Huntington Ingalls Q2 revenue rises 10.9%, lifts FY26 shipbuilding forecast
HII•Key details
| Metric | Actual | Consensus Estimate |
|---|---|---|
| Q2 EPS | $5.27 | |
| Q2 Net Income | $208 million |
Result drivers by segment
- Newport News growth - Higher volumes in aircraft carriers and submarines drove revenue and operating income gains at Newport News Shipbuilding
- Ingalls Shipbuilding volumes - Increased amphibious assault ship volumes boosted revenue at Ingalls Shipbuilding
- Mission Technologies mixed - Lower All-Domain Operations volumes and absence of prior-year settlement reduced revenue, but higher equity income from joint ventures lifted segment operating income
Quarterly results and outlook
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U.S. shipbuilder's fiscal Q2 revenue rose 10.9% year over year, driven by Newport News and Ingalls growth
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Net earnings and EPS increased sharply from the prior year
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Company raised FY26 shipbuilding revenue and margin guidance on strong demand and throughput
