Filing Flows › Park Aerospace (PKE) › Q1 FY27
Park Aerospace (PKE) Q1 FY27 earnings results (first quarter fiscal 2027)
10-Q filed Jul 20, 2026
Park Aerospace (PKE) reported revenue of $18.3M for the first quarter fiscal 2027 (Q1 FY27), +19% from a year earlier and -24% from the quarter before. Operating margin was 21.9%, net earnings $3.5M (19.3% of revenue).
Park Aerospace, Q1 FY27: revenue $18.3M (+19% year over year), operating margin 21.9%, net earnings $3.5M, operating cash flow $2.7M. The chart follows the revenue to costs, profit and cash.
| Q1 FY27 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $18.3M | -24% | +19% |
| Gross profit | $6.4M | -8% | +35% |
| Operating profit | $4.0M | -13% | +66% |
| Net earnings | $3.5M | -8% | +70% |
| Operating cash flow | $2.7M | -61% | +71% |
| Free cash flow | $2.6M | -59% | +135% |
What changed
Revenue was $18.3M in Q1 FY27, up 19% year over year and down 24% from the previous quarter.
Gross margin was 34.8%, up 4.2 points from Q1 FY26. Operating profit was $4.0M, a 21.9% margin (up 6.2 points year over year). Of the extra revenue versus Q1 FY26, 55% reached operating profit, above the 16% margin then. Operating expenses grew 3% against revenue growth of 19%. Net earnings were $3.5M, up 70% year over year. The effective tax rate was 26.4%.
Operating cash flow was $2.7M (up 71% year over year), 77% of net earnings. Non-cash charges added back $469K of depreciation and amortization and $92K of share-based compensation. Working capital and other items used $1.4M. Capital expenditures of $113K left free cash flow of $2.6M.
Questions
What was Park Aerospace's revenue in the first quarter fiscal 2027?
Park Aerospace (PKE) reported revenue of $18.3M for the first quarter fiscal 2027 (Q1 FY27), +19% from a year earlier and -24% from the quarter before.
Was Park Aerospace profitable in the first quarter fiscal 2027?
Operating profit was $4.0M (21.9% of revenue) and net earnings $3.5M.
Source: Park Aerospace 10-Q on SEC EDGAR.