HON · 10-Q/A · 2026Q2 · Full report

Net Income and Profitability

HONEYWELL INTERNATIONAL INC · 2026-07-24 · Importance 96 · Surprise 100 · Matches filing data

Net income from continuing operations increased by $3.802 billion year to date to $6.481 billion in 2026. Diluted EPS benefited by $15.78 after tax in Q2 and $15.65 after tax year to date from the Quantinuum deconsolidation gain. Higher Aerospace Spin-Off divestiture-related costs reduced diluted EPS by $1.54 in Q2 and $2.05 year to date. Year-to-date EPS was also reduced by $0.80 after tax from higher debt restructuring costs.

Key facts

• The Company recorded a gain on deconsolidation of subsidiary of $6,629 million in the three and six months ended June 30, 2026 due to the deconsolidation of Quantinuum. source
• Earnings per share impact: Gain on deconsolidation of Quantinuum contributed $15.78 after tax to EPS in Q2 2026 and $15.65 after tax to EPS year-to-date 2026; partially offset by higher divestiture-related costs of $1.54 after tax in Q2 and $2.05 after tax YTD, and higher debt restructuring costs of $0.80 after tax YTD. source
• Equity losses on Quantinuum were recorded following the deconsolidation of Quantinuum in the second quarter of 2026, causing equity loss in the three and six months ended June 30, 2026. source

Impact estimates