Filing Flows › TransDigm Group (TDG) › Q2 FY26 › vs Q1 FY26
TransDigm Group (TDG) Q2 FY26 vs Q1 FY26 (quarter over quarter)
TransDigm Group's revenue rose $259M (+11%) from $2.3B in Q1 FY26 to $2.5B in Q2 FY26. Gross margin 59.4% against 59.2% (+0.2 pts).
TransDigm Group, Q2 FY26: revenue $2.5B (+18% year over year), operating margin 46.3%, net earnings $536M, operating cash flow $135M. The chart draws each line against Q1 FY26, the increases inside each band.
Margins
| Q2 FY26 | Q1 FY26 | Change | |
|---|---|---|---|
| Gross margin | 59.4% | 59.2% | +0.2 pts |
| Operating margin | 46.3% | 45.6% | +0.7 pts |
| Net margin | 21.1% | 19.5% | +1.6 pts |
| Free cash flow margin | 2.5% | 33.8% | -31.3 pts |
Every line
| Line | Q2 FY26 | Q1 FY26 | Change | % |
|---|---|---|---|---|
| Revenue | $2.5B | $2.3B | $259M | +11% |
| Gross profit | $1.5B | $1.4B | $159M | +12% |
| Cost of revenue | $1.0B | $933M | $100M | +11% |
| Operating profit | $1.2B | $1.0B | $136M | +13% |
| Operating expenses | $333M | $310M | $23.0M | +7% |
| Pre-tax earnings | $700M | $572M | $128M | +22% |
| Other expense, net | $478M | $470M | $8.0M | +2% |
| SG&A | $273M | $254M | $19.0M | +7% |
| Other operating costs | $60.0M | $56.0M | $4.0M | +7% |
| Net earnings | $536M | $445M | $91.0M | +20% |
| Income tax | $164M | $127M | $37.0M | +29% |
| Depreciation & amortization | $105M | $100M | $5.0M | +5% |
| Share-based compensation | $26.0M | $27.0M | −$1.0M | -4% |
| Working capital & other | $532M | −$260M | $792M | — |
| Operating cash flow | $135M | $832M | −$697M | -84% |
| Free cash flow (OCF − capex) | $64.0M | $772M | −$708M | -92% |
| Capital expenditures | $71.0M | $60.0M | $11.0M | +18% |
Questions
How much did TransDigm Group's revenue grow quarter over quarter in Q2 FY26?
TransDigm Group's revenue rose $259M (+11%) from $2.3B in Q1 FY26 to $2.5B in Q2 FY26. Gross margin 59.4% against 59.2% (+0.2 pts).