Butler National Corporation (BUKS)

Butler National Income Statement

Financials in millions USD. Fiscal year is May - April.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jan 31, 2026	Apr 30, 2025	Apr 30, 2024	Apr 30, 2023	Apr 30, 2022	Apr 30, 2021
Revenue	91.89	83.97	78.38	75.18	71.52	61.48
Revenue Growth (YoY)	8.12%	7.13%	4.25%	5.13%	16.33%	-6.67%
Cost of Revenue	45.04	45.92	44.47	41.3	36.4	37.51
Gross Profit	46.85	38.05	33.9	33.88	35.12	23.97
Selling, General & Admin	21.46	21.22	20.67	25.23	18.99	14.53
Operating Expenses	21.46	21.22	20.67	25.23	18.99	18.07
Operating Income	25.39	16.83	13.24	8.65	16.13	5.9
Interest Expense	-2.02	-2.18	-2.45	-2.74	-2.69	-3.14
Interest & Investment Income	0.91	0.51	0.31	-	-	-
Other Non Operating Income (Expenses)	-0	-	-	0.14	-	0.01
EBT Excluding Unusual Items	24.28	15.16	11.1	6.05	13.44	2.77
Gain (Loss) on Sale of Assets	1.89	1.56	5.66	0.48	0.08	-
Other Unusual Items	-	-	-	-	2	-
Pretax Income	26.18	16.72	16.76	6.53	15.52	2.77
Income Tax Expense	6.47	4.17	4.24	2.01	3.28	0.31
Earnings From Continuing Operations	19.71	12.55	12.51	4.52	12.24	2.46
Minority Interest in Earnings	-	-	-	-	-1.87	-1.03
Net Income	19.71	12.55	12.51	4.52	10.37	1.43
Net Income to Common	19.71	12.55	12.51	4.52	10.37	1.43
Net Income Growth	44.07%	0.31%	177.06%	-56.44%	623.52%	-66.16%
Shares Outstanding (Basic)	66	68	70	76	75	74
Shares Outstanding (Diluted)	66	68	70	76	75	74
Shares Change (YoY)	-3.25%	-3.69%	-7.88%	1.48%	1.61%	8.05%
EPS (Basic)	0.30	0.19	0.18	0.06	0.14	0.02
EPS (Diluted)	0.30	0.19	0.18	0.06	0.14	0.02
EPS Growth	48.85%	4.18%	200.74%	-57.08%	612.03%	-67.79%
Free Cash Flow	16.47	10.15	-1.2	14.43	1.6	6.47
Free Cash Flow Per Share	0.25	0.15	-0.02	0.19	0.02	0.09
Gross Margin	50.98%	45.31%	43.26%	45.06%	49.11%	38.99%
Operating Margin	27.63%	20.04%	16.89%	11.51%	22.55%	9.60%
Profit Margin	21.45%	14.95%	15.96%	6.01%	14.50%	2.33%
Free Cash Flow Margin	17.93%	12.08%	-1.53%	19.19%	2.24%	10.52%
EBITDA	32.2	23.57	19.31	14.55	21.41	11.76
EBITDA Margin	35.04%	28.07%	24.63%	19.36%	29.94%	19.12%
D&A For EBITDA	6.81	6.74	6.07	5.9	5.28	5.86
EBIT	25.39	16.83	13.24	8.65	16.13	5.9
EBIT Margin	27.63%	20.04%	16.89%	11.51%	22.55%	9.60%
Effective Tax Rate	24.71%	24.93%	25.33%	30.81%	21.11%	11.23%
Revenue as Reported	91.89	83.97	78.38	75.18	71.52	61.48

Updated Jan 31, 2026. Source: S&P Global Market Intelligence. Standard template. Financial Sources.