Park Aerospace Corp. · NYSE:PKE
Park Aerospace — Q4 2026 Earnings Presentation
41 slides from Park Aerospace's earnings presentation, May 28, 2026
Slide 1: FY2026 Q4 Investor Conference Call
FY2026 Q4 Investor Conference Call May 28, 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 Q4 Investor Presentation……………………………………...……………….Slide 1 Supplementary Financial Information……………………………………………..Appendix 1 The JWST discovered “Little Red Dots” (a New Class of Object)...small, extremely red points of light that represent the potential seeding of early superma
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 FY26 Q4 Sales $15,551 $12,481 $11,639 $16,333 $13,970 $16,709 $14,408 $16,939 $15,400 $16,381 $17,333 $24,187 Gross Profit $4,833 $4,079 $3,169 $4,454 $4,099* $4,757* $3,828 $4,
Slide 5: Quarterly Results (Continued)
Quarterly Results (Continued) FY2026 Q4 Considerations: ArianeGroup Business Partner Agreement • Park entered into a Business Partner Agreement with ArianeGroup in January 2022 under which Ariane appointed Park as their exclusive North American distributor for their RAYCARB C2®B fabric used to p
Slide 6: Quarterly Results (Continued)
Quarterly Results (Continued) Total Missed Shipments in FY2026 Q4: Approximately $715 Thousand Caused principally by supply chain and equipment downtime issues Industry challenges reemerging as industry recovers and program ramps accelerate Net impact of tariffs and tariff-related costs and
Slide 7: FY2026 Q4 Top Five Customers
FY2026 Q4 Top Five Customers (in Alphabetical Order) AAE Aerospace Kratos Defense and Security Solutions Middle River Aerostructure Systems (MRAS) and its subcontractors L3Harris Missile Solutions (Aerojet Rocketdyne) Lockheed Martin PAC-3 The Nordam Group Patriot Missile Defense System Kratos BQM-1
Slide 8: 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 FY2024 FY2025 FY2026 Revenues: FY2024 Revenues: $73.3 Million FY2025 Revenues: $56.0 Million $62.0 Million 052826 Slide 8
Slide 9: Park Loves "Niche" Military Aerospace Programs
Park Loves “Niche” Military Aerospace Programs Park’s Estimated FY2026 Military Revenues by Market Segment Kratos XQ-58 Valkyrie Raytheon Tomahawk Cruise Missile Tactical Unmanned Aircraft Estimated FY2026 Military Revenues: $33.5 Million MK30 Canister for Raytheon Lockheed Martin UAE’s Halcon Syste
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 various Engine Nacelle and Thr
Slide 11: GE Aerospace Jet Engine Programs (Continued)
GE Aerospace Jet Engine Programs (Continued) Fan Case Containment Wrap for GE9X Engines for Boeing 777X Aircraft Produced with Park’s “AFP” and other Park Composite Materials MRAS/Park LTA was amended to include Three Proprietary Park Film Adhesive Formulation Product Forms for composite bond
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 March 2026, Airbus had already delivered 4,453 A320neo Family Aircraft Airbus has a backlog of A320neo Aircraft Family firm orders of 7,412 Airpla
Slide 13: Update on GE Aerospace Jet Engine Programs (Continued)
Update on GE Aerospace Jet Engine Programs (Continued) • 2026 April YTD: 136 Deliveries Airbus is off to somewhat of a slow start with A320neo Aircraft Family deliveries in 2026 o Why is that? Airbus had been targeting a delivery rate of 75 A320neo Family Aircraft per month by 2027 • But Airbus
Slide 14: Update on GE Aerospace Jet Engine Programs (Continued)
Update on GE Aerospace Jet Engine Programs (Continued) • According to the First Quarter 2026 edition of Aero Engine News, the CFM LEAP-1A market share of firm engine orders for the A320neo Family of Aircraft was 66.2% as of March 31, 2026 Well, that is interesting... • At the delivery rate of 75 A
Slide 15: Update on GE Aerospace Jet Engine Programs (Continued)
