Form 10-Q · Quarterly report
Honeywell Technologies 10-Q, filed Oct 22, 2026
- Filed
- CIK
- 0000773840
- Accession no.
- 0000773840-26-000143
Summary
Honeywell International reported a 1% year-over-year increase in third-quarter 2026 net sales, with pricing and acquisitions offsetting the divestiture of its WWS and PSS businesses, and gross margin rising 440 basis points to 40.4%. For the first nine months of 2026 the company recorded a $6.6 billion gain on the deconsolidation of Quantinuum and a $241 million loss on debt extinguishment tied to debt tender offers and redemptions, and it now reports through three segments — Building Automation, Process Automation and Technology, and Industrial Automation — after completing the spin-off of Honeywell Aerospace.
Key points
- Q3 2026 net sales rose 1% from Q3 2025 on higher pricing and recent acquisitions, largely offset by lower sales from the divested WWS and PSS businesses.
- Nine-month 2026 diluted earnings per share rose, driven by a $15.70 after-tax gain on the deconsolidation of Quantinuum and higher segment profit.
- Backlog increased 1% to $18.8 billion as of September 30, 2026, with Building Automation at $9.2 billion and Process Automation and Technology at $8.0 billion.
- The nine-month period included a $311 million impairment on assets held for sale related to the WWS and PSS businesses and $7.5 billion of debt tender offers and redemptions.
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 Results Of Operations Consolidated Financial Results 41 Honeywell International Inc. TABLE OF CONTENTS Net Sales by Segment 42 Honeywell International Inc. TABLE OF CONTENTS Segment Profit by Segment 43 Honeywell International Inc. TABLE OF CONTENTS 44 Honeywell International Inc. TABLE OF CONTENTS Consolidated Operating Results Net Sales The change in Net sales was attributable to the following: Q3 2026 vs. …
An excerpt of the text as filed with the SEC, cut for length.
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