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Pilatus FY2025: deliveries fall to 147 as U.S. tariffs and supply‑chain strains hit earnings

Pilatus reported FY2025 sales of $2.02 billion and orders of $2.25 billion as deliveries slipped to 147 aircraft (from 153 a year earlier). The Swiss OEM said U.S. tariff headwinds and persistent supply‑chain and component shortages weighed on production rates and weakened earnings.

Discovered 2026-03-03T01:52:23.669393-08:00 | 2026-03-03T01:52:23.669393-08:00

Briefing

What Hype is tracking

Key financials and volumes: Pilatus posted $2.02B in 2025 revenue, orders of $2.25B and deliveries of 147 aircraft (down from 153), showing a gap between demand and what could be produced.
Tariff exposure and U.S. presence: management cited U.S. tariff headwinds as a drag on earnings; that risk interacts with recent U.S. tariff policy developments and Pilatus’s U.S. expansion plans (see source:d3f35343-aaca-45fb-8831-43f399eff12e and source:e2469114-f9da-4f94-a1e6-0a54a6efdd29).
Production constraints vs. backlog: component shortages and supplier bottlenecks are limiting output even as a strong order book supports near‑term work; this ties to wider OEM supply issues and recent certification-driven order commitments (see source:38ad15e5-e02b-4753-b6d4-ecd302279024 and source:6241b56e-3116-49dd-b65d-2b88bb3293ea).

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