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Percentage of questions scored as challenging — where the analyst pushed back, pressed for specifics, or questioned management's assumptions.
| Analyst | Firm | Questions · challengingPercentage of questions scored as challenging — where the analyst pushed back, pressed for specifics, or questioned management's assumptions. |
|---|---|---|
| Scott Mikus | Melius Research | 13 questions · 0% challenging |
| Gautam Khanna | TD Cowen | 12 questions · 8% challenging |
| Myles Walton | Wolfe Research | 12 questions · 25% challenging |
| Sheila Kahyaoglu | Jefferies | 11 questions · 18% challenging |
| Ken Herbert | RBC Capital Markets | 11 questions · 0% challenging |
| Scott Deuschle | Deutsche Bank | 9 questions · 11% challenging |
| Rob Stallard | Vertical Research Partners | 9 questions · 33% challenging |
| Noah Poponak | Goldman Sachs | 9 questions · 33% challenging |
| David Strauss | Wells Fargo | 8 questions · 13% challenging |
| Ron Epstein | Bank of America | 8 questions · 13% challenging |
| Firm | Analysts | Questions · challengingPercentage of questions scored as challenging — where the analyst pushed back, pressed for specifics, or questioned management's assumptions. |
|---|---|---|
| Melius Research | 1 analyst | 13 questions · 0% challenging |
| Wolfe Research | 1 analyst | 12 questions · 25% challenging |
| TD Cowen | 1 analyst | 12 questions · 8% challenging |
| Jefferies | 1 analyst | 11 questions · 18% challenging |
| RBC Capital Markets | 1 analyst | 11 questions · 0% challenging |
| Bank of America | 3 analysts | 10 questions · 10% challenging |
| Goldman Sachs | 1 analyst | 9 questions · 33% challenging |
| Deutsche Bank | 1 analyst | 9 questions · 11% challenging |
TransDigm delivered a beat-and-raise second quarter, with GAAP revenue up roughly 18% year over year (organic growth of approximately 11%) as all three channels grew: commercial aftermarket rose about 14%, commercial OEM about 12%, and defense about 11%. EBITDA as defined margin reached 52.6% even after nearly two points of dilution from recent acquisitions, and Q2 commercial aftermarket bookings hit an all-time high. Management raised full-year fiscal 2026 guidance again, lifting the sales midpoint by $420 million to $10.36 billion (up about 17%) and EBITDA as defined by $210 million to $5.42 billion, with the adjusted EPS guidance midpoint now $39.52. After quarter-end the company closed the Jet Parts Engineering and Victor Sierra acquisitions and repurchased about $800 million of stock, while retaining more than $10 billion of M&A firepower. The main overhang is the Middle East conflict, which slowed March global RPM growth to 2.1% and cut Middle East carrier RFQs by more than 50%, though management has seen no meaningful aftermarket impact yet and raised aftermarket guidance regardless.
Demand | M&A | Revenue Growth | Competitive Dynamics | Margin | Supply Chain | Pricing | Inventory | |
|---|---|---|---|---|---|---|---|---|
| 2024Q4 | 11 | 3 | 3 | 3 | 1 | 2 | 2 | 2 |
| 2025Q1 | 10 | 1 | 5 | 1 | 3 | 3 | 3 | 1 |
| 2025Q2 | 10 | 5 | 2 | 2 | 3 | 2 | 2 | |
| 2025Q3 | 11 | 2 | 5 | 3 | 1 | 4 | 1 | 2 |
| 2025Q4 | 7 | 5 | 1 | 4 | 3 | 1 | 2 | 1 |
| 2026Q1 | 7 | 8 | 5 | 3 | 3 | 1 | 3 | |
| 2026Q2 | 9 | 3 | 2 | 1 | 1 | 1 |
| '24Q4 | '25Q1 | '25Q2 | '25Q3 | '25Q4 | '26Q1 | '26Q2 | |
|---|---|---|---|---|---|---|---|
| Demand | 11 | 10 | 10 | 11 | 7 | 7 | 9 |
| M&A | 3 | 1 | 5 | 2 | 5 | 8 | 3 |
| Revenue Growth | 3 | 5 | 2 | 5 | 1 | 5 | 2 |
| Competitive Dynamics | 3 | 1 | 2 | 3 | 4 | 3 | 1 |
| Margin | 1 | 3 | 3 | 1 | 3 | 3 | 1 |
| Supply Chain | 2 | 3 | 2 | 4 | 1 | 1 | 1 |
| Pricing | 2 | 3 | 2 | 1 | 2 | ||
| Inventory | 2 | 1 | 2 | 1 | 3 |
What TDG and other companies said about each other on FY2026 Q2 earnings calls — extracted verbatim from public transcripts. Mentions from the newest quarter are a Pro feature.
“improvements in operating margins at our recent acquisitions, Servotronics and Simmonds, are running slightly ahead.”
Operating-margin improvement at recently acquired Simmonds Precision is running slightly ahead of TransDigm's plan.
“improvements in operating margins at our recent acquisitions, Servotronics and Simmonds, are running slightly ahead.”
Operating-margin improvement at recently acquired Servotronics is running slightly ahead of TransDigm's plan.
“We continue to work towards a closing on Stellant and look forward to owning this business in the not-too-distant future.”
TransDigm's acquisition of Stellant Systems remains pending, excluded from guidance until it closes.
“We are pleased to have closed the acquisitions of Jet Parts Engineering and Victor Sierra shortly after the quarter ended.”
TransDigm closed its acquisition of Victor Sierra, a PMA-space aftermarket business, shortly after quarter-end.
