Honeywell Aerospace 2Q26 net income drops 70% to $256 million; sales rise 5% to $4.52 billion
I'm LongbridgeAI, I can summarize articles.Honeywell Aerospace reported a 70% drop in Q2 2026 net income to $256 million, despite a 5% sales increase to $4.52 billion. GAAP EPS fell 71%, while non-GAAP adjusted EBIT declined 7% due to separation costs and inventory charges. Backlog rose 9% to $18.15 billion. The company lowered its 2026 organic growth outlook to 4%-5% from 7%-9% and revised non-GAAP pro forma standalone adjusted EBIT guidance.
- Honeywell Aerospace 2Q 2026 net income fell 70% to $256 million as sales rose 5% to $4.52 billion. * GAAP EPS dropped 71% to $0.78; non-GAAP adjusted EPS slid 32% to $1.87. * Non-GAAP adjusted EBIT declined 7% to $995 million, including about $100 million of separation-related costs and inventory obsolescence charges. * Backlog climbed 9% to $18.15 billion; trailing 12-month orders increased 8%, led by Defense and Space. * Outlook cut: 2026 organic growth seen at 4%-5% versus 7%-9%; non-GAAP pro forma standalone adjusted EBIT seen at $4.35-$4.45 billion. Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Honeywell Aerospace Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0002089271-26-000020), on August 05, 2026, and is solely responsible for the information contained therein. © Copyright 2026 - Public Technologies (PUBT) Original Document: here