Filing Flows › Honeywell International (HON) › Q2 2026 › vs Q1 2026
Honeywell International (HON) Q2 2026 vs Q1 2026 (quarter over quarter)
Honeywell International's revenue rose $576M (+6%) from $9.1B in Q1 2026 to $9.7B in Q2 2026. The biggest changes: Product +$507M (+9%); Service +$69.0M (+2%). Operating margin 23.0% against 23.3% (-0.2 pts).
Honeywell International, Q2 2026: revenue $9.7B (+4% year over year), operating margin 23.0%, net earnings $5.7B, operating cash flow $1.3B. The chart draws each line against Q1 2026, the increases inside each band.
Margins
| Q2 2026 | Q1 2026 | Change | |
|---|---|---|---|
| Operating margin | 23.0% | 23.3% | -0.2 pts |
| Net margin | 58.5% | 9.0% | +49.5 pts |
| Free cash flow margin | 9.9% | -9.5% | +19.4 pts |
Every line
| Line | Q2 2026 | Q1 2026 | Change | % |
|---|---|---|---|---|
| Product | $6.4B | $5.9B | $507M | +9% |
| Service | $3.3B | $3.3B | $69.0M | +2% |
| Revenue | $9.7B | $9.1B | $576M | +6% |
| Other income, net | $5.0B | −$1.2B | $6.3B | — |
| Operating profit | $2.2B | $2.1B | $111M | +5% |
| Costs & expenses | $7.5B | $7.0B | $465M | +7% |
| Pre-tax earnings | $7.3B | $886M | $6.4B | +720% |
| Net earnings | $5.7B | $821M | $4.9B | +592% |
| Minority interests | $4.0M | −$26.0M | $30.0M | — |
| Income tax | $1.6B | $91.0M | $1.5B | 17× |
| Depreciation & amortization | $312M | $357M | −$45.0M | -13% |
| Share-based compensation | $51.0M | $57.0M | −$6.0M | -11% |
| Working capital & other | $4.8B | $1.9B | $2.9B | +153% |
| Operating cash flow | $1.3B | −$650M | $1.9B | — |
| Free cash flow (OCF − capex) | $961M | −$873M | $1.8B | — |
| Capital expenditures | $315M | $223M | $92.0M | +41% |
Questions
How much did Honeywell International's revenue grow quarter over quarter in Q2 2026?
Honeywell International's revenue rose $576M (+6%) from $9.1B in Q1 2026 to $9.7B in Q2 2026.
What drove Honeywell International's revenue change in Q2 2026?
Product +$507M (+9%); Service +$69.0M (+2%).