Park Aerospace Corp. · NYSE:PKE
Park Aerospace — Q1 2027 Earnings Presentation
43 slides from Park Aerospace's earnings presentation, Jul 20, 2026
Slide 1: FY2027 Q1 Investor Conference Call
FY2027 Q1 Investor Conference Call July 20, 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 FY2027 Q1 Investor Presentation……………………………………...……………….Slide 1 Supplementary Financial Information……………………………………………..Appendix 1 The JWST shattered our timeline of the universe by spotting “impossible” infant galaxies containing old stars and heavy elements which should not be there
Slide 4: Quarterly Results
Quarterly Results (In Thousands) FY25 Q1 FY25 Q2 FY25 Q3 FY25 Q4 FY26 Q1 FY26 Q2 FY26 Q3 FY26 Q4 FY27 Q1 Sales $13,970 $16,709 $14,408 $16,939 $15,400 $16,381 $17,333 $24,187 $18,312 Gross Profit $4,099* $4,757* $3,828 $4,958 $4,718 $5,116 $5,903 $6,935 $6,376 Gross Margin 29.3%* 28.5%* 26.6% 29.3%
Slide 5: Quarterly Results (Continued)
Quarterly Results (Continued) FY2027 Q1 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: FY2027 Q1 Top Five Customers
FY2027 Q1 Top Five Customers (in Alphabetical Order) AAE Aerospace GKN Aerospace Kratos Defense & Security Solutions Middle River Aerostructure Systems Patriot PAC-3 MSE (MRAS) and its subcontractors Missile System The Nordam Group Bombardier Global 8000 Airbus A321XLR with LEAP-1A Engine Boeing 787
Slide 7: Park's Estimated Revenues by Aerospace Market Segment
Park’s Estimated Revenues by Aerospace Market Segment FY2022 FY2023 FY2024 FY2022 Revenues: FY2023 Revenues: FY2024 Revenues: $53.6 Million $54.1 Million $56.0 Million FY2027 Q1 FY2025 FY2026 FY2027 Q1 Revenues: FY2025 Revenues: $18.3 Million FY2026 Revenues: $62.0 Million $73.3 Million 072026 Slide
Slide 8: Park Loves "Niche" Military Aerospace Programs
Park Loves “Niche” Military Aerospace Programs Park’s Estimated FY2027 Q1 Military Revenues by Market Segment Raytheon Tomahawk Cruise Missile MK30 Canister for Raytheon Evolved SeaSparrow Missile (ESSM) Estimated FY2027 Q1 Military Revenues: $7.9 Million MK56 Guided Missile Vertical Lockheed Martin
Slide 9: 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) Park built Redundant Factory in Newton, KS to support GE Aerospace Programs…completed in 2021 Sole Sou
Slide 10: 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 Product Forms for composite bond and metal bo
Slide 11: 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 May 2026, Airbus had delivered 4,470 A320neo Family Aircraft Airbus has a backlog of A320neo Aircraft Family firm orders of 7,493 Airplanes as of
Slide 12: Update on GE Aerospace Jet Engine Programs (Continued)
Update on GE Aerospace Jet Engine Programs (Continued) Airbus is targeting an A320neo Aircraft Family delivery rate of 70 to 75 per month by the end of 2027, stabilizing to a rate of 75 per month thereafter Approved Engines for the A320neo Aircraft Family • The A320neo Aircraft Family offers two
Slide 13: Update on GE Aerospace Jet Engine Programs (Continued)
Update on GE Aerospace Jet Engine Programs (Continued) The Pratt PW1100G (GTF) engine has struggled with serious reliability issues Reliability has been a positive selling point for the CFM LEAP-1A engine And, according to Airbus, there now is a serious shortage of Pratt PW1100G engines Mean
Slide 14: Update on GE Aerospace Jet Engine Programs (Continued)
Update on GE Aerospace Jet Engine Programs (Continued) Comac C919 with CFM LEAP-1C Engines Comac is increasing manufacturing capacity to achieve production rates of 150 C919 Aircraft per year by 2027 and 200 C919 Aircraft per year by 2029 Comac reportedly has over 1,200 orders for the C919 Air
Slide 15: 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 1,600 flights and nearly 4,700 flight hours Boeing reportedly has over 650 open orders for its B777X Aircraft The B777X certification test program has move
Slide 16: 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: FY2024: $21.1 Million FY2020: $28.9 Million FY2025: $24.7 Million FY2021: $13.2 Million FY2026 Q1: $6.2 Million FY2022: $26.5 Million FY2026 Q2: $7.5 Million FY2023: $22.3 Mil
Slide 17: 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 18: Historical Fiscal Year Results
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 19: Park's Share Buy-back Authorization and Activity
Park’s Share Buy-back Authorization and Activity 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 purchased a t
Slide 20: Park's Recent Public Offering
Park’s Recent 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 During Park’s FY2026 Q4, under the Registration Statement and Prospectus Supplemen
Slide 21: Park's Recent Public Offering (Continued)
Park’s Recent Public Offering (Continued) During Park’s FY2027 Q2 (in June), under the Registration Statement, Park sold 869,852 shares of its Common Stock for total proceeds (before commissions and expenses) of $27,174,000 or $31.24 per share Under the Registration Statement, Park sold a total
Slide 22: Park's Balance Sheet, Cash and Incredible Cash Dividend History
Park’s Balance Sheet, Cash and 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 FY2027 Q1 Park’s Cash and Marketable Securities is estimated to be approximately $114 Million at the end of June 2026
Slide 23: Incredible Cash Dividend History (Continued)
Park’s Balance Sheet, Cash and Incredible Cash Dividend History (Continued) Park has paid $613.7 Million, or $29.975 per share, in cash dividends since the beginning of FY2005! When the $0.125 per share cash dividend declared on June 8, 2026 is paid on August 3, 2026, Park will have paid over $3
