Park Aerospace Corp. (NYSE-PKE), based in Newton, Kansas, specializes in developing and manufacturing advanced composite materials for aerospace markets. Its products include film adhesives and lightning strike protection materials.

For the third quarter of the 2025 fiscal year, ended December 1, 2024, Park Aerospace reported net sales of $14,408,000, up from $11,639,000 in the third quarter of 2024 and down from $16,709,000 in the second quarter of 2025. Over the first nine months of the fiscal year, net sales totaled $45,087,000, compared to $39,671,000 in the same period last year.

Net earnings for the third quarter of 2025 were $1,577,000, compared to $1,203,000 in the third quarter of 2024 and $2,066,000 in the second quarter of 2025. Net earnings for the first nine months of fiscal 2025 totaled $4,636,000, slightly below the $4,803,000 reported in the prior year’s nine-month period.

Net earnings before special items for the third quarter of 2025 also stood at $1,577,000, an increase from $1,203,000 in the prior year’s quarter. For the first nine months of 2025, net earnings before special items were $5,450,000, compared to $5,356,000 for the same period in 2024.

The company’s adjusted EBITDA for the third quarter of 2025 reached $2,415,000, an increase from $1,808,000 in the third quarter of the prior year. Adjusted EBITDA for the first nine months of 2025 was $8,231,000, compared to $7,788,000 for the first nine months of last year.

Basic and diluted earnings per share for the third quarter of 2025 were both $0.08, up from $0.06 the year prior and down from $0.10 in the prior quarter. For the first nine months of 2025, basic and diluted earnings per share were $0.23, compared to $0.24 for the same period in 2024.

The company’s current assets as of December 1, 2024, totaled $92,564,000, down from $98,845,000 as of March 3, 2024. Current liabilities increased to $12,256,000 from $9,658,000 during the same timeframe.

Despite facing $1,098,000 of pre-tax storm damage charges in the first nine months of 2025, the company experienced an uptick in several financial metrics from the previous year. This performance reflects the ongoing improvements in net sales and earnings before special items.