The earnings call highlights Carpenter Technology's strong performance in profitability, cash flow generation, and market dynamics, particularly in the Aerospace and Defense segment. Despite some challenges, such as the decline in Medical sales year-over-year and lower sales excluding surcharge, the overall outlook remains positive, with significant growth expected in FY26.

Company Guidance -

Q1 2026

In the fourth quarter of fiscal year 2025, Carpenter Technology achieved significant financial milestones, with $151 million in adjusted operating income, marking a 21% increase over the same quarter in the previous year and a 10% rise from the preceding quarter. The company's SAO segment was a key driver of profitability, reaching a record operating income of $167 million and expanding operating margins to 30.5%. Additionally, Carpenter Technology generated $201.3 million in adjusted free cash flow, bolstered by disciplined working capital management, and repurchased $24.1 million of shares. Sales were up sequentially across all key end-use markets, including a 3% increase in the Aerospace and Defense sector, and a notable 27% rise in the Energy market. The company also announced guidance for fiscal year 2026, projecting $660 million to $700 million in adjusted operating income, representing a 26% to 33% increase over fiscal year 2025.

Record Profitability and Operating Income

Carpenter Technology achieved the most profitable quarter on record with $151 million in adjusted operating income, a 21% increase over Q4 FY24 and a 10% increase over the recent third quarter.

Strong SAO Segment Performance

The SAO segment reached a record $167 million of operating income, a 19% year-over-year increase, with adjusted operating margins expanding to 30.5% from 25.2% a year ago.

Significant Free Cash Flow Generation

The company generated $201.3 million in adjusted free cash flow during the quarter and $287.5 million for the fiscal year 2025.

Strong Aerospace and Defense Market Dynamics

Aerospace and Defense sales increased 3% sequentially and 2% year-over-year, with engine sales up 5% sequentially and defense submarket sales up 17% sequentially.

Positive Outlook for Fiscal Year 2026

Carpenter Technology projects $660 million to $700 million in adjusted operating income for FY26, representing a 26% to 33% increase over FY25.

Carpenter Technology (CRS) Earnings, Revenues Date & History

The upcoming earnings date is based on a company’s previous reporting, and may be updated when the actual date is announced

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CRS Earnings History

Report Date	Fiscal Quarter	Forecast / EPS	Last Year's EPS	EPS YoY Change	Slides	Play Transcript
Oct 23, 2025	2026 (Q1)	2.12 / -	1.73	―	―	―
Jul 31, 2025	2025 (Q4)	2.07 / 2.21	1.82	21.43% (+0.39)
Apr 24, 2025	2025 (Q3)	1.74 / 1.88	1.19	57.98% (+0.69)
Jan 30, 2025	2025 (Q2)	1.61 / 1.66	0.85	95.29% (+0.81)
Oct 24, 2024	2025 (Q1)	1.58 / 1.73	0.88	96.59% (+0.85)
Jul 25, 2024	2024 (Q4)	1.51 / 1.82	0.78	133.33% (+1.04)
May 01, 2024	2024 (Q3)	0.94 / 1.19	0.38	213.16% (+0.81)
Jan 25, 2024	2024 (Q2)	0.85 / 0.85	0.13	553.85% (+0.72)
Oct 26, 2023	2024 (Q1)	0.76 / 0.88	-0.14	728.57% (+1.02)
Jul 27, 2023	2023 (Q4)	0.66 / 0.78	0	―

The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.

Beat

Missed

CRS Earnings-Related Price Changes

Report Date	Price 1 Day Before	Price 1 Day After	Percentage Change
Jul 31, 2025	$283.63	$249.39	-12.07%
Apr 24, 2025	$190.73	$199.40	+4.55%
Jan 30, 2025	$208.86	$193.42	-7.39%
Oct 24, 2024	$156.42	$154.03	-1.53%

Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.

FAQ

When does Carpenter Technology Corp (CRS) report earnings?

Carpenter Technology Corp (CRS) is schdueled to report earning on Oct 23, 2025, Before Open (Confirmed).

What is Carpenter Technology Corp (CRS) earnings time?

Carpenter Technology Corp (CRS) earnings time is at Oct 23, 2025, Before Open (Confirmed).

Where can I see when companies are reporting earnings?

You can see which companies are reporting today on our designated earnings calendar.

What companies are reporting earnings today?

You can see a list of the companies which are reporting today on TipRanks earnings calendar.

What is CRS EPS forecast?

CRS EPS forecast for the fiscal quarter 2026 (Q1) is 2.12.

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