Howmet Q2 FY26 GAAP EPS rises 33% to $1.33; revenue climbs 24% to $2.55 billion - HWM News | RalliesHowmet Q2 FY26 GAAP EPS rises 33% to $1.33; revenue climbs 24% to $2.55 billion
H
HWM• Q2 results
- Howmet Aerospace posted Q2 revenue of USD 2.55 billion, up 24% year over year; GAAP EPS rose 33% to USD 1.33.
- GAAP operating income climbed 36% to USD 711 million, lifting operating margin by 2.5 percentage points to 27.9%.
- Adjusted EBITDA increased 39% to USD 817 million, expanding adjusted EBITDA margin by 3.4 percentage points to 32.1%.
- Free cash flow jumped 39% to USD 479 million; USD 300 million was deployed for share repurchases in the quarter.
Guidance and business outlook
- Management said commercial aircraft build rates are supported by record backlogs.
- Full-year 2026 guidance was raised, with revenue baseline at USD 10.05 billion.
GUER
•
