Moog Inc reported Q2 2025 results (quarter ended 2025-03-29) with modest revenue growth and a resilient, albeit challenged, margin profile. Revenue rose 0.5% year over year to $934.8 million and 2.7% quarter over quarter to $934.8 million, supported by a favorable mix in precision motion and control products. Gross profit was $256.0 million, yielding a gross margin of 27.39%, while operating income reached $98.46 million (operating margin ~10.53%). Net income declined year over year to $55.75 million (net margin ~5.96%), but rose modestly on a QoQ basis. EPS stood at $1.77 (diluted $1.75). EBITDA was $117.78 million, equating to an EBITDA margin of 12.60%. Free cash flow was modest at $1.82 million, with cash flow from operations of $39.42 million and capital expenditures of $37.60 million, signaling continued investment in capacity and product development. The balance sheet shows a leveraged position, with total debt of roughly $1.339 billion and net debt around $1.276 billion, against total assets of $4.32 billion and shareholders’ equity of $1.84 billion. Liquidity remains adequate (current ratio 2.45; quick ratio 1.50), but the company exhibits a relatively extended working capital cycle (DSO ~122 days; CCC ~242 days) and a high debt burden, which may constrain near-term flexibility. Management commentary highlighted ongoing focus on segment mix, pricing discipline, and execution across core platforms, though no explicit full-year guidance was disclosed in the provided data. Looking ahead, Moog’s trajectory will hinge on defense and space program momentum, continued execution of high-margin product initiatives, and management’s ability to improve working capital and deleverage over time.