Howmet said sales for Q2 2025 were $2,053, compared to $1,880 in the prior-year quarter, an increase of $173 or 9%, and net income was $407, or $1.00 per diluted share, compared to $266, or $0.65 per diluted share, in the prior-year quarter.

10-QQuarterly reportFiled Jul 31, 2025Period of report Jun 30, 2025Summary published (UTC) Oct 10, 2026

Key points

AI summary

Howmet said sales for Q2 2025 were $2,053, compared to $1,880 in the prior-year quarter, an increase of $173 or 9%, and net income was $407, or $1.00 per diluted share, compared to $266, or $0.65 per diluted share, in the prior-year quarter.
The company said third-party sales for the Engine Products segment in Q2 increased $123, or 13%, and Segment Adjusted EBITDA increased $57, or 20%. It added that the segment absorbed approximately 360 net headcount in Q2.
Howmet said cash provided from operations for the 6 months ended 2025 was $699, compared to $574 in the prior-year period, an increase of $125 or 22%, and cash used for investing activities was $212, compared to $129 in the prior-year period. The company cited increased capital expenditures of $84, primarily for Engine Products expansion projects, as a factor in the increase in investing activities.
Howmet said the tax rate including discrete items for Q2 2025 was 13.2%, compared to 20.4% in the prior-year quarter, and a discrete net tax benefit of $35 was recorded. Interest expense, net for Q2 was $38, a decrease of $11, or 22%, from $49 in the prior-year quarter.

Key figures

Quarter ended June 30, 2025

Revenue: $2.1B
Operating income: $521M
Net income: $407M
EPS: $1.00

From the XBRL financial data filed with the SEC · not processed by AI.

Summary

AI-written

Analysis 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.

Q2 2025 Sales and Net Income

Howmet said sales for Q2 2025 were $2,053, compared to $1,880 in the prior-year quarter, an increase of $173 or 9%, and net income was $407, or $1.00 per diluted share, compared to $266, or $0.65 per diluted share, in the prior-year quarter.

Source · Based on the MD&A text of the filing

Engine Products Segment Results

The company said third-party sales for the Engine Products segment in Q2 increased $123, or 13%, and Segment Adjusted EBITDA increased $57, or 20%. It added that the segment absorbed approximately 360 net headcount in Q2.

Source · Based on the MD&A text of the filing

6-Month Operating Cash Flow and Investing Activities

Howmet said cash provided from operations for the 6 months ended 2025 was $699, compared to $574 in the prior-year period, an increase of $125 or 22%, and cash used for investing activities was $212, compared to $129 in the prior-year period. The company cited increased capital expenditures of $84, primarily for Engine Products expansion projects, as a factor in the increase in investing activities.

Source · Based on the MD&A text of the filing

Tax Rate and Interest Expense

Howmet said the tax rate including discrete items for Q2 2025 was 13.2%, compared to 20.4% in the prior-year quarter, and a discrete net tax benefit of $35 was recorded. Interest expense, net for Q2 was $38, a decrease of $11, or 22%, from $49 in the prior-year quarter.

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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