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
DateValue
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