CPI Aerostructures, Inc. (CVU) Income Statement
CVU 2025 at a glance
Fiscal year ended December 31, 2025 · U.S. dollarsCVU revenue and net income
Where CVU's revenue goes
2025Each bar shows an amount and its share of revenue. CVU kept −1.2% of revenue as net income.
CVU profit margins
CVU growth rates
to 2025| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Revenue | −14.6% | −6.0% | −4.6% | −3.6% |
| Gross profit | −38.8% | −13.5% | +1.6% | −4.4% |
| Operating income | −102.6% | — | — | — |
| Net income | −125.6% | — | — | — |
| EPS (diluted) | −103.6% | — | — | — |
1-year change and average annual growth (CAGR) over 3, 5 and 10 fiscal years. "—" when a starting value was zero or negative.
CVU quarterly EPS vs estimates
CPI Aerostructures beat the analyst EPS estimate in 5 of the last 7 quarters. Next report: November 12, 2026.
CVU income statement
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $69.3M | $81.1M | $86.5M | $83.3M | $103.4M | $87.6M | $87.5M | $83.9M | $81.3M | $81.3M |
| Cost of revenue | $58.7M | $63.8M | $69.4M | $67.0M | $88.4M | $77.8M | $80.7M | $65.8M | $62.6M | $77.0M |
| Gross profit | $10.6M | $17.2M | $17.1M | $16.3M | $15.0M | $9.8M | $6.8M | $18.2M | $18.6M | $4.3M |
| Research & development | — | — | — | — | — | — | — | $0 | $0 | $0 |
| Sales, general & admin | $10.7M | $10.5M | $11.0M | $11.4M | $11.8M | $12.0M | $11.6M | $9.5M | $8.4M | $8.6M |
| Total operating expenses | $10.7M | $10.5M | $10.8M | $11.4M | $11.8M | $12.0M | $11.6M | $9.5M | $8.4M | $8.6M |
| Operating income | −$176,382 | $6.7M | $6.3M | $4.9M | $3.2M | −$2.3M | −$4.7M | $8.6M | $10.2M | −$4.3M |
| Interest income | $1.6M | $2.3M | $2.5M | $2.3M | $1.1M | $1.4M | $2.0M | $2.0M | $1.7M | $22,659 |
| Interest expense | $1.6M | $2.3M | $2.5M | $2.3M | $1.1M | $1.4M | $2.1M | $2.0M | $1.7M | $1.4M |
| Income before taxes | −$1.7M | $4.4M | $3.9M | $2.6M | $6.8M | −$3.7M | −$6.7M | $6.7M | $8.5M | −$5.7M |
| Income taxes | −$900,861 | $1.1M | −$13.3M | −$6.6M | $14,609 | −$53,414 | $3,877 | $4.5M | $2.7M | −$2.1M |
| Net income | −$843,361 | $3.3M | $17.2M | $9.2M | $6.8M | −$3.7M | −$6.8M | $2.2M | $5.8M | −$3.6M |
| EBITDA | $244,005 | $7.2M | $6.8M | $5.6M | $9.0M | −$1.3M | −$3.5M | −$4.8M | $10.8M | −$3.6M |
| EPS (diluted) | −$0.07 | $1.92 | $1.35 | $0.37 | $0.55 | −$0.30 | $0.39 | $0.64 | $0.65 | $0.69 |
| Gross margin | 15.2% | 21.3% | 19.7% | 19.6% | 14.5% | 11.1% | 7.8% | 21.6% | 22.9% | 5.3% |
| Operating margin | −0.3% | 8.3% | 7.3% | 5.9% | 3.1% | −2.6% | −5.4% | 10.3% | 12.5% | −5.3% |
| Net margin | −1.2% | 4.1% | 19.9% | 11.0% | 6.6% | −4.2% | −7.7% | 2.6% | 7.1% | −4.4% |
| Jun '26 | Mar '26 | Dec '25 | Sep '25 | Jun '25 | Mar '25 | Dec '24 | Sep '24 | Jun '24 | Mar '24 | Dec '23 | Sep '23 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $17.6M | $17.4M | $19.4M | $19.3M | $15.2M | $15.4M | $21.8M | $19.4M | $20.8M | $19.1M | $23.5M | $20.4M |
| Cost of revenue | $13.7M | $12.9M | $15.5M | $15.0M | $14.5M | $13.8M | $17.4M | $15.2M | $15.7M | $15.5M | $19.4M | $16.7M |
| Gross profit | $3.9M | $4.5M | $3.9M | $4.3M | $663,382 | $1.6M | $4.3M | $4.2M | $5.1M | $3.6M | $4.1M | $3.7M |
| Sales, general & admin | $2.7M | $2.7M | $2.7M | $2.6M | $2.7M | $2.8M | $2.3M | $2.7M | $2.8M | $2.7M | $2.5M | $2.5M |
| Total operating expenses | $2.7M | $2.7M | $2.7M | $2.6M | $2.7M | $2.8M | $2.3M | $2.7M | $2.8M | $2.7M | $22.0M | $2.5M |
