CPI Aerostructures Q1 revenue rises, net income turns positive

CPI Aerostructures

18/05/2026 13:10

Overview

US aerospace & defense contractor's Q1 revenue rose yr/yr to $17.4 mln

Net income swung to $1.2 mln profit from $1.3 mln loss a year ago

Gross margin expanded to 25.8% from 10.7%, driven by product mix and efficiencies

Outlook

Company says strong backlog and improved profitability position it for continued momentum in 2026

CPI Aero preparing for missile production, expanding presence in high-growth missile and autonomous systems markets

Company reports total backlog of $495 mln supported by recent contract awards

Result Drivers

PRODUCT MIX - Co said a more favorable product mix contributed to higher gross margin and improved profitability

OPERATIONAL EFFICIENCIES - Co attributed margin expansion and earnings growth to operational efficiencies

PROGRAM EXECUTION - Co said continued execution across key Aerospace & Defense programs supported results

Company press release: ID:nGNX9XfNfs

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q1 Revenue
$17.40 mln
Q1 EPS
$0.10
Q1 Net Income
$1.20 mln
Q1 Gross Margin
25.80%
Q1 Gross Profit
$4.50 mln


Analyst Coverage

The stock recently traded at 9 times the next 12-month earnings vs. a P/E of 10 three months ago

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(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)