{"id":995220,"date":"2026-08-13T17:03:35","date_gmt":"2026-08-13T21:03:35","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/cpi-aerostructures-reports-second-quarter-and-six-month-2026-results\/"},"modified":"2026-08-13T17:03:35","modified_gmt":"2026-08-13T21:03:35","slug":"cpi-aerostructures-reports-second-quarter-and-six-month-2026-results","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/cpi-aerostructures-reports-second-quarter-and-six-month-2026-results\/","title":{"rendered":"CPI Aerostructures Reports Second Quarter and Six Month 2026 Results"},"content":{"rendered":"
\n

\n
\n Second Quarter 2026 vs. Second Quarter 2025<\/u>
\n <\/strong>\n <\/p>\n\n\n\n\n\n\n\n\n
\u00a0<\/td>\n\u25cf<\/td>\nRevenue of $17.6 million compared to $15.2 million;<\/td>\n<\/tr>\n
\u00a0<\/td>\n\u25cf<\/td>\nGross profit of $3.9 million compared to $0.7 million;<\/td>\n<\/tr>\n
\u00a0<\/td>\n\u25cf<\/td>\nGross margin of 22.0% compared to 4.4% (17.1% excluding A-10 Program impact);<\/td>\n<\/tr>\n
\u00a0<\/td>\n\u25cf<\/td>\nNet income of $0.7 million compared to net (loss) of $(1.3) million;<\/td>\n<\/tr>\n
\u00a0<\/td>\n\u25cf<\/td>\nEarnings per share of $0.05 compared to (loss) per share of $(0.10);<\/td>\n<\/tr>\n
\u00a0<\/td>\n\u25cf<\/td>\nAdjusted EBITDA(1)<\/sup> of $1.4 million compared to $(1.7) million ($0.6 million excluding A-10 Program impact).<\/td>\n<\/tr>\n
\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n<\/tr>\n<\/table>\n

\n
\n Six Months 2026 vs. Six Months 2025<\/u>
\n <\/strong>\n <\/p>\n\n\n\n\n\n\n\n\n
\u00a0<\/td>\n\u25cf<\/td>\nRevenue of $34.9 million compared to $30.6 million;<\/td>\n<\/tr>\n
\u00a0<\/td>\n\u25cf<\/td>\nGross profit of $8.4 million compared to $2.3 million;<\/td>\n<\/tr>\n
\u00a0<\/td>\n\u25cf<\/td>\nGross margin of 23.9% compared to 7.6% (19.3% excluding A-10 Program impact);<\/td>\n<\/tr>\n
\u00a0<\/td>\n\u25cf<\/td>\nNet income of $1.9 million compared to net (loss) of $(2.6) million;<\/td>\n<\/tr>\n
\u00a0<\/td>\n\u25cf<\/td>\nEarnings per share of $0.15 compared to (loss) per share of $(0.21);<\/td>\n<\/tr>\n
\u00a0<\/td>\n\u25cf<\/td>\nAdjusted EBITDA(1)<\/sup> of $3.5 million compared to $(2.5) million ($2.0 million excluding A-10 Program impact).<\/td>\n<\/tr>\n
\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n<\/tr>\n<\/table>\n

EDGEWOOD, N.Y., Aug. 13, 2026 (GLOBE NEWSWIRE) — CPI Aerostructures, Inc. (\u201cCPI Aero\u201d or the \u201cCompany\u201d) (NYSE American: CVU) today announced financial results for the three and six months ended June 30, 2026, demonstrating substantial year\u2011over\u2011year improvement and meaningful margin expansion. The Company\u2019s results benefited from a more favorable product mix, strengthened operational execution, and disciplined cost management across key Aerospace & Defense programs.<\/p>\n

\u201cOur six months performance showcases the results of a focused growth strategy and disciplined execution, delivering year-over-year gains across every major metric,\u201d said Dorith Hakim, Chief Executive Officer of CVU. \u201cDemand across our core defense platforms remains strong, and the combination of a more favorable product mix and operational efficiencies drove a $6.0 million increase in gross profit and a $4.6 million increase in net income. Adjusted EBITDA of $3.5 million represents a clear inflection point for the business, even when normalizing for the A\u201110 program impact.\u201d<\/p>\n

