Park Aerospace Corp (PKE) financial statements: income statement, balance sheet and cash flow
Park Aerospace Corp'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 (Mar 1, 2026 · FY), Park Aerospace Corp reported revenue of $73.3M (+18.2% year on year) and net income of $11.3M (+91.6% year on year).
Income statement
Park Aerospace Corp income statement, fiscal years
Line item
Mar 1, 2026 · FY
Mar 2, 2025 · FY
Mar 3, 2024 · FY
Feb 26, 2023 · FY
Net sales
$73.3M
$62.0M
$56.0M
$54.1M
Cost of sales
$50.6M
$44.4M
$39.5M
$37.6M
Gross profit
$22.7M
$17.6M
$16.5M
$16.5M
Selling, general and administrative expenses
$9.2M
$8.2M
$8.2M
$6.5M
Earnings from operations
$13.5M
$9.4M
$8.4M
$10.0M
Storm damage charge
$0
($1.1M)
—
—
Interest and other income
$1.5M
$1.2M
$1.1M
$1.1M
Earnings from operations before income taxes
$15.0M
$9.5M
$9.4M
$11.0M
Income tax provision (Note 4)
$3.8M
$3.6M
$2.0M
$301.0K
Net earnings
$11.3M
$5.9M
$7.5M
$10.7M
Basic earnings per share (in dollars per share)
$0.56
$0.29
$0.37
$0.52
Basic weighted average shares (in shares)
20.0M
20.1M
20.3M
20.5K
Diluted earnings per share (in dollars per share)
$0.56
$0.29
$0.37
$0.52
Diluted weighted average shares (in shares)
20.1M
20.2M
20.4M
20.5K
Park Aerospace Corp income statement, quarters
Line item
Aug 30, 2026 · Q2
May 31, 2026 · Q1
Nov 30, 2025 · Q3
Aug 31, 2025 · Q2
Net sales
$20.8M
$18.3M
$17.3M
$16.4M
Cost of sales
$13.7M
$11.9M
$11.4M
$11.3M
Gross profit
$7.1M
$6.4M
$5.9M
$5.1M
Selling, general and administrative expenses
$2.4M
$2.4M
$2.3M
$2.3M
Earnings from operations
$4.7M
$4.0M
$3.6M
$2.8M
Interest and other income
$839.0K
$786.0K
$343.0K
$390.0K
Earnings from operations before income taxes
$5.6M
—
$4.0M
$3.2M
Income tax provision (Note 9)
$1.0M
$1.3M
$1.0M
$831.0K
Net earnings
$4.5M
$3.5M
$3.0M
$2.4M
Basic earnings per share (in dollars per share)
$0.21
$0.17
$0.15
$0.12
Basic weighted average shares (in shares)
21.7M
20.9M
19.9M
19.9M
Diluted earnings per share (in dollars per share)
$0.21
$0.17
$0.15
$0.12
Diluted weighted average shares (in shares)
21.9M
21.2M
20.1M
20.0M
Balance sheet
Park Aerospace Corp balance sheet, fiscal years
Line item
Mar 1, 2026 · FY
Mar 2, 2025 · FY
Mar 3, 2024 · FY
Feb 26, 2023 · FY
Cash and cash equivalents
$78.5M
$21.6M
$6.6M
$4.2M
Marketable securities (Note 2)
$10.9M
$47.2M
$70.6M
$101.2M
Accounts receivable, less allowance for credit losses of $111 and $125, respectively
$11.0M
$12.9M
$12.4M
$10.0M
Inventories (Note 3)
$7.4M
$7.2M
$6.4M
$6.8M
Prepaid expenses and other current assets
$918.0K
$1.3M
$2.8M
$2.8M
Total current assets
$108.7M
$90.3M
$98.8M
$125.0M
Property, plant and equipment, net (Note 3)
$21.8M
$21.6M
$23.5M
$24.3M
Operating right-of-use assets (Note 9)
$256.0K
$308.0K
$95.0K
$150.0K
Goodwill and other intangible assets, net (Note 3)
$9.8M
$9.8M
$9.8M
$9.8M
Other assets
$1.7M
$80.0K
$94.0K
$108.0K
Total assets
$142.2M
$122.1M
$132.3M
$159.3M
Accounts payable
$3.7M
$2.5M
$3.5M
$4.5M
Operating lease liabilities (Note 9)
$44.0K
$40.0K
$53.0K
$53.0K
Accrued liabilities (Note 3)
$1.6M
$1.3M
$2.0M
$1.3M
Income taxes payable (Note 4)
$634.0K
$5.4M
$4.1M
$2.2M
Total current liabilities
$6.0M
$9.3M
$9.7M
$28.6M
Long-term operating lease liabilities (Note 9)
