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Loar Holdings Inc. Reports Q3 2026 Record Results and Upward Revision to 2026 Outlook and Full Year 2027 Outlook

LOAR
  • Loar Holdings Inc. reported record third quarter 2026 net sales of $176.2 million, a 39.0% increase year-over-year.
  • Adjusted EBITDA for the third quarter reached $71.9 million, up 46.5% compared to the prior year quarter.
  • Operating cash flow after capital expenditures for the quarter set a new record, improving 46% over the previous year period.
  • Net income for the third quarter was $19.6 million, down from $27.6 million in the prior year due to higher interest, tax, \& amortization expenses.
  • Year-to-date net sales for the first nine months of 2026 totaled $503.8 million, representing a 38.2% increase.
  • Year-to-date Adjusted EBITDA reached $204.6 million, an increase of 46.8% compared to the same period in 2025.
  • The company raised its full year 2026 outlook for net sales to between $669 million \& $679 million.
  • Revised full year 2026 net income outlook is now between $60 million \& $64 million.
  • Revised full year 2026 Adjusted EBITDA outlook is between $270 million \& $275 million.
  • Full year 2027 net sales outlook is projected between $745 million \& $755 million.
  • Full year 2027 Adjusted EBITDA outlook is projected between $312 million \& $317 million.
  • Defense business growth is expected to be mid-single digits in 2026 \& low-double digits in 2027.
  • Commercial, business jet, \& general aviation OEM growth is projected at high-double digits (19-22%) for 2026 \& low-double digits for 2027.
  • Cash \& cash equivalents increased to $159.3 million as of September 30, 2026, from $84.8 million at the end of 2025.
  • Long-term debt increased to $941.8 million as of September 30, 2026, from $711.3 million at the end of 2025.
  • A conference call regarding the results is scheduled for November 5, 2026, at 11:00 a.m. Eastern Time.