Added Ms. Hakim, \u201cWith a $533 million backlog, supported by the recent $62 million in contract awards this year for new generation products, and the growing confidence of our customers, we remain focused on disciplined program execution, quality, and delivery performance\u2014pillars that support both near\u2011term profitability and long\u2011term value creation. We have entered the second half of 2026 with strong visibility and confidence, well\u2011aligned to deliver continued financial improvement and sustained momentum into 2027.\u201d<\/p>\n

\n
\n About CPI Aero<\/u>
\n <\/strong>\n <\/p>\n

CPI Aero is a prime contractor to the U.S. Department of Defense as well as a Tier 1 subcontractor to some of the largest aerospace and defense contractors in the world. CPI Aero provides engineering, program management, supply chain management, assembly operations and MRO services to this global network of customers. CPI Aero is recognized as a leader within the international aerospace market in such areas as aircraft structural assemblies, military advanced tactical pod structures, engine air inlets, and complex welded products.<\/p>\n

Our OEM customers in the defense sector include (i) Lockheed Martin Corporation and Sikorsky Aircraft, for the F-16 Fighting Falcon, the UH-60 BLACK HAWK\u00a9, the MH-60 Seahawk, the CH-53E and the CH-53K King Stallion; (ii) RTX Corporation, formerly Raytheon, for the ALQ-249 Next Generation Jammer Mid-Band Pod for the EA-18G Growlers, the Advanced Tactical Pods, the MS-110 & TacSAR Reconnaissance Airborne Pods, Hypersonic Missile Wings, and B-52 Radar Modernization; (iii) L3Harris for the Next Generation Jammer Low-Band Pod for the EA-18G Growlers; (iv) Collins Aerospace, for RF Enclosures; (v) Northrop Grumman Corporation, for the E-2D Advanced Hawkeye, the Airborne Laser Mine Detection Pod, welded tubes, aerial refueling probes, and welded fluid tanks; and (vi) the DOD\/USAF and the Defense Logistics Agency for the T-38 Pacer Classic and T-38 Talon. Our OEM customers in the civil aviation market include Embraer S.A. for the Phenom 300 and Phenom 100.<\/p>\n

Our funded backlog of remaining performance obligations exceeds $100 million and the unfunded backlog of future orders for the expected duration of existing programs is $433 million. Our total backlog is $533 million.<\/p>\n

\n
\n
\n Forward-looking Statements<\/u>
\n <\/em>
\n <\/strong>\n <\/p>\n

\n This press release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. All statements, other than statements of historical fact, included in this press release are forward-looking statements. Words such as \u201cremain focused,\u201d \u201cwell-aligned,\u201d \u201csustained momentum,\u201d \u201cconfidence,\u201d and similar expressions are intended to identify these forward-looking statements. These forward-looking statements include statements regarding the Company\u2019s backlog, future performance, program execution and expectations regarding continued financial improvement. The Company does not guarantee that it will actually achieve the plans, intentions or expectations disclosed in its forward-looking statements and you should not place undue reliance on the Company\u2019s forward-looking statements.<\/em>\n <\/p>\n

\n Forward-looking statements involve risks and uncertainties, and actual results could vary materially from these forward-looking statements. There are a number of important factors that could cause the Company\u2019s actual results to differ materially from those indicated or implied by its forward-looking statements, including those important factors set forth under the caption \u201cRisk Factors\u201d in the Company\u2019s Annual Report on Form 10-K for the year ended December 31, 2025 filed with the Securities and Exchange Commission. Although the Company may elect to do so at some point in the future, the Company does not assume any obligation to update any forward-looking statements and it disclaims any intention or obligation to update or revise any forward-looking statement, whether as a result of new information, future events or otherwise.<\/em>\n <\/p>\n

\n CPI Aero<\/em>
\n
\n \u00ae<\/em>
\n <\/sup>
\n \u00a0is a registered trademark of CPI Aerostructures, Inc. For more information, visit www.cpiaero.com, and follow us on X @CPIAERO.<\/em>\n <\/p>\n

