8-KCurrent report
Results of operations
✓ VerifiedHexcel Q2 2026 sales rose 8.0% to $529.3 million with adjusted diluted EPS of $0.66, and it raised full-year 2026 sales guidance to $2.025 billion to $2.125 billion and adjusted EPS to $2.30 to $2.40.
7.01 Reg FD disclosure8.01 Other events
Filed Jul 29, 2026 · 16:25 ET
Summary
- Q2 2026 net sales were $529.3 million, an increase of 8.0% over Q2 2025 sales of $489.9 million, with GAAP diluted EPS of $0.64 versus $0.17 and adjusted diluted EPS of $0.66 versus $0.50.
- Commercial Aerospace sales of $346.6 million increased 18.3%, led by the Airbus A350 and Boeing 787, while Defense, Space & Other sales of $182.7 million decreased 7.2%, reflecting the September 30, 2025 divestment of the Austrian-based industrial business.
- Q2 2026 gross margin was 26.1% compared to 22.8% a year earlier, and adjusted operating income was $73.6 million, or 13.9% of sales, versus $54.2 million, or 11.1%.
- Hexcel raised 2026 sales guidance to $2.025 billion to $2.125 billion, previously $2.0 billion to $2.1 billion, and adjusted diluted EPS to $2.30 to $2.40, previously $2.10 to $2.30, with free cash flow guidance unchanged at greater than $195 million.
- During Q2 2026 the Company issued $400 million of 4.9% unsecured senior notes due May 2031 and used the proceeds to redeem $400 million of 3.95% unsecured senior notes due February 2027.
- The Board declared a quarterly dividend of $0.18 per share payable August 17, 2026 to stockholders of record as of August 10, 2026, and no shares were repurchased in the quarter.
Key facts
- Q2 2026 net sales
- $529.3 million
From the filing for Q2 2026 net sales
“Sales in the second quarter of 2026 were $529.3 million compared to $489.9 million in the second quarter of 2025.”
- Q2 2026 GAAP diluted EPS
- $0.64
From the filing for Q2 2026 GAAP diluted EPS
“Q2 2026 GAAP diluted EPS of $0.64 compared to Q2 2025 GAAP diluted EPS of $0.17.”
- Q2 2026 adjusted diluted EPS
- $0.66
From the filing for Q2 2026 adjusted diluted EPS
“Q2 2026 adjusted diluted EPS of $0.66, compared to Q2 2025 adjusted diluted EPS of $0.50.”
- 2026 sales guidance
- $2.025 billion to $2.125 billion
From the filing for 2026 sales guidance
“FY 2026 sales guidance increased to $2.025 billion to $2.125 billion, previously $2.0 billion to $2.1 billion.”
- 2026 adjusted EPS guidance
- $2.30 to $2.40
From the filing for 2026 adjusted EPS guidance
“Adjusted EPS increased to $2.30 to $2.40, previously $2.10 to $2.30.”
- Commercial Aerospace sales
- $346.6 million
From the filing for Commercial Aerospace sales
“Commercial Aerospace sales of $346.6 million for the second quarter of 2026 increased 18.3% (18.8% in constant currency) compared to the second quarter of 2025.”
- Senior notes issued
- $400 million of 4.9% unsecured senior notes due in May 2031
From the filing for Senior notes issued
“the Company issued $400 million of 4.9% unsecured senior notes due in May 2031, using the proceeds to redeem the $400 million of 3.95% unsecured senior notes that were due in February 2027”
- Quarterly dividend
- $0.18 per share
From the filing for Quarterly dividend
“the Board of Directors declared a quarterly dividend of $0.18 per share payable to stockholders of record as of August 10, 2026, with a payment date of August 17, 2026”
Why it mattersHexcel reported higher commercial aerospace composite sales tied to rising Airbus A350 and Boeing 787 build rates and raised its 2026 revenue and earnings guidance. The Defense, Space & Other segment declined following the divestment of an Austrian industrial business.
- Filed
- Jul 29, 2026
- Accepted
- 2026-07-29 20:25Z
- Period
- Jul 29, 2026
- Accession no.
- 0001193125-26-323808
- Size
- 1.7 MB
- Index
- Filing index