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Applied Aerospace & Defense, Inc. (AADX) Financial History

20 years of revenue, earnings, cash-flow and balance-sheet history from public filings.

INDUSTRIALS · AEROSPACE & DEFENSE · DATA UPDATED 2026-09-06

Applied Aerospace & Defense, Inc. (AADX) operates in the AEROSPACE & DEFENSE industry and is headquartered in Huntsville, United States with about 1,542 employees. Its market capitalization is roughly $2 billion. In the fiscal year ended 2025-12-31, AADX reported $604M in revenue and ($49M) in net income.

Applied Aerospace & Defense, Inc. designs, engineers, and manufactures integrated aerospace and defense subsystems for space and defense applications.

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AADX Revenue & Earnings History — Annual Income Statement

Income statementTTM → 2026-06-302025-12-312024-12-31
Total Revenue$594M$604M$400M
Gross Profit$137M$165M$98M
Gross Margin %23.1%27.2%24.5%
Operating Income (EBIT)($120M)$57M$33M
Operating Margin %-20.3%9.4%8.2%
Net Income($238M)($49M)($35M)
Net Margin %-40.1%-8.1%-8.7%
EBITDA($95M)$99M$68M
Earnings Per Share (EPS)$-1.53$-0.29$-0.20
Shares Outstanding (M)148M171M171M

USD; $M / $B as marked. Newest period first. Source: public company filings (via Yahoo Finance aggregation).

AADX Quarterly Revenue & Earnings — Last 8 Quarters

Quarterly income statement2026-06-302026-03-312025-12-312025-09-302025-06-302025-03-312024-12-312024-09-30
Total Revenue$167M$152M$152M$123M$113M$111M$98M$104M
Gross Profit$37M$37M$36M$28M$25M$31M$16M$21M
Gross Margin %22.2%24.0%23.5%22.7%22.5%27.8%16.0%20.5%
Operating Income (EBIT)($96M)($57M)$17M$16M$14M$12M$0M$14M
Operating Margin %-57.5%-37.5%11.4%12.8%12.3%10.8%0.3%13.5%
Net Income($154M)($79M)($8M)$3M($5M)($7M)($21M)($1M)
Net Margin %-92.0%-51.8%-5.1%2.2%-4.1%-6.6%-21.2%-1.1%
EBITDA($96M)($45M)$24M$22M$20M$22M$7M$20M
Earnings Per Share (EPS)$-1.04$-0.46$-0.05$0.02$-0.03$-0.04$-0.12$-0.01
Shares Outstanding (M)148M171M171M171M171M171M171M171M

USD; $M / $B as marked. Newest period first. Source: public company filings (via Yahoo Finance aggregation).

AADX Free Cash Flow History

Cash flowTTM → 2026-06-302025-12-312024-12-31
Cash from Operations (CFO)($82M)($29M)$5M
Capital Expenditures (CapEx)$22M$17M$15M
Free Cash Flow (FCF)($104M)($46M)($10M)
FCF Margin %-17.5%-7.7%-2.6%
Dividends Paid$0M$80M

USD; $M / $B as marked. Newest period first. Source: public company filings (via Yahoo Finance aggregation).

AADX Quarterly Free Cash Flow — Last 8 Quarters

Quarterly cash flow2026-06-302026-03-312025-03-31
Cash from Operations (CFO)($10M)($72M)($7M)
Capital Expenditures (CapEx)$15M$7M$5M
Free Cash Flow (FCF)($25M)($79M)($12M)
FCF Margin %-14.7%-52.1%-10.7%

USD; $M / $B as marked. Newest period first. Source: public company filings (via Yahoo Finance aggregation).

AADX Balance Sheet History

Balance sheet2026-06-302025-12-312024-12-31
Total Assets$1.5B$999M$950M
Cash & Cash Equivalents$18M$15M$27M
Total Liabilities$672M$840M$784M
Total Debt (Short + Long-Term)$7M$639M$579M
Total Shareholders' Equity$828M$159M$166M

USD; $M / $B as marked. Newest period first. Source: public company filings (via Yahoo Finance aggregation).

Quarterly statements, profitability ratios, price history, insider activity and institutional holders are in the interactive AADX viewer.

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