Financial Performance - Net sales for the three months ended June 28, 2025, were $971,363,000, representing an increase of 7.4% compared to $904,735,000 for the same period in 2024[11]. - Net earnings for the three months ended June 28, 2025, were $59,707,000, a 6.5% increase from $56,360,000 in the prior year[11]. - Total net sales for the nine months ended June 28, 2025, reached $2,816.52 million, compared to $2,691.89 million for the same period in 2024, indicating a growth of approximately 4.6%[102]. - Total operating profit for the three months ended June 28, 2025, was $111,867,000, compared to $105,380,000 for the same period in 2024, reflecting an increase of about 6.4%[11]. - Earnings before income taxes for the nine months ended June 28, 2025, were $220,140,000, up from $212,265,000 in the same period of 2024, indicating a growth of approximately 3.7%[11]. Assets and Liabilities - Total assets as of June 28, 2025, were $4,396,574,000, an increase from $4,093,626,000 as of September 28, 2024[18]. - The company’s total liabilities increased to $2,452,873,000 as of June 28, 2025, from $2,232,993,000 as of September 28, 2024, indicating a rise of about 9.8%[17]. - Long-term debt, excluding current installments, rose to $1,081,674,000 as of June 28, 2025, compared to $874,139,000 in the previous year[18]. - The fair value of long-term debt was $1,068,433 as of June 28, 2025, compared to its carrying value of $1,082,500[91]. Shareholder Equity and Dividends - Total shareholders' equity reached $1,943,701,000 as of June 28, 2025, compared to $1,860,633,000 as of September 28, 2024, reflecting a growth in equity[18]. - Cash dividends declared were $0.29 per share for the three months ended June 28, 2025, compared to $0.28 per share for the same period in 2024[21]. - The company declared a quarterly dividend of $0.29 per share on July 24, 2025, payable on August 26, 2025[110]. Research and Development - Research and development expenses decreased to $21,906,000 for the three months ended June 28, 2025, down 21.2% from $27,791,000 in the same period of 2024[11]. Cash Flow and Investments - Operating cash flow for the nine months ended June 28, 2025, was $32,463,000, down from $46,555,000 in 2024, indicating a decrease of 30.2%[27]. - The company reported a net cash used in investing activities of $92,398,000 for the nine months ended June 28, 2025, compared to $114,546,000 in 2024, showing a decrease of 19.4%[27]. - The company purchased outstanding shares for treasury amounting to $127,808,000 in 2025, compared to $21,832,000 in 2024, indicating a significant increase[27]. Segment Performance - Space and Defense segment net sales for the three months ended June 28, 2025, were $287.71 million, up from $258.41 million in the same period of 2024, reflecting a growth of about 11.3%[102]. - Military Aircraft segment net sales increased to $224.66 million for the three months ended June 28, 2025, compared to $207.18 million in the same period of 2024, marking an increase of approximately 8.5%[102]. - Commercial Aircraft segment net sales rose to $219.44 million for the three months ended June 28, 2025, compared to $189.37 million in 2024, reflecting a 15.87% increase[102]. Impairments and Reserves - The company reported an increase in asset impairment and inventory write-down to $10,988,000 in 2025 from $8,637,000 in 2024, representing a rise of 27.3%[27]. - The company has contract reserves of $69,832 as of June 28, 2025, reflecting anticipated losses on certain contracts[44]. Tax and Compliance - The effective tax rate for the three and nine months ended June 28, 2025, was 23.4%, compared to 20.5% and 22.7% for the same periods in 2024[16][95]. - The company does not expect any material change to its ongoing tax rate due to the recent tax law changes enacted on July 4, 2025[95]. Foreign Currency and Derivatives - The net gain from foreign currency contracts for the three months ended June 28, 2025, was $13,048, compared to a loss of $2,542 for the same period in 2024[86]. - The notional amount of outstanding foreign currency contracts was $45,035 million as of June 28, 2025, maturing through December 23, 2026[82].

