Carpenter Technology Q3 net income $139.6 million, EPS $2.77; cash flow outlook raised
Carpenter Technology reported third quarter fiscal 2026 results on April 29, 2026, with net income of $139.6 million and diluted EPS of $2.77, up from $95.4 million and $1.88 a year earlier. The company raised its fiscal 2026 adjusted free cash flow outlook to approximately $350 million and expects fiscal 2026 operating income of $700 million to $705 million.
Key points
- Q3 fiscal 2026 net sales were $811.5 million, up from $727.0 million in Q3 fiscal 2025; operating income was $186.5 million versus $137.8 million
- Diluted EPS was $2.77 versus $2.09 in Q2 fiscal 2026 and $1.88 in Q3 fiscal 2025
- Expects fiscal 2026 adjusted free cash flow of approximately $350 million, and operating income of $700 million to $705 million
- Repurchased $133.9 million of stock year to date in fiscal 2026 against a $400.0 million authorization
The filing
Written by AI on Nov 8, 2026, 1:12 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on April 29, 2026.
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.