Key Points – Revenue dipped slightly in Q1 2026 to $41.1 million from $42.1 million a year earlier, but management said the decline was due to supply chain timing issues rather than weaker demand.
TAT still expects meaningful full-year revenue and EBITDA growth. – Backlog and demand hit record levels, with backlog and long-term agreements rising to about $580 million from $550 million at year-end 2025
CEO Igal Zamir said customer demand “has never been stronger,” especially in APU, landing gear and heat exchangers. – Supply chain constraints remain the main near-term headwind, particularly for APU and landing gear work that is near completion but waiting on parts. Management expects APU issues to ease by the second half of the year, while landing gear availability still needs monitoring. TAT Technologies (NASDAQ:TATT) said first-quarter 2026 revenue slipped slightly from a year earlier as supply chain disruptions delayed the completion and delivery of some aerospace maintenance work, but management said demand remains at record levels and reaffirmed its expectation for meaningful full-year growth in revenue and EBITDA.
President and CEO Igal Zamir said the company entered 2026 with a “robust operational foundation” and record customer demand. He said backlog and long-term agreements reached approximately $580 million at the end of the first quarter, up from $550 million at the end of 2025, reflecting new contract wins and strong intake in maintenance, repair and overhaul, or MRO. “Demand for our services has never been stronger,” Zamir said. He added that the company’s long-term agreements and backlog reached an all-time high during the quarter.