---
schema_version: "secwatch.filing_event.v1"
accession: "0000017843-25-000031"
form_type: "8-K"
ticker: "CRS"
cik: "0000017843"
company_name: "CARPENTER TECHNOLOGY CORP"
filed_at: "2025-10-23T23:59:59+00:00"
generated_at: "2026-05-17T02:32:55.006524+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.85
calibrated_materiality_score: 0.85
confidence: "high"
source: SEC EDGAR
---

# Carpenter Tech reports record Q1 operating income $153.3M, up 31% YoY; FY2026 guidance raised to $660M-$700M

## Summary
- EPS diluted $2.43 vs $1.67 YoY; SAO segment margin 32.0% (up from 26.3%), 15th consecutive quarterly increase.
- Aerospace & Defense bookings up 23% sequentially; multiple long-term agreements completed with significant value.
- FY2026 operating income guidance $660M-$700M (26-33% increase); Q2 guidance $152M-$156M.
- Adjusted free cash flow forecast $240M-$280M; $175M-$185M for brownfield expansion project.
- Executed $49.1M in share repurchases under $400M program; balance sheet remains strong.

## SEC filing metadata
- accession: 0000017843-25-000031
- form_type: 8-K
- ticker: CRS
- cik: 0000017843
- company_name: CARPENTER TECHNOLOGY CORP
- filed_at: 2025-10-23T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.85
- calibrated_materiality_score: 0.85
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/17843/000001784325000031/0000017843-25-000031-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/17843/000001784325000031/crs-20251023.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000017843-25-000031
- JSON: https://secwatch.observer/filing/0000017843-25-000031.json
- Plain text: https://secwatch.observer/filing/0000017843-25-000031.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.