Record Sales and Growth
Loar Holdings achieved record sales during Q1 2025, with total sales increasing to $150 million, a 12% increase compared to the prior year period.
Commercial Aftermarket and Defense Sales Surge
Commercial aftermarket sales saw an increase of 13% in Q1 2025, up 15% sequentially from Q4 2024, while defense sales increased by 30%.
Improved Margins
Gross profit margin for Q1 2025 increased by 370 basis points compared to the prior year period. Adjusted EBITDA margins were strong at 37.6%.
Strong Financial Outlook for 2025
Loar Holdings updated their guidance, expecting net sales between $482 million and $490 million, and adjusted EBITDA between $182 million and $185 million.
New Product Launch: Secondary Cockpit Barrier
Loar successfully developed a secondary cockpit barrier in partnership with Airbus, meeting FAA safety requirements, with production units already shipped.