Cirrus Reports H1 2026 Financial Results

DULUTH, Minn.--(BUSINESS WIRE)--Cirrus (Cirrus Aircraft Ltd.), the global leader in Personal Aviation™, today announced strong interim financial results for the six-month period ending June 30, 2026, attributed to robust demand across the company’s expanded product portfolio, including the SR Series G7+, G3 Vision Jet, and TRAC10 aircraft, resulting in increased operating margin and demonstrating financial strength.

“Our H1 2026 performance reflects the growth of the Cirrus brand and product portfolio, continued demand for Personal Aviation, and our long-term investment in innovation and operational excellence,” said Zean Nielsen, Chief Executive Officer of Cirrus. “Delivering more aircraft and providing a comprehensive ecosystem of services to our aircraft owners continues to generate increasing revenue, enhanced profitability, and boosts confidence in our company.”

Revenue increased to US$737 million, representing a 24.0% increase period-over-period compared to US$594 million in 2025.

Revenue from aircraft sales increased 23.8% period-over-period to US$617 million, up from US$498 million for the same period in 2025, reflecting an increase in aircraft deliveries. Cirrus Services and Other revenue grew by 25.0% period-over-period to US$120 million from US$96 million in 2025, due to expanded fleet activity and services demand.

Demand for Cirrus aircraft remained strong during the year. The company maintained a backlog driven by an increase in aircraft orders following the launch momentum of the SR Series G7+ and G3 Vision Jet, as well as the introduction of the TRAC10. Orders and reservations increased by 157 units, rising from 241 to 398 on a period-over-period basis.

Profitability increased company-wide. Gross profit increased by 24.2%, with gross margin remaining consistent with the same period in 2025.

Operating profit margin stood at 14.9%, among the highest in the industry, representing a 0.8 percentage point increase period-over-period.

Adjusted EBITDA rose approximately 33.6% period-over-period to US$136 million, continuing the company’s long-term earnings growth trajectory from US$46 million in 2018.

Net income for the year increased 35.6%, reflecting higher aircraft deliveries and growth in Cirrus Services and Other. Free cash flow, after accounting for working capital and investment, totaled approximately US$74.7 million.

Cirrus continues to invest in its product portfolio, including the best-selling SR Series and Robert J. Collier award-winning Vision Jet, providing customer-centric Cirrus Services through flight training, aircraft maintenance and management, and financing for long-term growth.

Learn more about Cirrus at cirrusaircraft.com.

About Cirrus

Cirrus is the recognized global leader in personal aviation and the maker of the best-selling SR Series piston aircraft and the Vision Jet, the world’s first single-engine Personal Jet, and the recipient of the Robert J. Collier Trophy. Founded in 1984, the company has redefined aviation performance, comfort and safety with innovations like the Cirrus Airframe Parachute System^® (CAPS^®) – the first FAA-certified whole-airframe parachute safety system included as standard equipment on an aircraft. To date, worldwide flight time on Cirrus aircraft is over 19 million hours, and over 300 people have returned home safely to their families as a result of the inclusion of CAPS as a standard feature on all Cirrus aircraft. The company has seven locations in the United States, including Duluth, Minnesota; Grand Forks, North Dakota; Greater Dallas, Texas; Greater Phoenix, Arizona; Greater Orlando, Florida; Knoxville, Tennessee and Benton Harbor, Michigan.