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杜科蒙 2026年季度报告

2026-05-12 美股财报 four_king
报告封面

FORM 10-Q QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIESEXCHANGE ACT OF 1934 For the quarterly period ended April 4, 2026OR TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIESEXCHANGE ACT OF 1934 For the transition period fromtoCommission File Number 001-08174_________________________________________________________ DUCOMMUN INCORPORATED (Exact name of registrant as specified in its charter)_________________________________________________________ 600 Anton Boulevard, Suite 1100, Costa Mesa, California92626-7100(Address of principal executive offices)(Zip code) Registrant’s telephone number, including area code: (657)335-3665 N/A(Former name, former address and former fiscal year, if changed since last report) Name of each exchange on which registered New York Stock Exchange Common Stock, $.01 par value per share Indicate by check mark whether the registrant (1)has filed all reports required to be filed by Section13 or 15(d) of the SecuritiesExchange Act of 1934 during the preceding 12 months (or for such shorter period that the registrant was required to file such reports),and (2)has been subject to such filing requirements for the past 90 days.YesNo Indicate by check mark whether the registrant has submitted electronically every Interactive Data File required to be submittedpursuant to Rule 405 of Regulation S-T (§232.405 of this chapter) during the preceding 12 months (or for such shorter period that theregistrant was required to submit).YesNo Indicate by check mark whether the registrant is a large accelerated filer, an accelerated filer, a non-accelerated filer, a smallerreporting company, or an emerging growth company. See the definitions of “large accelerated filer,” “accelerated filer,” “smallerreporting company,” and “emerging growth company” in Rule 12b-2 of the Exchange Act. Large accelerated filerAccelerated filerNon-accelerated filerSmallerreportingcompanyEmerging growth company If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period forcomplying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. Indicate by check mark whether the registrant is a shell company (as defined in Rule 12b-2 of the Exchange Act).Yes☐NoAs of May5, 2026, the registrant had 15,085,559 shares of common stock outstanding. DUCOMMUN INCORPORATED AND SUBSIDIARIES PART I. FINANCIAL INFORMATION Forward Looking Statements3Item1.Financial Statements (unaudited)5Condensed Consolidated Balance Sheets as of April 4, 2026 and December 31, 20255Condensed Consolidated Statements of Income for the Three Months Ended April 4, 2026 and March29, 2025 (As Restated)6Condensed Consolidated Statements of Comprehensive Income (Loss) for the Three Months EndedApril 4, 2026 and March 29, 2025 (As Restated)7Condensed Consolidated Statements of Changes in Shareholders’ Equity for the Three Months EndedApril 4, 2026 and March 29, 2025 (As Restated)8Condensed Consolidated Statements of Cash Flows for the Three Months Ended April 4, 2026 andMarch 29, 2025 (As Restated)9Notes to Condensed Consolidated Financial Statements10Item2.Management’s Discussion and Analysis of Financial Condition and Results of Operations29Item3.Quantitative and Qualitative Disclosures About Market Risk41Item4.Controls and Procedures42PART II. OTHER INFORMATIONItem1.Legal Proceedings43Item1A.Risk Factors43Item2.Unregistered Sales of Equity Securities and Use of Proceeds43Item3.Defaults Upon Senior Securities43Item4.Mine Safety Disclosures43Item5.Other Information43Item6.Exhibits44Signatures45 FORWARD-LOOKING STATEMENTS AND RISK FACTORS This Quarterly Report on Form 10-Q (“Form 10-Q”) contains forward-looking statements within the meaning of the Private SecuritiesLitigation Reform Act of 1995. Forward-looking statements may be preceded by, followed by or include words such as “could,”“may,” “believe,” “expect,” “anticipate,” “plan,” “estimate,” “would,” or similar expressions. These statements are based on the beliefsand assumptions of our management at the time such statements are made. Generally, forward-looking statements include informationconcerning our possible or assumed future actions, events or results of operations. Forward-looking statements specifically include,without limitation, the information in this Form 10-Q regarding: future revenues, earnings, cash flow, revenue recognition, uses ofcash and other measures of financial performance, projections or expectations for future operations, including costs to completecontracts, goodwill impairment evaluations, useful life of intangible assets, unrecognized tax benefits and effective tax rate, possiblelabor disruptions, the imposition of tariffs, environmental remediation costs, insurance recoveries, industry trends and expectations,including ramp up times for build rates, our plans with respect to restructuring activiti