Filing Flows › Ducommun (DCO) › How it makes money
How Ducommun (DCO) makes money
Ducommun (DCO) made $227M of revenue in the third quarter 2026 (Q3 2026), +6% from a year earlier. Military and space brought in $119M (52%); Commercial aerospace brought in $97.2M (43%); Industrial brought in $11.2M (5%). Of every dollar of revenue, 29¢ was left as gross profit, 11¢ was left as operating profit, 6¢ was left as net earnings.
Drawing the Sankey…
Revenue by segment, Q3 2026
| Segment | Revenue | Share | Q/Q | Y/Y |
|---|---|---|---|---|
| Military and space | $119M | 52.2% | -4% | -7% |
| Commercial aerospace | $97.2M | 42.8% | +9% | +28% |
| Industrial | $11.2M | 4.9% | -1% | +7% |
Where each dollar of revenue goes
| Line | Q3 2026 | % of revenue |
|---|---|---|
| Revenue | $227M | 100.0% |
| Cost of revenue | $161M | 71.1% |
| Gross profit | $65.6M | 28.9% |
| Operating expenses | $39.8M | 17.5% |
| Operating profit | $25.8M | 11.4% |
| Income tax | $4.9M | 2.2% |
| Net earnings | $13.9M | 6.1% |
| Operating cash flow | $32.7M | 14.4% |
| Free cash flow | $26.9M | 11.8% |
Revenue, quarter by quarter
| Quarter | Revenue | Y/Y |
|---|---|---|
| Q3 2026 | $227M | +6% |
| Q2 2026 | $224M | +12% |
| Q1 2026 | $209M | +9% |
| Q4 2025 | $217M | +10% |
| Q3 2025 | $214M | +6% |
| Q2 2025 | $201M | +2% |
| Q1 2025 | $192M | +0.4% |
From Ducommun's 10-Q filed Nov 5, 2026 (on EDGAR).
Questions
How does Ducommun make money?
Ducommun (DCO) made $227M of revenue in the third quarter 2026 (Q3 2026), +6% from a year earlier. Military and space brought in $119M (52%); Commercial aerospace brought in $97.2M (43%); Industrial brought in $11.2M (5%). Of every dollar of revenue, 29¢ was left as gross profit, 11¢ was left as operating profit, 6¢ was left as net earnings.
What is Ducommun's biggest business?
Military and space: $119M in the third quarter 2026, 52% of revenue, -7% from a year earlier.
What is Ducommun's profit margin?
Net earnings were $13.9M, 6.1% of revenue, in the third quarter 2026; the operating margin was 11.4%.
Updated Nov 8, 2026. Read automatically from SEC filings and public data; errors are possible. Not investment advice.