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Applied Aerospace & Defense Reports 48.6% Revenue Growth to $182.1 Million in Q3 but Shares Fall on 2026 Guidance

Applied Aerospace & Defense (AADX) reported Q3 2026 revenue of $182.1M, up 48.6% YoY, beating estimates. Adjusted EBITDA rose 37.4% to $39.7M. Shares fell 10% premarket as full-year guidance of $660M-$670M missed expectations. The company's backlog stands at $1.26B.

Original reporting
finance.yahoo.com
Published Nov 11, 2026, 1:31 PM UTC
Analysis
AlphAI AI DeskAI-generated
Added to AlphAI Nov 11, 2026, 2:08 PM UTC. Informational, not investment advice.
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Applied Aerospace & Defense Reports 48.6% Revenue Growth to $182.1 Million in Q3 but Shares Fall on 2026 Guidance — source image
Source · finance.yahoo.com
Decision brief

The 30-second read

$AADXBearishHigh
01

Why it matters

The guidance shortfall is the primary driver of the stock's immediate sell‑off, outweighing the positive quarterly growth.

02

Market read

First‑report earnings and guidance for a micro‑cap defense supplier; immediate price impact expected.

03

What to watch

Acquisition‑driven organic growth and expanding backlog may support longer‑term upside despite short‑term miss.

Relevance 7/10Novelty 8/10Timing: premarket today

Background

Applied Aerospace & Defense reported Q3 results with strong revenue growth but issued full‑year guidance below analyst expectations, leading to a share decline.

Company-level read

Ticker impact

$AADXBearishHigh confidence
Context

Q3 2026 earnings released with 48.6% revenue growth but full-year revenue guidance below consensus, causing a 10% pre‑market share drop.

Expected impact

likely further downside as investors price in lower revenue outlook

Evidence & confidence

Guidance $660‑670M vs $682.4M consensus triggered a 10% pre‑market decline; no offsetting positive catalyst.

Market effects

Sector

Aerospace and defense peers may see modest pressure as guidance shortfall signals broader demand concerns.

Regional

U.S. defense sector indices could dip slightly in early trade.

Global

Limited to investors tracking U.S. defense manufacturers.

Counterpoint

What could challenge this read

If backlog of $1.26B translates into strong future bookings, the guidance miss may be temporary and price could rebound.

Key entities

  • company
    Applied Aerospace & Defense, Inc.

    U.S. aerospace and defense manufacturer (ticker AADX).

  • executive
    Trip Ferguson

    CEO who commented on broad‑based demand.

Read at source← All news

StoryApplied Aerospace posts strong Q3 but outlook misses estimates

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