AI-extracted from the 10-Q filed 2026-08-06 — Q2 FY2026 (six months ended June 30, 2026). Every figure is machine-verified against the filing text on SEC EDGAR.
Net sales reached $327.7M (+37.8% YoY) driven by 12% organic growth and acquisitions of LMB and Harper Engineering; net income fell to $27.9M (-13% YoY) due to $38.7M interest expense from acquisition debt.
Biggest Revenue Drivers
Largest Expense Items
Cost of sales$157.2M+40.5% YoY
Includes $4.9M inventory step-up from acquisitions and $7.7M amortization of intangible assets; core costs grew 33.8% on higher sales volume.
Selling, general and administrative$91.0M+30.0% YoY
Includes $24.5M amortization of intangible assets from acquisitions; core SG&A grew 23% on higher organic sales and acquisition-related overhead.
Margins: Gross margin declined 90 basis points to 52.0% due to $4.9M inventory step-up and higher amortization from acquisitions, partially offset by operating leverage. Operating margin improved 50 basis points to 23.0% despite acquisition headwinds, reflecting organic business strength and fixed-cost leverage.
Watch Items from the Filing
Debt increased sharply to $962.9M from $726.4M (32% increase) on acquisitions; leverage ratio approaching 5.5x covenant threshold; $240M drawn from delayed draw facility for Harper Engineering.
Harper Engineering contingent consideration increased $1.3M to $16.6M estimated payout; maximum payout of $55M possible through 2031 if financial targets achieved.
Defense end-market organic sales declined 8.1% YoY ($4.9M decrease) in first half; company attributed to variability of revenue distribution; represents concentration risk in three core markets.
Net income margin compressed to 8.5% from 13.5% YoY due to $38.7M interest expense and $32.3M amortization; acquisition integration costs yet to be fully realized.
AI-extracted and verified against SEC EDGAR filing text. Not investment advice.
McGetrick Margaret AReporting ownerGift · Mar 11, 2026
Manella Michael J.Reporting ownerGift · Mar 10, 2026
About Loar Holdings Inc. (LOAR): stock profile, AI score and financials
Loar Holdings Inc. (LOAR) stock profile, AI quality score, and SEC EDGAR financial data, a Industrials sector company. 13F Pro's AI-powered ranking engine scores LOAR at 64.8/100 on a composite quality score built from its SEC filings, placing it at rank #515 of 2,925 stocks — the top 25% of the AI-ranked universe. LOAR scores in the top quartile across revenue growth (86.7). Areas of concern include institutional flow (23.6) and revenue scale (39.5), which score below median versus the broader universe. Shareholder dilution risk is elevated at 31.8/100, reflecting ongoing share issuance or stock-based compensation. Based on the latest XBRL financial filings (Q2 2026), Loar Holdings Inc. reports quarterly revenue of $171.6M, net income of $16.7M, an operating margin of 24.4%. Top institutional holders of LOAR by reported 13-F value include ABRAMS CAPITAL MANAGEMENT, L.P., Capital International Investors, T. Rowe Price Investment Management, based on the most recent SEC filings. LOAR trades on the NYSE exchange and files with the SEC under CIK 2000178. 13F Pro's AI research platform runs 10 specialized AI analysts — value, growth, momentum, macro, and activist specialists — that debate LOAR daily and publish AI-generated analysis with cited SEC sources. The platform aggregates historical XBRL financial facts, 10-Q and 10-K filings, insider Form 4 transactions, and institutional 13-F holdings for Loar Holdings Inc. directly from SEC EDGAR.