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Butler National Corporation Common Stock
CIK 15847Updated Feb 20, 2026
SecurityBUKS · OTC · equity
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BUTLER NATIONAL CORPORATION ANNOUNCES SECOND QUARTER 2026 FINANCIAL RESULTS News provided by Butler National Corporation Dec 11, 2025, 10:28 ET Share this article Share to X Share this article Share to X - Operating income rose 46% on 9% increase in revenue - Earnings Per Share increased to $0.09 fr ↗
Recent filings
Regulation FD Disclosure
Items 7.01, 9.01
Submission of Matters to a Vote of Security Holders
Items 5.07
Regulation FD Disclosure
Items 7.01, 9.01
4 filing
4 filing
Show 5 more recent filings
Results of Operations and Financial Condition
Items 2.02, 9.01
10-Q filing
Entry into a Material Definitive Agreement · Other Events
Items 1.01, 8.01, 9.01
DEFA14A filing
ARS filing
Financials
FY 2026 · USDSource
Source
Source
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balance sheet · annual statements
| Line item | Q3 2026 | Q3 2025 | Q3 2024 | Q2 2026 | Q2 2025 | Q1 2027 | Q1 2026 | Q1 2025 | FY 2026 | FY 2025 | FY 2024 | FY 2023 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| ASSETS | ||||||||||||
| AssetsUSD | 140,984,000Source | 128,603,000Source | 113,279,000Source | 128,181,000Source | 114,335,000Source | 139,520,000Source | 130,283,000Source | 114,649,000Source | 141,842,000Source | 123,298,000Source | 113,975,000Source | 113,906,000Source |
| Property, Plant and Equipment, NetUSD | 58,386,000Source | 60,140,000Source | 59,385,000Source | 58,864,000Source | 60,303,000Source | 57,803,000Source | 59,764,000Source | 58,940,000Source | 57,978,000Source | 60,256,000Source | 59,587,000Source | 59,067,000Source |
| Intangible Assets, Net (Excluding Goodwill)USD | 9,918,000Source | 9,232,000Source | 9,383,000Source | 9,803,000Source | 9,729,000Source | 10,487,000Source | 9,528,000Source | 10,071,000Source | 9,982,000Source | 9,237,000Source | 9,762,000Source | 8,722,000Source |
| Current assets: | ||||||||||||
| Cash and Cash Equivalents, at Carrying ValueUSD | 36,492,000Source | — | — | — | — | 35,266,000Source | — | — | 35,124,000Source | — | — | — |
| Accounts Receivable, after Allowance for Credit Loss, CurrentUSD | 12,168,000Source | 6,286,000Source | 6,140,000Source | 7,517,000Source | 5,402,000Source | 6,747,000Source | 7,598,000Source | 7,326,000Source | 13,996,000Source | 5,867,000Source | 5,776,000Source | 3,793,000Source |
| Inventory, NetUSD | 12,102,000Source | 10,368,000Source | 10,537,000Source | 11,465,000Source | 10,450,000Source | 13,741,000Source | 10,525,000Source | 9,629,000Source | 13,116,000Source | 10,924,000Source | 9,522,000Source | 8,947,000Source |
| Assets, CurrentUSD | 66,360,000Source | 52,708,000Source | 38,786,000Source | 53,148,000Source | 37,755,000Source | 64,839,000Source | 54,538,000Source | 39,012,000Source | 67,297,000Source | 47,312,000Source | 38,596,000Source | 40,162,000Source |
| Prepaid Expense and Other Assets, CurrentUSD | 3,366,000Source | 1,937,000Source | 2,090,000Source | 2,615,000Source | 2,090,000Source | 3,822,000Source | 1,566,000Source | 1,848,000Source | 3,465,000Source | 1,771,000Source | 1,694,000Source | 3,532,000Source |
| Other Assets, NoncurrentUSD | 3,102,000Source | 3,106,000Source | 2,786,000Source | 3,098,000Source | 3,082,000Source | 3,272,000Source | 3,136,000Source | 3,110,000Source | 3,417,000Source | 3,126,000Source | 3,138,000Source | 2,874,000Source |
