TAT Technologies reported second quarter 2026 revenue of $52.9 million, a 22.8% increase year-over-year, surpassing the consensus estimate of $44.9 million. Diluted EPS more than doubled to $0.61 from $0.30 in the prior-year period, well ahead of the $0.28 estimate. Net income surged 134.5% to $8.1 million, significantly boosted by a one-time gain from an asset sale.
Key Highlights
- Revenue increased 22.8% year-over-year to $52.9 million, driven by strong growth in the APU (+51.8%) and Landing Gear (+45.1%) MRO segments.
- Net income jumped 134.5% to $8.1 million, with diluted EPS rising 106.8% to $0.61 from $0.30 a year ago.
- The quarter's results included a $3.4 million net-of-tax gain from the sale of a minority interest in an unconsolidated entity, which was anticipated by investors.
- The company's backlog of long-term agreements grew to $615 million at the end of the second quarter, up from $580 million in the prior quarter.