Earnings Releases·Nov 5, 2026, 7:30 AM ET

Curtiss-Wright — Third Quarter 2026 Earnings Summary

Reported Q3 2026 sales of $953 million (up 10% YoY) and adjusted diluted EPS of $3.94 (up 16% YoY), with operating margins expanding to 19.7% and free cash flow conversion at 108%.
Raised full-year 2026 guidance across all key metrics, including adjusted sales growth (8-10%), adjusted operating income growth (12-14%), and adjusted diluted EPS ($15.40-$15.60), driven by strong Aerospace & Defense and Commercial market demand.
New orders reached $1.1 billion (up 15% YoY) with a book-to-bill ratio of 1.1x, while backlog grew 12% year-to-date to $4.6 billion.
Executed $352 million in share repurchases during the quarter and authorized an additional $510 million, bringing total authorization to $700 million, while declaring a $0.26 quarterly dividend.
Segment performance was mixed, with Aerospace & Industrial and Naval & Power posting double-digit growth, while Defense Electronics saw a 5% decline in adjusted operating income due to unfavorable product mix and higher R&D investment.