| LIABILITIES AND EQUITY | ||||||||||||
| LiabilitiesUSD | 64,640,000Source | 66,232,000Source | 63,367,000Source | 57,968,000Source | 55,278,000Source | 53,220,000Source | 65,040,000Source | 58,357,000Source | 59,864,000Source | 58,184,000Source | 59,534,000Source | 67,125,000Source |
| Stockholders’ equity: | ||||||||||||
| Preferred Stock, Value, IssuedUSD | 0Source | 0Source | — | 0Source | 0Source | 0Source | 0Source | 0Source | 0Source | — | — | — |
| Additional Paid in CapitalUSD | 14,569,000Source | 14,072,000Source | 13,791,000Source | 14,472,000Source | 14,003,000Source | 14,772,000Source | 14,343,000Source | 13,935,000Source | 14,656,000Source | 14,247,000Source | 13,866,000Source | 13,647,000Source |
| Retained Earnings (Accumulated Deficit)USD | 75,905,000Source | 56,196,000Source | 42,516,000Source | 69,206,000Source | 52,818,000Source | 86,725,000Source | 63,212,000Source | 49,222,000Source | 81,460,000Source | 59,527,000Source | 46,976,000Source | 34,464,000Source |
| Stockholders' Equity Attributable to ParentUSD | 76,344,000Source | 62,371,000Source | — | 70,213,000Source | 59,057,000Source | 86,300,000Source | 65,243,000Source | 56,292,000Source | 81,978,000Source | 65,114,000Source | — | — |
| Liabilities and EquityUSD | 140,984,000Source | 128,603,000Source | 113,279,000Source | 128,181,000Source | 114,335,000Source | 139,520,000Source | 130,283,000Source | 114,649,000Source | 141,842,000Source | 123,298,000Source | 113,975,000Source | 113,906,000Source |
| Current liabilities: | ||||||||||||
| Liabilities, CurrentUSD | 35,206,000Source | 31,102,000Source | 25,226,000Source | 27,103,000Source | 20,610,000Source | 25,762,000Source | 32,641,000Source | 22,420,000Source | 31,419,000Source | 24,414,000Source | 22,917,000Source | 25,377,000Source |
| Accounts Payable, CurrentUSD | 17,937,000Source | 13,868,000Source | 8,496,000Source | 9,862,000Source | 2,876,000Source | 8,163,000Source | 17,419,000Source | 4,845,000Source | 13,102,000Source | 8,623,000Source | 5,291,000Source | 5,320,000Source |
| Additional Financial Items | ||||||||||||
| Accounts Receivable, after Allowance for Credit LossUSD | 12,168,000Source | 6,286,000Source | 6,140,000Source | 7,517,000Source | 5,402,000Source | 6,747,000Source | 7,598,000Source | 7,326,000Source | 13,996,000Source | 5,867,000Source | 5,776,000Source | 3,793,000Source |
| Long-term Debt, Excluding Current Maturities | — | — | — | — | — | — | — | — | —Source | —Source | —Source | —Source |
| Long-term Debt, Current MaturitiesUSD | 5,245,000Source | 5,238,000Source | 4,900,000Source | 5,401,000Source | 4,960,000Source | 4,376,000Source | 5,346,000Source | 4,915,000Source | 4,868,000Source | 5,287,000Source | 4,866,000Source | 4,987,000Source |
| Long-term Debt, Excluding Current MaturitiesUSD | 25,576,000Source | 31,215,000Source | 34,785,000Source | 26,992,000Source | 30,740,000Source | 23,633,000Source | 28,512,000Source | 31,996,000Source | 24,603,000Source | 29,870,000Source | 33,244,000Source | 38,418,000Source |
cash flow · annual statements
| Line item | Q4 2026 | Q4 2025 | Q3 2026 | Q3 2025 | Q2 2026 | Q2 2025 | Q1 2027 | Q1 2026 | FY 2026 | FY 2025 | FY 2024 | FY 2023 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash flows from operating activities: | ||||||||||||
| Net Income (Loss), Including Portion Attributable to Noncontrolling InterestUSD | — | — | — | — | — | — | — | — | — | — | 12,512,000Source | 4,516,000Source |
