The company said it recorded net sales of $2,544 million, net income attributable to TD Group of $535 million, and EBITDA As Defined of $1,337 million, or 52.6% of net sales, for the second quarter of fiscal 2026 (Q2).

1. 01

   The company said it recorded net sales of $2,544 million, net income attributable to TD Group of $535 million, and EBITDA As Defined of $1,337 million, or 52.6% of net sales, for the second quarter of fiscal 2026 (Q2).

2. 02

   The company said organic sales rose $238 million for the thirteen weeks ended March 28, 2026, tied to increases in defense, commercial aftermarket and commercial OEM sales. It cited the 3 core value-driven operating strategy and fixed overhead costs spread over higher production volume as factors that lowered its cost of sales as a percentage of net sales, partly offset by the dilutive impact of recent acquisitions.

3. 03

   The company said operating activities provided net cash of $967 million, investing activities used net cash of $1,137 million, and financing activities provided net cash of $1,249 million for the 26-week period ended March 28, 2026. Financing activities included net proceeds from new debt of $1,980 million in February 2026 and share repurchases of $721 million.

4. 04

   The company said it completed its acquisition of JPE and VSA for about $2.2 billion in cash on April 7, 2026. It also said it completed $1,500 million in new debt issuances on April 17, 2026. The company said it plans to use the net proceeds to fund the Stellant acquisition purchase price and for general corporate purposes.

Key figures

Quarter ended March 28, 2026

Revenue

$2.5B

Operating income

$1.2B

Net income

$535M

EPS

$9.20

Gross profit

$1.5B

Analysis scope · Management's discussion (MD&A)We analyzed excerpts of the Management's Discussion and Analysis (MD&A) section (with omissions). Other sections of the report, such as the notes to the financial statements and risk factors, were not reviewed.

AI summarized the filing and translated the summary into English; it may differ from the original. For reference only, not investment advice. AI translated the published Korean report into English. Figures are copied as filed, not recalculated.

Original filing

The filing as submitted to SEC EDGAR. You can check the figures and statements of this summary against it.