Form 10-Q · Quarterly report
Howmet Aerospace 10-Q, filed Oct 29, 2026
- Filed
- CIK
- 0000004281
- Accession no.
- 0000004281-26-000036
Summary
Howmet Aerospace reported third-quarter 2026 sales of $2.703 billion, up 29% from $2.089 billion a year earlier, and net income of $567 million, or $1.42 per diluted share, versus $385 million, or $0.95, citing growth in commercial and defense aerospace, gas turbines, and commercial transportation plus its CAM and Brunner acquisitions.
Key points
- Third-quarter 2026 sales rose 29% to $2.703 billion; nine-month sales were $7.563 billion versus $6.084 billion a year earlier.
- Third-quarter net income was $567 million, or $1.42 per diluted share, versus $385 million, or $0.95; nine-month net income was $1.681 billion, or $4.18 per diluted share.
- Cost of goods sold fell to 62.9% of sales in the third quarter from 65.3%, helped by market growth and favorable product pricing.
- Howmet completed the CAM and Brunner acquisitions and divested its disk forging facility on March 31, 2026; nine-month restructuring credits included a $93 million gain on the Savannah disk forging sale.
Written by an AI model from the filing text. It can be incomplete or wrong; the filing on SEC.gov is the record.
From the filing
Item 2. Management’s Discussion Overview Howmet is a global leader in lightweight metals engineering and manufacturing. Howmet’s innovative, multi-material products, which include nickel, titanium, aluminum, and cobalt, are used worldwide in the aerospace (commercial and defense), commercial transportation, gas turbines, and other markets. In the nine months ended September 30, 2026, the Company derived approximately 68% of its revenue from products sold to the commercial and defense aerospace markets. …
An excerpt of the text as filed with the SEC, cut for length.
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