---
schema_version: "secwatch.filing_event.v1"
accession: "0001501585-23-000014"
form_type: "8-K"
ticker: "HII"
cik: "0001501585"
company_name: "HUNTINGTON INGALLS INDUSTRIES, INC."
filed_at: "2023-05-04T23:59:59+00:00"
generated_at: "2026-06-15T21:41:06.461302+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# HII Q1 revenue $2.7B (+3.8% YoY); EPS $3.23 vs $3.50; backlog $47B; reaffirms FY23 guidance

## Summary
- Revenue $2.7B, up 3.8% YoY; net earnings $129M ($3.23 diluted EPS).
- Segment operating income $156M (5.8% margin), down from $176M (6.8%) on lower risk retirement at Ingalls.
- Free cash flow negative $49M vs negative $126M a year ago; net cash used in ops $9M.
- Backlog $47B; new awards $2.6B including $1.3B contract for amphibious transport dock LPD 32.
- Company reaffirms FY23 guidance expectations.

## SEC filing metadata
- accession: 0001501585-23-000014
- form_type: 8-K
- ticker: HII
- cik: 0001501585
- company_name: HUNTINGTON INGALLS INDUSTRIES, INC.
- filed_at: 2023-05-04T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1501585/000150158523000014/0001501585-23-000014-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1501585/000150158523000014/hii-20230504.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001501585-23-000014
- JSON: https://secwatch.observer/filing/0001501585-23-000014.json
- Plain text: https://secwatch.observer/filing/0001501585-23-000014.txt

## Key facts
- Earnings Releases
  HUNTINGTON INGALLS INDUSTRIES, INC. reported first quarter 2023 results: revenue $2.7 billion, net income $129 million, EPS $3.23 diluted earnings per share. Guidance reaffirmed.
  - Period: first quarter 2023
  - Revenue: $2.7 billion
  - Net income: $129 million
  - EPS: $3.23 diluted earnings per share
  - Guidance: reaffirmed
  - Result: reported results
  source text: • Record first quarter revenues of $2.7 billion, up 3.8% compared to first quarter 2022 • Net earnings of $129 million or $3.23 diluted earnings per share • Awarded $1.3 billion contract for amphibious transport dock LPD 32 • Company reaffirms FY23 guidance expectations
  evidence_url: https://www.sec.gov/Archives/edgar/data/1501585/000150158523000014/0001501585-23-000014-index.htm

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