StandardAero (NYSE:SARO) reported second-quarter 2026 revenue growth, record adjusted EBITDA margins and positive free cash flow, while raising its full-year revenue, adjusted EBITDA and adjusted earnings-per-share outlook. Adjusted EBITDA increased 12.3% to $230 million, and adjusted EBITDA margin expanded 100 basis points to a record 14.4%. Commercial Aerospace revenue increased 6% year over year. However, CRS adjusted EBITDA declined 0.9% to $51 million, and its adjusted EBITDA margin fell 270 basis points to 26.3%. It increased adjusted EBITDA guidance to $885 million to $910 million and raised adjusted EPS guidance to $1.50 to $1.57.