Moog Inc. (MOGA) Earnings Call Transcripts

Moog Inc.'s Latest Earnings Call - Q2 FY2026

In the second quarter of fiscal 2026, Moog Inc. reported robust financial results, achieving sales of $1.1 billion, a 13% increase year-over-year, and record adjusted earnings per share of $10.60, exceeding prior guidance by $0.40. Management raised full-year guidance, reflecting strong demand across all segments, particularly in Space and Defense, where sales increased by 16%. The company also highlighted a significant 33% year-over-year increase in its 12-month backlog, signaling continued momentum in the defense market driven by geopolitical factors.

Reported metrics

Guidance from management

Management raised FY '26 sales and adjusted EPS guidance, now expecting adjusted EPS of $10.60, plus or minus $0.20, while maintaining adjusted operating margin and free cash flow conversion unchanged.

What management said

Thank you. We delivered outstanding second quarter financial results. We increased our guidance based on the continuing strong performance within robust markets. And with that, let me open it up to the floor for questions.

Well, I'm incredibly proud of the success we've achieved to date, Kristine, in delivering on those long-term goals we set out back in 2023. This comes up to the tail end of that period now, 2026. And as I said, we're delivering substantively on what we committed to in that we are due to give an update on what comes beyond this. And so we're looking forward to having the opportunity to do another Investor Day. It's ma...

What analysts pressed on

Analysts expressed concerns about the impact of tariffs on margins and the potential for demand shifts in the Commercial Aircraft segment due to geopolitical tensions. There were also inquiries about the sustainability of defense spending in light of potential changes in Congress.

Main topics on the call

• Revenue Growth Acceleration — Moog achieved a 13% increase in sales to $1.1 billion, marking the second highest revenue on record. Management stated, "We delivered an outstanding second quarter" and noted strength across all segments, particularly in...
• Increased Backlog — The company reported a record total and 12-month backlog, up 33% year-over-year. This growth is indicative of strong demand, particularly in defense, as management emphasized, "Demand is strong. The business is executing...
• Updated Guidance — Moog raised its fiscal 2026 guidance, increasing sales and adjusted earnings per share expectations while maintaining adjusted operating margin. Management stated, "We’re increasing our FY '26 adjusted earnings per share...
• Defense Market Dynamics — Management noted a structural shift in the defense market due to geopolitical tensions, with increased production rates expected for missile defense programs. They highlighted, "Production rates on key missile defense pr...

Read the full Moog Inc. transcript (Q2 FY2026) → Summary generated from the call transcript; every figure above is stated by management on the record.

Earnings Call History

EarningsCalls.dev has 30 Moog Inc. earnings call transcripts on record, spanning January 24, 2020 to July 31, 2026. Based on this history, Moog Inc. reports quarterly. The most recent call on file is dated July 31, 2026. The full list is below — each row opens the complete, free-to-read transcript.

Ticker

MOGA

Exchange

NYSE

Country

US

Sector

Industrials

Industry

Aerospace and Defense

Calls on record

30

First call

January 24, 2020

Most recent

July 31, 2026

Reporting cadence

quarterly