Company Overview - StandardAero is a leading provider of engine aerospace aftermarket services with a pure-play focus on the aero engine aftermarket [3] - 80% of StandardAero's revenue comes from platforms that hold either the 1 or 2 market position, providing strong market visibility [3] - 77% of the company's revenue is derived from customers with long-term agreements, enhancing revenue predictability [3] Business Segments - The company is organized into two main segments: Engine Repair and Overhaul (MRO) and Component Repair Services, which create synergies through partnerships with OEMs and airlines [4] - The engine aftermarket represents the largest portion of the aerospace aftermarket, valued at $111 billion, with engines accounting for 48% of this market [5] Market Characteristics - The engine aftermarket is characterized as the highest growing and most profitable segment within the aerospace aftermarket, with significant regulatory oversight and high barriers to entry [5]

Financial Performance Highlights - Q2 2025 revenue reached $1,529 million, a 13.5% year-over-year increase compared to $1,347 million in Q2 2024[15] - Adjusted EBITDA for Q2 2025 was $205 million, representing a 20.1% year-over-year increase from $170 million in Q2 2024[15] - Adjusted EBITDA margin improved to 13.4% in Q2 2025, an increase of 80 bps year-over-year[15] - For the first half of 2025, revenue totaled $2,965 million, a 14.8% increase compared to $2,583 million in the first half of 2024[18] - First half 2025 Adjusted EBITDA reached $403 million, a 19.9% increase year-over-year from $336 million[18] Segment Performance - Engine Services revenue for Q2 2025 was $1,351 million, up 11.5% year-over-year from $1,211 million in Q2 2024[34] - Engine Services Adjusted EBITDA for Q2 2025 was $179 million, a 16.2% increase year-over-year from $154 million[34] - Component Repair Services revenue for Q2 2025 was $178 million, a 31.3% increase year-over-year from $136 million in Q2 2024[39] - Component Repair Services Adjusted EBITDA for Q2 2025 was $52 million, a 49.6% increase year-over-year from $35 million[39] Updated Guidance - The company raised its full-year 2025 revenue guidance to $5,875 - $6,025 million, representing a 12% to 15% year-over-year increase[21] - Full-year 2025 Adjusted EBITDA guidance was raised to $790 - $810 million, with an approximate 13.4% margin[21]