10-QPeriod: Q1 FY2026

TransDigm Group INC Quarterly Report for Q1 Ended Dec 27, 2025

Filed February 3, 2026For Securities:TDG

Summary

TransDigm Group Inc. (TDG) reported strong performance for the thirteen-week period ended December 27, 2025. Net sales increased by 13.9% year-over-year to $2.285 billion, driven by both organic growth and contributions from recent acquisitions. The company's strategic acquisitions, including Simmonds and other bolt-on businesses, are integrating well and contributing to the top line. Despite an increase in the cost of sales as a percentage of net sales, largely due to acquisition impacts, gross profit still saw a healthy increase. The company's robust acquisition pipeline was highlighted with significant subsequent events including agreements to acquire Jet Parts Engineering, Victor Sierra Aviation Holdings for approximately $2.2 billion, and Stellant Systems for approximately $960 million. These strategic moves underscore TransDigm's commitment to expanding its highly engineered, proprietary aerospace components portfolio with significant aftermarket content. The company maintained a strong liquidity position, with $3.387 billion in cash and availability on its revolving credit facility, providing ample resources for its ambitious growth and acquisition strategies.

Financial Statements
Beta

Key Highlights

  • 1Net sales surged 13.9% to $2.285 billion, fueled by both organic growth and recent acquisitions.
  • 2Company announced two major subsequent acquisitions, Jet Parts Engineering/Victor Sierra Aviation Holdings ($2.2B) and Stellant Systems ($960M), signaling continued aggressive growth strategy.
  • 3Profitability remains strong, with Income from Operations at $1.042 billion and EBITDA As Defined at $1.197 billion.
  • 4Significant investment in acquisitions, with $907 million in net cash used for investing activities in the period, primarily for the Simmonds acquisition and other smaller businesses.
  • 5Robust liquidity position with $3.387 billion in cash and revolving credit facility availability.
  • 6Diluted EPS decreased to $6.62 from $7.62 in the prior year period, largely due to dividend equivalent payments and an increase in interest expense.
  • 7Inventories increased by $278 million to $2.373 billion, reflecting strategic buildup to support future sales demand.

Frequently Asked Questions