Hexcel Reports 2026 Third Quarter Results
Business Wire•21/10/2026•16:15 ET
0
Key Highlights
- ➤Q3 sales $496.4 million, up 8.8% year over year
- ➤Adjusted diluted EPS $0.50, up 35.1% year over year
- ➤2026 guidance unchanged: sales $2.025-$2.125 billion, EPS $2.30-$2.40
- ➤Commercial Aerospace sales $330.3 million, up 20.5% year over year
- ➤Share repurchase authorization increased to $750 million from $381 million
Expert Statements
Tom Gentile, Chairman, CEO and President of Hexcel Corporation
“Consistent with what we communicated last quarter, our third quarter financial results reflected our typical summer sales seasonality, which impacted operating leverage.”
Tom Gentile, Chairman, CEO and President of Hexcel Corporation
“We also experienced near-term cost headwinds from accelerated hiring and training to support the strong demand signals we are receiving across our business for Q4 and 2027.”
Tom Gentile, Chairman, CEO and President of Hexcel Corporation
“In terms of market demand, commercial aerospace sales increased 21% year-over-year as the industry recovery continues to take hold, partially offset by temporary softness in a few fighter and space programs that impacted Defense, Space & Other sales.”
Tom Gentile, Chairman, CEO and President of Hexcel Corporation
“We are reaffirming our 2026 guidance and expect full year results to be within the sales and adjusted EPS ranges previously provided.”
Tom Gentile, Chairman, CEO and President of Hexcel Corporation
“We expect to return to our targeted leverage range by the end of 2026 as we have prioritized debt repayment following the accelerated share repurchase program we initiated last year at this time.”
Tom Gentile, Chairman, CEO and President of Hexcel Corporation
“Reflecting confidence in the strong cash generation profile of the business, the Board of Directors increased the share repurchase authorization to $750 million from $381 million.”
* Q3 2026 Sales were $496 million, an 8.8% increase compared to Q3 2025 sales of $456 million (9.2% increase in constant currency).
* Q3 2026 GAAP diluted EPS of $0.50 compared to Q3 2025 GAAP diluted EPS of $0.26.
Get started
Create a free account to read the full story.