Filing Flows › Butler National (BUKS) › Q1 FY27 › vs Q1 FY26
Butler National (BUKS) Q1 FY27 vs Q1 FY26 (year over year)
Butler National's revenue rose $10.7M (+53%) from $20.1M in Q1 FY26 to $30.8M in Q1 FY27. The biggest changes: Aircraft Modification +$10.7M (+189%); Aircraft Avionics −$900K (-63%); Special Mission Electronics +$667K (+16%). Operating margin 24.1% against 23.2% (+0.9 pts).
Butler National, Q1 FY27: revenue $30.8M (+53% year over year), operating margin 24.1%, net earnings $5.3M, operating cash flow $4.6M. The chart draws each line against Q1 FY26, the increases inside each band.
Margins
| Q1 FY27 | Q1 FY26 | Change | |
|---|---|---|---|
| Operating margin | 24.1% | 23.2% | +0.9 pts |
| Net margin | 17.1% | 18.3% | -1.2 pts |
| Free cash flow margin | 8.9% | 65.9% | -57.0 pts |
Every line
| Line | Q1 FY27 | Q1 FY26 | Change | % |
|---|---|---|---|---|
| Casino Gaming Revenue | $6.8M | $6.5M | $358K | +6% |
| Casino Non-Gaming Revenue | $1.1M | $1.0M | $64K | +6% |
| Sports Wagering Revenue | $1.1M | $1.3M | −$192K | -15% |
| Gaming | $9.0M | $8.8M | $230K | +3% |
| Aircraft Modification | $16.3M | $5.6M | $10.7M | +189% |
| Special Mission Electronics | $4.9M | $4.2M | $667K | +16% |
| Aircraft Avionics | $537K | $1.4M | −$900K | -63% |
| Revenue | $30.8M | $20.1M | $10.7M | +53% |
| Operating profit | $7.4M | $4.7M | $2.8M | +59% |
| Costs & expenses | $23.4M | $15.5M | $7.9M | +51% |
| Pre-tax earnings | $7.2M | $4.3M | $2.9M | +67% |
| Other expense, net | $235K | $352K | −$117K | -33% |
| Research & development | $268K | $262K | $6K | +2% |
| Sales & marketing | $1.1M | $921K | $218K | +24% |
| Other operating costs | $21.9M | $14.3M | $7.7M | +54% |
| Net earnings | $5.3M | $3.7M | $1.6M | +43% |
| Income tax | $1.9M | $630K | $1.3M | +205% |
| Depreciation & amortization | $1.8M | $1.7M | $68K | +4% |
| Share-based compensation | $66K | $34K | $32K | +94% |
| Working capital & other | $2.5M | −$9.3M | $11.7M | — |
| Operating cash flow | $4.6M | $14.7M | −$10.1M | -68% |
| Free cash flow (OCF − capex) | $2.7M | $13.3M | −$10.5M | -79% |
| Capital expenditures | $1.9M | $1.4M | $452K | +31% |
Questions
How much did Butler National's revenue grow year over year in Q1 FY27?
Butler National's revenue rose $10.7M (+53%) from $20.1M in Q1 FY26 to $30.8M in Q1 FY27.
What drove Butler National's revenue change in Q1 FY27?
Aircraft Modification +$10.7M (+189%); Aircraft Avionics −$900K (-63%); Special Mission Electronics +$667K (+16%).