Curtiss-Wright — Aug 5, 2026 release
Fiscal 2026 second-quarter results · 8-K Item 2.02 · Exhibit 99.1 · 0001628280-26-053847
Showing in the filing
Aerospace & Industrial Operating Income % Change vs 2025 Adjusted
“15 - 17%”
Period
FY2026
Measure
Company-defined measure
Source
Guidance table
All guidance in this release · 45
Sales for FY2026
“8% to 9% growth”
Operating margin for FY2026
“19.1% to 19.3%”
Operating margin change vs prior year for FY2026
“50 to 70 basis points”
Diluted EPS for FY2026
“$15.10 to $15.40”
FCF for FY2026
“$585 to $605 million”
Free cash flow for FY2026
“$585 to $605 million”
Free cash flow conversion for FY2026
“greater than 105%”
Quarterly dividend increase
“an 8% increase in the quarterly dividend, from twenty-four cents ($0.24) per share to twenty-six cents ($0.26) per share”
Quarterly dividend for Q2 FY2027
“$0.26 a share”
Total Sales for FY2026
“$3,768 - $3,813”
Operating Income for FY2026
“$720 - $736”
Operating Income % Change vs 2025 Adjusted for FY2026
“11 - 13%”
Operating Income for FY2025
“11 - 13%”
Free Cash Flow % Change vs 2025 Adjusted for FY2026
“6 - 9%”
Naval & Power Sales % Change vs 2025 Adjusted for FY2026
“10 - 11%”
Aerospace & Industrial Operating Income % Ch… for FY2026
“15 - 17%”
Defense Electronics Operating Income % Chang… for FY2026
“5 - 7%”
Naval & Power Operating Income % Change vs 2… for FY2026
“14 - 16%”
Diluted EPS % Change vs 2025 Adjusted for FY2026
“14 - 16%”
Diluted shares outstanding for FY2026
“37.1”
Effective tax rate for FY2026
“21.5%”
Aerospace & Industrial Operating Margin Change for FY2026
“110 - 130 bps”
Defense Electronics Operating Margin Change for FY2026
“20 - 40 bps”
Naval & Power Operating Margin Change for FY2026
“50 - 70 bps”
Operating Margin for FY2025
“50 - 70 bps”
Aerospace Defense sales growth (% of total s… for FY2026
“12 - 14%”
Aerospace Defense for FY2026
“12 - 14%”
Ground Defense sales growth (% of total sale… for FY2026
“(4 - 6%)”
Ground Defense for FY2026
“(4 - 6%)”
Defense Electronics Sales % Change vs 2025 A… for FY2026
“4 - 6%”
Total Aerospace & Defense sales growth (% of… for FY2026
“7 - 9%”
Naval Defense for FY2026
“7 - 9%”
Total Aerospace & Defense for FY2026
“7 - 9%”
Commercial Aerospace sales growth (% of tota… for FY2026
“10 - 12%”
Commercial Aerospace for FY2026
“10 - 12%”
Power & Process sales growth (% of total sal… for FY2026
“13 - 15%”
Power & Process for FY2026
“13 - 15%”
General Industrial sales growth (% of total … for FY2026
“1 - 3%”
General Industrial for FY2026
“1 - 3%”
Total Commercial sales growth (% of total sa… for FY2026
“8 - 10%”
Total Commercial for FY2026
“8 - 10%”
Aerospace & Industrial Sales % Change vs 202… for FY2026
“8 - 10%”
Total Sales % Change vs 2025 Adjusted for FY2026
“8 - 9%”
Total Curtiss-Wright Sales for FY2026
“8 - 9%”
Total Sales for FY2025
“8 - 9%”
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 Six Months Ended June 30, June 30, 2026 2025 2026 2025 Net cash provided by operating activities $ 181,183 $ 136,585 $ 175,528 $ 97,820 Capital expenditures Capital expenditure additions (29,451) (19,381) (41,283) (35,154) Grant proceeds for capital expenditures 8,528 — 8,528 — Net capital expenditures (20,923) (19,381) (32,755) (35,154) Free cash flow $ 160,260 $ 117,204 $ 142,773 $ 62,666 Free cash flow conversion 116 % 96 % 53 % 27 % Curtiss-Wright Corporation, Page 17 CURTISS-WRIGHT CORPORATION 2026 Guidance As of August 5, 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 $ 1,058 $ 1,070 $ — $ 1,058 $ 1,070 8 - 10% Defense Electronics 1,019 — 1,019 1,055 1,075 — 1,055 1,075 4 - 6% Naval & Power 1,503 — 1,503 1,655 1,668 — 1,655 1,668 10 - 11% Total sales $ 3,498 $ — $ 3,498 $ 3,768 $ 3,813 $ — $ 3,768 $ 3,813 8 - 9% Operating income: Aerospace & Industrial $ 166 $ 4 $ 170 $ 189 $ 194 $ 6 $ 195 $ 200 15 - 17% Defense Electronics 278 — 278 291 298 — 291 298 5 - 7% Naval & Power 231 13 245 277 282 1 278 283 14 - 16% Total segments $ 675 $ 17 $ 693 $ 757 $ 774 $ 7 $ 764 $ 780 Corporate and other (42) — (42) (43) (44) — (43) (44) Total operating income $ 634 $ 17 $ 651 $ 714 $ 729 $ 7 $ 720 $ 736 11 - 13% Interest expense $ (43) $ — $ (43) $ (41) $ (41) $ — $ (41) $ (41) Other income, net 30 — 30 51 51 (17) 34 34 Earnings before income taxes $ 620 $ 17 $ 638 $ 724 $ 739 $ (10) $ 713 $ 728 Provision for income taxes (136) (4) (140) (155) (158) 2 (153) (156) Net earnings $ 484 $ 14 $ 498 $ 569 $ 581 $ (8) $ 560 $ 571 Diluted earnings per share $ 12.87 $ 0.36 $ 13.23 $ 15.31 $ 15.61 $ (0.21) $ 15.10 $ 15.40 14 - 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 % 18.1 % 18.5 % 18.7 % 110 - 130 bps Defense Electronics 27.3 % 27.3 % 27.6 % 27.7 % 27.5 % 27.7 % 20 - 40 bps Naval & Power 15.4 % 16.3 % 16.7 % 16.9 % 16.8 % 17.0 % 50 - 70 bps Total operating mar
later in the release …
the item shown at left
other guidance in this release
Text is the filed exhibit, verbatim.