earnings
confidence high
sentiment positive
materiality 0.75
HII Q2 revenue up 10.9% to $3.4B, EPS $5.27; raises FY26 shipbuilding revenue guidance
HUNTINGTON INGALLS INDUSTRIES, INC.
- Q2 revenues $3.4B (+10.9% YoY); net earnings $208M ($5.27 diluted EPS) vs $152M ($3.86) YoY.
- Segment operating margin improved to 6.6% from 5.6%; operating income $224M.
- Free cash flow negative $150M vs positive $730M YoY; net cash used in operations $31M.
- New contract awards $6.7B; total backlog $57.3B as of June 30, 2026.
- Raises FY26 shipbuilding revenue guidance to $10.2-10.4B; raises low end of shipbuilding margin guidance.