Financial Performance - Moog Inc. reported record net sales of $971 million for Q3 2025, a 7% increase from $905 million in Q3 2024[2][3]. - Diluted earnings per share reached $1.87, up 7% from $1.74 in the same quarter last year, while adjusted diluted earnings per share increased by 24% to $2.37[2][3]. - The operating profit for the three months ended June 28, 2025, was $111,867,000, compared to $105,380,000 in the prior year, reflecting an increase of 6.4%[26]. - The net earnings for the nine months ended June 28, 2025, were $194,466,000, up from $182,111,000 for the same period in 2024, indicating a growth of 6.5%[21]. - Diluted net earnings per share for the three months ended June 28, 2025, were $2.37, compared to $1.91 in the same period of 2024, marking a significant increase of 24.1%[21]. - Moog Inc. achieved an adjusted total operating profit of $131,680,000 for the three months ended June 28, 2025, compared to $111,309,000 in the same period of 2024, reflecting a growth of 18.3%[28]. - The adjusted net earnings for the nine months ended June 28, 2025, were $194,466 thousand, compared to $182,111 thousand for the same period in 2024, showing an increase of 6.5%[35]. Backlog and Guidance - The twelve-month backlog hit a record $2.7 billion, primarily driven by growth in Military Aircraft and Space and Defense sectors[6]. - Moog Inc. updated its FY 2025 guidance, increasing net sales expectations to $3.8 billion from $3.7 billion, while moderating free cash flow guidance to 30-50%[11]. - The operating margin guidance was adjusted to 11.9%, down from the previous estimate of 12.7% due to anticipated tariff pressures[11]. Segment Performance - Sales in the Commercial Aircraft segment increased by 16%, while Space and Defense sales grew by 11%[7]. - The Space and Defense segment reported an operating profit margin of 14.1% for the three months ended June 28, 2025, up from 12.7% in the prior year[28]. - The Military Aircraft segment's operating profit was adjusted to $26,059,000 for the three months ended June 28, 2025, compared to $24,574,000 in the same period of 2024, indicating a growth of 6.0%[28]. - The Industrial segment's adjusted operating profit for the three months ended June 28, 2025, was $32,388,000, compared to $29,213,000 in the same period of 2024, representing an increase of 7.5%[28]. Cash Flow and Assets - Free cash flow improved to $93 million, with a conversion rate exceeding 120%[10]. - Free cash flow for the nine months ended June 28, 2025, was $(70,578) thousand, a decline from $(88,061) thousand in the same period of 2024, indicating a worsening cash flow situation[35]. - The company reported a free cash flow conversion rate of 123% for the three months ended June 28, 2025, compared to a negative conversion of (3)% in the same period of 2024[35]. - Total assets increased to $4,396,574 thousand as of June 28, 2025, up from $4,093,626 thousand in the previous year, representing a growth of 7.4%[31]. - Cash and cash equivalents at the end of the period were $59,014 thousand, up from $51,518 thousand, marking an increase of 14.5%[33]. Liabilities and Inventory - Total current liabilities decreased slightly to $988,614 thousand from $999,027 thousand year-over-year, a reduction of 1.4%[31]. - Long-term debt, excluding current installments, rose to $1,081,674 thousand, an increase of 23.8% from $874,139 thousand in the previous year[31]. - The company’s total liabilities increased to $2,452,873 thousand, up from $2,232,993 thousand, representing a growth of 9.8%[31]. - Inventories increased to $924,682 thousand as of June 28, 2025, from $863,702 thousand, reflecting a rise of 7.1%[31]. Tax and Other Financial Metrics - The effective income tax rate for the three months ended June 28, 2025, was 22.8%, compared to 19.3% for the same period in 2024[21]. - Moog Inc. reported a total earnings before income taxes of $97,795,000 for the three months ended June 28, 2025, compared to $76,834,000 in the same period of 2024, reflecting a growth of 27.3%[21]. - Military Aircraft operating margin declined by 360 basis points to 8.0%, impacted by charges related to a product development termination[8]. - The adjusted operating margin rose to 13.6%, an increase of 130 basis points from 12.3% in the previous year[9]. - The company acquired COTSWORKS after the quarter-end, enhancing its Space and Defense product portfolio[6].

