Filing Flows › StandardAero (SARO) › Q3 2026 › vs Q2 2026
StandardAero (SARO) Q3 2026 vs Q2 2026 (quarter over quarter)
StandardAero's revenue fell $42.2M (-3%) from $1.6B in Q2 2026 to $1.6B in Q3 2026. The biggest changes: Commercial Aerospace −$94.0M (-10%); Business Aviation +$32.1M (+10%); Military and Helicopter +$20.0M (+7%). Operating margin 10.3% against 10.5% (-0.2 pts).
StandardAero, Q3 2026: revenue $1.6B (+4% year over year), operating margin 10.3%, net earnings $92.8M, operating cash flow $129M. The chart draws each line against Q2 2026, the increases inside each band.
Margins
| Q3 2026 | Q2 2026 | Change | |
|---|---|---|---|
| Operating margin | 10.3% | 10.5% | -0.2 pts |
| Net margin | 6.0% | 6.1% | -0.1 pts |
| Free cash flow margin | 6.3% | 3.2% | +3.1 pts |
Every line
| Line | Q3 2026 | Q2 2026 | Change | % |
|---|---|---|---|---|
| Commercial Aerospace | $860M | $954M | −$94.0M | -10% |
| Business Aviation | $348M | $316M | $32.1M | +10% |
| Military and Helicopter | $293M | $273M | $20.0M | +7% |
| Other | $56.4M | $56.7M | −$307K | -0.5% |
| Revenue | $1.6B | $1.6B | −$42.2M | -3% |
| Operating profit | $161M | $168M | −$7.4M | -4% |
| Costs & expenses | $1.4B | $1.4B | −$34.8M | -2% |
| Pre-tax earnings | $121M | $127M | −$6.6M | -5% |
| Other expense, net | $40.5M | $41.3M | −$776K | -2% |
| Cost of revenue | $1.3B | $1.3B | −$35.4M | -3% |
| SG&A | $75.9M | $75.6M | $277K | +0.4% |
| Other operating costs | $25.0M | $24.7M | $270K | +1% |
| Net earnings | $92.8M | $97.3M | −$4.5M | -5% |
| Income tax | $27.8M | $29.9M | −$2.2M | -7% |
| Depreciation & amortization | $53.7M | $47.0M | $6.6M | +14% |
| Share-based compensation | $6.0M | $6.3M | −$249K | -4% |
| Working capital & other | $23.6M | $78.3M | −$54.7M | -70% |
| Operating cash flow | $129M | $72.3M | $56.6M | +78% |
| Free cash flow (OCF − capex) | $98.2M | $51.3M | $46.9M | +92% |
| Capital expenditures | $30.7M | $21.1M | $9.7M | +46% |
Questions
How much did StandardAero's revenue grow quarter over quarter in Q3 2026?
StandardAero's revenue fell $42.2M (-3%) from $1.6B in Q2 2026 to $1.6B in Q3 2026.
What drove StandardAero's revenue change in Q3 2026?
Commercial Aerospace −$94.0M (-10%); Business Aviation +$32.1M (+10%); Military and Helicopter +$20.0M (+7%).