The financials
Hexcel Corporation by the numbers
Hexcel Corporation (HXL) reported revenue of $502M in Q1 2026 (quarter ended Mar 31, 2026), up 9.9% from the same quarter a year earlier. That came with a gross margin of 27% and net income of $37M (7.4% of revenue). For the full year FY2025, revenue was $1.89B (−0.5% year on year) and net income $109M. Its largest product in Jun 2026 was Commercial Aerospace Market Applications at $347M, 65% of the disclosed total, well ahead of Space And Defense Market Applications at 35%.
| Income statement | Q1 2026 | Q1 2025 | Change |
|---|---|---|---|
| Revenue | $502M | $457M | +9.9% |
| Gross profit | $135M | $102M | +32% |
| Operating income | $58M | $44M | +30% |
| Net income | $37M | $29M | +29% |
| Diluted EPS | $0.49 | $0.35 | +40% |
| Product | Revenue | Share |
|---|---|---|
| Commercial Aerospace Market Applications | $347M | 65% |
| Space And Defense Market Applications | $183M | 35% |
Business Segments
Revenue split by product segment, from SEC XBRL filings.
Latest period: Jun 2026Total $529.3M (+5.5%)
Commercial Aerospace Market Applications grew +18% year on yearSpace And Defense Market Applications -7.2% year on year
Segment Latestquarter on quarteryear on year
- Commercial Aerospace Market Applications$346.6M$346.6MQoQ -year on year +18%-+18%
- Space And Defense Market Applications$182.7M$182.7MQoQ +8.2%year on year -7.2%+8.2%-7.2%
Aerospace & Defense
Ranks #29 of 33 by Smart Score