Howmet Aerospace (HWM) Operating Expenses (2009 - 2026)
Howmet Aerospace (HWM) posted Operating Expenses of $120.0 million for Q1 2026, up 13.21% sequentially from $106.0 million in Q4 2025, and up 29.03% YoY from $93.0 million in Q1 2025.
Howmet Aerospace (HWM) Operating Expenses (2009 - 2026) Analysis & Trends
Howmet Aerospace (HWM) has 18 years of Operating Expenses data on file, last reported at $120.0 million in Q1 2026.
- Quarterly Operating Expenses rose 29.03% year-over-year to $120.0 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $434.0 million (up 9.32% YoY) and the FY2025 annual result came in at $655.0 million, up 5.14% from the prior year.
- Operating Expenses climbed to $120.0 million in Q1 2026 per HWM's latest filing, from $106.0 million in the prior quarter.
- The five-year high for Operating Expenses was $126.0 million in Q2 2024, with the low at $78.0 million in Q1 2022.
- Average Operating Expenses over 5 years is $98.9 million, with a median of $98.0 million recorded in 2022.
- Year-over-year, Operating Expenses surged 53.12% in 2022 and fell 22.22% in 2025.
- Howmet Aerospace's Operating Expenses stood at $116.0 million in 2022, then fell by 20.69% to $92.0 million in 2023, then retreated by 8.7% to $84.0 million in 2024, then rose by 26.19% to $106.0 million in 2025, then advanced by 13.21% to $120.0 million in 2026.
- Business Quant data shows HWM's Operating Expenses at $120.0 million in Q1 2026, $106.0 million in Q4 2025, and $110.0 million in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Boeing | 1,106.33 Bn | 1,085.43 Bn | 2.55 Bn | 2.10 Bn |
| 2 | Rtx | 258.51 Bn | 253.40 Bn | 9.08 Bn | 19.59 Bn |
| 3 | General Dynamics | 174.86 Bn | 171.21 Bn | 9.09 Bn | 12.06 Bn |
| 4 | Lockheed Martin | 119.99 Bn | 118.10 Bn | 2.08 Bn | - |
| 5 | Howmet Aerospace | 107.26 Bn | 104.82 Bn | 854.00 Mn | 120.00 Mn |
| 6 | TransDigm | 76.18 Bn | 72.30 Bn | 1.51 Bn | 273.00 Mn |
| 7 | Northrop Grumman | 73.88 Bn | 71.79 Bn | 3.45 Bn | 8.89 Bn |
| 8 | Rocket Lab | 60.59 Bn | 59.31 Bn | 76.49 Mn | 132.46 Mn |
| 9 | L3Harris Technologies | 54.60 Bn | 54.60 Bn | 1.40 Bn | 750.00 Mn |
| 10 | Heico | 50.20 Bn | 50.07 Bn | 569.53 Mn | 1.03 Bn |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 |