BUTLER NATIONAL CORP
Income Statement
| Line Item | Jul 2026 | Apr 2026 | Jan 2026 | Oct 2025 | Jul 2025 | Apr 2025 | Jan 2025 | Oct 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $30.8M | $27.7M | $26.9M | $23.3M | $20.1M | $21.6M | $21.2M | $21.4M |
| Cost of Revenue | — | — | — | — | — | — | — | — |
| Gross Profit | — | — | — | — | — | — | — | — |
| Gross Margin | — | — | — | — | — | — | — | — |
| Operating Expenses | ||||||||
| Research & Development | $268.0K | — | — | — | $262.0K | — | — | — |
| SG&A Expense | — | — | — | — | — | — | — | — |
| Operating Income | $7.4M | $7.5M | $9.2M | $7.1M | $4.7M | $4.4M | $4.0M | $4.9M |
| Operating Margin | 24.1% | 27.0% | 34.3% | 30.4% | 23.2% | 20.4% | 19.0% | 22.7% |
| Interest Expense | — | — | $478.0K | $501.0K | — | $517.0K | $557.0K | $538.0K |
| Pretax Income | $7.2M | $7.2M | $9.0M | $8.8M | $4.3M | $4.1M | $4.6M | $4.9M |
| Income Tax Expense | $1.9M | $1.7M | $2.3M | $2.8M | $630.0K | $751.0K | $1.3M | $1.3M |
| Net Income | $5.3M | $5.6M | $6.7M | $6.0M | $3.7M | $3.3M | $3.4M | $3.6M |
| Net Margin | 17.1% | 20.1% | 24.9% | 25.8% | 18.3% | 15.4% | 16.0% | 16.8% |
| EPS (Basic) | $0.08 | $0.09 | $0.10 | $0.09 | $0.06 | $0.06 | $0.05 | $0.05 |
| EPS (Diluted) | $0.08 | $0.09 | $0.10 | $0.09 | $0.06 | $0.06 | $0.05 | $0.05 |
| Shares Outstanding (Basic) | 63.9M | 65.0M | 64.2M | 64.6M | 66.9M | 67.8M | 67.0M | 68.0M |
| Shares Outstanding (Diluted) | 64.0M | 65.0M | 64.2M | 64.6M | 66.9M | 67.8M | 67.0M | 68.0M |
| Dividends Per Share | — | — | — | — | — | — | — | — |