\n Contacts:<\/strong>\u00a0<\/p>\n\n\n\n\n\n\n\n\n
Investor Relations Counsel<\/td>\nCPI Aerostructures, Inc.<\/td>\n<\/tr>\n
Alliance Advisors IR<\/td>\nRobert Mannix<\/td>\n<\/tr>\n
Jody Burfening\u00a0<\/td>\nChief Financial Officer<\/td>\n<\/tr>\n
(212) 838-3777\u00a0<\/td>\n(631) 586-5200<\/td>\n<\/tr>\n
\n cpiaero@allianceadvisors.com<\/a>\u00a0 \u00a0<\/td>\n\n rmannix@cpiaero.com<\/a>\u00a0<\/td>\n<\/tr>\n
\u00a0<\/td>\n\n www.cpiaero.com<\/a>\u00a0<\/td>\n<\/tr>\n
\u00a0<\/td>\n\u00a0<\/td>\n<\/tr>\n<\/table>\n

\n \n <\/p>\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n
\n CPI AEROSTRUCTURES, INC. AND SUBSIDIARIES<\/strong>\u00a0
\u00a0CONSOLIDATED BALANCE SHEETS<\/strong><\/td>\n<\/tr>\n
\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n<\/tr>\n
\u00a0<\/td>\n\n \u00a0<\/strong>\n <\/td>\n\n June 30, 2026<\/strong>
\n
\n (Unaudited)<\/strong>\n <\/td>\n		\n \u00a0<\/strong>\n <\/td>\n\u00a0<\/td>\n\n December 31,\u00a0<\/strong>
\n
\n 2025<\/strong>\n <\/td>\n		\u00a0<\/td>\n<\/tr>\n
\n ASSETS<\/strong>\n <\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n<\/tr>\n
Current Assets:<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n<\/tr>\n
Cash<\/td>\n\u00a0<\/td>\n$<\/td>\n835,875<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n$<\/td>\n899,199<\/td>\n\u00a0<\/td>\n<\/tr>\n
Accounts receivable, net<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n9,839,740<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n5,764,928<\/td>\n\u00a0<\/td>\n<\/tr>\n
Contract assets<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n34,278,512<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n33,670,354<\/td>\n\u00a0<\/td>\n<\/tr>\n
Inventory<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n620,268<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n800,823<\/td>\n\u00a0<\/td>\n<\/tr>\n
Prepaid expenses and other current assets<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n2,103,024<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n2,272,696<\/td>\n\u00a0<\/td>\n<\/tr>\n
\n Total Current Assets<\/strong>\n <\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\n 47,677,419<\/strong>\n <\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\n 43,408,000<\/strong>\n <\/td>\n\u00a0<\/td>\n<\/tr>\n
\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n<\/tr>\n
Operating lease right-of-use assets<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n8,777,416<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n9,515,207<\/td>\n\u00a0<\/td>\n<\/tr>\n
Property and equipment, net<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n512,562<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n412,553<\/td>\n\u00a0<\/td>\n<\/tr>\n
Deferred tax asset, net<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n19,472,988<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n19,894,796<\/td>\n\u00a0<\/td>\n<\/tr>\n
Goodwill<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n1,784,254<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n1,784,254<\/td>\n\u00a0<\/td>\n<\/tr>\n
Other assets<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n486,377<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n229,691<\/td>\n\u00a0<\/td>\n<\/tr>\n
\n Total Assets<\/strong>\n <\/td>\n\u00a0<\/td>\n\n $<\/strong>\n <\/td>\n\n 78,711,016<\/strong>\n <\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\n $<\/strong>\n <\/td>\n\n 75,244,501<\/strong>\n <\/td>\n\u00a0<\/td>\n<\/tr>\n
\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n<\/tr>\n
\n LIABILITIES AND SHAREHOLDERS\u2019 EQUITY<\/strong>\n <\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n<\/tr>\n
Current Liabilities:<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n<\/tr>\n
Accounts payable<\/td>\n\u00a0<\/td>\n$<\/td>\n16,035,856<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n$<\/td>\n14,724,293<\/td>\n\u00a0<\/td>\n<\/tr>\n
Accrued expenses<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n3,041,457<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n4,763,719<\/td>\n\u00a0<\/td>\n<\/tr>\n
