Howmet Aerospace Inc. is expected to release its Q2 2026 10-Q filing in the upcoming earnings season. Last quarter: HWM delivered exceptional Q1 FY2026 results with revenue surging 19.1% YoY to $2.31B and net income jumping 68.6% to $580M, driven by strong operating leverage and a dramatic improvement in cash position.
Drawn from management commentary in the Q1 2026 10-Q:
Revenue grew 19.1% year-over-year to $2.31B in Q1 FY2026 (from $1.94B in Q1 FY2025), reflecting robust demand for HWM's engineered components, likely driven by continued strength in aerospace and defense end markets.
Operating income surged 52.4% YoY to $753M, with operating margin expanding approximately 710 basis points to 32.6% from 25.4%, demonstrating that revenue growth is translating efficiently into profitability with controlled cost increases.
Net income rose 68.6% YoY to $580M, and diluted EPS grew 71.4% to $1.44 from $0.84, indicating not only strong operational performance but also the positive impact of share repurchases and financial leverage on per-share earnings.
Revenue
$2.31B
++19.10% YoY
EPS (Basic)
$1.45
++70.59% YoY
Operating Income
$753M
++52.43% YoY
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