Filing Flows › Huntington Ingalls Industries (HII) › Q2 2026
Huntington Ingalls Industries (HII) Q2 2026 earnings results (second quarter 2026)
10-Q filed Jul 30, 2026
Huntington Ingalls Industries (HII) reported revenue of $3.4B for the second quarter 2026 (Q2 2026), +11% from a year earlier and +10% from the quarter before. Operating margin was 6.1%, net earnings $208M (6.1% of revenue).
Huntington Ingalls Industries, Q2 2026: revenue $3.4B (+11% year over year), operating margin 6.1%, net earnings $208M, operating cash flow −$31.0M. The chart follows the revenue to costs, profit and cash.
| Q2 2026 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $3.4B | +10% | +11% |
| Operating profit | $210M | +35% | +29% |
| Net earnings | $208M | +40% | +37% |
| Operating cash flow | −$31.0M | — | -104% |
What changed
Revenue was $3.4B in Q2 2026, up 11% year over year and up 10% from the previous quarter. Product was the largest line at 66% of revenue. Product added $0.31B year over year (up 16%), 93% of the total change.
Operating profit was $0.21B, a 6.1% margin (up 0.9 points year over year). Of the extra revenue versus Q2 2025, 14% reached operating profit, above the 5% margin then. Total costs grew 10% against revenue growth of 11%. The fastest-growing cost line was Other operating costs (+11%). Net earnings were $0.21B, up 37% year over year. The effective tax rate was 18.1%.
Operating cash flow was −$0.03B. Non-cash charges added back $0.08B of depreciation and amortization and $0.01B of share-based compensation. Working capital and other items used $0.33B. Capital expenditures of $0.12B exceeded it, leaving free cash flow of −$0.15B.
Questions
What was Huntington Ingalls Industries' revenue in the second quarter 2026?
Huntington Ingalls Industries (HII) reported revenue of $3.4B for the second quarter 2026 (Q2 2026), +11% from a year earlier and +10% from the quarter before.
Was Huntington Ingalls Industries profitable in the second quarter 2026?
Operating profit was $210M (6.1% of revenue) and net earnings $208M.