HWM · 10-Q · 2026Q2 · Full report
Segment Revenue Performance
Howmet Aerospace Inc. · 2026-08-06 · Importance 64 · Surprise 56 · No source text
Engine Products sales increased 32% to $1,373 million in the second quarter and 31% to $2,626 million for the six months, driven by commercial and defense aerospace and engine spares growth. Fastening Systems sales increased 37% to $1,060 million in the second quarter and 26% for the six months, primarily from the CAM and Brunner acquisitions and aerospace growth. Engineered Structures sales decreased 13% in the second quarter and 8% for the six months because of the disk forging facility divestiture and product rationalization. Forged Wheels sales increased 14% in the second quarter and 16% for the six months due to aluminum and inflationary cost pass-through, favorable foreign exchange for the six-month period, and lower commercial transportation volumes.
Key facts
- Fastening Systems third-party sales increased $158, or 37%, in Q2 2026 compared to Q2 2025, and increased $217, or 26%, in the six months ended June 30, 2026 versus prior year period, primarily due to CAM and Brunner acquisitions. source
- Engine Products third-party sales increased $614, or 31%, in six months ended June 30, 2026 versus six months ended June 30, 2025. source
- Engine Products third-party sales increased $335, or 32%, in Q2 2026 versus Q2 2025. source
- Engineered Structures third-party sales decreased $39, or 13%, in Q2 2026 compared to Q2 2025, and decreased $49, or 8%, in six months ended June 30, 2026 compared to prior year, primarily due to the disk forging facility divestiture and product rationalization. source
- Engine Products third-party sales in Q2 2026: $1,373 compared to $1,038 in Q2 2025; six months: $2,626 compared to $2,012. source
- Total Segment Adjusted EBITDA (consolidated) in Q2 2026: $1,610 compared to $1,193 in Q2 2025. source
- Forged Wheels Segment Adjusted EBITDA increased $12, or 16%, in Q2 2026 versus Q2 2025 and increased $34, or 24%, in six months ended June 30, 2026 versus prior year, driven primarily by cost reductions including lower net headcount. source
- Forged Wheels third-party sales increased $40, or 14%, in Q2 2026 compared to Q2 2025, and increased $83, or 16%, in six months ended June 30, 2026 compared to six months ended June 30, 2025. source
Impact estimates
| metric | direction | stage | expected | basis |
|---|---|---|---|---|
| revenue | positive | realized | +24.1% | Engine Products third-party sales increased $614, or 31%, in six months ended June 30, 2026 versus six months ended June 30, 2025. |
| operating_income | positive | realized | +16.4% | Total Segment Adjusted EBITDA (consolidated) in Q2 2026: $1,610 compared to $1,193 in Q2 2025. |
| revenue | positive | realized | +13.2% | Engine Products third-party sales in Q2 2026: $1,373 compared to $1,038 in Q2 2025; six months: $2,626 compared to $2,012. |
| revenue | positive | realized | +8.5% | Fastening Systems third-party sales increased $158, or 37%, in Q2 2026 compared to Q2 2025, and increased $217, or 26%, in the six months… |
| revenue | positive | realized | +6.2% | Fastening Systems third-party sales increased $158, or 37%, in Q2 2026 compared to Q2 2025, and increased $217, or 26%, in the six months… |
| revenue | negative | realized | -1.9% | Engineered Structures third-party sales decreased $39, or 13%, in Q2 2026 compared to Q2 2025, and decreased $49, or 8%, in six months… |
| revenue | negative | realized | -1.5% | Engineered Structures third-party sales decreased $39, or 13%, in Q2 2026 compared to Q2 2025, and decreased $49, or 8%, in six months… |