Butler National Corp.
- BUKS · OTC
- Services-Miscellaneous Amusement & Recreation
- New Century, KS
- CIK 0000015847
Updated from SEC filings through
Top things to know
Executives
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Adam Sefchick Interim Chief Executive Officer and President, and Chief Financial Officer 10-K, 2026-07-08 - Adam Brett Sefchick Chief Financial Officer 4, 2026-07-24
Butler National Corp is a U.S. public company in services-miscellaneous amusement & recreation (SIC 7990), headquartered in New Century, KS. It trades as BUKS on OTC. Revenue was $98.0M in the fiscal year ending April 30, 2026, +16.7% from the year before. Adam Sefchick is Interim Chief Executive Officer and President, and Chief Financial Officer.
Five-year financials
| Metric | FY2026 | FY2025 | FY2024 | FY2023 | FY2022 |
|---|---|---|---|---|---|
| Revenue | $98.0M 10-K, 2026-07-08 | $84.0M 10-K, 2026-07-08 | $78.4M 10-K, 2025-07-03 | $75.2M 10-K, 2024-07-23 | $71.5M 10-K, 2023-07-31 |
| Operating income | $28.5M 10-K, 2026-07-08 | $16.8M 10-K, 2026-07-08 | $13.2M 10-K, 2025-07-03 | $8.7M 10-K, 2024-07-23 | $16.1M 10-K, 2023-07-31 |
| SG&A | Not on file | Not on file | Not on file | Not on file | Not on file |
| Net income | $21.9M 10-K, 2026-07-08 | $12.6M 10-K, 2026-07-08 | $12.5M 10-K, 2025-07-03 | $4.5M 10-K, 2024-07-23 | $10.4M 10-K, 2023-07-31 |
Annual figures from XBRL in each company's own filings. Click a figure to open the filing. SG&A marked derived is general and administrative plus selling and marketing.
Leadership and board
| Name | Title | Source |
|---|---|---|
| Adam Sefchick Chief Financial Officer - Butler National Corporation | Interim Chief Executive Officer and President, and Chief Financial Officer | 10-K, 2026-07-08 |
| Adam Brett Sefchick Chief Financial Officer - Butler National Corporation | Chief Financial Officer | 4, 2026-07-24 |
 Jeffrey D. Yowell | Executive Chairman | 10-K, 2026-07-08 |
| Joseph P. Daly | Director | 10-K, 2026-07-08 |
| Julie M. Bowen | Director | 10-K, 2026-07-08 |
| Michael A. Loh | Director | 10-K, 2026-07-08 |
What Butler National Corp does
Butler National Corporation (“Butler National”, the “Company”, “we”, “us”, or “our”) was incorporated in 1960. Our companies design, engineer, manufacture, sell, integrate, install, repair, modify, overhaul, service and distribute a broad portfolio of aerostructures, aircraft components, avionics, accessories, subassemblies and systems (“Aerospace Products”). We serve a broad, worldwide spectrum of the aviation industry, including owners of aircraft and contractors involved with private, commercial, business, and government aircraft operations.
Shares and governance
| Shares outstanding | 63.8 million (as of September 11, 2026) | 10-Q, September 11, 2026 |
|---|---|---|
| Public float | $90.7M (as of October 31, 2025) | 10-K, July 8, 2026 |
| Reportable segments | 2 (period ending July 31, 2026) | 10-Q, September 11, 2026 |
| Latest proxy statement | Meeting August 18, 2026 (filed August 18, 2026) | DEF 14A, August 18, 2026 |
| Auditor | Rbsm LLP (Houston, TX) | Latest 10-K |
Insider trades
Open-market buys and sales by officers and directors, from Forms 4 and 5. One row per filing.
