CAE Reports Q1 2027 Earnings with Revenue Growth and Free Cash Flow Improvement
CAE reported first-quarter earnings for fiscal year 2027 on August 13, 2026. The company achieved revenue of $1,173.4 million, a 6.8% increase from the prior year driven by higher business aviation training and increased Defense activity in North America. Adjusted EPS remained flat at $0.26 compared to last year due to segment profitability growth being offset by elevated SG&A expenses. Free cash flow improved significantly to $104 million, up sharply from negative $134.7 million the previous year, attributed to better noncash working capital contributions and reduced capital expenditures. The company's transformation plan is progressing with a target of achieving annual run-rate savings between $125 million and $150 million by fiscal 2030 through labor productivity improvements and footprint consolidation.
Tickers: $CAE