Filing Flows › Honeywell International (HON) › Q1 2026
Honeywell International (HON) Q1 2026 earnings results (first quarter 2026)
10-Q filed Apr 23, 2026
Honeywell International (HON) reported revenue of $9.1B for the first quarter 2026 (Q1 2026), +2% from a year earlier and -6% from the quarter before. Operating margin was 23.3%, net earnings $821M (9.0% of revenue).
Honeywell International, Q1 2026: revenue $9.1B (+2% year over year), operating margin 23.3%, net earnings $821M, operating cash flow −$650M. The chart follows the revenue to costs, profit and cash.
| Q1 2026 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $9.1B | -6% | +2% |
| Operating profit | $2.1B | +94% | +6% |
| Net earnings | $821M | — | -43% |
| Operating cash flow | −$650M | -154% | -209% |
What changed
Revenue was $9.1B in Q1 2026, up 2% year over year and down 6% from the previous quarter. Product was the largest line at 64% of revenue. Service added $0.16B year over year (up 5%), 72% of the total change.
Operating profit was $2.1B, a 23.3% margin (up 0.9 points year over year). Of the extra revenue versus Q1 2025, 58% reached operating profit, above the 22% margin then. Net earnings were $0.82B, down 43% year over year ($0.80B including minority interests, which bore $0.03B of losses). The effective tax rate was 10.3%.
Operating cash flow was −$0.65B. Non-cash charges added back $0.36B of depreciation and amortization and $0.06B of share-based compensation. Working capital and other items used $1.9B. Capital expenditures of $0.22B exceeded it, leaving free cash flow of −$0.87B.
Questions
What was Honeywell International's revenue in the first quarter 2026?
Honeywell International (HON) reported revenue of $9.1B for the first quarter 2026 (Q1 2026), +2% from a year earlier and -6% from the quarter before.
Was Honeywell International profitable in the first quarter 2026?
Operating profit was $2.1B (23.3% of revenue) and net earnings $821M.