Honeywell (HON) income statement
NASDAQ · Industrials · Industrial - Machinery · 101,000 employees · CEO Vimal Kapur
- Price
- $218.33 -1.72%
- Market cap
- $69.2B
- Enterprise value
- $80.1B
- Last report
- Q3 '26 filed 2026-10-22
- Next report
- 2027-02-04 EPS est. $2.44
Honeywell (HON) reported revenue of $4.99B for Q3 '26 (-52.0% year on year), operating income of $740M (14.8% of revenue) and net income of $664M. Over the last four quarters revenue was $30.7B.
Income statement
| Income statement | Trend | Q4 '23 | Q1 '24 | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 | Q2 '26 | Q3 '26 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $9.44B | $9.11B | $9.58B | $9.73B | $10.1B | $9.82B | $10.4B | $10.4B | $6.86B | $9.14B | $9.72B | $4.99B | |
| Cost of revenue | $6.2B | $5.58B | $5.86B | $5.98B | $6.42B | $6.04B | $6.33B | $6.86B | $4.39B | $5.6B | $6.07B | $2.98B | |
| Gross profit | $3.24B | $3.52B | $3.72B | $3.75B | $3.67B | $3.79B | $4.02B | $3.55B | $2.47B | $3.54B | $3.65B | $2.02B | |
| Research & development | $360M | $360M | $382M | $368M | $426M | $439M | $481M | $497M | $395M | $492M | $524M | $239M | |
| General & administrative | $1.3B | $1.3B | $1.36B | $1.4B | $0 | $0 | $0 | $0 | $0 | $1.31B | $0 | $1.04B | |
| Other operating expenses | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $851M | $48M | $0 | |
| Operating expenses | $1.66B | $1.66B | $1.74B | $1.77B | $1.83B | $1.8B | $1.91B | $1.79B | $1.76B | $2.65B | $1.92B | $1.28B | |
| Operating income | $1.58B | $1.86B | $1.98B | $1.98B | $1.84B | $1.99B | $2.11B | $1.75B | $714M | $886M | $1.74B | $740M | |
| Interest income | $80M | $105M | $110M | $110M | $101M | $90M | $79M | $86M | $114M | $0 | $0 | $50M | |
| Interest expense | $202M | $220M | $250M | $297M | $291M | $286M | $330M | $354M | $374M | $356M | $363M | $143M | |
| Other non-operating income (gains on investments, FX ...) | -$125M | -$231M | -$246M | -$138M | $4M | -$185M | -$87M | -$822M | $841M | -$356M | -$6.16B | -$389M | |
| Total non-operating income | -$77M | $11M | -$4M | -$159M | -$295M | -$101M | -$243M | $468M | -$1.22B | $0 | $5.79B | $246M | |
| Income before tax | $1.51B | $1.87B | $1.97B | $1.82B | $1.54B | $1.88B | $1.87B | $2.22B | -$501M | $886M | $7.53B | $986M | |
| Income tax | $258M | $396M | $414M | $409M | $254M | $417M | $302M | $363M | -$74M | $91M | $1.58B | $60M | |
| Net income | $1.26B | $1.46B | $1.54B | $1.41B | $1.29B | $1.45B | $1.57B | $1.83B | -$115M | $821M | $5.68B | $664M | |
| EPS (basic) | $3.84 | $4.48 | $4.74 | $4.34 | $3.96 | $4.48 | $4.92 | $5.74 | -$0.36 | $2.58 | $17.81 | $2.09 | |
| EPS (diluted) | $3.82 | $4.46 | $4.72 | $4.32 | $3.92 | $4.44 | $4.90 | $5.72 | -$0.36 | $2.58 | $17.81 | $2.08 | |
| Shares (basic, weighted) | 328M | 326M | 325M | 325M | 325M | 324M | 319M | 318M | 318M | 317M | 317M | 318M | |
| Shares (diluted, weighted) | 330M | 328M | 327M | 327M | 327M | 326M | 320M | 319M | 319M | 319M | 319M | 319M | |
| Depreciation & amortization | $301M | $291M | $309M | $357M | $377M | $374M | $404M | $397M | $367M | $357M | $312M | $256M | |
