Howmet Aerospace

HWM Industrials Market cap $90.6B as of Sep 14, 2026 16:00 ET S&P 500

Q2 FY26 Apr 1 – Jun 30, 2026 reported Aug 6, 2026

Revenue$2.55B +24% year over year

Gross profit$0.95B 37% margin

Operating profit$0.71B 28% margin

Net profit$0.53B 21% margin

The numbers behind the diagram

All figures in billions of U.S. dollars, for Q2 FY26 (period ends Jun 30, 2026).
Item	Value	Share of revenue	Year over year
Revenue	2.55	100%	+24%
Engine products	1.25	49%
Fastening systems	0.47	18%
Forged wheels	0.30	12%
Engineered structures	0.29	12%
Other revenue	0.23	9%
Cost of revenue	−1.60	63%
Gross profit	0.95	37% margin	+4pp
R&D	−0.01	0%	+0pp
SG&A	−0.15	6%	+1pp
Other	−0.08	3%	+0pp
Operating profit	0.71	28% margin	+3pp
Interest & other costs	−0.06
Tax	−0.12
Net profit	0.53	21% margin	+1pp

Figures are rounded to the precision shown, so a column can differ slightly from its own total.

Filing on EDGAR This quarter on its own page

All figures in billions of U.S. dollars, for Q1 FY26 (period ends Mar 31, 2026).
Item	Value	Share of revenue	Year over year
Revenue	2.31	100%	+19%
Aerospace commercial	1.22	53%	+20%
Aerospace defense	0.37	16%	+10%
Commercial transportation	0.35	15%	+13%
Gas turbines	0.28	12%
Product & service other	0.10	4%
Cost of revenue	−1.44	62%
Gross profit	0.87	38% margin	+4pp
R&D	−0.01	0%	+0pp
SG&A	−0.11	5%	+0pp
Operating profit	0.75	33% margin	+7pp
Interest & other costs	−0.05
Tax	−0.13
Net profit	0.58	25% margin	+7pp

Figures are rounded to the precision shown, so a column can differ slightly from its own total.

Filing on EDGAR This quarter on its own page

All figures in billions of U.S. dollars, for Q4 FY25 (period ends Dec 31, 2025).
Item	Value	Share of revenue	Year over year
Revenue	2.17	100%	+15%
Engine products	1.16	54%	+20%
Fastening systems	0.45	21%	+13%
Engineered structures	0.29	13%	+4%
Forged wheels	0.26	12%	+9%
Cost of revenue	−1.41	65%
Gross profit	0.76	35% margin	+3pp
R&D	−0.01	1%	+0pp
SG&A	−0.10	4%	+0pp
Other	−0.16	7%	+0pp
Operating profit	0.49	23% margin	−1pp
Interest & other costs	−0.06
Tax	−0.06
Net profit	0.37	17% margin	+1pp

Figures are rounded to the precision shown, so a column can differ slightly from its own total.

Filing on EDGAR This quarter on its own page

All figures in billions of U.S. dollars, for Q3 FY25 (period ends Sep 30, 2025).
Item	Value	Share of revenue	Year over year
Revenue	2.09	100%	+14%
Aerospace commercial	1.11	53%	+15%
Aerospace defense	0.36	17%	+24%
Commercial transportation	0.30	15%	−3%
Industrial gas turbine	0.15	7%
Oil & gas	0.09	4%
General industrial	0.08	4%
Cost of revenue	−1.37	65%
Gross profit	0.72	35% margin	+3pp
R&D	−0.01	1%	+0pp
SG&A	−0.10	5%	+0pp
Other	−0.07	3%	+0pp
Operating profit	0.54	26% margin	+3pp
Interest & other costs	−0.05
Tax	−0.11
Net profit	0.39	18% margin	+0pp

Figures are rounded to the precision shown, so a column can differ slightly from its own total.

Filing on EDGAR This quarter on its own page

All figures in billions of U.S. dollars, for Q2 FY25 (period ends Jun 30, 2025).
Item	Value	Share of revenue	Year over year
Revenue	2.05	100%	+9%
Aerospace commercial	1.06	52%	+8%
Aerospace defense	0.35	17%	+21%
Commercial transportation	0.33	16%	−4%
Industrial & other	0.31	15%	+17%
Cost of revenue	−1.37	66%
Gross profit	0.69	34% margin	+2pp
R&D	−0.01	1%	+0pp
SG&A	−0.09	4%	−1pp
Other	−0.07	3%	+0pp
Operating profit	0.52	25% margin	+4pp
Interest & other costs	−0.05
Tax	−0.06
Net profit	0.41	20% margin	+6pp

Figures are rounded to the precision shown, so a column can differ slightly from its own total.

