Revenue: As of FY2026 Q1, the actual value is USD 156.09 M, beating the estimate of USD 149.66 M.

EPS: As of FY2026 Q1, the actual value is USD 0.12, missing the estimate of USD 0.13.

EBIT: As of FY2026 Q1, the actual value is USD 33.52 M.

Revenue

• Net sales for the first quarter of 2026 were $156.1 million, marking a 36.1% increase compared to the prior year’s quarter. Organically, net sales rose by 11.4%, or $13.0 million, reaching $127.7 million.

Profitability

• Net income for the quarter was $11.1 million, a decrease from $15.3 million in the prior year’s quarter, primarily due to higher interest, increased non-cash amortization of acquired intangible assets, and non-recurring non-cash recognition of inventory step-up related to acquisitions.
• The net income margin was 7.1%, down from 13.4% in the prior year’s quarter.
• Operating income stood at $33.517 million, an increase from $26.144 million in the prior year’s quarter.
• Adjusted EBITDA grew by 46.6% to $63.2 million compared to the prior year’s quarter.
• The Adjusted EBITDA Margin improved to 40.5% from 37.6% in the prior year’s quarter.

Operating Costs

• Cost of sales was $76.847 million, compared to $54.953 million for the prior year’s quarter.
• Selling, general and administrative expenses amounted to $44.485 million, up from $33.102 million in the prior year’s quarter.
• Net interest expense was $18.710 million, significantly higher than $6.459 million in the prior year’s quarter.

Cash Flow (Three Months Ended March 31)

• Net cash provided by operating activities was $30.915 million in 2026, an increase from $28.360 million in 2025.
• Net cash used in investing activities was -$253.976 million in 2026, compared to -$1.847 million in 2025.
• Capital expenditures were -$4.108 million in 2026, compared to -$1.847 million in 2025.
• Free cash flow for 2026 was $26.807 million, calculated as operating cash flow of $30.915 million minus capital expenditures of $4.108 million.
• Free cash flow for 2025 was $26.513 million, derived from operating cash flow of $28.360 million minus capital expenditures of $1.847 million.

Sales by End-Market (Three Months Ended March 31, 2026)

• Commercial Net Sales totaled $105.735 million, comprising $31.521 million from Commercial aerospace OEM, $43.515 million from Commercial aerospace aftermarket, $19.633 million from Business jet & general aviation OEM, and $11.066 million from Business jet & general aviation aftermarket.
• Defense Net Sales were $40.649 million.
• Other Net Sales amounted to $9.704 million.

Full Year 2026 Outlook – Revised

Loar Holdings Inc. has revised its full-year 2026 outlook. The company increased its net sales guidance to between $645 million and $655 million and Adjusted EBITDA to between $257 million and $262 million, while lowering net income guidance to between $53 million and $57 million and diluted earnings per share to between $0.54 and $0.59. This outlook assumes low-double digit growth for Commercial, Business Jet, and General Aviation OEM and aftermarket, and mid-single digit growth for Defense.