Ralliant Q3 revenue beats estimates, lifts 2026 outlook
RAL•Ralliant's third-quarter revenue rose 17% year over year to $620 million, beating estimates, while adjusted EPS of $0.93 also topped expectations. The company raised its 2026 revenue outlook to $2.34 billion-$2.36 billion and expects adjusted EPS of $3.10-$3.16.
1. Quarterly results
Ralliant reported third-quarter revenue of $620 million, up 17% year over year and above the $585.66 million analyst consensus. Adjusted EPS was $0.93, compared with the $0.77 estimate; adjusted net earnings were $104 million, above the $82.63 million consensus.
2. Raised outlook
The company expects fourth-quarter revenue of $620 million to $640 million. It raised its 2026 revenue guidance to $2.34 billion-$2.36 billion and forecasts adjusted EPS of $3.10-$3.16.
3. Growth drivers
Ralliant said revenue growth was driven by increased customer investment in defense, power grid modernization and AI enablement. It attributed margin expansion to higher volumes, pricing, increased defense margins and productivity savings; Defense & Space growth was supported by execution against a multi-year backlog and record orders in utilities.
