Spirit AeroSystems misses top-line and bottom-line estimates; suspends financial guidance pending merger agreement

* Spirit AeroSystems press release [https://seekingalpha.com/pr/20288677-spirit-aerosystems-reports-third-quarter-2025-results] (SPR [https://seekingalpha.com/symbol/SPR]): Q3 Non-GAAP EPS of -$4.87 misses by $4.16.
* Revenue of $1.59B (+8.2% Y/Y) misses by $301.30M.
* Cash used in operations of $187 million; Free cash flow* usage of $230 million.
* Overall deliveries increased during the third quarter of 2025 compared to the same period of 2024.
* Boeing 737 deliveries were significantly higher year-over-year due to the delay in deliveries during 2024 caused by the joint product verification process initiated by Boeing.
*
Spirit's backlog at the end of the third quarter of 2025 was approximately $52 billion, which includes work packages on all commercial platforms in the Airbus and Boeing backlog.

*
FINANCIAL OUTLOOK

In light of the Merger Agreement, and consistent with customary practice during the pendency of such transactions, Spirit will not provide guidance.

Additionally, due to the Merger Agreement, no conference call will be held in conjunction with this release. Full details of the Company's financial results are available in the Company's Quarterly Report on Form 10-Q.

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