Curtiss-Wright — May 6, 2026 release
Fiscal 2026 first-quarter results · 8-K Item 2.02 · Exhibit 99.1 · 0001628280-26-031693
Showing in the filing
Naval & Power Sales, Chg vs 2025 Adjusted
“9 - 11%”
Period
FY2026
Measure
Company-defined measure
Source
Guidance table
All guidance in this release · 31
Sales for FY2026
“7% to 8% growth”
Operating margin for FY2026
“19.0% to 19.2%”
Diluted EPS for FY2026
“$14.90 to $15.30”
Free cash flow (FCF) for FY2026
“$580 million to $600 million”
Quarterly dividend
“$0.24 a share”
Total Sales for FY2026
“$3,740 - $3,795”
Total operating income for FY2026
“$712 - $729”
Total operating income, Chg vs 2025 Adjusted for FY2026
“9 - 12%”
Operating Income for FY2025
“9 - 12%”
Diluted earnings per share for FY2026
“$14.90 - $15.30”
Free cash flow, Chg vs 2025 Adjusted for FY2026
“5 - 8%”
Naval & Power Sales, Chg vs 2025 Adjusted for FY2026
“9 - 11%”
Diluted earnings per share, Chg vs 2025 Adju… for FY2026
“13 - 16%”
Diluted shares outstanding for FY2026
“37.1”
Effective tax rate for FY2026
“21.5%”
Aerospace & Industrial Operating margin, Chg… for FY2026
“100 - 120 bps”
Defense Electronics Operating margin, Chg vs… for FY2026
“0 - 20 bps”
Naval & Power Operating margin, Chg vs 2025 … for FY2026
“40 - 60 bps”
Operating Margin for FY2025
“40 - 60 bps”
Aerospace Defense Sales Growth for FY2026
“11 - 13%”
Ground Defense Sales Growth for FY2026
“(4 - 6%)”
Defense Electronics Operating Income, Chg vs… for FY2026
“4 - 6%”
Commercial Aerospace Sales Growth for FY2026
“10 - 12%”
Aerospace & Industrial Operating Income, Chg… for FY2026
“13 - 15%”
Power & Process Sales Growth for FY2026
“13 - 15%”
Total Commercial Sales Growth for FY2026
“8 - 10%”
Aerospace & Industrial Sales, Chg vs 2025 Ad… for FY2026
“6 - 8%”
Total Aerospace & Defense Sales Growth for FY2026
“6 - 8%”
Total Sales, Chg vs 2025 Adjusted for FY2026
“7 - 8%”
Total Curtiss-Wright Sales Growth for FY2026
“7 - 8%”
Total Sales for FY2025
“7 - 8%”
Exhibit 99.1 · the passage around this item
… earlier in the release
CURTISS-WRIGHT CORPORATION and SUBSIDIARIES NON-GAAP FINANCIAL DATA (UNAUDITED) ($'s in thousands) Three Months Ended March 31, 2026 2025 Net cash used for operating activities $ (5,655) $ (38,765) Capital expenditures (11,832) (15,773) Free cash flow $ (17,487) $ (54,538) Free cash flow conversion (14 %) (51 %) Curtiss-Wright Corporation, Page 16 CURTISS-WRIGHT CORPORATION 2026 Guidance As of May 6, 2026 ($'s in millions, except per share data) 2025 Reported (GAAP) 2025 Adjustments (Non-GAAP) (1) 2025 Adjusted (Non-GAAP) (1) 2026 Reported Guidance (GAAP) 2026 Adjustments (Non-GAAP) (2) 2026 Adjusted Guidance (Non-GAAP) (2) Low High Low High Chg vs 2025 Adjusted Sales: Aerospace & Industrial $977 $— $977 $1,040 $1,055 $— $1,040 $1,055 6 - 8% Defense Electronics 1,019 — 1,019 1,055 1,075 — 1,055 1,075 4 - 6% Naval & Power 1,503 — 1,503 1,645 1,665 — 1,645 1,665 9 - 11% Total sales $3,498 $— $3,498 $3,740 $3,795 $— $3,740 $3,795 7 - 8% Operating income: Aerospace & Industrial $166 $4 $170 $186 $190 $6 $192 $196 13 - 15% Defense Electronics 278 — 278 288 296 — 288 296 4 - 6% Naval & Power 231 13 245 275 280 1 276 281 13 - 15% Total segments $675 $17 $693 $749 $766 7 $756 $773 Corporate and other (42) — (42) (43) (44) — (43) (44) Total operating income $634 $17 $651 $706 $722 $7 $712 $729 9 - 12% Interest expense $(43) $— $(43) $(42) $(41) $— $(42) $(41) Other income, net 30 — 30 33 34 — 33 34 Earnings before income taxes 620 17 638 697 715 7 704 723 Provision for income taxes (136) (4) (140) (149) (153) (2) (151) (155) Net earnings $484 $14 $498 $548 $562 $5 $553 $567 Diluted earnings per share $12.87 $0.36 $13.23 $14.76 $15.16 $0.14 $14.90 $15.30 13 - 16% Diluted shares outstanding 37.6 37.6 37.1 37.1 37.1 37.1 Effective tax rate 21.9% 21.9% 21.5% 21.5% 21.5% 21.5% Operating margins: Aerospace & Industrial 17.0% 17.4% 17.9% 18.0% 18.4% 18.6% 100 - 120 bps Defense Electronics 27.3% 27.3% 27.3% 27.5% 27.3% 27.5% 0 - 20 bps Naval & Power 15.4% 16.3% 16.7% 16.8% 16.7% 16.9% 40 - 60 bps Total operating margin 18.1% 18.6% 18.9% 19.0% 19.0% 19.2% 40 - 6
later in the release …
the item shown at left
other guidance in this release
Text is the filed exhibit, verbatim.