---
schema_version: "secwatch.filing_event.v1"
accession: "0001999371-25-006252"
form_type: "8-K"
ticker: "CVU"
cik: "0000889348"
company_name: "CPI AEROSTRUCTURES INC"
filed_at: "2025-05-15T23:59:59+00:00"
generated_at: "2026-05-21T07:01:48.546660+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# CPI Aero Q1 net loss $1.3M after $2.1M A-10 program charge; revenue falls to $15.4M

## Summary
- Revenue $15.4M vs $19.1M in Q1 2024; net loss of $1.3M vs net income of $0.2M.
- A-10 program pre-tax loss of $2.1M due to higher manufacturing costs on 2019 fixed-price contract.
- Excluding A-10 impact, gross margin was 21.6% vs 18.6% prior year; income before tax was $0.5M.
- Debt reduced to $16.7M (all-time low); Debt-to-Adjusted EBITDA ratio 2.9, ninth consecutive quarter below 3.0.
- Backlog $516M with new awards from L3Harris, Raytheon, Lockheed, Embraer.

## SEC filing metadata
- accession: 0001999371-25-006252
- form_type: 8-K
- ticker: CVU
- cik: 0000889348
- company_name: CPI AEROSTRUCTURES INC
- filed_at: 2025-05-15T23:59:59+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/889348/000199937125006252/0001999371-25-006252-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/889348/000199937125006252/cvu-8k_051525.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001999371-25-006252
- JSON: https://secwatch.observer/filing/0001999371-25-006252.json
- Plain text: https://secwatch.observer/filing/0001999371-25-006252.txt

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