Park, Aerospace

Park Aerospace Charts Ambitious Course on Strong Quarterly Performance

07.02.2026 - 16:23:04

Park Electrochemicalration US70014A1043

Park Electrochemical Corp., operating as Park Aerospace, has reported robust financial results for the third quarter of its fiscal year 2026, setting the stage for a significant expansion of its operations. The company's performance was propelled by heightened demand within the defense sector, leading to substantial gains in both revenue and profitability.

The composite materials specialist closed the quarter ending November 30, 2025, with notable improvements across key metrics:

  • Revenue reached $17.33 million, marking a 20% year-over-year increase.
  • Earnings per share (EPS) saw a dramatic rise to $0.15, compared to $0.08 in the prior-year period.
  • Profitability remained strong, with the company achieving a gross margin of 34.1%.
  • Balance Sheet Strength: Park Aerospace maintains a solid financial foundation with $63.6 million in cash and no long-term debt.

Defense Sector Demand Fuels Optimistic Forecast

Management has issued an exceptionally confident outlook for the current fourth fiscal quarter. The company anticipates revenue will surge to a range between $23.5 million and $24.5 million. This projected leap is attributed primarily to what the firm describes as unprecedented demand for rocket systems in the defense industry. The company's order books are reported to be full, supporting this near-term optimism.

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Strategic Expansion to Support Long-Term Goals

To capitalize on this momentum and secure long-term growth, Park Aerospace has announced a major strategic investment initiative. The company plans to channel approximately $50 million into doubling its production capacity. This capital expenditure is a cornerstone of a broader ambition to achieve annual revenue of $200 million by fiscal year 2031.

The firm's debt-free status and substantial cash reserves provide the flexibility to fund this expansion without incurring leverage. In a recent management move strengthening its executive team, Constantine Petropoulos was appointed as Senior Vice President and Chief Legal and Capital Markets Officer.

Investors and analysts will be watching for concrete progress on these growth plans when the company releases its fourth-quarter results, which are scheduled for publication on May 14, 2026.

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