Filing Flows › Howmet Aerospace (HWM) › Q2 2025
Howmet Aerospace (HWM) Q2 2025 earnings results (second quarter 2025)
10-Q filed Jul 31, 2025
Howmet Aerospace (HWM) reported revenue of $2.1B for the second quarter 2025 (Q2 2025), +9% from a year earlier and +6% from the quarter before. Operating margin was 25.4%, net earnings $407M (19.8% of revenue).
Howmet Aerospace, Q2 2025: revenue $2.1B (+9% year over year), operating margin 25.4%, net earnings $407M, operating cash flow $446M. The chart follows the revenue to costs, profit and cash.
| Q2 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $2.1B | +6% | +9% |
| Operating profit | $521M | +5% | +31% |
| Net earnings | $407M | +18% | +53% |
| Operating cash flow | $446M | +76% | +12% |
| Free cash flow | $344M | +157% | +0.6% |
What changed
Revenue was $2.1B in Q2 2025, up 9% year over year and up 6% from the previous quarter. Aerospace - Commercial was the largest line at 52% of revenue. Aerospace - Commercial added $0.08B year over year (up 8%), 47% of the total change. Commercial Transportation declined 4%.
Operating profit was $0.52B, a 25.4% margin (up 4.2 points year over year). Of the extra revenue versus a year earlier, 71% reached operating profit, above the 21% margin then. Total costs grew 3% against revenue growth of 9%. The fastest-growing cost line was Research & development (+29%). Net earnings were $0.41B, up 53% year over year. The effective tax rate was 13.2%.
Operating cash flow was $0.45B (up 12% year over year), 110% of net earnings. Non-cash charges added back $0.07B of depreciation and amortization. Working capital and other items used $0.03B. Capital expenditures of $0.10B left free cash flow of $0.34B.
Questions
What was Howmet Aerospace's revenue in the second quarter 2025?
Howmet Aerospace (HWM) reported revenue of $2.1B for the second quarter 2025 (Q2 2025), +9% from a year earlier and +6% from the quarter before.
Was Howmet Aerospace profitable in the second quarter 2025?
Operating profit was $521M (25.4% of revenue) and net earnings $407M.
Source: Howmet Aerospace 10-Q on SEC EDGAR.