Filing Flows › CPI Aerostructures (CVU) › Q2 2026
CPI Aerostructures (CVU) Q2 2026 earnings results (second quarter 2026)
10-Q filed Aug 13, 2026
CPI Aerostructures (CVU) reported revenue of $17.6M for the second quarter 2026 (Q2 2026), +16% from a year earlier and +1% from the quarter before. Operating margin was 6.8%, net earnings $686K (3.9% of revenue).
CPI Aerostructures, Q2 2026: revenue $17.6M (+16% year over year), operating margin 6.8%, net earnings $686K, operating cash flow −$1K. The chart follows the revenue to costs, profit and cash.
| Q2 2026 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $17.6M | +1% | +16% |
| Gross profit | $3.9M | -14% | +484% |
| Operating profit | $1.2M | -35% | — |
| Net earnings | $686K | -45% | — |
| Operating cash flow | −$1K | — | — |
What changed
Revenue was $17.6M in Q2 2026, up 16% year over year and up 1% from the previous quarter. Government subcontracts was the largest line at 87% of revenue. Government subcontracts added $3.1M year over year (up 25%), 128% of the total change. Prime government contracts declined 46%.
Gross margin was 22.0%, up 17.7 points from Q2 2025. Operating profit was $1.2M, a 6.8% margin (up 19.9 points year over year). Operating expenses grew 1% against revenue growth of 16%. Net earnings were $686K. The effective tax rate was 22.3%.
Operating cash flow was −$1K. Non-cash charges added back $26K of depreciation and amortization and $146K of share-based compensation. Working capital and other items used $859K. Capital expenditures of $7K exceeded it, leaving free cash flow of −$8K.
Questions
What was CPI Aerostructures' revenue in the second quarter 2026?
CPI Aerostructures (CVU) reported revenue of $17.6M for the second quarter 2026 (Q2 2026), +16% from a year earlier and +1% from the quarter before.
Was CPI Aerostructures profitable in the second quarter 2026?
Operating profit was $1.2M (6.8% of revenue) and net earnings $686K.
Source: CPI Aerostructures 10-Q on SEC EDGAR.