AEVEX Corp. second quarter 2026 revenue beat estimates while raising full year guidance

AEVEX Corp. reported second quarter 2026 revenue of $201.8 million, representing 99.5% year-over-year growth and significantly exceeding analyst estimates. While GAAP diluted EPS of $0.01 was impacted by organizational restructuring and $5.8 million in professional fees related to the IPO and secondary offerings, the company returned to profitability with $6.7 million in net income.

Key Highlights

• Tactical Systems segment revenue surged 141.6% to $174.2 million, primarily driven by $72.2 million from the EUCOM AOR Deep Strike program.
• Management raised FY 2026 revenue guidance to a range of $700 million to $720 million, up from the previous $600 million to $620 million outlook.
• The company announced a definitive agreement to acquire BlackSea Technologies to expand its multi-domain autonomous systems capabilities.
• Funded backlog stood at $259.8 million at quarter-end, reflecting the successful conversion of large strike system program wins into realized revenue.