| Adjustments to reconcile net income to net cash provided by operating activities: | ||||||||||||
| Depreciation and amortization | — | — | —Source | —Source | —Source | —Source | —Source | —Source | —Source | —Source | —Source | —Source |
| Share-based Payment Arrangement, Noncash ExpenseUSD | — | — | — | — | — | — | 66,000Source | 34,000Source | 196,000Source | 320,000Source | -15,000Source | 357,000Source |
| Changes in operating assets and liabilities: | ||||||||||||
| Increase (Decrease) in Accounts ReceivableUSD | — | — | — | — | — | — | -7,249,000Source | 1,731,000Source | 7,529,000Source | 91,000Source | 1,983,000Source | 157,000Source |
| Increase (Decrease) in InventoriesUSD | — | — | — | — | — | — | 625,000Source | -399,000Source | 2,192,000Source | 1,402,000Source | 1,047,000Source | 75,000Source |
| Increase (Decrease) in Accounts PayableUSD | — | — | — | — | — | — | -4,939,000Source | 8,796,000Source | 4,479,000Source | 3,332,000Source | -29,000Source | 2,547,000Source |
| Deferred Income Tax Expense (Benefit)USD | — | — | — | — | — | — | — | — | -305,000Source | -157,000Source | -446,000Source | 297,000Source |
| Net Cash Provided by (Used in) Operating ActivitiesUSD | — | — | — | — | — | — | 4,639,000Source | 14,699,000Source | 25,779,000Source | 18,404,000Source | 7,538,000Source | 20,937,000Source |
| Cash flows from investing activities: | ||||||||||||
| Net Cash Provided by (Used in) Investing ActivitiesUSD | — | — | — | — | — | — | -1,890,000Source | -1,438,000Source | -4,367,000Source | -5,415,000Source | -1,126,000Source | -5,936,000Source |
| Payments to Acquire Property, Plant, and EquipmentUSD | — | — | — | — | — | — | 1,890,000Source | 1,438,000Source | 6,538,000Source | 8,259,000Source | 8,740,000Source | 6,510,000Source |
| Cash flows from financing activities: | ||||||||||||
| Payments for Repurchase of Common StockUSD | — | — | — | — | — | — | — | 3,653,000Source | 5,480,000Source | 2,261,000Source | 5,059,000Source | 61,000Source |
| Net Cash Provided by (Used in) Financing ActivitiesUSD | — | — | — | — | — | — | -2,607,000Source | -5,043,000Source | -11,514,000Source | -5,555,000Source | -10,617,000Source | -5,491,000Source |
| Repayments of Long-term DebtUSD | — | — | — | — | — | — | 1,478,000Source | 1,323,000Source | 5,763,000Source | 5,042,000Source | 5,295,000Source | 5,171,000Source |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate EffectUSD | — | — | — | — | — | — | 142,000Source | 8,218,000Source | 9,898,000Source | 7,434,000Source | -4,205,000Source | 9,510,000Source |
| Supplemental disclosure of cash flow information: | ||||||||||||
| Interest Paid, Excluding Capitalized Interest, Operating ActivitiesUSD | — | — | — | — | — | — | 402,000Source | 522,000Source | 1,948,000Source | 2,201,000Source | 2,454,000Source | 2,752,000Source |
| Income Taxes Paid, NetUSD | — | — | — | — | — | — | 0Source | 0Source | 4,305,000Source | 7,697,000Source | 2,075,000Source | 2,536,000Source |
| Additional Financial Items | ||||||||||||
| Share-based Payment Arrangement, ExpenseUSD | — | — | — | — | — | — | 116,000Source | 34,000Source | 409,000Source | 381,000Source | 634,000Source | 357,000Source |
| DepreciationUSD | — | — | — | — | — | — | 1,206,000Source | 1,208,000Source | 4,826,000Source | 4,569,000Source | 4,110,000Source | — |
| Gain (Loss) on Disposition of Property Plant Equipment, Excluding Oil and Gas Property and Timber PropertyUSD | — | — | — | — | 403,000Source | 248,000Source | — | — | 403,000Source | 248,000Source | 4,169,000Source | 410,000Source |