Financial Performance - Moog Inc. reported record net sales of $971 million for Q3 2025, a 7% increase from $905 million in Q3 2024[2][3]. - Diluted earnings per share reached $1.87, up 7% from $1.74 in the prior year, while adjusted diluted earnings per share increased by 24% to $2.37[2][3][6]. - The operating profit for the three months ended June 28, 2025, was $111,867,000, compared to $105,380,000 for the same period in 2024, reflecting an increase of about 6.4%[26]. - Moog Inc. achieved net earnings of $75,513,000 for the three months ended June 28, 2025, compared to $62,010,000 for the same period in 2024, marking an increase of approximately 21.8%[21]. - The total operating profit for the nine months ended June 28, 2025, was $322,331,000, compared to $311,928,000 for the same period in 2024, reflecting a growth of about 3.3%[26]. - Net earnings for the nine months ended June 28, 2025, were $168,574 thousand, compared to $164,175 thousand for the same period in 2024, reflecting a year-over-year increase of about 2.9%[33]. Backlog and Guidance - The twelve-month backlog hit a record $2.7 billion, primarily driven by Military Aircraft and Space and Defense sectors[6]. - Moog Inc. has updated its FY 2025 guidance, projecting net sales of $3.8 billion, up from the previous estimate of $3.7 billion[11]. - The company anticipates a diluted net earnings per share of $7.44 for FY 2025, down from the previous guidance of $7.89[11]. Segment Performance - Sales in the Commercial Aircraft segment increased by 16%, while Space and Defense sales grew by 11%[7]. - The Space and Defense segment reported an operating profit margin of 13.3% for the three months ended June 28, 2025, slightly up from 12.6% in the same period of 2024[26]. - The Military Aircraft segment's operating profit for the three months ended June 28, 2025, was $17,994,000, down from $23,965,000 in the same period of 2024, indicating a decline of approximately 25.0%[26]. - The Industrial segment reported net sales of $239,560,000 for the three months ended June 28, 2025, a decrease from $249,784,000 in the same period of 2024, representing a decline of about 4.1%[26]. Cash Flow and Assets - Free cash flow improved to $93 million, with a conversion rate exceeding 120%[10][6]. - Free cash flow for the nine months ended June 28, 2025, was $(70,578) thousand, compared to $(88,061) thousand for the same period in 2024, indicating an improvement of approximately 20.0%[35]. - Cash and cash equivalents at the end of the period were $59,014 thousand, an increase from $51,518 thousand in June 2024, marking a growth of about 14.5%[33]. - Total assets increased to $4,396,574 thousand in June 2025, up from $4,093,626 thousand in September 2024, representing a growth of approximately 7.4%[31]. Liabilities and Equity - Total current liabilities decreased slightly to $988,614 thousand in June 2025 from $999,027 thousand in September 2024, a reduction of approximately 1.4%[31]. - Long-term debt, excluding current installments, rose to $1,081,674 thousand in June 2025, up from $874,139 thousand in September 2024, representing an increase of about 23.7%[31]. - Total shareholders' equity increased to $1,943,701 thousand in June 2025, up from $1,860,633 thousand in September 2024, indicating a growth of approximately 4.5%[31]. Operating Margins - The adjusted operating margin rose to 13.6%, an increase of 130 basis points from 12.3% in the previous year[3][9]. - Operating margin for Q3 2025 was 11.5%, a slight decrease of 10 basis points from the prior year[3][8]. - Moog Inc. adjusted its total operating profit to $131,680,000 for the three months ended June 28, 2025, compared to $111,309,000 for the same period in 2024, reflecting an increase of approximately 18.3%[28]. Tax and Depreciation - The effective income tax rate for the three months ended June 28, 2025, was 22.8%, compared to 19.3% for the same period in 2024[21]. - The company reported a depreciation expense of $69,292 thousand for the nine months ended June 28, 2025, compared to $64,302 thousand for the same period in 2024, reflecting an increase of about 7.8%[33].

Moog (MOG.A) came out with quarterly earnings of $2.37 per share, beating the Zacks Consensus Estimate of $2.1 per share. This compares to earnings of $1.91 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of +12.86%. A quarter ago, it was expected that this aerospace contractor would post earnings of $1.8 per share when it actually produced earnings of $1.92, delivering a surprise of +6.67%.Over the last four quarters, the compan ...

Wall Street expects a year-over-year decline in earnings on higher revenues when Woodward (WWD) reports results for the quarter ended June 2025. While this widely-known consensus outlook is important in gauging the company's earnings picture, a powerful factor that could impact its near-term stock price is how the actual results compare to these estimates.The stock might move higher if these key numbers top expectations in the upcoming earnings report, which is expected to be released on July 28. On the oth ...

Moog (MOG.A) is expected to deliver a year-over-year increase in earnings on higher revenues when it reports results for the quarter ended June 2025. This widely-known consensus outlook gives a good sense of the company's earnings picture, but how the actual results compare to these estimates is a powerful factor that could impact its near-term stock price.The stock might move higher if these key numbers top expectations in the upcoming earnings report, which is expected to be released on July 25. On the ot ...

