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Ati vs Luda Technology: revenue, profit, margins and growth compared

Ati brought in $4.6B of revenue in fiscal 2025, Luda Technology $33.5M in fiscal 2025. Revenue changed by +5.2% at Ati and -25.3% at Luda Technology on the year before, so Ati grew faster. Ati kept 8.8% of its revenue as net profit, Luda Technology 1.7%. Free cash flow was $333.7M at Ati and -$2.2M at Luda Technology.

Side by side, latest fiscal year

ATILUD
Fiscal year endedFY2025 (December 28, 2025)FY2025 (December 31, 2025)
Revenue$4.6B$33.5M
Revenue growth+5.2%-25.3%
Net income$404.3M$556.8K
Net margin8.8%1.7%
Free cash flow$333.7M-$2.2M
Free cash flow margin7.3%-6.5%
Earnings per share (diluted)$2.85$0.03
Cash$416.7M$4.5M
Debt$1.7B$1.8M
Price to earnings65.1n/a
Market value$25.3B$90.8M
Dividend yieldn/an/a
Rank by revenue in sector#127 of 451 · Industrials#414 of 451 · Industrials

Over the years

Revenue
ATI FY2020: $3BATI FY2021: $2.8BATI FY2021: $2.8BATI FY2022: $3.8BATI FY2023: $3.8BATI FY2023: $4.2BATI FY2024: $4.4BATI FY2025: $4.6BLUD FY2022: $49.9MLUD FY2024: $51.4MLUD FY2024: $44.9MLUD FY2025: $33.5MFY20FY21FY22FY23FY24FY25
ATI $4.6BLUD $33.5M
Net income
ATI FY2020: -$1.6BATI FY2021: -$38.2MATI FY2021: $184.6MATI FY2022: $130.9MATI FY2023: $323.5MATI FY2023: $410.8MATI FY2024: $367.8MATI FY2025: $404.3MLUD FY2022: $3.1MLUD FY2024: $3MLUD FY2024: -$361KLUD FY2025: $556.8KFY20FY21FY22FY23FY24FY25
ATI $404.3MLUD $556.8K
Net margin
ATI FY2020: -52.7%ATI FY2021: -1.4%ATI FY2021: 6.6%ATI FY2022: 3.4%ATI FY2023: 8.4%ATI FY2023: 9.8%ATI FY2024: 8.4%ATI FY2025: 8.8%LUD FY2022: 6.2%LUD FY2024: 5.9%LUD FY2024: -0.8%LUD FY2025: 1.7%FY20FY21FY22FY23FY24FY25
ATI 8.8%LUD 1.7%
Revenue growth
ATI FY2021: -6.1%ATI FY2021: 0.0%ATI FY2022: +37.0%ATI FY2023: 0.0%ATI FY2023: +8.8%ATI FY2024: +4.5%ATI FY2025: +5.2%LUD FY2024: +3.2%LUD FY2024: -12.8%LUD FY2025: -25.3%FY21FY22FY23FY24FY25
ATI +5.2%LUD -25.3%
Free cash flow
ATI FY2020: $30.4MATI FY2021: -$136.5MATI FY2021: -$136.5MATI FY2022: $94MATI FY2023: $94MATI FY2023: -$114.8MATI FY2024: $168.1MATI FY2025: $333.7MLUD FY2022: -$1.5MLUD FY2024: $1.6MLUD FY2024: $4.4MLUD FY2025: -$2.2MFY20FY21FY22FY23FY24FY25
ATI $333.7MLUD -$2.2M

Fiscal years as each company reports them; the two may end in different months.

Questions about Ati and Luda Technology

Which is bigger by revenue, Ati or Luda Technology?

Ati is bigger by revenue: $4.6B in fiscal 2025, against $33.5M for Luda Technology in fiscal 2025.

Which keeps more of its revenue as profit, Ati or Luda Technology?

Ati had a net margin of 8.8% in fiscal 2025; Luda Technology had 1.7% in fiscal 2025.

Which grew revenue faster, Ati or Luda Technology?

In their latest fiscal years revenue changed by +5.2% at Ati and -25.3% at Luda Technology.

Where do these numbers come from?

From the annual reports each company files with the SEC (10-K, or 20-F and 40-F for foreign companies), read from their XBRL data. Margins and growth are simple arithmetic on those figures. Nothing here is a recommendation.

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