HighGravityData

Curtiss-Wright — Aug 5, 2026 release

Fiscal 2026 second-quarter results · 8-K Item 2.02 · Exhibit 99.1 · 0001628280-26-053847
Open on SEC.gov ↗
Showing in the filing
Naval & Power Operating Income % Change vs 2025 Adjusted
“14 - 16%”
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 margin 18.1 % 18.6 % 18.9 % 19.1 % 19.1 % 19.3 % 50 - 70 bps Free cash flow (3) $ 554   $ —   $ 554   $ 585   $ 605   $ —   $
later in the release …
the item shown at left
other guidance in this release
Text is the filed exhibit, verbatim.