Triumph Group, Inc. (NYSE: TGI), based in Radnor, Pennsylvania, specializes in the design, development, manufacture, repair, and supply of aerospace and defense systems and components, serving both military and commercial aviation sectors. The company has reported substantial growth in its financial results for the fourth quarter and fiscal year ended March 31, 2025, indicating a stable and positive trajectory.

For the fourth quarter of fiscal 2025, Triumph reported net sales of $377.9 million, reflecting a 5% increase compared to $358.6 million in the same quarter of the previous year. Operating income reached $59.6 million with an operating margin of 16%. Adjusted operating income was reported at $68.9 million with an adjusted operating margin of 18%. Income from continuing operations was $28.2 million, translating to $0.36 per diluted share, while adjusted income from continuing operations was $37.5 million, or $0.48 per share. Adjusted EBITDAP was $78.4 million, corresponding to a margin of 21%.

Cash flow from operations totaled $147.7 million for the quarter, yielding free cash flow of $144.0 million. The fiscal year 2025 supplied additional robust figures, with net sales of $1.26 billion, up 6% from $1.19 billion in fiscal 2024. Operating income for the full year stood at $139.4 million, indicating an operating margin of 11%, while adjusted operating income was $170.4 million, with an adjusted operating margin of 13%. The company recognized income from continuing operations of $35.9 million, or $0.46 per diluted share, against an adjusted income from continuing operations of $72.2 million, equating to $0.93 per share.

For fiscal 2025, adjusted EBITDAP reached $204.5 million, with an adjusted EBITDAP margin of 16%. Cash flow from operations was reported at $37.9 million, generating a free cash flow figure of $18.8 million. Triumph’s backlog, representing the next 24 months of purchase orders with firm delivery dates, amounted to $1.9 billion.

As of March 31, 2025, Triumph Group’s total assets were $1.63 billion, down from $1.69 billion a year prior, and stockholders’ deficit narrowed to $76.4 million from $104.4 million. The company also disclosed that it has entered into a merger agreement for a total enterprise value of approximately $3 billion, anticipated to close in the second half of calendar year 2025, which has led to the suspension of quarterly earnings conference calls and guidance for fiscal 2026.