Daniel Zeff

Dan Ives

- Butler National Corporation reported **FY 2025 total revenue of $83,968 thousand**, **net income of $12,551 thousand**, and **EPS of $0.18** for the fiscal year ended April 30, 2025.  **[15847_0000015847-25-000014_a1kfinalshareholderprese.htm:2]** 
- The company's backlog significantly increased to **$52,892 thousand as of August 30, 2025**, up from **$33,600 thousand on April 30, 2025**.  **[15847_0000015847-25-000014_a1kfinalshareholderprese.htm:2]** 
- Management is actively executing a **share buyback program**, having repurchased approximately **2.9 million shares** since April 30, 2025, with **$5 million authorized** for this purpose.   
- Key strategies for FY 2026 include commencing sales of **King Air Model B300 Expanded Doors** for Avcon, increasing production capacity for **Tempe's Special Mission Electronics**, and **restaurant renovation and sports book growth** for Boot Hill Casino.  **[15847_0000015847-25-000014_a1kfinalshareholderprese.htm:6]**   **[15847_0000015847-25-000014_a1kfinalshareholderprese.htm:5]**

Butler National Corporation Reports FY 2025 Results and Outlines FY 2026 Strategies

- Butler National Corporation reported strong financial results for the first quarter of fiscal year 2026 (three months ended July 31, 2025), with revenue increasing **1.5%** to **$20.125 million**, operating income rising **32%** to **$4.667 million**, and diluted Earnings Per Share (EPS) doubling to **$0.06** from **$0.03** in the prior year period.  **[15847_20250911CL72012:0]** 
- The **Aerospace Products segment** was a key driver of these results, with revenue increasing **7%** to **$11.3 million** and its operating margin improving to **25%** in Q1 FY2026.  **[15847_20250911CL72012:0]** **[15847_20250911CL72012:1]** 
- The **Professional Services segment** experienced a **5%** decrease in revenue to **$8.8 million** in Q1 FY2026, influenced by a decrease in traditional casino gaming revenue and an increased state revenue share, despite growth in mobile sports wagering.  **[15847_20250911CL72012:0]** **[15847_20250911CL72012:1]** 
- During the quarter, the company repurchased **2.41 million shares** of its common stock and invested approximately **$0.6 million** in the development and production of new products.  **[15847_20250911CL72012:0]** **[15847_20250911CL72012:1]**

Butler National Corporation Announces Strong First Quarter Fiscal 2026 Financial Results

- Butler National Corporation reported strong financial results for the first quarter of fiscal 2026 (three months ended July 31, 2025), with **revenue increasing 1.5% to $20.1 million**, **operating income rising 32% to $4.7 million**, and **Earnings Per Share doubling to $0.06**.  **[15847_0000015847-25-000007_buks-exx99x73125pressrelea.htm:0]** **[15847_0000015847-25-000007_buks-exx99x73125pressrelea.htm:1]** 
- The **Aerospace Products segment's revenue increased 7% to $11.3 million**, driven by Special Missions Electronics and Aircraft Avionics, while the Professional Services segment's revenue decreased **5% to $8.8 million**.  **[15847_0000015847-25-000007_buks-exx99x73125pressrelea.htm:1]** **[15847_0000015847-25-000007_buks-exx99x73125pressrelea.htm:2]** 
- The company **repurchased 2.41 million shares** of its common stock during the quarter and invested approximately **$0.6 million** in new product development.  **[15847_0000015847-25-000007_buks-exx99x73125pressrelea.htm:1]**

BUTLER NATIONAL (BUKS)