Quarterly ResultMay 21, 2026, 04:48 PM
CAE FY2026 Revenue $4.9B; Targets $125M-$150M Savings by FY2030
AI Summary
CAE Inc. reported its fourth quarter and full fiscal year 2026 results, with full-year revenue reaching $4.9 billion, a 4% increase, and adjusted EPS of $1.20. The company also announced a comprehensive transformation plan targeting $125 million to $150 million in annual run-rate savings and $950 million to $1 billion in adjusted segment operating income by fiscal 2030. While FY2026 performance was solid despite a softer civil training market, the company anticipates FY2027 to be an execution year with low-single digit revenue growth and temporary lower profitability in Civil due to transformation-related costs.
Key Highlights
- CAE targets $125M-$150M annual run-rate savings by FY2030 from its transformation plan.
- CAE targets $950M-$1B adjusted segment operating income by FY2030 with 100% cash conversion.
- Full-year FY2026 revenue was $4.9B (+4%), diluted EPS $0.97 (-24%), and adjusted EPS $1.20 (-1%).
- Q4 FY2026 revenue was $1,326.7M (+4%), diluted EPS $0.23 (-45%), and adjusted EPS $0.42 (-11%).
- FY2027 outlook projects low-single digit revenue growth and adjusted EPS of $1.21-$1.28.
- Civil Aviation FY2026 revenue was $2,741.6M (+1%); Defense revenue was $2,172.4M (+9%).
- Net debt-to-adjusted EBITDA was 2.29x at the end of FY2026.
- CAE repurchased 85,100 common shares for $3.1M in Q4 FY2026.
Price Impact
More from CAE