Global Finance News
14 Feb 2026, 10:24
CAE reported third-quarter fiscal 2026 revenue of $1.25 billion, up 2% year over year. Earnings per share were $0.34 versus $0.53 last year, while adjusted EPS increased 17% to $0.34. Net debt-to-adjusted EBITDA improved to 2.30x, ahead of the company’s 2.50x fiscal year-end target.
Operating income was $195.8 million (15.6% margin), compared to $262.6 million a year ago, which included a one-time gain. Adjusted segment operating income rose 3% to $195.8 million.
Civil Aviation revenue declined 5% to $717 million, with adjusted operating income of $142 million (19.8% margin), reflecting softer demand and transformation-related actions. Defense revenue increased 14% to $535 million, with operating income rising to $54 million (10.1% margin), marking margin expansion above 10% for the first time in over six years.
Order intake totaled $1.14 billion, with backlog at $19.2 billion. The company said near-term Civil softness is largely offset by stronger Defense performance as transformation initiatives progress.
Operating income was $195.8 million (15.6% margin), compared to $262.6 million a year ago, which included a one-time gain. Adjusted segment operating income rose 3% to $195.8 million.
Civil Aviation revenue declined 5% to $717 million, with adjusted operating income of $142 million (19.8% margin), reflecting softer demand and transformation-related actions. Defense revenue increased 14% to $535 million, with operating income rising to $54 million (10.1% margin), marking margin expansion above 10% for the first time in over six years.
Order intake totaled $1.14 billion, with backlog at $19.2 billion. The company said near-term Civil softness is largely offset by stronger Defense performance as transformation initiatives progress.
