Company: SPR
Filing Date: 2025-10-31
Form Type: 10-Q
Source: 0001364885-25-000011
Chunk: 26

Company: Spirit AeroSystems Holdings, Inc.
Filing Date: 2025-10-31
Form: 10-Q
Item: Part I, Item 2
Chunk 26
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34.1 $(302.2)$(1,614.3)Interest expense and financing fee amortization— — — (293.4)(293.4)Other expense, net— — — (29.9)(29.9)(Loss) income before income taxes and equity in net loss of affiliates$(1,312.5)$(33.7)$34.1 $(625.5)$(1,937.6)

Nine Months Ended September 26, 2024CommercialDefense & SpaceAftermarketCorporate and OtherConsolidated($ in millions)Net revenues$3,662.3 $706.5 $296.5 $— $4,665.3 Cost of sales(4,581.4)(603.3)(253.1)— (5,437.8)Excess capacity costs(135.0)(7.5)— — (142.5)Segment gross (loss) profit$(1,054.1)$95.7 $43.4 $— $(915.0)Restructuring costs(0.7)— — — (0.7)Segment operating (loss) income$(1,054.8)$95.7 $43.4 $— $(915.7)Selling, general and administrative— — — (258.9)(258.9)Research and development— — — (34.4)(34.4)Operating (loss) income$(1,054.8)$95.7 $43.4 $(293.3)$(1,209.0)Interest expense and financing fee amortization— — — (253.3)(253.3)Other expense, net— — — (30.3)(30.3)(Loss) income before income taxes and equity in net income of affiliates$(1,054.8)$95.7 $43.4 $(576.9)$(1,492.6)

(1)During the nine months ended October 2, 2025, the Company completed the sale of its wholly owned subsidiary, Fiber Materials, Inc., and sold its equity in a Chinese joint venture, resulting in net gains of $81.2 million and $1.8 million, respectively. In the second quarter of 2025, the Company also recorded a ($132.5