Filing Flows › Howmet Aerospace (HWM) › Q2 2026
Howmet Aerospace (HWM) Q2 2026 earnings results (second quarter 2026)
10-Q filed Aug 6, 2026
Howmet Aerospace (HWM) reported revenue of $2.5B for the second quarter 2026 (Q2 2026), +24% from a year earlier and +10% from the quarter before. Operating margin was 27.9%, net earnings $534M (21.0% of revenue).
Howmet Aerospace, Q2 2026: revenue $2.5B (+24% year over year), operating margin 27.9%, net earnings $534M, operating cash flow $583M. The chart follows the revenue to costs, profit and cash.
| Q2 2026 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $2.5B | +10% | +24% |
| Operating profit | $711M | -6% | +36% |
| Net earnings | $534M | -8% | +31% |
| Operating cash flow | $583M | +29% | +31% |
| Free cash flow | $479M | +33% | +39% |
What changed
Revenue was $2.5B in Q2 2026, up 24% year over year and up 10% from the previous quarter. Aerospace - Commercial was the largest line at 53% of revenue. Aerospace - Commercial added $0.30B year over year (up 28%), 61% of the total change.
Operating profit was $0.71B, a 27.9% margin (up 2.5 points year over year). Of the extra revenue versus Q2 2025, 38% reached operating profit, above the 25% margin then. Total costs grew 20% against revenue growth of 24%. The fastest-growing cost line was SG&A (+66%). Net earnings were $0.53B, up 31% year over year. The effective tax rate was 17.7%.
Operating cash flow was $0.58B (up 31% year over year), 109% of net earnings. Non-cash charges added back $0.08B of depreciation and amortization. Working capital and other items used $0.04B. Capital expenditures of $0.10B left free cash flow of $0.48B.
Questions
What was Howmet Aerospace's revenue in the second quarter 2026?
Howmet Aerospace (HWM) reported revenue of $2.5B for the second quarter 2026 (Q2 2026), +24% from a year earlier and +10% from the quarter before.
Was Howmet Aerospace profitable in the second quarter 2026?
Operating profit was $711M (27.9% of revenue) and net earnings $534M.
Source: Howmet Aerospace 10-Q on SEC EDGAR.