PARK AEROSPACE CORP
Business
Park Aerospace Corp. develops and manufactures solution and hot-melt advanced composite materials, including film adhesives and lightning strike protection materials, for aerospace applications. The company offers prepregs designed for hand lay-up and automated fiber placement manufacturing, and also designs and fabricates composite parts, structures, assemblies and low-volume tooling. Park serves global aerospace markets including jet engines, transport aircraft, military aircraft, UAVs, business jets, and rocket motor programs, with manufacturing and R&D in Newton, Kansas.
Summary from 10-K filed 2026-05-29
Financials
Consolidated Statement of Income
| Concept | Trend | FY 2026 2026-02-28 | FY 2025 2025-02-28 | FY 2024 2024-02-29 | FY 2023 2023-02-28 | FY 2022 2022-02-28 |
|---|---|---|---|---|---|---|
| Net sales | 73 | 62 | 56 | 54 | 54 | |
| Cost of sales | 51 | 44 | 39 | 38 | 36 | |
| Gross profit | 23 | 18 | 17 | 16 | 18 | |
| Selling, general and administrative expenses | 9 | 8 | 8 | 7 | 6 | |
| Earnings from operations | 14 | 9 | 8 | 10 | 11 | |
| Storm damage charge | 0 | −1 | 0 | 0 | — | |
| Interest and other income | 2 | 1 | 1 | 1 | 375,000 | |
| Earnings from operations before income taxes | 15 | 10 | 9 | 11 | 12 | |
| Income tax provision (Note 4) | 4 | 4 | 2 | 301,000 | 3 | |
| Net earnings | 11 | 6 | 7 | 11 | 8 | |
| Basic earnings per share (in dollars per share) | 0.56 | 0.29 | 0.37 | 0.52 | 0.41 | |
| Basic weighted average shares (in shares) | 20 | 20 | 20 | 20 | 20 | |
| Diluted earnings per share (in dollars per share) | 0.56 | 0.29 | 0.37 | 0.52 | 0.41 | |
| Diluted weighted average shares (in shares) | 20 | 20 | 20 | 21 | 21 |
Consolidated Balance Sheet
| Concept | Trend | FY 2026 2026-02-28 | FY 2025 2025-02-28 | FY 2024 2024-02-29 | FY 2023 2023-02-28 | FY 2022 2022-02-28 |
|---|---|---|---|---|---|---|
| Cash and cash equivalents | 78 | 22 | 7 | 4 | 13 | |
| Marketable securities (Note 2) | 11 | 47 | 71 | 101 | 98 | |
| Accounts receivable, less allowance for credit losses of $111 and $125, respectively | 11 | 13 | 12 | 10 | 8 | |
| Inventories (Note 3) | 7 | 7 | 6 | 7 | 5 | |
| Prepaid expenses and other current assets | 918,000 | 1 | 3 | 3 | 3 | |
| Total current assets | 109 | 90 | 99 | 125 | 126 | |
| Property, plant and equipment, net (Note 3) | 22 | 22 | 23 | 24 | 24 | |
| Operating right-of-use assets (Note 9) | 256,000 | 308,000 | 95,000 | 150,000 | 203,000 | |
| Goodwill and other intangible assets, net (Note 3) | 10 | 10 | 10 | 10 | 10 | |
| Other assets | 2 | 80,000 | 94,000 | 108,000 | 122,000 | |
| Total assets | 142 | 122 | 132 | 159 | 161 | |
| Accounts payable | 4 | 3 | 4 | 5 | 3 | |
| Operating lease liabilities (Note 9) | 44,000 | 40,000 | 53,000 | 53,000 | 53,000 | |
| Accrued liabilities (Note 3) | 2 | 1 | 2 | 1 | 1 | |
| Income taxes payable (Note 4) | 634,000 | 5 | 4 | 2 | 2 | |
| Total current liabilities | 6 | 9 | 10 | 29 | 6 | |
| Long-term operating lease liabilities (Note 9) | 273,000 | 318,000 | 82,000 | 129,000 | 174,000 | |
| Deferred income taxes (Note 4) | 6 | 5 | 3 | 2 | 2 | |
| Other liabilities (Note 4) | 39,000 | 71,000 | 1 | 2 | 4 | |
| Total liabilities | 12 | 15 | 19 | 43 | 25 | |
| Commitments and contingencies (Notes 9 and 10) | — | — | — | — | — | |
| Preferred stock, $1 par value per shares-authorized, 500,000 shares; issued, none | 0 | 0 | 0 | 0 | 0 | |
| Common Stock, Par or Stated Value Per Share (in dollars per share) | 0.1 | 0.1 | 0.1 | 0.1 | 0.1 | |
| Common stock, $0.10 par value per shares-authorized, 60,000,000 shares; issued, 20,965,144 shares | 2 | 2 | 2 | 2 | 2 | |
| Additional paid-in capital | 177 | 170 | 170 | 170 | 170 | |
| Accumulated deficit | −48 | −50 | −45 | −43 | −25 | |
| Accumulated other comprehensive loss | −65,000 | −665,000 | −2 | −4 | −2 | |
| Stockholders' Equity, Including Treasury Stock | 131 | 122 | 125 | 125 | 145 | |
