Safran SA

SAF: XPAR (FRA)

Morningstar Rating for Stocks	Fair Value	Economic Moat	Capital Allocation
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Safran Earnings: Aftermarket Resilience Holds Despite Disruption; Defense Acceleration Builds

Loredana Muharremi

Apr 23, 2026

Safran reported revenue of EUR 8.6 billion, up 23% organically, driven by civil aftermarket (spare parts up 29%, services up 43%) and LEAP deliveries of 520 engines, up 63% year over year.

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Safran SA

Safran Earnings: Aftermarket Resilience Holds Despite Disruption; Defense Acceleration Builds

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