Honeywell Aerospace 2Q26 Net Income Drops 70% to $256 Million; Sales Rise 5% to $4.52 Billion - HON News | RalliesHoneywell Aerospace 2Q26 Net Income Drops 70% to $256 Million; Sales Rise 5% to $4.52 Billion
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HON• Second-quarter results and outlook
- Honeywell Aerospace 2Q 2026 net income fell 70% to $256 million as sales rose 5% to $4.52 billion.
- GAAP EPS dropped 71% to $0.78; non-GAAP adjusted EPS slid 32% to $1.87.
- Non-GAAP adjusted EBIT declined 7% to $995 million, including about $100 million of separation-related costs and inventory obsolescence charges.
- Backlog climbed 9% to $18.15 billion; trailing 12-month orders increased 8%, led by Defense and Space.
- Outlook cut: 2026 organic growth seen at 4%-5% versus 7%-9%; non-GAAP pro forma standalone adjusted EBIT seen at $4.35-$4.45 billion.
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