Update on GE Aerospace Jet Engine Programs (Continued) Could these factors lead to an even greater CFM LEAP-1A Engine market share for the A320neo Aircraft Family? As of March 31, 2026, there were 8,472 firm LEAP-1A engine orders (Source: First Quarter 2026 edition of Aero Engine News) The A32
Slide 16: Update on GE Aerospace Jet Engine Programs (Continued)
Update on GE Aerospace Jet Engine Programs (Continued) Comac reportedly delivered 2 C919 Aircraft in 2023, 14 in 2024 and 18 in 2025 Comac was targeting 25 C919 Aircraft deliveries in 2025 There are recent reports that CFM may be favoring Boeing and Airbus with LEAP engine availability The l
Slide 17: Update on GE Aerospace Jet Engine Programs (Continued)
Update on GE Aerospace Jet Engine Programs (Continued) Boeing 777X Aircraft with GE9X Engines B777X test flight program has amassed over 1,500 flights and nearly 4,400 flight hours Boeing reportedly has 652 open orders for its B777X Aircraft • 28 firm “mystery orders” in April 2026 The B777X
Slide 18: Update on GE Aerospace Jet Engine Programs (Continued)
Update on GE Aerospace Jet Engine Programs (Continued) Our understanding is that the Comac C909 Aircraft and the Bombardier Global 8000 Aircraft are already being produced and delivered at or close to targeted rates Clearly, the “Commercial Aircraft Juggernaut” will be driven by the ramp up of t
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 Million
Slide 21: Historical Fiscal Year Results (In Thousands)
Historical Fiscal Year Results (In Thousands)* FY2017 FY2018 FY2019 FY2020 FY2021 FY2022 FY2023 FY2024*** FY2025 FY2026 Sales $31,837 $40,230 $51,116 $60,014 $46,276 $53,578 $54,055 $56,004 $62,026 $73,301 Gross Profit $8,299 $11,288 $16,184 $18,673 $13,191 $17,917 $16,473 $16,534 $17,642 $22,672 Gr
Slide 22: Park's Share Buy-back Authorization and Activity…an Update
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 Recently Announced Public Offering
Park’s Recently Announced Public Offering On January 13, 2026, 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 p
Slide 24: Park's Balance Sheet, Cash and Very Incredible Cash Dividend History
Park’s Balance Sheet, Cash and Very Incredible Cash Dividend History Park has zero long term debt! Park reported $89.4 Million in Cash and Marketable Securities as of the end of our FY2026 Q4 Park has paid 41 consecutive years of uninterrupted regular quarterly cash dividends without ever skip
Slide 25: Financial Outlook for GE Aerospace Jet Engine Programs
Financial Outlook for GE Aerospace Jet Engine Programs…the “Commercial Aircraft Juggernaut” What is the “timing” for the Commercial Aircraft Juggernaut? The Commercial Aircraft Juggernaut is NOW! Airbus A321neo with LEAP-1A Engine 052826 Slide 25
Slide 26: GE Aerospace Jet Engine Programs Revenue Outlook
GE Aerospace Jet Engine Programs Revenue Outlook…the “Commercial Aircraft 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 $3
Slide 27: GE Aerospace Jet Engine Programs Revenue Outlook (Continued)
GE Aerospace Jet Engine Programs Revenue Outlook…the “Commercial Aircraft 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,
Slide 28: Missile Systems Park's New Juggernaut Extreme
Missile Systems Park’s New Juggernaut Extreme Park’s Missile Systems “Niche” Park specializes in the design and manufacture of advanced composite “ablative” materials used to produce solid rocket motor structures and heat shields for critical missile systems, including the PAC-3 Patriot Missile
Slide 29: Missile Systems Park's New Juggernaut Extreme (Continued)
Missile Systems Park’s New Juggernaut Extreme (Continued) • There is much reporting about how badly stockpiles of critical missile systems, including the PAC-3 and other missile systems Park supports, have been depleted as a result of the War with Iran We will not repeat or cover that reporting he
