TransDigm Group income statement
In fiscal 2025, TransDigm Group reported revenue of $8.83bn, up 11.2% on the year before, operating income of $4.17bn (a 47.2% margin) and net income of $2.07bn, or $32.08 per diluted share. Every line below comes from the company's 10-K and 10-Q filings; column headings link to the filing.
Income statement
| Fiscal year | 2009Sept 2009 | 2010Sept 2010 | 2011Sept 2011 | 2012Sept 2012 | 2013Sept 2013 | 2014Sept 2014 | 2015Sept 2015 | 2016Sept 2016 | 2017Sept 2017 | 2018Sept 2018 | 2019Sept 2019 | 2020Sept 2020 | 2021Sept 2021 | 2022Sept 2022 | 2023Sept 2023 | 2024Sept 2024 | 2025Sept 2025 | LTMJun 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 0.8 | 0.8 | 1.2 | 1.7 | 1.9 | 2.4 | 2.7 | 3.2 | 3.5 | 3.8 | 5.2 | 5.1 | 4.8 | 5.4 | 6.6 | 7.9 | 8.8 | 10.0 |
| Cost of revenue | 0.3 | 0.4 | 0.5 | 0.8 | 0.9 | 1.1 | 1.3 | 1.4 | 1.5 | 1.6 | 2.4 | 2.5 | 2.3 | 2.3 | 2.7 | 3.3 | 3.5 | 4.0 |
| Gross profit | 0.4 | 0.5 | 0.7 | 0.9 | 1.0 | 1.3 | 1.4 | 1.7 | 2.0 | 2.2 | 2.8 | 2.6 | 2.5 | 3.1 | 3.8 | 4.7 | 5.3 | 6.0 |
| Research and development | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.1 | 0.1 | 0.1 | 0.1 | 0.1 | 0.1 | 0.1 | 0.1 | 0.1 | 0.1 | — |
| Selling, general and administrative | 0.1 | 0.1 | 0.1 | 0.2 | 0.3 | 0.3 | 0.3 | 0.4 | 0.4 | 0.5 | 0.7 | 0.7 | 0.7 | 0.7 | 0.8 | 1.0 | 0.9 | 1.1 |
| Operating income | 0.3 | 0.4 | 0.5 | 0.7 | 0.7 | 0.9 | 1.1 | 1.3 | 1.5 | 1.7 | 1.9 | 1.8 | 1.7 | 2.2 | 2.9 | 3.5 | 4.2 | 4.6 |
| Net interest income | −0.1 | −0.1 | −0.2 | −0.2 | −0.3 | −0.3 | −0.4 | −0.5 | −0.6 | −0.7 | −0.9 | −1.0 | −1.1 | −1.1 | −1.2 | −1.3 | −1.6 | 0.1 |
| Income before tax | 0.3 | 0.3 | 0.2 | 0.5 | 0.4 | 0.4 | 0.6 | 0.8 | 0.8 | 1.0 | 1.1 | 0.7 | 0.7 | 1.1 | 1.7 | 2.2 | 2.6 | 2.7 |
| Income tax | 0.1 | 0.1 | 0.1 | 0.2 | 0.1 | 0.1 | 0.2 | 0.2 | 0.2 | 0.0 | 0.2 | 0.1 | 0.0 | 0.3 | 0.4 | 0.5 | 0.6 | 0.6 |
| Net income | 0.2 | 0.2 | 0.2 | 0.3 | 0.3 | 0.3 | 0.4 | 0.6 | 0.6 | 1.0 | 0.9 | 0.7 | 0.7 | 0.9 | 1.3 | 1.7 | 2.1 | 2.1 |
| Diluted EPS | $3.10 | $2.52 | $3.17 | $5.97 | $2.39 | $3.16 | $7.84 | $10.39 | $7.88 | $16.20 | $13.84 | $8.96 | $10.41 | $13.40 | $22.03 | $25.62 | $32.08 | $36.69 |
| Diluted shares (average) | — | 53m | 53m | 54m | 55m | 57m | 57m | 56m | 56m | 56m | 56m | 57m | 58m | 58m | 57m | 58m | 58m | 58m |
| EBITDA | 0.3 | 0.4 | 0.5 | 0.8 | 0.8 | 1.0 | 1.2 | 1.4 | 1.6 | 1.8 | 2.2 | 2.0 | 1.9 | 2.5 | 3.2 | 3.8 | 4.5 | 5.0 |
| Quarter | 2024 Q4Sept 2024 | 2025 Q1Dec 2024 | 2025 Q2Mar 2025 | 2025 Q3Jun 2025 | 2025 Q4Sept 2025 | 2026 Q1Dec 2025 | 2026 Q2Mar 2026 | 2026 Q3Jun 2026 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 2,186 | 2,006 | 2,150 | 2,237 | 2,437 | 2,285 | 2,544 | 2,741 |
| Cost of revenue | 927 | 771 | 876 | 905 | 967 | 933 | 1,033 | 1,113 |
| Gross profit | 1,259 | 1,235 | 1,274 | 1,332 | 1,470 | 1,352 | 1,511 | 1,628 |
| Selling, general and administrative | 265 | 211 | 236 | 242 | 256 | 254 | 273 | 332 |
| Operating income | 943 | 974 | 991 | 1,039 | 1,161 | 1,042 | 1,178 | 1,227 |
| Interest expense | — | 378 | 378 | 397 | — | 475 | 484 | 514 |
| Net interest income | −343 | −378 | 378 | 397 | −420 | −475 | 484 | 514 |
| Income before tax | 605 | 619 | 622 | 635 | 753 | 572 | 700 | 713 |
| Income tax | 138 | 126 | 143 | 142 | 144 | 127 | 164 | 173 |
| Net income | 468 | 493 | 479 | 492 | 610 | 445 | 535 | 539 |
| Diluted EPS | $5.81 | $7.62 | $8.24 | $8.47 | $7.77 | $6.62 | $9.20 | $9.39 |
| EBITDA | 1,147 | 1,064 | 1,080 | 1,130 | 1,257 | 1,142 | 1,283 | 1,345 |
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