Filing Flows › Howmet Aerospace (HWM) › Q3 2025
Howmet Aerospace (HWM) Q3 2025 earnings results (third quarter 2025)
10-Q filed Oct 30, 2025
Howmet Aerospace (HWM) reported revenue of $2.1B for the third quarter 2025 (Q3 2025), +14% from a year earlier and +2% from the quarter before. Operating margin was 25.9%, net earnings $385M (18.4% of revenue).
Howmet Aerospace, Q3 2025: revenue $2.1B (+14% year over year), operating margin 25.9%, net earnings $385M, operating cash flow $531M. The chart follows the revenue to costs, profit and cash.
| Q3 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $2.1B | +2% | +14% |
| Operating profit | $542M | +4% | +29% |
| Net earnings | $385M | -5% | +16% |
| Operating cash flow | $531M | +19% | +118% |
| Free cash flow | $423M | +23% | +161% |
What changed
Revenue was $2.1B in Q3 2025, up 14% year over year and up 2% from the previous quarter. Aerospace - Commercial was the largest line at 53% of revenue. Aerospace - Commercial added $0.15B year over year (up 15%), 58% of the total change. Commercial Transportation declined 3%.
Operating profit was $0.54B, a 25.9% margin (up 3.0 points year over year). Of the extra revenue versus a year earlier, 48% reached operating profit, above the 23% margin then. Total costs grew 9% against revenue growth of 14%. The fastest-growing cost line was SG&A (+18%). Net earnings were $0.39B, up 16% year over year. The effective tax rate was 22.2%.
Operating cash flow was $0.53B (up 118% year over year), 138% of net earnings. Non-cash charges added back $0.07B of depreciation and amortization. Working capital and other items added $0.07B. Capital expenditures of $0.11B left free cash flow of $0.42B.
Questions
What was Howmet Aerospace's revenue in the third quarter 2025?
Howmet Aerospace (HWM) reported revenue of $2.1B for the third quarter 2025 (Q3 2025), +14% from a year earlier and +2% from the quarter before.
Was Howmet Aerospace profitable in the third quarter 2025?
Operating profit was $542M (25.9% of revenue) and net earnings $385M.
Source: Howmet Aerospace 10-Q on SEC EDGAR.