Every 10-Q that Carpenter Technology Corp (CRS) has filed with the SEC in the last 24 months is listed below, newest first, and each one links through to the document itself with the summary and the scores our analysis gives it.
A 10-Q covers the quarterly report filed between annual reports, so if you follow CRS and want that one kind of document rather than the whole filing history, this is the page to keep. The company's other filings, of every form, are on the full CRS filings page.
Carpenter Technology Corporation reported stronger quarterly results, with net sales of $811.5 million versus $727.0 million a year earlier, driven mainly by Aerospace and Defense demand. Net income rose to $139.6 million, or $2.77 diluted EPS, compared with $95.4 million and $1.88.
Operating income increased to $186.5 million from $137.8 million as product mix shifted toward higher-value materials and pricing and productivity improved, particularly in the Specialty Alloys Operations segment. Gross margin expanded to 31.0% of sales, or 38.4% excluding raw‑material surcharges.
For the nine months, net sales reached $2,273.2 million and operating cash flow grew to $364.9 million from $182.3 million, supporting capital spending of $157.6 million and share repurchases of 445,000 shares for $133.9 million while maintaining long-term debt near $690 million.
Carpenter Technology Corporation reported a strong quarter with higher sales, record segment margins, and robust cash generation. Net sales for the three months ended December 31, 2025 rose to $728.0 million, up from $676.9 million. Net income increased to $105.3 million, or $2.09 per diluted share, compared with $1.66 a year earlier.
Gross profit expanded to $218.3 million, or 30.0% of sales, helped by a richer product mix, price increases, and operational efficiencies. The SAO segment delivered operating income of $174.6 million and a 26.4% margin, its best quarter on record. Operating income company-wide rose to $155.2 million, even after a $15.6 million debt extinguishment loss.
Cash provided by operating activities for the six months reached $171.4 million, up from $108.1 million, funding $88.9 million of capital expenditures and a share repurchase of 300,000 shares for $81.2 million. The company refinanced its debt by issuing $700.0 million of 5.625% senior notes due 2034 and fully redeeming notes due 2028 and 2030, while maintaining long-term debt near prior levels.
Carpenter Technology (CRS) reported stronger quarterly results. For the three months ended September 30, 2025, net sales were $733.7 million versus $717.6 million a year ago, while gross profit rose to $216.4 million from $176.3 million. Operating income increased to $153.3 million from $113.6 million, and net income grew to $122.5 million from $84.8 million. Diluted EPS was $2.43, up from $1.67.
Segment performance was led by Specialty Alloys Operations, with segment operating income of $170.7 million; Performance Engineered Products delivered $9.4 million. Aerospace and Defense end‑market sales totaled $470.9 million, up from $437.4 million. Operating cash flow was $39.2 million. Cash and equivalents were $208.0 million as of quarter end, down from $315.5 million at June 30, 2025.
The company repurchased 200,000 shares for $49.1 million; $249.0 million remained available under the $400.0 million program as of September 30, 2025. Long‑term debt was $695.7 million, and $348.9 million remained available under the $350.0 million revolving credit facility. The effective tax rate was 15.4% and included $10.8 million of discrete tax benefits related to share‑based compensation.