TAT Technologies Reports Strong Q3 2026 Results with Record EBITDA Margins
TAT Technologies (TATT) reported robust third-quarter 2026 financial results, characterized by a 20.2% year-over-year revenue increase to $55.6 million. The company achieved record profitability, with Adjusted EBITDA growing 60.9% to $10.9 million and a record margin of 19.6%. This growth was primarily fueled by strong performance in the Auxiliary Power Unit (APU) segment and an 85.5% surge in trading, leasing, and distribution revenue. Management successfully executed a strategic shift toward higher-margin business lines, resulting in a record gross margin of 30.9%. While landing gear revenue saw a significant decline due to intentional capacity reallocation and supply chain issues, the company's overall financial position remains strong with $42.6 million in net cash and low leverage. Despite risks regarding rising oil prices affecting airline spending, the company maintains a substantial backlog of $577 million.
Tickers: $TATT
Topics: EBITDA EPS Net Income Revenue Growth Segment Performance