Filing Flows › StandardAero (SARO) › Q1 2026
StandardAero (SARO) Q1 2026 earnings results (first quarter 2026)
10-Q filed May 8, 2026
StandardAero (SARO) reported revenue of $1.6B for the first quarter 2026 (Q1 2026), +13% from a year earlier and +2% from the quarter before. Operating margin was 8.8%, net earnings $79.9M (4.9% of revenue).
StandardAero, Q1 2026: revenue $1.6B (+13% year over year), operating margin 8.8%, net earnings $79.9M, operating cash flow −$120M. The chart follows the revenue to costs, profit and cash.
| Q1 2026 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $1.6B | +2% | +13% |
| Operating profit | $143M | -4% | +11% |
| Net earnings | $79.9M | +2% | +27% |
| Operating cash flow | −$120M | -137% | — |
What changed
Revenue was $1.6B in Q1 2026, up 13% year over year and up 2% from the previous quarter. Commercial Aerospace was the largest line at 58% of revenue. Commercial Aerospace added $0.10B year over year (up 11%), 51% of the total change.
Operating profit was $0.14B, a 8.8% margin (down 0.2 points year over year). Of the extra revenue versus Q1 2025, 7% reached operating profit, below the 9% margin then. Total costs grew 14% against revenue growth of 13%. The fastest-growing cost line was Cost of revenue (+14%). Net earnings were $0.08B, up 27% year over year. The effective tax rate was 23.8%.
Operating cash flow was −$0.12B. Non-cash charges added back $0.05B of depreciation and amortization and $3.5M of share-based compensation. Working capital and other items used $0.25B. Capital expenditures of $0.02B exceeded it, leaving free cash flow of −$0.14B.
Questions
What was StandardAero's revenue in the first quarter 2026?
StandardAero (SARO) reported revenue of $1.6B for the first quarter 2026 (Q1 2026), +13% from a year earlier and +2% from the quarter before.
Was StandardAero profitable in the first quarter 2026?
Operating profit was $143M (8.8% of revenue) and net earnings $79.9M.
Source: StandardAero 10-Q on SEC EDGAR.