NEW YORK, Jan 8, 2026, 12:02 EST — Regular session
- Astronics shares rise about 9% after the company posted preliminary fourth-quarter revenue above its prior forecast.
- The aerospace supplier set initial 2026 revenue guidance at $950 million to $990 million.
- Investors now look for detail on margins, cash flow and backlog at management’s conference appearances next week.
Astronics Corp (ATRO.O) shares rose about 8.5% on Thursday after the aerospace supplier posted preliminary fourth-quarter revenue above its target range and set a 2026 revenue outlook that points to another year of growth. The stock was up 8.5% at $63.20 in midday trading, after earlier touching $65.24.
Astronics said preliminary unaudited fourth-quarter revenue was about $236 million to $239 million, and it forecast 2026 revenue of $950 million to $990 million. The company pegged 2025 revenue at about $860 million, based on the midpoint of the fourth-quarter range.
Astronics had guided for fourth-quarter revenue of $225 million to $235 million when it reported third-quarter results in November, and said it expected full-year 2025 revenue of $847 million to $857 million.
At the midpoint of the new range, Astronics said fourth-quarter revenue was up about 14% from a year earlier and up 12% from the prior quarter. It also reported preliminary bookings of about $257 million in the quarter, taking full-year orders to about $924 million.
“We ended the year on a strong note,” Chairman, President and CEO Peter J. Gundermann said, adding the company expects momentum to carry into 2026 as demand and backlog support higher sales. Business Wire
A filing showed Astronics lodged the update in a Form 8-K and cautioned the figures are preliminary and unaudited, and could still change as it finishes year-end closing work and completes its audit.
The release offered revenue guardrails, not profit targets. That leaves investors watching for evidence that higher volume turns into better margins and steadier cash generation, especially if orders keep running ahead of sales.
But the numbers are still early, and the company is selling into an industry where delivery schedules, certification work and customer timing can move around. A softer demand backdrop or production hiccups could also slow how quickly bookings turn into revenue.