| Gain (Loss) on Disposition of Real Estate, Discontinued OperationsUSD | — | — | — | — | — | — | — | — | 274,000Source | 274,000Source | — | — |
| Gain (Loss) on Disposition of BusinessUSD | — | — | 0Source | 1,040,000Source | — | — | — | — | 0Source | 1,040,000Source | — | — |
| Gain (Loss) on Sale of PropertiesUSD | — | — | — | — | 1,477,000Source | 261,000Source | — | — | 1,477,000Source | 274,000Source | 1,490,000Source | 69,000Source |
| Gain (Loss) on Extinguishment of DebtUSD | — | — | — | — | — | — | — | — | — | — | — | 0Source |
| Income Tax Expense (Benefit)USD | — | — | 2,289,000Source | 1,256,000Source | 2,797,000Source | 1,329,000Source | 1,924,000Source | 630,000Source | 7,367,000Source | 4,167,000Source | 4,244,000Source | 2,011,000Source |
| InterestExpenseNonoperatingUSD | — | — | 478,000Source | 557,000Source | 501,000Source | 538,000Source | 418,000Source | 523,000Source | 1,933,000Source | 2,177,000Source | 2,447,000Source | — |
| Investment Income, InterestUSD | — | — | 228,000Source | 125,000Source | 335,000Source | 100,000Source | 183,000Source | 171,000Source | 900,000Source | 506,000Source | 305,000Source | — |
| Net Income (Loss) Attributable to ParentUSD | — | — | 6,699,000Source | 3,378,000Source | 5,994,000Source | 3,596,000Source | 5,265,000Source | 3,685,000Source | 21,933,000Source | 12,551,000Source | 12,512,000Source | 4,516,000Source |
| Net Income (Loss) Attributable to Noncontrolling InterestUSD | — | — | — | — | — | — | — | — | — | — | — | 0Source |
| Nonoperating Income (Expense)USD | — | — | -250,000Source | 608,000Source | 1,714,000Source | 71,000Source | -235,000Source | -352,000Source | 847,000Source | -109,000Source | 3,517,000Source | -2,127,000Source |
| Other Nonoperating Income (Expense)USD | — | — | — | — | — | — | — | — | — | — | 0Source | 137,000Source |
| Proceeds from Issuance of Long-term DebtUSD | — | — | — | — | — | — | — | — | 0Source | 2,016,000Source | — | — |
| Revenue from Contract with Customer, Including Assessed TaxUSD | — | — | 26,913,000Source | 21,174,000Source | 23,251,000Source | 21,360,000Source | 30,781,000Source | 20,125,000Source | 97,967,000Source | 83,968,000Source | 78,376,000Source | 75,182,000Source |
income statement · annual statements
| Line item | Q4 2026 | Q4 2025 | Q3 2026 | Q3 2025 | Q2 2026 | Q2 2025 | Q1 2027 | Q1 2026 | FY 2026 | FY 2025 | FY 2024 | FY 2023 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Income (Loss)USD | — | — | 9,238,000Source | 4,026,000Source | 7,077,000Source | 4,854,000Source | 7,424,000Source | 4,667,000Source | 28,453,000Source | 16,827,000Source | 13,239,000Source | 8,654,000Source |
| Other Nonoperating Income (Expense)USD | — | — | — | — | — | — | — | — | — | — | 0Source | 137,000Source |
| Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling InterestUSD | — | — | 8,988,000Source | 4,634,000Source | 8,791,000Source | 4,925,000Source | 7,189,000Source | 4,315,000Source | 29,300,000Source | 16,718,000Source | 16,756,000Source | 6,527,000Source |
| Income Tax Expense (Benefit)USD | — | — | 2,289,000Source | 1,256,000Source | 2,797,000Source | 1,329,000Source | 1,924,000Source | 630,000Source | 7,367,000Source | 4,167,000Source | 4,244,000Source | 2,011,000Source |
| Net Income (Loss) Attributable to Noncontrolling InterestUSD | — | — | — | — | — | — | — | — | — | — | — | 0Source |
