Howmet Aerospace's results for Q3 2026 (quarter ended Sep 30, 2026) come from the company's own earnings release, filed with the SEC on 2026-10-29. Everything below is taken from that filing; quotes are copied exactly. Company outlooks are the company's own.
At a glance
| Item | Value |
|---|---|
| Revenue (GAAP) | $2,703 million (+29.4% vs a year earlier) |
| Diluted EPS (GAAP) | $1.42 |
| Adjusted per-share figure (company's non-GAAP measure; FFO/AFFO for REITs) | $1.46 |
| Full-year guidance | Raised |
Guidance
Howmet raised 2026 guidance (revenue $10.29–$10.31B, adjusted EPS $5.49–$5.51, FCF ~$2.0B) and guided 2027 revenue to ~$11.5B.
Why this label: Headline 'Full Year 2026 Guidance Increased': revenue, adjusted EBITDA and adjusted EPS baselines raised (prior figures not stated); 2027 revenue ~$11.5B new.
| Metric | Period | New | Prior (as stated in the release) |
|---|---|---|---|
| revenue | FY2026 | $10,290–$10,310 million (baseline $10,300M; baseline +$250M) | not stated |
| adjusted EBITDA | FY2026 | $3,325–$3,335 million, margin 32.3% (baseline +$100M, +20 bps) | not stated |
| adjusted EPS | FY2026 | $5.49–$5.51 (baseline +$0.23) | not stated |
| free cash flow | FY2026 | $1,950–$2,050 million (baseline +$100M) | not stated |
| revenue | FY2027 | ~$11.5 billion (~12% growth) | not stated |
Next-quarter outlook:
| Metric | Period | Range |
|---|---|---|
| revenue | Q4 2026 | $2,740–$2,760 million |
| adjusted EBITDA | Q4 2026 | $895–$905 million (margin 32.7%–32.8%) |
| adjusted EPS | Q4 2026 | $1.49–$1.51 |
From the release
Revenue: "Revenue · $ · 2,703 · $ · 2,089 · 29 · %"
Earnings per share: "Earnings per Share (EPS) · $ · 1.42 · $ · 0.95 · 49 · %"
revenue: "Revenue · $ · 2,740 · $ · 2,750 · $ · 2,760 · $ · 10,290 · $ · 10,300 · $ · 10,310 · Baseline Change · +$250"
adjusted EBITDA: "Adj. EBITDA 1 · $ · 895 · $ · 900 · $ · 905 · $ · 3,325 · $ · 3,330 · $ · 3,335"
adjusted EPS: "Adj. Earnings per Share 1 · $ · 1.49 · $ · 1.50 · $ · 1.51 · $ · 5.49 · $ · 5.50 · $ · 5.51 · Baseline Change · +$0.23"
Quotes are copied from the filing; in table rows, cell borders are shown as “·”.
Key fact: Revenue up 29%, record quarterly growth; 2026 guidance raised, 2027 revenue guided ~$11.5B.
Source
Howmet Aerospace earnings release (SEC filing), accession 0001104659-26-119857, filed 2026-10-29.
Part of the Q3 2026 Guidance Tracker. Educational only, not advice. Free weekly recap every Sunday: yieldterminalpro.com/newsletter.