Ducommun Inc (DCO) financial statements: income statement, balance sheet and cash flow
Ducommun Inc's income statement, balance sheet and cash flow statement as filed with the SEC (10-K and 10-Q), with the latest fiscal years and quarters. In its latest fiscal year (Dec 31, 2025 · FY), Ducommun Inc reported revenue of $824.7M (+4.9% year on year).
Income statement
Ducommun Inc income statement, fiscal years
Line item
Dec 31, 2025 · FY
Dec 31, 2024 · FY
Dec 31, 2023 · FY
Dec 31, 2022 · FY
Net Revenues
$824.7M
$786.6M
$757.0M
$712.5M
Cost of Sales
$603.1M
$589.3M
$593.8M
$568.2M
Gross Profit
$221.6M
$197.3M
$163.2M
$144.3M
Selling, General and Administrative Expenses
$144.4M
$138.6M
$119.7M
$98.4M
Restructuring Charges
$2.2M
$6.4M
$14.5M
$6.2M
Litigation Settlement and Related Costs, Net
$107.3M
—
—
—
Operating (Loss) Income
($32.3M)
$52.2M
$28.9M
$39.8M
Interest Expense
($12.7M)
($15.3M)
($20.8M)
($11.6M)
Loss on Extinguishment of Debt
($581.0K)
$0
$0
($295.0K)
Other Income, Net
$1.7M
$0
$8.2M
$5.4M
(Loss) Income Before Taxes
($43.8M)
$36.9M
$16.4M
$33.3M
Income Tax (Benefit) Expense
($9.9M)
$5.4M
$451.0K
$4.5M
Net (Loss) Income
($33.9M)
$31.5M
$15.9M
$28.8M
Basic (loss) earnings per share (in dollars per share)
-$2.27
$2.13
$1.16
$2.38
Diluted (loss) earnings per share (in dollars per share)
-$2.27
$2.10
$1.14
$2.33
Basic (in shares)
14.9M
14.8M
13.7M
12.1M
Diluted (in shares)
14.9M
15.0M
14.0M
12.4M
Ducommun Inc income statement, quarters
Line item
Jul 4, 2026 · Q3
Apr 4, 2026 · Q2
Sep 27, 2025 · Q3
Jun 28, 2025 · Q2
Net Revenues
$224.5M
$209.0M
$212.6M
$202.3M
Cost of Sales
$161.6M
$152.8M
$156.1M
$148.5M
Gross Profit
$62.9M
$56.2M
$56.5M
$53.7M
Selling, General and Administrative Expenses
$34.6M
$40.5M
$36.3M
$36.0M
Restructuring Charges
$0
$0
$583.0K
$608.0K
Operating Income
$28.3M
$15.7M
($80.0M)
$17.2M
Interest Expense, Net
($3.5M)
($4.0M)
($2.9M)
($3.0M)
Other Income, Net
$0
—
$0
$1.7M
Income Before Taxes
$24.8M
$11.7M
($83.0M)
$15.9M
Income Tax Expense
$4.4M
$1.8M
($18.5M)
$3.4M
Net Income
$20.4M
$9.9M
($64.4M)
$12.6M
Basic earnings per share (in dollars per share)
$1.35
$0.66
-$4.30
$0.84
Diluted earnings per share (in dollars per share)
$1.31
$0.64
-$4.30
$0.82
Basic (in shares)
15.1M
15.0M
15.0M
14.9M
Diluted (in shares)
15.6M
15.6M
15.0M
15.2M
Balance sheet
Ducommun Inc balance sheet, fiscal years
Line item
Dec 31, 2025 · FY
Dec 31, 2024 · FY
Dec 31, 2023 · FY
Dec 31, 2022 · FY
Cash and cash equivalents
$45.3M
$37.1M
$42.9M
$46.2M
Accounts receivable (net of allowance for credit losses of $1,802 and $2,630 at December 31, 2025 and 2024, respectively)
$124.4M
$109.7M
$104.7M
$104.0M
Contract assets
$249.8M
$200.6M
