Filing Flows › Carpenter Technology (CRS) › Q1 FY27 › vs Q1 FY26
Carpenter Technology (CRS) Q1 FY27 vs Q1 FY26 (year over year)
Carpenter Technology's revenue rose $64.5M (+9%) from $734M in Q1 FY26 to $798M in Q1 FY27. The biggest changes: Aerospace and Defense +$63.7M (+14%); Industrial and Consumer +$9.8M (+11%); Medical −$9.0M (-12%). Gross margin 32.1% against 29.5% (+2.6 pts).
Carpenter Technology, Q1 FY27: revenue $798M (+9% year over year), operating margin 24.6%, net earnings $162M, operating cash flow $52.8M. The chart draws each line against Q1 FY26, the increases inside each band.
Margins
| Q1 FY27 | Q1 FY26 | Change | |
|---|---|---|---|
| Gross margin | 32.1% | 29.5% | +2.6 pts |
| Operating margin | 24.6% | 20.9% | +3.7 pts |
| Net margin | 20.4% | 16.7% | +3.7 pts |
Every line
| Line | Q1 FY27 | Q1 FY26 | Change | % |
|---|---|---|---|---|
| Aerospace and Defense | $535M | $471M | $63.7M | +14% |
| Industrial and Consumer | $103M | $92.9M | $9.8M | +11% |
| Medical | $65.5M | $74.5M | −$9.0M | -12% |
| Energy | $46.5M | $54.7M | −$8.2M | -15% |
| Transportation | $26.8M | $22.8M | $4.0M | +18% |
| Distribution | $22.1M | $17.9M | $4.2M | +23% |
| Revenue | $798M | $734M | $64.5M | +9% |
| Gross profit | $256M | $216M | $39.9M | +18% |
| Cost of revenue | $542M | $517M | $24.6M | +5% |
| Operating profit | $196M | $153M | $43.1M | +28% |
| Operating expenses | $59.9M | $63.1M | −$3.2M | -5% |
| Pre-tax earnings | $192M | $145M | $47.6M | +33% |
| Other expense, net | $4.0M | $8.5M | −$4.5M | -53% |
| Net earnings | $162M | $122M | $40.0M | +33% |
| Income tax | $29.9M | $22.3M | $7.6M | +34% |
| Depreciation & amortization | $36.6M | $36.0M | $600K | +2% |
| Share-based compensation | $6.4M | $5.6M | $800K | +14% |
| Working capital & other | $153M | $125M | $27.8M | +22% |
| Operating cash flow | $52.8M | $39.2M | $13.6M | +35% |
| Capital expenditures | $77.7M | $42.6M | $35.1M | +82% |
| Negative free cash flow (OCF − capex) | $24.9M | $3.4M | $21.5M | +632% |
Questions
How much did Carpenter Technology's revenue grow year over year in Q1 FY27?
Carpenter Technology's revenue rose $64.5M (+9%) from $734M in Q1 FY26 to $798M in Q1 FY27.
What drove Carpenter Technology's revenue change in Q1 FY27?
Aerospace and Defense +$63.7M (+14%); Industrial and Consumer +$9.8M (+11%); Medical −$9.0M (-12%).