$273.0K
$318.0K
$82.0K
$129.0K
Deferred income taxes (Note 4)
$6.0M
$5.3M
$3.2M
$2.0M
Other liabilities (Note 4)
$39.0K
$71.0K
$1.2M
$1.8M
Total liabilities
$12.3M
$15.0M
$19.4M
$43.4M
Preferred stock, $1 par value per shares-authorized, 500,000 shares; issued, none
$0.00
$0.00
$0.00
$0.00
Common Stock, Par or Stated Value Per Share (in dollars per share)
$0.10
—
—
—
Common stock, $0.10 par value per shares-authorized, 60,000,000 shares; issued, 20,965,144 shares
$2096000.00
$2096000.00
$2096000.00
$2096000.00
Additional paid-in capital
$177.5M
$170.3M
$170.4M
$169.9M
Accumulated deficit
($48.2M)
($49.5M)
($45.4M)
($42.7M)
Accumulated other comprehensive loss
($65.0K)
($665.0K)
($2.3M)
($4.2M)
Stockholders' Equity, Including Treasury Stock
$131.3M
$122.1M
$124.9M
$125.1M
Less treasury stock, at cost, 87,285 and 962,476 shares, respectively
-1.3M
-15.0M
12.0M
9.2M
Total shareholders' equity
$129.9M
$107.2M
$112.9M
$115.9M
Total liabilities and shareholders' equity
$142.2M
$122.1M
$132.3M
$159.3M
Park Aerospace Corp balance sheet, quarters
Line item
Aug 30, 2026
May 31, 2026
Nov 30, 2025
Aug 31, 2025
Cash and cash equivalents
$98.3M
$80.5M
$50.5M
$29.5M
Marketable securities (Note 3)
$16.4M
$8.9M
$13.1M
$32.0M
Accounts receivable, less allowance for credit losses of $119 and $111, respectively
$14.8M
$10.8M
$12.1M
$12.6M
Inventories (Note 4)
$9.0M
$7.8M
$7.6M
$8.1M
Prepaid expenses and other current assets
$1.4M
$1.0M
$1.3M
$1.0M
Total current assets
$139.9M
$109.0M
$84.6M
$83.3M
Property, plant and equipment, net
$21.4M
$21.5M
$21.8M
$21.4M
Operating right-of-use assets (Note 5)
$230.0K
$243.0K
$269.0K
$282.0K
Goodwill and other intangible assets
$9.8M
$9.8M
$9.8M
$9.8M
Other assets
$3.8M
$3.8M
$1.7M
$1.7M
Total assets
$175.1M
$144.4M
$118.1M
$116.4M
Accounts payable
$3.6M
$3.5M
$3.3M
$3.3M
Operating lease liabilities (Note 5)
$46.0K
$45.0K
$43.0K
$42.0K
Accrued liabilities
$1.7M
$1.8M
$1.3M
$1.3M
Income taxes payable
$833.0K
$1.8M
$694.0K
$125.0K
Total current liabilities
$6.2M
$7.1M
$5.3M
$4.7M
Long-term operating lease liabilities (Note 5)
$250.0K
$262.0K
$285.0K
$296.0K
Deferred income taxes (Note 9)
$5.9M
$5.9M
$5.8M
$5.5M
Other liabilities
$40.0K
$40.0K
$77.0K
$75.0K
Total liabilities
$12.4M
$13.4M
$11.5M
$10.7M
Common stock
$2.2M
$2.1M
$2.1M
$2.1M
Additional paid-in capital
$206.7M
$177.6M
$170.0M
$170.1M
Accumulated deficit
($45.5M)
($47.3M)
($49.6M)
($50.0M)
Accumulated other comprehensive loss
($15.0K)
($36.0K)
($101.0K)
($215.0K)
Stockholders' Equity, Including Treasury Stock
$163.4M
$132.3M
$122.4M
$121.9M
Less treasury stock, at cost
($640.0K)
($1.3M)
($15.8M)
($16.1M)
Total shareholders' equity
$162.7M
$131.0M
$106.6M
$105.8M
Total liabilities and shareholders' equity
$175.1M
$144.4M
$118.1M
$116.4M
Cash flow statement
Park Aerospace Corp cash flow statement, fiscal years
Line item
Mar 1, 2026 · FY
Mar 2, 2025 · FY
Mar 3, 2024 · FY
Feb 26, 2023 · FY
Net earnings
$11.3M
$5.9M
$7.5M
$10.7M
Non-cash storm damage charge
$0
$887.0K
—
—
Depreciation and amortization
$1.9M
$1.9M
$1.4M
$1.1M
Stock-based compensation
$401.0K
$402.0K
$529.0K
$369.0K
Allowance for credit losses
$46.0K
$6.0K
$16.0K
$16.0K
Provision for deferred income taxes
