TAT Technologies reported strong second quarter 2026 results, with revenue of $52.9 million and diluted EPS of $0.61 significantly beating consensus estimates of $44.9 million and $0.28, respectively. The results were driven by strong aerospace demand and easing supply chain constraints, which helped convert the company's growing backlog. Net income was boosted by a one-time gain from the sale of a minority interest.
Key Highlights
- Revenue grew 22.8% year-over-year to $52.9 million, reflecting robust demand and improved operational execution.
- Reported diluted EPS was $0.61, which included a $0.26 per share non-operating gain. Adjusted diluted EPS was $0.35, an increase from $0.30 in the prior year's quarter.
- Backlog and long-term agreements reached a new record of $615 million, up from $580 million in the prior quarter, enhancing future revenue visibility.