StandardAero (SARO) Q1 2026 Earnings Transcript

Motley Fool Transcribing, The Motley Fool

Fri, May 8, 2026 astatine 12:05 PM CDT 38 min read

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DATE

Thursday, May 7, 2026 astatine 5 p.m. ET

CALL PARTICIPANTS

• Chairman and Chief Executive Officer — Russell Ford

• Chief Financial Officer — Daniel Satterfield

• Chief Strategy Officer — Alex Trapp

• Vice President, Investor Relations — R. Bondada

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Full Conference Call Transcript

R. Bondada: Thank you, and bully afternoon, everyone. Welcome to StandardAero's First Quarter 2026 Earnings Call. I'm joined contiguous by Russell Ford, our Chairman and Chief Executive Officer; Dan Satterfield, our Chief Financial Officer; and Alex Trapp, our Chief Strategy Officer. Alongside today's call, you tin find our net merchandise arsenic good arsenic the accompanying presumption connected our website astatine ir.standardaero.com. An audio replay of this telephone volition besides beryllium made available, which you tin entree connected our website oregon by phone. The telephone fig for the audio replay is included successful the property merchandise announcing this call.

Before we begin, arsenic always, I would similar to punctual everyone that today's net merchandise and statements made during this telephone see forward-looking statements nether national securities laws. These statements are taxable to risks and uncertainties that could origin existent results to disagree materially from our expectations and projections. Such risks and uncertainties see the factors acceptable distant successful the net merchandise and successful our filings with the Securities and Exchange Commission, including successful the Risk Factors conception of our yearly study connected Form 10-K for the twelvemonth ended December 31, 2025. We presume nary work to update oregon revise immoderate forward-looking statements, whether arsenic a effect of caller information, aboriginal events oregon otherwise, but arsenic required by law.

Additionally, during today's call, we volition sermon definite non-GAAP fiscal measures specified arsenic adjusted EBITDA, adjusted EBITDA margin, adjusted nett income, adjusted net per share, escaped currency travel and nett indebtedness to adjusted EBITDA leverage ratio. A explanation and reconciliation of these measures to the astir straight comparable GAAP measures tin beryllium recovered successful our net merchandise and successful the appendix to the net descent presumption connected our website astatine ir.standardaero.com. Non-GAAP fiscal measures should beryllium considered successful summation to and not arsenic a substitute for GAAP measures. And with that retired of the way, I would similar present to crook the telephone implicit to Russ.

Russell Ford: Thank you, Rama, and convey you to everyone for joining our telephone today. I'll statesman connected Slide 3 of our net presentation. StandardAero delivered a coagulated commencement to 2026 with double-digit gross maturation crossed each of our 3 large extremity markets. We raised our afloat twelvemonth revenue, adjusted EBITDA and adjusted EPS guidance, repurchased $60 cardinal of our shares successful the archetypal 4th and are contiguous announcing the acquisition of Unified Turbines. Demand crossed our extremity markets stay strong. Our maturation platforms proceed to scale, and our underlying net powerfulness is improving adjacent faster than the header numbers suggest.