Huntington Ingalls Q3 revenue rises 10.8% to $3.5 billion; net earnings $217 million
Huntington Ingalls reported third-quarter 2026 net earnings of $217 million, or $5.48 per diluted share, up from $145 million, or $3.68, a year earlier, on revenue of $3.5 billion, up 10.8%. The company raised its fiscal 2026 shipbuilding revenue guidance to $10.5 billion to $10.7 billion from $10.2 billion to $10.4 billion, and reaffirmed its shipbuilding operating margin and free cash flow outlook. Shareholders see higher earnings and a higher revenue outlook, though free cash flow for the first nine months of 2026 was negative $182 million.
Key points
- Third-quarter net earnings $217 million ($5.48 diluted EPS) vs. $145 million ($3.68) in Q3 2025
- Shipbuilding revenue guidance raised to $10.5 billion-$10.7 billion from $10.2 billion-$10.4 billion
- Shipbuilding operating margin guidance of 6.0%-6.5% and FY26 free cash flow guidance of $500 million-$600 million reaffirmed
- Q3 free cash flow $429 million; nine-month free cash flow negative $182 million
The filing
Written by AI on Nov 7, 2026, 11:17 PM ET, from this filing only.
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.