secwatch.observer — SEC 8-K summary
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Issuer:     CPI AEROSTRUCTURES INC (CVU)
CIK:        0000889348
Form:       8-K
Filed at:   2026-03-31T23:59:59+00:00
Accession:  0001999371-26-007364
Event type: earnings
Sentiment:  negative
Materiality: 0.75
Item codes: 2.02, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

CPI Aero Q4 net income $0.7M, FY2025 net loss $0.8M on A-10 termination
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- Q4 revenue $19.4M (down 11% YoY), net income $0.7M ($0.05 EPS) vs $1.0M ($0.08 EPS) prior year.
- FY2025 revenue $69.3M (down 14.5% from $81.1M), net loss ($0.8M) or ($0.07) per share.
- A-10 program termination drove gross margin to 15.2%; adj. EBITDA ex A-10 was $5.5M vs $7.8M in 2024.
- Debt refinanced Dec 2025 with Western Alliance Bank, maturity extended to Dec 2030, lower rate.
- Backlog $505M; contract awards from Raytheon, Lockheed, USAF, Sikorsky across multiple programs.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/889348/000199937126007364/0001999371-26-007364-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/889348/000199937126007364/cvu-8k_033126.htm
  HTML page:      https://secwatch.observer/filing/0001999371-26-007364

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