Honeywell Technologies announced results for the second quarter of 2026. The consolidated results include the operations of Honeywell Aerospace, which successfully separated in a spin-off from Honeywell Technologies on June 29, 2026 (third quarter 2026).
Second Quarter 2026 Consolidated Results (including legacy Aerospace Technologies segment):
- Orders up 4% leading to ~$38 billion backlog
- Sales of $9.7 billion, reported sales up 4% and organic1 sales up 4%
- Operating margin of 17.9% and segment margin1 of 23.1%
- Earnings per share (EPS) of $17.83, which reflects the impact of a one-time gain on deconsolidation of Quantinuum, and adjusted EPS1 of $4.52
Second Quarter 2026 Honeywell Technologies Results (excluding Aerospace Technologies):
- Orders up 16% leading to ~$20 billion backlog
- Sales of $5.2 billion, up 3% reported and up 4% organic1
- Operating margin of 12.8% and segment margin1 of 19.0%
- EPS of $16.65 and adjusted EPS1 of $1.95
Management Commentary
"The second quarter marked a historic milestone for Honeywell Technologies as we completed the separation of Honeywell Aerospace and began a new era as a leading pure-play automation company. The results we delivered this quarter are the outcome of a year-plus long process to simplify our business, and we are already seeing the benefits of this transformation today. Honeywell Technologies delivered strong organic orders and sales growth, and 100 basis points of segment margin expansion, leading to double digit earnings growth in the second quarter and reinforcing our confidence in the long-term targets that we shared at our recent investor day. As a simplified company, Honeywell Technologies is now positioned to further accelerate profitable growth as we leverage our deep domain expertise and vast installed base to create enduring value for our shareowners," said Vimal Kapur, chairman and chief executive officer of Honeywell Technologies.