Contract liabilities<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n2,970,578<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n1,628,382<\/td>\n\u00a0<\/td>\n<\/tr>\n
Loss reserve<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n126,676<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n138,426<\/td>\n\u00a0<\/td>\n<\/tr>\n
Current portion of long-term debt<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n250,000<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n187,500<\/td>\n\u00a0<\/td>\n<\/tr>\n
Financing lease liabilities, current<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n18,613<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u2014<\/td>\n\u00a0<\/td>\n<\/tr>\n
Operating lease liabilities, current<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n1,515,379<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n1,434,385<\/td>\n\u00a0<\/td>\n<\/tr>\n
Income taxes payable<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n230,311<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n142,540<\/td>\n\u00a0<\/td>\n<\/tr>\n
\n Total Current Liabilities<\/strong>\n <\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\n 24,188,870<\/strong>\n <\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\n 23,019,245<\/strong>\n <\/td>\n\u00a0<\/td>\n<\/tr>\n
\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n<\/tr>\n
Line of credit<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n9,173,672<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n8,373,672<\/td>\n\u00a0<\/td>\n<\/tr>\n
Long-term financing lease liabilities<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n86,993<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u2014<\/td>\n\u00a0<\/td>\n<\/tr>\n
Long-term operating lease liabilities<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n7,572,027<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n8,353,120<\/td>\n\u00a0<\/td>\n<\/tr>\n
Long-term debt, net of current portion<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n9,578,051<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n9,690,890<\/td>\n\u00a0<\/td>\n<\/tr>\n
\n Total Liabilities<\/strong>\n <\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\n 50,599,613<\/strong>\n <\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\n 49,436,927<\/strong>\n <\/td>\n\u00a0<\/td>\n<\/tr>\n
\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n<\/tr>\n
Commitments and Contingencies<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n<\/tr>\n
\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n<\/tr>\n
\n Shareholders\u2019 Equity:<\/strong>\n <\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n<\/tr>\n
Preferred stock – $.001 par value; authorized 5,000,000 shares, 0 shares issued and outstanding<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u2014<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u2014<\/td>\n\u00a0<\/td>\n<\/tr>\n
Common stock – $.001 par value; authorized 50,000,000 shares, 13,227,806 and 13,155,061 shares, respectively, issued and outstanding<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n13,228<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n13,155<\/td>\n\u00a0<\/td>\n<\/tr>\n
Additional paid-in capital<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n75,523,591<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n75,142,168<\/td>\n\u00a0<\/td>\n<\/tr>\n
Accumulated deficit<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n(47,425,416<\/td>\n)<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n(49,347,749<\/td>\n)<\/td>\n<\/tr>\n
\n Total Shareholders\u2019 Equity<\/strong>\n <\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\n 28,111,403<\/strong>\n <\/td>\n\n \u00a0<\/strong>\n <\/td>\n\n \u00a0<\/strong>\n <\/td>\n\n \u00a0<\/strong>\n <\/td>\n\n 25,807,574<\/strong>\n <\/td>\n\u00a0<\/td>\n<\/tr>\n
\n Total Liabilities and Shareholders\u2019 Equity<\/strong>\n <\/td>\n\u00a0<\/td>\n\n $<\/strong>\n <\/td>\n\n 78,711,016<\/strong>\n <\/td>\n\n \u00a0<\/strong>\n <\/td>\n\n \u00a0<\/strong>\n <\/td>\n\n $<\/strong>\n <\/td>\n\n 75,244,501<\/strong>\n <\/td>\n\u00a0<\/td>\n<\/tr>\n
\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n<\/tr>\n<\/table>\n

