HII Q1 revenue rises 13.4% to $3.1 billion; net earnings flat at $149 million
HII reported first quarter 2026 revenue of $3.1 billion, up 13.4% from a year earlier, while net earnings of $149 million and diluted EPS of $3.79 were unchanged. Operating income fell 3.7% to $155 million, and the company reaffirmed its previously issued FY26 financial guidance. Shareholders get higher sales but flat profit, with the full-year outlook unchanged.
Key points
- Revenue of $3.1 billion, up 13.4% from the first quarter of 2025
- Net earnings of $149 million and diluted EPS of $3.79, both flat year over year
- Operating income of $155 million, down from $161 million; operating margin 5.0% versus 5.9%
- Company reaffirmed FY26 guidance, including FY26 free cash flow of $500 million to $600 million
The filing
Written by AI on Nov 8, 2026, 12:56 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on May 05, 2026.
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.