Huntington Ingalls Industries, Inc. (HII) Income Statement
HII 2025 at a glance
Fiscal year ended December 31, 2025 · U.S. dollarsHII revenue and net income
Where HII's revenue goes
2025Each bar shows an amount and its share of revenue. HII kept 4.8% of revenue as net income.
HII profit margins
HII growth rates
to 2025| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Revenue | +8.2% | +5.4% | +5.9% | +5.9% |
| Gross profit | +9.3% | +3.2% | −1.0% | +0.5% |
| Operating income | +13.6% | +2.5% | −4.5% | −3.9% |
| Net income | +10.0% | +1.5% | −2.8% | +4.1% |
| EPS (diluted) | +10.1% | +2.1% | −2.1% | +5.8% |
1-year change and average annual growth (CAGR) over 3, 5 and 10 fiscal years. "—" when a starting value was zero or negative.
HII quarterly EPS vs estimates
Huntington Ingalls beat the analyst EPS estimate in 7 of the last 8 quarters. Next report: October 29, 2026 (estimate $4.45).
HII income statement
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $12.48B | $11.54B | $11.45B | $10.68B | $9.52B | $9.36B | $8.90B | $8.18B | $7.44B | $7.07B |
| Cost of revenue | $10.90B | $10.09B | $9.81B | $9.24B | $8.16B | $7.69B | $7.37B | $6.38B | $6.02B | $5.61B |
| Gross profit | $1.58B | $1.45B | $1.65B | $1.44B | $1.37B | $1.67B | $1.53B | $1.79B | $1.42B | $1.46B |
| Research & development | — | $27.0M | $35.0M | $40.0M | $34.0M | $31.0M | $23.0M | $25.0M | $17.0M | $19.0M |
| Sales, general & admin | $977.0M | $973.0M | $1.02B | $924.0M | $898.0M | $904.0M | $788.0M | $871.0M | $570.0M | $623.0M |
| Total operating expenses | $977.0M | $915.0M | $865.0M | $875.0M | $855.0M | $904.0M | $788.0M | $871.0M | $759.0M | $623.0M |
| Operating income | $608.0M | $535.0M | $781.0M | $565.0M | $513.0M | $766.0M | $743.0M | $920.0M | $869.0M | $837.0M |
| Interest income | $105.0M | $95.0M | $95.0M | $102.0M | $89.0M | $114.0M | $70.0M | $58.0M | $94.0M | $74.0M |
| Interest expense | $105.0M | $95.0M | $95.0M | $102.0M | $89.0M | $114.0M | $70.0M | $58.0M | $94.0M | $74.0M |
| Income before taxes | $777.0M | $643.0M | $853.0M | $719.0M | $622.0M | $810.0M | $683.0M | $971.0M | $772.0M | $784.0M |
| Income taxes | $172.0M | $93.0M | $172.0M | $140.0M | $78.0M | $114.0M | $134.0M | $135.0M | $293.0M | $211.0M |
| Net income | $605.0M | $550.0M | $681.0M | $579.0M | $544.0M | $696.0M | $549.0M | $836.0M | $479.0M | $573.0M |
| EBITDA | $1.21B | $1.06B | $1.29B | $1.18B | $1.00B | $1.15B | $980.0M | $1.23B | $1.05B | $1.04B |
| EPS (diluted) | $15.37 | $13.96 | $17.10 | $14.45 | $13.37 | $17.13 | $14.02 | $19.11 | $12.15 | $11.76 |
| Gross margin | 12.7% | 12.6% | 14.4% | 13.5% | 14.4% | 17.8% | 17.2% | 21.9% | 19.1% | 20.7% |
| Operating margin | 4.9% | 4.6% | 6.8% | 5.3% | 5.4% | 8.2% | 8.3% | 11.3% | 11.7% | 11.8% |
| Net margin | 4.8% | 4.8% | 5.9% | 5.4% | 5.7% | 7.4% | 6.2% | 10.2% | 6.4% | 8.1% |
| Jun '26 | Mar '26 | Dec '25 | Sep '25 | Jun '25 | Mar '25 | Dec '24 | Sep '24 | Jun '24 | Mar '24 | Dec '23 | Sep '23 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $3.42B | $3.10B | $3.48B | $3.19B | $3.08B | $2.73B | $3.00B | $2.75B | $2.98B | $2.81B | $3.18B | $2.82B |
| Cost of revenue | $2.97B | $2.69B | $3.07B | $2.80B | $2.69B | $2.34B | $2.68B | $2.43B | $2.54B | $2.43B | $2.69B | $2.40B |
| Gross profit | $452.0M | $408.0M | $402.0M | $394.0M | $395.0M | $394.0M | $321.0M | $322.0M | $432.0M | $375.0M | $491.0M | $416.0M |
| Research & development | — | — | — | — | — | — | $27.0M | — | — | — | $35.0M | — |
| Sales, general & admin | $242.0M | $258.0M | $245.0M | $245.0M | $241.0M | $246.0M | $234.0M | $252.0M | $255.0M | $232.0M | $311.0M | $253.0M |
