TAT Technologies Q2 Revenue Jumps 23%, Net Income More Than Doubles on One-Time Gain
TATT sits 47% above its 52-week low of $30.355.
Summary
TAT Technologies reported Q2 2026 revenue of $52.9M (+22.8% YoY) and net income of $8.1M (+134.5% YoY), aided by a $3.4M gain on sale of a minority interest. Backlog stands at $615M.
Key Events · Earnings and Guidance · TATT
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Revenue Up 22.8% to $52.9M
Driven by robust demand across APU services, thermal solutions, and trading & leasing, Q2 2026 revenue reached $52.9 million.
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Net Income More Than Doubles
Net income surged 134.5% to $8.1 million, including a $3.4 million non-operating gain from the sale of a minority interest in an unconsolidated entity.
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Adjusted EBITDA Grows 22.7%
Reflecting operational leverage, adjusted EBITDA rose to $7.4 million, with margin holding steady at 14.0%.
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Backlog Reaches $615M
Long-term agreements and backlog increased to $615 million, providing multi-year revenue visibility across thermal solutions and APU services.
Analysis · TATT · Manufacturing
A strong second quarter saw revenue climb 22.8% to $52.9 million, while net income more than doubled to $8.1 million. The bottom line got a lift from a $3.4 million gain on the sale of a minority stake, but even stripping that out, operating income expanded 26.8% to $5.6 million. With a $615 million backlog providing multi-year visibility and a cash position of $54.6 million, the company has ample runway to fund growth. This quarter reinforces the recovery narrative that began earlier in 2026, though investors should note that the net income beat was partly non-operational.
At the time of this filing, TATT was trading at $44.59 on NASDAQ in the Manufacturing sector, with a market capitalization of approximately $541.4M. The 52-week trading range was $30.36 to $64.50. This filing was assessed with positive market sentiment and an importance score of 7 out of 10.