Applied Aero (AADX) Reports Record Q3 2026 Revenue Amidst Guidance Revision
Applied Aero (AADX) reported record third-quarter revenue of $182.1 million, representing a 48.6% year-over-year increase driven by strong performance in space and defense sectors. The company achieved an adjusted EBITDA of $39.7 million, up 37.4% from the previous year, supported by significant demand for space launch systems and advanced sensing technologies. Despite record revenue and a growing contracted backlog of $1.3 billion, management revised its full-year 2026 guidance downward due to supply chain constraints and government approval delays. Specifically, approximately $15 million to $20 million in rotorcraft aftermarket revenue has been pushed from Q4 2026 into the first half of 2027. While organic growth remains robust, margin compression was noted as the company invests in capacity expansion.
Tickers: $AADX
Topics: Adjusted EBITDA Contract Backlog Defense Aviation Revenue Growth Space and Launch Systems