Filing Flows › Howmet Aerospace (HWM) › Q3 2026
Howmet Aerospace (HWM) Q3 2026 earnings results (third quarter 2026)
10-Q filed Oct 29, 2026
Howmet Aerospace (HWM) reported revenue of $2.7B for the third quarter 2026 (Q3 2026), +29% from a year earlier and +6% from the quarter before. Operating margin was 28.7%, net earnings $567M (21.0% of revenue).
Howmet Aerospace, Q3 2026: revenue $2.7B (+29% year over year), operating margin 28.7%, net earnings $567M, operating cash flow $709M. The chart follows the revenue to costs, profit and cash.
| Q3 2026 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $2.7B | +6% | +29% |
| Operating profit | $777M | +9% | +43% |
| Net earnings | $567M | +6% | +47% |
| Operating cash flow | $709M | +22% | +34% |
| Free cash flow | $562M | +17% | +33% |
What changed
Revenue was $2.7B in Q3 2026, up 29% year over year and up 6% from the previous quarter. Aerospace - Commercial was the largest line at 54% of revenue. Aerospace - Commercial added $0.35B year over year (up 32%), 57% of the total change.
Operating profit was $0.78B, a 28.7% margin (up 2.8 points year over year). Of the extra revenue versus Q3 2025, 38% reached operating profit, above the 26% margin then. Total costs grew 24% against revenue growth of 29%. The fastest-growing cost line was Other operating costs (+32%). Net earnings were $0.57B, up 47% year over year. The effective tax rate was 21.4%.
Operating cash flow was $0.71B (up 34% year over year), 125% of net earnings. Non-cash charges added back $0.09B of depreciation and amortization. Working capital and other items added $0.05B. Capital expenditures of $0.15B left free cash flow of $0.56B.
Questions
What was Howmet Aerospace's revenue in the third quarter 2026?
Howmet Aerospace (HWM) reported revenue of $2.7B for the third quarter 2026 (Q3 2026), +29% from a year earlier and +6% from the quarter before.
Was Howmet Aerospace profitable in the third quarter 2026?
Operating profit was $777M (28.7% of revenue) and net earnings $567M.
Source: Howmet Aerospace 10-Q on SEC EDGAR.