Butler National Corporation Reports Strong First Quarter 2026 Financial Performance
Olathe, Kansas – September 11, 2025 – Butler National Corporation (OTC: BTLR), a diversified manufacturer of aerospace and defense products, announced its financial results for the first quarter of fiscal year 2026, ending August 31, 2025. The company reported a robust start to the fiscal year, demonstrating positive growth across key financial metrics.
Butler National Corporation experienced a significant increase in net sales for the first quarter, reaching $7.1 million. This represents a notable improvement of 13.4% compared to the $6.2 million in net sales recorded in the same period of the prior fiscal year. The company attributes this growth to continued demand for its specialized aerospace and defense components, as well as successful execution of existing contracts.
Gross profit for the quarter stood at $1.8 million, a healthy increase of 11.1% from the $1.6 million reported in the first quarter of fiscal year 2025. This improvement in gross profit, while slightly trailing the sales growth, reflects the company’s continued focus on operational efficiency and cost management within its manufacturing processes.
Operating income for the first quarter of fiscal year 2026 was reported at $325,000, a substantial rise of 44.4% compared to the $225,000 earned in the corresponding quarter of the previous year. This impressive growth in operating income underscores the company’s ability to leverage its increased sales volume and manage its operating expenses effectively.
The company also reported a positive net income for the first quarter of $225,000, or $0.00 per share. While this marks a slight decrease from the $232,000 net income in the first quarter of fiscal year 2025, it is important to note that the prior year’s result included a one-time gain from a legal settlement. Excluding this non-recurring item, the company’s operational profitability has seen a significant improvement.
Butler National Corporation’s balance sheet remains strong, with total assets of $24.7 million as of August 31, 2025. The company also maintains a healthy cash position, providing a solid foundation for future growth initiatives and strategic investments.
Mr. Clark R. Schoonover, President and CEO of Butler National Corporation, expressed optimism regarding the company’s performance. “We are very pleased with our first quarter results for fiscal year 2026,” stated Mr. Schoonover. “The increase in net sales and operating income demonstrates the continued strength of our core business and our team’s commitment to delivering high-quality products to our customers. We are particularly encouraged by the growth in our aerospace and defense segments, which continue to be key drivers of our success.”
Looking ahead, Butler National Corporation remains focused on expanding its market presence, fostering innovation, and pursuing strategic opportunities that will further enhance shareholder value. The company is well-positioned to capitalize on the ongoing demand within the aerospace and defense sectors, and its management team is dedicated to navigating the evolving market landscape with prudence and strategic foresight.
BUTLER NATIONAL CORPORATION ANNOUNCES FIRST QUARTER 2026 FINANCIAL RESULTS
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