Filing Flows › Honeywell International (HON) › Q2 2025
Honeywell International (HON) Q2 2025 earnings results (second quarter 2025)
10-Q filed Jul 24, 2025
Honeywell International (HON) reported revenue of $10.4B for the second quarter 2025 (Q2 2025), +8% from a year earlier and +5% from the quarter before. Operating margin was 22.9%, net earnings $1.6B (15.2% of revenue).
Honeywell International, Q2 2025: revenue $10.4B (+8% year over year), operating margin 22.9%, net earnings $1.6B, operating cash flow $1.3B. The chart follows the revenue to costs, profit and cash.
| Q2 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $10.4B | +5% | +8% |
| Gross profit | $3.7B | +6% | +9% |
| Operating profit | $2.4B | +5% | +8% |
| Net earnings | $1.6B | +8% | +2% |
| Operating cash flow | $1.3B | +121% | -4% |
| Free cash flow | $1.0B | — | -9% |
What changed
Revenue was $10.4B in Q2 2025, up 8% year over year and up 5% from the previous quarter.
Gross margin was 35.4%, up 0.4 points from a year earlier. Operating profit was $2.4B, a 22.9% margin (down 0.1 points year over year). Of the extra revenue versus a year earlier, 22% reached operating profit, below the 23% margin then. Operating expenses grew 13% against revenue growth of 8%. Net earnings were $1.6B, up 2% year over year. The effective tax rate was 16.1%.
Operating cash flow was $1.3B (down 4% year over year), 84% of net earnings. Non-cash charges added back $0.40B of depreciation and amortization and $0.06B of share-based compensation. Working capital and other items used $0.71B. After capital expenditures ($0.30B), free cash flow as the company reports it was $1.0B.
Questions
What was Honeywell International's revenue in the second quarter 2025?
Honeywell International (HON) reported revenue of $10.4B for the second quarter 2025 (Q2 2025), +8% from a year earlier and +5% from the quarter before.
Was Honeywell International profitable in the second quarter 2025?
Operating profit was $2.4B (22.9% of revenue) and net earnings $1.6B.