\n \n <\/p>\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n
\n CPI AEROSTRUCTURES, INC. AND SUBSIDIARIES\u00a0
CONSOLIDATED STATEMENTS OF OPERATIONS (UNAUDITED)
<\/strong>\n <\/td>\n<\/tr>\n
\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n<\/tr>\n
\u00a0<\/td>\n\u00a0<\/td>\n\n For the Three Months Ended\u00a0<\/strong>
\n
\n June 30,<\/strong>\u00a0<\/td>\n		\u00a0<\/td>\n\n For the Six Months Ended<\/strong>
\n
\n June 30,<\/strong>\n <\/td>\n<\/tr>\n
\u00a0<\/td>\n\n \u00a0<\/strong>\n <\/td>\n\n 2026<\/strong>
\n \n <\/td>\n		\n \u00a0<\/strong>\n <\/td>\n\n 2025<\/strong>
\n \n <\/td>\n		\n \u00a0<\/strong>\n <\/td>\n\n 2026<\/strong>
\n \n <\/td>\n		\n \u00a0<\/strong>\n <\/td>\n\n 2025<\/strong>
\n \n <\/td>\n<\/tr>\n
Revenue<\/td>\n\u00a0<\/td>\n$<\/td>\n17,581,532<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n$<\/td>\n15,179,108<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n$<\/td>\n34,941,472<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n$<\/td>\n30,579,716<\/td>\n\u00a0<\/td>\n<\/tr>\n
Cost of sales<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n13,709,795<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n14,515,726<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n26,589,844<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n28,266,859<\/td>\n\u00a0<\/td>\n<\/tr>\n
Gross profit<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n3,871,737<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n663,382<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n8,351,628<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n2,312,857<\/td>\n\u00a0<\/td>\n<\/tr>\n
\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n<\/tr>\n
Selling, general and administrative expenses<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n2,675,952<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n2,654,024<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n5,326,215<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n5,489,801<\/td>\n\u00a0<\/td>\n<\/tr>\n
Income (loss) from operations<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n1,195,785<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n(1,990,642<\/td>\n)<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n3,025,413<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n(3,176,944<\/td>\n)<\/td>\n<\/tr>\n
\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n<\/tr>\n
Other income<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u2014<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n5,480<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n30,373<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n6,980<\/td>\n\u00a0<\/td>\n<\/tr>\n
Interest expense<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n(312,939<\/td>\n)<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n(287,546<\/td>\n)<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n(604,874<\/td>\n)<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n(775,637<\/td>\n)<\/td>\n<\/tr>\n
Income (loss) before provision for income taxes<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n882,846<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n(2,272,708<\/td>\n)<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n2,450,912<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n(3,945,601<\/td>\n)<\/td>\n<\/tr>\n
\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n<\/tr>\n
Provision (benefit) for income taxes<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n197,231<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n(947,749<\/td>\n)<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n528,579<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n(1,296,718<\/td>\n)<\/td>\n<\/tr>\n
Net income (loss)<\/td>\n\u00a0<\/td>\n$<\/td>\n685,615<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n$<\/td>\n(1,324,959<\/td>\n)<\/td>\n\u00a0<\/td>\n$<\/td>\n1,922,333<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n$<\/td>\n(2,648,883<\/td>\n)<\/td>\n<\/tr>\n
\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n<\/tr>\n
Income per common share, basic<\/td>\n\u00a0<\/td>\n$<\/td>\n0.05<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n$<\/td>\n(0.10<\/td>\n)<\/td>\n\u00a0<\/td>\n$<\/td>\n0.15<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n$<\/td>\n(0.21<\/td>\n)<\/td>\n<\/tr>\n
Income per common share, diluted<\/td>\n\u00a0<\/td>\n$<\/td>\n0.05<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n$<\/td>\n(0.10<\/td>\n)<\/td>\n\u00a0<\/td>\n$<\/td>\n0.15<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n$<\/td>\n(0.21<\/td>\n)<\/td>\n<\/tr>\n
\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n<\/tr>\n
\n Shares used in computing income per common share:<\/u>\n <\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n<\/tr>\n
\u00a0\u00a0Basic<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n12,908,141<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n12,748,869<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n12,885,785<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n12,728,209<\/td>\n\u00a0<\/td>\n<\/tr>\n
\u00a0\u00a0Diluted<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n13,042,595<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n12,748,869<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n13,056,924<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n12,728,209<\/td>\n\u00a0<\/td>\n<\/tr>\n
\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n<\/tr>\n<\/table>\n

\n Unaudited Reconciliation of GAAP to Non-GAAP Measures<\/strong>\n <\/p>\n

Note: (1) Adjusted EBITDA is a non-GAAP measure defined as GAAP income from operations plus depreciation, amortization and stock-compensation expense.<\/p>\n

