Park Aerospace Corp. (PKE) reported significant earnings growth for the third quarter of fiscal 2026, with earnings per share (EPS) rising to 15 cents, an 87.5% increase year-over-year. The company’s net sales reached $17.3 million, up 20.3% from $14.4 million in the same quarter last year. This growth translated into nearly double net earnings of $3 million compared to $1.6 million from the prior year.
Since its earnings announcement on Nov. 30, 2025, Park Aerospace’s shares have increased by 4.8%, outpacing the S&P 500, which saw a 0.5% decline in the same period. Gross margin improved markedly to 34.1% from 26.6%, aided by enhanced operational efficiencies. The adjusted EBITDA rose 75%, reaching $4.2 million, up from $2.4 million a year earlier.
Strong demand in the aerospace sector, particularly in defense applications, was cited as a key driver of the financial results, alongside improvements in cost management and operational streamlining. Gross profit climbed 54% to $5.9 million, while operating income nearly doubled to $3.6 million due to increased revenue and margin expansion.
