Quarterly ResultMay 7, 2026, 03:02 PM
Curtiss-Wright Q1 Net Sales +13% to $914M; EPS $3.46, up 29%
AI Summary
Curtiss-Wright reported strong first-quarter 2026 financial results, with net sales increasing by 13% and diluted earnings per share rising by 29% year-over-year. The company saw significant growth across all its segments, particularly in Naval & Power, and improved its operating income margin. Net cash used for operating activities also saw a substantial improvement compared to the prior year.
Key Highlights
- Net sales increased 13.4% to $913.7 million in Q1 2026 from $805.6 million in Q1 2025.
- Diluted earnings per share rose 29.1% to $3.46 in Q1 2026 from $2.68 in Q1 2025.
- Net earnings grew 26.5% to $128.2 million in Q1 2026 from $101.3 million in Q1 2025.
- Operating income increased 23.5% to $159.5 million, with operating margin expanding to 17.5%.
- Naval & Power segment sales increased 20.8% to $402.6 million.
- Aerospace & Industrial segment sales grew 12.1% to $254.9 million.
- Defense Electronics segment sales increased 4.8% to $257.5 million.
- Net cash used for operating activities improved to $(5.7) million from $(38.8) million.
Price Impact
More from CW