Howmet Aerospace Reports Q3 2026 Results, Raises Guidance, and Expands Share Buybacks
Howmet Aerospace Inc. reported third quarter 2026 revenue of $2.7 billion and GAAP EPS of $1.42, driven by strong growth across commercial aerospace, defense, and gas turbine markets. The company increased its full-year 2026 financial guidance and expanded its share repurchase authorization by $5 billion, reflecting robust cash generation.
Key points
- Revenue increased 29% year over year to $2.703 billion, with organic growth of 25%.
- GAAP EPS rose 49% to $1.42, and Adjusted EPS increased 54% to $1.46.
- The Board of Directors authorized a $5 billion increase to the share repurchase program on October 28, 2026.
- Full-year 2026 guidance was increased, and initial 2027 revenue is projected at approximately $11.5 billion.
The filing
Written by AI (Google Gemini, gemini-3.5-flash-lite) on Oct 29, 2026, 8:17 AM ET, from the text of the filing and its press-release exhibits only.
Briefs are written by AI from the filing text (each brief's own page names the model) and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the model's reading of the filing for shareholders, not a price forecast. Not investment advice.