SPR
Spirit AeroSystems Holdings, Inc.39.50
+0.09+0.23%
Dec 5, 4:00:02 PM EST
Earnings Call Transcripts
This Quarter (Q1 '26)
No earnings call transcript available yet
Last Quarter (Q4 '25)
No earnings call transcript available
Key Stats
Market Cap
4.64BP/E (TTM)
-Basic EPS (TTM)
-22.14Dividend Yield
0%Recent Filings
8-K
Boeing acquires Spirit, completes divestitures
Boeing completed its acquisition of Spirit AeroSystems on December 8, 2025, converting each Spirit share into 0.2055 Boeing shares. Spirit divested its Airbus business to Airbus SE and Malaysian operations to CTRM for nominal $1, while repaying all debt and securing Boeing guarantees on remaining notes. Spirit delisted from NYSE. Boeing integrates core operations; Spirit Defense runs independently.
8-K
Court OKs fee notice
Spirit AeroSystems disclosed court approval of a stockholder notice on November 13, 2025, for the ongoing fee application in the Coburn v. Shanahan merger lawsuit, where plaintiff's counsel seeks $600,000 in fees after supplemental disclosures mooted claims. The named plaintiff dismissed claims with prejudice; the court retained jurisdiction solely for the December 10 hearing. Company vows vigorous opposition. Stockholders can object by November 26.
8-K
Q3 revenue up, losses soar
Spirit AeroSystems posted Q3 2025 revenue of $1.6B, up 8% YoY on higher Boeing and Airbus deliveries, yet operating loss exploded to $647M from $585M net forward losses tied to 737, 787, A220, and A350 programs. Cash burned $187M in operations, leaving $299M on hand. Losses mount. Boeing merger awaits FTC review post-EU nod.
10-Q
Q3 FY2025 results
Spirit AeroSystems posted Q3 revenues of $1,585.4M, up 7.8% y/y from $1,470.6M, fueled by Boeing deliveries jumping to 126 shipsets (vs 88) and Airbus to 217 (vs 178), yet operating loss ballooned to $(646.5)M from $(350.1)M on $599.6M unfavorable changes in estimates including $585.2M forward losses from B737 schedule slips, supply chain costs, and A350/A220 pressures. Cash fell to $299.0M with $750.4M YTD operating outflow (vs $1,257.5M prior), total debt at $4,338.6M including $690.9M short-term, propped by Boeing/Airbus advances now totaling ~$1.1B due 2026. Boeing merger advances to Q4 2025 close post-EU approval, Airbus/Malaysia divestitures pending. Losses persist amid Boeing rate limits.
8-K
Spirit sells Malaysia unit for $95.2M
Spirit AeroSystems agreed to sell its Malaysian subsidiary to Composites Technology Research Malaysia for $95.2 million in cash on August 8, 2025, as part of its Boeing merger conditions. The deal transfers a 400,000-square-foot facility employing over 1,000, ensuring CTRM supplies Airbus A220/A320/A350 and Boeing 737/787 programs. Closing awaits regulatory nods by Q4 2025. Risks loom if approvals falter.
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