# Butler National Corp: overview

BUKS · OTC · CIK 15847 · [Consumer discretionary](/sectors/consumer-discretionary.md) · fiscal year ends Apr 30

Pages: [Overview](/companies/buks.md) · [Financials](/companies/buks/financials.md) · [Filings](/companies/buks/filings.md) · [Insiders](/companies/buks/insiders.md)

Latest reported revenue: [$30.8m](/filings/0000015847-26-000042.md) for Q1 FY2027, three months to 2026-07-31, from the 10-Q filed Sep 11, 2026 (XBRL us-gaap:RevenueFromContractWithCustomerIncludingAssessedTax, accession 0000015847-26-000042).

## Last eight quarters

| Line item | Unit | Q2 FY2025 (2024-10-31) | Q3 FY2025 (2025-01-31) | Q4 FY2025 (2025-04-30) | Q1 FY2026 (2025-07-31) | Q2 FY2026 (2025-10-31) | Q3 FY2026 (2026-01-31) | Q4 FY2026 (2026-04-30) | Q1 FY2027 (2026-07-31) |
| --- | --- | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: |
| Revenue | $m | [21.4](/filings/0000015847-25-000021.md) | [21.2](/filings/0000015847-26-000003.md) | [21.6 d](/filings/0000015847-26-000020.md) | [20.1](/filings/0000015847-26-000042.md) | [23.3](/filings/0000015847-25-000021.md) | [26.9](/filings/0000015847-26-000003.md) | [27.7 d](/filings/0000015847-26-000020.md) | [30.8](/filings/0000015847-26-000042.md) |
| Gross margin | % | not reported | not reported | not reported | not reported | not reported | not reported | not reported | not reported |
| Operating margin | % | [22.7%](/filings/0000015847-25-000021.md) | [19.0%](/filings/0000015847-26-000003.md) | [20.4% d](/filings/0000015847-26-000020.md) | [23.2%](/filings/0000015847-26-000042.md) | [30.4%](/filings/0000015847-25-000021.md) | [34.3%](/filings/0000015847-26-000003.md) | [27.0% d](/filings/0000015847-26-000020.md) | [24.1%](/filings/0000015847-26-000042.md) |
| Net margin | % | [16.8%](/filings/0000015847-26-000003.md) | [16.0%](/filings/0000015847-26-000003.md) | [15.4% d](/filings/0000015847-26-000020.md) | [18.3%](/filings/0000015847-26-000042.md) | [25.8%](/filings/0000015847-26-000003.md) | [24.9%](/filings/0000015847-26-000003.md) | [20.1% d](/filings/0000015847-26-000020.md) | [17.1%](/filings/0000015847-26-000042.md) |
| Diluted EPS | $ per share | [0.05](/filings/0000015847-25-000021.md) | [0.05](/filings/0000015847-26-000003.md) | not reported | [0.06](/filings/0000015847-26-000042.md) | [0.09](/filings/0000015847-25-000021.md) | [0.10](/filings/0000015847-26-000003.md) | not reported | [0.08](/filings/0000015847-26-000042.md) |
| Free cash flow | $m | [(0.8) d](/filings/0000015847-25-000021.md) | [12.5 d](/filings/0000015847-26-000003.md) | [(3.3) d](/filings/0000015847-26-000020.md) | [13.3](/filings/0000015847-26-000042.md) | [(2.7) d](/filings/0000015847-25-000021.md) | [9.2 d](/filings/0000015847-26-000003.md) | [(0.5) d](/filings/0000015847-26-000020.md) | [2.7](/filings/0000015847-26-000042.md) |

- Revenue. XBRL Revenue: us-gaap:RevenueFromContractWithCustomerIncludingAssessedTax. Derived values: 12-month figure less the 9-month figure.
- Gross margin (gross profit / revenue). XBRL Revenue: us-gaap:RevenueFromContractWithCustomerIncludingAssessedTax. Derived values: 12-month figure less the 9-month figure.
- Operating margin (operating income / revenue). XBRL Operating income: us-gaap:OperatingIncomeLoss; Revenue: us-gaap:RevenueFromContractWithCustomerIncludingAssessedTax. Derived values: 12-month figure less the 9-month figure.
- Net margin (net income / revenue). XBRL Net income: us-gaap:NetIncomeLoss; Revenue: us-gaap:RevenueFromContractWithCustomerIncludingAssessedTax. Derived values: 12-month figure less the 9-month figure.
- Diluted EPS. XBRL Diluted EPS: us-gaap:EarningsPerShareDiluted.
- Free cash flow (operating cash flow − capital expenditure). XBRL Operating cash flow: us-gaap:NetCashProvidedByUsedInOperatingActivities; Capital expenditure: us-gaap:PaymentsToAcquirePropertyPlantAndEquipment. Derived values: 6-month figure less the 3-month figure; 9-month figure less the 6-month figure; 12-month figure less the 9-month figure.

