Quarterly ResultMay 8, 2026, 06:08 AM
StandardAero Q1 Revenue +13.3% to $1.63B; Net Income +27.0% to $79.9M
AI Summary
StandardAero reported strong first-quarter 2026 financial results, with revenue increasing by 13.3% to $1.63 billion and net income rising 27.0% to $79.9 million compared to the prior year. The company also completed a share repurchase of 1.64 million shares for $60.06 million in January 2026. Despite an increase in net cash used in operating activities, the company's core business segments showed robust growth across commercial aerospace and business aviation markets.
Key Highlights
- Q1 2026 Revenue increased 13.3% to $1.63 billion from $1.44 billion in Q1 2025.
- Q1 2026 Net Income rose 27.0% to $79.9 million, up from $62.9 million in Q1 2025.
- Basic Earnings Per Share for Q1 2026 was $0.24, a 26.3% increase from $0.19 in Q1 2025.
- Operating income for Q1 2026 grew 11.0% to $143.1 million from $128.9 million in Q1 2025.
- Engine Services revenue increased 14.1% to $1.45 billion, and Component Repair Services revenue rose 7.4% to $179.7 million.
- Commercial Aerospace revenue grew 11.4% to $950.3 million, and Business Aviation revenue increased 19.6% to $338.9 million.
- The company repurchased 1.64 million shares of common stock for $60.06 million in January 2026.
- Net cash used in operating activities was $119.6 million in Q1 2026, compared to $24.0 million in Q1 2025.