| Less treasury stock, at cost, 87,285 and 962,476 shares, respectively | −1 | −15 | −12 | 9 | 9 | |
| Total shareholders' equity | 130 | 107 | 113 | 116 | 136 | |
| Total liabilities and shareholders' equity | 142 | 122 | 132 | 159 | 161 |
Consolidated Statement of Cash Flows
| Concept | Trend | FY 2026 2026-02-28 | FY 2025 2025-02-28 | FY 2024 2024-02-29 | FY 2023 2023-02-28 | FY 2022 2022-02-28 |
|---|---|---|---|---|---|---|
| Non-cash storm damage charge | 0 | 887,000 | 0 | 0 | — | |
| Depreciation and amortization | 2 | 2 | 1 | 1 | 1 | |
| Stock-based compensation | 401,000 | 402,000 | 529,000 | 369,000 | 285,000 | |
| Allowance for credit losses | 46,000 | 6,000 | 16,000 | 16,000 | 16,000 | |
| Provision for deferred income taxes | 705,000 | 2 | 1 | — | — | |
| Amortization of bond premium | 0 | 126,000 | 315,000 | 42,000 | 956,000 | |
| Loss on sale of marketable securities | −50,000 | −57,000 | −184,000 | — | — | |
| Gain on sale of fixed assets | 0 | −22,000 | 0 | −8,000 | 27,000 | |
| Accounts receivable | 2 | −528,000 | −2 | −2 | −722,000 | |
| Inventories | −198,000 | −809,000 | 364,000 | −2 | 137,000 | |
| Prepaid expenses and other current assets | 426,000 | 2 | −5,000 | 238,000 | −550,000 | |
| Other assets and liabilities | −2 | −1 | −554,000 | −3 | 111,000 | |
| Accounts payable | 1 | −1 | −1 | 2 | 766,000 | |
| Accrued liabilities | 280,000 | −668,000 | 640,000 | −148,000 | −214,000 | |
| Income taxes payable | −5 | −4 | −4 | −2 | −2 | |
| Net cash provided by (used in) operating activities | 11 | 5 | 4 | 6 | 8 | |
| Purchases of property, plant and equipment | −2 | −889,000 | −645,000 | −1 | −4 | |
| Proceeds from sales of property, plant and equipment | 0 | 22,000 | 0 | 8,000 | 14,000 | |
| Purchases of marketable securities | −2 | −8 | −8 | −63 | −59 | |
| Proceeds from sales and maturities of marketable securities | 39 | 33 | 40 | 57 | 34 | |
| Net cash provided by investing activities | 35 | 24 | 31 | −7 | −30 | |
| Dividends paid | −10 | −10 | −31 | −8 | −8 | |
| Proceeds from exercise of stock options | 912,000 | 660,000 | 38,000 | 139,000 | 739,000 | |
| Proceeds from issuance of stock, net of issuance costs | 22 | 0 | 0 | — | — | |
| Purchase of treasury stock | −2 | −4 | −3 | 0 | 0 | |
| Net cash provided by (used in) financing activities | 11 | −14 | −33 | −8 | −7 | |
| Increase in cash and cash equivalents | 57 | 15 | 2 | −9 | −29 | |
| Addition to operating right-of-use asset from new operating lease liability | 0 | 267,000 | 0 | 0 | — |
Filings
Material Events
Insiders
Institutional Holders
Frequently asked questions
What is PARK AEROSPACE CORP's CIK number?
PARK AEROSPACE CORP's SEC CIK number is 0000076267 (76267). The CIK (Central Index Key) is the permanent identifier the SEC assigns to every EDGAR filer — unlike a ticker symbol, it never changes.
Where can I find PARK AEROSPACE CORP's SEC filings?
All of PARK AEROSPACE CORP's EDGAR filings — 10-K annual reports, 10-Q quarterly reports, 8-K material events, and insider transactions — are listed on this page, sourced live from SEC EDGAR.
When did PARK AEROSPACE CORP last report earnings?
PARK AEROSPACE CORP (PKE) most recently filed an earnings 8-K with the SEC on May 28, 2026, furnishing its results under Item 2.02 (Results of Operations and Financial Condition). The earnings press release is attached to that filing (accession 0001437749-26-018758). This is PARK AEROSPACE CORP's most recent earnings filing of record — not a forecast of its next earnings date.
What is PARK AEROSPACE CORP's most recent earnings 8-K?
PARK AEROSPACE CORP's latest earnings 8-K (Item 2.02) was filed May 28, 2026 under accession 0001437749-26-018758. It carries the quarterly or annual earnings press release — the earliest official, SEC-filed version of the results.
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