Strong top- and bottom-line momentum driven by APU and landing gear MRO segments. The $615M backlog provides visibility. Monitor for continued margin expansion and deployment of the net cash position for M&A as flagged in the presentation.
Price Chart
Executive Summary
TAT Technologies reported strong Q2 2026 results via an investor presentation filed as Exhibit 99.1 to a Form 6-K. Revenue grew 22.8% YoY to $52.9M, with EPS of $0.61 (up 106.8% YoY). Net income of $8.1M included a $3.4M non-operating gain from the sale of a minority interest. The company highlighted a $615M backlog, strong cash position ($54.6M), and an equity-to-assets ratio of 0.77.
Key Facts
- Q2 2026 revenue of $52.9M, up 22.8% YoY from $43.1M
- Diluted EPS of $0.61, up 106.8% YoY from $0.30
- Net income of $8.1M, up 134.5% YoY, which included a $3.4M non-operating gain
- Gross margin improved to 25.2% from 25.1% YoY
- APU segment revenue grew 51.8% YoY, Landing Gear grew 45.1% YoY
- Backlog of $615M at Q2 2026
- Cash and cash equivalents of $54.6M at June 30, 2026, up from $51.6M at year-end 2025
- Shareholders' equity of $188.9M; equity-to-assets ratio of 0.77
Financial Impact
Revenue +22.8% YoY, EPS +106.8%, net income +134.5%, all with strong operating cash flow.
Risk Factors
- Net income included a $3.4M non-recurring gain from sale of a minority interest, which may overstate earnings quality
- H1 2026 operating margin declined 100bp YoY; operating expenses may be growing faster than revenue on a year-to-date basis
- Cash flow from operations was negative ($0.56M) in Q2 2026, a sharp reversal from $6.95M in Q2 2025
Market Snapshot
Investment Themes
Documents Analyzed
This report is based on 5 SEC documents filed with EDGAR.
| Document | Accession Number |
|---|---|
| 6-K Filing (Primary) | 0001178913-26-003837 |
| Document: zk2635844.htm | 0001178913-26-003837 |
| Document: 0001178913-26-003837-index-headers.html | 0001178913-26-003837 |
| Document: 0001178913-26-003837-index.html | 0001178913-26-003837 |
| Document: 0001178913-26-003837.txt | 0001178913-26-003837 |
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
Sep 9, 2026 6w ago | 6-K | $38.67 $32.50 | ▼ −15.96% | ▼ −17.90% | $32.96 (−14.77%) |
Aug 5, 2026 11w ago | 6-K | $42.62 $37.03 | ▼ −13.12% | ▼ −12.51% | $32.96 (−22.67%) |
Aug 5, 2026 11w ago | 6-K | $42.62 $37.03 | ▼ −13.12% | ▼ −12.51% | $32.96 (−22.67%) |
Aug 5, 2026 11w ago | 6-K | $42.62 $37.03 | ▼ −13.12% | ▼ −12.51% | $32.96 (−22.67%) |
Jul 14, 2026 15w ago | 6-K | $44.26 $37.74 | ▼ −14.73% | ▼ −17.22% | $32.96 (−25.53%) |
Jun 3, 2026 20w ago | 6-K | $42.82 $47.60 | ▲ +11.16% | ▲ +12.16% | $32.96 (−23.03%) |
May 20, 2026 22w ago | 6-K | $39.54 $46.76 | ▲ +18.26% | ▲ +17.52% | $32.96 (−16.64%) |
US Market Status
Subscribe to SecBot
Get Real-Time SEC Filing Intelligence
Comprehensive SEC filing analysis delivered the moment filings hit EDGAR. Sentiment scoring, impact analysis, and actionable insights for every material event.
Create a free account Live analysis, Telegram alerts, watchlists and the MCP server for subscribers