Park Aerospace Corp. · NYSE:PKE
Park Aerospace — Q3 2026 Earnings Presentation
41 slides from Park Aerospace's earnings presentation, Jan 13, 2026
Slide 1: FY2026 Q3 Investor Conference Call
FY2026 Q3 Investor Conference Call January 13, 2026 ***Founded March 31, 1954***
Slide 2: Forward Looking Disclaimer
Forward Looking Disclaimer This presentation contains forward-looking statements made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Forward-looking statements give current expectations or forecasts of future events or our future financial or operatin
Slide 3: Table of Contents
Table of Contents FY2026 Q3 Investor Presentation……………………………………...……………….Slide 1 Supplementary Financial Information……………………………………………..Appendix 1 Runaway Supermassive Black Hole...10 Million Times the Mass of the Sun Being Booted from its Galaxy at 1,000 km per second Thank you, James Webb Space Tel
Slide 4: Quarterly Results
Quarterly Results (In Thousands) FY24 Q1 FY24 Q2 FY24 Q3 FY24 Q4** FY25 Q1 FY25 Q2 FY25 Q3 FY25 Q4 FY26 Q1 FY26 Q2 FY26 Q3 Sales $15,551 $12,481 $11,639 $16,333 $13,970 $16,709 $14,408 $16,939 $15,400 $16,381 $17,333 Gross Profit $4,833 $4,079 $3,169 $4,454 $4,099* $4,757* $3,828 $4,958 $4,718 $5,11
Slide 5: Quarterly Results (Continued)
Quarterly Results (Continued) FY2026 Q3 Considerations: ArianeGroup Business Partner Agreement • Park entered into a Business Partner Agreement with ArianeGroup in January 2022 under which Ariane appointed Park as its exclusive North American distributor for their RAYCARB C2®B fabric used to pro
Slide 6: Quarterly Results (Continued)
Quarterly Results (Continued) Total Missed Shipments in FY2026 Q3: Approximately $740 Thousand Caused principally by international freight, supply chain and customer specification and engineering issues Industry challenges reemerging as industry recovers and program ramps accelerate Net impa
Slide 7: FY2026 Q3 Top Five Customers
FY2026 Q3 Top Five Customers (in Alphabetical Order) AAE Aerospace Kratos Defense and Security Solutions Middle River Aerostructure Systems (MRAS) and its subcontractors Sikorsky Aircraft Sikorsky CH-53K King Stallion The Nordam Group PAC-3 Patriot Missile System Kratos XQ-58A Valkyrie Boeing 737 MA
Slide 8: Park's Estimated Revenues by Aerospace Market Segment
Park’s Estimated Revenues by Aerospace Market Segment FY2021 FY2022 FY2023 FY2021 Revenues: FY2022 Revenues: FY2023 Revenues: $46.3 Million $53.6 Million $54.1 Million FY2026 First 9 Months FY2024 FY2025 FY2026 First 9 Months Revenues: $49.1 Million FY2025 Revenues: FY2024 Revenues: $56.0 Million $6
Slide 9: Park Loves "Niche" Military Aerospace Programs
Park Loves “Niche” Military Aerospace Programs Park’s Estimated FY2026 First 9 Months Military Revenues by Market Segment ASTER 30 Missile Defense System Northrop Grumman LGM-35A “Sentinel” ICBM Estimated FY2026 First 9 Months Military Revenues: $20.6 Million Avio Vega Launch Vehicle Raytheon Standa
Slide 10: GE Aerospace Jet Engine Programs
GE Aerospace Jet Engine Programs Firm Pricing LTA (Requirements Contract) from 2019 through 2029 with Middle River Aerostructure Systems (MRAS), a subsidiary of ST Engineering Aerospace (STE) Redundant Factory…in production Sole Source for Composite Materials for Engine Nacelles and Thrust Rev
Slide 11: GE Aerospace Jet Engine Programs (Continued)
GE Aerospace Jet Engine Programs (Continued) Park Composite Materials are also Sole Source on primary structure component for Passport 20 Engines for Bombardier Global 7500/8000 (included in GE Aerospace LTA) Fan Case Containment Wrap for GE9X Engines for Boeing 777X Aircraft Produced with Par
Slide 12: Update on GE Aerospace Jet Engine Programs
Update on GE Aerospace Jet Engine Programs A320neo Aircraft Family (includes A319neo, A320neo, A321neo, A321LR and A321XLR Aircraft Variants) As of November 2025, Airbus had already delivered 4,275 A320neo Family Aircraft Airbus has a huge backlog of A320neo Aircraft Family firm orders of 7,90
Slide 13: Update on GE Aerospace Jet Engine Programs (Continued)
Update on GE Aerospace Jet Engine Programs (Continued) Airbus is targeting a delivery rate of 75 A320neo Family Aircraft per month by 2027 On October 7, 2025, the A320 Aircraft Family became the world’s most delivered commercial jet…ever And the A320neo Aircraft Family continues to rack up new
Slide 14: Update on GE Aerospace Jet Engine Programs (Continued)
Update on GE Aerospace Jet Engine Programs (Continued) • Park supplies into the A320neo Family Aircraft using the CFM LEAP-1A engine…Park has no content on the A320neo Family Aircraft using the Pratt PW1100G engine • According to the Third Quarter 2025 edition of Aero Engine News, the CFM LEAP-1A’s
