Form 8-K
8-K — AstroNova, Inc.
Accession: 0001193125-26-260672
Filed: 2026-06-08
Period: 2026-06-08
CIK: 0000008146
SIC: 3577 (COMPUTER PERIPHERAL EQUIPMENT, NEC)
Item: Results of Operations and Financial Condition
Item: Financial Statements and Exhibits
Documents
8-K — d36739d8k.htm (Primary)
EX-99.1 (d36739dex991.htm)
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8-K
8-K (Primary)
Filename: d36739d8k.htm · Sequence: 1
8-K
false 0000008146 0000008146 2026-06-08 2026-06-08
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 OR 15(d)
of The Securities Exchange Act of 1934
Date of report (Date of earliest event reported): June 8, 2026
ASTRONOVA, INC.
(Exact name of registrant as specified in its charter)
Rhode Island
0-13200
05-0318215
(State or other jurisdiction
(Commission
(I.R.S. Employer
of incorporation)
File Number)
Identification No.)
600 East Greenwich Avenue
West Warwick, RI 02893
(Address of principal executive offices) (Zip Code)
(401) 828-4000
Registrant’s telephone number, including area code
Not applicable
(Former name or former address, if changed since last report.)
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):
☐
Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
☐
Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
☐
Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
☐
Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
Securities registered pursuant to Section 12(b) of the Act:
Title of Each Class
Trading
Symbol(s)
Name of Each Exchange
on which Registered
Common Stock, $0.05 Par Value
ALOT
NASDAQ Global Market
Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).
Emerging growth company ☐
If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐
Item 2.02
Results of Operations and Financial Condition.
On June 8, 2026, we issued a press release reporting the financial results for our fiscal first quarter ended April 30, 2026. A copy of the press release is attached hereto as Exhibit 99.1 and is incorporated herein by reference.
The information contained in Item 2.02 of this report and Exhibit 99.1 attached hereto shall not be deemed “filed” for purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the “Exchange Act”), or otherwise subject to the liabilities of that section, nor shall it be deemed incorporated by reference in any filing under the Securities Act of 1933, as amended, or the Exchange Act, except as expressly set forth by specific reference in such a filing.
Item 9.01
Financial Statement and Exhibits.
(d)
Exhibits
Exhibit No.
Exhibit
99.1
Press Release dated June 8, 2026
104
Cover Page Interactive Data File (embedded within the Inline XBRL document)
2
SIGNATURE
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
ASTRONOVA, INC.
Dated: June 8, 2026
By:
/s/ Thomas D. DeByle
Thomas D. DeByle
Vice President, Chief Financial Officer and Treasurer
EX-99.1
EX-99.1
Filename: d36739dex991.htm · Sequence: 2
EX-99.1
Exhibit 99.1
FOR IMMEDIATE
RELEASE
AstroNova Reports 4.4% Growth in Sales for First Quarter Fiscal 2027
•
Revenue increased $1.7 million to $39.4 million driven by Aerospace
sales growth of 16.3%
•
Consolidated operating profit grew to $1.6 million and operating margin expanded 250 bps to
4.0%
•
Net income increased $1.0 million year-over-year to $0.7 million, or
$0.08 per diluted share, compared with prior-year loss; Adjusted EBITDA increased 31.0% to $4.1 million
•
Total orders in the quarter were up 32.6% to $46.3 million for a book-to-bill ratio of 118%
•
Total debt of $35.9 million was reduced by $8.8 million compared with
the first quarter of fiscal 2026 and $1.7 million compared with the fourth quarter of fiscal 2026; net debt of $31.2 million was down $2.3 million in the quarter compared with the fourth
quarter of fiscal 2026
West Warwick, R.I., June 8, 2026 – AstroNova, Inc. (Nasdaq: ALOT), a
leading innovator in specialized print technology solutions, today announced financial results for its fiscal 2027 first quarter ended April 30, 2026.
Jorik Ittmann, President and Chief Executive Officer of AstroNova, stated, “We had a solid start to fiscal 2027, with revenue increasing over 4% while
operating profit grew over 170%. Our ToughWriter® branded flight deck printer is now the predominant product sold by our Aerospace segment. As a result, we had higher volume combined with
improved pricing which drove profitability for that segment. In addition, our Product ID progress continues to strengthen its sales, marketing and operations with upgraded talent and an ever more sophisticated, customer-centric approach to the
business. We are encouraged by our momentum and remain confident in the outlook for a strong year.”
First Quarter Fiscal 2027 Overview1 (comparisons are to the prior-year period unless noted otherwise)
Three Months Ended
April 30,
2026
April 30,
2025
$
Variance
%
Variance
Revenue
$
39,364
$
37,708
$
1,656
4.4
%
Gross Profit
$
14,425
$
11,951
$
2,474
20.7
%
Gross Profit Margin
36.6
%
31.7
%
Non-GAAP Gross Profit
$
14,552
$
12,352
$
2,200
17.8
%
Non-GAAP Adjusted Gross Profit Margin
36.9
%
32.8
%
Operating Income (Loss)
$
1,562
$
571
$
991
173.7
%
Operating Margin
4.0
%
1.5
%
Non-GAAP Operating Income
$
2,589
$
1,527
$
1,062
69.5
%
Non-GAAP Operating Income Margin
6.6
%
4.0
%
Net Income (Loss)
$
653
$
(376
)
$
1,029
(273.5
)%
Non-GAAP Net Income (Loss)
$
1,443
$
354
$
1,089
307.8
%
Adjusted EBITDA
$
4,122
$
3,148
$
974
30.9
%
Adjusted EBITDA Margin
10.5
%
8.3
%
1
Non-GAAP gross profit,
Non-GAAP gross profit margin, Non-GAAP operating income, Non-GAAP operating income margin,
Non-GAAP net income, adjusted EBITDA and adjusted EBITDA margin are Non-GAAP financial measures. Refer to the reconciliation of GAAP to
non-GAAP measures in the tables that accompany this news release.
-MORE-
AstroNova Inc. | 600 East Greenwich Avenue | West Warwick, RI 02893 | 401.828.4000
AstroNova Reports 4.4% Growth in Sales for First Quarter Fiscal 2027
June 8, 2026
Page
2
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Compared with the prior-year period, revenue increased $1.7 million, or 4.4%, driven by Aerospace
segment growth that was marginally offset by a slight decline in Product ID revenue. Tariff mitigation contributed $0.7 million in revenue and foreign currency translation was a $0.6 million benefit to revenue in the quarter.
Gross profit increased $2.5 million, or 20.7%, and gross margin expanded 490 basis points to 36.6% primarily reflecting higher Aerospace volume and
favorable mix. On an adjusted basis, excluding restructuring charges of $0.4 million and a $0.3 million net inventory reserve reversal, gross margin expanded 410 basis points from the prior-year to 36.9%.
