Filing Flows › Huntington Ingalls Industries (HII) › Q1 2025
Huntington Ingalls Industries (HII) Q1 2025 earnings results (first quarter 2025)
10-Q filed May 1, 2025
Huntington Ingalls Industries (HII) reported revenue of $2.7B for the first quarter 2025 (Q1 2025), -3% from a year earlier and -9% from the quarter before. Operating margin was 5.9%, net earnings $149M (5.4% of revenue).
Huntington Ingalls Industries, Q1 2025: revenue $2.7B (-2% year over year), operating margin 5.9%, net earnings $149M, operating cash flow −$395M. The chart follows the revenue to costs, profit and cash.
| Q1 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $2.7B | -9% | -3% |
| Operating profit | $161M | +46% | +5% |
| Net earnings | $149M | +21% | -3% |
| Operating cash flow | −$395M | — | — |
What changed
Revenue was $2.7B in Q1 2025, down 3% year over year and down 9% from the previous quarter. Product was the largest line at 63% of revenue. Product lost $0.07B year over year (down 4%), 104% of the total change.
Operating profit was $0.16B, a 5.9% margin (up 0.4 points year over year). Total costs fell 3% while revenue fell 3%. Net earnings were $0.15B, down 3% year over year. The effective tax rate was 20.3%.
Operating cash flow was −$0.40B. Non-cash charges added back $0.08B of depreciation and amortization and $0.02B of share-based compensation. Working capital and other items used $0.65B. Capital expenditures of $0.07B exceeded it, leaving free cash flow of −$0.46B.
Questions
What was Huntington Ingalls Industries' revenue in the first quarter 2025?
Huntington Ingalls Industries (HII) reported revenue of $2.7B for the first quarter 2025 (Q1 2025), -3% from a year earlier and -9% from the quarter before.
Was Huntington Ingalls Industries profitable in the first quarter 2025?
Operating profit was $161M (5.9% of revenue) and net earnings $149M.