Howmet Aerospace (HWM) Operating Expenses (2009 - 2026)
Howmet Aerospace (HWM) reported Operating Expenses of $27.0 million for Q1 2026, down 69.66% on a YoY basis from $89.0 million in Q1 2025, and down 86.08% sequentially from $194.0 million in Q4 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 $27.0 million in Q1 2026.
- For the quarter ending Q1 2026, Operating Expenses fell 69.66% year-over-year to $27.0 million; the trailing twelve-month figure through Mar 2026 stood at $429.0 million (up 9.44% YoY), and the FY2025 full-year result was $491.0 million, up 22.44% from the prior year.
- Operating Expenses retreated to $27.0 million in Q1 2026, from $194.0 million in the prior quarter.
- In the past five years, Operating Expenses ranged from a high of $194.0 million in Q4 2025 to a low of $27.0 million in Q1 2026.
- A 5-year average of $99.2 million and a median of $98.0 million in 2022 frame the typical range for Operating Expenses.
- Across the five-year window, Operating Expenses surged 130.95% in 2025 and plunged 69.66% in 2026, its largest moves.
- Tracing HWM's Operating Expenses over 5 years: stood at $116.0 million in 2022, then declined by 7.76% to $107.0 million in 2023, then dropped by 21.5% to $84.0 million in 2024, then jumped by 130.95% to $194.0 million in 2025, then slumped by 86.08% to $27.0 million in 2026.
- Business Quant data shows HWM's Operating Expenses at $27.0 million in Q1 2026, $194.0 million in Q4 2025, and $110.0 million in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | General Electric | 370.01 Bn | 360.67 Bn | -3.10 Bn | 10.86 Bn |
| 2 | Rtx | 289.51 Bn | 281.20 Bn | 9.91 Bn | 21.96 Bn |
| 3 | Boeing | 175.23 Bn | 155.21 Bn | 2.41 Bn | 2.35 Bn |
| 4 | Lockheed Martin | 131.81 Bn | 128.02 Bn | 2.45 Bn | - |
| 5 | Howmet Aerospace | 111.46 Bn | 109.03 Bn | 854.00 Mn | 27.00 Mn |
| 6 | General Dynamics | 103.47 Bn | 99.14 Bn | 6.76 Bn | 12.63 Bn |
| 7 | Northrop Grumman | 75.90 Bn | 73.59 Bn | 3.72 Bn | 9.78 Bn |
| 8 | TransDigm | 72.86 Bn | 68.97 Bn | 1.51 Bn | 273.00 Mn |
| 9 | L3Harris Technologies | 50.70 Bn | 50.11 Bn | 1.40 Bn | 750.00 Mn |
| 10 | Embraer | 49.85 Bn | 47.89 Bn | - | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 27.00 Mn |
| Dec 31, 2025 | 194.00 Mn |
| Sep 30, 2025 | 110.00 Mn |
| Jun 30, 2025 | 98.00 Mn |
| Mar 31, 2025 | 89.00 Mn |
| Dec 31, 2024 | 84.00 Mn |
| Sep 30, 2024 | 93.00 Mn |
| Jun 30, 2024 | 126.00 Mn |
| Mar 31, 2024 | 98.00 Mn |
| Dec 31, 2023 | 107.00 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 |