Filing Flows › TransDigm Group (TDG) › Q3 FY26 › vs Q2 FY26
TransDigm Group (TDG) Q3 FY26 vs Q2 FY26 (quarter over quarter)
TransDigm Group's revenue rose $197M (+8%) from $2.5B in Q2 FY26 to $2.7B in Q3 FY26. Gross margin 59.4% against 59.4% (-0.0 pts).
TransDigm Group, Q3 FY26: revenue $2.7B (+22% year over year), operating margin 44.8%, net earnings $540M, operating cash flow $724M. The chart draws each line against Q2 FY26, the increases inside each band.
Margins
| Q3 FY26 | Q2 FY26 | Change | |
|---|---|---|---|
| Gross margin | 59.4% | 59.4% | -0.0 pts |
| Operating margin | 44.8% | 46.3% | -1.5 pts |
| Net margin | 19.7% | 21.1% | -1.4 pts |
| Free cash flow margin | 23.7% | 2.5% | +21.2 pts |
Every line
| Line | Q3 FY26 | Q2 FY26 | Change | % |
|---|---|---|---|---|
| Revenue | $2.7B | $2.5B | $197M | +8% |
| Gross profit | $1.6B | $1.5B | $117M | +8% |
| Cost of revenue | $1.1B | $1.0B | $80.0M | +8% |
| Operating profit | $1.2B | $1.2B | $49.0M | +4% |
| Operating expenses | $401M | $333M | $68.0M | +20% |
| Pre-tax earnings | $713M | $700M | $13.0M | +2% |
| Other expense, net | $514M | $478M | $36.0M | +8% |
| SG&A | $332M | $273M | $59.0M | +22% |
| Other operating costs | $69.0M | $60.0M | $9.0M | +15% |
| Net earnings | $540M | $536M | $4.0M | +0.7% |
| Income tax | $173M | $164M | $9.0M | +5% |
| Depreciation & amortization | $118M | $105M | $13.0M | +12% |
| Share-based compensation | $65.0M | $26.0M | $39.0M | +150% |
| Working capital & other | $1.0M | −$532M | $533M | — |
| Operating cash flow | $724M | $135M | $589M | +436% |
| Free cash flow (OCF − capex) | $650M | $64.0M | $586M | +916% |
| Capital expenditures | $74.0M | $71.0M | $3.0M | +4% |
Questions
How much did TransDigm Group's revenue grow quarter over quarter in Q3 FY26?
TransDigm Group's revenue rose $197M (+8%) from $2.5B in Q2 FY26 to $2.7B in Q3 FY26. Gross margin 59.4% against 59.4% (-0.0 pts).