| Total operating expenses | $242.0M | $253.0M | $245.0M | $233.0M | $241.0M | $233.0M | $211.0M | $240.0M | $243.0M | $221.0M | $179.0M | $244.0M |
| Operating income | $210.0M | $155.0M | $157.0M | $161.0M | $154.0M | $161.0M | $110.0M | $82.0M | $189.0M | $154.0M | $312.0M | $172.0M |
| Interest income | — | — | $26.0M | $23.0M | $28.0M | $28.0M | $27.0M | $23.0M | — | — | — | $22.0M |
| Interest expense | $27.0M | $22.0M | $26.0M | $23.0M | $28.0M | $28.0M | $27.0M | $23.0M | $24.0M | $21.0M | $25.0M | $22.0M |
| Income before taxes | $254.0M | $188.0M | $198.0M | $204.0M | $188.0M | $187.0M | $131.0M | $112.0M | $216.0M | $184.0M | $332.0M | $189.0M |
| Income taxes | $46.0M | $39.0M | $39.0M | $59.0M | $36.0M | $38.0M | $8.0M | $11.0M | $43.0M | $31.0M | $58.0M | $41.0M |
| Net income | $208.0M | $149.0M | $159.0M | $145.0M | $152.0M | $149.0M | $123.0M | $101.0M | $173.0M | $153.0M | $274.0M | $148.0M |
| EBITDA | $210.0M | $286.0M | $311.0M | $307.0M | $299.0M | $294.0M | $242.0M | $217.0M | $320.0M | $285.0M | $445.0M | $296.0M |
| EPS (diluted) | $5.27 | $3.79 | $4.04 | $3.68 | $3.86 | $3.79 | $3.15 | $2.56 | $4.38 | $3.87 | $6.90 | $3.70 |
| Gross margin | 13.2% | 13.2% | 11.6% | 12.3% | 12.8% | 14.4% | 10.7% | 11.7% | 14.5% | 13.4% | 15.5% | 14.8% |
| Operating margin | 6.1% | 5.0% | 4.5% | 5.0% | 5.0% | 5.9% | 3.7% | 3.0% | 6.3% | 5.5% | 9.8% | 6.1% |
| Net margin | 6.1% | 4.8% | 4.6% | 4.5% | 4.9% | 5.4% | 4.1% | 3.7% | 5.8% | 5.5% | 8.6% | 5.3% |
Quarterly columns are labeled by the month the quarter ended. Figures in U.S. dollars as reported in HII's financial statements (latest annual report filed February 5, 2026); data from EODHD. Sales, general & administrative expenses include sales and marketing.
HII financial results
In fiscal year 2025 (ended December 31, 2025), Huntington Ingalls reported revenue of $12.5 billion, up 8.2% from the year before. It had net income of $605.0 million (up 10.0%), a net profit margin of 4.8%. Diluted earnings per share came to $15.37. Over five years revenue grew at an average rate of 5.9% a year.
See the HII stock overview for the latest quote and news, or the HII chart for price history and technical indicators.
HII income statement FAQ
What is Huntington Ingalls's annual revenue?
Huntington Ingalls reported total revenue of $12.5 billion for fiscal year 2025, which ended on December 31, 2025. That was up 8.2% from $11.5 billion the previous year.
Is Huntington Ingalls profitable?
Yes. Huntington Ingalls reported net income of $605.0 million in fiscal 2025, a net profit margin of 4.8%; its operating margin was 4.9%.
What is Huntington Ingalls's gross margin?
Huntington Ingalls's gross margin was 12.7% in fiscal 2025: for every $100 of revenue, Huntington Ingalls kept $13 after the direct cost of its products and services.
How fast is Huntington Ingalls growing?
Revenue grew 5.9% a year on average over the last five fiscal years, from $9.4 billion to $12.5 billion.
What are Huntington Ingalls's earnings per share?
Huntington Ingalls earned $15.37 per diluted share in fiscal 2025, compared with $13.96 a year earlier.
When will Huntington Ingalls report its next earnings?
Huntington Ingalls is expected to report results for the quarter ending September 30, 2026 on October 29, 2026 before the market opens.
When does Huntington Ingalls's fiscal year end?
Huntington Ingalls's fiscal year ends in December. The latest annual report covers the year ended December 31, 2025 and was filed on February 5, 2026.