189% reached operating profit, above the 4% margin then. Operating expenses fell 12% while revenue rose 4%. The quarter ended with a net loss of $11.1M, after a profit of $1.3M the previous quarter. Net interest and other expense of $35.4M was the main reason.
Operating cash flow was $34.2M (up 308% year over year). Non-cash charges added back $5.2M of depreciation and amortization and $1.4M of share-based compensation. Working capital and other items added $38.7M. Capital expenditures of $13.2M left free cash flow of $21.0M.
Questions
What was Astronics' revenue in the third quarter 2025?
Astronics (ATRO) reported revenue of $211M for the third quarter 2025 (Q3 2025), +4% from a year earlier and +3% from the quarter before.
Was Astronics profitable in the third quarter 2025?
Operating profit was $23.1M (10.9% of revenue) and net loss $11.1M.
Source: Astronics 10-Q on SEC EDGAR.