StandardAero Q3 Revenue Rises 4% to $1.56 Billion: Raises Guidance, Plans $350 Million Accelerated Repurchase
StandardAero, the aviation engine aftermarket services company based in Scottsdale, Maricopa County, Arizona, on November 5 reported third-quarter 2026 results, raised its full-year guidance and announced a $350 million accelerated share repurchase.
Revenue was $1,557.4 million, up 4.0%, with growth across all three major end markets: business aviation up 7.4%, military and helicopter up 7.2% and commercial aerospace up 1.3%. Net income was $92.8 million, up 36.2%, or $0.28 per diluted share, for a 6.0% net income margin. Adjusted diluted EPS was $0.39, up 30%, and adjusted EBITDA was $224.9 million, up 15.0%. Operating cash flow was $128.9 million and adjusted free cash flow was $99.2 million.
By segment, Engine Services revenue was $1,368.8 million, up 3.5%, with adjusted EBITDA of $205.1 million, up 24.0%. Component Repair Services revenue was $188.7 million, up 7.3%, while its adjusted EBITDA fell 9.9% to $48.6 million.
On capital returns, the board on October 28 approved a $560 million increase to the share repurchase program, bringing total authorization to $1.0 billion, with $850 million remaining after about $160.1 million repurchased to date. The company intends to enter a $350 million accelerated share repurchase agreement with Morgan Stanley, after which about $500 million would remain available.
CEO Paul McElhinney said that despite elevated fuel prices and geopolitical uncertainty, adjusted diluted EPS grew 30% and adjusted EBITDA grew 15%, with record 24% adjusted EBITDA growth in Engine Services supporting another increase to full-year guidance.
The company raised full-year 2026 revenue guidance to $6.525 billion to $6.645 billion, adjusted EBITDA guidance to $905 million to $920 million, and adjusted diluted EPS guidance to $1.57 to $1.62. Management discussed the results on a November 5 conference call. (Source: StandardAero)
Source: StandardAero
Published by GSM · USA (original Chinese edition)
Photo: 图：喷气发动机维修作业（资料画面，非该公司设施）。美国海军陆战队经 DVIDS 发布，公共领域，经 Wikimedia Commons。 / Photo: Jet engine maintenance work (file photo, not a company facility). U.S. Marine Corps via DVIDS, public domain, via Wikimedia Commons.
