Form 10-Q · Quarterly report
Honeywell Aerospace 10-Q, filed Oct 28, 2026
- Filed
- CIK
- 0002089271
- Accession no.
- 0002089271-26-000032
Summary
Honeywell Aerospace became an independent public company on June 29, 2026, when Honeywell completed a pro-rata spin-off of the aerospace business, distributing 316.9 million shares — one for every two Honeywell shares held — with the stock listing on Nasdaq under the symbol HONA. In its first quarterly report as a standalone company, Honeywell Aerospace said net sales rose 2% year over year in the quarter ended September 26, 2026, and 5% for the nine-month period, while warning that supplier constraints, tariffs and elevated energy prices may keep pressuring costs and supply chains.
Key points
- Net sales rose $111 million year over year in the quarter, driven by organic growth of $77 million in Electronic Solutions and $35 million in Engines & Power Systems.
- Nine-month net sales rose $622 million, with higher organic sales of $291 million in Commercial Aftermarket, $198 million in Defense and Space, and $110 million in Commercial Original Equipment.
- Nine-month cost of products and services sold rose $440 million, mostly from $386 million of higher direct and indirect material costs net of IEEPA tariff refunds, plus about $70 million in inventory obsolescence charges; gross margin fell 1 percentage point.
- Company-funded research and development rose to $216 million in the quarter from $186 million a year earlier, and the company announced a planned expansion of its Tempe, Arizona manufacturing facilities.
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 Business Overview We are a leading global tier-1 aerospace and defense supplier of mission critical systems and technologies that enable the production, maintenance, and safe operation of aerospace and defense platforms. Our systems and technologies support original equipment manufacturer (“OEM”), government, defense prime contractors, and aircraft operator customers across the Commercial Air Transport, Business Aviation, and Defense and Space end markets. …
An excerpt of the text as filed with the SEC, cut for length.
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