Quarterly ResultMay 7, 2026, 08:37 AM
Loar Holdings Q1 Net Sales $156.1M, Adj. EBITDA $63.2M; Raises 2026 Outlook
AI Summary
Loar Holdings Inc. reported record first-quarter 2026 results with net sales of $156.1 million, a 36.1% increase, and Adjusted EBITDA of $63.2 million, up 46.6%. Despite a decrease in GAAP net income and diluted EPS due to higher interest, amortization, and inventory step-up, Adjusted Earnings Per Share rose 21.4% to $0.34. The company also raised its full-year 2026 guidance for net sales and Adjusted EBITDA, reflecting strong bookings and backlog.
Key Highlights
- Q1 2026 net sales reached $156.1 million, a 36.1% increase year-over-year.
- Q1 2026 Adjusted EBITDA was $63.2 million, up 46.6% year-over-year, with a margin of 40.5%.
- Q1 2026 net income decreased to $11.1 million from $15.3 million in the prior year.
- Q1 2026 diluted EPS was $0.12, down from $0.16, while Adjusted EPS increased 21.4% to $0.34.
- Revised full-year 2026 net sales guidance to $645M-$655M, up from $640M-$650M.
- Revised full-year 2026 Adjusted EBITDA guidance to $257M-$262M, up from $253M-$258M.
- Commercial aerospace net sales rose to $75.0 million in Q1 2026 from $48.5 million.
- Defense net sales increased to $40.6 million in Q1 2026 from $28.8 million.