The China Business Network reports that Carpenter Technology has recently demonstrated steady financial performance, with business progress focused on the aerospace sector. The company reported revenue of $734 million and net profit of $123 million in the first quarter of fiscal year 2026. Management indicated that aerospace and defense orders increased by 23% quarter-over-quarter, and the operating profit margin of the SAO division reached a record 32% after adjustments.
Performance and Operating Conditions
The company provided specific expectations for the second quarter of fiscal year 2026: SAO division revenue is expected to be between $168 million and $172 million, maintaining the record level set in the first quarter; the full-year adjusted free cash flow guidance remains at $240 million to $280 million.
Business Progress
The core growth driver is concentrated in the aerospace sector, with September 2025 becoming the month with the highest order volume, and long-term agreements signed with five clients.
The above information is compiled from publicly available sources and does not constitute investment advice.
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Carpenter Technology reports FY2026 Q1 results, aerospace orders grow strongly
The China Business Network reports that Carpenter Technology has recently demonstrated steady financial performance, with business progress focused on the aerospace sector. The company reported revenue of $734 million and net profit of $123 million in the first quarter of fiscal year 2026. Management indicated that aerospace and defense orders increased by 23% quarter-over-quarter, and the operating profit margin of the SAO division reached a record 32% after adjustments.
Performance and Operating Conditions
The company provided specific expectations for the second quarter of fiscal year 2026: SAO division revenue is expected to be between $168 million and $172 million, maintaining the record level set in the first quarter; the full-year adjusted free cash flow guidance remains at $240 million to $280 million.
Business Progress
The core growth driver is concentrated in the aerospace sector, with September 2025 becoming the month with the highest order volume, and long-term agreements signed with five clients.
The above information is compiled from publicly available sources and does not constitute investment advice.