| EBITDA | $2.01B | $2.38B | $2.53B | $2.48B | $2.21B | $2.54B | $2.61B | $2.97B | $240M | $1.6B | $8.2B | $1.39B |
| Income statement | Trend | FY16 | FY17 | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $39.3B | $40.5B | $41.8B | $36.7B | $32.6B | $34.4B | $35.5B | $33B | $34.7B | $37.4B | |
| Cost of revenue | $27.7B | $28.1B | $29B | $24.3B | $22.2B | $22.1B | $22.3B | $20.6B | $21.4B | $23.6B | |
| Gross profit | $11.6B | $12.4B | $12.8B | $12.4B | $10.5B | $12.3B | $13.1B | $12.4B | $13.4B | $13.8B | |
| Research & development | $0 | $0 | $0 | $0 | $0 | $1.33B | $1.48B | $1.38B | $1.45B | $1.81B | |
| Sales & marketing | $0 | $0 | $0 | $0 | $0 | $0 | $0 | -$240M | $0 | $0 | |
| General & administrative | $5.57B | $6.09B | $6.05B | $5.52B | $4.77B | $4.8B | $5.21B | $5.13B | $0 | $0 | |
| Operating expenses | $5.57B | $6.09B | $6.05B | $5.52B | $4.77B | $6.13B | $6.69B | $6.26B | $6.69B | $7.26B | |
| Operating income | $6.05B | $6.3B | $6.71B | $6.85B | $5.7B | $6.2B | $6.43B | $6.11B | $6.67B | $6.57B | |
| Interest income | $106M | $151M | $217M | $255M | $107M | $102M | $138M | $321M | $430M | $369M | |
| Interest expense | $338M | $316M | $367M | $357M | $359M | $343M | $414M | $749M | $1.05B | $1.34B | |
| Other non-operating income (gains on investments, FX ...) | -$739M | -$963M | -$1.15B | -$1.07B | -$675M | -$1.38B | -$366M | -$830M | -$624M | -$253M | |
| Total non-operating income | $401M | $647M | $782M | $708M | $316M | $1.04B | -$48M | $81M | -$424M | -$1.09B | |
| Income before tax | $6.45B | $6.95B | $7.49B | $7.56B | $6.01B | $7.24B | $6.38B | $6.19B | $6.24B | $5.48B | |
| Income tax | $1.6B | $5.36B | $659M | $1.33B | $1.15B | $1.63B | $1.41B | $1.26B | $1.25B | $1.01B | |
| Net income | $4.81B | $1.55B | $6.77B | $6.14B | $4.78B | $5.54B | $4.97B | $5.66B | $5.71B | $4.73B | |
| EPS (basic) | $12.60 | $4.06 | $18.20 | $17.04 | $13.58 | $16.02 | $14.66 | $17.06 | $17.52 | $14.80 | |
| EPS (diluted) | $12.42 | $4.00 | $17.96 | $16.82 | $13.44 | $15.82 | $14.54 | $16.94 | $17.42 | $14.72 | |
| Shares (basic, weighted) | 382M | 381M | 372M | 361M | 352M | 346M | 339M | 332M | 325M | 320M | |
| Shares (diluted, weighted) | 388M | 386M | 377M | 365M | 356M | 350M | 342M | 334M | 328M | 321M | |
| Depreciation & amortization | $1.03B | $1.12B | $1.12B | $1.09B | $1B | $1.22B | $1.2B | $1B | $1.15B | $1.39B | |
| EBITDA | $7.82B | $8.38B | $8.97B | $9B | $7.37B | $8.8B | $8B | $7.94B | $8.44B | $8.21B |
Standardised by Financial Modeling Prep from the company's filings; outflows and costs keep the sign the provider reports. Hover a period for its end date. Amounts in USD.
Revenue, operating income and growth
quarterlyMargins
quarterlyCosts as % of revenue
quarterlyThe other statements
Sources
Statements, segment revenue, metrics, estimates: Financial Modeling Prep. Segment profits and every reported line: SEC EDGAR (XBRL). Filings read: 10-Q 2026-09-30, 10-Q 2026-06-30, 10-Q 2026-03-31, 10-K 2025-12-31, 10-Q 2025-09-30, 10-Q 2025-06-30, 10-Q 2025-03-31, 10-K 2024-12-31, 10-Q 2024-09-30
Data as of 2026-11-01