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StandardAero (SARO) Q3 FY2026 earnings: revenue $1.6 billion, up 4.0% on the year

StandardAero, Inc. (SARO) reported revenue of $1.6 billion for Q3 FY2026, the quarter ended 30 September 2026, up 4.0% on the same quarter a year earlier. Net income was $93 million, up 36.2% on the year, and diluted earnings per share $0.28. The figures are the company's own, from the 10-Q it filed with the SEC on 6 November 2026.

Revenue
$1.6 billion
+4.0% on the year · -2.6% on the quarter
Q4 FY2024Q3 FY2026
Operating margin
10.3%
9.2% a year earlier
Q4 FY2024Q3 FY2026
Net income
$93 million
+36.2% on the year · -4.6% on the quarter
Q4 FY2024Q3 FY2026
Diluted EPS
$0.28
+40.0% on the year · -3.4% on the quarter
Q4 FY2024Q3 FY2026

this quarterthe same quarter a year earlierHover a bar for its figure.

What management said

Guidance figures: 3 raised.

  • Revenue rose 4.0% in quarter: Revenue was $1,557.4 million, up 4.0%, with growth reported across all three end markets compared with the prior year quarter.
  • Adjusted EBITDA grew 15%: Adjusted EBITDA was $224.9 million, up 15.0% from $195.6 million, with an Adjusted EBITDA margin of 14.4%, up 130 basis points.
  • Adjusted EPS rose 30%: Adjusted Diluted EPS was $0.39, up 30.0% from $0.30 in the prior year quarter.
Read the earnings call summary

Income statement (profit and loss)

$ millionQ3 FY2026Q2 FY2026Q3 FY2025On the quarterOn the yearLast 8 quarters
Revenue1,5571,6001,498-2.6%+4.0%
Cost of revenue1,2961,3311,275-2.7%+1.6%
Gross profit262269223-2.6%+17.4%
Gross margin16.8%16.8%14.9%
Selling, general and administrative75.975.660.9+0.4%+24.5%
Operating income161168137-4.4%+17.3%
Operating margin10.3%10.5%9.2%
Interest expense40.541.344.6-1.9%-9.1%
Pre-tax income12112792.8-5.2%+29.9%
Income tax27.829.924.7-7.2%+12.6%
Effective tax rate23.0%23.5%26.6%
Net income92.897.368.1-4.6%+36.2%
Net margin6.0%6.1%4.5%
Diluted EPS$0.28$0.29$0.20-3.4%+40.0%
$ million except per share.
Read moreFree cash flow is operating cash flow less capital expenditure; the effective tax rate is income tax over pre-tax income; margins are the line over revenue. Gross profit is revenue less cost of revenue, and operating income is revenue less the company's own total costs, where the statement does not print those lines. Those four are arithmetic on the filed numbers; everything else is as filed. Money is in $ million as the company files it, or in $ billion by the switch above the tables; per share figures and share counts are as they are.

Cash flow

$ millionQ3 FY2026Q2 FY2026Q3 FY2025On the quarterOn the yearLast 8 quarters
Operating cash flow12972.314.8+78.2%+771.0%
Capital expenditure30.721.119.5+45.8%+57.7%
Free cash flow98.251.3-4.7+91.5%
Free cash flow margin6.3%3.2%-0.3%
Cash from investing-210-55.4-18.7
Cash from financing93.873.59.2+27.7%+918.4%
Depreciation and amortisation53.747.048.1+14.1%+11.6%
Share-based compensation6.06.34.1-4.8%+46.3%
Buybacks50.040.0n/a+25.0%
Diluted shares, weighted331m332m334m-0.4%-1.0%
Shares outstanding at period end329m331m334m-0.7%-1.7%

Cash flow lines for the quarter; where the company files them year to date, the quarter is the difference between two filings.

