Applied Aerospace & Defense, Inc. · NYSE:AADX
Applied Aerospace & Defense — Q2 2026 Earnings Presentation
12 slides from Applied Aerospace & Defense's earnings presentation, Aug 12, 2026
Slide 1: Second Quarter Fiscal Year 2026 Earnings Presentation
Second Quarter Fiscal Year 2026 Earnings Presentation August 12, 2026 Trip Ferguson Chris Rogers Jeff McRae Chief Executive Officer President & Chief Strategy Officer Chief Financial Officer Applied Aerospace & Defense ©2026. All Rights Reserved
Slide 2: Forward-Looking Statements
Forward-Looking Statements This presentation contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. All statements other than statements of historical fact are forward-looking statements, including statements about our future results of operat
Slide 3: Second Quarter 2026 Key Financial Highlights
Second Quarter 2026 | Key Financial Highlights Record Revenue IPO Completed $167.3 M $635.6 M +47.4% year over year Net primary proceeds 21.3% growth on a pro forma basis $626.2 million applied to debt repayment Record Adjusted EBITDA Deleveraged Balance Sheet $36.4 M 2.7x +38.4% year over year Pro
Slide 4: The Defining Advanced Manufacturing Partner for Next-Gen Space and Defense
The Defining Advanced Manufacturing Partner for Next-Gen Space and Defense 120+ 150+ 11 1.5M+ ~40% Years of heritage Platforms Facilities Sq. ft. of production space Est. embedded capacity 4
Slide 5: Strong Momentum Across the Platform
Strong Momentum Across the Platform of pro forma revenue tied to $1.1B+ contract backlog 88% IP-enabled processes Space and Launch Defense Aviation & Airborne Systems C5ISR & Precision Strike KEY GROWTH DRIVERS KEY GROWTH DRIVERS KEY GROWTH DRIVERS ▪ Higher volumes of content on commercial space lau
Slide 6: Solid Growth in Revenue and Adjusted EBITDA
Solid Growth in Revenue and Adjusted EBITDA Revenue ($M) Adjusted EBITDA ($M) and Margin $36.4 $167.3 $38.8 $26.3 +58.5% $113.5 21.8% $24.5 $49.6 +261.6% 23.2% $13.7 +$4.8% $75.3 $78.9 Second Qtr. 2025 Second Qtr. 2026 Second Qtr. 2025 Second Qtr. 2026 Defense Aviation Precision Strike Space & Launc
Slide 7: Second Quarter 2026 Financial Results
Second Quarter 2026 Financial Results For the Three Months Ended June 30, (In $ millions, except percentages) YoY Growth 2026 2025 Revenue $167.3 $113.5 47% Gross Profit $37.2 $32.0 16% Gross Margin 22.2% 28.2% (600) bps Operating (Loss) Income $(96.2) $13.9 Net Loss $(154.0) $(4.7) Adjusted EBITDA
Slide 8: Full Year 2026 Guidance and H2 2026 Focus Areas
Full Year 2026 Guidance 2026 Revenue Range $670 million - $690 million 2026 Adjusted EBITDA Range $150 million - $155 million H2 2026 Focus Areas Driving Operational Excellence and Coordinating and Triaging a Executing on High Growth and Building Applied Right Dynamic New Business Pipeline Next-Gen
Slide 9: Appendix
Appendix
Slide 10: Non-GAAP Reconciliation
Non-GAAP Reconciliation The following table shows our estimated adjusted EBITDA reconciled to our loss from continuing operations for the indicated periods: Three Months Ended June 30, Six Months Ended June 30, Adjusted EBITDA : 2026 2025 2026 2025 Net loss $ (153,971) $ (4,676) $ (169,103) $ (11,98
Slide 11: Non-GAAP Measures
Non-GAAP Measures Non-GAAP Financial Measures Disclosure: This presentation and today’s conference call remarks include financial measures that are not prepared in accordance with U.S. GAAP, including Adjusted EBITDA, Adjusted EBITDA. We believe these non-GAAP measures, when read in conjunction with
Slide 12: Applied Aerospace & Defense
APPLIED AEROSPACE & DEFENSE
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