Astronics (ATRO) Revenue & Revenue Breakdown
Astronics Revenue Highlights
Latest Revenue (Y)
$689.21M
Latest Revenue (Q)
$198.11M
Main Segment (Y)
Aerospace Segment
Main Geography (Y)
UNITED STATES
Astronics Revenue by Period
Astronics Revenue by Year
| Date | Revenue | Change |
|---|---|---|
| 2023-12-31 | $689.21M | 28.85% |
| 2022-12-31 | $534.89M | 20.23% |
| 2021-12-31 | $444.91M | -11.48% |
| 2020-12-31 | $502.59M | -34.96% |
| 2019-12-31 | $772.70M | -3.80% |
| 2018-12-31 | $803.26M | 28.63% |
| 2017-12-31 | $624.46M | -1.37% |
| 2016-12-31 | $633.12M | -8.55% |
| 2015-12-31 | $692.28M | 4.73% |
| 2014-12-31 | $661.04M | 94.46% |
| 2013-12-31 | $339.94M | 27.58% |
| 2012-12-31 | $266.45M | 16.78% |
| 2011-12-31 | $228.16M | 340.27% |
| 2010-12-31 | $51.82M | -72.90% |
| 2009-12-31 | $191.20M | 10.06% |
| 2008-12-31 | $173.72M | 9.78% |
| 2007-12-31 | $158.24M | 42.86% |
| 2006-12-31 | $110.77M | 47.00% |
| 2005-12-31 | $75.35M | 117.18% |
| 2004-12-31 | $34.70M | 4.56% |
| 2003-12-31 | $33.18M | -22.72% |
| 2002-12-31 | $42.94M | -49.71% |
| 2001-12-31 | $85.38M | 18.63% |
| 2000-12-31 | $71.97M | 42.23% |
| 1999-12-31 | $50.60M | 9.76% |
| 1998-12-31 | $46.10M | 12.44% |
| 1997-12-31 | $41.00M | 6.77% |
| 1996-12-31 | $38.40M | 34.74% |
| 1995-12-31 | $28.50M | 14.46% |
| 1994-12-31 | $24.90M | 3.75% |
| 1993-12-31 | $24.00M | - |
Astronics generated $689.21M in revenue during NA 2023, up 28.85% compared to the previous quarter, and up 85.80% compared to the same period a year ago.
Astronics Revenue by Quarter
| Date | Revenue | Change |
|---|---|---|
| 2024-06-29 | $198.11M | 7.05% |
| 2024-03-30 | $185.07M | -5.23% |
| 2023-12-31 | $195.29M | 19.87% |
| 2023-09-30 | $162.92M | -6.61% |
| 2023-07-01 | $174.45M | 11.45% |
| 2023-04-01 | $156.54M | -1.02% |
| 2022-12-31 | $158.15M | 20.33% |
| 2022-10-01 | $131.44M | 1.79% |
| 2022-07-02 | $129.13M | 11.15% |
| 2022-04-02 | $116.18M | 0.11% |
| 2021-12-31 | $116.05M | 3.77% |
| 2021-10-02 | $111.84M | 0.61% |
| 2021-07-03 | $111.16M | 5.01% |
| 2021-04-03 | $105.86M | -7.79% |
| 2020-12-31 | $114.80M | 7.79% |
| 2020-09-26 | $106.51M | -13.90% |
| 2020-06-27 | $123.69M | -21.51% |
| 2020-03-28 | $157.58M | -20.58% |
| 2019-12-31 | $198.41M | 12.09% |
| 2019-09-28 | $177.02M | -6.39% |
| 2019-06-29 | $189.10M | -9.16% |
| 2019-03-30 | $208.17M | 2.59% |
| 2018-12-31 | $202.92M | -4.59% |
| 2018-09-29 | $212.67M | 1.95% |
| 2018-06-30 | $208.61M | 16.50% |
| 2018-03-31 | $179.06M | 4.52% |
| 2017-12-31 | $171.32M | 14.49% |
| 2017-09-30 | $149.64M | -0.98% |
| 2017-07-01 | $151.11M | -0.84% |
| 2017-04-01 | $152.40M | -1.09% |
