Howmet Aerospace Reports Second Quarter Net Income of $534 Million
Howmet Aerospace Inc. reported a 24.1% increase in second quarter revenue and provided positive financial guidance for the remainder of 2026.
Howmet Aerospace Inc. reported a significant increase in earnings for the second quarter of 2026, with net income reaching $534 million, or $1.33 per share. This represents a rise from the $407 million, or $1.00 per share, earned during the same period in the previous year.
Revenue for the quarter grew 24.1% to $2.547 billion, up from $2.053 billion in the prior year's second quarter. The company's growth trend is expected to continue into the next quarter, with projected earnings per share between $1.34 and $1.36 and revenue estimated between $2.565 billion and $2.585 billion.
For the full 2026 fiscal year, Howmet Aerospace Inc. projects total revenue between $10.000 billion and $10.100 billion. The company expects full-year earnings per share to land between $5.23 and $5.31.