Park Aerospace (PKE) investor relations material

Executive summary

• Q1/FY2027 net sales were $18.3 million, up from $15.4 million year-over-year but down from $24.2 million sequentially, driven by strong commercial and military demand.

• Net earnings for Q1/FY2027 were $3.5 million (19.3% of sales), up from $2.1 million (13.5%) year-over-year and down from $3.8 million (15.9%) sequentially.

• Adjusted EBITDA for Q1/FY2027 was $4.6 million (25% margin), up from $3.0 million (19.2%) year-over-year.

• Major new agreements, capacity expansions, and investments in new manufacturing facilities, including Tulsa, Oklahoma, position the company for substantial growth in commercial and defense sectors.

• Top five customers accounted for 64% of sales; top 10 for 72%.

Financial highlights

• Q1/FY2027 sales: $18.3 million; gross profit: $6.4 million; gross margin: 34.8%.

• Net earnings: $3.5 million; adjusted EBITDA: $4.6 million (25% margin); net margin: 19.3%.

• Earnings from operations: $4.0 million; interest and other income: $786,000.

• Cash and marketable securities at Q1 end: $89.4 million; estimated $114 million at June 2026.

• No long-term debt; 41 consecutive years of uninterrupted regular cash dividends.

Outlook and guidance

• Q2/FY2027 sales guidance: $19.5–$21 million; adjusted EBITDA: $4.3–$5.1 million.

• Full-year GE Aerospace program sales forecast: $34–$38 million.

• Growth driven by commercial aircraft ramp-up, missile system demand, and major investments in new manufacturing capacity.

• Management highlights supply chain and international freight risks for Q2.

• Financial resources considered sufficient for ongoing operations, expansion, and shareholder returns.