$CRS

Carpenter Technology 1Q 2026: Revenue $798.2M, EPS $3.25— 10-Q Summary

Carpenter Technology reported 1Q 2026 revenue of $798.2M, up 8.8% YoY, and net income of $162.5M, up 32.7% YoY. EPS was $3.25. Aerospace and Defense sales grew 14%, while Medical and Energy sales declined. The company expects fiscal 2027 capital spending of $355M to $375M.

Original reporting
Published Oct 22, 2026, 8:11 PM UTC
Analysis
AlphAI AI DeskAI-generated
Added to AlphAI Oct 22, 2026, 8:18 PM UTC. Informational, not investment advice.
How this was made
AlphAI summarizes source reporting and applies a structured AI analysis for relevance, timing, sentiment and ticker impact. Always verify material claims with the original publisher.
Carpenter Technology 1Q 2026: Revenue $798.2M, EPS $3.25— 10-Q Summary — source image
Decision brief

The 30-second read

$CRSBullishHigh
01

Why it matters

The Q1 earnings beat and revenue growth suggest operational momentum, but guidance for FY2027 will be key.

02

Market read

First‑report earnings provide fresh data for traders; potential short‑term price move expected.

03

What to watch

Potential supply‑chain constraints in specialty alloys could limit future growth.

Relevance 8/10Novelty 8/10Timing: post‑market release

Background

Carpenter Technology (CRS) is a U.S. listed producer of specialty alloys serving aerospace, defense, and industrial markets.

Company-level read

Ticker impact

$CRSBullishHigh confidence
Context

Carpenter Technology reported Q1 2026 net sales of $798.2M and diluted EPS of $3.25, revenue up 8.8% YoY.

Expected impact

likely upside as market prices in earnings beat and strong margin expansion.

Evidence & confidence

First‑report 10‑Q provides fresh numbers; investors typically reward earnings beats for mid‑cap industrials.

Market effects

Industrial alloys sector may see modest rally on improved demand in aerospace/defense.

U.S. industrials could benefit from higher capital spending outlook.

Limited; primarily U.S. mid‑cap industrial investors.

Counterpoint

If guidance for FY2027 falls short of expectations, the stock could face pressure despite Q1 beat.

Key entities

  • Carpenter Technology Corp.

    U.S. specialty alloys manufacturer.

Related articles

$CRSMed

Carpenter Technology Corp (CRS) (Q1 2027) Earnings Call Highlights: Record

Carpenter Technology Corp (CRS) reported Q1 2027 earnings with total sales excluding surcharge down 7% sequentially due to maintenance outages. Free cash flow was negative $24.8M. CEO Tony Thene expressed stronger demand and pricing confidence, citing accelerating bookings and supply-demand gaps. He highlighted potential upside in volume, productivity, and pricing. The company maintained FY2027 free cash flow guidance of $400M-$430M.

$CRSMed

CARPENTER TECHNOLOGY REPORTS FIRST QUARTER FISCAL YEAR 2027 RESULTS

CARPENTER TECHNOLOGY CORP (CRS) filed an SEC Form 8-K — Results of Operations and Financial Condition. Exhibit 99.1 CARPENTER TECHNOLOGY REPORTS FIRST QUARTER FISCAL YEAR 2027 RESULTS Delivered Record First Quarter Operating Income, Up 28 Percent Year-Over-Year Strong Results Reflect Productivity Improvements, Mix Optimization and Benefits from Pricing Actions Realized Adjusted Op

$CRSMedAI 8/10

CARPENTER TECHNOLOGY CORP (CRS): Results of Operations and Financial Condition

CARPENTER TECHNOLOGY CORP (CRS) filed an SEC Form 8-K — Results of Operations and Financial Condition. © 2026 CRS Holdings, LLC. All rights reserved. CARPENTER TECHNOLOGY CORPORATION 1st Quarter Fiscal Year 2027 Earnings Call October 22, 2026 Exhibit 99.1 © 2026 CRS Holdings, LLC. All rights reserved. Cautionary Statement Forward-looking statements This presentation contains forwa

$CRSMedAI 8/10

Why Carpenter Technology Stock Crashed After Earnings

Carpenter Technology (CRS) shares fell 22.2% after reporting Q1 2027 earnings. The company beat EPS estimates ($3.25 vs. $3.04) but missed revenue forecasts ($798.5M vs. $830.8M). Despite record revenue and earnings, the stock dropped due to negative free cash flow and valuation concerns, with a PEG ratio of 1.5.

$CRSMed

Carpenter Technology Q1 Earnings Call Highlights

Carpenter Technology (CRS) reported Q1 results, with SAO sales up 7% YoY at $573.5M and margins steady at 37.7%. Aerospace bookings declined, while defense saw weakness due to funding issues. The company expects defense demand to improve. Q2 guidance: SAO income $214M-$218M, total income $192M-$197M. CRS repurchased $133.9M in shares and maintained its free cash flow forecast of $400M-$430M for 2027.