Company: SIF
Filing Date: 2025-08-14
Form Type: 10-Q
Source: 0000090168-25-000032
Chunk: 12

Company: SIFCO INDUSTRIES INC
Filing Date: 2025-08-14
Form: 10-Q
Item: Part I, Item 1
Chunk 12
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 to use the cost to cost input method of progress based on costs incurred for these contracts because it best depicts the transfer of goods to the customer based on incurring costs on the contracts. 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                                        Nine Months Ended                          
                          June 30,                                                  June 30,                                   
                          2025                                2024                  2025                                       
 ───────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────
  Commercial revenue      $                        8,688      $         11,841      $                      28,166      30,851  
  Military revenue                                13,407                10,145                             33,839      27,124  
  Total                   $                       22,095      $         21,986      $                      62,005      57,975  

The following table represents revenue by end market:

                                                    Three Months Ended                                        Nine Months Ended                          
                                                    June 30,                                                  June 30,                                   
                                                    2025                                2024                  2025                                       
 ─────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────
  Aerospace components for:                                                                                                                              
  Fixed wing aircraft                               $                       13,206      $         10,631      $                      40,432      30,650  
  Rotorcraft                                                                 5,215                 5,470                             11,538      12,817  
  Commercial space                                                           1,173                 3,928                              4,214       9,288  
  Energy components for power generation units      334                                 529                                           2,048       1,584  
  Commercial product and other revenue                                       2,167                 1,428                              3,773       3,636  
  Total                                             $                       22,095      $         21,986      $                      62,005      57,975  

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

In addition to the disaggregated revenue information provided above, approximately 61 52

Contract Balances

The following table contains a roll forward of