Earnings Releases·Nov 10, 2026, 6:32 AM ET

TransDigm Group — Fiscal 2026 Fourth Quarter and Year-End Earnings Summary

Fiscal 2026 net sales rose 20% to $10.56 billion with 11% organic growth, while adjusted net income increased 10% to $2.38 billion; however, GAAP net income rose only 2% to $2.11 billion due to higher interest and tax expenses.
The company issued $3.0 billion in new Senior Secured Notes to fund the $1.8 billion repurchase of 2028 debt and $943 million in share buybacks in Q4, bringing full-year capital deployment to over $7 billion, including the $1.07 billion acquisition of Prince & Izant.
Fiscal 2027 guidance anticipates net sales of $11.95–$12.15 billion and adjusted EPS of $47.09–$47.94, representing midpoints of 14% and 15% growth respectively, with EBITDA As Defined margins expected to stabilize around 52.0%.
Management reported Q4 results exceeded revenue and EBITDA As Defined guidance highs, noting that recent acquisitions diluted full-year EBITDA margins by approximately two percentage points despite strong performance across Commercial OEM, aftermarket, and Defense segments.