EAST AURORA: Moog Inc. (NYSE: MOG.A and MOG.B) reported record financial results for the fiscal third quarter of 2025, underscoring robust sales growth and operational streamlining across its aerospace and defense segments. Net sales rose 7% year-over-year to $971 million, while adjusted diluted earnings per share climbed 24% to $2.37—both new highs for the motion control systems integrator.
Diluted earnings per share came in at $1.87, up from $1.74 in the prior-year quarter. Free cash flow surged to $93 million compared to a $2 million loss last year, reflecting strong earnings and improved working capital.
“We have just delivered another quarter of record financial results, reflective of our unrelenting focus on driving improved business performance,” said CEO Pat Roche. “Strong order intake and a record $2.7 billion twelve-month backlog demonstrate the impact of our simplification strategies.”
Moog’s top-line momentum was led by a 16% rise in Commercial Aircraft sales, buoyed by strong aftermarket demand. Space and Defense revenue grew 11% amid solid satellite and missile program activity, while Military Aircraft sales increased 8% behind the FLRAA program ramp-up. Industrial segment revenue declined 4%, attributed to recent divestitures.
Despite a slight decline in operating margin to 11.5%, adjusted operating margin expanded to 13.6%, benefiting from a favorable mix and asset sales. Segment-level analysis showed mixed margin results: Commercial Aircraft rose 200 basis points, while Military Aircraft fell 360 basis points due to program termination charges and R&D investments.
Following quarter-end, Moog acquired COTSWORKS to strengthen its Space and Defense product portfolio.
CFO Jennifer Walter said the company has raised its full-year sales outlook to $3.8 billion and expects to end 2025 with record-high results, despite headwinds from tariff pressures. Moog now anticipates adjusted operating margin of 12.8% and free cash flow conversion between 30% and 50%.