Loar Holdings Inc. · NYSE:LOAR
Loar — Q1 2026 Earnings Presentation
19 slides from Loar's earnings presentation, May 7, 2026
Slide 1: Q1 2026 Earnings Presentation
Loar Holdings Inc. Q1 2026 Earnings Presentation Proprietary and Confidential 1
Slide 2: Forward Looking Statements & Special Notice Regarding Pro Forma and Non-GAAP Information
Forward Looking Statements & Special Notice Regarding Pro Forma and Non-GAAP Information Forward-Looking Statements This presentation includes express or implied forward-looking statements. Forward-looking statements include all statements that are not historical facts, including those that reflect
Slide 3: Agenda
Agenda Today’s Speakers: • Our Value Drivers, Our Portfolio, • Dirkson Charles – CEO and and Our Products Executive Co-Chairman of the Board of Directors • Brett Milgrim – Executive Co- • Q1 2026 Earnings Highlights Chairman of the Board of Directors • Glenn D’Alessandro – CFO and Treasurer • Full Y
Slide 4: Consistent and predictable performance…
Consistent and predictable performance… Executing our value drivers Achieved 40% Adjusted EBITDA margin Resilient & diversified portfolio Leaning into collaboration across our business units New business pipeline at record high Strong start to 2026… Proprietary and Confidential 4
Slide 5: Simple approach to driving value…
Simple approach to driving value… Net Sales Adj. EBITDA $645 - $655 $257 - $262 Revenue $496 Guide +$5.0M $189 $403 $146 $318 $113 $239 Adj. EBITDA $83 $183 $189 $165 Guide $63 $61 $51 $76 $94 $113 +$4.0M $32 $38 $23 $39 $42 $7 $10 $9 $23 $2 $4 * CAGR is calculated using the mid-point of the 2026 Gu
Slide 6: A diverse and balanced portfolio…
A diverse and balanced portfolio… Loar Group specializes in the design, manufacture, and sale of niche components that are essential for today’s aerospace and defense systems. Products End Market(1) Aftermarket vs. OEM(1) (% of 2025 Revenue) (% of 2025 Revenue) Non-Aviation Non- 4% Aftermarket Propr
Slide 7: Adding one to two brands to our family of companies each year…
Adding one to two brands to our family of companies each year… Wide-Ranging Components Engineered Piston Ice Protection Systems and High Performance Component Manufacturer and Assemblies and Sealing Rings Drag Reduction Technologies Fans and Motors Illumination and Precision Water Purification High
Slide 8: Products that support every aspect of flight…
Products that support every aspect of flight… Diverse Portfolio Offering With Over 25,000 Products Offered No one part is more than approximately 3% of the company’s 2025 Net Sales* (*) Pro forma sales for full year 2025. Includes full year impact of the Beadlight, LMB Fans & Motors and Harper Engin
Slide 9: Organic new business pipeline…
Organic new business pipeline… Com Com Biz Jet, GA, Roto BJ/GA 22% Mil Brakes Cockpit Safety 5 Year Organic Growth Com Com Opportunities Commercial Mil ~$700M BJ/GA 56% Auto Throttles De-Ice Military 22% Com Com BJ/GA BJ/GA We need to convert less than 15% of these opportunities to achieve 3% Mil Av
Slide 10: Results by End Market – Pro Forma
Results by End Market – Pro Forma(1) End Market Drivers Pro Forma(1) Net Sales Q1 2026 vs Total Commercial OEM: End Market Q1 2025 • Improving OEM production Total Commercial +17.9% environment OEM Total Commercial Aftermarket: Total Commercial +11.4% • Secular increases in travel continues Aftermar
Slide 11: Quarterly Financial Results
Quarterly Financial Results Q1 Q1 $thousands 2026 2025 ∆ Net Sales 156,088 114,659 36.1% • Net sales up 11.4% organically Gross Profit 79,241 59,706 32.7% • Non-cash inventory step-up and higher amortization acquired Margin 50.8% 52.1% intangible assets from the acquisitions of LMB and Harper. Net I
Slide 12: Adjusted EBITDA margin drumbeat
Adjusted EBITDA margin drumbeat Operating Leverage Winning Profitable New Business ~40.0% 38.1% 40.5% Executing on Productivity Initiatives 36.3% 37.6% 35.5% 34.7% Value-Based Pricing 32.2% 30.9% Initial Margin of Acquisitions 2020 2021 2022 2023 2024 2025 2026 Q1 2025 Q1 2026 Guide Public Company I
Slide 13: 2026 Market Assumptions
2026 Market Assumptions Total Commercial - Total Commercial - OEM Defense Aftermarket Low-double digits Low-double digits Mid-single digits Proprietary and Confidential 13
Slide 14: Full Year 2026 Outlook Details
Full Year 2026 Outlook Details 2026 Previous Outlook* 2026 Revised Outlook* Low High Low High $millions except for Earnings Per Share 1.26 Net Sales $640 $650 Net Sales $645 $655 Adjusted EBITDA $253 $258 Adjusted EBITDA $257 $262 Adjusted EBITDA Margin ~40% Adjusted EBITDA Margin ~40% Net Income $5
Slide 15: Full Year 2026 Outlook – Assumptions
Full Year 2026 Outlook – Assumptions Full Year 2026 Outlook Capital Expenditures ~ $19 million Full Year Interest Expense ~ $80 million Full Year Effective Tax Rate ~ 25% Depreciation ~ $15 million Amortization ~ $65 million, up from ~ $60 million Non-Cash Stock-Based Compensation ~ $18 million, up
Slide 16: Appendix – Reconciliation of Net Income to EBITDA and Adjusted EBITDA
Appendix – Reconciliation of Net Income to EBITDA and Adjusted EBITDA (in thousands unless otherwise indicated) Three Months Ended March 31, 2026 2025 Net income $ 11,143 $ 15,316 Adjustments: Interest expense, net 18,710 6,459 Income tax provision 3,664 4,369 Operating income 33,517 26,144 Deprecia
Slide 17: Appendix – Reconciliation of Earnings Per Share to Adjusted Earnings Per Share
Appendix – Reconciliation of Earnings Per Share to Adjusted Earnings Per Share Three Months Ended March 31, 2026 2025 Reported earnings per share Net income $ 11,143 $ 15,316 Denominator for basic and diluted earnings per common share: Weighted-average common shares outstanding—basic 93,623 93,556 E
Slide 18: Appendix – Reconciliation of Net (Loss) Income to EBITDA and Adjusted EBITDA
Appendix – Reconciliation of Net (Loss) Income to EBITDA and Adjusted EBITDA (in thousands unless otherwise indicated) EBITDA & Adjusted EBITDA Reconciliations (dollars in thousands) 2017 October 2, 2017 Year Ended Year Ended Year Ended Year Ended Year Ended Year Ended Year Ended Year Ended 12 Month
Slide 19: Appendix – Reconciliation of Net (Loss) Income to EBITDA and Adjusted EBITDA
Appendix – Reconciliation of Net (Loss) Income to EBITDA and Adjusted EBITDA (1) For the period January 1, 2017, through October 1, 2017 (“Predecessor Period”), the Company is referred to as the “Predecessor.” For the period October 2, 2017, through December 31, 2017 (“Successor Period”), the Compan