Triumph Group (TGI) Q4 2025 earnings summary

Executive summary

• Achieved twelfth consecutive quarter of year-over-year sales growth, with strong aftermarket and OEM demand.

• Net sales for Q4 FY25 were $377.9M (up 5% YoY); full year net sales reached $1.26B (up 6% YoY).

• Announced definitive agreement to be acquired by Warburg Pincus and Berkshire Partners for ~$3B enterprise value.

Financial highlights

• Q4 FY25 operating income was $59.6M (16% margin); adjusted operating income $68.9M (18% margin).

• Q4 income from continuing operations was $28.2M ($0.36/diluted share); adjusted income $37.5M ($0.48/share).

• FY25 operating income was $139.4M (11% margin); adjusted operating income $170.4M (13% margin).

• FY25 income from continuing operations was $35.9M ($0.46/share); adjusted income $72.2M ($0.93/share).

• Q4 adjusted EBITDAP was $78.4M (21% margin); FY25 adjusted EBITDAP $204.5M (16% margin).

• Q4 cash flow from operations was $147.7M; free cash flow $144.0M. FY25 cash flow from operations $37.9M; free cash flow $18.8M.

Outlook and guidance

• Suspended quarterly earnings calls and will not provide FY26 financial guidance due to pending acquisition.