$177.7M
$191.3M
Inventories
$182.8M
$196.9M
$199.2M
$171.2M
Production cost of contracts
$7.2M
$6.8M
$7.8M
$5.7M
Other current assets
$16.4M
$17.0M
$17.3M
$8.9M
Total Current Assets
$626.0M
$568.1M
$549.6M
$527.3M
Property and Equipment, Net
$107.2M
$109.8M
$111.4M
$106.2M
Operating Lease Right-of-Use Assets
$40.1M
$28.6M
$29.5M
$34.6M
Goodwill
$244.6M
$244.6M
$244.6M
$203.4M
Intangibles, Net
$132.8M
$149.6M
$166.3M
$127.2M
Deferred Income Taxes
$15.3M
$2.2M
$641.0K
$14.0M
Other Assets
$20.2M
$23.2M
$18.9M
$22.7M
Total Assets
$1.2B
$1.1B
$1.1B
$1.0B
Accounts payable
$74.7M
$75.8M
$72.3M
$90.1M
Contract liabilities
$40.7M
$34.4M
$53.5M
$47.1M
Accrued and other liabilities
$50.9M
$44.2M
$42.3M
$48.8M
Operating lease liabilities
$7.8M
$8.5M
$7.9M
$7.2M
Current portion of long-term debt
$5.0M
$12.5M
$7.8M
$6.3M
Total Current Liabilities
$179.1M
$175.5M
$183.7M
$199.4M
Long-Term Debt, Less Current Portion
$298.8M
$229.8M
$257.0M
$240.6M
Non-Current Operating Lease Liabilities
$34.2M
$21.3M
$22.9M
$28.8M
Other Long-Term Liabilities
$12.0M
$17.0M
$16.4M
$12.7M
Total Liabilities
$524.1M
$443.6M
$484.8M
$495.5M
Common stock - $0.01 par value; 35,000,000 shares authorized; 14,949,671 and 14,781,218 shares issued and outstanding at December 31, 2025 and 2024, respectively
149.0K
148.0K
146.0K
121.0K
Additional paid-in capital
$235.9M
$217.5M
$206.2M
$112.0M
Retained earnings
$419.5M
$453.5M
$422.0M
$406.1M
Accumulated other comprehensive income
$6.5M
$11.4M
$7.8M
$7.7M
Total Shareholders’ Equity
$662.1M
$682.5M
$636.1M
$526.0M
Total Liabilities and Shareholders’ Equity
$1.2B
$1.1B
$1.1B
$1.0B
Ducommun Inc balance sheet, quarters
Line item
Jul 4, 2026
Apr 4, 2026
Sep 27, 2025
Jun 28, 2025
Cash and cash equivalents
$39.8M
$39.1M
$50.9M
$37.1M
Accounts receivable, net of allowance for credit losses of $1,690 and $1,802 at July 4, 2026 and December 31, 2025, respectively
$146.9M
$137.0M
$111.3M
$119.7M
Contract assets
$259.7M
$249.2M
$248.4M
$221.0M
Inventories
$191.7M
$186.3M
$192.8M
$197.3M
Production cost of contracts
$6.2M
$5.9M
$5.7M
$5.8M
Other current assets
$17.1M
$16.3M
$72.3M
$17.3M
Total Current Assets
$661.4M
$633.9M
$681.4M
$598.2M
Property and Equipment, Net of Accumulated Depreciation of $190,526 and $196,508 at July 4, 2026 and December 31, 2025, respectively
$105.6M
$105.8M
$107.4M
$108.9M
Operating Lease Right-of-Use Assets
$56.1M
$37.9M
$42.2M
$24.4M
Goodwill
$244.6M
$244.6M
$244.6M
$244.6M
Intangibles, Net
$124.5M
$128.7M
$137.0M
$141.2M
Deferred Income Taxes
$10.1M
$14.2M
$18.2M
$5.1M
Other Assets
$22.3M
$20.4M
$17.9M
$18.4M
Total Assets
$1.2B
$1.2B
$1.2B
$1.1B
Accounts payable
$95.6M
$80.0M
$85.3M
$84.1M
Contract liabilities
