| Cash Flow | 2026-06-30 |
|---|---|
| Total revenue | 301,669 |
| Cost of goods sold (adjusted) | 211,969 |
| Selling, general, and administrative expenses (adjusted) | 26,724 |
| Adjusted ebitda | 62,976 |
| Income tax expense | 26,018 |
| Interest expense, net | 44,020 |
| Depreciation and amortization | 27,236 |
| Share-based compensation expense | 110,842 |
| Transaction costs | 19,161 |
| Integration and restructuring costs | 4,320 |
| Legal contingencies loss | 0 |
| Management fees | 482 |
| Other | 0 |
| Net loss | -169,103 |
| Depreciation and amortization | 27,236 |
| Share-based compensation expense | 110,842 |
| Non-cash interest expense of debt discount and issuance costs | 8,007 |
| Deferred income taxes | -12,402 |
| Accounts receivable, net | -12,656 |
| Contract assets | 44,237 |
| Inventories | -7,834 |
| Prepaid expenses and other current assets | -3,075 |
| Accounts payable | -2,835 |
| Contract liabilities | -938 |
| Accrued expenses and other current liabilities | -23,316 |
| Operating lease right-of-use assets and liabilities | 1,090 |
| Net cash used in operating activities | -82,091 |
| Purchases of property and equipment | 21,639 |
| Payment for acquisitions, net of cash acquired | 305,810 |
| Net cash used in investing activities | -327,449 |
| Proceeds from issuance of long-term debt, net of discount | 326,935 |
| Repayments of long-term debt | 567,646 |
| Proceeds from revolving line of credit | 56,100 |
| Repayments of revolving line of credit | 56,100 |
| Payments on finance lease liabilities | 874 |
| Payments on equipment financing obligations | 579 |
| Capital contributions received | 18,700 |
| Net proceeds from issuance of common stock in initial public offering | 635,637 |
| Net cash provided by financing activities | 412,173 |
| Net increase (decrease) in cash and cash equivalents | 2,633 |
| Contract assets (current) | 140,817 |
| Cash and cash equivalents, beginning of period | 15,475 |
| Cash and cash equivalents, end of period | 18,108 |
Applied Aerospace & Defense, Inc. (AADX)
Applied Aerospace & Defense, Inc. (AADX)