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StandardAero Inc

For the period ended Sep 30, 2024. Filed Nov 13, 2024.

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About this filing

A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.

Sep 30, 2024 · Filed Nov 13, 2024

SARO$27.63+9.2%Stored close · as of Nov 6, 2026

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UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

WASHINGTON, DC 20549

FORM 10-Q

(Mark One)

☒QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934

For the quarterly period ended September 30,2024

OR

☐TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934

For the transition period from _____________ to _____________

Commission File Number:001-42298

StandardAero, Inc.

(Exact Name of Registrant as Specified in its Charter)

Delaware30-1138150
( State or other jurisdiction ofincorporation or organization)(I.R.S. EmployerIdentification No.)
6710 North Scottsdale Road, Suite 250Scottsdale, Arizona85253
(Address of principal executive offices)(Zip Code)

(480) 377-3100

(Registrant’s telephone number, including area code)

N/A

(Former name, former address and former fiscal year, if changed since last report)

Securities registered pursuant to Section 12(b) of the Act:

Title of each classTradingSymbol(s)Name of each exchange on which registered
Common stock, par value $0.01 per shareSARONew York Stock Exchange

Indicate by check mark whether the registrant (1) has filed all reports required to be filed by Section 13 or 15(d) of the Securities Exchange Act of 1934 during the preceding 12 months (or for such shorter period that the registrant was required to file such reports), and (2) has been subject to such filing requirements for the past 90 days. Yes ☐ No ☒

Indicate by check mark whether the registrant has submitted electronically every Interactive Data File required to be submitted pursuant to Rule 405 of Regulation S-T (§232.405 of this chapter) during the preceding 12 months (or for such shorter period that the registrant was required to submit such files). Yes ☒ No☐

Indicate by check mark whether the registrant is a large accelerated filer, an accelerated filer, a non-accelerated filer, smaller reporting company, or an emerging growth company. See the definitions of “large accelerated filer,” “accelerated filer,” “smaller reporting company,” and “emerging growth company” in Rule 12b-2 of the Exchange Act.

Large accelerated filer☐Accelerated filer☐
Non-accelerated filer☒Smaller reporting company☐
Emerging growth company☐

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act.☐

Indicate by check mark whether the registrant is a shell company (as defined in Rule 12b-2 of the Exchange Act). Yes☐ No ☒

As of November 13, 2024, the registrant had 334,461,630 shares of common stock, $0.01 par value per share, outstanding.

Table of Contents

Page
CAUTIONARY NOTE REGARDING FORWARD LOOKING STATEMENTS1
PART I.FINANCIAL INFORMATION
Item 1.Financial Statements (Unaudited)3
Condensed Consolidated Balance Sheets (unaudited) as of September 30, 2024 and December 31, 20233
Condensed Consolidated Statements of Operations (unaudited) for the three and nine months ended September 30, 2024 and 20234
Condensed Consolidated Statements of Comprehensive Income (Loss) (unaudited) for the three and nine months ended September, 2024 and 20235
Condensed Consolidated Statements of Stockholder’s Equity (unaudited) for the nine months ended September 30, 2024 and 20236
Condensed Consolidated Statements of Cash Flows (unaudited) for the nine months ended September 30, 2024 and 20237
Notes to Condensed Consolidated Financial Statements (unaudited)8
Item 2.Management’s Discussion and Analysis of Financial Condition and Results of Operations30
Item 3.Quantitative and Qualitative Disclosures About Market Risk45
Item 4.Controls and Procedures46
PART II.OTHER INFORMATION48
Item 1.Legal Proceedings48
Item 1A.Risk Factors48
Item 2.Unregistered Sales of Equity Securities and Use of Proceeds78
Item 3.Defaults Upon Senior Securities78
Item 4.Mine Safety Disclosures78
Item 5.Other Information78
Item 6.Exhibits79
Signatures80

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