| 2016-12-31 | $154.07M | -0.66% |
| 2016-10-01 | $155.10M | -5.67% |
| 2016-07-02 | $164.43M | 3.07% |
| 2016-04-02 | $159.53M | 1.39% |
| 2015-12-31 | $157.34M | -21.39% |
| 2015-10-03 | $200.15M | 15.59% |
| 2015-07-04 | $173.16M | 7.13% |
| 2015-04-04 | $161.64M | -2.68% |
| 2014-12-31 | $166.08M | -7.44% |
| 2014-09-27 | $179.44M | 2.79% |
| 2014-06-28 | $174.56M | 23.85% |
| 2014-03-29 | $140.95M | 33.66% |
| 2013-12-31 | $105.46M | 17.59% |
| 2013-09-28 | $89.68M | 26.61% |
| 2013-06-29 | $70.83M | -4.24% |
| 2013-03-30 | $73.97M | 9.71% |
| 2012-12-31 | $67.42M | -2.15% |
| 2012-09-29 | $68.90M | 6.02% |
| 2012-06-30 | $64.99M | -0.23% |
| 2012-03-31 | $65.14M | 6.51% |
| 2011-12-31 | $61.16M | 8.42% |
| 2011-10-01 | $56.40M | 1.67% |
| 2011-07-02 | $55.48M | 0.63% |
| 2011-04-02 | $55.13M | 6.38% |
| 2010-12-31 | $51.82M | 3.84% |
| 2010-10-02 | $49.91M | 5.98% |
| 2010-07-03 | $47.09M | 0.33% |
| 2010-04-03 | $46.94M | 2.98% |
| 2009-12-31 | $45.58M | -6.20% |
| 2009-10-03 | $48.59M | 3.32% |
| 2009-07-04 | $47.02M | -5.98% |
| 2009-04-04 | $50.02M | 12.69% |
| 2008-12-31 | $44.38M | 9.95% |
| 2008-09-27 | $40.36M | -15.72% |
| 2008-06-28 | $47.89M | 16.55% |
| 2008-03-29 | $41.09M | 13.28% |
| 2007-12-31 | $36.27M | - |
Astronics generated $198.11M in revenue during Q2 2024, up 7.05% compared to the previous quarter, and up 126.56% compared to the same period a year ago.
Astronics Revenue Breakdown
Astronics Revenue Breakdown by Product
Annual Revenue by Product
| Product/Service | Dec 23 | Dec 22 | Dec 21 | Dec 20 | Dec 19 |
|---|---|---|---|---|---|
| Other Aerospace | $30.17M | $28.70M | - | - | - |
| Military Aircraft | $61.62M | $54.53M | - | - | - |
| Commercial Transport Aircraft | $432.20M | $314.56M | - | - | - |
| Aerospace Segment | $604.83M | $461.20M | - | - | - |
| Test Systems Segment | $84.38M | $73.70M | - | - | - |
| Semiconductor | - | - | - | - | - |
| Aerospace And Defense Segments | - | $73.70M | - | - | - |
| Product Line, Avionics | - | - | $64.90M | $76.11M | $106.79M |
| Product Line, Systems Certification | - | - | $13.05M | $6.90M | $14.40M |
| Product Line, Structures | - | - | $5.53M | $9.83M | $23.12M |
| Product Line, Other | - | - | $36.26M | $26.97M | $24.61M |
| Product Line, Lighting And Safety | - | - | $103.75M | $118.93M | $185.46M |
| Product Line, Electrical Power And Motion | - | - | $141.75M | $179.25M | $338.24M |
Astronics's latest annual revenue breakdown by segment (product or service), as of Dec 23: Aerospace Segment (49.85%), Commercial Transport Aircraft (35.62%), Test Systems Segment (6.95%), Military Aircraft (5.08%), and Other Aerospace (2.49%).
