TransDigm Group Incorporated filed an 8-K earnings press release on November 10, 2026, reporting fourth-quarter and full fiscal-year 2026 financial results for the period ended September 30, 2026, alongside fiscal 2027 guidance.

Key Highlights

  • Q4 net sales of $2,988 million, up 23% from $2,437 million in the prior year's quarter, with organic sales growth of 14%.
  • Q4 EBITDA As Defined of $1,583 million, up 20% year over year, representing 53.0% of net sales.
  • Q4 adjusted earnings per share of $12.44, up 15% from $10.82 in the comparable prior-year quarter.
  • Full fiscal 2026 net sales of $10,557 million, up 20% from $8,831 million, with EBITDA As Defined of $5,563 million.
  • Prince and Izant acquisition completed September 28, 2026, for approximately $1.07 billion in cash, including certain tax benefits.
  • Q4 share repurchases totaled 820 thousand shares at an average price of $1,150 per share, returning $943 million to shareholders.
  • Fiscal 2027 net sales guidance set in the range of $11,950 million to $12,150 million, representing a 14% increase at the midpoint versus fiscal 2026.

TransDigm Reports Record Fiscal 2026 Capital Deployment and Issues Fiscal 2027 Outlook

According to the filing, TransDigm Group (NYSE:TDG) reported fourth-quarter net income of $586 million, a decrease of $23 million, or 4%, compared with $609 million in the comparable prior-year quarter. The company attributed the decline primarily to higher interest expense from an increase in year-over-year gross debt balance and higher tax expense, partially offset by the increase in net sales and "the application of our operating strategy." Adjusted net income for the quarter increased 12% to $706 million, or $12.44 per share.

For the full fiscal year 2026, the company reported net income of $2,108 million, up $34 million or 2% from $2,074 million in fiscal 2025. Fiscal 2026 adjusted net income rose 10% to $2,383 million, or $41.35 per share, from $2,171 million, or $37.33 per share, in fiscal 2025. The filing noted that GAAP earnings per share were reduced by $1.03 per share in fiscal 2026 due to dividend equivalent payments made pursuant to stock option plans. Full-year EBITDA As Defined margin was 52.7%, which the company disclosed included approximately two percentage points of dilution from recent acquisitions.

On the financing side, the filing disclosed that on September 28, 2026, TransDigm completed a private offering of $3.0 billion of new 6.75% Senior Secured Notes maturing January 2035. Net proceeds were used to repurchase approximately $1.8 billion of its $2.1 billion outstanding 6.75% Senior Secured Notes due 2028 through a concurrent tender offer, with the remainder applied to general corporate purposes. For the full fiscal year 2026, TransDigm repurchased 2.3 million shares at an average price of $1,187 per share, returning $2.8 billion to shareholders. Chief Executive Officer Mike Lisman stated that "fiscal 2026 was a record year for share repurchases totaling approximately $2.8 billion" and that "over $7 billion in capital" was deployed through acquisitions and share repurchases combined.

What Was Disclosed

TransDigm disclosed fourth-quarter and full-year fiscal 2026 financial results, the completion of the Prince and Izant acquisition and a $3.0 billion senior secured notes offering, full-year share repurchase activity, and fiscal 2027 financial guidance including net sales, net income, earnings per share, and EBITDA As Defined ranges.