Applied Aerospace & Defense Q2 FY26 net loss widens to $154 million; revenue rises 47.4% to $167.3 million

• Applied Aerospace & Defense posted Q2 revenue of $167.3 million, up 47.4% year over year; GAAP net loss widened to $154 million.
• Loss was mainly due to share-based compensation and IPO transaction expenses; GAAP operating loss was $96.2 million.
• Non-GAAP adjusted EBITDA rose 38.5% to $36.4 million.
• Contract backlog climbed to $1.13 billion; June IPO raised $635.6 million in net primary proceeds, cutting pro forma net leverage to 2.7x.
• Applied forecast full-year revenue of $670 million-$690 million, with non-GAAP adjusted EBITDA of $150 million-$155 million.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Applied Aerospace & Defense Inc. published the original content used to generate this news brief via Business Wire (Ref. ID: 20260811723545) on August 12, 2026, and is solely responsible for the information contained therein.