Curtiss-Wright reported second quarter 2026 sales of $924 million, a 5% increase year-over-year. The company posted reported diluted EPS of $4.07 and an adjusted operating margin of 19.4%, an expansion of 110 basis points. Following the strong quarterly performance, Curtiss-Wright raised its full-year 2026 guidance for sales, operating income, operating margin, and EPS.
Key Highlights
- Raised its full-year 2026 adjusted outlook, now expecting sales growth of 8-9% (previously 7-8%) and adjusted diluted EPS of $15.10 to $15.40 (previously $14.90 to $15.30).
- New orders grew 8% year-over-year to $1.1 billion, driving a book-to-bill ratio of 1.16x and increasing backlog 10% since year-end 2025 to $4.5 billion.
- Generated strong free cash flow of $160 million, up 37% from the prior year, with a free cash flow conversion of 116%.