Adjusted EBITDA as calculated by us may be calculated differently than Adjusted EBITDA for other companies. We have provided Adjusted EBITDA because we believe it is a commonly used measure of financial performance in comparable companies and is provided to help investors evaluate companies on a consistent basis, as well as to enhance understanding of our operating results. Adjusted EBITDA should not be construed as either an alternative to income from operations or net income or as an indicator of our operating performance or an alternative to cash flows as a measure of liquidity. The adjustments to calculate this non-GAAP financial measure and the basis for such adjustments are outlined below. Please refer to the following table below that reconciles GAAP income (loss) from operations to Adjusted EBITDA.<\/p>\n

The adjustments to calculate this non-GAAP financial measure, and the basis for such adjustments, are outlined below:<\/p>\n

\n Depreciation<\/em>. The Company incurs depreciation expense (recorded in cost of sales and in selling, general and administrative expenses) related to capital assets purchased, leased or constructed to support the ongoing operations of the business. The assets are recorded at cost and are depreciated over the estimated useful lives of individual assets.<\/p>\n

\n Stock-based compensation expense<\/em>. The Company incurs non-cash expense related to stock-based compensation included in its GAAP presentation of cost of sales and selling, general and administrative expenses. Management believes that exclusion of these expenses allows comparison of operating results to those of other companies that disclose non-GAAP financial measures that exclude stock-based compensation.<\/p>\n

Adjusted EBITDA is a non-GAAP financial measure and should not be considered in isolation or as a substitute for financial information provided in accordance with GAAP. This non-GAAP financial measure may not be computed in the same manner as similarly titled measures used by other companies. The Company expects to continue to incur expenses similar to the Adjusted EBITDA financial adjustments described above, and investors should not infer from the Company’s presentation of this non-GAAP financial measure that these costs are unusual, infrequent, or non-recurring.\u00a0<\/p>\n

Reconciliation of income (loss) from operations to Adjusted EBITDA is as follows:<\/p>\n\n\n\n\n\n\n\n\n\n\n
\u00a0<\/td>\n\n Three months ended<\/strong>\n <\/td>\n\u00a0<\/td>\n\n Six months ended<\/strong>\n <\/td>\n<\/tr>\n
\u00a0<\/td>\n\n June 30,<\/strong>\n <\/td>\n\u00a0<\/td>\n\n June 30,<\/strong>\n <\/td>\n<\/tr>\n
\u00a0<\/td>\n\n 2026<\/strong>
\n
\n
\n <\/strong>\n <\/td>\n		\u00a0<\/td>\n\n 2025<\/strong>
\n \n <\/td>\n		\u00a0<\/td>\n\n 2026<\/strong>
\n
\n
\n <\/strong>\n <\/td>\n		\u00a0<\/td>\n\n 2025<\/strong>
\n \n <\/td>\n<\/tr>\n
Income (loss) from operations<\/td>\n$<\/td>\n1,195,785<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n(1,990,642<\/td>\n)<\/td>\n\u00a0<\/td>\n$<\/td>\n3,025,413<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n(3,176,944<\/td>\n)<\/td>\n<\/tr>\n
Depreciation<\/td>\n\u00a0<\/td>\n26,407<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n88,598<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n66,136<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n187,365<\/td>\n\u00a0<\/td>\n<\/tr>\n
Stock-based compensation<\/td>\n\u00a0<\/td>\n146,209<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n168,583<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n381,496<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n488,812<\/td>\n\u00a0<\/td>\n<\/tr>\n
Adjusted EBITDA<\/td>\n\u00a0<\/td>\n1,368,401<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n(1,733,461<\/td>\n)<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n3,473,045<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n(2,500,767<\/td>\n)<\/td>\n<\/tr>\n
A-10 Termination<\/td>\n\u00a0<\/td>\n\u2014<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n2,322,831<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u2014<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n4,468,528<\/td>\n\u00a0<\/td>\n<\/tr>\n
Adjusted EBITDA Excluding A-10 adjustment<\/td>\n$<\/td>\n1,368,401<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n589,370<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n$<\/td>\n3,473,045<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n1,967,761<\/td>\n\u00a0<\/td>\n<\/tr>\n<\/table>\n

