Howmet Aerospace Reports Second Quarter 2026 Results
Howmet Aerospace reported Q2 2026 revenue of $2.55 billion, up 24% year-over-year with 21% organic growth, while GAAP and Adjusted EPS both reached $1.33, exceeding the high end of guidance. Adjusted EBITDA margin expanded 340 basis points to 32.1%, driving free cash flow of $479 million for the quarter and $838 million year-to-date. The company raised full-year 2026 guidance, now targeting revenue of $10.05 billion and adjusted EPS of $5.27 at the midpoint, supported by strong demand in commercial aerospace and gas turbines.
Key figures
- Eps
- 1.33
- Revenue
- 2547000000
- Guidance
- FY 2026 Revenue $10.00B-$10.10B (raised from prior range), Adj EPS $5.23-$5.31 (raised from prior range)
- Revenue Yoy
- 24%
- Free cash flow
- 479000000
- Adjusted ebitda
- 817000000
- Operating income
- 711000000
- Adjusted ebitda margin
- 32.1%
AI analysis
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