Group 1 - The report provides a comprehensive analysis of the global and Chinese high-precision six-legged robot industry, focusing on investment strategies and risk outlook from 2025 to 2031 [1][3] - It categorizes high-precision six-legged robots by product type and application, highlighting growth trends and market dynamics [4][5] - The report includes forecasts for production capacity, output, and market demand for high-precision six-legged robots globally and in China from 2020 to 2031 [4][5] Group 2 - The industry development status is analyzed, including key characteristics, influencing factors, and barriers to entry [4][5] - The report predicts the supply and demand situation for high-precision six-legged robots, detailing production and sales trends across major regions [4][5] - It examines the competitive landscape, including market share and revenue of leading manufacturers in both global and Chinese markets [4][5] Group 3 - The report discusses different product types and applications of high-precision six-legged robots, providing sales and revenue forecasts [6][7] - It analyzes the industry supply chain, including procurement and production models, as well as sales channels [8][9] - The report concludes with a SWOT analysis of Chinese enterprises in the high-precision six-legged robot sector and an overview of the policy environment [6][7]

Financial Performance - Net sales for the three months ended March 29, 2025, were $934,840,000, a slight increase from $930,303,000 for the same period in 2024, representing a growth of 0.2%[11] - Gross profit for the six months ended March 29, 2025, was $498,318,000, compared to $499,977,000 for the same period in 2024, indicating a decrease of 0.3%[11] - Net earnings for the three months ended March 29, 2025, were $55,754,000, down from $60,003,000 in the same period of 2024, reflecting a decline of 7.4%[11] - Comprehensive income for the three months ended March 29, 2025, was $80,866,000, compared to $48,650,000 for the same period in 2024, showing an increase of 66.1%[14] - Net earnings for the six months ended March 29, 2025, were $108,867,000, compared to $107,815,000 for the same period in 2024, reflecting a slight increase of 0.97%[25] - Operating profit for the three months ended March 29, 2025, was $109.31 million, compared to $112.01 million for the same period in 2024, reflecting a decrease of approximately 2.3%[99] - Total operating profit for the six months ended March 29, 2025, was $210.46 million, compared to $206.55 million for the same period in 2024, reflecting a growth of approximately 1.9%[99] Expenses and Costs - Research and development expenses decreased to $24,481,000 for the three months ended March 29, 2025, down from $28,382,000 in the same period of 2024, a reduction of 13.4%[11] - The company reported a depreciation expense of $45,822,000 for the six months ended March 29, 2025, compared to $42,276,000 for the same period in 2024, indicating an increase of 6.03%[25] - Total finance lease cost for the six months ended March 29, 2025, increased to $10,365, up 60% from $6,465 in the same period in 2024[64] - The total expense for U.S. defined benefit plans was $4,272 million for the three months ended March 29, 2025, compared to $5,922 million for the same period in 2024[89] Assets and Liabilities - Total assets increased to $4,319,255,000 as of March 29, 2025, from $4,093,626,000 as of September 28, 2024, representing a growth of 5.5%[16] - The company’s long-term debt, excluding current installments, increased to $1,165,662,000 as of March 29, 2025, from $874,139,000 as of September 28, 2024, a rise of 33.3%[16] - Accounts receivable increased to $502,093 as of March 29, 2025, compared to $388,841 as of September 28, 2024[51] - Total inventories, net of reserves, were $902,551 as of March 29, 2025, up from $863,702 as of September 28, 2024[57] - The company recognized additional revenue of $2,604 and $11,274 for the three and six months ended March 29, 2025, respectively, due to adjustments made to performance obligations satisfied in previous periods[40] Cash Flow and Dividends - Cash and cash equivalents rose to $62,124,000 as of March 29, 2025, compared to $61,694,000 as of September 28, 2024, a slight increase of 0.7%[16] - Cash dividends were $0.29 per share for the three months ended March 29, 2025, compared to $0.28 per share for the same period in 2024, an increase of 3.6%[20] - The company reported a net cash used by operating activities of $(92,862,000) for the six months ended March 29, 2025, compared to a net cash provided of $16,389,000 for the same period in 2024[25] Segment Performance - The Space and Defense segment generated net sales of $270.18 million for the three months ended March 29, 2025, compared to $266.79 million in the same period of 2024, indicating a growth of about 1.5%[97] - The Military Aircraft segment reported an operating profit of $23.72 million for the three months ended March 29, 2025, up from $16.77 million in the same period of 2024, representing an increase of approximately 41.5%[99] - The Industrial segment reported net sales of $234.43 million for the three months ended March 29, 2025, down from $253.42 million in the same period of 2024, a decrease of approximately 7.5%[97] Tax and Compliance - The effective tax rate for the three months ended March 29, 2025, was 24.2%, higher than the U.S. federal statutory tax rate of 21% due to various factors including state income taxes[90] - The company expects to adopt ASU no. 2023-07 for segment reporting in FY 2025, which will require additional disclosures regarding segment expenses[30] - The company is currently reviewing ASU no. 2023-09, which will expand annual income tax disclosures effective for fiscal years beginning after December 15, 2024[30] Other Financial Metrics - The company recorded a net gain of $250 from equity method investments for the three months ended March 29, 2025, compared to a gain of $338 for the same period in 2024[69] - The company recorded a net gain of $3,533 on foreign currency contracts for the three months ended March 29, 2025, compared to a loss of $2,919 for the same period in 2024[84] - The accumulated other comprehensive income (loss) at March 29, 2025, was $(216,999), reflecting changes in foreign currency translation and derivatives[92]

Financial Performance - Net sales for the three months ended March 29, 2025, were $934,840,000, a slight increase from $930,303,000 for the same period in 2024, representing a growth of 0.2%[11] - Net earnings for the three months ended March 29, 2025, were $55,754,000, down from $60,003,000 in the same period of 2024, reflecting a decline of 3.7%[11] - Comprehensive income for the three months ended March 29, 2025, was $80,866,000, compared to $48,650,000 for the same period in 2024, showing an increase of 66.1%[14] - Net earnings for the six months ended March 29, 2025, were $108.867 million, compared to $107.815 million for the same period in 2024, reflecting a year-over-year increase of 0.97%[25] - The total operating profit for the company was $109.31 million for the three months ended March 29, 2025, down from $112.01 million in the same period of 2024, indicating a decline of about 2.4%[99] Expenses and Costs - Gross profit for the six months ended March 29, 2025, was $498,318,000, compared to $499,977,000 for the same period in 2024, indicating a decrease of 0.3%[11] - Research and development expenses decreased to $24,481,000 for the three months ended March 29, 2025, down from $28,382,000 in the same period of 2024, a reduction of 13.4%[11] - The company reported a depreciation expense of $45,822 million for the six months ended March 29, 2025, compared to $42,276 million in the same period of 2024, indicating an increase of 12.0%[25] - Total finance lease cost for the six months ended March 29, 2025, was $10,365 million, an increase of 60.0% from $6,465 million for the same period in 2024[64] Assets and Liabilities - Total assets as of March 29, 2025, were $4,319,255,000, an increase from $4,093,626,000 as of September 28, 2024, representing a growth of 5.5%[16] - Long-term debt, excluding current installments, increased to $1,165,662,000 as of March 29, 2025, compared to $874,139,000 as of September 28, 2024, a rise of 33.3%[16] - The company reported a net cash used by investing activities of $58,957 million for the six months ended March 29, 2025, compared to $83,956 million in the same period of 2024, showing an improvement[25] - The company had outstanding foreign currency contracts with notional amounts of $55,326 million as of March 29, 2025, to manage foreign exchange risk[80] Shareholder Information - Cash dividends declared were $0.29 per share for the three months ended March 29, 2025, compared to $0.28 per share for the same period in 2024, reflecting a growth of 3.6%[20] - The company declared a quarterly dividend of $0.29 per share, payable on May 27, 2025, to shareholders of record as of May 9, 2025[105] - Total shareholders' equity at the end of the period was $1,835,417 thousand, up from $1,753,259 thousand a year earlier, reflecting an increase of 4.68%[22] Segment Performance - Operating profit for the Space and Defense segment was $32.78 million for the three months ended March 29, 2025, compared to $42.24 million in the same period of 2024, reflecting a decrease of approximately 22.5%[99] - Military Aircraft segment net sales were $213.85 million for the three months ended March 29, 2025, up from $202.50 million in the same period of 2024, reflecting an increase of approximately 5.7%[97] - The Space and Defense segment reported net sales of $270,184 million for the three months ended March 29, 2025, up from $266,787 million in the prior year, reflecting a growth of approximately 0.5%[98] Adjustments and Provisions - The