8-KCurrent report
Results of operations
✓ VerifiedHexcel reported Q3 2026 sales of $496 million, up 8.8% year-over-year, with GAAP diluted EPS of $0.50, and raised its share repurchase authorization to $750 million from $380.6 million.
7.01 Reg FD disclosure8.01 Other events
Filed Oct 21, 2026 · 20:25 ET
Summary
- Q3 2026 net sales were $496.4 million, an 8.8% increase (9.2% in constant currency) from $456.2 million in Q3 2025.
- Q3 2026 GAAP diluted EPS was $0.50 and adjusted diluted EPS was $0.50, compared to GAAP $0.26 and adjusted $0.37 in Q3 2025.
- Commercial Aerospace sales of $330.3 million rose 20.5%, while Defense, Space & Other sales of $166.1 million fell 8.7% on temporary softness in F-35, an international fighter program, launchers and rocket motors, plus prior divestitures.
- The Board increased the share repurchase authorization to $750 million from the remaining $380.6 million, and declared a quarterly dividend of $0.18 per share payable November 9, 2026.
- Hexcel reaffirmed 2026 guidance of sales of $2.025 billion to $2.125 billion and adjusted diluted EPS of $2.30 to $2.40.
- Total debt, net of cash, was $857.1 million at September 30, 2026, down from $922.0 million at December 31, 2025.
Key facts
- Q3 2026 net sales
- $496.4
From the filing for Q3 2026 net sales
“Net Sales $496.4 $456.2 8.8 %”
- Q3 2026 GAAP diluted EPS
- $0.50
From the filing for Q3 2026 GAAP diluted EPS
“Q3 2026 GAAP diluted EPS of $0.50 compared to Q3 2025 GAAP diluted EPS of $0.26.”
- Q3 2026 adjusted diluted EPS
- $0.50
From the filing for Q3 2026 adjusted diluted EPS
“Q3 2026 adjusted diluted EPS of $0.50, compared to Q3 2025 adjusted diluted EPS of $0.37.”
- Commercial Aerospace Q3 sales
- $330.3 million
From the filing for Commercial Aerospace Q3 sales
“Commercial Aerospace sales of $330.3 million for the third quarter of 2026 increased 20.5% (21.0% in constant currency)”
- Defense, Space & Other Q3 sales
- $166.1 million
From the filing for Defense, Space & Other Q3 sales
“Defense, Space & Other sales of $166.1 million in the third quarter of 2026 decreased 8.7% (8.6% in constant currency)”
- Share repurchase authorization
- $750 million
From the filing for Share repurchase authorization
“the Board of Directors increased the share repurchase authorization to $750 million from $381 million”
- 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 November 2, 2026, with a payment date of November 9, 2026”
- 2026 guidance
- $2.025 billion to $2.125 billion
From the filing for 2026 guidance
“Sales of $2.025 billion to $2.125 billion”
Why it mattersThe results show commercial aerospace recovery driving Hexcel's composites demand while fighter and space programs including F-35, launchers and rocket motors softened. The larger buyback authorization and reaffirmed guidance set capital allocation and output expectations for 2026.
- Filed
- Oct 21, 2026
- Accepted
- 2026-10-22 00:25Z
- Period
- Oct 21, 2026
- Accession no.
- 0001193125-26-427875
- Size
- 1.5 MB
- Index
- Filing index