Howmet Aerospace (HWM) income statement
NYSE · Industrials · Aerospace & Defense · 25,430 employees · CEO John C. Plant
- Price
- $199.36 -3.20%
- Market cap
- $79.5B
- Enterprise value
- $83.4B
- Last report
- Q3 '26 filed 2026-10-29
- Next report
- 2027-02-11 EPS est. $1.45
Howmet Aerospace (HWM) reported revenue of $2.7B for Q3 '26 (+29.4% year on year), operating income of $777M (28.7% of revenue) and net income of $567M. Over the last four quarters revenue was $9.73B.
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 | $1.73B | $1.82B | $1.88B | $1.84B | $1.89B | $1.94B | $2.05B | $2.09B | $2.17B | $2.31B | $2.55B | $2.7B | |
| Cost of revenue | $1.28B | $1.36B | $1.36B | $1.32B | $1.35B | $1.36B | $1.43B | $1.44B | $1.41B | $1.46B | $1.6B | $1.7B | |
| Gross profit | $451M | $467M | $524M | $514M | $541M | $583M | $619M | $652M | $756M | $854M | $951M | $1B | |
| Research & development | $9M | $10M | $7M | $9M | $7M | $8M | $9M | $10M | $10M | $9M | $8M | $11M | |
| General & administrative | $0 | $0 | $0 | $0 | $0 | $0 | $96M | $100M | $96M | $0 | $0 | $120M | |
| Other operating expenses | $0 | $0 | $0 | $0 | $0 | $0 | -$7M | $0 | $73M | -$19M | $84M | $95M | |
| Operating expenses | $92M | $98M | $104M | $94M | $84M | $93M | $98M | $110M | $179M | $101M | $240M | $226M | |
| Operating income | $359M | $369M | $420M | $420M | $457M | $490M | $521M | $542M | $577M | $753M | $711M | $777M | |
| Interest income | $8M | $5M | $6M | $4M | $5M | $4M | $4M | $5M | $7M | $0 | $7M | $0 | |
| Interest expense | $52M | $49M | $49M | $44M | $40M | $39M | $38M | $37M | $37M | $43M | $51M | $48M | |
| Other non-operating income (gains on investments, FX ...) | $37M | $17M | $37M | $22M | $25M | $5M | $14M | $10M | $110M | $2M | $11M | $8M | |
| Total non-operating income | -$89M | -$66M | -$86M | -$66M | -$65M | -$44M | -$52M | -$47M | -$147M | -$45M | -$62M | -$56M | |
| Income before tax | $270M | $303M | $334M | $354M | $392M | $446M | $469M | $495M | $430M | $708M | $649M | $721M | |
| Income tax | $34M | $60M | $68M | $22M | $78M | $102M | $62M | $110M | $58M | $128M | $115M | $154M | |
| Net income | $236M | $243M | $266M | $332M | $314M | $344M | $407M | $385M | $372M | $580M | $534M | $567M | |
| EPS (basic) | $0.57 | $0.59 | $0.65 | $0.81 | $0.77 | $0.85 | $1.01 | $0.96 | $0.93 | $1.45 | $1.33 | $1.42 | |
| EPS (diluted) | $0.57 | $0.59 | $0.65 | $0.81 | $0.77 | $0.84 | $1.00 | $0.95 | $0.92 | $1.44 | $1.33 | $1.42 | |
| Shares (basic, weighted) | 411M | 410M | 408M | 408M | 406M | 405M | 405M | 403M | 402M | 401M | 400M | 398M | |
| Shares (diluted, weighted) | 414M | 412M | 411M | 410M | 408M | 407M | 407M | 405M | 404M | 403M | 402M | 400M | |
| Depreciation & amortization | $68M | $67M | $69M | $68M | $73M | $69M | $69M | $72M | $73M | $74M | $84M | $93M | |
| EBITDA | $390M | $419M | $452M | $466M | $505M | $554M | $576M | $604M | $540M | $825M | $784M | $862M |
| Income statement | Trend | FY16 | FY17 | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $12.4B | $13B | $14B | $7.1B | $5.26B | $4.97B | $5.66B | $6.64B | $7.43B | $8.25B | |
| Cost of revenue | $10.3B | $10.8B | $12B | $5.48B | $4.12B | $3.84B | $4.31B | $5.03B | $5.38B | $5.43B | |
| Gross profit | $2.1B | $2.19B | $2.05B | $1.62B | $1.14B | $1.13B | $1.35B | $1.61B | $2.05B | $2.82B | |
| Research & development | $132M | $109M | $103M | $28M | $17M | $17M | $32M | $36M | $33M | $37M | |
| General & administrative | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $362M | $0 | |
| Other operating expenses | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | -$15M | $342M | |
| Operating expenses | $881M | $824M | $707M | $428M | $294M | $268M | $320M | $369M | $380M | $774M | |
| Operating income | $1.21B | $1.37B | $1.35B | $1.19B | $849M | $866M | $1.03B | $1.25B | $1.67B | $2.05B | |
| Interest income | $16M | $19M | $23M | $24M | $5M | $2M | $6M | $23M | $20M | $20M | |
| Interest expense | $508M | $496M | $376M | $338M | $381M | $259M | $229M | $218M | $182M | $151M | |
| Other non-operating income (gains on investments, FX ...) | $292M | $401M | $102M | $639M | $297M | $283M | $199M | $52M | $107M | -$59M | |
| Total non-operating income | -$800M | -$897M | -$478M | -$977M | -$678M | -$542M | -$428M | -$270M | -$289M | -$206M | |
| Income before tax | $414M | $470M | $868M | $210M | $171M | $324M | $606M | $975M | $1.38B | $1.84B | |
| Income tax | $1.48B | $544M | $226M | $84M | -$40M | $66M | $137M | $210M | $228M | $332M | |
| Net income | -$941M | -$74M | $642M | $470M | $211M | $258M | $469M | $765M | $1.16B | $1.51B | |
| EPS (basic) | -$2.55 | -$0.16 | $1.35 | $1.08 | $0.48 | $0.60 | $1.12 | $1.85 | $2.83 | $3.73 | |
| EPS (diluted) | -$2.13 | -$0.16 | $1.28 | $1.02 | $0.48 | $0.59 | $1.11 | $1.83 | $2.81 | $3.71 | |
| Shares (basic, weighted) | 364M | 451M | 477M | 434M | 435M | 430M | 416M | 412M | 408M | 404M | |
| Shares (diluted, weighted) | 438M | 451M | 503M | 463M | 439M | 435M | 421M | 416M | 410M | 406M | |
| Depreciation & amortization | $1.13B | $551M | $576M | $295M | $279M | $270M | $265M | $272M | $277M | $283M | |
| EBITDA | $2.05B | $1.52B | $1.82B | $843M | $831M | $853M | $1.1B | $1.47B | $1.84B | $2.39B |
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