Home World News Aerospace & Defense CAE posts strong Q1 FY26 pushed by double-digit revenue progress

CAE posts strong Q1 FY26 pushed by double-digit revenue progress


Canadian flight coaching firm CAE’s defence and safety section has reported a report income of C$490.9m ($356.2m) within the first quarter of fiscal 2026 (Q1 FY26).

This marks a modest improve of 1% from the C$484.9m reported within the first quarter of the earlier yr.

The section’s working revenue noticed an increase of 83%, climbing from C$18.8m to $34.4m year-over-year.

Defence orders booked in the course of the quarter amounted to C$611.4m, leading to a book-to-sales ratio of 1.25 occasions, whereas the ratio for the previous 12 months stood at 2.08 occasions.

The adjusted backlog for the section, which incorporates unfunded contract awards and CAE’s curiosity in joint ventures, was reported at C$11.1bn at quarter-end.

The defence section’s sturdy efficiency is attributed to a powerful demand surroundings with roughly C$6.0bn price of bids and proposals at the moment pending.

Total, CAE’s income for the primary quarter of fiscal 2026 was C$1.09bn, exhibiting a 2% improve from the C$1.07bn reported within the first quarter of final yr.

The earnings per share (EPS) for the quarter remained steady at C$0.18 in comparison with final yr, with adjusted EPS holding regular at C$0.21.

Web revenue attributable to fairness holders of the corporate additionally skilled progress, reaching C$57.2m in Q1 FY26, an 18% improve from C$48.3m within the prior yr’s quarter.

CAE chairman Calin Rovinescu stated: “CAE delivered a strong first quarter, with double-digit revenue progress and margin enlargement in defence and continued momentum in civil. We stay on monitor to capitalise on the numerous alternatives forward, supported by secular demand in civil aviation and the generational reinvestment underway in defence throughout Nato, together with Canada’s plan to greater than double its spending over the subsequent decade.”

Waiting for fiscal 2026, the corporate’s administration expects low-double-digit share annual adjusted section working revenue (aSOI) progress with an annual aSOI margin ranging between 8% to eight.5% for the defence section.

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