secwatch.observer — SEC 8-K summary
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Issuer:     Applied Aerospace & Defense, Inc. (AADX)
CIK:        0002118195
Form:       8-K
Filed at:   2026-08-12T11:26:46+00:00
Accession:  0001628280-26-055948
Event type: earnings
Sentiment:  positive
Materiality: 0.85
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Applied Aerospace Q2 revenue $167.3M (+47.4% YoY); net loss $154M on IPO costs; backlog $1.13B
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- Record revenue of $167.3M, up 47.4% YoY; adjusted EBITDA $36.4M, up 38.5%.
- Net loss of $154.0M driven by share-based comp and June 2026 IPO transaction expenses.
- Backlog over $1.1B; C5ISR/Precision Strike revenue surged $35.9M YoY.
- Completed $683M IPO (~34.2M shares at $20), net proceeds ~$635.6M; net leverage 2.7x pro forma.
- FY2026 guidance: revenue $670-690M, adjusted EBITDA $150-155M.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/2118195/000162828026055948/0001628280-26-055948-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/2118195/000162828026055948/aadx-20260812.htm
  HTML page:      https://secwatch.observer/filing/0001628280-26-055948

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer