Form 8-K
8-K — PARK AEROSPACE CORP
Accession: 0001437749-26-023877
Filed: 2026-07-20
Period: 2026-07-20
CIK: 0000076267
SIC: 3728 (AIRCRAFT PART & AUXILIARY EQUIPMENT, NEC)
Item: Results of Operations and Financial Condition
Item: Financial Statements and Exhibits
Documents
8-K — pke20260720_8k.htm (Primary)
EX-99.1 — EXHIBIT 99.1 (ex_990131.htm)
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8-K — FORM 8-K
8-K (Primary)
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2026-07-20
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): July 20, 2026
PARK AEROSPACE CORP.
(Exact Name of Registrant as
Specified in Charter)
New York
1-4415
11-1734643
(State or Other Jurisdiction
(Commission File
(IRS Employer
of Incorporation)
Number)
Identification No.)
1400 Old Country Road, Westbury
New York
11590
(Address of Principal Executive Offices)
(Zip Code)
Registrant's telephone number, including area code (631) 465-3600
Not Applicable
Former Name or Former Address, if Changed Since Last Report
Securities registered or to be 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, par value $.10 per share
PKE
New York Stock Exchange
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:
☐ 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))
Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 or Rule 12b-2 of the Securities Exchange Act of 1934.
Emerging growth company ☐
If an emerging growth company, indicate by check mark if the registrant has selected 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.
Park Aerospace Corp. (the "Company") issued a news release on July 20, 2026 reporting the results of operations for its 2027 fiscal year first quarter ended May 31, 2026.
The Company is furnishing the news release to the Securities and Exchange Commission pursuant to Item 2.02 of Form 8-K as Exhibit 99.1 hereto, and it is incorporated herein by reference. The information in this Item 2.02 and the attached Exhibit shall not be deemed filed for purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the “Exchange Act”), nor shall they be deemed incorporated by reference in any filing under the Securities Act of 1933, as amended, or the Exchange Act except as shall be expressly stated by specific reference in such filing.
Item 9.01 Financial Statements and Exhibits.
(d) Exhibits.
99.1 News Release dated July 20, 2026
104 Cover Page Interactive Date File (embedded within the Inline XBRL document)
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.
PARK AEROSPACE CORP.
Date: July 20, 2026
By:
/s/ Christopher Goldner
Name:
Christopher Goldner
Title:
Vice President - Finance
2
EX-99.1 — EXHIBIT 99.1
EX-99.1
Filename: ex_990131.htm · Sequence: 2
ex_990131.htm
Exhibit 99.1
NEWS RELEASE
Contact: Donna D’Amico-Annitto
486 North Oliver Road, Bldg. Z
Newton, Kansas 67114
(316) 283-6500
PARK AEROSPACE CORP. REPORTS FIRST QUARTER RESULTS
Newton, Kansas, Monday, July 20, 2026…..Park Aerospace Corp. (NYSE-PKE) reported results for the 2027 fiscal year first quarter ended May 31, 2026. The Company will conduct a conference call to discuss its financial results and other matters at 5:00 p.m. EDT today. A live audio webcast of the event, along with presentation materials, will be available at https://edge.media-server.com/mmc/p/e9q3pu9z at 5:00 p.m. EDT today. The presentation materials will also be available at approximately 4:15 p.m. EDT today at https://parkaerospace.com/shareholders/investor-conference-calls/ and on the Company’s website at www.parkaerospace.com under “Investor Conference Calls” on the “Shareholders” page.
Park reported net sales of $18,312,000 for the 2027 fiscal year first quarter ended May 31, 2026 compared to $15,400,000 for the 2026 fiscal year first quarter ended June 1, 2025 and $24,187,000 for the 2026 fiscal year fourth quarter ended March 1, 2026. Net earnings for the 2027 fiscal year first quarter were $3,533,000 compared to $2,080,000 for the 2026 fiscal year first quarter and $3,838,000 for the 2026 fiscal year fourth quarter.
Adjusted EBITDA for the 2027 fiscal year first quarter was $4,576,000 compared to $2,963,000 for the 2026 fiscal year first quarter and $5,171,000 for the 2026 fiscal year fourth quarter.
During the 2027 fiscal year first quarter, the 2026 fiscal year first quarter and the 2026 fiscal year fourth quarter the Company had no special items.
Park reported basic and diluted earnings per share of $0.17 for the 2027 fiscal year first quarter compared to $0.10 for the 2026 fiscal year first quarter and $0.19 for the 2026 fiscal year fourth quarter.
The Company will conduct a conference call to discuss its financial results at 5:00 p.m. EDT today. Forward-looking and other material information may be discussed in this conference call. The conference call dial-in number is (877) 407-3982 in the United States and Canada, and (201) 493-6780 in other countries. The required conference ID for attendance by phone is 13761820.
For those unable to listen to the call live, a conference call replay will be available from approximately 8:00 p.m. EDT today through 11:59 p.m. EDT on Monday, July 27, 2026. The conference call replay will be available at https://edge.media-server.com/mmc/p/e9q3pu9z and on the Company’s website at www.parkaerospace.com under “Investor Conference Calls” on the “Shareholders” page. It can also be accessed by dialing (844) 512-2921 in the United States and Canada, and (412) 317-6671 in other countries. The required passcode for accessing the replay by phone is 13761820.
