Company: SPR
Filing Date: 2025-10-31
Form Type: 10-Q
Source: 0001364885-25-000011
Chunk: 80

Company: Spirit AeroSystems Holdings, Inc.
Filing Date: 2025-10-31
Form: 10-Q
Item: Part I, Item 1
Chunk 80
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367.9 299.8 1,117.9 954.0 Other265.8 320.1 822.4 909.7 Total Revenue$1,585.4 $1,470.6 $4,742.3 $4,665.3 The following table disaggregates revenue based upon the location where control of products is transferred to the customer:For the Three Months EndedFor the NineMonths EndedLocationOctober 2,2025September 26,2024October 2,2025September 26,2024United States$1,186.7 $1,132.8 $3,525.9 $3,606.6 InternationalUnited Kingdom184.6 148.6 521.9 464.5 Other214.1 189.2 694.5 594.2 Total International398.7 337.8 1,216.4 1,058.7 Total Revenue$1,585.4 $1,470.6 $4,742.3 $4,665.3  Remaining Performance ObligationsUnsatisfied, or partially unsatisfied, performance obligations that are expected to be recognized in the future are noted in the table below. The Company expects options to be exercised in addition to the amounts presented below:Remaining in 2025202620272028 and afterUnsatisfied performance obligations$1,498.9 $5,154.6 $4,370.8 $1,116.9 

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Table of ContentsSpirit AeroSystems Holdings, Inc. Notes to the Condensed Consolidated Financial Statements (unaudited)(U.S. Dollars in millions other than per share amounts)

8.  Inventory

Inventory consists of raw materials used in the production process, work-in-process, which is direct material, direct labor, overhead and purchases, and capitalized pre-production costs. Raw materials are stated at lower of cost (principally on an actual or average cost basis) or net realizable value. Capitalized pre-production costs include certain contract costs, including applicable overhead, incurred before a product is manufactured on a recurring basis. These costs are typically amortized over a period that is consistent with the satisfaction of the underlying performance obligations to which these relate. October 2,2025December 31,2024Raw materials$360.8 $468.7 Work