Carpenter Technology Corp Q3 FY2026 Earnings Call

Carpenter Technology Corp (CRS)

Earnings Call FY2026 Q3 Call date: 2026-04-29 Concluded

Quarter scorecard

Revenue

$811.50M

+11.6% YoY

Diluted EPS

$2.77

+47.3% YoY

Gross margin

31.0%

+3.4 pp YoY

Net income

$139.60M

+46.3% YoY

Aerospace and Defense Markets $534.20M

+17.5%

Industrial and Consumer Markets $97.00M

+7.2%

Energy Market $69.00M

+48.7%

Medical Market $65.80M

-22.6%

Transportation Market $24.70M

-12.1%

Distribution Market $20.80M

-6.7%

Buybacks (derived)

$52.70M

from the 8-K filed Apr 29, 2026

Metric	Period	Guided	Basis
Operating income Initiated fourth quarter of fiscal year 2026	fourth quarter of fiscal year 2026	$205M – $210M	—
Operating income Initiated fiscal year 2026	fiscal year 2026	$700M – $705M	—
Adjusted free cash flow Initiated fiscal year 2026	fiscal year 2026	at least $350M	Non-GAAP