Slide 30: Missile Systems Park's New Juggernaut Extreme (Continued)
Missile Systems Park’s New Juggernaut Extreme (Continued) On March 21, 2026, President Trump met in the White House with six top defense contractors, including Lockheed and L3Harris Missile Solutions, at which meeting the contractors reportedly agreed to QUADRUPLE production of the “Exquisite Clas
Slide 31: Missile Systems Park's New Juggernaut Extreme (Continued)
Missile Systems Park’s New Juggernaut Extreme (Continued) The PAC-3 Patriot Missile System Park is sole source qualified for advanced composite ablative materials for the solid rocket motors for the PAC-3 Missile System program The PAC-3 Missile System is considered by many to be the world’s p
Slide 32: Missile Systems Park's New Juggernaut Extreme (Continued)
Missile Systems Park’s New Juggernaut Extreme (Continued) • (Israel also uses its own Arrow 3 and Arrow 4 missile defense systems, programs on which Park is qualified and which Park supports with ablative composite materials) As previously reported, on January 6, 2026, Lockheed announced it reache
Slide 33: Missile Systems Park's New Juggernaut Extreme (Continued)
Missile Systems Park’s New Juggernaut Extreme (Continued) ArianeGroup of Mureaux, France ArianeGroup is a joint venture between Airbus and Safran Park’s relationship with ArianeGroup and its predecessors goes back to the early 2000s Park has a special relationship with Ariane and we are prou
Slide 34: Missile Systems Park's New Juggernaut Extreme (Continued)
Missile Systems Park’s New Juggernaut Extreme (Continued) • Park paid the first installment of €1,376,000 of this advance in our FY2026 Q1 • Park paid the second installment of €1,834,862 of this advance in our FY2027 Q1 What is the purpose of the €4,587,000 advance payment? • To fund, “50/50” wit
Slide 35: Park's Major New Manufacturing Plant - An Update
Park’s Major New Manufacturing Plant - An Update Park is planning to build a major new manufacturing plant The new plant will include the following manufacturing lines: Solution Treating Hot Melt Film Hot Melt Tape What else? The new plant is being designed to produce and support Park’
Slide 36: Park's Major New Manufacturing Plant - An Update (Continued)
Park’s Major New Manufacturing Plant - An Update (Continued) • The hot melt film and tape lines primarily support Park’s commercial aircraft programs (the Commercial Aircraft Juggernaut) How about the solution treating capacity contemplated by the original plant design? • Is it adequate? No, it
Slide 37: Park's Major New Manufacturing Plant - An Update (Continued)
Park’s Major New Manufacturing Plant - An Update (Continued) Will the new plant still approximately double Park’s current composite materials manufacturing capacity? • No, it will more than double Park’s current solution treating manufacturing capacity Will the capital budget for the new plant s
Slide 38: Park's Major New Manufacturing Plant - An Update (Continued)
Park’s Major New Manufacturing Plant - An Update (Continued) Why are we building this new manufacturing plant? Because our Commercial Aircraft Juggernaut and our Missile Systems Juggernaut Extreme require it To enable, facilitate and inspire Park’s holistic growth and development as a Company
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Slide 40: Appendix 1
Park Aerospace Corp. Appendix 1 May 28, 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 Commissi
Slide 41: Appendix 1 Continued
Appendix 1 Continued Earnings before income taxes for the 2026 fiscal year fourth quarter were $5.0 million, or 20.9% of sales, compared to $3.2 million, or 18.8% of sales, for the 2025 fiscal year fourth quarter and $4.0 million, or 23.0% of sales, for the 2026 fiscal year third quarter. Before spe