TAT Technologies Ltd. income statement TATT

Annual Quarterly

In fiscal 2025, which ended Dec 31, 2025, TAT Technologies Ltd. reported revenue of $178.0 million, up 17.0% from the year before. Net income was $16.8 million, a profit margin of 9.4%. Operating income came to $18.8 million, an operating margin of 10.6%. Diluted earnings per share were $1.37. Across the 10 fiscal years shown, revenue grew from $95.8 million in fiscal 2016 to $178.0 million in fiscal 2025, about 7.1% a year.

USD in millions, except per-share amounts and margins. The percent under a figure is the change from the year before.

Line	FY 2025 Dec 31, 2025	FY 2024 Dec 31, 2024	FY 2023 Dec 31, 2023	FY 2022 Dec 31, 2022	FY 2021 Dec 31, 2021	FY 2020 Dec 31, 2020	FY 2019 Dec 31, 2019	FY 2018 Dec 31, 2018	FY 2017 Dec 31, 2017	FY 2016 Dec 31, 2016
Revenue	178 +17.0%	152 +33.7%	114 +34.6%	85 +8.4%	78 +3.5%	75 -22.7%	97 +11.1%	88 -17.7%	107 +11.2%	96 +11.9%
Cost of revenue	134 +12.4%	119 +30.4%	91 +33.1%	69 +2.9%	67 -0.3%	67 -18.6%	82 +3.0%	80 -7.3%	86 +12.2%	77 +6.7%
Gross profit	44 +33.6%	33 +46.9%	22 +41.1%	16 +41.3%	11 +33.6%	8 -44.9%	15 +92.6%	8 -61.1%	20 +7.4%	19 +39.3%
Research and development	1 +10.9%	1 +74.5%	1 +49.3%	0 -7.4%	1 +179.5%	0 +63.7%	0 -75.3%	0 -37.3%	1 -35.9%	1 +28.1%
Selling, general and administrative	24 +23.7%	20 +21.9%	16 +3.3%	16 +15.5%	14 +12.7%	12 -4.8%	13 -0.6%	13 -12.0%	14 +3.5%	14 +22.2%
Other operating income (expense)	0 +5.5%	0 -11.5%	0 +381.1%	0 -80.8%	0 +248.6%	-0 -7975.0%	—	0 +107.5%	-0 -138.4%	0 +121.9%
Operating expenses	25 +23.3%	21 +25.1%	16 -7.4%	—	—	12 -1.7%	13 -3.2%	13 -13.6%	15 +1.8%	15
Operating income	19 +50.5%	13 +105.8%	6 +442.3%	-2 +56.0%	-4 +0.3%	-4 -255.4%	3 +150.4%	-5 -197.9%	5 +27.6%	4 -26.2%
Interest expense	1 -31.4%	1 -12.5%	2	—	—	—	—	—	—	—
Other non-operating income (expense)	-0 +31.9%	-0 -235.1%	0 -65.7%	1	—	—	—	—	—	—
Pretax income	17 +65.6%	11 +122.4%	5 +387.9%	-2 +58.7%	-4 -14.5%	-3 -259.7%	2 +141.5%	-5 -206.3%	5 +24.0%	4 -24.2%
Equity in earnings of affiliates	1 +83.9%	1 +60.8%	1 +173.4%	0 +342.1%	-0 +58.9%	-0 -40.2%	-0 +5.7%	-0 +33.3%	-0 -281.8%	-0 -104.4%
Income tax	2 +999.0%	0 -66.1%	1 +487.8%	0 +114.8%	-1 +56.4%	-2 -357.6%	1 +140.2%	-1 -162.8%	2 -39.6%	4 +500.2%
Net income	17 +50.6%	11 +139.0%	5 +399.1%	-2 +56.1%	-4 +33.2%	-5	—	—	—	—
Basic EPS	1.39 +28.7%	1.08 +107.7%	0.52 +397.1%	-0.17	—	—	—	—	—	—
Diluted EPS	1.37 +37.0%	1.00 +96.1%	0.51 +391.4%	-0.17	—	—	—	—	—	—
Weighted average shares, basic	12 +16.5%	10 +15.6%	9 +0.6%	9 +0.4%	9 +0.0%	9 +0.0%	9 +0.1%	9 +0.2%	9 +0.2%	9 +0.2%
Weighted average shares, diluted	12 +9.5%	11 +23.5%	9 +1.9%	9 +0.4%	9 +0.0%	9 +0.0%	9 +0.1%	9 -0.5%	9 +0.9%	9 +0.2%
Other measures
Depreciation and amortization	5 -6.5%	5 +15.8%	5 +27.1%	4 -24.1%	5 +20.1%	4 -5.3%	4 +5.6%	4 +3.1%	4 +8.4%	4 +30.7%
EBITDA	24 +33.2%	18 +66.5%	11 +458.5%	2 +128.3%	1 +4352.6%	0 -99.7%	7 +727.5%	-1 -111.9%	9 +18.6%	8 -7.3%
Interest coverage	18.63x	8.49x	3.61x	—	—	—	—	—	—	—
Margins
Gross margin	24.77%	21.70%	19.74%	18.84%	14.45%	11.19%	15.70%	9.06%	19.19%	19.87%
Operating margin	10.57%	8.22%	5.34%	-2.10%	-5.17%	-5.37%	2.67%	-5.89%	4.95%	4.32%
Pretax margin	9.82%	6.94%	4.17%	-1.95%	-5.12%	-4.62%	2.24%	-5.99%	4.64%	4.16%
Profit margin	9.45%	7.34%	4.11%	-1.85%	-4.57%	-7.07%	—	—	—	—
EBITDA margin	13.43%	11.80%	9.48%	2.28%	1.08%	0.03%	7.07%	-1.25%	8.65%	8.11%
Effective tax rate	12.26%	1.85%	12.14%	—	—	—	26.99%	—	47.24%	97.06%

How these figures are calculated

Annual columns are full-year amounts from the annual report (Form 10-K, 20-F, or 40-F). If a company restates a year, the latest filed number is shown. USD in millions, except per-share amounts and margins. Weighted average shares are in millions. Interest expense and finance costs are positive costs. A negative amount on a gain (loss) or income (expense) line is a loss or an expense. EBITDA is operating income plus depreciation and amortization. Interest coverage is operating income divided by interest expense. More on our methodology.

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Company profile

Industry: Aircraft Engines & Engine Parts (SIC 3724)
Listed as: TATT (Nasdaq)
Fiscal year ends: December 31
Headquarters: Gedera
SEC filer status: Accelerated filer
SEC CIK: 808439

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Source: SEC EDGAR filings. This is company-reported data, not investment advice.