Slide 24: 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 Here! Commercial Aircraft Juggernaut drivers: Airbus’ aggressive ramp up of A320neo Aircraft Family p
Slide 25: 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 26: 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 27: Missile Systems: Park's New Juggernaut and Next Big Thing
Missile Systems Park’s New Juggernaut and Next Big Thing 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 Patri
Slide 28: Missile Systems: Park's New Juggernaut (Continued)
Missile Systems Park’s New Juggernaut and Next Big Thing (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 r
Slide 29: Missile Systems: Park's New Juggernaut (Continued)
Missile Systems Park’s New Juggernaut and Next Big Thing (Continued) On March 6, 2026, President Trump met in the White House with seven top defense contractors, including Lockheed Martin and L3Harris Missile Solutions, at which meeting the contractors reportedly agreed to QUADRUPLE production of
Slide 30: Missile Systems: Park's New Juggernaut (Continued)
Missile Systems Park’s New Juggernaut and Next Big Thing (Continued) Stockpiles of PAC-3 Missile System interceptors were already badly depleted by the ongoing War in Europe and last year’s June 12-day Mideast War We do not want to repeat the reporting here because it may not be appropriate to d
Slide 31: Missile Systems: Park's New Juggernaut (Continued)
Missile Systems Park’s New Juggernaut and Next Big Thing (Continued) Did you see the report that, on July 5, dozens of people were killed in Ukraine by Russian ballistic missiles which Ukraine was not able to intercept and shoot down because of a “serious shortage” of Patriot missile interceptors?
Slide 32: Missile Systems: Park's New Juggernaut (Continued)
Missile Systems Park’s New Juggernaut and Next Big Thing (Continued) Park’s relationship with ArianeGroup and its predecessors goes back to the early 2000s; Park is proud to be ArianeGroup’s “partner” ArianeGroup produces a proprietary fabric called RAYCARB C2®B which is used to produce ablative
Slide 33: Missile Systems: Park's New Juggernaut (Continued)
Missile Systems Park’s New Juggernaut and Next Big Thing (Continued) • Park paid the second installment of €1,834,862 of this advance in our FY2027 Q1 • Park will pay the third and final installment of €1,376,000 of this advance in our FY2028 Q1 What is the purpose of the €4,587,000 advance paymen
Slide 34: Missile Systems: Park's New Juggernaut (Continued)
Missile Systems Park’s New Juggernaut and Next Big Thing (Continued) On July 18, 2026, ArianeGroup SAS and Park Aerospace Corp. entered into a Term Sheet agreement relating to the construction and establishment, by ArianeGroup, of a US based C2®B fabric manufacturing plant with expected C2®B fabri
Slide 35: Missile Systems: Park's New Juggernaut (Continued)
Missile Systems Park’s New Juggernaut and Next Big Thing (Continued) • And, as provided in the Term Sheet agreement, 100% of the output of ArianeGroup’s US based C2®B fabric manufacturing plant will be allocated to Park Also, on July 9, 2026, Park entered into a Letter of Agreement with a large de
Slide 36: Missile Systems: Park's New Juggernaut (Continued)
Missile Systems Park’s New Juggernaut and Next Big Thing (Continued) Why is Park making the $25 million advance payments commitment? • Because it is necessary in order for Ariane to proceed with the construction of their US based C2®B fabric manufacturing plant…and we believe it is highly urgent t
Slide 37: Missile Systems: Park's New Juggernaut (Continued)
Missile Systems Park’s New Juggernaut and Next Big Thing (Continued) • But let’s talk dollars and cents for a minute…under the terms of the Term Sheet, there is a minimum required purchase of C2®B fabric from 2030 through 2036 That is not a forecast…it is a minimum required purchase under the Term
Slide 38: Park's Major New Manufacturing Plant
Park’s Major New Manufacturing Plant On July 17, 2026, Park entered into a long term lease agreement to lease 18 acres of land at the Tulsa, Oklahoma International Airport The Tulsa International Airport will be the site of Park’s Major New Manufacturing Plant But the site will also provide sp
Slide 39: Park's Major New Manufacturing Plant (Continued)
Park’s Major New Manufacturing Plant (Continued) Approximate planned timeline for the New Plant Facility complete in FY28 Production and shipment to customers commence in FY29 Park’s new plant is designed to produce and support Park’s complete composite materials product line, including spec
Slide 40: Park's Major New Manufacturing Plant (Continued)
Park’s Major New Manufacturing Plant (Continued) Why are we building our major new manufacturing plant? Because our Commercial Aircraft Juggernaut and our Missile Systems Juggernaut and Next Big Thing require it To enable, facilitate and inspire Park’s growth and development as a Company for t
Slide 41: 072026 Slide 41
072026 Slide 41
Slide 42: Appendix 1
Appendix 1 Park Aerospace Corp. July 20, 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 Commiss
Slide 43: Appendix 1 Continued
Appendix 1 Selling, general and administrative expenses for the 2027 fiscal year first quarter were $2.4 million, or 12.9% of sales, compared to $2.3 million, or 14.9% of sales, for the 2026 fiscal year Continued first quarter and $2.3 million, or 9.7% of sales, for the 2026 fiscal year fourth quart