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Hexcel (HXL) gross margin by quarter

Hexcel's gross margin was 23.3% in Q3 2026 (third quarter 2026), -2.8 pts from Q2 2026. Over the last 7 quarters it ranged from 21.9% (Q3 2025) to 26.9% (Q1 2026).

Hexcel gross margin by quarterHexcel gross margin by quarter22.4%Q1 202522.8%Q2 202521.9%Q3 202524.6%Q4 202526.9%Q1 202626.1%Q2 202623.3%Q3 2026
QuarterGross marginQ/QY/Y
Q3 202623.3%-2.8 pts+1.4 pts
Q2 202626.1%-0.8 pts+3.3 pts
Q1 202626.9%+2.2 pts+4.4 pts
Q4 202524.6%+2.7 pts—
Q3 202521.9%-0.9 pts—
Q2 202522.8%+0.3 pts—
Q1 202522.4%——

Q3 2026 at a glance

Hexcel, Q3 2026: revenue $496M (+9% year over year), operating margin 11.0%, net earnings $38.6M, operating cash flow $74.4M. The chart follows the revenue to costs, profit and cash.

Questions

What is Hexcel's gross margin?

Hexcel's gross margin was 23.3% in Q3 2026 (third quarter 2026), -2.8 pts from Q2 2026.

How has Hexcel's gross margin changed?

Over the last 7 quarters it ranged from 21.9% (Q3 2025) to 26.9% (Q1 2026).

Q3 2026 results → · How Hexcel makes money →