---
schema_version: "secwatch.filing_event.v1"
accession: "0001387131-22-010143"
form_type: "8-K"
ticker: "CVU"
cik: "0000889348"
company_name: "CPI AEROSTRUCTURES INC"
filed_at: "2022-09-30T23:59:59+00:00"
generated_at: "2026-06-23T06:35:07.569174+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# CPI Aerostructures reports Q2 revenue decline; gross margin up 320 bps; files 10-Q to address delisting

## Summary
- Q2 revenue $18.9M vs $22.3M YoY; net income $0.5M ($0.04 diluted EPS).
- Gross margin improved to 19.3% from 16.1% on higher Aerostructures revenue and welding performance.
- Backlog of $504M as of June 30, 2022; debt reduced to $24.6M from $27.7M YoY.
- Company now current on SEC filings; intends to request NYSE American retract delisting and resume trading.

## SEC filing metadata
- accession: 0001387131-22-010143
- form_type: 8-K
- ticker: CVU
- cik: 0000889348
- company_name: CPI AEROSTRUCTURES INC
- filed_at: 2022-09-30T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/889348/000138713122010143/0001387131-22-010143-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/889348/000138713122010143/cvua-8k_092922.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001387131-22-010143
- JSON: https://secwatch.observer/filing/0001387131-22-010143.json
- Plain text: https://secwatch.observer/filing/0001387131-22-010143.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.