TransDigm lifts 2026 forecast on robust aftermarket aircraft parts demand
TDG•Details on guidance, demand and results
- The Cleveland, Ohio-based company now sees 2026 adjusted per share profit between $40.62 and $41.46, compared with its prior range of $38.83 to $40.21.
- The company continued to benefit from resilient demand for high-margin commercial aftermarket products, particularly as airlines keep older aircraft in service longer amid supply-chain constraints and delivery delays.
- Bookings continued to outpace shipments across key end-markets, supporting revenue visibility for the remainder of the year.
- TransDigm projects full-year revenue in the range of $10.47 billion to $10.55 billion, up from its previous forecast ranging $10.30 billion to $10.42 billion.
- The company has been aggressively investing in acquiring aerospace suppliers that fit its strategy of owning proprietary products with recurring aftermarket revenue streams, including Prince & Izant, Jet Parts Engineering and Victor Sierra Aviation.
- TransDigm's adjusted profit came in at $10.87 per share for the quarter ended June 27, compared with the average of analysts' estimates of $10.30 per share, according to data compiled by LSEG.
- Its third-quarter revenue rose more than 22% from a year ago to $2.74 billion, compared with estimates of $2.68 billion.
