AI English summary of an SEC filing — figures as filed
Honeywell HONHoneywell said Aerospace Technologies net sales rose $150 million, and segment margin was 26.5% (26.3% in the same period of the prior year). The company said Industrial Automation sales fell $176 million on the sale of its PPE business on May 21, 2025.
Key points
AI summaryHoneywell said Aerospace Technologies net sales rose $150 million, and segment margin was 26.5% (26.3% in the same period of the prior year). The company said Industrial Automation sales fell $176 million on the sale of its PPE business on May 21, 2025.
The company said net cash provided by financing activities in Q1 2026 came from pre-separation funding of $15,835 million related to the Aerospace spin-off, partially offset by long-term debt repayments of $12,605 million, share repurchases of $1,000 million, and cash dividends of $781 million.
The company said it plans to complete the separation of the Aerospace business on June 29, 2026. It also said it expects to close the sale of Productivity Solutions and Services and Warehouse and Workflow Solutions, under agreements reached in April 2026, in two transactions in the second half of 2026.
The company said total borrowings were $36.7 billion as of March 31, 2026 ($34.6 billion as of December 31, 2025). It also said that on February 2, 2026, Moody's revised its credit rating outlook from stable to review for downgrade.
Key figures
Quarter ended March 31, 2026
- Revenue
- $9.1B
- Operating income
- $2.1B
- Net income
- $821M
- EPS
- $1.29
- Operating cash flow
- −$650M
From the XBRL financial data filed with the SEC · not processed by AI.
Summary
AI-writtenAnalysis scope · Management's discussion (MD&A)We analyzed the Management's Discussion and Analysis (MD&A) section. Other sections of the report, such as the notes to the financial statements and risk factors, were not reviewed.
Aerospace Technologies and Industrial Automation Sales Changes
Honeywell said Aerospace Technologies net sales rose $150 million, and segment margin was 26.5% (26.3% in the same period of the prior year). The company said Industrial Automation sales fell $176 million on the sale of its PPE business on May 21, 2025.
Source · Based on the MD&A text of the filing
Financing Cash Flow Breakdown
The company said net cash provided by financing activities in Q1 2026 came from pre-separation funding of $15,835 million related to the Aerospace spin-off, partially offset by long-term debt repayments of $12,605 million, share repurchases of $1,000 million, and cash dividends of $781 million.
Source · Based on the MD&A text of the filing
Spin-Off and Asset Sale Timeline
The company said it plans to complete the separation of the Aerospace business on June 29, 2026. It also said it expects to close the sale of Productivity Solutions and Services and Warehouse and Workflow Solutions, under agreements reached in April 2026, in two transactions in the second half of 2026.
Source · Based on the MD&A text of the filing
Total Borrowings and Credit Rating Outlook
The company said total borrowings were $36.7 billion as of March 31, 2026 ($34.6 billion as of December 31, 2025). It also said that on February 2, 2026, Moody's revised its credit rating outlook from stable to review for downgrade.
Source · Based on the MD&A text of the filing
AI summarized the filing and translated the summary into English; it may differ from the original. For reference only, not investment advice. AI translated the published Korean report into English. Figures are copied as filed, not recalculated.
Original filing
The filing as submitted to SEC EDGAR. You can check the figures and statements of this summary against it.
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