Filing Flows › Moog (MOG-A) › Q3 FY26 › vs Q3 FY25
Moog (MOG-A) Q3 FY26 vs Q3 FY25 (year over year)
Moog's revenue rose $147M (+15%) from $970M in Q3 FY25 to $1.1B in Q3 FY26. The biggest changes: Space and Defense +$48.4M (+17%); Industrial +$42.2M (+18%); Commercial Aircraft +$35.9M (+17%). Gross margin 31.1% against 27.5% (+3.6 pts).
Moog, Q3 FY26: revenue $1.1B (+15% year over year), operating margin 15.8%, net earnings $152M, operating cash flow $160M. The chart draws each line against Q3 FY25, the increases inside each band.
Margins
| Q3 FY26 | Q3 FY25 | Change | |
|---|---|---|---|
| Gross margin | 31.1% | 27.5% | +3.6 pts |
| Operating margin | 15.8% | 11.5% | +4.2 pts |
| Net margin | 13.6% | 6.0% | +7.6 pts |
| Free cash flow margin | 11.9% | 9.6% | +2.3 pts |
Every line
| Line | Q3 FY26 | Q3 FY25 | Change | % |
|---|---|---|---|---|
| Space and Defense | $336M | $288M | $48.4M | +17% |
| Industrial | $282M | $240M | $42.2M | +18% |
| Commercial Aircraft | $254M | $218M | $35.9M | +17% |
| Military Aircraft | $245M | $225M | $20.5M | +9% |
| Revenue | $1.1B | $970M | $147M | +15% |
| Gross profit | $347M | $267M | $80.4M | +30% |
| Cost of revenue | $769M | $703M | $66.5M | +9% |
| Operating profit | $176M | $112M | $64.4M | +58% |
| Operating expenses | $171M | $155M | $16.1M | +10% |
| Pre-tax earnings | $137M | $76.4M | $61.1M | +80% |
| Other expense, net | $38.8M | $35.6M | $3.3M | +9% |
| Income tax benefit | $14.6M | −$17.9M | $32.5M | — |
| Net earnings | $152M | $58.5M | $93.5M | +160% |
| Depreciation & amortization | $32.1M | $25.8M | $6.3M | +24% |
| Share-based compensation | $6.2M | $4.6M | $1.5M | +33% |
| Working capital & other | $30.3M | −$36.3M | $66.6M | — |
| Operating cash flow | $160M | $125M | $34.8M | +28% |
| Free cash flow (OCF − capex) | $133M | $92.6M | $39.9M | +43% |
| Capital expenditures | $27.5M | $32.7M | −$5.1M | -16% |
Questions
How much did Moog's revenue grow year over year in Q3 FY26?
Moog's revenue rose $147M (+15%) from $970M in Q3 FY25 to $1.1B in Q3 FY26.
What drove Moog's revenue change in Q3 FY26?
Space and Defense +$48.4M (+17%); Industrial +$42.2M (+18%); Commercial Aircraft +$35.9M (+17%).