Quarterly ResultJul 30, 2026, 11:58 AM
Huntington Ingalls Q2 Net Earnings Up 36.8% to $208M; Revenue +10.9%
AI Summary
Huntington Ingalls Industries reported strong financial results for the second quarter and first half of 2026. Second-quarter net earnings increased by 36.8% to $208 million, with revenue rising 10.9% to $3.418 billion. For the first six months, net earnings grew 18.6% to $357 million on a 12.1% increase in revenue to $6.517 billion. Despite the strong earnings, net cash used in operating activities for the first half was $421 million, a significant decrease from the prior year.
Key Highlights
- Q2 2026 net earnings increased 36.8% to $208 million.
- Q2 2026 sales and service revenues rose 10.9% to $3.418 billion.
- H1 2026 net earnings grew 18.6% to $357 million.
- H1 2026 sales and service revenues increased 12.1% to $6.517 billion.
- Net cash used in operating activities for H1 2026 was $421 million.
- Dividends declared per share increased to $1.38 for Q2 2026.
- Remaining performance obligations totaled $57.3 billion as of June 30, 2026.
- Newport News segment revenue was $1.849 billion in Q2 2026.
Price Impact
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