StandardAero Posts $1.56 Billion Q3 Revenue and Plans $350 Million Accelerated Buyback

StandardAero reported third-quarter 2026 revenue of $1,557.4 million, up 4.0% from a year earlier, and said it intends to enter a $350.0 million accelerated share repurchase agreement with Morgan Stanley. The results were announced by Business Wire on November 5, 2026.

StandardAero's Quarter and the Morgan Stanley Buyback

Net income for the quarter ended September 30, 2026 was $92.8 million, an increase of 36.2% from $68.1 million a year earlier, and diluted GAAP earnings per share were $0.28. Adjusted diluted earnings per share were $0.39, up 30.0% from $0.30, and adjusted EBITDA was $224.9 million, up 15.0% from $195.6 million. Adjusted EBITDA margin was 14.4% versus 13.1% in the prior-year quarter, a 130 basis point increase.

Revenue growth came from all three major end markets: business aviation grew 7.4%, military and helicopter grew 7.2%, and commercial aerospace grew 1.3%. Engine Services segment revenue was $1,368.8 million, up 3.5%, and segment adjusted EBITDA rose 24.0% to $205.1 million. Component Repair Services revenue was $188.7 million, up 7.3%, while segment adjusted EBITDA fell 9.9% to $48.6 million.

On October 28, 2026, the board approved a $560.0 million increase to the share repurchase program, bringing the total authorization to $1.0 billion. StandardAero has repurchased approximately $160.1 million of common shares to date, including $50.1 million in the third quarter, leaving $850.0 million available. Following completion of the accelerated share repurchase, approximately $500.0 million will remain available. TradingView noted that Engine Services growth lifted results and full-year 2026 guidance, with the $350 million repurchase planned.

"Our third-quarter results demonstrate the resilience of our diversified portfolio," said Paul McElhinney, StandardAero's Chief Executive Officer. "With a healthy backlog, long-term visibility and continued progress in deleveraging, we intend to enter into a $350 million accelerated share repurchase and the Board has increased our share repurchase authorization to $1.0 billion."

StandardAero's Raised 2026 Outlook

StandardAero raised its full-year 2026 guidance to revenue of $6,525 million to $6,645 million, adjusted EBITDA of $905 million to $920 million, adjusted free cash flow of $270 million to $300 million and adjusted diluted earnings per share of $1.57 to $1.62. The revenue range includes the effect of eliminating approximately $300 million in material pass-through revenue.

StandardAero's Path to the Quarter

In October 2026, Air Corsica selected StandardAero to provide CFM International LEAP-1A engine maintenance, repair and overhaul services for its Airbus A320neo fleet, Stock Titan reported. Earlier that month, StandardAero won an Air Force contract to apply its Maintenance Insight predictive maintenance tools to the F100-220 engine program, which powers more than 175 F-15 aircraft, according to Stock Titan. In June 2026, StandardAero announced that Paul McElhinney would become CEO effective October 1, 2026, succeeding Russell Ford, according to akta.pro company records.

What Comes Next for StandardAero

StandardAero said it intends to enter the accelerated share repurchase agreement with Morgan Stanley to repurchase $350.0 million of its common shares. The company hosted a conference call on November 5 at 5:00 PM ET to discuss the results, with a replay available until 11:59 PM ET on November 19, 2026.