\n \n <\/p>\n

\"\"
\n
\n \"\"\n <\/div>\n

<\/div>\n","protected":false},"excerpt":{"rendered":"

Second Quarter 2026 vs. Second Quarter 2025 \u00a0 \u25cf Revenue of $17.6 million compared to $15.2 million; \u00a0 \u25cf Gross profit of $3.9 million compared to $0.7 million; \u00a0 \u25cf Gross margin of 22.0% compared to 4.4% (17.1% excluding A-10 Program impact); \u00a0 \u25cf Net income of $0.7 million compared to net (loss) of $(1.3) million; \u00a0 \u25cf Earnings per share of $0.05 compared to (loss) per share of $(0.10); \u00a0 \u25cf Adjusted EBITDA(1) of $1.4 million compared to $(1.7) million ($0.6 million excluding A-10 Program impact). \u00a0 \u00a0 \u00a0 Six Months 2026 vs. Six Months 2025 \u00a0 \u25cf Revenue of $34.9 million compared to $30.6 million; \u00a0 \u25cf Gross profit of $8.4 million compared to $2.3 million; \u00a0 \u25cf … <\/p>\n

Continue reading “CPI Aerostructures Reports Second Quarter and Six Month 2026 Results”<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-995220","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"\nCPI Aerostructures Reports Second Quarter and Six Month 2026 Results - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/cpi-aerostructures-reports-second-quarter-and-six-month-2026-results\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"CPI Aerostructures Reports Second Quarter and Six Month 2026 Results - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"Second Quarter 2026 vs. Second Quarter 2025 \u00a0 \u25cf Revenue of $17.6 million compared to $15.2 million; \u00a0 \u25cf Gross profit of $3.9 million compared to $0.7 million; \u00a0 \u25cf Gross margin of 22.0% compared to 4.4% (17.1% excluding A-10 Program impact); \u00a0 \u25cf Net income of $0.7 million compared to net (loss) of $(1.3) million; \u00a0 \u25cf Earnings per share of $0.05 compared to (loss) per share of $(0.10); \u00a0 \u25cf Adjusted EBITDA(1) of $1.4 million compared to $(1.7) million ($0.6 million excluding A-10 Program impact). \u00a0 \u00a0 \u00a0 Six Months 2026 vs. Six Months 2025 \u00a0 \u25cf Revenue of $34.9 million compared to $30.6 million; \u00a0 \u25cf Gross profit of $8.4 million compared to $2.3 million; \u00a0 \u25cf … Continue reading "CPI Aerostructures Reports Second Quarter and Six Month 2026 Results"\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.marketnewsdesk.com\/index.php\/cpi-aerostructures-reports-second-quarter-and-six-month-2026-results\/\" \/>\n<meta property=\"og:site_name\" content=\"Market Newsdesk\" \/>\n<meta property=\"article:published_time\" content=\"2026-08-13T21:03:35+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=OTgwOTkzMCM3Nzc1NTI1IzIwMTAyNDk=\" \/>\n<meta name=\"author\" content=\"Newsdesk\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Newsdesk\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"8 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/cpi-aerostructures-reports-second-quarter-and-six-month-2026-results\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/cpi-aerostructures-reports-second-quarter-and-six-month-2026-results\\\/\"},\"author\":{\"name\":\"Newsdesk\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/#\\\/schema\\\/person\\\/482f27a394d4fda80ecb5499e519d979\"},\"headline\":\"CPI Aerostructures Reports Second Quarter and Six Month 2026 Results\",\"datePublished\":\"2026-08-13T21:03:35+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/cpi-aerostructures-reports-second-quarter-and-six-month-2026-results\\\/\"},\"wordCount\":1527,\"image\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/cpi-aerostructures-reports-second-quarter-and-six-month-2026-results\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/www.globenewswire.com\\\/newsroom\\\/ti?nf=OTgwOTkzMCM3Nzc1NTI1IzIwMTAyNDk=\",\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/cpi-aerostructures-reports-second-quarter-and-six-month-2026-results\\\/\",\"url\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/cpi-aerostructures-reports-second-quarter-and-six-month-2026-results\\\/\",\"name\":\"CPI Aerostructures Reports Second Quarter and Six Month 2026 Results - 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