Curtiss-Wright Corporation reported a significant increase in financial performance for the third quarter and the first nine months of 2025, as detailed in its latest 10-Q filing. For the three months ended September 30, 2025, the company achieved total net sales of $869.2 million, a 9% increase from $798.9 million in the same period of 2024. The nine-month figures also reflected growth, with sales rising to $2.55 billion from $2.30 billion, marking an 11% increase. Net earnings for the third quarter were $124.8 million, up 12% from $111.2 million year-over-year, while earnings for the nine months reached $347.2 million, a 21% increase from $287.1 million in 2024.
The company's operating income also saw a notable rise, increasing by 15% to $166.3 million in the third quarter and by 21% to $451.8 million for the nine-month period. This growth was attributed to improved overhead absorption on higher sales, benefits from restructuring initiatives, and favorable product mix across all segments. The operating margin improved to 19.1% for the third quarter, up from 18.1% in the previous year, and to 17.7% for the nine months, compared to 16.3% in 2024.
In terms of strategic developments, Curtiss-Wright did not complete any acquisitions during the nine months ended September 30, 2025, but it did report $63 million in net sales and $6 million in net losses from its 2024 acquisitions. The company continues to focus on enhancing its operational efficiency through its ongoing restructuring program, which has been largely completed. The total backlog of unrecognized revenue stood at approximately $3.9 billion as of September 30, 2025, with expectations to recognize about 90% of this amount over the next three years.
Operationally, the company reported an increase in new orders, which rose to $926.9 million in the third quarter, an 8% increase from the prior year. The Aerospace & Industrial segment contributed significantly to this growth, driven by higher demand for sensors and actuation products. The Defense Electronics segment, however, experienced a decline in new orders, primarily due to timing issues related to aerospace and ground defense equipment. The company’s workforce remained stable, with no significant changes in employee headcount reported.
Looking ahead, Curtiss-Wright expressed optimism about its growth trajectory, citing strong demand in its core markets and the potential for increased sales from its existing backlog. The company remains focused on leveraging its operational excellence initiatives and strategic investments to drive future performance, despite ongoing challenges such as supply chain disruptions and inflationary pressures.
About CURTISS WRIGHT CORP
Curtiss-Wright Corporation is a global provider of highly engineered products, solutions, and services primarily serving aerospace, defense, power, and industrial markets. Its core offerings include advanced electronic systems, power management, sensors, and naval and power equipment. The company supports government and commercial customers worldwide, leveraging decades of engineering expertise, technological leadership, and a diversified portfolio to deliver mission-critical, safety-critical applications with competitive advantages in innovation and reliability.
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