TDG
A pretty solid first-quarter flex
TransDigm came in hotter than expected in Q1 fiscal 2026, with adjusted EPS of $8.23 versus Wall Street’s $8.02. That’s up 5% from a year ago, which is not exactly “move fast and break things,” but it is a nice steady climb for a business built on aircraft parts and pricing power.
Sales are still doing the heavy lifting
Revenue and gross profit both moved in the right direction, with gross profit landing at $1.35 billion, up 9.3% from last year’s quarter. Net income, though, slid to $445 million, which is a reminder that this company’s debt bill is no joke — interest expense jumped 25.7% to $475 million.
The real investor candy: guidance got bumped
Here’s where the stock-pitch crowd perks up: TransDigm lifted fiscal 2026 guidance, now seeing net sales between $9.845 billion and $10.035 billion and higher adjusted EPS. Translation: management isn’t just happy with the quarter, it thinks the rest of the year can keep the engine humming.
The company also bought back nearly 85,000 shares during the quarter at an eye-watering average price of about $1,250 a pop. Big picture: TransDigm is still doing TransDigm things — squeezing profits, leaning into aerospace demand, and reminding investors that even when earnings are good, the debt stack keeps the plot interesting.