Moog Reports Record Q3 Fiscal 2026 Earnings with Strong Sales and Guidance Hike
Moog Inc. (NYSE:MOG.A) reported record third-quarter fiscal 2026 sales of $1.1 billion, a 15% increase year over year, driven by strong performance across all four business segments. Adjusted earnings per share reached $3.72, up 60%, with part of the growth attributed to a $30 million tariff refund and underlying demand in defense and industrial markets. The company raised its full-year fiscal 2026 guidance for revenue, adjusted operating margin, adjusted EPS, and free-cash-flow conversion. Adjusted EPS guidance was increased by $1.05 to $11.65 per share, while free cash flow is expected to convert at approximately 70%. Industrial segment growth was particularly notable due to rising demand in data-center cooling pumps. Defense revenue also saw strong gains with missile program sales projected above prior-year levels. CFO Jennifer Walter highlighted that roughly half of the EPS increase came from core business performance, while the other half stemmed from tariff and tax-related benefits.
Tickers: $SKHYV
Topics: aerospace defense free_cash_flow industrial tariffs