---
schema_version: "secwatch.filing_event.v1"
accession: "0001260221-23-000005"
form_type: "8-K"
ticker: "TDG"
cik: "0001260221"
company_name: "TransDigm Group INC"
filed_at: "2023-02-07T23:59:59+00:00"
generated_at: "2026-06-19T22:32:11.587729+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# TransDigm Q1 net sales +17% to $1.40B; raises FY2023 guidance

## Summary
- EPS from cont. ops: $3.33 (up 70% YoY); adj. EPS $4.58 (up 53% YoY).
- EBITDA As Defined margin 50.0%, up 270 bps; EBITDA As Defined $699M (+24%).
- Raised FY2023 net sales guide to $6,070-6,240M (up $65M at midpoint).
- Raised FY2023 adj. EPS guide to $21.47-22.87 (up $0.79 at midpoint).
- Refinanced $1.725B of term loans; new Tranche H matures 2027 at SOFR+3.25%.

## SEC filing metadata
- accession: 0001260221-23-000005
- form_type: 8-K
- ticker: TDG
- cik: 0001260221
- company_name: TransDigm Group INC
- filed_at: 2023-02-07T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1260221/000126022123000005/0001260221-23-000005-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1260221/000126022123000005/tdg-20230207.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001260221-23-000005
- JSON: https://secwatch.observer/filing/0001260221-23-000005.json
- Plain text: https://secwatch.observer/filing/0001260221-23-000005.txt

## Key facts
- Earnings Releases
  TransDigm Group INC reported fiscal 2023 results: revenue $6,070 million to $6,240 million, net income $1,080 million to $1,160 million, EPS $18.24 to $19.64 per share. Guidance raised.
  - Period: fiscal 2023
  - Revenue: $6,070 million to $6,240 million
  - Net income: $1,080 million to $1,160 million
  - EPS: $18.24 to $19.64 per share
  - Guidance: raised
  - Result: guidance update
  source text: TransDigm now expects fiscal 2023 financial guidance to be as follows: • Net sales are anticipated to be in the range of $6,070 million to $6,240 million compared with $5,429 million in fiscal 2022 (an increase of $65 million at the mid-point); • Net income from continuing operations is anticipated to be in the range of $1,080 million to $1,160 million compared with $866 million in fiscal 2022 (an increase of $44 million at the mid-point); • Earnings per share from continuing operations is expected to be in the range of $18.24 to $19.64 per share based upon weighted average shares outstanding of 57.1 million shares compared with $13.38 per share in fiscal 2022 (an increase of $0.79 at the mid-point);
  evidence_url: https://www.sec.gov/Archives/edgar/data/1260221/000126022123000005/0001260221-23-000005-index.htm
- Earnings Releases
  TransDigm Group INC reported first quarter ended December 31, 2022 results: revenue $1,397 million, net income $229 million, EPS $3.33.
  - Period: first quarter ended December 31, 2022
  - Revenue: $1,397 million
  - Net income: $229 million
  - EPS: $3.33
  - Result: reported results
  source text: TransDigm Group Reports Fiscal 2023 First Quarter Results Cleveland, Ohio, February 7, 2023/PRNewswire/ -- TransDigm Group Incorporated (NYSE: TDG), a leading global designer, producer and supplier of highly engineered aircraft components, today reported results for the first quarter ended December 31, 2022. First quarter highlights include: • Net sales of $1,397 million, up 17% from $1,194 million in the prior year's quarter; • Income from continuing operations of $229 million, up 40% from the prior year's quarter; • Earnings per share from continuing operations of $3.33, up 70% from the prior year's quarter; • EBITDA As Defined of $699 million, up 24% from $565 million in the prior year's quarter; • EBITDA As Defined margin of 50.0%; • Adjusted earnings per share of $4.58, up 53% from $3.00 in the prior year's quarter; and • Upward revision to fiscal 2023 financial guidance.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1260221/000126022123000005/0001260221-23-000005-index.htm

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