| Operating income | $1.2M | $1.8M | $1.2M | $1.8M | −$2.0M | −$1.2M | $2.1M | $1.5M | $2.3M | $839,840 | $1.5M | $1.2M |
| Interest income | — | — | $404,280 | $387,920 | $287,550 | $488,090 | $495,360 | $573,370 | — | — | — | — |
| Interest expense | $312,939 | $291,935 | $404,281 | $387,922 | $287,546 | $488,091 | $495,362 | $573,366 | $587,971 | $632,135 | $638,806 | $663,857 |
| Income before taxes | $882,846 | $1.6M | $834,342 | $1.4M | −$2.3M | −$1.7M | $1.6M | $904,267 | $1.8M | $207,710 | $906,195 | $507,168 |
| Income taxes | $197,231 | $331,348 | $142,512 | $253,345 | −$947,749 | −$348,969 | $607,820 | $154,590 | $341,572 | $39,472 | — | $205,804 |
| Net income | $685,615 | $1.2M | $691,830 | $1.1M | −$1.3M | −$1.3M | $971,473 | $749,677 | $1.4M | $168,238 | $14.8M | $301,364 |
| EBITDA | $1.6M | $2.3M | $217,696 | $2.2M | −$1.6M | −$600,499 | $2.2M | $2.1M | $3.4M | $1.4M | — | $1.3M |
| EPS (diluted) | $0.05 | $0.00 | — | $0.09 | −$0.10 | −$0.10 | $0.08 | $0.00 | $0.00 | $1.20 | — | $0.00 |
| Gross margin | 22.0% | 25.8% | 20.3% | 22.3% | 4.4% | 10.7% | 20.0% | 21.7% | 24.6% | 18.6% | 17.4% | 18.2% |
| Operating margin | 6.8% | 10.5% | 6.4% | 9.1% | −13.1% | −7.7% | 9.5% | 7.6% | 11.2% | 4.4% | 6.6% | 5.7% |
| Net margin | 3.9% | 7.1% | 3.6% | 5.8% | −8.7% | −8.6% | 4.5% | 3.9% | 6.8% | 0.9% | 62.8% | 1.5% |
Quarterly columns are labeled by the month the quarter ended. Figures in U.S. dollars as reported in CVU's financial statements (latest annual report filed March 31, 2026); data from EODHD. Sales, general & administrative expenses include sales and marketing.
CVU financial results
In fiscal year 2025 (ended December 31, 2025), CPI Aerostructures reported revenue of $69.3 million, down 14.6% from the year before. It had a net loss of $0.8 million, a net profit margin of −1.2%. Diluted earnings per share came to −$0.07. Over five years revenue grew at an average rate of −4.6% a year.
See the CVU stock overview for the latest quote and news, or the CVU chart for price history and technical indicators.
CVU income statement FAQ
What is CPI Aerostructures's annual revenue?
CPI Aerostructures reported total revenue of $69.3 million for fiscal year 2025, which ended on December 31, 2025. That was down 14.6% from $81.1 million the previous year.
Is CPI Aerostructures profitable?
No. CPI Aerostructures reported a net loss of $0.8 million in fiscal 2025, a net profit margin of −1.2%; its operating margin was −0.3%.
What is CPI Aerostructures's gross margin?
CPI Aerostructures's gross margin was 15.2% in fiscal 2025: for every $100 of revenue, CPI Aerostructures kept $15 after the direct cost of its products and services.
How fast is CPI Aerostructures growing?
Revenue grew −4.6% a year on average over the last five fiscal years, from $87.6 million to $69.3 million.
What are CPI Aerostructures's earnings per share?
CPI Aerostructures earned $-0.07 per diluted share in fiscal 2025, compared with $1.92 a year earlier.
When will CPI Aerostructures report its next earnings?
CPI Aerostructures is expected to report results for the quarter ending September 30, 2026 on November 12, 2026.
When does CPI Aerostructures's fiscal year end?
CPI Aerostructures's fiscal year ends in December. The latest annual report covers the year ended December 31, 2025 and was filed on March 31, 2026.