WHITE PLAINS, NEW YORK February 26, 2026 — Loar Holdings Inc. (NYSE:LOAR) (the “Company,” “Loar,” “we,” “us” and “our”), reports record results for the fourth quarter and full year of 2025 and upward revisions to the full year 2026 outlook.
“As we close the year, I am pleased to report that Loar once again delivered record results across key financial metrics, including Net Sales, Adjusted EBITDA, and Adjusted EBITDA Margin,” said Dirkson Charles, Loar CEO and Executive Co‑Chairman of the Board of Directors. “Driven by favorable end‑market dynamics and disciplined execution across the organization, our team delivered strong operating performance while advancing our long‑term value creation strategy. These results underscore the scalability and resilience of our business model and reinforce Loar’s position as a leading aerospace and defense component supplier. We also successfully completed the acquisitions of LMB Fans & Motors and Harper Engineering, further strengthening our portfolio and expanding our growth platform as we enter the next phase of the company’s evolution.”
Fourth Quarter 2025
- Net sales of $131.8 million, up 19.3% compared to the prior year’s quarter.
- Net income of $12.5 million, up 239.5% compared to the prior year’s quarter.
- Diluted earnings per share of $0.13, up 225.0% compared to the prior year’s quarter.
- Adjusted EBITDA of $49.8 million, up 23.9% compared to the prior year’s quarter.
- Net income margin for the quarter improved to 9.5% compared to the prior year’s quarter of 3.3%.
- Adjusted EBITDA Margin for the quarter improved to 37.8% compared to 36.4% for the prior year’s quarter.
- Adjusted Earnings Per Share of $0.26, up 136.4% compared to the prior year’s quarter.
Loar reported net sales for the quarter of $131.8 million, an increase of $21.3 million or 19.3% over the prior year’s quarter. Organically(1), net sales increased 16.9% or $18.7 million, to $129.1 million.
Net income for the quarter increased $8.8 million to $12.5 million from $3.7 million in the comparable quarter a year ago. The increase in net income for the quarter was primarily driven by the contribution from higher sales and improved gross margins and lower interest expense, partially offset by higher income tax expense.
Adjusted EBITDA for the quarter was $49.8 million, an increase of 23.9% or $9.6 million compared to the prior year’s quarter. Adjusted EBITDA as a percentage of net sales was 37.8%, compared to 36.4% in the fourth quarter of the prior year. The increase in Adjusted EBITDA as a percentage of net sales was due to the continued execution of our strategic value drivers, accretive impact of increased sales of higher margin products, and the leveraging impact of higher sales on operating costs.
During the fourth quarter we borrowed $445 million under our existing credit agreement to fund the acquisition of LMB Fans & Motors.
Full Year 2025
- Net sales of $496.3 million, up 23.2% over the prior year.
- Net income of $72.1 million, up 224.5% over the prior year.
- Diluted earnings per share of $0.75, up 212.5% over the prior year.
- Adjusted EBITDA of $189.1 million, up 29.2% over the prior year.
- Net income margin improved to 14.5% compared to 5.5% in the prior year.
- Adjusted EBITDA Margin improved to 38.1% compared to 36.3% in the prior year
- Adjusted Earnings Per Share of $1.04, up 147.6% over the prior year.
Net sales for the twelve months ended December 31, 2025, were $496.3 million, an increase of $93.5 million or 23.2% over the prior year. Organically(1), net sales increased 12.7% or $51.4 million, to $454.2 million.
Net income for the year ended December 31, 2025 increased $49.9 million to $72.1 million from a net income of $22.2 million for the prior year.
Adjusted EBITDA for the twelve months of 2025 was $189.1 million, an increase of 29.2% or $42.8 million over the prior year. Adjusted EBITDA as a percentage of net sales was 38.1% for 2025, compared to 36.3% for the prior year.
Please see the attached Table 4 for a reconciliation of net income to EBITDA, Adjusted EBITDA and Adjusted EBITDA Margin for the periods discussed in this press release.
(1) Net organic sales represent net sales from our existing businesses for comparable periods and exclude net sales from acquisitions. We include net sales from new acquisitions in net organic sales from the 13th month after the acquisition on a comparative basis with the prior year period.
Full Year 2026 Outlook – Revised
“We revised our outlook for net sales, Adjusted EBITDA, and Adjusted EBITDA Margin upward to include the impact of the LMB Fans & Motors and Harper Engineering acquisitions as well as the underlying strength of our business. We remain highly positive on end-market demand and our team’s ability to execute on our strategic value drivers, delivering returns our stakeholders have come to expect,” stated Mr. Charles.
“In conjunction with the acquisitions of LMB Fans & Motors and Harper Engineering, we borrowed an incremental $685 million of debt under our existing credit agreement,” noted Glenn D’Alessandro, Chief Financial Officer and Treasurer. “This additional debt carries approximately $55 million of incremental interest expense.” Mr. D’Alessandro then added that he expects “both acquisitions to be accretive to Loar’s earnings within the year following the acquisition.”
- Net sales – between $640 million and $650 million, up from between $540 million and $550 million.
- Net income – between $59 million and $63 million, down from between $80 million and $85 million.
- Adjusted EBITDA – between $253 million and $258 million, up from between $209 million and $214 million.
- Adjusted EBITDA Margin – approximately 40%, up from approximately 39%.
- Diluted Earnings per share – between $0.60 and $0.65, down from between $0.82 and $0.88.
- Net income margin – approximately 9%, down from approximately 15%.
- Adjusted Earnings Per Share – between $0.76 and $0.80, down from between $0.98 and $1.03.
- Interest expense – approximately $80 million, up from approximately $25 million.
- Effective tax rate – approximately 25%.
- Market Assumptions – Full year outlook is based on the following assumptions:
- Commercial, Business Jet, and General Aviation OEM growth of low-double digits.
- Commercial, Business Jet, and General Aviation aftermarket growth of low-double digits.
- Defense growth of mid-single digits.
Adjusted EBITDA, Adjusted Earnings Per Share and Adjusted EBITDA Margin are non-GAAP financial measures provided in the “Full Year 2026 Outlook – Revised” section on a forward-looking basis. The Company does not provide a reconciliation of such forward-looking measures to the most directly comparable financial measures calculated and presented in accordance with GAAP because to do so would be potentially misleading and not practical given the difficulty of projecting event-driven transactional and other non-core operating items in any future period. The magnitude of these items, however, may be significant.
Earnings Conference Call
A conference call will be held at 10:30 a.m., Eastern Time on February 26, 2026. To participate in the call telephonically please dial +1 877-407-0670 / +1 215-268-9902. International participants can find a list of toll-free numbers here. A live audio webcast will also be available at the following link as well as through the Investor section of Loar Holdings website; https://ir.loargroup.com.
The webcast will be archived and available for replay later in the day.
About Loar Holdings Inc.
Loar Holdings Inc. is a diversified manufacturer and supplier of niche aerospace and defense components that are essential for today’s aircraft and aerospace and defense systems. Loar has established relationships across leading aerospace and defense original equipment manufacturers and Tier Ones worldwide.