company recorded an out of period adjustment of $7.540 million related to warranty expense in Commercial Aircraft, which increased cost of sales and decreased unbilled receivables[31] - The allowance for credit losses was $3,099 million, reflecting the company's assessment of customer account collectability[56] - The company recorded a warranty accrual of $21,782 million as of March 29, 2025, down from $23,616 million as of September 28, 2024[78] Future Expectations and Plans - The company expects additional costs of up to approximately $3,700 related to retention agreements under the 2023 restructuring plan, which will continue through 2027[88] - The company is reviewing the impact of new accounting standards, including ASU no. 2023-07 and ASU no. 2023-09, which will affect segment reporting and income tax disclosures, respectively[30] - The company expects restructuring payments to be made within a year, except for portions classified as long-term liabilities[88]

Financial Performance - Moog Inc. reported Q2 2025 net sales of $935 million, a slight increase of 0% compared to Q2 2024's $930 million[3]. - Diluted net earnings per share for Q2 2025 were $1.75, down 6% from $1.86 in Q2 2024, while adjusted diluted net earnings per share decreased 12% to $1.92 from $2.19[3][5]. - The operating margin for Q2 2025 was 11.7%, a decline of 30 basis points from 12.0% in Q2 2024, primarily due to the absence of a one-time Employee Retention Credit benefit[3][7]. - Adjusted operating margin for Q2 2025 was 12.5%, down 110 basis points from 13.6% in Q2 2024, but up 40 basis points when excluding the prior year's ERC benefit[8]. - The company reported a total operating profit margin of 12.5% for the three months ended March 29, 2025, compared to 13.6% for the same period in 2024[22]. - The company’s net earnings for the six months ended March 29, 2025, were $108,867 thousand, compared to $107,815 thousand for the same period in 2024, showing a growth of 1.0%[26]. Sales Performance - Military Aircraft sales increased by 6% to $214 million, and Commercial Aircraft sales rose by 4% to $216 million, while Industrial sales fell by 7% to $234 million[6]. - Net sales for the three months ended March 29, 2025, were $934,840 thousand, a slight increase from $930,303 thousand for the same period in 2024, representing a growth of 0.6%[21]. - Operating profit for the total company for the six months ended March 29, 2025, was $210,464 thousand, compared to $206,548 thousand for the same period in 2024, reflecting an increase of 1.9%[21]. - The Space and Defense segment reported an operating profit margin of 12.6% for the three months ended March 29, 2025, down from 15.9% in the same period of 2024[22]. - The Industrial segment's adjusted operating profit for the six months ended March 29, 2025, was $61,451 thousand, compared to $62,695 thousand for the same period in 2024, reflecting a decrease of 2.0%[22]. Cash Flow and Liquidity - Free cash flow for Q2 2025 was $2 million, a significant improvement from a negative $84 million in Q2 2024, driven by lower working capital requirements[3][9]. - Net cash provided by operating activities for Q2 2025 was $39,422,000, compared to a cash used of $(44,002,000) in Q2 2024[27]. - Free cash flow for Q2 2025 was $1,818,000, a significant improvement from $(84,116,000) in Q2 2024[27]. - Free cash flow conversion for Q2 2025 was 3%, compared to a negative conversion of (119%) in Q2 2024[27]. - Free cash flow for the first half of 2025 was $(163,244,000), compared to $(86,141,000) in the first half of 2024[27]. - The company reported a free cash flow conversion of (137%) for the first half of 2025, compared to (72%) in the first half of 2024[27]. - The financial measures presented are not GAAP-compliant but are believed to be useful for evaluating the company's liquidity and financial condition[27]. - Management emphasizes that free cash flow and conversion metrics may not be comparable with those used by other companies[27]. Guidance and Future Outlook - Moog Inc. reiterated its 2025 guidance, projecting net sales of $3.7 billion and adjusted diluted net earnings per share of $8.20[10]. - The twelve-month backlog remained steady at $2.5 billion, indicating stable future revenue prospects[5]. - The company acknowledged potential net tariff risks to operating profit, estimated between $10 million to $20 million[5]. Expenses and Debt - Research and development expenses for Q2 2025 were $24.5 million, compared to $28.4 million in Q2 2024, reflecting a focus on cost management[17]. - Long-term debt, excluding current installments, rose to $1,165,662 thousand as of March 29, 2025, up from $874,139 thousand as of September 28, 2024, indicating a significant increase of 33.3%[24]. - Total current assets increased to $2,331,772 thousand as of March 29, 2025, compared to $2,140,749 thousand as of September 28, 2024, marking a growth of 8.9%[24].