Aevex reported Q1 earnings late Wednesday of $0.22 per diluted unit, swinging from a loss of $0.31 a year earlier.

Analysts surveyed by FactSet expected earnings of $0.16.

Revenue for the three months ended March 31 was $216.7 million, up from $53.3 million a year earlier.

Analysts polled by FactSet expected $200.9 million.

For full-year 2026, the company expects revenue of $600 million to $620 million. Analysts polled by FactSet expect $585 million.

Separately, Aevex won $15.6 million in US Air Force contracts to support advanced unmanned aircraft mission capabilities and modular airborne system integration efforts.