10-Q

Quarterly report

✓ VerifiedHexcel reported Q3 2026 net sales of $496.4 million, up 8.8%, with net income of $38.6 million and diluted EPS of $0.50, as Commercial Aerospace sales rose 20.5%.

Filed Oct 21, 2026 · 20:35 ET

Summary

Net sales for the third quarter of 2026 were $496.4 million, an 8.8% increase from $456.2 million, while nine-month sales reached $1,527.2 million, up 8.9%.
Commercial Aerospace sales rose 20.5% to $330.3 million in the quarter, led by the Airbus A350, Boeing 787, A320 and Boeing MAX, while Defense, Space & Other sales fell 8.7% to $166.1 million.
Net income for the quarter was $38.6 million with diluted EPS of $0.50, compared with $20.6 million and $0.26 in the prior year quarter.
During the second quarter of 2026 the Company issued $400 million of 4.9% Senior Unsecured Notes due 2031 and redeemed $400 million of 3.95% Senior Unsecured Notes due February 2027.
On October 21, 2026, the Board increased the share repurchase authorization under the 2025 Share Repurchase Plan from $380.6 million to $750 million and declared a quarterly dividend of $0.18 per share.
Total debt was $934.9 million at September 30, 2026, down from $993.0 million at December 31, 2025, with no major debt maturity until March 2031.

Key facts

Q3 net sales: $496.4 million
From the filing for Q3 net sales
“Net sales $ 496.4”
Q3 net income: $38.6 million
From the filing for Q3 net income
“Net income $ 38.6”
Q3 diluted EPS: $0.50
From the filing for Q3 diluted EPS
“Diluted net income per common share $ 0.50”
Commercial Aerospace Q3 sales: 330.3
From the filing for Commercial Aerospace Q3 sales
“Commercial Aerospace 330.3”
New notes issued: $400 million in aggregate principal amount of 4.9%
From the filing for New notes issued
“the Company issued $ 400 million in aggregate principal amount of 4.9 % Senior Unsecured Notes due in 2031”
Notes redeemed: $400 million in aggregate principal amount of 3.95%
From the filing for Notes redeemed
“the Company redeemed the $ 400 million in aggregate principal amount of 3.95 % Senior Unsecured Notes that were due in February 2027”
Repurchase authorization increase: $750 million
From the filing for Repurchase authorization increase
“approved an increase to the share repurchase authorization under the 2025 Share Repurchase Plan from the previous remaining authorized amount of $380.6 to $ 750 million”
Quarterly dividend: $0.18 per share
From the filing for Quarterly dividend
“declared a quarterly dividend of $0.18 per share payable to stockholders of record as of November 2, 2026”

Why it mattersThe quarterly results show Commercial Aerospace demand on Airbus and Boeing platforms offsetting weaker launcher and rocket motor sales in Defense, Space & Other. The $750 million repurchase authorization and refinancing to 2031 maturities reset Hexcel's capital return and debt profile.

Filed: Oct 21, 2026
Accepted: 2026-10-22 00:35Z
Period: Sep 30, 2026
Accession no.: 0001193125-26-427907
Size: 11.9 MB
Index: Filing index

Summary

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