Applied Aerospace & Defense Q2 FY26 net loss widens to $154 million; revenue rises 47.4% to $167.3 million

Reuters2026/08/12 10:32

Bitget offers one-stop trading for cryptocurrencies, stocks, and gold. Trade now!

A welcome pack worth 6200 USDT for new users! Sign up now!

Applied Aerospace & Defense posted Q2 revenue of $167.3 million, up 47.4% year over year; GAAP net loss widened to $154 million.
Loss was mainly due to share-based compensation and IPO transaction expenses; GAAP operating loss was $96.2 million.
Non-GAAP adjusted EBITDA rose 38.5% to $36.4 million.
Contract backlog climbed to $1.13 billion; June IPO raised $635.6 million in net primary proceeds, cutting pro forma net leverage to 2.7x.
Applied forecast full-year revenue of $670 million-$690 million, with non-GAAP adjusted EBITDA of $150 million-$155 million.

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. Applied Aerospace & Defense Inc. published the original content used to generate this news brief via Business Wire (Ref. ID: 20260811723545) on August 12, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

Understand the market, then trade.

Bitget offers one-stop trading for cryptocurrencies, stocks, and gold.

Trade now！

Applied Aerospace & Defense Q2 FY26 net loss widens to $154 million; revenue rises 47.4% to $167.3 million

You may also like

Crypto prices