## Last five fiscal years

| Line item | Unit | FY2022 (2022-04-30) | FY2023 (2023-04-30) | FY2024 (2024-04-30) | FY2025 (2025-04-30) | FY2026 (2026-04-30) |
| --- | --- | ---: | ---: | ---: | ---: | ---: |
| Revenue | $m | [71.5](/filings/0001437749-23-021098.md) | [75.2](/filings/0001437749-24-023270.md) | [78.4](/filings/0001628280-25-034206.md) | [84.0](/filings/0000015847-26-000020.md) | [98.0](/filings/0000015847-26-000020.md) |
| Gross margin | % | not reported | not reported | not reported | not reported | not reported |
| Operating margin | % | [22.6%](/filings/0001437749-23-021098.md) | [11.5%](/filings/0001437749-24-023270.md) | [16.9%](/filings/0001628280-25-034206.md) | [20.0%](/filings/0000015847-26-000020.md) | [29.0%](/filings/0000015847-26-000020.md) |
| Net margin | % | [14.5%](/filings/0001437749-23-021098.md) | [6.0%](/filings/0001437749-24-023270.md) | [16.0%](/filings/0001628280-25-034206.md) | [14.9%](/filings/0000015847-26-000020.md) | [22.4%](/filings/0000015847-26-000020.md) |
| Diluted EPS | $ per share | [0.14](/filings/0001437749-23-021098.md) | [0.06](/filings/0001437749-24-023270.md) | [0.18](/filings/0001628280-25-034206.md) | [0.19](/filings/0000015847-26-000020.md) | [0.34](/filings/0000015847-26-000020.md) |
| Free cash flow | $m | [1.6](/filings/0001437749-23-021098.md) | [14.4](/filings/0001437749-24-023270.md) | [(1.2)](/filings/0001628280-25-034206.md) | [10.1](/filings/0000015847-26-000020.md) | [19.2](/filings/0000015847-26-000020.md) |

- Revenue. XBRL Revenue: us-gaap:RevenueFromContractWithCustomerIncludingAssessedTax.
- Gross margin (gross profit / revenue). XBRL Revenue: us-gaap:RevenueFromContractWithCustomerIncludingAssessedTax.
- Operating margin (operating income / revenue). XBRL Operating income: us-gaap:OperatingIncomeLoss; Revenue: us-gaap:RevenueFromContractWithCustomerIncludingAssessedTax.
- Net margin (net income / revenue). XBRL Net income: us-gaap:NetIncomeLoss; Revenue: us-gaap:RevenueFromContractWithCustomerIncludingAssessedTax.
- Diluted EPS. XBRL Diluted EPS: us-gaap:EarningsPerShareDiluted.
- Free cash flow (operating cash flow − capital expenditure). XBRL Operating cash flow: us-gaap:NetCashProvidedByUsedInOperatingActivities; Capital expenditure: us-gaap:PaymentsToAcquirePropertyPlantAndEquipment.

Each value links to the filing it came from. d marks a derived value. A ratio is not reported when any input is missing.

## Insider purchases and sales

The last 20 open-market transactions on Form 4 (codes P and S). Reported price is as stated on the form, not a market price. [All insider transactions](/companies/buks/insiders.md)

None in coverage.

## Funds that report holding it

From each manager’s latest Form 13F, largest reported value first. Reported value is as filed: filing data, not a price. [All funds](/funds.md)

| Fund | Quarter ended | Reported value | Shares | Put or call | Change on the quarter before |
| --- | --- | ---: | ---: | --- | --- |
| [Mink Brook Asset Management LLC](/funds/2052205.md) | 2026-06-30 | $5.9m | 1,421,111 |  | Added +66,045 |
| [WESBANCO BANK INC](/funds/877134.md) | 2026-06-30 | $362.3k | 86,887 |  | New +86,887 |

## Recent filings

[All 595 filings](/companies/buks/filings.md)

| Filed | Accepted | Form | What it is | Accession |
| --- | --- | --- | --- | --- |
| 2026-10-07 | 15:30 ET | [8-K](/filings/0000015847-26-000051.md) | 7.01 Regulation FD disclosure; 9.01 Financial statements and exhibits | 0000015847-26-000051 |
| 2026-10-02 | 15:41 ET | [8-K](/filings/0000015847-26-000049.md) | 5.07 Shareholder vote results | 0000015847-26-000049 |
| 2026-09-30 | 13:00 ET | [8-K](/filings/0000015847-26-000047.md) | 7.01 Regulation FD disclosure; 9.01 Financial statements and exhibits | 0000015847-26-000047 |
| 2026-09-11 | 13:03 ET | [8-K](/filings/0000015847-26-000044.md) | 2.02 Results of operations; 9.01 Financial statements and exhibits | 0000015847-26-000044 |
| 2026-09-11 | 13:01 ET | [10-Q](/filings/0000015847-26-000042.md) | Quarterly report, period 2026-07-31 | 0000015847-26-000042 |
| 2026-08-20 | 15:58 ET | [8-K](/filings/0000015847-26-000037.md) | 1.01 Entry into a material agreement; 8.01 Other events; 9.01 Financial statements and exhibits | 0000015847-26-000037 |
| 2026-08-18 | 13:37 ET | [DEF 14A](/filings/0000015847-26-000032.md) | Proxy statement, period 2026-08-18 | 0000015847-26-000032 |
| 2026-07-24 | 20:51 ET | [8-K](/filings/0000015847-26-000024.md) | 5.02 Departure or appointment of officers or directors; 9.01 Financial statements and exhibits | 0000015847-26-000024 |
| 2026-07-08 | 13:31 ET | [8-K](/filings/0000015847-26-000022.md) | 2.02 Results of operations; 9.01 Financial statements and exhibits | 0000015847-26-000022 |
| 2026-07-08 | 23:40 ET | [10-K](/filings/0000015847-26-000020.md) | Annual report, period 2026-04-30 | 0000015847-26-000020 |

## Latest annual report

[Form 10-K for the fiscal year ended Apr 30, 2026](/filings/0000015847-26-000020.md), filed Jul 8, 2026.

## Forecast league

Not in this season’s league. [This season’s league](/leagues.md)

## About the filer

- CIK: 15847
- Tickers: BUKS
- Exchange: OTC
- SIC code: 7990 Services-Miscellaneous Amusement & Recreation
- State of incorporation: DE
- Filer category: Non-accelerated filer<br>Smaller reporting company

Source: SEC EDGAR, XBRL company facts, the filing index and Forms 4. Last ingested by Listed: Oct 24, 2026, 15:17 ET. No prices; not investment advice.
