Company: SPR
Filing Date: 2025-10-31
Form Type: 10-Q
Source: 0001364885-25-000011
Chunk: 121

Company: Spirit AeroSystems Holdings, Inc.
Filing Date: 2025-10-31
Form: 10-Q
Item: Part I, Item 1
Chunk 121
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 In addition, cash, prepaid expenses, other assets, and deferred taxes are managed and maintained on a consolidated basis and generally do not pertain to any particular segment. Raw materials and certain component parts are used in aerostructure production across all segments. Work-in-process inventory is identifiable by segment but is managed and evaluated at the program level. As there is no segmentation of the Company’s productive assets, depreciation expense (included in fixed manufacturing costs and selling, general and administrative expenses) and capital expenditures, no allocation of these amounts has been made solely for purposes of segment disclosure requirements.The following tables show segment revenues and operating income (loss) for the three and nine months ended October 2, 2025 and September 26, 2024:Three Months Ended October 2, 2025CommercialDefense & SpaceAftermarketCorporate and OtherConsolidated($ in millions)Net revenues$1,170.1 $304.1 $111.2 $— $1,585.4 Cost of sales(1,740.4)(307.8)(101.6)— (2,149.8)Excess capacity costs(43.1)(12.1)— — (55.2)Segment operating (loss) income$(613.4)$(15.8)$9.6 $— $(619.6)Selling, general and administrative— — — (40.5)(40.5)Research and development— — — (9.3)(9.3)Gain on dispositions of businesses, net (1)— — — 22.9 22.9 Operating (loss) income$(613.4)$(15.8)$9.6 $(26.9)$(646.5)Interest expense and financing fee amortization— — — (94.5)(94.5)Other income, net— — — 14.3 14.3 (Loss) income before income taxes and equity in net income of affiliates$(613.4)$(15.8)$9.6 $(107.1)$(726.7)

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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)

Three Months Ended September 26, 2024CommercialDefense & SpaceAftermarketCorporate and OtherConsolidated