$56.4M
$52.5M
$34.5M
$37.0M
Accrued and other liabilities
$33.3M
$28.1M
$194.2M
$42.1M
Operating lease liabilities
$6.7M
$7.0M
$7.8M
$8.9M
Current portion of long-term debt
$5.0M
$5.0M
$12.5M
$12.5M
Total Current Liabilities
$197.0M
$172.6M
$334.3M
$184.5M
Long-Term Debt, Less Current Portion
$271.4M
$297.6M
$215.0M
$218.1M
Non-Current Operating Lease Liabilities
$51.7M
$33.1M
$36.1M
$16.9M
Other Long-Term Liabilities
$14.1M
$12.3M
$14.1M
$13.6M
Total Liabilities
$534.1M
$515.5M
$599.5M
$433.0M
Common Stock - $0.01 par value; 35,000,000 shares authorized; 15,099,264 and 14,949,671 shares issued and outstanding at July 4, 2026 and December 31, 2025, respectively
151.0K
151.0K
149.0K
149.0K
Additional Paid-In Capital
$245.8M
$246.4M
$230.0M
$223.7M
Retained Earnings
$436.6M
$416.2M
$412.1M
$476.5M
Accumulated Other Comprehensive Income
$7.8M
$7.0M
$6.8M
$7.5M
Total Shareholders’ Equity
$690.4M
$669.8M
$649.0M
$707.8M
Total Liabilities and Shareholders’ Equity
$1.2B
$1.2B
$1.2B
$1.1B
Cash flow statement
Ducommun Inc cash flow statement, fiscal years
Line item
Dec 31, 2025 · FY
Dec 31, 2024 · FY
Dec 31, 2023 · FY
Dec 31, 2022 · FY
Net (Loss) Income
($33.9M)
$31.5M
$15.9M
$28.8M
Depreciation and amortization
$33.7M
$33.4M
$32.6M
$31.4M
Non-cash operating lease cost
$8.3M
$8.5M
$8.2M
$7.3M
Inventory write-down and property and equipment impairment due to restructuring
$0
$0
$882.0K
$1.6M
Stock-based compensation expense
$24.5M
$17.8M
$15.0M
$10.7M
Deferred income taxes
($11.6M)
($7.5M)
($9.8M)
($9.4M)
(Recovery of) provision for credit losses
($145.0K)
$624.0K
$1.4M
($509.0K)
Noncash loss on extinguishment of debt
$581.0K
$0
$0
$295.0K
Recognition of insurance recoveries
$0
$0
($3.9M)
—
Gain on sale of property and other assets
($1.7M)
—
—
—
Litigation settlement and related costs
$4.1M
—
—
—
Other
$1.3M
$297.0K
$411.0K
$1.1M
Accounts receivable
($14.6M)
($5.6M)
$2.0M
($31.2M)
Contract assets
($49.3M)
($22.9M)
$13.6M
($14.9M)
Inventories
$14.1M
$2.3M
($16.0M)
($20.8M)
Production cost of contracts
($923.0K)
$618.0K
($2.8M)
$8.0K
Other assets
($324.0K)
($1.5M)
($4.3M)
($1.4M)
Accounts payable
($551.0K)
$3.2M
($18.4M)
$24.2M
Contract liabilities
$6.2M
($19.0M)
$6.4M
$5.0M
Operating lease liabilities
($7.8M)
($8.3M)
($7.6M)
($6.5M)
Accrued and other liabilities
($5.3M)
$624.0K
($2.5M)
$6.9M
Net Cash (Used in) Provided by Operating Activities
($33.4M)
$34.2M
$31.1M
$32.7M
Purchases of property and equipment
($15.2M)
($14.1M)
($19.5M)
($19.7M)
Proceeds from sale of property and other assets
$2.0M
—
—
—
Proceeds from sale of assets
$130.0K
$223.0K
$404.0K
$82.0K
Payments for acquisition of BLR Aerospace L.L.C., net of cash acquired
