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AI English summary of an SEC filing — figures as filed

Howmet Aerospace logoHowmet Aerospace HWM

Howmet Aerospace said Q2 2025 revenue was $2.05 billion, up 9% year over year, and net income was $407 million, or $1.00 per share, compared with Q2 2024 net income of $266 million, or $0.65 per share.

8-KResults of Operations and Financial ConditionFiled Period of report Summary published (UTC)

Key points

AI summary
  1. Howmet Aerospace said Q2 2025 revenue was $2.05 billion, up 9% year over year, and net income was $407 million, or $1.00 per share, compared with Q2 2024 net income of $266 million, or $0.65 per share.

  2. The company reported that in Q2 operating income was $521 million, up 31% year over year, operating income margin was 25.4%, and adjusted EBITDA excluding special items was $589 million with a margin of 28.7%.

  3. Howmet Aerospace said it repurchased $175 million of common stock at an average price of $142.36 per share in Q2, and paid down $76 million of its USD Term Loan, reducing annualized interest expense by approximately $4 million. The company repurchased an additional $100 million of common stock in July 2025.

Summary

AI-written

Analysis scope · Filing body and confirmed press-release exhibitWe analyzed the filing body and confirmed exhibits. This is not a review of other exhibits, investor presentations or the full earnings call. Some paragraphs were omitted because their support in the source could not be confirmed.

Q2 Revenue $2.05 billion, Net Income $407 million

Howmet Aerospace said Q2 2025 revenue was $2.05 billion, up 9% year over year, and net income was $407 million, or $1.00 per share, compared with Q2 2024 net income of $266 million, or $0.65 per share.

Source · Based on the filing body and exhibits

Q2 Operating Income Margin 25.4%, Adjusted EBITDA Margin 28.7%

The company reported that in Q2 operating income was $521 million, up 31% year over year, operating income margin was 25.4%, and adjusted EBITDA excluding special items was $589 million with a margin of 28.7%.

Source · Based on the filing body and exhibits

Share Repurchases $175 million and Term Loan Repayment $76 million

Howmet Aerospace said it repurchased $175 million of common stock at an average price of $142.36 per share in Q2, and paid down $76 million of its USD Term Loan, reducing annualized interest expense by approximately $4 million. The company repurchased an additional $100 million of common stock in July 2025.

Source · Based on the filing body and exhibits

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.

Source: SEC EDGAR (U.S. Securities and Exchange Commission). Item captions are the SEC's. The summary is for reference only and is not investment advice.