Operating expenses in the quarter of $12.9 million included $0.7 million of non-recurring legal and
professional fees. Higher gross profit combined with cost containment initiatives resulted in operating income increasing $1.0 million to $1.6 million in the quarter while operating margin expanded 250 basis points. Excluding non-recurring items, non-GAAP operating income increased 69.5% to $2.6 million compared with the prior-year period.
Interest expense of $0.7 million decreased $0.2 million from the prior-year period, reflecting lower outstanding debt. Net income grew to
$0.7 million, or $0.08 per diluted share, compared with a net loss in the prior-year period. Non-GAAP net income increased to $1.4 million, or $0.19 per share, as a result of the improved performance
in the quarter. Adjusted EBITDA was $4.1 million and Adjusted EBITDA margin was 10.5%.
Aerospace Segment Review
Aerospace segment revenue grew $1.9 million, or 16.3%, to $13.3 million compared with the prior year. Growth was driven by higher hardware volume and
favorable product mix as commercial OEM production rates continued to increase. Aerospace hardware revenue grew 37.9% to $9.0 million year-over-year reflecting continued conversion to the
ToughWriter® platform.
Aerospace segment operating profit increased $1.9 million, or 96%,
to $3.9 million driven by improved volume and pricing. Non-GAAP segment operating income was $3.4 million, or 25.6% of revenue, compared with $2.2 million in the prior-year period.
Orders in the quarter for the Aerospace segment increased 125.1% to $19.5 million for a
book-to-bill ratio of 147% reflecting strong demand from OEMs for new build aircraft. Backlog at the end of the first quarter was $18.2 million, an increase of
$6.2 million from the end of fiscal 2026 and more than double the $7.4 million at the end of the prior-year period.
Product Identification
(Product ID) Segment Review
Product ID revenue was $26.1 million for the first quarter of fiscal 2027, down 0.8%, or $0.2 million, compared
with the prior year. Hardware revenue increased modestly on new customer acquisition while recurring revenue was down $0.2 million. Recurring revenue represented approximately 82% of total segment sales. The year-over-year decline in direct-to-package revenue reflects the planned migration from legacy Trojan-platform products to MTEX-based solutions that the Company expects to begin to ramp in the second
quarter of fiscal 2027.
Product ID segment operating income was $0.6 million, double over the prior-year period, reflecting improving productivity,
better cost control and favorable aftermarket mix. Non-GAAP segment operating income was $1.3 million, or 4.8% of revenue, compared with $1.0 million in the prior-year period.
AstroNova Reports 4.4% Growth in Sales for First Quarter Fiscal 2027
June 8, 2026
Page
3
of 16
Orders in the quarter for the Product ID segment increased $0.5 million, or 2.1%, to $26.8 million
compared with the prior-year period. The book-to-bill ratio for the segment was 103% and backlog at the end of the first quarter was $14.2 million.
Balance Sheet and Cash Flow
Cash from operations in the
first quarter of fiscal 2027 was $3.0 million compared with $4.4 million in the prior year period as stronger cash earnings were offset by higher working capital requirements due to timing of receivables from customers and inventory
requirements to support growth.
Capital expenditures in the quarter were $36 thousand compared with $60 thousand in the prior year.
Cash at the end of the first quarter of fiscal 2027 was $4.7 million compared with $4.1 million at the end of fiscal 2026. Net debt as of
April 30, 2026, was $31.2 million, a reduction of $2.3 million, or 6.9%, compared with the end of the fourth quarter of fiscal 2026.
Earnings Conference Call Information
AstroNova will host
a conference call and webcast at 8:15 a.m. ET on Monday, June 8, 2026, to review financial and operating results for the first quarter of fiscal 2027. A question and answer session will follow.
To access the conference call, please dial (201) 689-8560 or find the webcast and accompanying slide presentation at
https://investors.astronovainc.com/investors/events-and-presentations/default.aspx.
A telephonic replay will be available from 12:00 p.m. ET on the day of the call through Monday, June 22, 2026. To listen to the archived call, dial (412)
317-6671 and enter a replay PIN 13760545. The webcast replay will be available on the Investor Relations section of the Company’s website where a transcript will be posted once available.
About AstroNova, Inc.
AstroNova (Nasdaq: ALOT) is a
global provider of printing technologies serving regulated and industrial markets. The Company designs, manufactures, distributes, and services solutions that enable customers to identify, track, and communicate essential product and safety
information across a wide range of applications and media. AstroNova supports customers by enabling safety, accuracy and durability for flight deck communications, medical device and healthcare products, essential chemical products, and
mission-critical industrial components, while ensuring compliance with local and regional regulatory requirements.
The Product Identification segment
delivers end-to-end marking and identification solutions, including hardware, software, and consumables for OEMs, commercial printers, and brand owners. These solutions
are used across labels, flexible packaging, corrugated, and industrial substrates, where durability, traceability, and compliance are essential. The Aerospace segment is a global leader in providing products designed for airborne printing solutions,
avionics, and data acquisition, including flight deck printing solutions, networking hardware, and specialized aerospace-grade supplies. For more information please visit: www.astronovainc.com.
Use of Non-GAAP Financial Measures
In addition to financial measures prepared in accordance with generally accepted accounting principles (GAAP), this news release contains the Non-GAAP financial measures: Non-GAAP gross profit, Non-GAAP gross profit margin, Non-GAAP
operating expenses, Non-GAAP operating income, Non-GAAP operating income margin, Non-GAAP net income (loss), Non-GAAP net income per Common Share—diluted, Non-GAAP segment gross profit, Non-GAAP segment gross profit margin, Non-GAAP segment operating income,
AstroNova Reports 4.4% Growth in Sales for First Quarter Fiscal 2027
June 8, 2026
Page
4
of 16
Non-GAAP segment operating margin, Adjusted EBITDA and Adjusted EBITDA Margin. AstroNova believes that the inclusion of these Non-GAAP financial measures helps investors gain a meaningful understanding of changes in the Company’s core operating results and can help investors who wish to make comparisons between AstroNova and other
companies on both a GAAP and a Non-GAAP basis. AstroNova’s management uses these Non-GAAP financial measures, in addition to GAAP financial measures, as the basis
for measuring its core operating performance and comparing such performance to that of prior periods and to the performance of its competitors. These measures are also used by the Company’s management to assist with their financial and
operating decision-making. Please refer to the financial reconciliation table included in this news release for a reconciliation of the Non-GAAP measures to the most directly comparable GAAP measures for the
three months ended April 30, 2026 and 2025.
Forward-Looking Statements
Information included in this news release may contain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995.
