Filing Flows › CPI Aerostructures (CVU) › Q2 2026 › vs Q1 2026
CPI Aerostructures (CVU) Q2 2026 vs Q1 2026 (quarter over quarter)
CPI Aerostructures's revenue rose $222K (+1%) from $17.4M in Q1 2026 to $17.6M in Q2 2026. The biggest changes: Prime government contracts −$1.0M (-59%); Government subcontracts +$661K (+5%); Commercial contracts +$608K (+66%). Gross margin 22.0% against 25.8% (-3.8 pts).
CPI Aerostructures, Q2 2026: revenue $17.6M (+16% year over year), operating margin 6.8%, net earnings $686K, operating cash flow −$1K. The chart draws each line against Q1 2026, the increases inside each band.
Margins
| Q2 2026 | Q1 2026 | Change | |
|---|---|---|---|
| Gross margin | 22.0% | 25.8% | -3.8 pts |
| Operating margin | 6.8% | 10.5% | -3.7 pts |
| Net margin | 3.9% | 7.1% | -3.2 pts |
Every line
| Line | Q2 2026 | Q1 2026 | Change | % |
|---|---|---|---|---|
| Government subcontracts | $15.3M | $14.7M | $661K | +5% |
| Commercial contracts | $1.5M | $917K | $608K | +66% |
| Prime government contracts | $716K | $1.8M | −$1.0M | -59% |
| Revenue | $17.6M | $17.4M | $222K | +1% |
| Gross profit | $3.9M | $4.5M | −$608K | -14% |
| Cost of revenue | $13.7M | $12.9M | $830K | +6% |
| Operating profit | $1.2M | $1.8M | −$634K | -35% |
| Operating expenses | $2.7M | $2.7M | $26K | +1% |
| Pre-tax earnings | $883K | $1.6M | −$685K | -44% |
| Other expense, net | $313K | $262K | $51K | +20% |
| Net earnings | $686K | $1.2M | −$551K | -45% |
| Income tax | $197K | $331K | −$134K | -40% |
| Operating cash sources | $859K | $1.9M | −$1.1M | -56% |
| Depreciation & amortization | $26K | $40K | −$13K | -34% |
| Share-based compensation | $146K | $235K | −$89K | -38% |
| Cash used in operations | $1K | $425K | −$424K | -100% |
| Working capital & other | $859K | $1.9M | −$1.1M | -56% |
Questions
How much did CPI Aerostructures's revenue grow quarter over quarter in Q2 2026?
CPI Aerostructures's revenue rose $222K (+1%) from $17.4M in Q1 2026 to $17.6M in Q2 2026.
What drove CPI Aerostructures's revenue change in Q2 2026?
Prime government contracts −$1.0M (-59%); Government subcontracts +$661K (+5%); Commercial contracts +$608K (+66%).