PARK AEROSPACE CORP financial statements

Income statement, balance sheet and cash flow statement for the last 10 fiscal years, taken from the XBRL data PARK AEROSPACE CORP files with the SEC in its annual reports.

In USD millions, except per-share amounts. Outflows in the cash flow statement are negative.

Income statement

	FY2017	FY2018	FY2019	FY2020	FY2021	FY2022	FY2023	FY2024	FY2025	FY2026
Revenue	115	111	51.1	60	46.3	53.6	54.1	56	62	73.3
Cost of revenue	84.6	84.7	34.9	41.3	33.1	35.7	37.6	39.5	44.4	50.6
Gross profit	8.3	11.3	16.2	18.7	13.2	17.9	16.5	16.5	17.6	22.7
Selling, general and administrative	10.3	9.86	8.97	7.93	6.11	6.25	6.52	8.15	8.25	9.17
Operating income	-2.01	1.28	7.22	10.7	5.51	11.4	9.95	8.38	9.4	13.5
Interest expense	1.43	2.27	0	0
Pre-tax income	-1.81	0.31	8.1	14.1	7.29	11.8	11	9.43	9.51	15
Income tax	-0.71	-18.2	1.79	3.87	2.09	3.32	0.3	1.96	3.63	3.77
Income from continuing operations	-1.09	18.5	6.31	10.2	5.19	8.46	10.7
Net income	9.28	20.6	114	9.55	4.86	8.46	10.7	7.47	5.88	11.3
EBITDA	-0.16	3.11	9	12.3	6.66	12.5	11.1	9.78	11.2	15.4
EPS, basic	0.46	1.02	5.60	0.47	0.24	0.41	0.52	0.37	0.29	0.56
EPS, diluted	0.46	1.02	5.57	0.47	0.24	0.41	0.52	0.37	0.29	0.56
Shares, basic (weighted)	20.2	20.2	20.3	20.5	0.02	20.4	20.5	20.3	20.1	20
Shares, diluted (weighted)	20.2	20.3	20.4	20.6	0.02	20.6	20.5	20.4	20.2	20.1
Dividend per share		3.00	4.25	1.00		0.40	1.40	50.00	50.00

Balance sheet

	FY2017	FY2018	FY2019	FY2020	FY2021	FY2022	FY2023	FY2024	FY2025	FY2026
Cash and equivalents	102	18.3	71	5.41	41.6	12.8	4.24	6.57	21.6	78.5
Short-term investments	136	90	80.6	117	74.9	97.6	101	70.6	47.2	10.9
Receivables	17.2	6.96	9.35	10.9	7.63	8.34	9.99	12.4	12.9	11
Inventory	11.1	3.96	5.27	6.38	4.79	4.66	6.77	6.4	7.21	7.41
Other current assets	2.2	1.47	1.69	5.54	3.37	3.08	2.84	2.85	1.34	0.92
Total current assets	269	141	168	145	132	126	125	98.8	90.3	109
Property, plant and equipment	18.6	9.81	10.8	16.1	21.1	24.3	24.3	23.5	21.7	21.8
Lease right-of-use assets				0.42	0.1	0.2	0.15	0.1	0.31	0.26
Goodwill	9.78	9.78	9.78	9.78	9.78	9.78
Intangible assets	0.05	0.04	0.04	0.03	0.02	0.01	0.01	0
Other non-current assets	0.99	0.37	0.32	0.27	0.14	0.12	0.11	0.09	0.08	1.7
Total assets	309	170	189	172	164	161	159	132	122	142
Accounts payable	4.18	1.83	3.17	4.74	3.3	2.53	4.55	3.51	2.51	3.68
Accrued liabilities	3.42	1.02	2.92	1.71	1.71	1.49	1.35	1.99	1.32	1.6
Short-term debt	3.5
Total current liabilities	14.1	12.2	11.2	8.71	7.99	6.29	28.6	9.66	9.26	5.96
Long-term debt	68.5
Lease liabilities				0.27	0.09	0.17	0.13	0.08	0.32	0.27
Other non-current liabilities	1.04	0.31	1.02	4.32	4.41	4.5	1.75	1.17	0.07	0.04
Total liabilities	126	34.9	29.8	30.1	27.6	25.3	43.4	19.4	15	12.3
Total debt	72
Paid-in capital	168	169	169	170	170	170	170	170	170	177
Retained earnings	27.1	-21.1	-2.61	-21.8	-25.1	-24.8	-42.7	-45.4	-49.6	-48.2
Treasury stock	-15	-14.9	-9.85	-9.18	-10.8	-9.4	-9.16	-12	-15	-1.33
Other comprehensive income	1.03	0.13	-0.02	0.67	-0.34	-1.97	-4.24	-2.27	-0.67	-0.07
Shareholders' equity	183	135	159	142	136	136	116	113	107	130
Total equity	183	135	159	142	136	136	116	113	107	130
Total liabilities and equity	309	170	189	172	164	161	159	132	122	142
Shares outstanding				20.5	20.4	20.5

