Astronics Corp (NAS:ATRO)
$ 84.86 +2.22 (+2.68%) Market Cap: 4.18 Bil Enterprise Value: 4.55 Bil PE Ratio: 86.33 PB Ratio: 22.57 GF Score: 56/100

Q4 2025 Astronics Corp Earnings Call Transcript

Feb 24, 2026 / 09:45 PM GMT
Release Date Price: $66.16 (+4.05%)

Key Points

Positve
  • Astronics Corp (ATRO) reported a record revenue of $240 million for Q4 2025, marking a 15% increase from the same quarter in 2024.
  • The company achieved a post-pandemic record operating income of 14.8% and adjusted EBITDA of 19% for the quarter.
  • Astronics Corp (ATRO) ended the year with a record backlog of $674.5 million, indicating strong future demand.
  • The company generated $27.6 million in cash from operations in Q4, contributing to a total of $74.8 million for the year.
  • Astronics Corp (ATRO) successfully transitioned from an ABL line of credit to a cash flow revolver, enhancing financial flexibility with $231 million in available liquidity.
Negative
  • The company faced $2.9 million in increased tariff expenses, impacting overall costs.
  • Net debt increased significantly to $324.8 million at the end of 2025, up from $156.6 million at the end of 2024.
  • The US Army radio test program experienced delays due to a government shutdown, affecting the timing of expected revenue.
  • Astronics Corp (ATRO) anticipates significant capital expenditures of $40 to $50 million in 2026, with additional investments in a global ERP system.
  • The company faces ongoing geopolitical and macroeconomic risks, including uncertainties around tariffs and production rates from OEMs.


Refinitiv StreetEvents Event Transcript
E D I T E D V E R S I O N

ATRO.OQ - Astronics Corp
Q4 2025 Astronics Corp Earnings Call
Feb 24, 2026 / 09:45PM GMT

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Presentation
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Unidentified_1 [1]
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Greetings and welcome to the Astronix Corporation 4th quarter and fiscal year 2025 financial results.

At this time, all participants are in a listen-only mode. A question-and-answer session will follow the formal presentation. If anyone should require operator assistance, please press 0 on your telephone keypad. It is now my pleasure to introduce your host, Deborah Pawlowski, investor relations for astronics.

Thank you. You may begin.

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Unidentified_2 [2]
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Thanks, Shimali, and good afternoon everyone. We certainly appreciate your time today and
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