Forward-looking statements are not statements of historical fact but rather reflect our current expectations concerning future events and results. These statements may include the use of the words “believes,” “expects,”
“intends,” “plans,” “anticipates,” “likely,” “continues,” “may,” “will,” and similar expressions to identify forward-looking statements. Such forward-looking
statements, including those concerning the Company’s anticipated performance, involve risks, uncertainties and other factors, some of which are beyond our control, which may cause our actual results, performance or achievements to be
materially different from those expressed or implied by such forward-looking statements. These risks, uncertainties and factors include, but are not limited to, (i) the risk that our efforts to improve sales in our Product Identification
segment may not result in the benefits we expect, (ii) the risk that our Aerospace customers may not continue to convert to our ToughWriter® printer in the volumes or on the schedule that
we expect; (iii) the risk that we may not realize the anticipated benefits of our next-generation print engine technology; and (iv) those factors set forth in the Company’s Annual Report on Form
10-K for the fiscal year ended January 31, 2026 and subsequent filings AstroNova makes with the Securities and Exchange Commission. The Company undertakes no obligation to publicly update or revise any
forward-looking statements, whether as a result of new information, future events or otherwise. The reader is cautioned not to unduly rely on such forward-looking statements when evaluating the information presented in this news release.
Contact:
Deborah Pawlowski, IRC, Alliance Advisors
Email: dpawlowski@allianceadvisors.com
Phone:
716.843.3908
AstroNova Reports 4.4% Growth in Sales for First Quarter Fiscal 2027
June 8, 2026
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ASTRONOVA, INC.
Condensed Consolidated Statements of Income (Loss)
In Thousands Except for Per Share Data
(Unaudited)
Three Months Ended
April 30,
2026
April 30,
2025
$ Variance
%
Variance
Revenue
$
39,364
$
37,708
$
1,656
4.4
%
Cost of Revenue
24,939
25,757
(818
)
(3.2
)%
Gross Profit
14,425
11,951
2,474
20.7
%
Total Gross Profit Margin
36.6
%
31.7
%
Operating Expenses:
Selling & Marketing
5,692
5,605
87
1.6
%
Research & Development
1,809
1,529
280
18.3
%
General & Administrative
5,363
4,246
1,117
26.3
%
Total Operating Expenses
12,864
11,380
1,484
13.0
%
Operating Income
1,562
571
991
173.7
%
Total Operating Margin
4.0
%
1.5
%
Interest Expense
675
897
(222
)
(24.7
)%
Other (Income)/Expense, net
38
(25
)
63
(250.0
)%
Income (Loss) Before Taxes
849
(301
)
1,150
(381.7
)%
Income Tax Provision
196
75
121
161.3
%
Net Income (Loss)
$
653
$
(376
)
$
1,029
(273.5
)%
Net Income (Loss) per Common Share - Basic
$
0.09
$
(0.05
)
Net Income (Loss) per Common Share - Diluted
$
0.08
$
(0.05
)
Weighted Average Number of Common Shares - Basic
7,678
7,560
Weighted Average Number of Common Shares - Diluted
7,774
7,560
AstroNova Reports 4.4% Growth in Sales for First Quarter Fiscal 2027
June 8, 2026
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6
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ASTRONOVA, INC.
Condensed Consolidated Balance Sheets
In Thousands
(Unaudited)
April 30,
2026
Jan 31,
2026
ASSETS
CURRENT ASSETS
Cash and Cash Equivalents
$
4,675
$
4,072
Accounts Receivable, net
21,627
18,985
Inventories, net
43,926
43,252
Prepaid Expenses and Other Current Assets
4,425
4,395
Total Current Assets
74,653
70,704
PROPERTY, PLANT AND EQUIPMENT
40,364
40,400
Less Accumulated Depreciation
(26,718
)
(26,272
)
Property, Plant and Equipment, net
13,646
14,128
OTHER ASSETS
Identifiable Intangibles, net
20,684
21,496
Goodwill
17,244
17,376
Deferred Tax Assets, net
9,780
9,831
Right of Use Asset
2,307
2,466
Other Assets
1,542
1,565
TOTAL ASSETS
$
139,856
$
137,566
LIABILITIES AND SHAREHOLDERS’ EQUITY
CURRENT LIABILITIES
Accounts Payable
$
7,601
$
6,806
Accrued Compensation
4,673
4,390
Other Accrued Expenses
7,564
4,702
Revolving Line of Credit
15,398
16,273
Current Portion of Long-Term Debt
4,272
3,033
Current Liability – Royalty Obligation
1,233
1,656
Current Liability – Excess Royalty Payment Due
194
331
Income Taxes Payable
1,036
691
Deferred Revenue
393
489
Total Current Liabilities
42,364
38,371
NON-CURRENT LIABILITIES
Long-Term Debt, net of current portion
16,234
18,295
Lease Liabilities, net of current portion
1,784
1,953
Grant Deferred Revenue
926
899
Royalty Obligation, net of current portion
160
145
Income Tax Payables
800
800
Other Long-Term Liability
66
241
TOTAL LIABILITIES
62,334
60,704
SHAREHOLDERS’ EQUITY
Common Stock
558
554
Additional Paid-in Capital
66,889
66,329
Retained Earnings
47,657
47,004
Treasury Stock
(35,418
)
(35,227
)
Accumulated Other Comprehensive Loss, net of tax
(2,164
)
(1,798
)
TOTAL SHAREHOLDERS’ EQUITY
77,522
76,862
TOTAL LIABILITIES AND SHAREHOLDERS’ EQUITY
$
139,856
$
137,566
AstroNova Reports 4.4% Growth in Sales for First Quarter Fiscal 2027
June 8, 2026
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ASTRONOVA, INC.
Condensed Consolidated Statements of Cash Flows
(In Thousands)
(Unaudited)
Three Months Ended
April 30, 2026
April 30, 2025
Cash Flows from Operating Activities:
Net Income (Loss)
$
653
$
(376
)
Adjustments to Reconcile Net Income (Loss) to Net Cash Provided by Operating Activities:
Depreciation and Amortization
1,182
1,290
Grant Income Included in Depreciation
69
56
Amortization of Debt Issuance Costs
10
8
Share-Based Compensation
389
306
Deferred Income Tax Provision (Benefit)
37
(52
)
Changes in Assets and Liabilities:
Accounts Receivable
(2,691
)
210
Inventories
(766
)
(2,704
)
Income Taxes
146
172
Accounts Payable and Accrued Expenses
3,902
3,622
Deferred Revenue
(73
)
1,041
Other
163
822
Net Cash Provided by Operating Activities
3,021
4,395
Cash Flows from Investing Activities:
Purchases of Property, Plant and Equipment
(36
)
(60
)
Net Cash Used for Investing Activities
(36
)
(60
)
Cash Flows from Financing Activities:
Net Cash Proceeds from Share Purchases under Employee Stock Purchase Plan
—
51
Net Cash Used for Payment of Taxes Related to Vested Restricted Stock
(191
)
(155
)
Revolving Credit Facility, net
(824
)
(2,872
)
Payment of Minimum Guarantee Royalty Obligation
(423
)
(428
)
Principal Payments of Long-Term Debt
(809
)
(826
)
Net Cash Provided by (Used for) Financing Activities
(2,247
)
(4,230
)
Effect of Exchange Rate Changes on Cash and Cash Equivalents
(135
)
198
Net Increase in Cash and Cash Equivalents
602
303
Cash and Cash Equivalents, Beginning of Period
4,072
5,050
Cash and Cash Equivalents, End of Period
$
4,675
$
5,353
Supplemental Information:
Cash Paid (Received) During the Period for:
Interest
$
652
$
770
Income Taxes, net of refunds
$
50
$
(100
)
Non-Cash Transactions:
Operating Lease Obtained in Exchange for Operating Lease Liabilities
$
—
$
936
AstroNova Reports 4.4% Growth in Sales for First Quarter Fiscal 2027
June 8, 2026
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ASTRONOVA, INC.
