Filing Flows › Moog (MOG-A) › Q1 FY26
Moog (MOG-A) Q1 FY26 earnings results (first quarter fiscal 2026)
10-Q filed Jan 30, 2026
Moog (MOG-A) reported revenue of $1.1B for the first quarter fiscal 2026 (Q1 FY26), +21% from a year earlier and +5% from the quarter before. Operating margin was 12.3%, net earnings $78.9M (7.2% of revenue).
Moog, Q1 FY26: revenue $1.1B (+21% year over year), operating margin 12.3%, net earnings $78.9M, operating cash flow −$44.8M. The chart follows the revenue to costs, profit and cash.
| Q1 FY26 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $1.1B | +5% | +21% |
| Gross profit | $294M | +2% | +20% |
| Operating profit | $135M | +8% | +31% |
| Net earnings | $78.9M | +22% | +37% |
| Operating cash flow | −$44.8M | -119% | — |
What changed
Revenue was $1.1B in Q1 FY26, up 21% year over year and up 5% from the previous quarter. Space and Defense was the largest line at 29% of revenue. Space and Defense added $0.08B year over year (up 31%), 40% of the total change.
Gross margin was 26.7%, down 0.3 points from a year earlier. Operating profit was $0.14B, a 12.3% margin (up 0.9 points year over year). Of the extra revenue versus a year earlier, 17% reached operating profit, above the 11% margin then. Operating expenses grew 12% against revenue growth of 21%. Net earnings were $0.08B, up 37% year over year. The effective tax rate was 22.1%.
Operating cash flow was −$0.04B. Non-cash charges added back $0.03B of depreciation and amortization and $5.0M of share-based compensation. Working capital and other items used $0.16B. Capital expenditures of $0.03B exceeded it, leaving free cash flow of −$0.08B.
Questions
What was Moog's revenue in the first quarter fiscal 2026?
Moog (MOG-A) reported revenue of $1.1B for the first quarter fiscal 2026 (Q1 FY26), +21% from a year earlier and +5% from the quarter before.
Was Moog profitable in the first quarter fiscal 2026?
Operating profit was $135M (12.3% of revenue) and net earnings $78.9M.
Source: Moog 10-Q on SEC EDGAR.