
Astronics Corporation Income Statement 2025-2008 | ATRO
Brief overview of income trends at Astronics Corporation
This overview is based on financial performance over the past five years. The revenue attributed to Astronics Corporation moved from 503 million dollars to 240 million dollars between the two endpoints. Across the full period, sales moved by −52.2%; the average annual rate was −13.7%. The business finished the period with a smaller revenue base.
Gross profit changed from 96.8 million dollars to 80 million dollars (−17.4%). Cost of revenue developed less favorably than sales and pressured gross profitability. Comparing the endpoints gives gross margins of 19.3% and 33.3%. The business retained more gross profit from each unit of revenue.
Over the period, EBITDA shifted from −$68.8 million to $98.2 million, a change of +242.7%. The operating result outpaced sales and points to improving efficiency. EBITDA margin was −13.7% at the start and 40.9% at the end. A wider margin confirms stronger operating efficiency.
Across the five years, the net result shifted from −116 million dollars to 29.4 million dollars. The trajectory reversed from a loss to positive earnings.
The market value of the business moved from 487 million dollars to 2.8 billion dollars, or +479.2%. A large part of future progress may already be reflected in the valuation.
Overall conclusion
The figures do not all move in the same direction. The financial profile benefits from better sales economics, higher operating efficiency and a stronger final result. The main areas of concern are weak sales momentum. Future reports should be judged by revenue momentum, margins, and the conversion of sales into net income.
Annual Income Statement Astronics Corporation
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Market Cap |
2.82 B | 892 M | 842 M | 421 M | 457 M | 487 M | 846 M | 993 M | 1.26 B | 927 M | 799 M | 1.18 B | 841 M | 213 M | 217 M | 83.2 M | - | - |
Shares |
35.4 M | 35 M | 33.1 M | 32.2 M | 31.1 M | 30.8 M | 32.1 M | 32.3 M | 32.8 M | 33.5 M | 33.7 M | 33 M | 26.6 M | 21.8 M | 21.2 M | 13.7 M | - | - |
Historical Prices |
79.5 | 25.4 | 25.4 | 13.1 | 14.7 | 15.8 | 20.3 | 36 | 32.6 | 28.4 | 23.4 | 44.5 | 35.6 | 11.7 | 10.3 | 6.07 | 3.54 | 6.57 |
Net Income |
29.4 M | -16.2 M | -26.4 M | -35.7 M | 1.6 M | -116 M | 52 M | 46.8 M | 19.7 M | 48.4 M | 67 M | 56.2 M | 27.3 M | 21.9 M | 21.6 M | 14.9 M | -3.8 M | - |
Revenue |
240 M | 209 M | 689 M | 535 M | 116 M | 503 M | 773 M | 803 M | 624 M | 633 M | 692 M | 661 M | 340 M | 266 M | 228 M | - | - | - |
Cost of Revenue |
604 M | 575 M | 515 M | 463 M | 380 M | 406 M | 617 M | 623 M | 487 M | - | - | - | - | - | - | - | - | - |
Gross Profit |
80 M | 62.1 M | 175 M | 71.5 M | 18.5 M | 96.8 M | 156 M | 181 M | 137 M | 159 M | 188 M | 167 M | 87.9 M | 69.4 M | 60.5 M | 47.6 M | 37.3 M | - |
Operating Income |
76.4 M | 26.5 M | -6.67 M | -30 M | -28.7 M | -101 M | 1.7 M | 63.7 M | 32.1 M | 74.9 M | 98.8 M | 87.4 M | 42.3 M | 32.6 M | 30.8 M | 24.4 M | -6.21 M | - |
Interest Expense |
738 K | -2.19 M | 261 K | -1.61 M | -6.8 M | -6.74 M | -6.14 M | -9.71 M | -5.37 M | -4.35 M | -4.75 M | -8.26 M | -4.09 M | 1.04 M | 1.81 M | 2.55 M | - | - |
EBITDA |
98.2 M | 50.9 M | 19.4 M | -2.27 M | 331 K | -68.8 M | 45.8 M | 98.7 M | 73.7 M | 98.9 M | 124 M | 115 M | 53.4 M | 39.5 M | 38.3 M | 29.3 M | 1.13 M | - |
