CPI Aerostructures Q1 net income $1.2 million, up from $1.3 million loss
CPI Aerostructures reported first-quarter 2026 revenue of $17.4 million, up from $15.4 million a year earlier, and net income of $1.2 million, compared with a net loss of $1.3 million in the first quarter of 2025. Gross profit rose to $4.5 million from $1.6 million, and the company said the results reflect a more favorable product mix and operational efficiencies. Shareholders see both higher sales and a return to profit on a year-over-year basis, and the company cited a backlog of $495 million.
Key points
- Revenue was $17.4 million versus $15.4 million in Q1 2025.
- Gross profit margin was 25.8% versus 10.7% (21.6% excluding the A-10 Program impact).
- Net income was $1.2 million versus a net loss of $1.3 million; basic EPS was $0.10 and diluted EPS was $0.09.
- Adjusted EBITDA was $2.1 million versus $(0.8) million ($1.4 million excluding the A-10 Program impact); backlog was $495 million.
The filing
Written by AI on Nov 9, 2026, 8:29 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on May 18, 2026.
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.