Amaero (ASX:3DA) has updated its financial guidance for FY26, projecting revenue of $18–20 million, down from its previous forecast of $30–35 million.
The revision reflects timing delays in US government contract awards, including a temporary federal shutdown, while underlying demand remains robust.
The updated guidance represents a 372–425% increase over FY25, with December 2025 quarter revenue expected to reach approximately $3.1 million, up 390% year-on-year.
First-half FY26 revenue is anticipated to total around $7.7 million, a 366% increase over the prior corresponding period, while contracted revenue for the second half stands at $9.7 million.
Amaero expects to recognise about $2.5 million in Q3 and $7.2 million in Q4. Positive adjusted EBITDA is anticipated in calendar year 2027.
Operationally, Amaero reports strong demand across its powder production and PM-HIP manufacturing lines, particularly in defense, aerospace, energy, and advanced manufacturing sectors.