Filing Flows › Industrials › Huntington Ingalls Industries (HII)
Huntington Ingalls Industries (HII) earnings and revenue breakdown
Latest: Q3 2026 · 10-Q filed Oct 29, 2026 · Huntington Ingalls Industries (HII) Q3 2026 earnings results →
Q3 2026 Revenue up 11% year over year to $3.5B · 6¢ of every $1 of revenue kept as net profit · operating margin 7.0%
Huntington Ingalls Industries made $3.5B in Q3 2026 (+11% Y/Y): Product $2.4B, Service $1.1B. Operating margin 7.0%, net earnings $217M. See where every dollar goes — costs, profit and cash — as a Sankey from the 10-Q filed Oct 29, 2026.
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What changed this quarter
Revenue was $3.5B in Q3 2026, up 11% year over year and up 3% from the previous quarter. Product was the largest line at 69% of revenue. Product added $0.36B year over year (up 18%), 106% of the total change. Service declined 2%.
Operating profit was $0.25B, a 7.0% margin (up 1.9 points year over year). Of the extra revenue versus Q3 2025, 25% reached operating profit, above the 5% margin then. Total costs grew 9% against revenue growth of 11%. Net earnings were $0.22B, up 50% year over year. The effective tax rate was 21.1%.
Operating cash flow was $0.52B (up 341% year over year), 240% of net earnings. Non-cash charges added back $0.07B of depreciation and amortization and $0.02B of share-based compensation. Working capital and other items added $0.21B. After capital expenditure additions, net ($0.09B), free cash flow as the company reports it was $0.43B.
Quarterly history
| Quarter | Form | Filed | Revenue | Y/Y | Op. margin | Net earnings | Op. cash flow |
|---|---|---|---|---|---|---|---|
| Q3 2026 | 10-Q | Oct 29, 2026 | $3.5B | +11% | 7.0% | $217M | $520M |
| Q2 2026 | 10-Q | Jul 30, 2026 | $3.4B | +11% | 6.1% | $208M | −$31.0M |
| Q1 2026 | 10-Q | May 5, 2026 | $3.1B | +13% | 5.0% | $149M | −$390M |
| Q4 2025 | 10-K | Feb 5, 2026 | $3.5B | +16% | 4.9% | $159M | $650M |
| Q3 2025 | 10-Q | Oct 30, 2025 | $3.2B | +16% | 5.0% | $145M | $118M |
| Q2 2025 | 10-Q | Jul 31, 2025 | $3.1B | +4% | 5.3% | $152M | $823M |
| Q1 2025 | 10-Q | May 1, 2025 | $2.7B | -2% | 5.9% | $149M | −$395M |
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Customers and suppliers named in filings
Sells to
- U.S. government — 81% of its revenue · Stated in 10-K (sentence) · source
- usgov · named in a filing
About Huntington Ingalls Industries
Huntington Ingalls Industries, Inc. ("HII", the "Company", "we", "us", or "our") is a global, all-domain defense partner, building and delivering the world's most powerful, survivable naval ships and technologies that safeguard America’s seas, sky, land, space, and cyber. For more than a century, our Ingalls Shipbuilding segment ("Ingalls") in Mississippi and Newport News Shipbuilding segment ("Newport News") in Virginia have built more ships in more ship classes than any other U.S. naval shipbuilder, making us America's largest shipbuilder. Our Mission Technologies segment develops integrated technology solutions and products that enable today's connected, all-domain force. Headquartered in Newport News, Virginia, we employ over 44,000 people domestically and internationally.
In its own words, from its 10-K, filed Feb 5, 2026.
Huntington Ingalls Industries against its Ship & Boat Building & Repairing peers
The largest companies of the same SEC industry, each at its latest quarter. Revenue growth: +11% against the peers' median +30%. Operating margin: 7.0% against the peers' median 5.2%.
| Company | Quarter | Revenue | Y/Y | Op. margin |
|---|---|---|---|---|
| HII Huntington Ingalls Industries | Q3 2026 | $3.5B | +11% | 7.0% |
| GD General Dynamics | Q3 2026 | $14.6B | +13% | 10.5% |
| MBUU Malibu Boats | Q1 FY27 | $253M | +30% | 5.2% |
| MCFT MasterCraft Boat Holdings | Q4 FY26 | $130M | +63% | -4.9% |
| NXB NextBoat | Q2 2026 | $59.1M | +88% | -1.8% |
| VEEE Twin Vee PowerCats | Q3 2026 | $2.8M | -19% | -112.1% |
Source: Huntington Ingalls Industries 10-Q on SEC EDGAR · CIK 1501585 · Ship & Boat Building & Repairing
Guidance and outlook
13F: who owns HII and who is buying
More on HII
- How Huntington Ingalls Industries makes money: revenue by segment
- Huntington Ingalls Industries next earnings date and what analysts expect
- Huntington Ingalls Industries stock forecast, price target and fair value
- Who owns Huntington Ingalls Industries stock: holders, funds and Congress trades
- Huntington Ingalls Industries guidance and outlook
- Is Huntington Ingalls Industries a takeover target? LBO and rumors
- Huntington Ingalls Industries recalls, complaints and regulation
History
Every quarter: Q3 2026 results · Q2 2026 results · Q1 2026 results · Q4 2025 results · Q3 2025 results · Q2 2025 results · Q1 2025 results
- Huntington Ingalls Industries guidance history: guided vs reported
- Huntington Ingalls Industries operating margin by quarter
- Huntington Ingalls Industries net income by quarter
- Huntington Ingalls Industries free cash flow by quarter
- Huntington Ingalls Industries capital expenditures by quarter
- Huntington Ingalls Industries Product revenue by quarter
- Huntington Ingalls Industries Service revenue by quarter