Operating Expenses |
- | - | - | - | - | - | 143 M | 117 M | 90.5 M | 86.3 M | 89.1 M | 79.7 M | 45.6 M | 36.8 M | 27.2 M | 3.93 M | - | - |
General and Administrative Expenses |
138 M | 142 M | 127 M | 102 M | 99.1 M | 111 M | - | - | - | - | - | - | - | - | - | 23.2 M | 24.1 M | - |
All numbers in USD currency
Quarterly Income Statement Astronics Corporation
| 2026-Q1 | 2025-Q3 | 2025-Q2 | 2025-Q1 | 2024-Q3 | 2024-Q2 | 2024-Q1 | 2023-Q3 | 2023-Q2 | 2023-Q1 | 2022-Q4 | 2022-Q3 | 2022-Q2 | 2022-Q1 | 2021-Q4 | 2021-Q3 | 2021-Q2 | 2021-Q1 | 2020-Q4 | 2020-Q3 | 2020-Q2 | 2020-Q1 | 2019-Q4 | 2019-Q3 | 2019-Q2 | 2019-Q1 | 2018-Q4 | 2018-Q3 | 2018-Q2 | 2018-Q1 | 2017-Q4 | 2017-Q3 | 2017-Q2 | 2017-Q1 | 2016-Q4 | 2016-Q3 | 2016-Q2 | 2016-Q1 | 2015-Q4 | 2015-Q3 | 2015-Q2 | 2015-Q1 | 2014-Q4 | 2014-Q3 | 2014-Q2 | 2014-Q1 | 2013-Q4 | 2013-Q3 | 2013-Q2 | 2013-Q1 | 2012-Q4 | 2012-Q3 | 2012-Q2 | 2012-Q1 | 2011-Q4 | 2011-Q3 | 2011-Q2 | 2011-Q1 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Shares |
35.7 M | 35.4 M | 35.4 M | 35.3 M | 35 M | 35 M | 34.9 M | 33 M | 32.6 M | 32.5 M | - | 32.2 M | 32.1 M | 31.9 M | - | 31 M | 30.9 M | 30.9 M | - | 30.8 M | 30.8 M | 30.8 M | - | 32 M | 32.7 M | 32.6 M | - | 32.3 M | 32.3 M | 32.3 M | - | 32.6 M | 28.9 M | 29.1 M | - | 28.9 M | 29.3 M | 29.4 M | - | 29.3 M | 25.4 M | 25.3 M | - | 25 M | 21.7 M | 21.5 M | - | 20.9 M | 17.4 M | 17.4 M | - | 17.1 M | 14.2 M | 14.2 M | - | 13.9 M | 12.1 M | - |
Net Income |
25.5 M | -11.1 M | 1.31 M | 9.53 M | -11.7 M | 1.53 M | -3.18 M | -17 M | -12 M | -4.42 M | - | -14.9 M | -11 M | -3.1 M | 1.6 M | -7.17 M | -8.1 M | -11.9 M | -20 M | -5.25 M | -23.6 M | -67 M | -34.1 M | 1.21 M | 6.73 M | 78.1 M | 12.5 M | 17 M | 14 M | 3.29 M | -5.65 M | 6.06 M | 7.68 M | 11.6 M | 9.88 M | 12.1 M | 15 M | 11.5 M | 13.9 M | 24.7 M | 17.7 M | 10.7 M | 18.4 M | 17.1 M | 13.1 M | 7.51 M | 6.39 M | 7.16 M | 5.16 M | 8.56 M | 5.66 M | 4.93 M | 5.19 M | 6.1 M | 5.17 M | 6.66 M | 4.55 M | 5.21 M |
Revenue |
231 M | 211 M | 205 M | 206 M | 204 M | 198 M | 185 M | 163 M | 174 M | 157 M | - | 131 M | 129 M | 116 M | 116 M | 112 M | 111 M | 106 M | 115 M | 107 M | 124 M | 158 M | 198 M | 177 M | 189 M | 208 M | 203 M | 213 M | 209 M | 179 M | - | 150 M | 151 M | 152 M | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
Cost of Revenue |
155 M | 147 M | 152 M | 145 M | 148 M | 143 M | 138 M | 142 M | 142 M | 129 M | - | 117 M | 113 M | 96.2 M | - | 94.6 M | 95.8 M | 91.6 M | - | 91.3 M | 96.9 M | 122 M | - | 140 M | 149 M | 156 M | - | - | - | 142 M | - | 117 M | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
Gross Profit |
75.1 M | 64.5 M | 52.8 M | 60.8 M | 55.2 M | 55.6 M | 47.5 M | 20.6 M | 32.7 M | 27.5 M | - | 14.4 M | 15.7 M | 19.9 M | 18.5 M | 17.2 M | 15.4 M | 14.3 M | 19.1 M | 15.2 M | 26.8 M | 35.7 M | 26.9 M | 36.8 M | 40.4 M | 52.1 M | 47.7 M | 46.3 M | 49.6 M | 37.1 M | 32.2 M | 32.5 M | 34.2 M | 38.3 M | 36.5 M | 38.7 M | 44.8 M | 39.5 M | 38.9 M | 59.4 M | 49.5 M | 40.2 M | 42.5 M | 51.3 M | 43.2 M | 30 M | 25.2 M | 23.8 M | 18.7 M | 20.2 M | 17.6 M | 16.7 M | 17.1 M | 18.1 M | 17.3 M | 14.3 M | 14.4 M | 14.5 M |
Operating Income |
