AI English summary of an SEC filing — figures as filed
Howmet Aerospace said Sales for Q3 2026 rose to $2,703 from $2,089 for Q3 2025, an increase of $614, or 29%. The company cited growth in the commercial and defense aerospace, gas turbines and commercial transportation markets, growth in engine spares, pricing, and sales from the CAM and Brunner acquisitions as factors.
Key points
AI summaryHowmet Aerospace said Sales for Q3 2026 rose to $2,703 from $2,089 for Q3 2025, an increase of $614, or 29%. The company cited growth in the commercial and defense aerospace, gas turbines and commercial transportation markets, growth in engine spares, pricing, and sales from the CAM and Brunner acquisitions as factors.
The company said Net income for Q3 2026 was $567, or $1.42 per diluted share, up $182 from $385, or $0.95 per share, for Q3 2025. It cited growth in the commercial and defense aerospace, gas turbines and commercial transportation markets, growth in engine spares, pricing, and the effects of the CAM and Brunner acquisitions as factors.
The company said operating cash flow for the 9 months ended September 30, 2026 was $1,745, compared with $1,230 a year earlier, an increase of $515. Cash used for investing activities was $2,046. The company cited net cash used for the CAM and Brunner acquisitions, net of cash acquired, of $1,929 as a factor in the investing activities increase.
The company said interest expense, net rose to $48 in Q3 2026 from $37 a year earlier, an increase of $11. It cited the March issuance of $1,200 notes with interest rates ranging from 3.750% to 4.750% in March 2026 as a factor. It said the current year's long-term debt actions are expected to increase interest expense, net by approximately $38 on an annual basis.
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.
Q3 2026 Sales of $2,703, up 29% from a year earlier
Howmet Aerospace said Sales for Q3 2026 rose to $2,703 from $2,089 for Q3 2025, an increase of $614, or 29%. The company cited growth in the commercial and defense aerospace, gas turbines and commercial transportation markets, growth in engine spares, pricing, and sales from the CAM and Brunner acquisitions as factors.
Source · Based on the MD&A text of the filing
Q3 2026 Net income of $567, or $1.42 per diluted share
The company said Net income for Q3 2026 was $567, or $1.42 per diluted share, up $182 from $385, or $0.95 per share, for Q3 2025. It cited growth in the commercial and defense aerospace, gas turbines and commercial transportation markets, growth in engine spares, pricing, and the effects of the CAM and Brunner acquisitions as factors.
Source · Based on the MD&A text of the filing
Nine-Month Operating Cash Flow $1,745, Investing Cash Used $2,046
The company said operating cash flow for the 9 months ended September 30, 2026 was $1,745, compared with $1,230 a year earlier, an increase of $515. Cash used for investing activities was $2,046. The company cited net cash used for the CAM and Brunner acquisitions, net of cash acquired, of $1,929 as a factor in the investing activities increase.
Source · Based on the MD&A text of the filing
Howmet prices $1,200 in notes in March 2026 and interest expense rises
The company said interest expense, net rose to $48 in Q3 2026 from $37 a year earlier, an increase of $11. It cited the March issuance of $1,200 notes with interest rates ranging from 3.750% to 4.750% in March 2026 as a factor. It said the current year's long-term debt actions are expected to increase interest expense, net by approximately $38 on an annual basis.
Source · Based on the MD&A text of the filing
Structured SEC financial data for this filing is not available yet. Please check the figures in the SEC 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.
Loading the filing text…