卡朋特科技 2026年季度报告

FORM10-Q (Mark One) ☒QUARTERLY REPORT PURSUANT TO SECTION13 OR 15(d)OF THE SECURITIESEXCHANGE ACT OF 1934 For the quarterly period ended December31, 2025 or ☐TRANSITION REPORT PURSUANT TO SECTION13 OR 15(d)OF THE SECURITIESEXCHANGE ACT OF 1934 For the transition period fromto Commission File Number 1-5828 CARPENTER TECHNOLOGY CORPORATION(Exact name of Registrant as specified in its Charter) Delaware(State or other jurisdiction of incorporation or organization) 23-0458500 (I.R.S. Employer Identification No.) 19103(Zip Code) (Registrant's telephone number, including area code) Securities registered pursuant to Section12(b)of the Act: Name of each exchange on which registered Indicate by check mark whether the registrant (1)has filed all reports required to be filed by Section13 or 15(d)of the SecuritiesExchange Act of 1934 during the preceding 12 months (or for such shorter period that the registrant was required to file such reports),and (2)has been subject to such filing requirements for the past 90 days.Yes☒No☐ Indicate by check mark whether the registrant has submitted electronically every Interactive Data File required to be submittedpursuant to Rule405 of Regulation S-T (§232.405 of this chapter) during the preceding 12 months (or for such shorter period that theregistrant was required to submit such files).Yes☒No☐ Table of Contents Indicate by check mark whether the registrant is a large accelerated filer, an accelerated filer, a non-accelerated filer, a smallerreporting company or an emerging growth company. See the definitions of "large accelerated filer," "accelerated filer," "smallerreporting company" and "emerging growth company" in Rule12b-2 of the Exchange Act. If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period forcomplying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act.☐ Indicate by check mark whether the registrant is a shell company (as defined in Rule12b-2 of the Exchange Act).Yes☐No☒ The number of shares outstanding of the issuer's common stock as of January26, 2026, was 49,809,717. CARPENTER TECHNOLOGY CORPORATIONFORM10-QINDEX Item 1Financial StatementsConsolidated Balance Sheets (unaudited) as of December 31, 2025 and June 30, 20252Consolidated Statements of Operations (unaudited) for the Three and Six Months EndedDecember 31, 2025 and 20243Consolidated Statements of Comprehensive Income(unaudited) for the Three and SixMonths Ended December 31, 2025 and 20244Consolidated Statements of Cash Flows (unaudited) for the Six Months Ended December31, 2025 and 20245Consolidated Statements of Changes in Equity (unaudited) for the Three and Six MonthsEnded December 31, 2025 and 20246Notes to Consolidated Financial Statements (unaudited)8Item 2Management's Discussion and Analysis of Financial Condition and Results of Operations30Item 3Quantitative and Qualitative Disclosures About Market Risk55Item 4Controls and Procedures56PARTIIOTHER INFORMATIONItem 1Legal Proceedings56Item 1ARisk Factors56Item 2Unregistered Sales of Equity Securities and Use of Proceeds56Item 5Other Information57Item 6Exhibits57SIGNATURE58 CARPENTER TECHNOLOGY CORPORATIONCONSOLIDATED BALANCE SHEETS(Unaudited) STOCKHOLDERS' EQUITY CARPENTER TECHNOLOGY CORPORATIONCONSOLIDATED STATEMENTS OF OPERATIONS(Unaudited) CARPENTER TECHNOLOGY CORPORATIONCONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME(Unaudited) CARPENTER TECHNOLOGY CORPORATIONCONSOLIDATED STATEMENTS OF CASH FLOWS(Unaudited) CARPENTER TECHNOLOGY CORPORATIONCONSOLIDATED STATEMENTS OF CHANGES IN EQUITYFOR THE SIX MONTHS ENDED DECEMBER31, 2025 AND 2024(Unaudited) CARPENTER TECHNOLOGY CORPORATIONNOTES TO CONSOLIDATED FINANCIAL STATEMENTS(Unaudited) 1.Basis of Presentation The accompanying unaudited consolidated financial statements have been prepared in accordance with accountingprinciples generally accepted in the United States of America ("U.S. GAAP") for interim financial information and the instructions toForm 10-Q and Article 10 of Regulation S-X. Accordingly, they do not include all of the information and footnotes required by U.S.GAAP for complete financial statements. In the opinion of management, all adjustments, consisting of normal and recurringadjustments, considered necessary for a fair statement of the results are reflected in the interim periods presented. The June30, 2025,consolidated balance sheet data was derived from audited financial statements but does not include all of the disclosures required byU.S. GAAP. These unaudited consolidated financial statements should be read in conjunction with the consolidated financialstatements and footnotes thereto included in Carpenter Technology's Annual Report on Form10-K for the fiscal year ended June30,2025 (the "2025 Form10-K"). Operating results for the three and six months ended December31, 2025, are not necessarily indicativeof the operating results