Segment Sales and Profit
(Unaudited, $ in thousands)
Three Months
Ended
($ in thousands)
April 30,
2026
April 30,
2025
Revenue:
Product ID
$
26,089
$
26,289
Aerospace
13,275
11,419
Total Revenue
$
39,364
$
37,708
Gross Profit:
Product ID
$
8,403
$
8,233
Aerospace
6,022
3,718
Gross Profit
$
14,425
$
11,951
Gross Profit Margin:
Product ID
32.2
%
31.3
%
Aerospace
45.4
%
32.6
%
Gross Profit Margin
36.6
%
31.7
%
Segment Operating Income:
Product ID
$
566
$
260
Aerospace
3,878
1,979
Total Segment Operating Income
$
4,444
$
2,239
Segment Operating Margin:
Product ID
2.2
%
1.0
%
Aerospace
29.2
%
17.3
%
Total Segment Operating Margin
11.3
%
5.9
%
Corporate Expense
(2,882
)
(1,668
)
Operating Income (Loss)
$
1,562
$
571
Interest Expense
675
897
Other (Income)/Expense, net
38
(25
)
Income (Loss) Before Income Taxes
$
849
$
(301
)
Income Tax Provision (Benefit)
196
75
Net Income (Loss)
$
653
$
(376
)
AstroNova Reports 4.4% Growth in Sales for First Quarter Fiscal 2027
June 8, 2026
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ASTRONOVA, INC.
Segment Sales and Non-GAAP Profit
(Unaudited, $ in thousands)
Three Months
Ended
($ in thousands)
April 30,
2026
April 30,
2025
Revenue:
Product ID
$
26,089
$
26,289
Aerospace
13,275
11,419
Total Revenue
$
39,364
$
37,708
Gross Profit:
Product ID
$
9,023
$
8,465
Aerospace
5,527
3,887
Non-GAAP Gross Profit
$
14,550
$
12,352
Gross Profit Margin:
Product ID
34.6
%
32.2
%
Aerospace
41.6
%
34.0
%
Non-GAAP Gross Profit Margin
36.9
%
32.8
%
Segment Operating Income:
Product ID
$
1,263
$
995
Aerospace
3,393
2,150
Total Non-GAAP Segment Operating Income
$
4,656
$
3,145
Segment Operating Margin:
Product ID
4.8
%
3.8
%
Aerospace
25.6
%
18.8
%
Total Non-GAAP Segment Operating Margin
11.8
%
8.3
%
Corporate Expense
(2,067
)
(1,620
)
Non-GAAP Operating Income
$
2,589
$
1,527
Interest Expense
$
675
$
897
Other (Income)/Expense, net
38
(25
)
Income Before Income Taxes
$
1,876
$
655
Adjusted Income Tax Provision (Benefit)
433
301
Non-GAAP Net Income
$
1,443
$
354
AstroNova Reports 4.4% Growth in Sales for First Quarter Fiscal 2027
June 8, 2026
Page
10
of 16
ASTRONOVA, INC.
Revenue by Market
(in
thousands)
(unaudited)
Product ID:
Q1 FY26
Q2 FY26
Q3 FY26
Q4 FY26
FY2026
Q1 FY27
YTD FY2027
Desktop Label Printers
$
15,478
$
15,190
$
16,115
15,041
61,824
$
15,466
15,466
Mail & Sheet/Flat Pack Printers
4,050
3,740
4,280
4,138
16,208
4,095
4,095
Professional Label Printers
3,247
3,506
3,636
3,863
14,252
3,503
3,503
Direct to Package/Overprint Printers
3,396
2,230
2,371
2,579
10,576
2,248
2,248
Flexible Packaging Printers
30
69
79
38
216
47
47
Other
88
19
368
670
1,145
731
731
TOTAL
$
26,289
$
24,754
$
26,849
26,329
104,221
$
26,089
26,089
Aerospace:
Q1 FY26*
Q2 FY26
Q3 FY26
Q4 FY26
FY2026
Q1 FY27
YTD FY2027
Commercial Aircraft
$
4,953
$
4,714
$
5,764
$
5,030
$
20,461
$
7,247
$
7,247
Aftermarket
4,911
4,953
4,955
4,831
19,650
4,275
4,275
Defense
811
1,047
766
885
3,509
754
754
Regional and Biz Jet Aircraft
396
431
634
195
1,656
564
564
Other
348
203
201
266
1,018
435
435
TOTAL
$
11,419
$
11,348
$
12,320
$
11,207
$
46,294
$
13,275
$
13,275
Consolidated Total
$
37,708
$
36,102
$
39,169
37,536
150,515
$
39,364
39,364
*
Q1 fiscal 2026 revenue by market has been revised from amount previously reported in our Q1 fiscal 2026 press
release issued on June 5, 2025, to correct a classification error between market categories. Total Q1 2026 fiscal sales were unaffected.
ASTRONOVA, INC.
Revenue
by Type
(Unaudited, $ in thousands)
Q1 FY26
Q2 FY26
Q3 FY26
Q4 FY26
FY 2026
Q1 FY27
YTD FY2027
Product ID
Product ID HW
$
4,776
$
4,511
$
5,357
$
5,332
$
19,976
$
4,783
$
4,783
Product ID Recurring Supplies, Parts & Service
21,513
20,243
21,492
20,997
84,245
21,306
21,306
Total Product ID
$
26,289
$
24,754
$
26,849
$
26,329
$
104,221
$
26,089
$
26,089
Aerospace
Aerospace HW
$
6,519
$
6,425
$
7,360
$
6,369
$
26,672
$
8,992
$
8,992
Aerospace Recurring Supplies, Parts & Service
4,900
4,923
4,960
4,838
19,622
4,283
4,283
Total Aerospace
$
11,419
$
11,348
$
12,320
$
11,207
$
46,294
$
13,275
$
13,275
Consolidated
AstroNova HW
$
11,295
$
10,936
$
12,717
$
11,701
$
46,648
$
13,775
$
13,775
AstroNova Recurring Supplies, Parts & Service
26,413
25,166
26,452
25,835
103,867
25,589
25,589
TOTAL
$
37,708
$
36,102
$
39,169
$
37,536
$
150,515
$
39,364
$
39,363
AstroNova Reports 4.4% Growth in Sales for First Quarter Fiscal 2027
June 8, 2026
Page
11
of 16
ASTRONOVA, INC.
