Honeywell Aerospace Inc. (HONA) Earnings Call Transcripts

Honeywell Aerospace Inc.'s Latest Earnings Call - Q2 FY2026

In the second quarter of 2026, Honeywell Aerospace reported revenues of $4.5 billion, reflecting a 5% organic growth year-over-year, but fell short of prior expectations due to ongoing supply chain constraints. Adjusted earnings per share decreased to $1.78, impacted by a $50 million inventory obsolescence charge. Management revised its full-year guidance, now expecting organic sales growth of 4% to 5% and adjusted EBIT of $4.35 billion to $4.45 billion, signaling a more conservative outlook as they navigate supply chain challenges while maintaining confidence in long-term growth prospects.

Reported metrics

Guidance from management

Management reiterated its long-term targets for 2030 but lowered its 2026 guidance to reflect achievable growth of 4% to 5% amid ongoing supply chain challenges.

What management said

Thanks, Jim. Let's cover a couple of topics in more detail before we go to those on the line. Josh, let's start with you. Could you maybe walk us from the 2026 guide we provided at Investor Day to the updated outlook we're offering today?

Certainly helpful to look at the back half over the last 2 years. Last year, we grew in the back half of about 12%. And when you combine that with this year's outlook for the second half, that's a normalized CAGR of about 7% to 8% for the last 2, which is in line with our long-term framework. The guide assumes year-over-year output growth in 3Q and 4Q similar to what we saw in 2Q. It is worth noting the toughest comp...

What analysts pressed on

Analysts expressed concerns about the significant impact of supply chain issues on growth, questioning the pace of recovery and the potential for compensation discussions with customers due to delays. There was also scrutiny regarding the sustainability of the revised guidance and the implications of inventory obsolescence on future performance.

Main topics on the call

• Supply Chain Constraints — Management acknowledged that supply chain issues have limited their ability to convert demand into sales, stating, "the issues remain contained to a handful of material and supplier bottlenecks." They emphasized that 98%...
• Record Orders and Demand — Despite supply challenges, Honeywell Aerospace secured $15 billion in lifetime value from customer wins year-to-date, with orders increasing by 8% over the past year. CEO Jim Currier noted, "We continue to see extraordin...
• Revised Financial Guidance — Management revised its 2026 outlook, projecting organic sales growth of 4% to 5% and adjusted EBIT of $4.35 billion to $4.45 billion, down from previous estimates. CFO Josh Jepsen stated, "We believe it is prudent to set...
• Investment in Supply Chain Resilience — Honeywell plans to invest significantly in supplier tooling and dual sourcing, with Jepsen noting, "We are introducing a 4x larger investment this year in multi-sourcing and in-sourcing compared to last year." This is ai...

Read the full Honeywell Aerospace Inc. transcript (Q2 FY2026) → Summary generated from the call transcript; every figure above is stated by management on the record.

Earnings Call History

EarningsCalls.dev has 1 Honeywell Aerospace Inc. earnings call transcript on record, spanning August 5, 2026 to August 5, 2026. The most recent call on file is dated August 5, 2026. The full list is below — each row opens the complete, free-to-read transcript.

Ticker

HONA

Exchange

NasdaqGS

Country

US

Sector

Industrials

Industry

Aerospace and Defense

Calls on record

1

First call

August 5, 2026

Most recent

August 5, 2026