Filing Flows › TransDigm Group (TDG) › Q1 FY26
TransDigm Group (TDG) Q1 FY26 earnings results (first quarter fiscal 2026)
10-Q filed Feb 3, 2026
TransDigm Group (TDG) reported revenue of $2.3B for the first quarter fiscal 2026 (Q1 FY26), +14% from a year earlier and -6% from the quarter before. Operating margin was 45.6%, net earnings $445M (19.5% of revenue).
TransDigm Group, Q1 FY26: revenue $2.3B (+14% year over year), operating margin 45.6%, net earnings $445M, operating cash flow $832M. The chart follows the revenue to costs, profit and cash.
| Q1 FY26 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $2.3B | -6% | +14% |
| Gross profit | $1.4B | -8% | +9% |
| Operating profit | $1.0B | -10% | +7% |
| Net earnings | $445M | -27% | -10% |
| Operating cash flow | $832M | +64% | +11% |
| Free cash flow | $772M | +75% | +9% |
What changed
Revenue was $2.3B in Q1 FY26, up 14% year over year and down 6% from the previous quarter.
Gross margin was 59.2%, down 2.4 points from a year earlier. Operating profit was $1.0B, a 45.6% margin (down 3.0 points year over year). Of the extra revenue versus a year earlier, 24% reached operating profit, below the 49% margin then. Operating expenses grew 19% against revenue growth of 14%. The fastest-growing cost line was SG&A (+20%). Net earnings were $0.45B, down 10% year over year. The effective tax rate was 22.2%.
Operating cash flow was $0.83B (up 11% year over year), 187% of net earnings. Non-cash charges added back $0.10B of depreciation and amortization and $0.03B of share-based compensation. Working capital and other items added $0.26B. Capital expenditures of $0.06B left free cash flow of $0.77B.
Questions
What was TransDigm Group's revenue in the first quarter fiscal 2026?
TransDigm Group (TDG) reported revenue of $2.3B for the first quarter fiscal 2026 (Q1 FY26), +14% from a year earlier and -6% from the quarter before.
Was TransDigm Group profitable in the first quarter fiscal 2026?
Operating profit was $1.0B (45.6% of revenue) and net earnings $445M.
Source: TransDigm Group 10-Q on SEC EDGAR.