StandardAero posted 4.0% third-quarter revenue growth and 36.2% net income growth. Nine-month revenue rose 7.2%, while the board expanded share repurchase authorization to $1.0 billion and plans a $350.0 million accelerated repurchase.
SARO · StandardAero, Inc.
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StandardAero raised full-year 2026 guidance and increased its share repurchase authorization to over $1 billion, while announcing a $350 million accelerated share repurchase; third-quarter revenue grew 4% to $1.56 billion and adjusted EBITDA rose 15% to $225 million.
StandardAero, Inc. reported Third Quarter 2026 net income of $92.8 million, up 36.2% year over year, and raised full year 2026 Adjusted EBITDA guidance to $905 to $920 million. It intends a $350.0 million accelerated share repurchase.
StandardAero, Inc. announced Kimberly Ernzen will no longer serve as Chief Operating Officer effective September 28, 2026, remain employed supporting leadership transition through December 31, 2026, and expects a transition agreement with terms not yet determined.
Metrics snapshot
Useful current figures from the complete screener profile.
Quarterly results
* Q4 derived as the full year minus Q1 to Q3.
AI Brief
Q3 FY26 earnings call · Nov 5, 2026TL;DR. Q3 revenue, net income, adjusted EPS, adjusted EBITDA and adjusted EBITDA margin improved; management raised full-year guidance, reiterated 36% adjusted free cash flow growth guidance, expanded the buyback and cited robust commercial-aerospace demand with visibility into 2028. Component Repair Services adjusted EBITDA and margin declined, profitability was pressured by unfavorable mix and military-program timing, and military repair delays, constrained material availability, reduced top-line growth from pass-through eliminations and expected Q4 Engine Services margin dilution remained headwinds.
- + Q3 adjusted diluted EPS increased 30.0% to $0.39, adjusted EBITDA increased 15.0% to $224.9 million, and adjusted EBITDA margin expanded 130 basis points to 14.4%.
- + Full-year revenue, adjusted EBITDA and adjusted EPS growth guidance was raised, while 36% adjusted free cash flow growth guidance was reiterated.
- + The share repurchase authorization was increased above $1 billion alongside a $350 million accelerated share repurchase.
- + Commercial aerospace engine-aftermarket demand remains robust, with revenue visibility extending into 2028.
- + LEAP reached profitability, and management remains on track for annual LEAP revenue above $1 billion by the end of the decade.
- + Q3 revenue increased 4.0% to $1,557.4 million and net income increased 36.2% to $92.8 million.
- − Military repair activity faced delays in material inputs and repair work, particularly on training-related platforms.
- − Material availability remained constrained across the company’s engine programs.
- − Elimination of low-to-no-margin pass-through revenue temporarily reduced top-line growth.
- − Q4 Engine Services margin was expected to face dilution from higher LEAP and CFM56 DFW program volumes, while Q3’s used-serviceable-material benefit was not expected to recur at the same level.
- − Component Repair Services profitability was pressured by unfavorable mix and the timing of certain military programs.
AI-generated from the earnings call and 8-K · may contain errors · not investment advice
Equibles Rating
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Guidance & track record
Still-open targets the latest release did not restate under the same label.
Guidance from company 8-Ks · delivered figures from as-reported statements · no analyst estimates involved.
Technicals
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Key metrics
the company's own KPIs, from written earnings releases and filings| Metric | Latest | Period | YoY |
|---|---|---|---|
| Adjusted Diluted EPS non-GAAP | $0.74 | Six months ended June 30, 2026 | — |
| Adjusted EBITDA non-GAAP | $229.9M | Second Quarter 2026 | — |
GAAP → non-GAAP reconciliationGAAP Net income 97.28M
+29.93M Income tax expense
+47.04M Depreciation and amortization
+41.28M Interest expense
+3.7M Business transformation costs (LEAP and CFM)
+6.27M Non-cash stock compensation expense
+346K Integration costs and severance
+0K Secondary offering costs
+4.04M Other
= Adjusted EBITDA 229.88M
|
|||
| Adjusted EBITDA Margin non-GAAP | 13.4% | Six months ended June 30, 2026 | — |
| Adjusted Net Income non-GAAP | $247.9M | Six months ended June 30, 2026 | — |
| Component Repair Services Segment Adjusted EBITDA non-GAAP | $103.6M | Six months ended June 30, 2026 | — |
| Component Repair Services Segment Adjusted EBITDA Margin non-GAAP | 27.7% | Six months ended June 30, 2026 | — |
| Engine Services Segment Adjusted EBITDA non-GAAP | $204.2M | Second Quarter 2026 | — |
| Engine Services Segment Adjusted EBITDA Margin non-GAAP | 13.4% | Six months ended June 30, 2026 | — |
| Free cash flow non-GAAP | -$83.52M | Six months ended June 30, 2026 | — |
| LTM Adjusted EBITDA non-GAAP | $838.4M | June 30, 2026 | — |
| Segment Adjusted EBITDA non-GAAP | 255.41M | Three months ended June 30, 2026 | — |
Figures exactly as the company stated them in writing · click a metric with a to chart its history · period links open the stating document · "filing" marks figures stated in the 10-K/10-Q · YoY needs an exactly comparable prior-year period
Versus peers
Aerospace & Defense — same industry group| Company | Mkt cap | YTD | Rev growth Y/Y | P/E | Short % shares |
|---|---|---|---|---|---|
|
SARO
this stock
StandardAero, Inc.
|
$9.10B | -3.3% | +15.8% | 26.4 | 8.4% |
|
SPCX
Space Exploration Technologies Corp
|
$1.89T | — | — | — | 1.0% |
|
GE
General Electric Co
|
$342.88B | +7.7% | +18.5% | 38.3 | 1.2% |
|
RTX
RTX Corp
|
$267.97B | +8.3% | +17.1% | 32.2 | 1.0% |
|
EADSF
Airbus SE
|
$178.35B | -3.2% | — | — | 0.1% |
Peers by industry group · P/E from as-reported trailing EPS · short % is of shares outstanding
At a glance
key data from every section- Filed
- Nov 6, 2026
- This year
- 19
StandardAero posted 4.0% third-quarter revenue growth and 36.2% net income growth. Nine-month revenue rose 7.2%, while the board expanded share repurchase authorization to $1.0 billion and plans a $350.0 million accelerated repurchase.
ViewPerformance
| 5D | 20D | 120D | MTD | YTD | |
|---|---|---|---|---|---|
| SARO | +0.4% | +30.1% | +2.5% | +18.6% | -3.3% |
| SPY | +2.6% | -1.2% | +0.5% | -0.2% | +10.6% |
| vs SPY | -2.2% | +31.3% | +2.0% | +18.8% | -13.9% |
Capital returns
Dividends per share over the trailing 365 days by ex-date · buyback figures as last reported in SEC filings ("spent" derived as authorized − remaining; when several programs run concurrently, authorized is their combined total per the newest filing) · components shown separately — trailing-year buyback spend isn't tracked, so no combined shareholder yield is derived.