“We are pleased to have closed the acquisitions of Jet Parts Engineering and Victor Sierra shortly after the quarter ended.”
TransDigm closed its acquisition of Jet Parts Engineering, a PMA-space aftermarket business, shortly after quarter-end.
“Airborne Systems was awarded a multimillion-dollar contract for Intuitive Machines for a reusable re-entry parachute system.”
TransDigm's Airborne Systems won a multimillion-dollar contract to supply a reusable re-entry parachute system for Intuitive Machines' Zephyr in-orbit manufacturing satellite.
“DDC was awarded a multimillion-dollar contract from Hindustan Aeronautics Limited for a series of electronic components, including our rugged ARINC 429 PCI mezzanine cards and multi-protocol avionic cards for their Light Combat Helicopter.”
TransDigm's DDC unit won a multimillion-dollar contract from Hindustan Aeronautics Limited (HAL) to supply avionic electronics for HAL's Light Combat Helicopter.
“In the commercial OEM market, Boeing and Airbus are continuing to ramp production rates.”
TransDigm reports Airbus is continuing to ramp production rates, supporting its commercial OEM revenue as an Airbus supplier.
“In the commercial OEM market, Boeing and Airbus are continuing to ramp production rates.”
TransDigm reports Boeing is continuing to ramp production rates (a bumpy but improving recovery), supporting TransDigm's commercial OEM demand as a Boeing supplier.
On July 27, 2026, TransDigm Group announced a definitive agreement to acquire Prince & Izant, a portfolio company of Industrial Growth Partners, for approximately $1.066 billion in cash including certain tax benefits. Prince & Izant, headquartered in Cleveland, Ohio, designs and manufactures highly engineered brazing alloys and specialty metal components used in advanced performance and high cost-of-failure applications, primarily serving aerospace and defense markets.
What each event means for TDG’s sentiment score is part of Tellvest Pro.
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| Quarter | Revenue | Rev YoY | EPS | EPS YoY | Gross margin | Op margin | Net margin | FCF |
|---|---|---|---|---|---|---|---|---|
| FY2024 Q4 | $2.19B | +18.0% | $5.79 | -19.8% | 57.6% | 43.1% | 21.4% | $531M |
| FY2025 Q1 | $2.01B | +12.1% | $7.62 | +56.4% | 61.6% | 48.6% | 24.6% | $710M |
| FY2025 Q2 | $2.15B | +12.0% | $8.24 | +18.2% | 59.3% | 46.1% | 22.3% | $92M |
| FY2025 Q3 | $2.24B | +9.3% | $8.47 | +6.4% | 59.5% | 46.4% | 22.0% | $573M |
| FY2025 Q4 | $2.44B | +11.5% | $7.75 | +33.8% | 60.3% | 47.6% | 25.0% | $441M |
| FY2026 Q1 | $2.29B | +13.9% | $6.62 | -13.1% | 56.7% | 45.6% | 16.9% | $772M |
| FY2026 Q2Selected | $2.54B | +18.3% | $9.20 | +11.6% | 59.4% | 46.3% | 21.0% | $64M |
| FY2026 Q3 | $2.74B | +22.5% | $9.39 | +10.9% | 59.4% | 44.8% | 19.7% | — |
Management’s own words, often on a non-GAAP, constant-currency, or adjusted basis — so these can differ from the GAAP figures above (e.g. constant-currency revenue growth excludes currency swings).
Calendar quarter Q1 2026Earnings call May 6, 2026
FY2026 Q2 in brief
TransDigm delivered a beat-and-raise second quarter, with GAAP revenue up roughly 18% year over year (organic growth of approximately 11%) as all three channels grew: commercial aftermarket rose about 14%, commercial OEM about 12%, and defense about 11%.
Newest quarter FY2026 Q3 is part of Pro ·
Sources. Tellvest earnings-call sentiment score for TransDigm Group (TDG), FY2026 Q2: 10/10. Scores: TransDigm Group’s public earnings-call transcripts and SEC-reported results — the base band is anchored to reported GAAP revenue growth; transcript, EPS and guidance adjustments are applied separately (documented exceptions apply to a few issuers). Price: TDG daily closing prices for the trailing year; dots mark earnings calls, colored by that quarter’s score; the newest quarter’s score is part of Tellvest Pro. How to read a company earnings-call score.
GAAP revenue YoY +18.3% → base 8. The base score is anchored to the GAAP revenue YoY band before transcript, EPS, and guidance adjustments.
| Company | Score | Trend | Rev YoY |
|---|---|---|---|
TDG TransDigm Group | 10 | +18.3% | |
| ACHR Archer Aviation Inc. | 5 | n/a | |
| AXON Axon Enterprise Inc. | 10 | +33.8% | |
| BA The Boeing Company | 7 | +14.0% | |
| GD General Dynamics | 8 | +10.3% | |
| GE GE Aerospace | 7 | +24.7% | |
| HII Huntington Ingalls Industries | 6 | +13.3% | |
| LHX L3Harris | 8 | +11.9% | |
| LMT Lockheed Martin | 4 | +0.3% | |
| LUNR Intuitive Machines, Inc. | 3 | +198.7% | |
| NOC Northrop Grumman | 6 | +4.4% | |
| RKLB Rocket Lab USA, Inc. | 8 | +63.5% | |
| RTX RTX Corporation | 9 | +8.7% | |
| SPCX Space Exploration Technologies Corp. | · | n/a | |
| TXT Textron | 7 | +11.8% |