The financials
Hexcel Corporation by the numbers
Hexcel Corporation (HXL) reported revenue of $502M in Q1 2026 (quarter ended March 31, 2026), up 9.9% from the same quarter a year earlier. That came with a gross margin of 27% and net income of $37M (7.4% of revenue). For the full year FY2025, revenue was $1.89B (−0.5% year on year) and net income $109M. Its largest product in 2026-Q1 was Commercial Aerospace at $333M, 66% of the disclosed total, just ahead of Space And Defense Market Applications at 34%.
| Income statement | Q1 2026 | Q1 2025 | Change |
|---|---|---|---|
| Revenue | $502M | $457M | +9.9% |
| Gross profit | $135M | $102M | +32% |
| Operating income | $58M | $44M | +30% |
| Net income | $37M | $29M | +29% |
| Diluted EPS | $0.49 | $0.35 | +40% |
| Product | Revenue | Share |
|---|---|---|
| Commercial Aerospace | $333M | 66% |
| Space And Defense Market Applications | $169M | 34% |
Business Segments
Revenue split by product segment, from SEC XBRL filings.
Latest period: Q1 2026Total $501.5M (+9.9%)
Commercial Aerospace grew +19% year on yearSpace And Defense Market Applications -4.3% year on year
Segment Latestquarter on quarteryear on year
- Commercial Aerospace$332.7M$332.7MQoQ -year on year +19%-+19%
- Space And Defense Market Applications$168.8M$168.8MQoQ -7.3%year on year -4.3%-7.3%-4.3%
- Commercial Aerospace Market Applications--QoQ -year on year ---
Aerospace & Defense
Ranks #34 of 48 by Smart Score