Slide 1: Third Quarter 2026 Earnings Supplemental
moog Third Quarter 2026 Earnings Supplemental July 2026
Slide 2: Disclosures
Disclosures Cautionary Statement Regarding Forward Looking Information This presentation contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, which can be identified by wor
Slide 3: Third Quarter 2026 Highlights
Third Quarter 2026 Highlights Achieved a record quarter, reflecting strength across the portfolio Robust financial performance driven by winning formula of innovation and operational excellence On-track to deliver against our long-term financial A objectives and investor day goals 3
Slide 4: Third Quarter 2026 Operational Highlights
Third Quarter 2026 Operational Highlights Expanded aftermarket partnerships with Military and Commercial aircraft customers Customer Focus Announced new European defense capabilities Quickly ramping manufacturing capacity to meet data center cooling demand People, Community New training cent
Slide 5: Third Quarter 2026 Financial Headlines
Third Quarter 2026 Financial Headlines Record Record $1.1B 16.4% $3.72 $133M Sales Adjusted Adjusted Net Free Cash Operating Earnings Flow* Margin* Per Share* Record quarter driven by significant sales growth, tariff refunds and robust free cash flow* * Non-GAAP measures, see Appendix for reconcilia
Slide 6: Third Quarter 2026 Sales
Third Quarter 2026 Sales USD in millions 15% $1,117 Sales Q3’26 Q3’25 Delta Comments Space and Defense $ 336 $ 288 17% Broad-based defense demand led by missile controls and space vehicles $970 Military Aircraft 245 225 9% Strong aftermarket activity and continued higher MV-75 activity Commercial Ai
Slide 7: Third Quarter 2026 Adjusted Operating Margin
Third Quarter 2026 Adjusted Operating Margin* Adjusted Operating Q3’26 Q3’25 Delta Comments 280bps Margins* (bps) 16.4% 14.2% Space and Defense 15.7% 150 Business performance; also tariff refunds, partially offset by investments Military Aircraft 14.7% 11.8% 290 Business performance and, to a lesser
Slide 8: Adjusted Operating Margin & EPS Bridges
Third Quarter 2026 Adjusted Operating Margin* & EPS* Bridges Q3 Adjusted Operating Margin*: 2025 to 2026 Q3 Adjusted EPS*: 2025 to 2026 $0.15 +270 bps 16.4% $3.72 $0.70 +80 bps 13.6% (70) bps $0.72 $2.33 $(0.18) Q3'25 Adj. Prior year's Business IEEPA tariff refund Q3'26 Adj. Q3’25 Prior year's Busin
Slide 9: 2026 Guidance as of July
2026 Guidance as of July $4.4B 14.1% $11.65** 70% Sales Adjusted Adjusted Net Free Cash Operating Earnings Flow Margin* Per Share* Conversion* Robust business performance, tariff refund and tax credits drove FY’26 guidance increase * Non-GAAP measures, see Non-GAAP Financial Measures disclosure on s
Slide 10: Change in 2026 Guidance: Segment Sales & Margins
Change in 2026 Guidance: Segment Sales & Margins USD in millions Sales FY’26 (F) FY’26 (F) Delta Adjusted Operating Margins* FY’26 (F) FY’26 (F) Delta As of Jul’26 As of Apr’26 ($) As of Jul’26 As of Apr’26 (bps) Space and Defense $1,310 $1,300 $10 Space and Defense 14.6% 14.3% 30 Military Aircraft
Slide 11: Change in 2026 Guidance: Additional Information
Change in 2026 Guidance: Additional Information USD in millions, except for EPS FY’26 (F) FY’26 (F) Deltas: As of Jul’26 As of Apr’26 Jul vs Apr Total Sales $4,385 $4,335 $50 Adjusted Operating Profit* $620 $583 $37 Adjusted Operating Margin* 14.1% 13.4% 70 bps Interest $66 $68 $(2) Adjusted Effecti
Slide 12: Third Quarter 2026 Key Takeaways
Third Quarter 2026 Key Takeaways Strong demand across defense, commercial aircraft and data center cooling businesses Simplification and operational excellence enabling us to meet rapidly increasing demand Business performance, tariff refund and tax credits drove FY’26 guidance increase Continued mo
Slide 13: Appendix
MI@OOG || Shaping the way our world moves™ 13
Slide 14: Reconciliation of Adjusted Net Earnings and Diluted Net Earnings Per Share
Reconciliation of Adjusted Net Earnings and Diluted Net Earnings Per Share In USD millions, except for EPS and effective income tax rate 51% 28% 14
Slide 15: Reconciliation of Adjusted Operating Profit and Margin
Reconciliation of Adjusted Operating Profit and Margin USD in millions 51% 28% 15
Slide 16: Reconciliation to Free Cash Flow and Free Cash Flow Conversion
Reconciliation to Free Cash Flow and Free Cash Flow Conversion USD in millions 51% 28% 16