Any additional material financial or statistical data disclosed in the conference call, including the investor presentation, will also be available at the time of the conference call on the Company's website at https://parkaerospace.com/shareholders/investor-conference-calls/.
Park believes that an evaluation of its ongoing operations would be difficult if the disclosure of its operating results were limited to accounting principles generally accepted in the United States of America (“GAAP”) financial measures. Accordingly, in addition to disclosing its operating results determined in accordance with GAAP, Park discloses a non-GAAP measure, Adjusted EBITDA, in order to assist its shareholders and other readers in assessing the Company’s operating performance. The detailed operating information presented below includes a reconciliation of GAAP pre-tax earnings to Adjusted EBITDA. This non-GAAP financial measure is provided to supplement the results provided in accordance with GAAP.
Park Aerospace Corp. develops and manufactures solution and hot-melt advanced composite materials used to produce composite structures for the global aerospace markets. Park’s advanced composite materials include film adhesives (Aeroadhere®) and lightning strike protection materials (Electroglide®). Park offers an array of composite materials specifically designed for hand lay-up or automated fiber placement (AFP) manufacturing applications. Park’s advanced composite materials are used to produce primary and secondary structures for jet engines, large and regional transport aircraft, military aircraft, Unmanned Aerial Vehicles (UAVs commonly referred to as “drones”), business jets, general aviation aircraft and rotary wing aircraft. Park also offers specialty ablative materials for rocket motors and nozzles and specially designed materials for radome applications. As a complement to Park’s advanced composite materials offering, Park designs and fabricates composite parts, structures and assemblies and low volume tooling for the aerospace industry. Target markets for Park’s composite parts and structures (which include Park’s proprietary composite SigmaStrut™ and AlphaStrut™ product lines) are, among others, prototype and development aircraft, special mission aircraft, spares for legacy military and civilian aircraft and exotic spacecraft. Park’s objective is to do what others are either unwilling or unable to do. When nobody else wants to do it because it is too difficult, too small or too annoying, sign us up.
Additional corporate information is available on the Company’s website at www.parkaerospace.com
- 2 -
Performance table (in thousands, except per share amounts –unaudited):
13 Weeks Ended
13 Weeks Ended
13 Weeks Ended
May 31,
2026
June 1,
2025
March 1,
2026
Sales
$
18,312
$
15,400
$
24,187
Net Earnings
$
3,533
$
2,080
$
3,838
Basic Earnings per Share:
Basic Earnings per Share
$
0.17
$
0.10
$
0.19
Diluted Earnings per Share:
Diluted Earnings per Share
$
0.17
$
0.10
$
0.19
Weighted Average Shares Outstanding:
Basic
20,878
19,919
20,166
Diluted
21,228
19,968
20,418
- 3 -
Comparative balance sheets (in thousands - unaudited):
May 31,
2026
March 1,
2026
(unaudited)
Assets
Current Assets
Cash and Marketable Securities
$
89,407
$
89,368
Accounts Receivable, Net
10,842
10,974
Inventories
7,801
7,411
Prepaid Expenses and Other Current Assets
1,000
918
Total Current Assets
109,050
108,671
Fixed Assets, Net
21,472
21,828
Operating Right-of-use Assets
243
256
Other Assets
13,589
11,473
Total Assets
$
144,354
$
142,228
Liabilities and Shareholders' Equity
Current Liabilities
Accounts Payable
$
3,504
$
3,681
Accrued Liabilities
1,792
1,598
Operating Lease Liability
45
44
Income Taxes Payable
1,790
634
Total Current Liabilities
7,131
5,957
Long-term Operating Lease Liability
262
273
Deferred Income Taxes
5,926
6,009
Other Liabilities
40
39
Total Liabilities
13,359
12,278
Shareholders’ Equity
130,995
129,950
Total Liabilities and Shareholders' Equity
$
144,354
$
142,228
Additional information
Equity per Share
$
6.27
$
6.22
- 4 -
Comparative statements of operations (in thousands – unaudited):
13 Weeks Ended
13 Weeks Ended
13 Weeks Ended
May 31,
2026
June 1,
2025
March 1,
2026
Net Sales
$
18,312
$
15,400
$
24,187
Cost of Sales
11,936
10,682
17,252
Gross Profit
6,376
4,718
6,935
% of net sales
34.8
%
30.6
%
28.7
%
Selling, General & Administrative Expenses
2,361
2,299
2,343
% of net sales
12.9
%
14.9
%
9.7
%
Earnings from Operations
4,015
2,419
4,592
Interest and Other Income:
Interest and Other Income
786
355
455
Earnings from Operations before Income Taxes
4,801
2,774
5,047
Income Tax Provision
1,268
694
1,209
Net Earnings
$
3,533
$
2,080
$
3,838
% of net sales
19.3
%
13.5
%
15.9
%
- 5 -
Reconciliation of GAAP Net Earnings to Adjusted EBITDA
13 Weeks
Ended
13 Weeks
Ended
13 Weeks
Ended
May 31,
2026
June 1,
2025
March 1,
2026
GAAP Net Earnings
$
3,533
$
2,080
$
3,838
Adjustments:
Income Tax Provision
1,268
694
1,209
Interest and Other Income
(786
)
(355
)
(455
)
Depreciation
469
456
472
Stock Option Expense
92
88
107
Adjusted EBITDA
$
4,576
$
2,963
$
5,171
- 6 -
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Document And Entity Information
Jul. 20, 2026
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