Park Aerospace Corp. — Second Quarter 2027 Earnings Summary

Financial Performance

• Net sales for the second quarter ended August 30, 2026, were $20,791,000, representing a 27% increase compared to $16,381,000 in the same period of 2026.
• Net sales for the first six months ended August 30, 2026, were $39,103,000, up from $31,781,000 in the prior year's first six months.
• Net earnings for the second quarter were $4,534,000, compared to $2,404,000 in the prior year quarter; net earnings for the first six months were $8,067,000, compared to $4,484,000.
• Adjusted EBITDA for the second quarter was $5,285,000, an increase from $3,401,000 in the prior year quarter; Adjusted EBITDA for the first six months was $9,861,000, compared to $6,364,000.
• Basic and diluted earnings per share for the second quarter were $0.21, compared to $0.12 in the prior year; for the first six months, basic EPS was $0.38 and diluted EPS was $0.37, compared to $0.23 and $0.22 respectively.
• Gross profit margin for the second quarter was 34.3%, compared to 31.2% in the prior year; for the first six months, the margin was 34.6% compared to 30.9%.
• Selling, General & Administrative expenses were 11.6% of net sales in the second quarter, down from 13.9% in the prior year; for the first six months, SG&A was 12.2% of sales compared to 14.4%.
• Cash and marketable securities increased to $114,749,000 as of August 30, 2026, from $89,368,000 as of March 1, 2026.
• Total assets were $175,083,000 as of August 30, 2026, compared to $142,228,000 as of March 1, 2026.
• Total liabilities were $12,351,000 as of August 30, 2026, compared to $12,278,000 as of March 1, 2026.
• Shareholders' equity increased to $162,732,000 as of August 30, 2026, from $129,950,000 as of March 1, 2026.
• Equity per share was $7.39 as of August 30, 2026, compared to $6.22 as of March 1, 2026.

Business Segments and Product Lines

• The company develops and manufactures solution and hot-melt advanced composite materials, including film adhesives (Aeroadhere®) and lightning strike protection materials (Electroglide®).
• Products are used for primary and secondary structures in jet engines, large and regional transport aircraft, military aircraft, UAVs, business jets, general aviation, and rotary wing aircraft.
• The company offers specialty ablative materials for rocket motors and nozzles, materials for radome applications, and proprietary composite SigmaStrut™ and AlphaStrut™ product lines.
• The company designs and fabricates composite parts, structures, assemblies, and low-volume tooling for the aerospace industry.

Other Key Points

• The company will hold a conference call at 5:00 p.m. EDT on October 8, 2026, to discuss results, with a live audio webcast available at the provided URL.
• A conference call replay will be available from approximately 8:00 p.m. EDT on October 8, 2026, through 11:59 p.m. EDT on October 15, 2026.
• Investor presentation materials will be available on the company's website under "Investor Conference Calls" on the "Shareholders" page.
• The company discloses Adjusted EBITDA as a non-GAAP measure to assist shareholders in assessing operating performance, with a reconciliation provided in the release.