Company: SIF
Filing Date: 2025-05-15
Form Type: 10-Q
Source: 0000090168-25-000025
Chunk: 11

Company: SIFCO INDUSTRIES INC
Filing Date: 2025-05-15
Form: 10-Q
Item: Part I, Item 1
Chunk 11
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. Under this method, the extent of progress towards completion is measured based on the ratio of costs incurred to date to the total estimated costs at completion of the performance obligation. Revenues are recorded proportionally as costs are incurred.

The following table represents a breakout of total revenue by customer type:

                          Three Months Ended                                        Six Months Ended                          
                          March 31,                                                 March 31,                                 
                          2025                                2024                  2025                                      
 ──────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────
  Commercial revenue      $                        8,321      $         11,348      $                     19,477      19,010  
  Military revenue                                10,706                 9,167                            20,433      16,979  
  Total                   $                       19,027      $         20,515      $                     39,910      35,989  

The following table represents revenue by end market:

                                                    Three Months Ended                                        Six Months Ended                          
                                                    March 31,                                                 March 31,                                 
                                                    2025                                2024                  2025                                      
 ────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────
  Aerospace components for:                                                                                                                             
  Fixed wing aircraft                               $                       14,381      $         10,080      $                     27,226      20,019  
  Rotorcraft                                                                 2,929                 4,197                             6,324       7,347  
  Commercial space                                  593                                            4,027                             3,041       5,360  
  Energy components for power generation units      686                                 442                                          1,713       1,055  
  Commercial product and other revenue              438                                            1,769                             1,606       2,208  
  Total                                             $                       19,027      $         20,515      $                     39,910      35,989  

All revenue based on selling locations originated from the Company’s U. S. operations.

In addition to the disaggregated revenue information provided above, approximately 57 53

Contract Balances

The following table contains a roll forward of contract assets and contract liabilities for the six months ended March 31, 2025 and 2024:

                                               March 31,                     March 31,                 
  Contract assets — beginning