Butler National Corporation reported its financial results for the first quarter of fiscal 2026, ending July 31, 2025. The company experienced a 1.5% increase in revenue, rising from $19.828 million in the same period of fiscal 2025 to $20.125 million. Operating income increased by 32%, reaching $4.667 million compared to $3.536 million in the previous year. Net income saw significant growth, rising 64% to $3.685 million from $2.246 million. Earnings per share doubled to $0.06 from $0.03. The Aerospace Products segment contributed positively to the company's performance, with a 7% increase in revenue to $11.3 million, up from $10.6 million in the previous fiscal year. This growth was driven by a $1.2 million increase in Special Missions Electronics and a $1.0 million increase in Aircraft Avionics. Costs for the segment decreased by 12% to $6.6 million, representing 58% of the segment's total revenue, down from 71% in the prior year. During the first quarter, Butler National Corporation repurchased 2.41 million shares of its outstanding common stock. Additionally, the company plans to utilize five million dollars authorized by the Board of Directors in July for future stock repurchases. In June 2025, the company's New Century, Kansas hangar sustained damage from a third-party airplane landing on the roof. The Avcon team managed to overcome interruptions by utilizing an adjacent hangar and working overtime on airplane modification projects.