Welcome to our dedicated page for Cpi Aerostruct SEC filings (Ticker: CVU), a comprehensive resource for investors and traders seeking official regulatory documents including 10-K annual reports, 10-Q quarterly earnings, 8-K material events, and insider trading forms.
CPI Aerostructures, Inc. filings document the company's operating results, aerospace manufacturing disclosures, financing arrangements and governance changes. Recent Form 8-K reports furnish quarterly and annual financial results, report material definitive agreements, and disclose officer appointments, indemnification arrangements and compensatory matters tied to finance leadership roles.
The filing record also includes disclosures about credit facilities secured by subsidiary guarantees from Welding Metallurgy, Inc. and Compac Development Corporation, Form 12b-25 notice of delayed quarterly reporting, NYSE American-related communications about unusual trading activity, annual meeting timing and exhibit filings. These documents frame the company's capital structure, reporting status, subsidiary obligations and public-company governance.
CPI Aerostructures, Inc. reported a sharp turnaround in first-quarter 2026 results. Revenue rose to $17.4 million from $15.4 million a year earlier, helped by a more favorable product mix and operational efficiencies.
Gross profit increased to $4.5 million from $1.6 million, and income from operations improved to $1.8 million from a loss of $1.2 million. The company moved from a net loss of $1.3 million to net income of $1.2 million, or $0.10 basic earnings per share versus a loss of $0.10 per share.
CPI Aero reported Adjusted EBITDA of $2.1 million, compared with a loss of $0.8 million, and noted 53% growth over the prior-year period when excluding a prior A-10 program adjustment. Management highlighted a contract-backed backlog of $495 million and ongoing preparation for new missile-related production.
CPI Aerostructures reported a strong turnaround in Q1 2026, posting net income of $1.24 million after a $1.32 million loss a year earlier. Revenue rose to $17.36 million from $15.40 million, driven mainly by higher military subcontract work and favorable adjustments on Next Generation Jammer programs.
Gross profit increased to $4.48 million with margin improving to 25.8% from 10.7%, helped by lower procurement, labor, and overhead costs. Backlog remained very large at $494.96 million, with $96.14 million funded, and about 96% tied to government and military customers.
The company ended the quarter with $1.00 million of cash, $22.73 million of working capital, and $19.17 million outstanding under a $20 million credit facility maturing in 2030. It also put in place a new $30 million shelf registration, including an at‑the‑market equity program of up to about $17 million, to supplement future liquidity if needed.
CPI Aerostructures Inc filed a Form 3 for its Chief Financial Officer, Robert Mannix. This filing serves as his initial statement as an insider of the company. The provided data show no reportable purchases, sales, gifts, option exercises, or other insider transactions, and no derivative positions are listed.
CPI Aerostructures, Inc. filed Amendment No. 2 to its annual report to supply missing Part III information for the year ended December 31, 2025. The update provides detailed biographies for directors and executives, committee memberships, and confirms most directors meet NYSE American independence standards and audit committee financial expert criteria.
The filing outlines 2025 compensation for named executive officers, including salaries, performance-based cash bonus opportunities and time- and performance-vested restricted stock awards, plus severance and change-in-control protections for key leaders. It also discloses director cash and RSU compensation levels, equity plan share availability, major shareholders and insider ownership, states there were no related-party transactions in 2025, and presents audit and related fees paid to the company’s external auditors for 2024 and 2025.
CPI Aerostructures, Inc. has filed a prospectus supplement to offer up to $17,000,000 of its common stock through an At-The-Market offering under a sales agreement with Craig-Hallum Capital Group LLC.
Shares may be sold from time to time at prevailing market prices on NYSE American (symbol CVU) or by other permitted methods; Craig-Hallum will act as sales agent on a best-efforts basis and may receive up to 3.0% of gross proceeds as compensation. The company states proceeds are intended for working capital and general corporate purposes. The prospectus notes the company’s public float of approximately $57,978,205 based on 11,978,969 shares held by non-affiliates and references limits under General Instruction I.B.6 of Form S-3.
CPI Aerostructures, Inc. amended its shelf registration to incorporate its Form 10-K/A for the fiscal year ended December 31, 2025 and refresh a base prospectus registering up to $30,000,000 of securities. The company also filed a prospectus supplement for an At-The-Market program to sell up to $17,000,000 of common stock through Craig-Hallum as sales agent. The base prospectus covers common stock, preferred stock, warrants, debt securities and units; use of proceeds is working capital and general corporate purposes. As of March 26, 2026 there were 13,209,669 shares outstanding and the company reported backlog of approximately $505 million as of December 31, 2025.
CPI Aerostructures, Inc. filed an amended annual report primarily to correct the audit report date from Marcum LLP on its 2024 financial statements; all other disclosures from the original 2025 annual report are unchanged.
The company manufactures structural assemblies, integrated systems, tube bending, welding, and electrical harnesses for aerospace and defense customers, acting as both a U.S. Department of Defense prime contractor and Tier 1 subcontractor to major primes such as Raytheon, Lockheed Martin, Sikorsky and Northrop Grumman. For 2025, funded backlog was $91.8 million with total backlog of $504.5 million, heavily concentrated in long-term government programs. Key customers are concentrated, with Raytheon, Sikorsky, Lockheed Martin and the U.S. Air Force together representing most revenue.
The company highlights dependence on government funding, supply-chain and labor risks, liquidity needs supported by a secured credit facility with Western Alliance Bank, and significant federal and state net operating loss carryforwards. It also discloses safety metrics, a workforce of 192 employees as of December 31, 2025, and an active cybersecurity and compliance program.
CPI Aerostructures, Inc. filed a shelf registration to offer up to $30,000,000 of securities and a prospectus supplement to sell up to $17,000,000 of common stock under an at-the-market program with Craig-Hallum Capital Group LLC. Sales may occur from time to time on NYSE American at prevailing market prices.
The base prospectus covers common stock, preferred stock, warrants, debt securities and units. As of March 26, 2026, there were 13,209,669 shares outstanding and a reported last sale price of $4.19. Backlog totaled approximately $505 million as of December 31, 2025.
CPI Aerostructures, Inc. reported weaker results for 2025 as it absorbed the impact of the A-10 Program termination. Full-year revenue fell to $69.3 million from $81.1 million, and the company swung from net income of $3.3 million in 2024 to a net loss of $0.8 million in 2025.
Adjusted EBITDA dropped to $1.1 million from $7.8 million, or $5.5 million excluding a prior A-10 adjustment. Management highlighted significant new aerospace and defense contract wins and a year-end backlog of $505 million. CPI Aero also refinanced its debt with Western Alliance Bank, extending maturity to December 2030 while lowering interest and improving terms, which it believes enhances financial flexibility.