| Date | Insider | Trade | Shares | Value | Source |
|---|---|---|---|---|---|
| October 2, 2026 | Joseph Patrick Daly Director | Buy | 15,000 | $61K | Form 4, October 2, 2026 |
| September 22, 2026 | Joseph Patrick Daly Director | Buy | 6,303 | $26K | Form 4, September 22, 2026 |
| September 21, 2026 | Joseph Patrick Daly Director | Buy | 4,000 | $16K | Form 4, September 21, 2026 |
| September 15, 2026 | Joseph Patrick Daly Director | Buy | 1,500 | $6K | Form 4, September 17, 2026 |
| September 15, 2026 | Michael Anthony Loh Director | Buy | 10,000 | $39K | Form 4, September 16, 2026 |
| July 14, 2026 | Joseph Patrick Daly Director | Buy | 2,126 | $10K | Form 4, July 16, 2026 |
| July 13, 2026 | Joseph Patrick Daly Director | Buy | 30,000 | $131K | Form 4, July 14, 2026 |
| July 10, 2026 | Michael Anthony Loh Director | Buy | 3,658 | $16K | Form 4, July 13, 2026 |
Recent 8-K events
- 8-K filed 2026-10-07
- Item 7.01 Regulation FD disclosure
- 8-K filed 2026-10-02
- Item 5.07 Submission of matters to a vote of security holders
- 8-K filed 2026-09-30
- Item 7.01 Regulation FD disclosure
- 8-K filed 2026-09-11
- Item 2.02 Results of operations and financial condition (earnings release)
- 8-K filed 2026-08-20
- Item 1.01 Entry into a material definitive agreement
- Item 8.01 Other events
- 8-K filed 2026-07-24
- Item 5.02 Departure or appointment of directors or officers; compensation
- 8-K filed 2026-07-08
- Item 2.02 Results of operations and financial condition (earnings release)
- 8-K filed 2026-06-15
- Item 5.02 Departure or appointment of directors or officers; compensation
- Item 7.01 Regulation FD disclosure
- 8-K filed 2026-06-10
- Item 8.01 Other events
- 8-K filed 2026-06-01
- Item 8.01 Other events
Frequently asked questions about Butler National Corp
- What does Butler National Corp do?
- In its own words, from Item 1 of its 10-K: "Butler National Corporation (“Butler National”, the “Company”, “we”, “us”, or “our”) was incorporated in 1960. Our companies design, engineer, manufacture, sell, integrate, install, repair, modify, overhaul, service and distribute a broad portfolio of aerostructures, aircraft components, avionics, accessories, subassemblies and systems (“Aerospace Products”). We serve a broad, worldwide spectrum of the aviation industry, including owners of aircraft and contractors involved with private, commercial, business, and government aircraft operations."
- What is Butler National Corp's revenue?
- $98.0M for the fiscal year ending April 30, 2026, from its 10-K filed July 8, 2026.
- Is Butler National Corp profitable?
- Butler National Corp reported net income of $21.9M for the fiscal year ending April 30, 2026.
- Who is the CEO of Butler National Corp?
- Adam Sefchick, Interim Chief Executive Officer and President, and Chief Financial Officer, as named in a 10-K filed July 8, 2026.
- Who is the CFO of Butler National Corp?
- Adam Sefchick, Interim Chief Executive Officer and President, and Chief Financial Officer, as named in a 10-K filed July 8, 2026.
- Where is Butler National Corp headquartered?
- New Century, KS.
- What is Butler National Corp's stock ticker?
- BUKS on OTC.
- What industry is Butler National Corp in?
- Services-Miscellaneous Amusement & Recreation, SIC code 7990.
- What is Butler National Corp's website?
- butlernational.com.
- When does Butler National Corp report earnings next?
- December 12, 2026. Source: estimate_10q_cadence.
- Is Butler National Corp a public company?
- Yes. Butler National Corp files with the SEC under CIK 0000015847 and trades as BUKS.
- Who audits Butler National Corp?
- Rbsm LLP, Houston, TX, as named in its latest annual report (10-K).
- How many shares of Butler National Corp are outstanding?
- 63.8 million shares as of September 11, 2026, from its 10-Q filed September 11, 2026.
- What is Butler National Corp's public float?
- $90.7M as of October 31, 2025, as reported on the cover of its 10-K filed July 8, 2026.
- How many business segments does Butler National Corp report?
- 2 reportable segments for the period ending July 31, 2026, from its 10-Q filed September 11, 2026.
- When is Butler National Corp's annual shareholder meeting?
- August 18, 2026, per its proxy statement (DEF 14A) filed August 18, 2026.
- Have Butler National Corp insiders traded stock recently?
- Since July 10, 2025, officers and directors reported 0 open-market sales and 24 purchases worth about $607K on Forms 4 and 5. The most recent: Joseph Patrick Daly (Director) bought 15,000 shares on October 2, 2026.