Bookings and Backlog
(Unaudited, $ in thousands)
AstroNova
Q1 FY26
Q2 FY26
Q3 FY26
Q4 FY26
FY 2026
Q1 FY27
YTD FY2027
Backlog Beginning of Period (incl. MTEX)
$
28,307
$
25,491
$
25,291
$
21,989
$
28,307
$
25,530
$
25,530
Revenue Recognized (Billings)
$
37,708
$
36,102
$
39,169
$
37,536
$
150,515
$
39,364
$
39,364
New Bookings During Period
$
34,893
$
35,901
$
35,867
$
41,077
$
147,738
$
46,261
$
46,261
Backlog End of Period
$
25,491
$
25,291
$
21,989
$
25,530
$
25,530
$
32,426
$
32,426
Book/Bill%
93
%
99
%
92
%
109
%
96
%
118
%
118
%
Product Identification
Q1 FY26
Q2 FY26
Q3 FY26
Q4 FY26
FY 2026
Q1 FY27
YTD FY2027
Backlog Beginning of Period (incl. MTEX)
$
18,091
$
18,044
$
16,727
$
12,351
$
18,091
$
13,482
$
13,482
Revenue Recognized (Billings)
$
26,289
$
24,754
$
26,849
$
26,329
$
104,221
$
26,089
$
26,089
New Bookings During Period
$
26,242
$
23,437
$
22,473
$
27,460
$
99,612
$
26,789
$
26,789
Backlog End of Period
$
18,044
$
16,727
$
12,351
$
13,484
$
13,482
$
14,182
$
14,182
Book/Bill%
100
%
95
%
84
%
104
%
95
%
103
%
103
%
Aerospace
Q1 FY26
Q2 FY26
Q3 FY26
Q4 FY26
FY 2025
Q1 FY27
YTD FY2027
Backlog Beginning of Period
$
10,216
$
7,447
$
8,563
$
9,638
$
10,216
$
12,048
$
12,048
Revenue Recognized (Billings)
$
11,419
$
11,348
$
12,320
$
11,207
$
46,294
$
13,275
$
13,275
New Bookings During Period
$
8,651
$
12,464
$
13,394
$
13,617
$
48,126
$
19,471
$
19,471
Backlog End of Period
$
7,447
$
8,563
$
9,638
$
12,047
$
12,048
$
18,244
$
18,244
Book/Bill%
76
%
110
%
109
%
122
%
97
%
147
%
147
%
AstroNova Reports 4.4% Growth in Sales for First Quarter Fiscal 2027
June 8, 2026
Page
12
of 16
ASTRONOVA, INC.
Segment Sales and Profit – Historical Quarterly Summary (Recast)
(unaudited, $ in thousands)
FY24
Q1
Q2
Q3
Q4
FY25
Q1
Q2
Q3
Q4
FY26
Q1 FY27
Revenue
$
44,045
9,776
13,374
14,105
11,683
$
48,938
11,419
11,348
12,320
11,206
$
46,294
13,275
Gross profit
$
15,900
3,456
5,548
5,093
3,989
$
18,087
3,718
3,721
6,121
4,236
$
17,797
6,022
Gross Profit Margin
36.1
%
35.4
%
41.5
%
36.1
%
34.1
%
37.0
%
32.6
%
32.8
%
49.7
%
37.8
%
38.4
%
45.4
%
Operating Expenses:
Selling & Marketing
$
3,433
904
899
913
822
$
3,537
481
911
1,095
772
$
3,260
903
Research & Development
$
2,347
801
781
877
785
$
3,243
652
603
710
656
$
2,621
548
General & Administrative
$
1,881
644
567
512
497
$
2,220
606
540
536
471
$
2,154
693
Total Operating Expenses
$
7,661
2,348
2,246
2,301
2,104
$
9,000
1,739
2,055
2,341
1,899
$
8,034
2,144
Aerospace Operating Income
$
8,240
1,108
3,302
2,792
1,885
$
9,087
1,979
1,666
3,780
2,338
$
9,763
3,878
Aerospace Operating Margin
18.7
%
11.3
%
24.7
%
19.8
%
16.1
%
18.6
%
17.3
%
14.7
%
30.7
%
20.9
%
21.1
%
29.2
%
Non-GAAP
Aerospace Adjusted EBITDA1
$
10,239
1,519
3,719
3,193
2,279
$
10,710
2,566
2,081
3,911
3,104
$
11,662
3,769
Adjusted EBITDA Margin1
23.2
%
15.5
%
27.8
%
22.6
%
19.5
%
21.9
%
22.5
%
18.3
%
31.7
%
27.7
%
25.2
%
28.4
%
FY24
Q1
Q2
Q3
Q4
FY25
Q1
Q2
Q3
Q4
FY26
Q1 FY27
Revenue
$
104,041
23,185
27,165
26,317
25,679
$
102,345
26,289
24,754
26,849
26,330
$
104,221
26,089
Gross profit
$
33,604
8,002
8,315
8,015
8,236
$
32,570
8,233
7,194
7,323
7,088
$
29,838
8,403
Gross Profit Margin
32.3
%
34.5
%
30.6
%
30.5
%
32.1
%
31.8
%
31.3
%
29.1
%
27.3
%
26.9
%
28.6
%
32.2
%
Operating Expenses:
Selling & Marketing
$
19,971
4,436
5,567
5,438
5,274
$
20,715
5,124
4,935
4,773
4,870
$
19,703
4,789
Research & Development
$
3,994
670
507
795
832
$
2,804
877
961
1,188
1,141
$
4,167
1,261
General & Administrative
$
4,314
1,447
2,363
1,896
15,206
$
20,911
1,971
1,490
1,667
1,310
$
6,439
1,787
Total Operating Expenses
$
28,280
6,553
8,437
8,128
21,312
$
44,430
7,973
7,387
7,628
7,323
$
30,310
7,837
Product ID Operating Income
$
5,325
1,449
(121
)
(112
)
(13,076
)
$
(11,860
)
260
(192
)
(304
)
(234
)
$
(471
)
566
Product ID Operating Margin
5.1
%
6.2
%
-0.4
%
-0.4
%
-50.9
%
-11.6
%
1.0
%
-0.8
%
-1.1
%
-0.9
%
-0.5
%
2.2
%
Non-GAAP
Product ID Adjusted EBITDA1
$
11,156
2,046
1,619
1,269
1,615
$
6,550
1,903
870
1,371
1,095
$
5,239
2,112
Adjusted EBITDA Margin1
10.7
%
8.8
%
6.0
%
4.8
%
6.3
%
6.4
%
7.2
%
3.5
%
5.1
%
4.2
%
5.0
%
8.1
%
Corporate Expense
$
4,768
1,211
2,120
1,416
1,120
$
5,867
1,668
2,181
2,187
2,049
$
8,086
2,882
Consolidated Operating Income
8,796
1,346
1,061
1,264
(12,311
)
(8,640
)
571
(708
)
1,288
55
1,207
1,562
Consolidated Operating Margin
5.9
%
4.1
%
2.6
%
3.1
%
-33.0
%
-5.7
%
1.5
%
-2.0
%
3.3
%
0.1
%
0.8
%
4.0
%
Non-GAAP
Adjusted EBITDA1
$
17,601
2,463
3,849
3,230
2,793
$
12,336
3,148
2,056
4,173
3,306
$
12,681
4,122
Adjusted EBITDA Margin1
11.9
%
7.5
%
9.5
%
8.0
%
7.5
%
8.2
%
8.3
%
5.7
%
10.7
%
8.8
%
8.4
%
10.5
%
1
Adjusted EBITDA and Adjusted EBITDA margin are non-GAAP metrics.
