Cost of Goods Sold Improvement
COGS as a percentage of sales improved to 62.7% from 66.5% a year ago, driven by volume leverage in aerospace and gas turbines, favorable product pricing, and mix, partially offset by higher cost pass-through.
At the archive date, Howmet Aerospace Inc. was expected to release its Q3 2026 10-Q filing on October 28, 2026, before market open. Last quarter: Howmet delivered robust second-quarter growth driven by surging aerospace demand and strategic acquisitions, with margins expanding despite rising costs.
EPS Estimate
$1.38
Revenue Estimate
$2.61B
Analyst consensus captured from Finnhub and Financial Modeling Prep. This archived preview is no longer updated with later results; see the HWM page for retained reports.
Drawn from management commentary in the Q2 2026 10-Q:
COGS as a percentage of sales improved to 62.7% from 66.5% a year ago, driven by volume leverage in aerospace and gas turbines, favorable product pricing, and mix, partially offset by higher cost pass-through.
SG&A expenses jumped 66% to $148M, primarily from higher employment costs, incremental headcount from acquisitions, and acquisition-related expenses.
The CAM and Brunner acquisitions added to revenue and segment performance, but also increased depreciation, amortization, and interest expense. The sale of the disk forging facility generated a $93M YTD restructuring gain.
Revenue
$2.55B
+24.06% YoY
EPS (Diluted)
$1.33
+33.00% YoY
Operating Income
$711M
+36.47% YoY
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