Earnings Releases·Nov 5, 2026, 6:11 AM ET

Ducommun Incorporated — Third Quarter 2026 Earnings Summary

Net revenue reached a record $227.0 million (up 6% YoY), while net income swung to a profit of $13.9 million ($0.89/share) from a $60.8 million loss in the prior year, driven by the absence of $99.7 million in non-recurring litigation costs.
Gross margin expanded to a record 28.9% (up 140 bps YoY), and Adjusted EBITDA rose 6% to $39.7 million (17.5% of revenue), positioning the company near its VISION 2027 goal of 18% EBITDA.
Management launched the "VISION 2032 Plan" targeting $1.6–$1.7 billion in annual revenue and 23% Adjusted EBITDA margins, supported by record Remaining Performance Obligations (RPO) of $1.3 billion.
Defense bookings demonstrated strong demand with a 2.2x book-to-bill ratio, while commercial aerospace revenue approaches a $100 million quarterly run rate driven by Boeing 737 MAX and Airbus A320 platforms.