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How Honeywell Aerospace (HONA) makes money: Q2 2026 revenue breakdown
The quarter in brief
Revenue grew 5.4% y/y to $4.52B, pre-tax margin 8.4% vs 23.3%, net income $246M (−70.9% y/y).
Key growth driver: Product sales — the fastest-growing revenue line: $2,611, +8% y/y. · by the Q2 2026 report
Net income attributable to Aerospace
$246M
down 70.9% y/y
Net sales
$4,522M
up 5.4% y/y
Next report
not announced yet
How does Honeywell Aerospace make money?
Honeywell Aerospace brought in $4.52 billion of revenue in Q2 2026, up 5.4% year over year. The largest source was Product sales: $2.61 billion, or 58% of the total, followed by Service sales ($1.91B, 42%). Net income for the quarter was $246 million, down 70.9% year over year.
Revenue by source, Q2 2026
- Product sales$2.61B · 58% · +7.7%
- Service sales$1.91B · 42% · +2.5%
Shares of $4.52B total revenue; changes are year over year, as reported. ≈ marks lines derived from disclosed totals. The same flows are drawn in the Sankey chart below.
All figures in $M.
| Line item | Amount and change |
|---|---|
| Product sales | $2,611 · +7.7% |
| Service sales | $1,911 · +2.5% |
| Net sales | $4,522 · +5.4% |
| Cost of products sold | $1,988 · +8.2% |
| Cost of services sold | $953 · +7.3% |
| Research and development expenses | $183 · +9.6% |
| Selling, general and administrative expenses | $722 · +88.5% |
| Other expense, net | $98 · +600% |
| Interest and other financial charges | $200 · vs $0 |
| Income before taxes | $378 · −62.2% · 8.4% margin |
| Income tax expense | $122 · −17.6% · 32.3% effective rate |
| Less: Net income attributable to noncontrolling interests | $10 · +25.0% |
| Net income attributable to Aerospace | $246 · −70.9% · 5.4% margin |
Verdict: revenue grew 5.4% y/y to $4.52B, pre-tax margin 8.4% vs 23.3%, net income $246M (−70.9% y/y).
Honeywell Aerospace completed its spin-off from Honeywell Technologies (Nasdaq: HON) on June 29, 2026, so second-quarter sales of $4,522M were its final quarter as a segment of Honeywell.
Source and notation
Source: Honeywell Aerospace press release, 8-K EX-99.1 of 08/05/2026 (SEC EDGAR). Every figure was matched against the income statement in the release and checked against SEC XBRL.
Open the chart as a PNG image ↗ · for sharing and presentations · free to reuse, CC BY 4.0
- Year to date the company has secured $15 billion of new wins (estimated lifetime value); supply constraints limited output growth in the quarter.
- Supply chain actions include qualifying over 50 new suppliers, with 50 more expected for the second half.
- Pre-tax income was $378M, a 8.4% margin vs 23.3% a year earlier.
- The effective tax rate was 32.3% vs 14.8% a year earlier.
What distorts the picture in this report and what to watch beyond the headlines.
Who runs the company now
- James CurrierPresident and Chief Executive Officer [1]
- Joshua JepsenSenior Vice President and Chief Financial Officer [2]
As of 10/20/2026, per the company’s SEC filings: signatures on the latest report and leadership-change filings.
Positions: the company’s SEC filings. Spotted an error, or is this you and you’d like it corrected or removed? Contact us
How this is compiled
Who runs the company now comes from primary sources only: for US companies, the CEO and CFO signatures on the latest SEC report, and a separate board chair from the proxy statement (DEF 14A); for Russian and Kazakh issuers, the company website and its disclosures. We recheck weekly; if a name can’t be confirmed, or a leadership-change filing came out after the report, we don’t show it until it’s reviewed. History comes from proxy statements, disclosures, Wikipedia and Wikidata; years show when a term started and ended, “since” means the person is in office now. An outcome for a previous employer is shown only when the linked document states it.
Sources · 2
- SEC EDGAR: 10-Q 2026-08-05 · SEC EDGAR · 10/20/2026
- SEC EDGAR: 10-Q 2026-08-05 · SEC EDGAR · 10/20/2026
Honeywell Aerospace Inc. is an independent American manufacturer of aircraft engines, avionics, auxiliary power units (APUs), and other aviation systems. · Text: Wikipedia, CC BY-SA 4.0, abridged
Headquartered in Phoenix, Arizona, it operates as one of the world's largest standalone tier-1 aerospace and defense suppliers. The company generates approximately $15 billion in annual revenue from a balanced portfolio of commercial and military defense contracts.
Heads-up
- net income fell 71% y/y in Q2 2026
Most likely because the effective tax rate was 32.3% vs 14.8% a year earlier; pre-tax income was $378M, a 8.4% margin vs 23.3% a year earlier. Based on the Q2 2026 report.
The company's report ↗Shareholders’ equity at Jun 27, 2026: −$5.7B (−29% of total assets). Other S&P 500 companies with negative equity →
Honeywell Aerospace (HONA) earnings: FAQ
How does Honeywell Aerospace make money?
Honeywell Aerospace brought in $4.52 billion of revenue in Q2 2026, up 5.4% year over year. The largest source was Product sales: $2.61 billion, or 58% of the total, followed by Service sales ($1.91B, 42%). Net income for the quarter was $246 million, down 70.9% year over year.
When is HONA's next earnings date?
We have not yet seen an announcement of the next earnings date from Honeywell Aerospace (HONA).
When did HONA last report earnings?
Honeywell Aerospace reported Q2 2026 results on Aug 5, 2026.
Where can I find Honeywell Aerospace's financial statements?
On SEC EDGAR: quarterly reports (10-Q), the annual report (10-K) and earnings releases (8-K). The “Verified” badge next to the chart links to HONA's filings; this page breaks the latest report down in a Sankey chart.
What was HONA's net income in Q2 2026?
Honeywell Aerospace reported net income of $246M for Q2 2026 (−70.9% year over year), under US GAAP.
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