The financials
Howmet Aerospace by the numbers
Howmet Aerospace (HWM) reported revenue of $2.55B in Q2 2026 (quarter ended June 30, 2026), up 24% from the same quarter a year earlier. That came with a gross margin of 37% and net income of $534M (21% of revenue). For the full year FY2025, revenue was $8.25B (+11% year on year) and net income $1.51B. Its largest product in 2026-Q2 was Aerospace Commercial at $770M, 56% of the disclosed total, just ahead of Gas Turbines at 23%.
| Income statement | Q2 2026 | Q2 2025 | Change |
|---|---|---|---|
| Revenue | $2.55B | $2.05B | +24% |
| Gross profit | $951M | $688M | +38% |
| Operating income | $711M | $521M | +36% |
| Net income | $534M | $407M | +31% |
| Diluted EPS | $1.33 | $1.00 | +33% |
| Product | Revenue | Share |
|---|---|---|
| Aerospace Commercial | $770M | 56% |
| Gas Turbines | $321M | 23% |
| Aerospace Defense | $250M | 18% |
| Product And Service Other | $32M | 2.3% |
Business Segments
Revenue split by product segment, from SEC XBRL filings.
Latest period: Q2 2026Total $1.37B (+9.6%)
Gas Turbines grew +38% year on yearProduct And Service Other +10% year on year
Segment Latestquarter on quarteryear on year
- Aerospace Commercial$770.0M$770.0MQoQ +9.7%year on year +37%+9.7%+37%
- Gas Turbines$321.0M$321.0MQoQ +13%year on year +38%+13%+38%
- Aerospace Defense$250.0M$250.0MQoQ +5.0%year on year +17%+5.0%+17%
- Product And Service Other$32.0M$32.0MQoQ +10%year on year +10%+10%+10%
- Commercial Transportation$0.00$0.00QoQ -year on year ---
- Industrial And Other--QoQ -year on year ---
Aerospace & Defense
Ranks #2 of 48 by Smart Score