27.2 M | 23.1 M | 4.76 M | 13.1 M | 8.37 M | 7.55 M | 1.67 M | -14.5 M | 2.4 M | -2.37 M | - | -14.3 M | -8.4 M | -4.17 M | - | -4.5 M | -5.92 M | -9.51 M | - | -9 M | -18.7 M | -67.6 M | - | 5.1 M | 10.6 M | 22.9 M | - | 18.3 M | 20.1 M | 6.63 M | - | 10.4 M | 12.1 M | 16.9 M | - | 17.5 M | 22.6 M | 17.6 M | - | 37.1 M | 28.2 M | 17.5 M | - | 25.8 M | 22.5 M | 13.6 M | - | 12.4 M | 7.98 M | 11.1 M | - | 7.66 M | 7.78 M | 9.26 M | - | 7.9 M | 7.24 M | 8.16 M |
Interest Expense |
-109 K | 185 K | 190 K | 187 K | -343 K | -435 K | -436 K | -348 K | -378 K | -5.47 M | - | -2.52 M | -1.66 M | -1.63 M | - | -1.8 M | -1.7 M | -1.76 M | - | -1.78 M | -1.98 M | -1.33 M | - | -1.55 M | -1.22 M | -1.8 M | - | -2.51 M | -2.48 M | -2.33 M | - | -1.44 M | -1.18 M | -1.13 M | - | -1.1 M | -1.06 M | -1.09 M | - | -1.24 M | -1.11 M | -1.25 M | - | -2.3 M | -2.56 M | -2.32 M | - | -1.6 M | -262 K | -218 K | - | 274 K | 266 K | 263 K | - | 390 K | 534 K | - |
EBITDA |
33.1 M | 28.2 M | 10.1 M | 18.7 M | 14.4 M | 13.8 M | 7.99 M | -11.1 M | 6 M | 4.29 M | - | -10.6 M | -4.64 M | 2.92 M | - | 17.5 M | 8.96 M | -2.06 M | - | 15.1 M | -2.63 M | -59.6 M | - | 29.3 M | 26.6 M | 31 M | - | 45.1 M | 38.7 M | 16.5 M | - | 29.7 M | 24.6 M | 23.2 M | - | 37 M | 35.8 M | 24.1 M | - | 56 M | 40.7 M | 23.7 M | - | 46.9 M | 32.8 M | 18.5 M | - | 18.9 M | 11.4 M | 12.8 M | - | 12.6 M | 10.6 M | 10.7 M | - | 11.5 M | 9.64 M | 9.35 M |
Operating Expenses |
- | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 3.27 M | - | - | - | 2.9 M | - | - | - | - | - | - | - | - | 2.86 M | 1.7 M | - | 1.79 M | 1.81 M | 1.54 M | - | 1.17 M | 1.22 M | - |
General and Administrative Expenses |
35.8 M | 31.2 M | 36.5 M | 36.6 M | 34.4 M | 33.8 M | 32.5 M | 35.1 M | 30.3 M | 29.9 M | - | 28.7 M | 24.1 M | 24.1 M | - | 21.7 M | 21.3 M | 23.8 M | - | 24.2 M | 32.9 M | 28.9 M | - | 31.7 M | 29.8 M | 29.2 M | - | 28 M | 29.4 M | 30.5 M | - | 22.1 M | 22.1 M | 21.4 M | - | 21.1 M | 22.2 M | 21.9 M | - | 22.3 M | 21.3 M | 22.6 M | - | 25.5 M | 20.7 M | 16.4 M | - | 11.4 M | 10.7 M | 9.16 M | - | 9.06 M | 9.28 M | 8.86 M | - | 6.36 M | 7.14 M | 6.34 M |
All numbers in USD currency
The income statement is one of the three key financial reports of a company Astronics Corporation (alongside the balance sheet and the cash flow statement). It shows how the company makes money and what its expenses are:
- How much revenue the company earned
- How much it spent on production, personnel, marketing, taxes, etc.
- What profit remained in the end
Analyzing the income statement helps an investor understand whether the business generates stable and growing profits, how effectively the company controls its expenses, and whether it is capable of generating income in the future. Additionally, this analysis shows how the company copes with crises and economic cycles, and allows assessing the potential for stock price growth and dividend payments.
Features- The income statement may include both recurring and one-time items (for example, profit from the sale of assets). It is necessary to separate core metrics from one-off events for accurate analysis.
- Companies often publish interim reports (e.g., quarterly), which allows for more timely tracking of trends.
- A combined analysis of the income statement with the balance sheet and cash flow statement provides a comprehensive view of the company’s financial health.