Slide 15: Update on GE Aerospace Jet Engine Programs (Continued)
Update on GE Aerospace Jet Engine Programs (Continued) As of September 30, 2025, there were 7,900 firm LEAP-1A engine orders (Source: Third Quarter 2025 edition of Aero Engine News) The A320neo Aircraft Family Program could end up being Park’s largest program…ever Comac C919 with CFM LEAP-1C E
Slide 16: Update on GE Aerospace Jet Engine Programs (Continued)
Update on GE Aerospace Jet Engine Programs (Continued) Comac is increasing manufacturing capacity to achieve production rates of 150 C919 Aircraft per year by 2027 and 200 C919 Aircraft by 2029 Comac reportedly has over 1,200 orders for the C919 Aircraft Comac C909 (formerly the ARJ21) with GE
Slide 17: Update on GE Aerospace Jet Engine Programs (Continued)
Update on GE Aerospace Jet Engine Programs (Continued) Bombardier Global 8000 variant of Global 7500 Business Jet enters into service Also uses GE Passport 20 Engines Certified by the FAA and first delivery in December 2025 The fastest civilian aircraft since the Concorde with a top speed of
Slide 18: Update on GE Aerospace Jet Engine Programs (Continued)
Update on GE Aerospace Jet Engine Programs (Continued) Boeing now anticipates FAA certification, entry into service (EIS) and first delivery of the B777X in 2027 The Boeing CEO has indicated that the B777X aircraft and the GE9X Engines are performing quite well and mentioned increased FAA scruti
Slide 19: GE Aerospace Jet Engine Programs Sales History and Forecast Estimates
GE Aerospace Jet Engine Programs Sales History and Forecast Estimates GE Aerospace Programs Sales history: FY2020: $28.9 Million FY2024: $21.1 Million FY2021: $13.2 Million FY2025: $24.7 Million FY2022: $26.5 Million FY2026 Q1: $6.2 Million FY2023: $22.3 Million FY2026 Q2: $7.5 Mil
Slide 20: Park's Financial Performance History and Forecast Estimates
Park’s Financial Performance History and Forecast Estimates Sales and Adjusted EBITDA history: Sales Adjusted EBITDA FY2023 $54.1 Million $11.5 Million FY2024 $56.0 Million $11.0 Million* FY2025 $62.0 Million** $11.6 Million* FY2026 Q1 $15.4 Million $3.0 Million FY2026 Q2 $16.4 Million $3.4 Millio
Slide 21: Historical Fiscal Year Results and Forecast Estimate for FY2026
Historical Fiscal Year Results and Forecast Estimate for FY2026 (In Thousands)* FY2026 Forecast FY2017 FY2018 FY2019 FY2020 FY2021 FY2022 FY2023 FY2024*** FY2025 Estimate $72,500 to Sales $31,837 $40,230 $51,116 $60,014 $46,276 $53,578 $54,055 $56,004 $62,026 $73,500 Gross Profit $8,299 $11,288 $16,
Slide 22: Park's Share Buy-back Authorization and Activity
Park’s Share Buy-back Authorization and Activity…an Update As announced on May 23, 2022, Park’s Board of Directors authorized Park’s purchase of up to 1,500,000 shares of the Company’s Common Stock on the open market and in privately negotiated transactions Under this authorization, Park has pur
Slide 23: Park's Balance Sheet, Cash and Cash Dividend History
Park’s Balance Sheet, Cash and Very Incredible Cash Dividend History Park has zero long term debt! Park reported $63.6 Million in Cash and Marketable Securities as of the end of our FY2026 Q3 Park has paid 41 consecutive years of uninterrupted regular quarterly cash dividends without ever skip
Slide 24: Financial Outlook for GE Aerospace Jet Engine Programs: the Juggernaut
Financial Outlook for GE Aerospace Jet Engine Programs…the “Juggernaut” What is the “timing” for the Juggernaut? We are not sure, but the Juggernaut is coming at us NOW, it can’t be stopped and we better be ready! Airbus A321neo with LEAP-1A Engine 011326 Slide 24
Slide 25: Revenue Outlook: the Juggernaut
GE Aerospace Jet Engine Programs Revenue Outlook…the “Juggernaut” Engine Units per Year Revenue per Engine Annual Revenues per Program Assumptions¹ Unit Estimates² Program Estimates 4 A320neo³ 1080 $29,500 $31,860K 5 PP20 90 $66,500 $5,985K 6 C919 300 $27,500 $8,250K 7 C909 72 $35,500 $2,555K 8 GE9X
Slide 26: Revenue Outlook: the Juggernaut (Continued)
GE Aerospace Jet Engine Programs Revenue Outlook…the “Juggernaut” (Continued) ¹ Except for the engine units per year assumption for the A320neo Aircraft Family, which is addressed in footnote 4 below, the engine units per year assumption estimates are based upon historical data, customer inputs and
Slide 27: War (and Peace?) Park's New Juggernaut
War (and Peace?) Park’s New Juggernaut Unprecedented Demand for Missile Systems Missile Systems stockpiles have been seriously depleted by the wars in Europe and the Mid-East • There is an urgent need to replenish the depleted Missile Systems stockpiles According to WSJ reporting: • The Pentag
