Howmet Aerospace (HWM) Operating Expenses (2009 - 2026)

Howmet Aerospace's (HWM) quarterly Operating Expenses came in at $120.0 million in Q1 2026, up 29.03% year-on-year from $93.0 million in Q1 2025, and up 13.21% quarter-over-quarter from $106.0 million in Q4 2025.

Howmet Aerospace (HWM) Operating Expenses (2009 - 2026) Analysis & Trends

Howmet Aerospace has disclosed Operating Expenses across 18 years of filings, most recently posting $120.0 million for Q1 2026.

  • Operating Expenses for Q1 2026 came in at $120.0 million, up 29.03% year-over-year; the trailing twelve-month figure through Mar 2026 was $434.0 million (up 9.32% YoY), and the FY2025 annual result was $655.0 million, up 5.14% from the prior year.
  • Operating Expenses came in at $120.0 million for Q1 2026 at Howmet Aerospace, up from $106.0 million in the prior quarter.
  • In the past five years, Operating Expenses ranged from a high of $126.0 million in Q2 2024 to a low of $78.0 million in Q1 2022.
  • The 5-year median for Operating Expenses is $98.0 million (2022), against an average of $98.9 million.
  • Across the five-year window, Operating Expenses jumped 53.12% in 2022 and decreased 22.22% in 2025, its largest moves.
  • Howmet Aerospace's Operating Expenses stood at $116.0 million in 2022, then slipped by 20.69% to $92.0 million in 2023, then dropped by 8.7% to $84.0 million in 2024, then climbed by 26.19% to $106.0 million in 2025, then increased by 13.21% to $120.0 million in 2026.
  • The last three Operating Expenses figures came in at $120.0 million (Q1 2026), $106.0 million (Q4 2025), and $110.0 million (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Opex (Qtr)
1 DEFSEC Technologies 5,720.56 Bn 5,720.56 Bn 456,459.43 1.85 Mn
2 General Electric 359.38 Bn 348.64 Bn 9.11 Bn 10.18 Bn
3 Rtx 248.80 Bn 243.70 Bn 9.08 Bn 19.59 Bn
4 Boeing 180.64 Bn 159.74 Bn 2.55 Bn 2.10 Bn
5 Lockheed Martin 121.64 Bn 119.74 Bn 2.08 Bn -
6 Howmet Aerospace 108.46 Bn 106.03 Bn 854.00 Mn 120.00 Mn
7 General Dynamics 96.96 Bn 93.31 Bn 9.09 Bn 12.06 Bn
8 Embraer 95.73 Bn 93.11 Bn - -
9 Northrop Grumman 77.30 Bn 75.21 Bn 3.45 Bn 8.89 Bn
10 TransDigm 74.20 Bn 70.32 Bn 1.51 Bn 273.00 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 120.00 Mn
Dec 31, 2025 106.00 Mn
Sep 30, 2025 110.00 Mn
Jun 30, 2025 98.00 Mn
Mar 31, 2025 93.00 Mn
Dec 31, 2024 84.00 Mn
Sep 30, 2024 94.00 Mn
Jun 30, 2024 126.00 Mn
Mar 31, 2024 98.00 Mn
Dec 31, 2023 92.00 Mn
Sep 30, 2023 100.00 Mn
Jun 30, 2023 100.00 Mn
Mar 31, 2023 85.00 Mn
Dec 31, 2022 116.00 Mn
Sep 30, 2022 84.00 Mn
Jun 30, 2022 98.00 Mn
Mar 31, 2022 78.00 Mn
Dec 31, 2021 133.00 Mn
Sep 30, 2021 82.00 Mn
Jun 30, 2021 64.00 Mn