company_name: PKE Energy (PKE) ticker:PKE quarter: Financial Results Summary
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Park Aerospace Corp. (PKE) Q2 2026 Financial Results Summary
On October 9, 2025, Park Aerospace Corp. (NYSE: PKE) released its financial results for the second quarter of the 2026 fiscal year, which ended on August 31, 2025.
Financial Highlights
- Net Sales
- Q2 2026: $16,381,000
- Q2 2025: $16,709,000 (↓ 1.96%)
- Q1 2026: $15,400,000 (↑ 6.38%)
- Sales for the first six months of FY 2026: $31,781,000
-
Sales for the same period in FY 2025: $30,679,000 (↑ 3.58%)
-
Net Earnings
- Q2 2026: $2,404,000
- Q2 2025: $2,066,000 (↑ 16.33%)
- Q1 2026: $2,080,000 (↑ 15.57%)
- Net earnings for the first six months of FY 2026: $4,484,000
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Net earnings for the same period in FY 2025: $3,059,000 (↑ 46.6%)
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Net Earnings Before Special Items
- Q2 2026: $2,404,000
- Q2 2025: $2,092,000 (↑ 14.91%)
- Q1 2026: $2,080,000 (↑ 15.57%)
- For the six months ended August 31, 2025: $4,484,000
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For the same period in FY 2025: $3,873,000 (↑ 15.77%)
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Adjusted EBITDA
- Q2 2026: $3,401,000
- Q2 2025: $3,206,000 (↑ 6.08%)
- Q1 2026: $2,963,000 (↑ 14.77%)
- For the first six months of FY 2026: $6,364,000
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For the same period in FY 2025: $5,816,000 (↑ 9.46%)
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Earnings Per Share
- Basic and Diluted EPS for Q2 2026: $0.12
- Basic and Diluted EPS for Q2 2025: $0.10 (↑ 20%)
- Basic and Diluted EPS for Q1 2026: $0.10 (↑ 20%)
- Basic and Diluted EPS for the first six months of FY 2026: $0.23 and $0.22, respectively
- Basic and Diluted EPS for the same period in FY 2025: $0.15 (↑ 53.33%)
Significant Items
- Special Items: No special items were reported during the current quarter or the first six months of FY 2026.
- Previous Year Adjustments: In the prior fiscal year, Park Aerospace had recorded charges related to storm damage: $46,000 in Q2 2025 and $1,098,000 over the first six months.
Financial Position
- Total Assets: $116,448,000 (as of August 31, 2025)
- Decreased from $122,108,000 (as of March 2, 2025).
- Total Liabilities: $10,653,000 (as of August 31, 2025)
- Decreased from $14,954,000 (as of March 2, 2025).
- Shareholders’ Equity: $105,795,000 (as of August 31, 2025)
- Decreased from $107,154,000 (as of March 2, 2025).
Dividend and Share Repurchase
- There was no mention of a quarterly dividend declaration or any share repurchase activities in the report.
Conclusion
Park Aerospace Corp. showed notable growth in net earnings, earnings before special items, and adjusted EBITDA compared to the previous fiscal year’s second quarter. Despite a slight decline in net sales year-over-year, the company marked improvements across most key financial metrics, reflecting a solid financial standing as of August 31, 2025.
Here are the extracted tables from the press release:
Condensed Comparative Statements of Operations (in thousands – unaudited)
| 13 Weeks Ended | 13 Weeks Ended | 13 Weeks Ended | 26 Weeks Ended | 26 Weeks Ended | |
|---|---|---|---|---|---|
| August 31, 2025 | September 1, 2024 | June 1, 2025 | August 31, 2025 | September 1, 2024 | |
| Net Sales | $16,381 | $16,709 | $15,400 | $31,781 | $30,679 |
| Cost of Sales | $11,265 | $11,952 | $10,682 | $21,947 | $21,823 |
| Gross Profit | $5,116 | $4,757 | $4,718 | $9,834 | $8,856 |
| % of net sales | 31.2% | 28.5% | 30.6% | 30.9% | 28.9% |
| Selling, General & Administrative | $2,271 | $2,140 | $2,299 | $4,570 | $4,157 |
| % of net sales | 13.9% | 12.8% | 14.9% | 14.4% | 13.5% |
| Earnings from Operations | $2,845 | $2,617 | $2,419 | $5,264 | $4,699 |
| Storm Damage Charge | $- | $-46 | $- | $- | $-1,098 |
| Interest and Other Income | $390 | $245 | $355 | $745 | $584 |
| Earnings from Operations before Income Taxes | $3,235 | $2,816 | $2,774 | $6,009 | $4,185 |
| Income Tax Provision | $831 | $750 | $694 | $1,525 | $1,126 |
| Net Earnings | $2,404 | $2,066 | $2,080 | $4,484 | $3,059 |
| % of net sales | 14.7% | 12.4% | 13.5% | 14.1% | 10.0% |
Condensed Comparative Balance Sheets (in thousands)
| August 31, 2025 | March 2, 2025 | |
|---|---|---|
| -unaudited | ||
| Assets | ||
| Current Assets | ||
| Cash and Marketable Securities | $61,553 | $68,834 |
| Accounts Receivable, Net | $12,640 | $12,903 |
| Inventories | $8,101 | $7,213 |
| Prepaid Expenses and Other Current Assets | $1,012 | $1,344 |
| Total Current Assets | $83,306 | $90,294 |
| Fixed Assets, Net | $21,403 | $21,650 |
| Operating Right-of-use Assets | $282 | $308 |
| Other Assets | $11,457 | $9,856 |
| Total Assets | $116,448 | $122,108 |
| Liabilities and Shareholders’ Equity | ||
| Current Liabilities | ||
| Accounts Payable | $3,324 | $2,513 |
| Accrued Liabilities | $1,250 | $1,318 |
| Operating Lease Liability | $42 | $40 |
| Income Taxes Payable | $125 | $5,390 |
| Total Current Liabilities | $4,741 | $9,261 |
| Long-term Operating Lease Liability | $296 | $318 |
| Deferred Income Taxes | $5,541 | $5,304 |
| Other Liabilities | $75 | $71 |
| Total Liabilities | $10,653 | $14,954 |
| Shareholders’ Equity | $105,795 | $107,154 |
| Total Liabilities and Shareholders’ Equity | $116,448 | $122,108 |
| Additional information | ||
| Equity per Share | $5.31 | $5.36 |