Cash flow statement

	FY2017	FY2018	FY2019	FY2020	FY2021	FY2022	FY2023	FY2024	FY2025	FY2026
Net income	9.28	20.6	114	9.55	4.86	8.46	10.7	7.47	5.88	11.3
Depreciation and amortization	1.85	1.83	1.78	1.54	1.15	1.14	1.14	1.4	1.85	1.86
Stock-based compensation	1.21	1.45	1.25	0.73	0.19	0.29	0.37	0.53	0.4	0.4
Deferred income tax	-1.73	-41.7	-0.41	0.89	-0.03	0.92	0.32	1.23	2.08	0.71
Change in inventory	-0.51	-0.54	-1.31	-1.11	1.59	0.14	-2.11	0.36	-0.81	-0.2
Change in payables	0.02	0.65	1.34	1.57	-1.44	0.77	2.01	-1.03	-1	1.17
Cash from operations	13.2	3.34	7.54	5.22	13	8.2	6.49	4.41	4.72	11.5
Capital expenditures	-0.07	-0.57	-2.76	-6.85	-7.49	-4.37	-1.05	-0.65	-0.89	-2.04
Purchases of investments	-72.8	-164	-114	-105	-83.9	-59.4	-63.3	-7.69	-7.77	-2.44
Sales and maturities of investments	75.5	207	126	68.9	124	34.2	57.3	39.7	32.6	39.3
Cash from investing	2.48	42	154	-42.5	33	-29.6	-7.02	31.4	24	34.9
Debt repaid	-3	-72
Stock issued		0.1		0.42	0.01	0.74	0.14	0	0	21.7
Share buybacks				0	-1.64	0	0	-2.88	-4.25	-2.17
Dividends paid	-8.09	-68.8	-95.1	-28.7	-8.15	-8.17	-8.19	-30.6	-10.1	-9.96
Cash from financing	-11.1	-131	-106	-28.3	-9.79	-7.43	-8.05	-33.5	-13.7	10.5
Exchange rate effect	-0.14	0.25	-0.17
Net change in cash	4.68	-84.2	52.8	-65.6	36.2	-28.8	-8.57	2.33	15.1	56.9
Free cash flow	13.1	2.77	4.78	-1.63	5.52	3.83	5.44	3.76	3.83	9.46
Interest paid	1.34	2.13
Income taxes paid	3.65	2.04	14.5	8.3	0.78	3.92	3.24	6.02	5.75	7.68

Key metrics

Worked out from the statements above. Latest values use the trailing twelve months to August 30, 2026; growth uses fiscal years. Valuation uses the share price of $24.61 on November 10, 2026.

Profitability

Metric	Value	How it is calculated
Gross margin	32.7%	Gross profit / revenue.
Operating margin	21.1%	Operating income / revenue.
EBITDA margin	23.4%	EBITDA (operating income + depreciation and amortization) / revenue.
Net margin	18.4%	Net income / revenue.
FCF margin	14.2%	Free cash flow (cash from operations - capital expenditures) / revenue.
Operating cash flow margin	16.5%	Cash from operations / revenue.
Return on equity (ROE)	9.1%	Net income / average shareholders' equity (opening and closing). Not shown when equity is negative.
Return on assets (ROA)	8.5%	Net income / average total assets.
Return on invested capital (ROIC)	20.8%	Approximation: operating income x (1 - tax rate) / average (total debt + equity - cash). Tax rate is the effective rate when between 0% and 50%, else 21%.
SG&A / revenue	11.6%	Selling, general and administrative expense / revenue.
Stock-based pay / revenue	0.5%	Stock-based compensation (from the cash flow statement) / revenue.
Capex / revenue	2.3%	Capital expenditures / revenue.
D&A / revenue	2.3%	Depreciation and amortization / revenue.