Please refer to the reconciliation of GAAP to non-GAAP metrics in the tables that accompany this news release.
AstroNova Reports 4.4% Growth in Sales for First Quarter Fiscal 2027
June 8, 2026
Page
13
of 16
ASTRONOVA, INC.
Reconciliation of GAAP to Non-GAAP Items
In Thousands Except for Per Share Data
(Unaudited)
Three Months Ended
April 30,
2026
April 30,
2025
Revenue
$
39,364
$
37,708
Gross Profit
$
14,425
$
11,951
Inventory Step-Up
—
61
Inventory Provision
(263
)
—
Restructuring Charges
360
340
Non-Recurring Legal, Professional & Other
Expenses
29
—
Non-GAAP Gross Profit
$
14,552
$
12,352
Gross Profit Margin
36.6
%
31.7
%
Non-GAAP Gross Profit Margin
36.9
%
32.8
%
Operating Expenses
$
12,863
$
11,382
MTEX-related Acquisition Expenses
—
(337
)
Bonus
(165
)
—
Restructuring Charges
(2
)
(219
)
Non-Recurring Legal, Professional & Other
Expenses
(734
)
—
Non-GAAP Operating Expenses
$
11,962
$
10,826
Operating Income
$
1,562
$
571
MTEX-related Acquisition Expenses
—
337
Inventory Step-Up
—
61
Inventory Provision
(263
)
—
Bonus
165
—
Restructuring Charges
362
558
Non-Recurring Legal, Professional & Other
Expenses
763
—
Non-GAAP Operating Income
$
2,589
$
1,527
Operating Income Margin
4.0
%
1.5
%
Non-GAAP Operating Income Margin
6.6
%
4.0
%
Net Income (Loss)
$
653
$
(376
)
MTEX-related Acquisition
Expenses(1)
—
257
Inventory Step-Up(1)
—
49
Inventory Provision(1)
(192
)
—
Bonus(1)
125
—
Restructuring Charges(1)
276
424
Non-Recurring Legal, Professional, and Other Expenses(1)
581
—
Non-GAAP Net Income
$
1,443
$
354
Diluted Earnings (Loss) Per Share
$
0.08
$
(0.05
)
MTEX-related Acquisition
Expenses(1)
—
0.03
Inventory Step-Up(1)
—
0.01
Inventory Provision(1)
(0.02
)
—
Bonus(1)
0.02
—
Restructuring Charges(1)
0.04
0.06
Non-Recurring Legal, Prfessional and Other Expenses(1)
0.07
—
Non-GAAP Diluted Earnings Per Share
$
0.19
$
0.05
(1)
Net of taxes
AstroNova Reports 4.4% Growth in Sales for First Quarter Fiscal 2027
June 8, 2026
Page
14
of 16
ASTRONOVA, INC.
Reconciliation of Net Income (Loss) to Adjusted EBITDA
Amounts In Thousands
(Unaudited)
Three Months Ended
April 30, 2026
April 30, 2025
Net Income (Loss)
$
653
$
(376
)
Interest Expense
675
897
Income Tax Expense
196
75
Depreciation & Amortization
1,182
1,290
EBITDA
$
2,706
$
1,886
Share-Based Compensation
389
306
Bonus
165
—
MTEX-related Acquisition Expenses
—
337
Inventory Step-Up
—
61
Inventory Provision
(263
)
—
Restructuring Charges
362
558
Non-Recurring Legal Expenses
763
—
Adjusted EBITDA
$
4,122
$
3,148
Revenue
$
39,364
$
37,708
Net Income (Loss) Margin
1.7
%
(1.0
)%
Adjusted EBITDA Margin
10.5
%
8.3
%
AstroNova Reports 4.4% Growth in Sales for First Quarter Fiscal 2027
June 8, 2026
Page
15
of 16
ASTRONOVA, INC.
Reconciliation of Segment Gross Profit to Non-GAAP Segment Gross Profit and Margin
Amounts In Thousands
(Unaudited)
Three Months Ended
April 30, 2026
April 30, 2025
Product
ID
Aerospace
Total
Product
ID
Aerospace
Total
Segment Gross Profit
$
8,403
$
6,022
$
14,425
$
8,233
$
3,718
$
11,951
Inventory Step-Up
—
—
—
61
—
61
Inventory Provision
232
(495
)
(263
)
—
—
—
Restructuring Charges
360
—
360
171
169
340
Non-Recurring Legal, Professional & Other
Expenses
29
—
29
—
—
—
Non-GAAP - Segment Gross Profit
$
9,023
$
5,527
$
14,551
$
8,465
$
3,887
$
12,352
Revenue
$
26,089
$
13,275
$
39,364
$
26,289
$
11,419
$
37,708
Gross Profit Margin
32.2
%
45.4
%
36.6
%
31.3
%
32.6
%
31.7
%
Non-GAAP Segment Gross Profit Margin
34.6
%
41.6
%
36.9
%
32.2
%
34.0
%
32.8
%
ASTRONOVA, INC.
