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
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