---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-26-170559"
form_type: "8-K"
ticker: "HXL"
cik: "0000717605"
company_name: "HEXCEL CORP /DE/"
filed_at: "2026-04-22T23:59:59+00:00"
generated_at: "2026-05-15T04:58:14.907630+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Hexcel Q1 adj EPS $0.59 beats $0.37; sales up 9.9%; maintains FY guidance

## Summary
- GAAP diluted EPS $0.49 vs $0.35; adjusted diluted EPS $0.59 vs $0.37
- Sales $501.5M, +9.9% YoY (constant currency +8.8%); Commercial Aerospace +18.8%, Defense down 4.3%
- Adjusted operating margin 13.5% vs 9.9% YoY; gross margin 26.9% vs 22.4%
- FY 2026 guidance reaffirmed: sales $2.0-2.1B, adj EPS $2.10-2.30, FCF >$195M
- Declared $0.18/share dividend; refinanced $750M revolver to 2031

## SEC filing metadata
- accession: 0001193125-26-170559
- form_type: 8-K
- ticker: HXL
- cik: 0000717605
- company_name: HEXCEL CORP /DE/
- filed_at: 2026-04-22T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 7.01, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/717605/000119312526170559/0001193125-26-170559-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/717605/000119312526170559/hxl-20260422.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-26-170559
- JSON: https://secwatch.observer/filing/0001193125-26-170559.json
- Plain text: https://secwatch.observer/filing/0001193125-26-170559.txt

## Key facts
- Earnings Releases
  HEXCEL CORP /DE/ reported 2026 results: revenue $2.0 billion to $2.1 billion, EPS $2.10 to $2.30. Guidance reaffirmed.
  - Period: 2026
  - Revenue: $2.0 billion to $2.1 billion
  - EPS: $2.10 to $2.30
  - Guidance: reaffirmed
  - Result: guidance update
  source text: 2026 Guidance- Unchanged • Sales of $2.0 billion to $2.1 billion • Adjusted diluted earnings per share of $2.10 to $2.30
  evidence_url: https://www.sec.gov/Archives/edgar/data/717605/000119312526170559/0001193125-26-170559-index.htm
- Earnings Releases
  HEXCEL CORP /DE/ reported full year 2026 results: EPS $2.10 to $2.30. Guidance reaffirmed.
  - Period: full year 2026
  - EPS: $2.10 to $2.30
  - Guidance: reaffirmed
  - Result: guidance update
  source text: We remain confident in our growth outlook and we are reaffirming our full year 2026 guidance despite geopolitical uncertainty in the Middle East and lingering commercial aerospace supply chain challenges.
  evidence_url: https://www.sec.gov/Archives/edgar/data/717605/000119312526170559/0001193125-26-170559-index.htm
- Earnings Releases
  HEXCEL CORP /DE/ reported Q1 2026 results: EPS $0.59.
  - Period: Q1 2026
  - EPS: $0.59
  - Result: reported results
  source text: Q1 2026 GAAP diluted EPS of $0.49 compared to Q1 2025 GAAP diluted EPS of $0.35.
  evidence_url: https://www.sec.gov/Archives/edgar/data/717605/000119312526170559/0001193125-26-170559-index.htm
- Earnings Releases
  HEXCEL CORP /DE/ reported Q1 2026 results: EPS $0.59.
  - Period: Q1 2026
  - EPS: $0.59
  - Result: reported results
  source text: Q1 2026 adjusted diluted EPS of $0.59 compared to Q1 2025 adjusted diluted EPS of $0.37
  evidence_url: https://www.sec.gov/Archives/edgar/data/717605/000119312526170559/0001193125-26-170559-index.htm
- Earnings Releases
  HEXCEL CORP /DE/ reported fiscal quarter ended March 31, 2026 results: revenue $501.5 million, net income $37.2 million, EPS $0.49.
  - Period: fiscal quarter ended March 31, 2026
  - Revenue: $501.5 million
  - Net income: $37.2 million
  - EPS: $0.49
  - Result: reported results
  source text: EPS of $0.49 compared to Q1 2025 GAAP diluted EPS of $0.35. • Q1 2026 adjusted diluted EPS of $0.59 compared to Q1 2025 adjusted diluted EPS of $0.37 • Q1 2026 Sales were $502 million, an increase of 9.9% compared to Q1 2025 sales of $457 million. • Refinanced the $750 million syndicated Revolver and extended maturity to 2031 • 2026 guidance unchanged See
  evidence_url: https://www.sec.gov/Archives/edgar/data/717605/000119312526170559/0001193125-26-170559-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.