Back to news

Amaero Reports Third Quarter 2026 Results, Provides Fourth Quarter 2026 Revenue Guidance

Globe Newswire•09/11/2026•16:05 ET
0

Key Highlights

  • ➤Q3 revenue $4.1 million, up 35% year-over-year
  • ➤Full-year 2026 revenue guidance $16.0 million-$16.5 million, up 154%-162%
  • ➤Backlog $13.4 million as of September 30, 2026, up 96% from year-end 2025
  • ➤IPO generated $17.0 million in aggregate net proceeds
  • ➤Q3 net loss $9.1 million versus $4.1 million in the prior-year period

Expert Statements

Hank J. Holland, Chairman and CEO of Amaero

“We are pleased to report our first results as a Nasdaq-listed company. In the third quarter, revenue increased 35% year-over-year to $4.1 million, and revenue for the first nine months of 2026 increased 170% year-over-year to $11.5 million. We also returned to titanium production following our facility safety review. I am proud of how our team managed through that process while keeping our customer relationships and workforce intact. Our third quarter gross margin was impacted by the restart of titanium production following the pause and the optimization of our new sieving system, which reduced titanium throughput and yields during the quarter. Commercially, we are seeing the value of the work we have invested in over the past several years. Our PM-HIP capability has moved into production for the submarine industrial base, our refractory alloy powder technology is being applied to critical U.S. defense supply chain needs, and our backlog continues to build across the business. In October, we listed our common stock on the Nasdaq Capital Market, a milestone that aligns our capital markets presence with our U.S. operations and customer base and strengthens our ability to invest in the next phase of our growth. With the introduction of fourth quarter 2026 revenue guidance, we are giving investors greater visibility into the trajectory of the business. Looking ahead, we remain focused on bringing our next wave of capacity online, deepening our partnerships with defense and aerospace customers, and converting our backlog into revenue.”

Third quarter revenue of $4.1 million, up 35% year-over-year; nine-month revenue of $11.5 million, up 170% year-over-year

Backlog of $13.4 million as of September 30, 2026, up 96% from year-end 2025

Get started

Create a free account to read the full story.

Sign Up

Already have an account? Log in