Howmet Aerospace Q1 revenue rises 19% to $2.31 billion; full-year 2026 guidance raised
Howmet Aerospace reported first-quarter 2026 revenue of $2.31 billion, up 19% from a year earlier, with GAAP EPS of $1.44 (versus $0.84) and adjusted EPS of $1.22 (up 42%). The company raised its full-year 2026 baseline guidance, including revenue of $9,650 million (a $550 million increase) and adjusted EPS of $4.94 (a $0.49 increase), after closing the $1.8 billion CAM acquisition in April. GAAP results include a $93 million pre-tax gain from the sale of a Savannah, GA disk forging facility.
Key points
- Q1 2026 revenue of $2.31 billion, up 19%; adjusted EBITDA of $740 million, up 32%
- GAAP EPS of $1.44 versus $0.84 a year earlier; adjusted EPS of $1.22 versus $0.86
- FY 2026 baseline guidance: revenue $9,650 million (+$550 million), adjusted EPS $4.94 (+$0.49)
- Repurchased $300 million of common stock in Q1 2026 and an additional $150 million in April 2026
The filing
Written by AI on Nov 8, 2026, 1:21 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 07, 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.