Butler National Corporation
Balance Sheet
| Line Item | FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 |
|---|---|---|---|---|---|---|---|---|
| Assets | ||||||||
| Cash & Equivalents | $35.1M | $25.2M | — | — | — | — | — | — |
| Accounts Receivable | $14.0M | $5.9M | $5.8M | $3.8M | $3.6M | $2.0M | $2.8M | $3.3M |
| Inventory | $13.1M | $10.9M | $9.5M | $8.9M | $8.9M | $8.6M | $8.6M | $8.9M |
| Total Current Assets | $67.3M | $47.3M | $38.6M | $40.2M | $27.8M | $34.5M | $30.0M | $23.3M |
| Property, Plant & Equipment | $58.0M | $60.3M | $59.6M | $59.1M | $58.8M | — | $54.7M | $14.8M |
| Goodwill | — | — | — | — | — | — | — | — |
| Intangible Assets (Excl. Goodwill) | $10.0M | $9.2M | $9.8M | $8.7M | $8.0M | $8.2M | $6.5M | $6.4M |
| Total Assets | $141.8M | $123.3M | $114.0M | $113.9M | $100.8M | $101.9M | $94.8M | $48.9M |
| Liabilities | ||||||||
| Accounts Payable | $13.1M | $8.6M | $5.3M | $5.3M | $2.8M | $1.9M | $962.0K | $1.8M |
| Total Current Liabilities | $31.4M | $24.4M | $22.9M | $25.4M | $13.7M | $17.6M | $10.9M | $9.8M |
| Long-Term Debt | $24.6M | $29.9M | $33.2M | $38.4M | $43.4M | $39.8M | $3.2M | $2.1M |
| Total Liabilities | $59.9M | $58.2M | $59.5M | $67.1M | $60.0M | $60.5M | $57.0M | $14.6M |
| Stockholders' Equity | ||||||||
| Retained Earnings | $81.5M | $59.5M | $47.0M | $34.5M | $29.9M | $19.6M | $18.1M | $13.9M |
| Total Stockholders' Equity | $82.0M | $65.1M | $54.4M | $46.8M | $40.8M | $35.4M | $32.8M | $28.0M |