CARPENTER TECHNOLOGY CORPCRSEarnings & Financial Report
Carpenter Technology Corporation develops, manufactures, and distributes stainless steels and corrosion-resistant nickel, copper and titanium alloys as well as powdered alloys for 3D additive manufacturing. In fiscal year 2018, the company's revenues were derived from the aerospace and defense industry (55%), the industrial and consumer industry (17%), the medical industry (8%), the transportation industry (7%), the energy industry (7%), and the distribution industry (6%). The company's produ...
CRS Q3 FY2026 Key Financial Metrics
Revenue
$811.5M
Gross Profit
$251.8M
Operating Profit
$186.5M
Net Profit
$139.6M
Gross Margin
31.0%
Operating Margin
23.0%
Net Margin
17.2%
YoY Growth
11.6%
EPS
$2.77
CARPENTER TECHNOLOGY CORP Q3 FY2026 Financial Summary
CARPENTER TECHNOLOGY CORP reported revenue of $811.5M (up 11.6% YoY) for Q3 FY2026, with a net profit of $139.6M (up 46.3% YoY) (17.2% margin). Cost of goods sold was $559.7M, operating expenses totaled $65.3M.
Key Financial Metrics
| Total Revenue | $811.5M |
|---|---|
| Net Profit | $139.6M |
| Gross Margin | 31.0% |
| Operating Margin | 23.0% |
| Report Period | Q3 FY2026 |
Revenue Breakdown
CARPENTER TECHNOLOGY CORP Q3 FY2026 revenue of $811.5M breaks down across 7 segments, led by Aerospace and Defense at $435.6M (53.7% of total).
| Segment | Revenue | % of Total |
|---|---|---|
| Aerospace and Defense | $435.6M | 53.7% |
| Surcharge revenue | $155.9M | 19.2% |
| Industrial and Consumer | $78.1M | 9.6% |
| Medical | $51.7M | 6.4% |
| Energy | $50.5M | 6.2% |
| Distribution | $20.4M | 2.5% |
| Transportation | $19.3M | 2.4% |
CARPENTER TECHNOLOGY CORP Annual Revenue by Year
CARPENTER TECHNOLOGY CORP annual revenue history includes year-by-year totals (for example, 2025 revenue was $2.9B).
CARPENTER TECHNOLOGY CORP Quarterly Revenue & Net Profit History
CARPENTER TECHNOLOGY CORP results over the last 8 reported quarters, including revenue, net profit and year-over-year growth.
| Quarter | Revenue | Revenue YoY | Net Profit | Net Margin |
|---|---|---|---|---|
| Q3 FY2026 | $811.5M | +11.6% | $139.6M | 17.2% |
| Q2 FY2026 | $728.0M | +7.5% | $105.3M | 14.5% |
| Q1 FY2026 | $733.7M | +2.2% | $122.5M | 16.7% |
| Q4 FY2025 | $755.6M | -5.4% | $111.7M | 14.8% |
| Q3 FY2025 | $727.0M | +6.1% | $95.4M | 13.1% |
| Q2 FY2025 | $676.9M | +8.4% | $84.1M | 12.4% |
| Q1 FY2025 | $717.6M | +10.1% | $84.8M | 11.8% |
| Q4 FY2024 | $798.7M | +5.3% | $93.6M | 11.7% |
Income Statement
| Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | Q1 2026 | Q2 2026 | Q3 2026 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | $798.7M | $717.6M | $676.9M | $727.0M | $755.6M | $733.7M | $728.0M | $811.5M |
| YoY Growth | 5.3% | 10.1% | 8.4% | 6.1% | -5.4% | 2.2% | 7.5% | 11.6% |
Balance Sheet
| Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | Q1 2026 | Q2 2026 | Q3 2026 | |
|---|---|---|---|---|---|---|---|---|
| Assets | $3.29B | $3.25B | $3.33B | $3.36B | $3.49B | $3.40B | $3.50B | $3.68B |
| Liabilities | $1.66B | $1.59B | $1.61B | $1.58B | $1.60B | $1.49B | $1.52B | $1.61B |
| Equity | $1.63B | $1.66B | $1.72B | $1.78B | $1.89B | $1.91B | $1.99B | $2.07B |
Cash Flow
| Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | Q1 2026 | Q2 2026 | |
|---|---|---|---|---|---|---|---|
| Operating CF | $169.5M | $40.2M | $67.9M | $74.2M | $258.1M | $39.2M | $132.2M |