Quarterly ResultApr 24, 2026, 11:16 AM
MOOG Inc. Q1 Net Sales Rise 12.6% to $1.05B
AI Summary
MOOG Inc. reported strong financial results for the first quarter ended March 28, 2026. Net sales increased by 12.6% to $1,051.9 million, up from $934.0 million in the prior year's quarter. Gross profit also saw a significant rise of 12.1% to $287.6 million. This growth indicates robust operational performance during the period, despite increases in research and development, and selling, general and administrative expenses.
Key Highlights
- Q1 2026 Net sales: $1,051.9 million, up 12.6% from $934.0 million.
- Q1 2026 Gross profit: $287.6 million, up 12.1% from $256.6 million.
- R&D expenses increased to $26.7 million from $24.5 million.
- SG&A expenses rose to $136.3 million from $133.9 million.