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寇蒂斯莱特 2026年季度报告

2026-05-07 美股财报 董亚琴
报告封面

☒Quarterly Report Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934For the quarterly period ended March 31, 2026 or ☐Transition Report Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934For the transition period from _________ to _______ Commission File Number 1-134 CURTISS-WRIGHT CORPORATION(Exact name of Registrant as specified in its charter) 28036(Zip Code) (704) 869-4600(Registrant’s telephone number, including area code) Securities registered pursuant to Section 12(b) of the Act: Title of each classTrading Symbol(s)Name of each exchange on which registeredCommon StockCWNew York Stock Exchange Indicate by check mark whether the registrant (1) has filed all reports required to be filed by Section 13 or 15(d) of the SecuritiesExchange Act of 1934 during the preceding 12 months (or for such shorter period of time that the registrant was required to file suchreports), 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 Rule 405 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☐ 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 Rule 12b-2 of the Exchange Act. Accelerated filerSmaller reporting companyEmerging growth companyIf an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for Large accelerated filer☒Non-accelerated filer☐ complying 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 Rule 12b-2 of the Exchange Act). Yes☐No☒ Indicate the number of shares outstanding of each of the issuer’s classes of common stock, as of the latest practicable date. Common Stock, par value $1.00 per share:36,941,164 shares as of April30, 2026. TABLE of CONTENTS Item 1.Financial Statements (Unaudited):Condensed Consolidated Statements of Earnings4Condensed Consolidated Statements of Comprehensive Income5Condensed Consolidated Balance Sheets6Condensed Consolidated Statements of Cash Flows7Condensed Consolidated Statements of Stockholders’ Equity8Notes to Condensed Consolidated Financial Statements9Item 2.Management’s Discussion and Analysis of Financial Condition and Results of Operations18Item 3.Quantitative and Qualitative Disclosures about Market Risk27Item 4.Controls and Procedures27 Item 1.Legal Proceedings28Item 1A.Risk Factors28Item 2.Unregistered Sales of Equity Securities and Use of Proceeds28Item 3.Defaults upon Senior Securities28Item 4.Mine Safety Disclosures28Item 5.Other Information29Item 6.Exhibits31 Signatures Item 1. Financial Statements CURTISS-WRIGHT CORPORATION and SUBSIDIARIESCONDENSED CONSOLIDATED STATEMENTS OF EARNINGS(UNAUDITED) CURTISS-WRIGHT CORPORATION and SUBSIDIARIESCONDENSED CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME(UNAUDITED)(In thousands) The tax benefit/(expense) included in both foreign currency translation adjustments and pension and postretirement adjustments forthe three months ended March 31, 2026 and 2025 was immaterial.(1) See notes to condensed consolidated financial statements CURTISS-WRIGHT CORPORATION and SUBSIDIARIESCONDENSED CONSOLIDATED BALANCE SHEETS(UNAUDITED)(In thousands, except per share data) March 31, 2026December 31,2025 CURTISS-WRIGHT CORPORATION and SUBSIDIARIESCONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS(UNAUDITED) CURTISS-WRIGHT CORPORATION and SUBSIDIARIESCONDENSED CONSOLIDATED STATEMENTS OF STOCKHOLDERS’ EQUITY(UNAUDITED)(In thousands) See notes to condensed consolidated financial statements CURTISS-WRIGHT CORPORATION and SUBSIDIARIESNOTES to CONDENSED CONSOLIDATED FINANCIAL STATEMENTS(UNAUDITED) 1.BASIS OF PRESENTATION Curtiss-Wright Corporation along with its subsidiaries ("we," the "Corporation," or the "Company") is a global integrated business thatprovides highly engineered products, solutions, and services mainly to aerospace & defense (A&D) markets, as well as criticaltechnologies in demanding commercial power, process, and industrial markets. The unaudited condensed consolidated financial statements include the accounts of Curtiss-Wright and its majority-ownedsubsidiaries. All intercompany transactions and accounts have been eliminated. The unaudited condensed consolidated financial statements of the Corporation have been prepared pursuant to the rules andregulations of the U.S. Securities and Exchange Commission (SEC). Cert