HEXCEL CORP /DE/ (HXL) Form 10-Q — Oct 21, 2026
Hexcel's Q3 2026 net sales rose 8.8% to $496.4 million and net income nearly doubled to $38.6 million, with diluted EPS of $0.50 versus $0.26 a year ago. Commercial Aerospace sales grew 20.5% to $330.3 million, driven by A350, 787 and MAX platforms, while Defense, Space & Other declined 8.7% on industrial divestitures and launcher softness. On October 21, 2026, the Board raised the share repurchase authorization from $380.6 million to $750 million and declared a quarterly dividend of $0.18 per share payable November 9, 2026. Operating margin expanded to 11.0% from 7.9%, and nine-month operating cash flow rose to $171.1 million from $105.0 million.
Key figures
- Eps
- 0.5
- Eps Beat
- 0
- Revenue
- 496.4
- Net Income
- 38.6
- Total Debt
- 934.9
- Revenue Yoy
- 8.8%
- Cash Position
- 77.8
- Shares Outstanding
- 75701918
- Capex 9m
- 68.6
- Gross margin q3
- 23.3%
- Quarterly dividend
- $0.18/share
- Operating income q3
- 54.8
- Operating margin q3
- 11.0%
- Effective tax rate q3
- 9.7%
- Nine month net income
- 125.1
- Defense space q3 sales
- 166.1
- Nine month diluted eps
- 1.63
- Operating cash flow 9m
- 171.1
- Defense space q3 growth
- -8.7%
- Commercial aero q3 sales
- 330.3
- Buyback new authorization
- $750M
- Commercial aero q3 growth
- 20.5%
- Buyback remaining before increase
- $380.6M
AI analysis
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