Applied Aerospace & Defense Reports Third Quarter 2026 Financial Results
Business Wire•11/11/2026•07:00 ET
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Key Highlights
- ➤Q3 revenue $182.1 million, up 48.6% year over year
- ➤Q3 net income $30.6 million; diluted EPS $0.18
- ➤Adjusted EBITDA $39.7 million, up 37.4% year over year
- ➤Contract backlog reached $1.26 billion as of September 30, 2026
- ➤Full-year 2026 revenue outlook $660 million-$670 million; Adjusted EBITDA $137 million-$142 million
Expert Statements
Trip Ferguson, Chief Executive Officer of Applied Aerospace & Defense
“Our third quarter reflected broad-based demand across our end markets. We delivered record revenue of $182.1 million and Adjusted EBITDA of $39.7 million. Excluding acquisitions completed in 2026, revenue grew 20.3%, while those acquisitions added capabilities and capacity in areas that matter most to our customers.”
Trip Ferguson, Chief Executive Officer of Applied Aerospace & Defense
“What distinguishes Applied is the diversity of our growth. Space and launch systems, defense aviation and airborne systems, and advanced sensing and precision strike systems each delivered double-digit revenue growth, while backlog increased to nearly $1.3 billion across the portfolio. Our long-standing customer relationships and embedded positions on both enduring programs of record and next-generation programs provide multi-year revenue visibility. We are making strategic investments to support this growth and to expand our content on those programs.”
Applied Aerospace & Defense Reports Third Quarter 2026 Financial Results
Applied Aerospace & Defense (NYSE: AADX) (“Applied” or "the Company"), a premier provider of advanced design, engineering, and vertically integrated manufacturing solutions for leading and next-generation space and defense technology companies, today reported its financial results for the third quarter ended September 30, 2026.
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