$HONA · Honeywell Aerospace Inc.
Honeywell Aerospace reported Q3 FY2026 results: revenue of $4.644B (+2% YoY), GAAP EPS of $2.29, adjusted EPS of $2.21, and net income of $737M. The company raised its full-year pro forma standalone adjusted EPS guidance to $7.85-$8.00 and declared its inaugural quarterly dividend of $0.40 per share. The filing also disclosed a 300,000 sq ft Tempe, AZ manufacturing expansion and a $50M net benefit from IEEPA tariff refunds.
- Q3 net sales $4.644B, up 2% YoY on reported and organic basis
- GAAP EPS $2.29; adjusted EPS $2.21; net income $737M, up 13% YoY
- Backlog grew 12% YoY to $19.3B; trailing 12-month orders up 9%
- FY pro forma standalone adjusted EPS guidance raised to $7.85-$8.00 from $7.60-$7.90
- Board declared first-ever quarterly dividend of $0.40/share, payable December 4, 2026
Extended-hours trading at $181.93, up 2.77% vs regular close of $177.03. The market is rewarding the guidance raise, inaugural dividend declaration, and above-expectations results in HONA's first standalone quarter.
Honeywell Aerospace's first standalone earnings report delivers a guidance raise, a dividend initiation, and 12% backlog growth — signaling confidence in its post-spin trajectory despite supply-chain headwinds.
Honeywell Aerospace's first standalone quarter post-spin from Honeywell International (HON) shows the pure-play aerospace supplier navigating supply-chain bottlenecks while benefiting from strong commercial aftermarket and defense demand — a dynamic shared across the sector.
Supply chain constraints from a small number of mechanical suppliers continue to limit output growth. Tariff refunds provided a ~$50M net benefit to adjusted EBIT; future tariff impacts remain uncertain. Standalone public company costs are incremental and ongoing.