---
schema_version: "secwatch.filing_event.v1"
accession: "0001437749-22-022395"
form_type: "8-K"
ticker: "BUKS"
cik: "0000015847"
company_name: "BUTLER NATIONAL CORP"
filed_at: "2022-09-14T23:59:59+00:00"
generated_at: "2026-06-23T09:42:46.704434+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Butler National Q1 FY2023 revenue down 14% to $15.3M; net income falls to $0.43M from $2.9M

## Summary
- Revenue $15.3M vs $17.7M YoY (-14%); net income $0.43M vs $2.9M; EPS $0.01 vs $0.04.
- Aerospace Products revenue down 25% to $6.3M, operating loss of $0.39M vs prior-year income $1.0M.
- Professional Services revenue down 4% to $9.0M; operating income $2.0M vs $3.0M.
- Backlog $23M; cash increased $2.3M in quarter; supply chain issues caused delivery shifts.
- Company launching sports wagering in Kansas; temporary retail sportsbook at Boot Hill Casino.

## SEC filing metadata
- accession: 0001437749-22-022395
- form_type: 8-K
- ticker: BUKS
- cik: 0000015847
- company_name: BUTLER NATIONAL CORP
- filed_at: 2022-09-14T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/15847/000143774922022395/0001437749-22-022395-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/15847/000143774922022395/buks20220824_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001437749-22-022395
- JSON: https://secwatch.observer/filing/0001437749-22-022395.json
- Plain text: https://secwatch.observer/filing/0001437749-22-022395.txt

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