AEVEX Corp. Reports Strong Q3 2026 Growth and Raises Full-Year Guidance
AEVEX Corp. (AVEX) delivered robust third-quarter results, reporting revenue of $189.7 million, a 56.5% increase year-over-year. This growth was primarily fueled by high demand for autonomous platforms and significant execution within the Airborne Systems segment, including the EUCOM Deep Strike program. Despite a net loss of $16.8 million due to a one-time deferred tax expense from the BlackSea acquisition, adjusted EBITDA rose to $30.8 million with a 16.2% margin. Reflecting strong momentum, management raised its full-year revenue guidance to a range of $820 million to $840 million and increased its adjusted EBITDA outlook. The company is successfully diversifying away from Ukraine-related operations, supported by a healthy book-to-bill ratio of 1.56 and a massive unfunded backlog of $1.1 billion. While supply chain constraints in components like engines and radios remain a risk, the expansion of production capacity in Tampa positions the firm for continued scaling.
Tickers: $AVEX
Topics: autonomous platforms backlog EBITDA guidance raise revenue growth