Filing on EDGAR This quarter on its own page

All figures in billions of U.S. dollars, for Q1 FY25 (period ends Mar 31, 2025).
Item	Value	Share of revenue	Year over year
Revenue	1.94	100%	+6%
Aerospace commercial	1.02	52%	+9%
Aerospace defense	0.33	17%	+19%
Commercial transportation	0.31	16%	−14%
Industrial & other	0.29	15%	+10%
Cost of revenue	−1.29	66%
Gross profit	0.65	34% margin	+4pp
R&D	−0.01	1%	+0pp
SG&A	−0.09	4%	+0pp
Other	−0.07	3%	+0pp
Operating profit	0.49	25% margin	+5pp
Interest & other costs	−0.05
Tax	−0.10
Net profit	0.34	18% margin	+4pp

Figures are rounded to the precision shown, so a column can differ slightly from its own total.

Filing on EDGAR This quarter on its own page

All figures in billions of U.S. dollars, for Q3 FY24 (period ends Sep 30, 2024).
Item	Value	Share of revenue	Year over year
Revenue	1.84	100%	+11%
Aerospace commercial	0.96	52%	+17%
Commercial transportation	0.31	17%	−12%
Aerospace defense	0.29	16%	+15%
Industrial & other	0.27	15%	+17%
Cost of revenue	−1.25	68%
Gross profit	0.58	32% margin	+3pp
R&D	−0.01	0%	+0pp
SG&A	−0.09	5%	−1pp
Other	−0.07	4%	+0pp
Operating profit	0.42	23% margin	+4pp
Interest & other costs	−0.07
Tax	−0.02
Net profit	0.33	18% margin	+7pp

Figures are rounded to the precision shown, so a column can differ slightly from its own total.

Filing on EDGAR This quarter on its own page

Financial health

The balance sheet, the quarter's capital flow, the debt schedule and the capital structure of the quarter shown above.

Every set of results we hold, newest first. Open one on its own page.

Quarter	Period	Reported	Revenue	Year over year	Operating margin	Net profit	Net margin
Q2 FY26 Apr 1 – Jun 30, 2026 reported Aug 6, 2026 Operating margin 28% Net profit $0.53B	Apr 1 – Jun 30, 2026	Aug 6, 2026	$2.55B	+24%	28%	$0.53B	21%
Q1 FY26 Jan 1 – Mar 31, 2026 reported May 7, 2026 Operating margin 33% Net profit $0.58B	Jan 1 – Mar 31, 2026	May 7, 2026	$2.31B	+19%	33%	$0.58B	25%
Q4 FY25 Oct 1 – Dec 31, 2025 reported Feb 12, 2026 Operating margin 23% Net profit $0.37B	Oct 1 – Dec 31, 2025	Feb 12, 2026	$2.17B	+15%	23%	$0.37B	17%
Q3 FY25 Jul 1 – Sep 30, 2025 reported Oct 30, 2025 Operating margin 26% Net profit $0.39B	Jul 1 – Sep 30, 2025	Oct 30, 2025	$2.09B	+14%	26%	$0.39B	18%
Q2 FY25 Apr 1 – Jun 30, 2025 reported Jul 31, 2025 Operating margin 25% Net profit $0.41B	Apr 1 – Jun 30, 2025	Jul 31, 2025	$2.05B	+9%	25%	$0.41B	20%
Q1 FY25 Jan 1 – Mar 31, 2025 reported May 1, 2025 Operating margin 25% Net profit $0.34B	Jan 1 – Mar 31, 2025	May 1, 2025	$1.94B	+6%	25%	$0.34B	18%
Q3 FY24 Jul 1 – Sep 30, 2024 reported Nov 7, 2024 Operating margin 23% Net profit $0.33B	Jul 1 – Sep 30, 2024	Nov 7, 2024	$1.84B	+11%	23%	$0.33B	18%