TransDigm

TDG · Industrials · Market cap $69.8B

Q2 FY26 Mar 28, 2026 reported May 5, 2026

Revenue$2.5B +18% year over year

Gross profit$1.5B

Operating profit$1.2B

Net profit$0.5B 21% margin

Numbers and detail

All figures in billions of U.S. dollars, for Q2 FY26 (period ends Mar 28, 2026).
Item	Value	Share of revenue	Year over year
Revenue	2.5	100%	+18%
Power and Control	1.4	56%	+23%
Airframe	1.1	44%	+13%
Cost of revenue	−1	40%
Gross profit	1.5	59% margin	+0pp
SG&A	−0.2	11%	+0pp
Other	−0.1	2%	+0pp
Operating profit	1.2	46% margin	+0pp
Tax	−0.2
Interest & other costs	−0.5
Net profit	0.5	21%	−1pp

All figures in billions of U.S. dollars, for Q1 FY26 (period ends Dec 27, 2025).
Item	Value	Share of revenue	Year over year
Revenue	2.3	100%	+14%
Power and Control	1.2	52%	+19%
Airframe	1	43%	+8%
Cost of revenue	−0.9	39%
Gross profit	1.4	59% margin	−2pp
SG&A	−0.2	11%	+1pp
Other	−0.1	2%	+0pp
Operating profit	1	46% margin	−3pp
Tax	−0.1
Interest & other costs	−0.5
Net profit	0.4	19%	−5pp

All figures in billions of U.S. dollars, for Q4 FY25 (period ends Sep 30, 2025).
Item	Value	Share of revenue	Year over year
Revenue	2.4	100%	+12%
Power and Control	1.3	54%	+14%
Airframe	1.1	46%	+9%
Cost of revenue	−1	42%
Gross profit	1.5	60% margin	+3pp
SG&A	−0.2	11%	−2pp
Other	−0.1	2%	+0pp
Operating profit	1.2	48% margin	+4pp
Tax	−0.1
Interest & other costs	−0.5
Net profit	0.6	25%	+4pp

All figures in billions of U.S. dollars, for Q3 FY25 (period ends Jun 28, 2025).
Item	Value	Share of revenue	Year over year
Revenue	2.2	100%	+9%
Power and Control	1.1	50%	+11%
Airframe	1.1	50%	+9%
Cost of revenue	−0.9	41%
Gross profit	1.3	60% margin	+0pp
SG&A	−0.2	11%	−1pp
Other	−0.1	2%	+0pp
Operating profit	1	46% margin	+1pp
Tax	−0.1
Interest & other costs	−0.4
Net profit	0.5	22%	−1pp

Quarter by quarter

Pick a quarter and the diagram above changes. Bars compare revenue across the quarters we hold.

Quarter	Period	Reported	Revenue	Year over year	Operating margin	Net profit	Net margin
Q2 FY26	Mar 28, 2026	May 5, 2026	$2.5B	+18%	48%	$0.5B	21%
Q1 FY26	Oct 1 – Dec 27, 2025	Feb 3, 2026	$2.3B	+14%	43%	$0.4B	19%
Q4 FY25	Jun 29 – Sep 30, 2025	Nov 12, 2025	$2.4B	+12%	50%	$0.6B	25%
Q3 FY25	Mar 30 – Jun 28, 2025	Aug 5, 2025	$2.2B	+9%	45%	$0.5B	22%