Honeywell Aerospace Inc. (HONA) Income Statement
HONA 2025 at a glance
Fiscal year ended December 31, 2025 · U.S. dollarsHONA revenue and net income
Where HONA's revenue goes
2025Each bar shows an amount and its share of revenue. HONA kept 10.2% of revenue as net income.
HONA profit margins
HONA growth rates
to 2025| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Revenue | +12.7% | — | — | — |
| Gross profit | +10.2% | — | — | — |
| Operating income | −7.2% | — | — | — |
| Net income | −36.8% | — | — | — |
| EPS (diluted) | — | — | — | — |
1-year change and average annual growth (CAGR) over 3, 5 and 10 fiscal years. "—" when a starting value was zero or negative.
HONA quarterly EPS vs estimates
Honeywell Aerospace beat the analyst EPS estimate in 0 of the last 1 quarters. Next report: October 28, 2026 (estimate $1.91).
HONA income statement
| 2025 | 2024 | 2023 | |
|---|---|---|---|
| Revenue | $17.40B | $15.45B | $13.79B |
| Cost of revenue | $11.34B | $9.94B | $8.51B |
| Gross profit | $6.06B | $5.50B | $5.28B |
| Research & development | $677.0M | $567.0M | $506.0M |
| Sales, general & admin | $2.13B | $1.43B | $1.21B |
| Total operating expenses | $2.81B | $1.99B | $1.72B |
| Operating income | $3.26B | $3.51B | $3.56B |
| Interest expense | $818.0M | — | — |
| Income before taxes | $2.36B | $3.37B | $3.47B |
| Income taxes | $541.0M | $519.0M | $557.0M |
| Net income | $1.78B | $2.82B | $2.89B |
| EBITDA | $3.59B | $3.85B | $3.87B |
| EPS (diluted) | $5.62 | — | — |
| Gross margin | 34.8% | 35.6% | 38.3% |
| Operating margin | 18.7% | 22.7% | 25.8% |
| Net margin | 10.2% | 18.2% | 20.9% |
| Jun '26 | Mar '26 | Jun '25 | Mar '25 | |
|---|---|---|---|---|
| Revenue | $4.52B | $4.35B | $4.29B | $4.07B |
| Cost of revenue | $2.94B | $2.72B | $2.73B | $2.55B |
| Gross profit | $1.58B | $1.63B | $1.56B | $1.52B |
| Research & development | $183.0M | $187.0M | $167.0M | $167.0M |
| Sales, general & admin | $722.0M | $628.0M | $383.0M | $365.0M |
| Total operating expenses | $1.00B | $815.0M | $550.0M | $532.0M |
| Operating income | $578.0M | $815.0M | $1.01B | $991.0M |
| Interest expense | $200.0M | $203.0M | $0 | $0 |
| Income before taxes | $378.0M | $646.0M | $1.00B | $933.0M |
| Income taxes | $122.0M | $134.0M | $148.0M | $147.0M |
| Net income | $246.0M | $504.0M | $844.0M | $777.0M |
| EBITDA | $700.0M | $960.0M | $1.11B | $1.03B |
| EPS (diluted) | $1.87 | — | — | — |
| Gross margin | 35.0% | 37.5% | 36.5% | 37.4% |
| Operating margin | 12.8% | 18.7% | 23.6% | 24.3% |
| Net margin | 5.4% | 11.6% | 19.7% | 19.1% |
Quarterly columns are labeled by the month the quarter ended. Figures in U.S. dollars as reported in HONA's financial statements (latest annual report filed December 31, 2025); data from EODHD. Sales, general & administrative expenses include sales and marketing.
HONA financial results
In fiscal year 2025 (ended December 31, 2025), Honeywell Aerospace reported revenue of $17.4 billion, up 12.7% from the year before. It had net income of $1.8 billion (down 36.8%), a net profit margin of 10.2%. Diluted earnings per share came to $5.62.
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HONA income statement FAQ
What is Honeywell Aerospace's annual revenue?
Honeywell Aerospace reported total revenue of $17.4 billion for fiscal year 2025, which ended on December 31, 2025. That was up 12.7% from $15.4 billion the previous year.
Is Honeywell Aerospace profitable?
Yes. Honeywell Aerospace reported net income of $1.8 billion in fiscal 2025, a net profit margin of 10.2%; its operating margin was 18.7%.
What is Honeywell Aerospace's gross margin?
Honeywell Aerospace's gross margin was 34.8% in fiscal 2025: for every $100 of revenue, Honeywell Aerospace kept $35 after the direct cost of its products and services.
How much does Honeywell Aerospace spend on research and development?
Honeywell Aerospace spent $677.0 million on research and development in fiscal 2025, 3.9% of revenue.
What are Honeywell Aerospace's earnings per share?
Honeywell Aerospace earned $5.62 per diluted share in fiscal 2025.
When will Honeywell Aerospace report its next earnings?
Honeywell Aerospace is expected to report results for the quarter ending September 30, 2026 on October 28, 2026 after the market closes.
When does Honeywell Aerospace's fiscal year end?
Honeywell Aerospace's fiscal year ends in December. The latest annual report covers the year ended December 31, 2025 and was filed on December 31, 2025.