Balance sheet

$ millionQ3 FY2026Q2 FY2026Q3 FY2025On the quarterOn the yearLast 8 quarters
Shareholders' equity2,8012,7532,585+1.7%+8.4%
Debt2,4712,3252,329+6.3%+6.1%
Operating lease liabilities217212211+2.2%+2.4%
Finance lease liabilities16.816.917.7-0.6%-5.2%
Other liabilities1,5561,5421,506+0.9%+3.3%
Total liabilities and equity7,0616,8506,649+3.1%+6.2%
Fixed assets605589580+2.6%+4.3%
Goodwill1,7111,7111,684-0.0%+1.6%
Intangible assets1,2501,287n/a-2.9%
Cash and equivalents19117997.5+6.9%+96.2%
Receivables913816703+11.9%+29.8%
Inventory753772957-2.5%-21.3%
Other assets1,6391,4962,628+9.6%-37.6%
Total assets7,0616,8506,649+3.1%+6.2%

Questions

What was StandardAero's revenue in Q3 FY2026?

StandardAero (SARO) reported revenue of $1.6 billion for Q3 FY2026, the quarter ended 30 September 2026, up 4.0% on the same quarter a year earlier.

How much did StandardAero earn in Q3 FY2026?

Net income for Q3 FY2026 was $93 million, up 36.2% on the year, and diluted earnings per share $0.28.

When did StandardAero report Q3 FY2026 results?

StandardAero filed its 10-Q for the quarter ended 30 September 2026 with the SEC on 6 November 2026.

Quarterly results, the last 12 quarters

Q3 FY2023Q1 FY2024Q2 FY2024Q3 FY2024Q4 FY2024 *Q1 FY2025Q2 FY2025Q3 FY2025Q4 FY2025 *Q1 FY2026Q2 FY2026Q3 FY2026
Revenue1,0991,2361,3471,2451,4101,4361,5291,4981,6001,6271,6001,557
Cost of revenue9481,0541,1631,0581,2081,2181,2931,2751,3801,3871,3311,296
Gross profit151181185186202218236223220239269262
Gross margin14%15%14%15%14%15%15%15%14%15%17%17%
SG&A53.052.656.262.982.364.576.060.946.371.975.675.9
Operating income74.810610598.094.6129136137149143168161
Operating margin7%9%8%8%7%9%9%9%9%9%11%10%
Interest expense79.277.578.179.947.043.843.844.642.038.241.340.5
Pre-tax income-30.520.126.416.618.685.191.792.8107105127121
Tax raten/a84%80%1%175%26%26%27%27%24%24%23%
Net income-17.93.25.416.4-14.162.967.768.178.679.997.392.8
Net margin-2%0%0%1%-1%4%4%5%5%5%6%6%
Diluted EPS-$0.06$0.01$0.02$0.06-$0.04$0.19$0.20$0.20$0.24$0.24$0.29$0.28
Operating cash flown/a-83.665.4-13.9108-24.02.914.8323-12072.3129
Capital expendituren/a18.526.625.332.525.321.919.515.715.621.130.7
Free cash flown/a-10238.8-39.275.8-49.3-19.0-4.7307-13551.398.2
Buybacksn/an/an/an/an/an/an/an/an/a60.140.050.0
Shares outstanding334m334m334m281m334m334m334m334m334m332m331m329m
Filing10-Q10-Q10-Q10-Q10-K10-Q10-Q10-Q10-K10-Q10-Q10-Q
Each quarter as filed, linked to its filing.
Read more* The fourth quarter is the full year less the first three quarters, because the company files the year and not the quarter on its own. A fourth quarter's EPS, and its diluted share count where shown, are from the company's results press release for that quarter, checked against the company's filed figures or a second data source. Money is in $ million as the company files it, or in $ billion by the switch above the tables; per share figures and the share count are as they are. Free cash flow is operating cash flow less capital expenditure; the effective tax rate is income tax over pre-tax income; margins are the line over revenue. Gross profit is revenue less cost of revenue, and operating income is revenue less the company's own total costs, where the statement does not print those lines. Cash flow lines filed year to date are the difference between two filings. Shares outstanding are at the period end where the balance sheet tags them, otherwise the count on the filing's cover page. A derived fourth-quarter EPS is left blank when a split in the year makes the arithmetic meaningless.

10-Q for the period ended 30 September 2026, filed 6 November 2026: the filing.