Nov 5, 4:20 PM ET
StandardAero reported third-quarter 2026 revenue of $1.56 billion and net income of $92.8 million, representing year-over-year growth across all major end markets. Driven by engine services growth, the company raised its full-year 2026 financial guidance and announced a $350 million accelerated share repurchase under an expanded $1.0 billion buyback authorization.
- Third-quarter 2026 revenue increased 4.0% year-over-year to $1,557.4 million.
- Net income for the quarter rose 36.2% to $92.8 million, with diluted GAAP EPS at $0.28.
- Full-year 2026 guidance was updated to project revenue of $6,525 to $6,645 million and Adjusted EBITDA of $905 to $920 million.
- The Board approved a $560.0 million increase to the share repurchase program, reaching a total authorization of $1.0 billion, alongside a planned $350.0 million accelerated share repurchase agreement.
Read the filing on SEC.gov ↗
Sep 28, 4:51 PM ET
StandardAero announced that Chief Operating Officer Kimberly Ernzen will no longer serve in that role as of September 28, 2026. She will stay employed through December 31, 2026 to support the leadership transition, and the company expects to enter into a transition agreement with her, terms not yet determined.
- Kimberly Ernzen ceases to be Chief Operating Officer effective September 28, 2026
- Ernzen remains employed and supports the leadership transition through December 31, 2026
- Transition agreement terms have not yet been determined by the company
Read the filing on SEC.gov ↗
Aug 6, 4:18 PM ET
StandardAero reported second-quarter 2026 revenue of $1.6 billion, up 4.6% from a year earlier, and net income of $97.3 million, up from $67.7 million. The company raised its full-year 2026 guidance for revenue, Adjusted EBITDA and Adjusted Diluted EPS, though it also changed its Adjusted Diluted EPS and Adjusted Free Cash Flow definitions, which affects how those figures compare with prior periods.
- Revenue was $1,599.7 million for the quarter, up 4.6%; diluted GAAP EPS was $0.29 versus $0.20 a year earlier
- Adjusted EBITDA was $229.9 million, up 12.3%, with an Adjusted EBITDA Margin of 14.4% versus 13.4%
- Full-year 2026 revenue guidance is $6,375 to $6,500 million and Adjusted Diluted EPS guidance is $1.50 to $1.57, with the EPS definition broadened to exclude amortization of all intangible assets, including license-related
- Free cash flow was an inflow of $50.2 million for the quarter, but cash used in operations was $72.3 million
Read the filing on SEC.gov ↗
Jun 2, 7:05 AM ET
StandardAero's Board appointed Lead Independent Director Paul McElhinney as Chief Executive Officer effective October 1, 2026, succeeding Russell Ford, who is retiring as CEO and as Chairman effective January 1, 2027. In a separate Regulation FD disclosure, the company confirmed its full year 2026 guidance, first released May 7, 2026.
- Paul McElhinney becomes CEO on October 1, 2026 and Chairman on January 1, 2027; he is 65 and has a 35-year industry career.
- Russell Ford stays as Executive Chairman through December 31, 2026, and his employment ends on that date or earlier.
- McElhinney's employment agreement sets a $1,100,000 base salary, a $1,000,000 cash sign-on bonus, and a five-year initial term.
- The company confirmed its full year 2026 guidance as of June 2, 2026, unchanged from the May 7, 2026 release.
Read the filing on SEC.gov ↗
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