Quarterly Revenue by Product
| Product/Service | Jun 24 | Mar 24 | Dec 23 | Jul 23 | Apr 23 | Dec 22 | Oct 22 | Jul 22 | Apr 22 | Dec 21 | Oct 21 | Jul 21 | Apr 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | Jun 19 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Test Systems Segment | $21.17M | $21.44M | $47.36M | $16.07M | $20.94M | $19.82M | $19.26M | $19.84M | $14.80M | - | - | - | - | - | - | - | - | - | - | - |
| Aerospace Segment | $176.95M | $163.68M | $591.53M | $7.62M | $5.68M | $138.34M | $3.98M | $1.67M | $1.00M | - | - | - | - | - | - | - | - | - | - | - |
| Product Line, Structures | - | - | - | - | - | - | - | - | - | $964.00K | $2.30M | $5.06M | - | - | - | - | - | - | - | - |
| Product Line, Other | - | - | - | - | - | - | - | - | - | $9.39M | $10.76M | $5.14M | - | - | - | - | - | - | - | - |
| Product Line, Lighting And Safety | - | - | - | - | - | - | - | - | - | $26.82M | $27.95M | $45.96M | - | - | - | - | - | - | - | - |
| Product Line, Electrical Power And Motion | - | - | - | - | - | - | - | - | - | $39.00M | $30.75M | $83.23M | - | - | - | - | - | - | - | - |
| Product Line, Avionics | - | - | - | - | - | - | - | - | - | $17.55M | $18.73M | $27.37M | - | - | - | - | - | - | - | - |
| Product Line, Systems Certification | - | - | - | - | - | - | - | - | - | $5.11M | $1.30M | $5.35M | - | - | - | - | - | - | - | - |
| Product Line Structures | - | - | - | - | - | - | - | - | - | - | $2.02M | $1.49M | $1.05M | - | - | - | - | - | - | - |
| Product Line Other | - | - | - | - | - | - | - | - | - | - | $9.04M | $9.63M | $8.20M | - | - | - | - | - | - | - |
| Product Line Lighting And Safety | - | - | - | - | - | - | - | - | - | - | $25.46M | $24.37M | $27.10M | - | - | - | - | - | - | - |
| Product Line Electrical Power And Motion | - | - | - | - | - | - | - | - | - | - | $38.65M | $34.75M | $29.34M | - | - | - | - | - | - | - |
| Product Line Avionics | - | - | - | - | - | - | - | - | - | - | $14.49M | $18.02M | $14.84M | - | - | - | - | - | - | - |
| Product Line Systems Certification | - | - | - | - | - | - | - | - | - | - | $6.10M | $960.00K | $878.00K | - | - | - | - | - | - | - |
| ProductLineStructuresMember | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $2.43M | $2.05M | $3.04M | $6.09M | $6.02M | - |
| ProductLineOtherMember | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $5.61M | $5.43M | $5.18M | $5.80M | $7.72M | - |
| ProductLineLightingAndSafetyMember | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $25.32M | $27.73M | $37.92M | $44.13M | $46.77M | - |
| ProductLineElectricalPowerAndMotionMember | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $32.48M | $46.56M | $69.46M | $78.43M | $84.04M | - |
| ProductLineAvionicsMember | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $16.10M | $19.13M | $22.14M | $19.87M | $25.68M | - |
| ProductLineSystemsCertificationMember | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $605.00K | $1.66M | $3.33M | $3.38M | $4.05M | - |
Astronics's latest quarterly revenue breakdown by segment (product or service), as of Jun 24: Aerospace Segment (89.31%), and Test Systems Segment (10.69%).