Growth

Metric	Value	How it is calculated
Revenue growth, 1y	18.2%	Revenue vs the same period a year earlier. Only from a positive base.
Revenue CAGR, 3y	10.7%	Compound annual growth of revenue over 3 fiscal years: (end / start)^(1/3) - 1. Only when both values are positive.
Revenue CAGR, 5y	9.6%	Compound annual growth of revenue over 5 fiscal years: (end / start)^(1/5) - 1. Only when both values are positive.
Gross profit growth, 1y	28.5%	Gross profit vs the same period a year earlier. Only from a positive base.
Gross profit CAGR, 3y	11.2%	Compound annual growth of gross profit over 3 fiscal years: (end / start)^(1/3) - 1. Only when both values are positive.
Gross profit CAGR, 5y	11.4%	Compound annual growth of gross profit over 5 fiscal years: (end / start)^(1/5) - 1. Only when both values are positive.
Operating income growth, 1y	43.7%	Operating income vs the same period a year earlier. Only from a positive base.
Operating income CAGR, 3y	10.7%	Compound annual growth of operating income over 3 fiscal years: (end / start)^(1/3) - 1. Only when both values are positive.
Operating income CAGR, 5y	19.6%	Compound annual growth of operating income over 5 fiscal years: (end / start)^(1/5) - 1. Only when both values are positive.
EBITDA growth, 1y	36.6%	EBITDA vs the same period a year earlier. Only from a positive base.
EBITDA CAGR, 3y	11.5%	Compound annual growth of ebitda over 3 fiscal years: (end / start)^(1/3) - 1. Only when both values are positive.
EBITDA CAGR, 5y	18.2%	Compound annual growth of ebitda over 5 fiscal years: (end / start)^(1/5) - 1. Only when both values are positive.
Net income growth, 1y	91.6%	Net income vs the same period a year earlier. Only from a positive base.
Net income CAGR, 3y	1.7%	Compound annual growth of net income over 3 fiscal years: (end / start)^(1/3) - 1. Only when both values are positive.
Net income CAGR, 5y	18.3%	Compound annual growth of net income over 5 fiscal years: (end / start)^(1/5) - 1. Only when both values are positive.
EPS growth, 1y	93.1%	EPS vs the same period a year earlier. Only from a positive base.
EPS CAGR, 3y	2.5%	Compound annual growth of eps over 3 fiscal years: (end / start)^(1/3) - 1. Only when both values are positive.
EPS CAGR, 5y	18.5%	Compound annual growth of eps over 5 fiscal years: (end / start)^(1/5) - 1. Only when both values are positive.
Operating cash flow growth, 1y	143.8%	Operating cash flow vs the same period a year earlier. Only from a positive base.
Operating cash flow CAGR, 3y	21.0%	Compound annual growth of operating cash flow over 3 fiscal years: (end / start)^(1/3) - 1. Only when both values are positive.
Operating cash flow CAGR, 5y	-2.4%	Compound annual growth of operating cash flow over 5 fiscal years: (end / start)^(1/5) - 1. Only when both values are positive.
Free cash flow growth, 1y	147.2%	Free cash flow vs the same period a year earlier. Only from a positive base.
Free cash flow CAGR, 3y	20.2%	Compound annual growth of free cash flow over 3 fiscal years: (end / start)^(1/3) - 1. Only when both values are positive.
Free cash flow CAGR, 5y	11.4%	Compound annual growth of free cash flow over 5 fiscal years: (end / start)^(1/5) - 1. Only when both values are positive.
Book value growth, 1y	21.3%	Book value vs the same period a year earlier. Only from a positive base.
Book value CAGR, 3y	3.9%	Compound annual growth of book value over 3 fiscal years: (end / start)^(1/3) - 1. Only when both values are positive.
Book value CAGR, 5y	-0.9%	Compound annual growth of book value over 5 fiscal years: (end / start)^(1/5) - 1. Only when both values are positive.
Total assets growth, 1y	16.5%	Total assets vs the same period a year earlier. Only from a positive base.
Total assets CAGR, 3y	-3.7%	Compound annual growth of total assets over 3 fiscal years: (end / start)^(1/3) - 1. Only when both values are positive.
Total assets CAGR, 5y	-2.8%	Compound annual growth of total assets over 5 fiscal years: (end / start)^(1/5) - 1. Only when both values are positive.
Share count change, 1y	-0.4%	Change in diluted weighted shares vs a year earlier. Negative means buybacks shrank the share count; positive means dilution.
Share count change per year, 3y	-0.6%	Change in diluted weighted shares, per year over 3 years. Negative means buybacks shrank the share count; positive means dilution.
Share count change per year, 5y	296.7%	Change in diluted weighted shares, per year over 5 years. Negative means buybacks shrank the share count; positive means dilution.