Reconciliation of Segment Operating Profit and Margin to Non-GAAP Operating Profit and Margin
Amounts In Thousands
(Unaudited)
Three Months Ended
April 30, 2026
April 30, 2025
Product
ID
Aerospace
Total
Product
ID
Aerospace
Total
Segment Operating Income
$
566
$
3,878
$
4,444
$
260
$
1,979
$
2,239
Inventory Step-Up
—
—
—
61
—
61
Inventory Provision
232
(495
)
(263
)
—
—
—
Bonus
60
10
70
—
—
—
Restructuring Charges
362
—
362
339
171
510
MTEX-related Acquisition Expenses
—
—
—
336
—
336
Non-Recurring Legal, Professional & Other
Expenses
43
—
43
—
—
—
Non-GAAP - Segment Operating Income
$
1,263
$
3,393
$
4,656
$
995
$
2,150
$
3,145
Revenue
$
26,089
$
13,275
$
39,364
$
26,289
$
11,419
$
37,708
Operating Margin
2.2
%
29.2
%
11.3
%
1.0
%
17.3
%
5.9
%
Non-GAAP Operating Margin
4.8
%
25.6
%
11.8
%
3.8
%
18.8
%
8.3
%
AstroNova Reports 4.4% Growth in Sales for First Quarter Fiscal 2027
June 8, 2026
Page
16
of 16
ASTRONOVA INC.
Reconciliation of Segment and Consolidated Net Income to Adjusted EBITDA (Past Quarters and Years)
(Unaudited, $ in thousands)
2024
Q1 25
Q2 25
Q3 25
Q4 25
FY25
Q1 26
Q2 26
Q3 26
Q4 26
FY26
Q1 27
Operating Income
$
8,240
$
1,108
$
3,302
$
2,792
$
1,886
$
9,088
$
1,980
$
1,666
$
3,780
$
2,338
$
9,763
$
3,878
Other
—
—
—
—
—
—
—
—
—
—
—
—
Interest expense
—
—
—
—
—
—
—
—
—
—
—
15
Profit Before Tax
$
8,240
1,108
3,302
2,792
1,886
$
9,088
1,980
1,666
3,780
2,338
$
9,763
$
3,863
Tax
—
—
—
—
—
—
—
—
—
—
—
—
Net Income
$
8,240
1,108
3,302
2,792
1,886
$
9,088
1,980
1,666
3,780
2,338
$
9,763
$
3,863
Interest expense
—
—
—
—
—
—
—
—
—
—
—
15
Tax
—
—
—
—
—
—
—
—
—
—
—
—
Depreciation & Amortization
1,873
374
378
365
365
1,482
373
368
363
360
1,464
332
Share-Based Compensation
126
37
39
36
29
140
43
46
80
94
263
44
Bonus
—
—
—
—
—
—
—
—
—
10
Inventory Provision
—
—
—
—
—
—
—
—
(311
)
311
—
(495
)
Restructuring Charges
—
—
—
—
—
—
170
1
—
—
171
—
Adjusted EBITDA
$
10,239
$
1,519
$
3,719
$
3,193
$
2,279
$
10,710
$
2,566
$
2,081
$
3,911
$
3,104
$
11,662
$
3,769
Revenue
$
44,045
$
9,776
$
13,374
$
14,105
$
11,683
$
48,938
$
11,419
$
11,348
$
12,320
$
11,206
$
46,294
$
13,275
Adjusted EBITDA Margin
23.2
%
15.5
%
27.8
%
22.6
%
19.5
%
21.9
%
22.5
%
18.3
%
31.7
%
27.7
%
25.2
%
28.4
%
2024
Q1 25
Q2 25
Q3 25
Q4 25
FY25
Q1 26
Q2 26
Q3 26
Q4 26
FY26
Q1 27
Operating Income
$
5,325
$
1,449
$
(121
)
$
(113
)
$
(13,075
)
$
(11,860
)
$
260
$
(192
)
$
(304
)
$
(234
)
$
(470
)
$
566
Other
—
—
—
—
—
—
—
—
—
—
—
20
Interest expense
—
—
—
—
—
—
—
—
—
—
—
24
Profit Before Tax
$
5,325
1,449
(121
)
(113
)
(13,075
)
$
(11,860
)
260
(192
)
(304
)
(234
)
$
(470
)
$
522
Tax
—
—
—
—
—
—
—
—
—
—
—
364
Net Income
$
5,325
1,449
(121
)
(113
)
(13,075
)
$
(11,860
)
260
(192
)
(304
)
(234
)
$
(470
)
$
158
Interest expense
—
—
—
—
—
—
—
—
—
—
—
24
Tax
—
—
—
—
—
—
—
—
—
—
—
364
Depreciation & Amortization
2,378
532
921
929
896
3,279
913
909
489
1,013
3,322
844
Share-Based Compensation
317
64
74
94
75
308
(7
)
86
88
207
373
26
Bonus
—
—
—
—
—
—
—
—
—
—
—
60
MTEX-related Acquisition Expenses
—
—
625
325
254
1,204
337
(26
)
—
—
311
—
Inventory Step-Up
—
—
120
34
62
216
61
—
—
—
61
—
Inventory Provision
—
—
—
—
—
—
—
—
670
54
724
232
Restructuring Charges
2,494
—
—
—
—
—
339
94
(2
)
52
483
362
Product Retrofit Costs
642
—
—
—
—
—
—
—
—
185
185
—
Non-Recurring Legal Expenses
—
—
—
—
—
—
—
—
134
(182
)
(48
)
43
Goodwill Impairment
—
—
—
—
13,403
13,403
—
—
297
—
297
—
Adjusted EBITDA
$
11,156
$
2,046
$
1,619
$
1,269
$
1,615
$
6,550
$
1,903
$
870
$
1,371
$
1,095
$
5,239
$
2,112
Revenue
$
104,041
$
23,185
$
27,165
$
26,317
$
25,679
$
102,345
$
26,289
$
24,754
$
26,849
$
26,330
$
104,221
$
26,089
Adjusted EBITDA Margin
10.7
%
8.8
%
6.0
%
4.8
%
6.3
%
6.4
%
7.2
%
3.5
%
5.1
%
4.2
%
5.0
%
8.1
%
2024
Q1 25
Q2 25
Q3 25
Q4 25
FY25
Q1 26
Q2 26
Q3 26
Q4 26
FY26
Q1 27
Operating Income
$
(4,768
)
$
(1,211
)
$
(2,120
)
$
(1,416
)
$
(1,122
)
$
(5,869
)
$
(1,668
)
$
(2,181
)
$
(2,187
)
$
(2,050
)
$
(8,087
)
$
(2,882
)
Other
26
118
173
46
100
437
(24
)
104
210
(51
)
239
18
Interest expense
2,697
482
938
944
847
3,210
897
885
827
894
3,503
635
Profit Before Tax
$
(7,491
)
(1,811
)
(3,231
)
(2,406
)
(2,069
)
$
(9,516
)
(2,541
)
(3,170
)
(3,224
)
(2,893
)
$
(11,829
)
$
(3,536
)
Tax
1,379
(434
)
261
34
2,342
2,203
75
(454
)
(128
)
346
(161
)
(168
)
Net Income
$
(8,870
)
(1,377
)
(3,492
)
(2,440
)
(4,411
)
$
(11,719
)
(2,616
)
(2,716
)
(3,096
)
(3,239
)
$
(11,668
)
$
(3,368
)
Interest expense
2,697
482
938
944
847
3,210
897
885
827
894
3,503
635
Tax
1,379
(434
)
261
36
2,342
2,205
75
(454
)
(128
)
346
(161
)
(168
)
Depreciation & Amortization
15
4
4
6
4
19
4
4
5
5
18
6
EBITDA
$
(4,779
)
(1,324
)
(2,289
)
(1,454
)
(1,218
)
$
(6,285
)
(1,640
)
(2,282
)
(2,392
)
(1,994
)
$
(8,308
)
$
(2,894
)
Share-Based Compensation
903
223
368
222
116
929
270
367
586
449
1,673
318
Bonus
—
—
—
—
—
—
—
—
—
—
—
95
CFO Transition Costs
—
—
432
—
—