$0
$0
($114.4M)
—
Net Cash Used in Investing Activities
($13.1M)
($13.9M)
($133.5M)
($19.2M)
Borrowings from senior secured revolving credit facility
$145.0M
$20.0M
$176.5M
$4.0M
Repayments of senior secured revolving credit facility
($48.8M)
($35.0M)
($152.7M)
($4.0M)
Borrowings from term loans
$200.0M
$0
$0
$250.0M
Repayments of term loans
($234.4M)
($7.8M)
($6.3M)
($289.3M)
Repayments of other debt
($368.0K)
($329.0K)
($336.0K)
($344.0K)
Debt issuance costs
($3.6M)
$0
$0
($2.5M)
Proceeds from issuance of common stock in public offering, net of issuance costs
$0
$0
$85.1M
—
Net cash paid upon issuance of common stock under stock plans
($3.2M)
($2.9M)
($3.3M)
($1.4M)
Net Cash Provided by (Used in) Financing Activities
$54.7M
($26.0M)
$99.0M
($43.5M)
Net Increase (Decrease) in Cash and Cash Equivalents
$8.2M
($5.7M)
($3.4M)
($30.1M)
Cash and Cash Equivalents at Beginning of Year
$37.1M
$42.9M
$46.2M
$76.3M
Cash and Cash Equivalents at End of Year
$45.3M
$37.1M
$42.9M
$46.2M
Ducommun Inc cash flow statement, quarters
Line item
Jul 4, 2026 · YTD
Apr 4, 2026 · Q2
Sep 27, 2025 · YTD
Jun 28, 2025 · YTD
Net Income
$30.3M
$9.9M
($41.4M)
$23.1M
Depreciation and amortization
$16.8M
$8.2M
$25.2M
$16.9M
Non-cash operating lease cost
$4.3M
$2.3M
$6.6M
$4.4M
Stock-based compensation expense
$16.8M
$11.4M
$17.5M
$11.7M
Deferred income taxes
$5.0M
$1.2M
($14.6M)
($1.7M)
Provision for credit losses
($112.0K)
($112.0K)
$10.0K
$10.0K
Gain on sale of property and other assets
$0
—
($1.7M)
($1.7M)
Other
($2.8M)
$283.0K
$909.0K
$408.0K
Accounts receivable
($22.4M)
($12.5M)
($1.6M)
($10.0M)
Contract assets
($9.8M)
$616.0K
($47.8M)
($20.5M)
Inventories
($8.9M)
($3.5M)
$4.1M
($415.0K)
Production cost of contracts
$717.0K
$1.2M
$790.0K
$820.0K
Other assets
($1.6M)
$308.0K
($67.0K)
($542.0K)
Accounts payable
$21.1M
$5.7M
$10.0M
$9.1M
Contract liabilities
$15.7M
$11.8M
$5.0K
$2.5M
Operating lease liabilities
($3.8M)
($1.9M)
($5.9M)
($4.1M)
Accrued and other liabilities
($16.5M)
($23.6M)
($8.5M)
($6.8M)
Net Cash Provided by Operating Activities
$44.8M
$11.2M
$41.3M
$23.2M
Purchases of property and equipment
($6.5M)
($2.9M)
($11.2M)
($9.1M)
Proceeds from sale of property and other assets
$0
—
$2.0M
$2.0M
Proceeds from sale of assets
$100.0K
$45.0K
$138.0K
$100.0K
Net Cash Used in Investing Activities
($6.4M)
($2.9M)
($9.1M)
($7.0M)
Borrowings from senior secured revolving credit facility
$0
$0
$25.0M
$25.0M
Repayments of senior secured revolving credit facility
($25.0M)
$0
($33.8M)
($33.8M)
Repayments of term loan
($2.5M)
($1.3M)
($6.3M)
($3.1M)
Other financing activities, net
($123.0K)
—
—
—
Net cash paid upon issuance of common stock under stock plans