Astronics Revenue Breakdown by Country
Annual Revenue by Country
| Country | Dec 23 | Dec 22 | Dec 21 | Dec 20 | Dec 19 |
|---|---|---|---|---|---|
| UNITED STATES | $518.10M | $419.43M | $350.43M | $377.22M | $583.59M |
| South America | $2.07M | $3.63M | $1.08M | $1.79M | $862.00K |
| Europe | $123.68M | $78.63M | $62.14M | $85.31M | $130.23M |
| Asia | $26.16M | $21.24M | $21.09M | $27.58M | $40.76M |
| Other Continent | $4.31M | $2.75M | $3.18M | $3.04M | $4.67M |
| North America, Excluding United States | $14.88M | $9.22M | $6.99M | $7.66M | $12.59M |
| Non-US | $69.30M | $50.00M | $36.60M | $52.30M | $85.90M |
Astronics's latest annual revenue breakdown by geography, as of Dec 23: UNITED STATES (68.30%), Europe (16.31%), Non-US (9.14%), Asia (3.45%), North America, Excluding United States (1.96%), Other Continent (0.57%), and South America (0.27%).
Astronics Peer Comparison by Revenue
| Ticker | Company | Last Year Revenue | Last Quarter Revenue |
|---|---|---|---|
| CW | Curtiss-Wright | $2.85B | $798.92M |
| VSEC | VSE | $860.49M | $265.96M |
| DCO | Ducommun | $756.99M | $197.00M |
| ATRO | Astronics | $689.21M | $198.11M |
| CDRE | Cadre | $482.53M | $144.31M |
| NPK | National Presto Industries | $340.91M | $85.06M |
| PKE | Park Aerospace | $56.00M | $16.71M |
| ISSC | Innovative Solutions and Support | $34.81M | $11.77M |
ATRO Revenue FAQ
What is Astronics’s yearly revenue?
Astronics's yearly revenue for 2023 was $689.21M, representing an increase of 28.85% compared to 2022. The company's yearly revenue for 2022 was $534.89M, representing an increase of 20.23% compared to 2021. ATRO's yearly revenue for 2021 was $444.91M, representing a decrease of -11.48% compared to 2020.
What is Astronics’s quarterly revenue?
Astronics's quarterly revenue for Q2 2024 was $198.11M, a 7.05% increase from the previous quarter (Q1 2024), and a 13.56% increase year-over-year (Q2 2023). The company's quarterly revenue for Q1 2024 was $185.07M, a -5.23% decrease from the previous quarter (Q4 2023), and a 18.23% increase year-over-year (Q1 2023). ATRO's quarterly revenue for Q4 2023 was $195.29M, a 19.87% increase from the previous quarter (Q3 2023), and a 23.48% increase year-over-year (Q4 2022).
What is Astronics’s revenue growth rate?
Astronics's revenue growth rate for the last 3 years (2021-2023) was 54.91%, and for the last 5 years (2019-2023) was -10.81%.
What are Astronics’s revenue streams?
Astronics's revenue streams in c 23 are Other Aerospace, Military Aircraft, Commercial Transport Aircraft, Aerospace Segment, and Test Systems Segment. Other Aerospace generated $30.17M in revenue, accounting 2.49% of the company's total revenue, up 5.12% year-over-year. Military Aircraft generated $61.62M in revenue, accounting 5.08% of the company's total revenue, up 12.99% year-over-year. Commercial Transport Aircraft generated $432.2M in revenue, accounting 35.62% of the company's total revenue, up 37.40% year-over-year. Aerospace Segment generated $604.83M in revenue, accounting 49.85% of the company's total revenue, up 31.14% year-over-year. Test Systems Segment generated $84.38M in revenue, accounting 6.95% of the company's total revenue, up 14.49% year-over-year.
What is Astronics’s main source of revenue?
For the fiscal year ending Dec 23, the largest source of revenue of Astronics was Aerospace Segment. This segment made a revenue of $604.83M, representing 49.85% of the company's total revenue.