• CPI Aerostructures swung to a profit in the quarter ended March 31, 2026, posting net income of USD 1.24 million, or USD 0.10 per basic share, versus a year-earlier loss.
• Revenue rose 12.7% to USD 17.36 million, driven primarily by favorable adjustments on NGJ - Mid Band Pods and Advanced Tactical Pods and NGJ - Low Band Pods, partly offset by unfavorable adjustments on F-16 RI/DCC’s and Embraer Phenom-300 Engine Inlet Assemblies.
• Gross margin widened 15.1 percentage points to 25.8%, while selling, general and administrative expense fell 6.5% to USD 2.65 million on lower salary-related costs.
• Total backlog stood at USD 494.96 million at March 31, with funded backlog of USD 96.14 million; about 96% of backlog was tied to government and military contractor contracts.
• Company filed a USD 30 million shelf registration statement, including an at-the-market program for up to about USD 17 million of common stock; cash totaled USD 1 million and debt outstanding under the Loan and Security Agreement was USD 19.17 million at quarter-end.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. CPI Aerostructures Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001999371-26-010877), on May 15, 2026, and is solely responsible for the information contained therein.