$705.0K
$2.1M
$1.2M
$322.0K
Amortization of bond premium
$0
$126.0K
$315.0K
$42.0K
Loss on sale of marketable securities
($50.0K)
$57.0K
$184.0K
—
Gain on sale of fixed assets
$0
($22.0K)
$0
($8.0K)
Accounts receivable
$1.9M
($528.0K)
($2.4M)
($1.7M)
Inventories
($198.0K)
($809.0K)
$364.0K
($2.1M)
Prepaid expenses and other current assets
$426.0K
$1.5M
($5.0K)
$238.0K
Other assets and liabilities
($1.6M)
($1.1M)
($554.0K)
($2.7M)
Accounts payable
$1.2M
($1.0M)
$1.0M
$2.0M
Accrued liabilities
$280.0K
($668.0K)
$640.0K
($148.0K)
Income taxes payable
($4.8M)
($4.0M)
($3.7M)
($1.7M)
Net cash provided by (used in) operating activities
$11.5M
$4.7M
$4.4M
$6.5M
Purchases of property, plant and equipment
($2.0M)
($889.0K)
($645.0K)
($1.0M)
Proceeds from sales of property, plant and equipment
$0
$22.0K
$0
$8.0K
Purchases of marketable securities
($2.4M)
($7.8M)
($7.7M)
($63.3M)
Proceeds from sales and maturities of marketable securities
$39.3M
$32.6M
$39.7M
$57.3M
Net cash provided by investing activities
$34.9M
$24.0M
$31.4M
($7.0M)
Dividends paid
($10.0M)
($10.1M)
($30.6M)
($8.2M)
Proceeds from exercise of stock options
$912.0K
$660.0K
$38.0K
$139.0K
Proceeds from issuance of stock, net of issuance costs
$21.7M
—
—
—
Purchase of treasury stock
($2.2M)
($4.3M)
($2.9M)
$0
Net cash provided by (used in) financing activities
$10.5M
($13.7M)
($33.5M)
($8.0M)
Increase in cash and cash equivalents
$56.9M
$15.1M
$2.3M
($8.6M)
Cash and cash equivalents, beginning of year
$21.6M
$6.6M
$4.2M
$12.8M
Cash and cash equivalents, end of year
$78.5M
$21.6M
$6.6M
$4.2M
Addition to operating right-of-use asset from new operating lease liability
$0
$267.0K
—
—
Park Aerospace Corp cash flow statement, quarters
Line item
Aug 30, 2026 · YTD
May 31, 2026 · Q1
Nov 30, 2025 · YTD
Aug 31, 2025 · YTD
Net earnings
$8.1M
$3.5M
$7.4M
$4.5M
Depreciation and amortization
$938.0K
$469.0K
$1.4M
$911.0K
Stock-based compensation
$176.0K
$92.0K
$294.0K
$189.0K
Allowance for credit losses
$8.0K
$4.0K
$19.0K
$8.0K
Deferred income taxes
($100.0K)
($83.0K)
$498.0K
$237.0K
Amortization of bond premium
($41.0K)
($12.0K)
$15.0K
$8.0K
Loss on sale of marketable securities
$0
—
($50.0K)
($50.0K)
Changes in operating assets and liabilities
($7.8M)
($1.3M)
($5.1M)
($6.4M)
Net cash provided by operating activities
$1.3M
$2.7M
$4.6M
($527.0K)
Purchases of property, plant and equipment
($469.0K)
($113.0K)
($1.5M)
($664.0K)
Purchases of marketable securities
($9.9M)
$0
($2.4M)
($2.4M)
Proceeds from sales and maturities of marketable securities
$4.5M
$2.0M
$37.1M
$18.0M
Net cash provided by investing activities
($5.9M)
$1.9M
$33.1M
$14.9M
Dividends paid
($5.3M)
($2.6M)
($7.5M)
($5.0M)
Proceeds from exercise of stock options
$3.6M
$0
$780.0K
$664.0K
Proceeds from issuance of stock, net of issuance costs
$26.3M
—
—
—
Purchase of treasury stock
$0
$0
($2.2M)
($2.2M)
Net cash used in financing activities
$24.5M
($2.6M)
($8.9M)
($6.5M)
Increase (decrease) in cash and cash equivalents
$19.8M
$2.0M
$28.9M
$7.9M
Cash and cash equivalents, beginning of period
$78.5M
$78.5M
$21.6M
$21.6M
Cash and cash equivalents, end of period
$98.3M
$80.5M
$50.5M
$29.5M
Cash paid during the period for income taxes, net of refunds