Balance sheet health

Metric	Value	How it is calculated
Current ratio	22.7x	Current assets / current liabilities.
Quick ratio	21.1x	(Cash + short-term investments + receivables) / current liabilities.
Cash ratio	18.7x	(Cash + short-term investments) / current liabilities.
Liabilities / assets	7.1%	Total liabilities / total assets.
Working capital	$133.8M	Current assets - current liabilities.
Tangible book value	$162.7M	Shareholders' equity - goodwill - intangible assets.

Efficiency

Metric	Value	How it is calculated
Asset turnover	0.46x	Revenue / average total assets.
Fixed asset turnover	3.77x	Revenue / average property, plant and equipment.
Inventory turnover	6.06x	Cost of revenue / average inventory.
Days inventory	60 days	365 x average inventory / cost of revenue.
Receivables turnover	5.44x	Revenue / average receivables.
Days sales outstanding	67 days	365 x average receivables / revenue.
Days payables	24 days	365 x average accounts payable / cost of revenue.
Cash conversion cycle	103 days	Days inventory + days sales outstanding - days payables.
FCF conversion	77.1%	Free cash flow / net income, when net income is positive.
Capex / operating cash flow	13.9%	Capital expenditures / cash from operations, when that is positive.

Per share

Metric	Value	How it is calculated
EPS, diluted	$0.68	Net income per diluted share, as reported (split-adjusted). Over the last twelve months: the four quarters summed, or net income / latest diluted shares when a quarter has no reported EPS.
Revenue per share	$3.68	Revenue / diluted weighted shares.
FCF per share	$0.52	Free cash flow / diluted weighted shares.
Operating cash flow per share	$0.61	Cash from operations / diluted weighted shares.
Book value per share	$7.42	Shareholders' equity / shares outstanding (diluted weighted shares when not reported).
Tangible book per share	$7.42	Tangible book value / shares outstanding.
Cash per share	$5.23	(Cash + short-term investments) / shares outstanding.
Payout ratio	69.4%	Dividends paid / net income, when net income is positive.
Dividends / FCF	90.0%	Dividends paid / free cash flow, when free cash flow is positive.
Buybacks / FCF	0.0%	Share buybacks / free cash flow, when free cash flow is positive.

Valuation

Metric	Value	How it is calculated
Market cap	$535.3M	Share price x shares outstanding.
Enterprise value	$420.5M	Market cap + total debt - cash - short-term investments.
P/E	36.0x	Market cap / net income. Only when net income is positive.
P/S	6.64x	Market cap / revenue.
P/B	3.29x	Market cap / shareholders' equity. Only when equity is positive.
Price / tangible book	3.29x	Market cap / tangible book value, when positive.
P/FCF	46.7x	Market cap / free cash flow. Only when free cash flow is positive.
P/OCF	40.3x	Market cap / cash from operations, when positive.
EV/Sales	5.22x	Enterprise value / revenue.
EV/EBIT	24.8x	Enterprise value / operating income, when both are positive.
EV/EBITDA	22.3x	Enterprise value / EBITDA, when both are positive.
EV/FCF	36.7x	Enterprise value / free cash flow, when both are positive.
FCF yield	2.1%	Free cash flow / market cap.
Earnings yield	2.8%	Net income / market cap (the inverse of P/E).
Dividend yield	1.9%	Dividends paid over the period / market cap.
Shareholder yield	1.9%	(Dividends paid + share buybacks) / market cap.
PEG	14.4x	P/E / EPS growth per year over 3 years (in percent). Only when both are positive.

What was PARK AEROSPACE CORP's revenue in fiscal 2026?

PARK AEROSPACE CORP reported revenue of $73.3M for fiscal 2026, 18.2% higher than the year before.

Was PARK AEROSPACE CORP profitable in fiscal 2026?

Yes. Net income was $11.3M, a net margin of 15.4%.

How much free cash flow did PARK AEROSPACE CORP generate in fiscal 2026?

Cash from operations of $11.5M minus capital expenditures of $2.0M left free cash flow of $9.5M.

Source: SEC EDGAR XBRL company facts. Where a company tags only year-to-date figures, quarters are worked out as differences. Where a line is not tagged it is left empty, never estimated.

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