432
—
—
—
—
—
—
Restructuring Charges
82
—
—
—
—
—
49
595
60
—
703
0
Non-Recurring Legal Expenses
—
—
—
—
—
—
—
69
254
440
763
720
Non-Recurring Proxy Costs
—
—
—
—
—
—
—
355
172
210
738
—
Realized Fx
—
—
—
—
—
—
—
—
100
—
100
—
Other (Income) and Expense
—
—
—
—
—
—
—
—
112
—
112
—
Adjusted EBITDA
$
(3,794
)
$
(1,101
)
$
(1,489
)
$
(1,232
)
$
(1,102
)
$
(4,924
)
$
(1,321
)
$
(896
)
$
(1,108
)
$
(895
)
$
(4,220
)
$
(1,760
)
2024
Q1 25
Q2 25
Q3 25
Q4 25
FY25
Q1 26
Q2 26
Q3 26
Q4 26
FY26
Q1 27
Operating Income
$
8,796
$
1,346
$
1,061
$
1,263
$
(12,311
)
$
(8,641
)
$
572
$
(708
)
$
1,288
$
55
$
1,208
$
1,562
Other
26
118
173
46
100
437
(24
)
104
210
(51
)
239
38
Interest expense
2,697
482
938
944
847
3,210
897
885
827
894
3,503
675
Profit Before Tax
$
6,073
746
(50
)
273
(13,258
)
$
(12,288
)
(301
)
(1,697
)
251
(789
)
$
(2,535
)
$
849
Tax
1,379
(434
)
261
34
2,342
2,202
75
(454
)
(128
)
346
(161
)
196
Net Income
$
4,694
1,180
(311
)
239
(15,600
)
$
(14,490
)
(376
)
(1,243
)
379
(1,134
)
$
(2,373
)
$
653
Interest expense
2,697
482
938
944
847
3,210
897
885
827
894
3,503
675
Tax
1,379
(434
)
261
36
2,342
2,202
75
(454
)
(128
)
346
(161
)
196
Depreciation & Amortization
4,266
911
1,304
1,300
1,266
4,780
1,290
1,280
856
1,379
4,805
1,182
EBITDA
$
13,036
2,139
2,191
2,519
(11,146
)
$
(4,297
)
1,886
469
1,934
1,485
$
5,774
$
2,706
Share-Based Compensation
1,347
325
481
352
219
1,378
306
499
754
751
2,310
389
Bonus
—
—
—
—
—
—
—
—
—
—
—
165
MTEX-related Acquisition Expenses
—
—
625
325
254
1,204
337
(26
)
—
—
311
—
CFO Transition Costs
—
—
432
—
—
432
—
—
—
—
—
—
Inventory Step-Up
—
—
120
34
62
216
61
—
—
—
61
—
Inventory Provision
—
—
—
—
—
—
—
—
359
365
724
(264
)
Restructuring Charges
2,576
—
—
—
—
—
558
689
59
52
1,357
362
Product Retrofit Costs
642
—
—
—
—
—
—
—
—
185
185
—
Non-Recurring Legal Expenses
—
—
—
—
—
—
—
69
387
258
715
763
Non-Recurring Proxy Costs
—
—
—
—
—
—
—
355
172
210
738
—
Realized Fx
—
—
—
—
—
—
—
—
100
—
100
—
Other (Income) and Expense
—
—
—
—
—
—
—
—
112
—
112
—
Goodwill Impairment
—
—
—
—
13,403
13,403
—
—
297
—
297
—
Adjusted EBITDA
$
17,601
$
2,463
$
3,849
$
3,230
$
2,793
$
12,336
$
3,149
$
2,056
$
4,175
$
3,306
$
12,682
$
4,121
Revenue
$
148,086
$
32,961
$
40,539
$
40,422
$
37,361
$
151,283
$
37,708
$
36,102
$
39,169
$
37,536
$
150,515
$
39,364
Adjusted EBITDA Margin
11.9
%
7.5
%
9.5
%
8.0
%
7.5
%
8.2
%
8.4
%
5.7
%
10.7
%
8.8
%
8.4
%
10.5
%
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v3.26.1
Document and Entity Information
Jun. 08, 2026
Cover [Abstract]
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Entity Central Index Key
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Document Type
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Document Period End Date
Jun. 08, 2026
Entity Registrant Name
ASTRONOVA, INC.
Entity Incorporation State Country Code
RI
Entity File Number
0-13200
Entity Tax Identification Number
05-0318215
Entity Address, Address Line One
600 East Greenwich Avenue
Entity Address, City or Town
West Warwick
Entity Address, State or Province
RI
Entity Address, Postal Zip Code
02893
City Area Code
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Local Phone Number
828-4000
Written Communications
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Soliciting Material
false
Pre Commencement Tender Offer
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Pre Commencement Issuer Tender Offer
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Security 12b Title
Common Stock, $0.05 Par Value
Trading Symbol
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Security Exchange Name
NASDAQ
Entity Emerging Growth Company
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Boolean flag that is true when the Form 8-K filing is intended to satisfy the filing obligation of the registrant as soliciting material pursuant to Rule 14a-12 under the Exchange Act.
+ References
Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher SEC
-Name Exchange Act
-Number 240
-Section 14a
-Subsection 12
+ Details
Name:
dei_SolicitingMaterial
Namespace Prefix:
dei_
Data Type:
xbrli:booleanItemType
Balance Type:
na
Period Type:
duration
X
- Definition
Trading symbol of an instrument as listed on an exchange.
+ References
No definition available.
+ Details
Name:
dei_TradingSymbol
Namespace Prefix:
dei_
Data Type:
dei:tradingSymbolItemType
Balance Type:
na
Period Type:
duration
X
- Definition
Boolean flag that is true when the Form 8-K filing is intended to satisfy the filing obligation of the registrant as written communications pursuant to Rule 425 under the Securities Act.
+ References
Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher SEC
-Name Securities Act
-Number 230
-Section 425
+ Details
Name:
dei_WrittenCommunications
Namespace Prefix:
dei_
Data Type:
xbrli:booleanItemType
Balance Type:
na
Period Type:
duration