Slide 28: War (and Peace?) Park's New Juggernaut (Continued)
War (and Peace?) Park’s New Juggernaut (Continued) • Patriot Missile Systems were moved to Qatar from South Korea and Japan in anticipation of Iran’s ballistic missile strike in response to the US strategic bombing of Iran’s nuclear weapon sites • But the DoW wants to very significantly increase Pat
Slide 29: War (and Peace?) Park's New Juggernaut (Continued)
War (and Peace?) Park’s New Juggernaut (Continued) On January 6, 2026, Lockheed Martin announced it reached a SEVEN YEAR agreement with the US Department of War to increase its Patriot PAC-3 Missile Segment Enhancement (MSE) Interceptor production capacity from 600 per year to 2,000 per year • Ove
Slide 30: War (and Peace?) Park's New Juggernaut (Continued)
War (and Peace?) Park’s New Juggernaut (Continued) Park supports the PAC-3 Patriot Missile System with specialty ablative materials produced with ArianeGroup’s proprietary C2®B fabric Park is sole source qualified for specialty ablative materials on the PAC-3 Missile System program Park was re
Slide 31: War (and Peace?) Park's New Juggernaut (Continued)
War (and Peace?) Park’s New Juggernaut (Continued) On March 27, 2025, Park entered into the “New Agreement” with ArianeGroup under which Park agreed to advance €4,587,000 to Ariane against future purchases by Park of C2®B fabric • This advance is to be used by Ariane to increase its C2®B fabric ma
Slide 32: War (and Peace?) Park's New Juggernaut (Continued)
War (and Peace?) Park’s New Juggernaut (Continued) We have referenced the Patriot Missile System program above because it is a very high profile and well known program, but there are numerous other critical missile programs currently in production or in development which Park is actively supportin
Slide 33: Park's Major New Composite Materials Manufacturing Plant
Park’s Major New Composite Materials Manufacturing Plant Park is planning to build a major new Composite Materials Manufacturing Plant The new plant is being designed to be a fully functioning and integrated composite materials manufacturing plant, and will include the following new manufacturin
Slide 34: Park's Major New Composite Materials Manufacturing Plant (Continued)
Park’s Major New Composite Materials Manufacturing Plant (Continued) The plant is not being designed to produce composite parts, structures and assemblies at this time Planned plant size: approximately 120 thousand square feet When complete and operational, the new plant will approximately dou
Slide 35: Park's Major New Composite Materials Manufacturing Plant (Continued)
Park’s Major New Composite Materials Manufacturing Plant (Continued) Where will Park’s new manufacturing plant be located? We have a finalist site location in the US Midwest, but approvals from the local community and economic development group are still forthcoming Why are we building this ne
Slide 36: Park's Major New Composite Materials Manufacturing Plant (Continued)
Park’s Major New Composite Materials Manufacturing Plant (Continued) • Park’s calling cards: Flexibility Responsiveness Urgency We are doing this to ensure Park is able to continue to do the things which got us here • It would be a very unfortunate mistake to abandon the things which got us
Slide 37: Park's Major New Composite Materials Manufacturing Plant (Continued)
Park’s Major New Composite Materials Manufacturing Plant (Continued) Park’s long-term sales outlook for composite materials, including film adhesive materials and lightning strike protection materials How was this outlook computed? What does this outlook include, and what does it not include?
Slide 38: Park's Newly Announced Public Offering
Park’s Newly Announced Public Offering Today, Park filed a Form S-3 Registration Statement and Prospectus Supplement with the SEC for a $50 Million “At-the-Market” (ATM) public offering of Park’s common stock What is the purpose of this offering and financing? To replenish a portion of the app
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Slide 40: Appendix
Park Aerospace Corp. Appendix 1 January 13, 2026 Investor Conference Call – Supplementary Financial Information The financial and other data contained herein (the “Supplementary Data”) is being provided pursuant to the requirements of Regulation G promulgated by the U.S. Securities and Exchange Comm
Slide 41: Appendix 1 Continued
Appendix 1 Continued Earnings before income taxes for the 2026 fiscal year third quarter were $4.0 million, or 23.0% of sales, compared to $2.1 million, or 14.8% of sales, for the 2025 fiscal year third quarter and $3.2 million, or 19.7% of sales, for the 2026 fiscal year second quarter. Net earning