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...
Revenue
$733.7M
Gross Profit
$216.4M
Operating Profit
$153.3M
Net Profit
$122.5M
Gross Margin
29.5%
Operating Margin
20.9%
Net Margin
16.7%
YoY Growth
2.2%
EPS
$2.43
CARPENTER TECHNOLOGY CORP Q1 FY2026 Financial Summary
CARPENTER TECHNOLOGY CORP reported revenue of $733.7M (up 2.2% YoY) for Q1 FY2026, with a net profit of $122.5M (up 44.5% YoY) (16.7% margin). Cost of goods sold was $517.3M, operating expenses totaled $63.1M.
Key Financial Metrics
| Total Revenue | $733.7M |
|---|---|
| Net Profit | $122.5M |
| Gross Margin | 29.5% |
| Operating Margin | 20.9% |
| Report Period | Q1 FY2026 |
Revenue Breakdown
CARPENTER TECHNOLOGY CORP Q1 FY2026 revenue of $733.7M breaks down across 7 segments, led by Aerospace And Defense Markets at $447.0M (60.9% of total).
| Segment | Revenue | % of Total |
|---|---|---|
| Aerospace And Defense Markets | $447.0M | 60.9% |
| Performance Engineered Products Segment | $93.6M | 12.8% |
| Industrial And Consumer Markets | $85.1M | 11.6% |
| Energy Market | $53.9M | 7.3% |
| Transportation Market | $20.7M | 2.8% |
| Distribution Market | $17.9M | 2.4% |
| Other | $15.5M | 2.1% |
CARPENTER TECHNOLOGY CORP Revenue by Segment — Quarterly Trend
CARPENTER TECHNOLOGY CORP revenue by segment across the last 4 reported quarters, showing how each business line (such as Aerospace And Defense Markets and Performance Engineered Products Segment) has evolved quarter over quarter.
| Segment | Q3 FY2026 | Q2 FY2026 | Q1 FY2026 | Q4 FY2025 |
|---|---|---|---|---|
| Aerospace And Defense Markets | — | $448.8M | $447.0M | $439.9M |
| Performance Engineered Products Segment | — | $83.2M | $93.6M | $104.7M |
| Industrial And Consumer Markets | — | $88.4M | $85.1M | $85.2M |
| Energy Market | — | $48.5M | $53.9M | — |
| Transportation Market | — | $21.2M | $20.7M | $26.3M |
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).
| Year | Annual Revenue |
|---|---|
| 2025 | $2.9B |
| 2024 | $2.8B |
| 2023 | $2.6B |
| 2022 | $1.8B |
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 |