Pilatus Aircraft reported 2025 total sales of $2.02 billion, up slightly from $1.97 billion in 2024, while operating earnings fell to $205 million from $293 million. The Swiss manufacturer attributed the earnings decline to volatile US trade tariffs, a sharp drop in the dollar value, and supply-chain disruptions, including component shortages and delivery delays.
Deliveries totaled 147 aircraft, down from 153 in 2024: 82 PC-12 turboprops, 50 PC-24 light jets, 14 PC-21 advanced trainers, and one PC-7 MKX. The drop stemmed primarily from reduced PC-12 output amid production challenges and a 39% US tariff on Swiss goods imposed in August 2025, which prompted a temporary halt in PC-12 and PC-24 deliveries to the United States.
Incoming orders reached $2.25 billion, leaving a year-end backlog of approximately $3.57 billion. Business aviation generated 70.6% of sales at $1.42 billion, with government aviation contributing 29.4% or $591 million, boosted by trainer programs.
Pilatus advanced PC-7 MKX certification in 2025, with Swiss authorities approving its new avionics suite in June and validating ejection seat, oxygen, and environmental systems. The basic configuration is now fully certified. The company merged its US subsidiaries into Pilatus Aircraft USA by December 31, 2025, and started construction on a Florida sales, service, and PC-12 assembly center in January 2026. Workforce grew to 3,678 full-time equivalents from 3,326 in 2024, with 55.7% in production roles.