| Net Income (Loss) Attributable to ParentUSD | — | — | 6,699,000Source | 3,378,000Source | 5,994,000Source | 3,596,000Source | 5,265,000Source | 3,685,000Source | 21,933,000Source | 12,551,000Source | 12,512,000Source | 4,516,000Source |
| Earnings Per Share, BasicUSD per share | — | — | 0.1Source | 0.05Source | 0.09Source | 0.05Source | 0.08Source | 0.06Source | 0.34Source | 0.19Source | 0.18Source | 0.06Source |
| Earnings Per Share, DilutedUSD per share | — | — | 0.1Source | 0.05Source | 0.09Source | 0.05Source | 0.08Source | 0.06Source | 0.34Source | 0.19Source | 0.18Source | 0.06Source |
| Weighted Average Number of Shares Outstanding, Basicshares | — | — | 64,231,747Source | 66,960,627Source | 64,568,585Source | 68,027,071Source | 63,860,251Source | 66,922,924Source | 64,965,512Source | 67,819,328Source | 70,435,752Source | 76,456,631Source |
| Weighted Average Number of Shares Outstanding, Dilutedshares | — | — | 64,231,747Source | 66,960,627Source | 64,568,585Source | 68,027,071Source | 63,954,343Source | 66,922,924Source | 64,965,512Source | 67,835,577Source | 70,435,752Source | 76,456,631Source |
| Interest Expense (non-operating)USD | — | — | 478,000Source | 557,000Source | 501,000Source | 538,000Source | 418,000Source | 523,000Source | 1,933,000Source | 2,177,000Source | 2,447,000Source | — |
| Additional Financial Items | ||||||||||||
| Costs and ExpensesUSD | — | — | 17,675,000Source | 17,148,000Source | 16,174,000Source | 16,506,000Source | 23,357,000Source | 15,458,000Source | 69,514,000Source | 67,141,000Source | 65,137,000Source | 66,528,000Source |
| Current Income Tax Expense (Benefit)USD | — | — | — | 1,256,000Source | — | 1,329,000Source | — | — | 7,672,000Source | 4,324,000Source | 4,690,000Source | 1,714,000Source |
| Depreciation, Depletion and Amortization, NonproductionUSD | — | — | 1,687,000Source | 1,766,000Source | 1,691,000Source | 1,658,000Source | 1,771,000Source | 1,703,000Source | 6,865,000Source | 6,744,000Source | 6,068,000Source | 5,898,000Source |
| Interest ExpenseUSD | — | — | 478,000Source | 557,000Source | 501,000Source | 538,000Source | — | — | 1,933,000Source | 2,177,000Source | 2,447,000Source | 2,743,000Source |
| Investment Income, InterestUSD | — | — | 228,000Source | 125,000Source | 335,000Source | 100,000Source | 183,000Source | 171,000Source | 900,000Source | 506,000Source | 305,000Source | — |
| Marketing and Advertising ExpenseUSD | — | — | 863,000Source | 885,000Source | 896,000Source | 951,000Source | 1,139,000Source | 921,000Source | 3,619,000Source | 3,717,000Source | 5,009,000Source | 5,246,000Source |
| Nonoperating Income (Expense)USD | — | — | -250,000Source | 608,000Source | 1,714,000Source | 71,000Source | -235,000Source | -352,000Source | 847,000Source | -109,000Source | 3,517,000Source | -2,127,000Source |
| Other General and Administrative ExpenseUSD | — | — | 4,381,000Source | 3,914,000Source | 3,942,000Source | 4,122,000Source | 4,980,000Source | 4,034,000Source | 18,099,000Source | 17,503,000Source | 15,656,000Source | 19,979,000Source |
| Research and Development ExpenseUSD | — | — | — | — | — | — | 268,000Source | 262,000Source | 1,466,000Source | 952,000Source | 823,000Source | 3,034,000Source |
| Revenue from Contract with Customer, Including Assessed TaxUSD | — | — | 26,913,000Source | 21,174,000Source | 23,251,000Source | 21,360,000Source | 30,781,000Source | 20,125,000Source | 97,967,000Source | 83,968,000Source | 78,376,000Source | 75,182,000Source |