Howmet Aerospace (HWM) Operating Expenses (2009 - 2026)
Howmet Aerospace (HWM) posted Operating Expenses of $27.0 million for Q1 2026, down 86.08% sequentially from $194.0 million in Q4 2025, and down 69.66% YoY from $89.0 million in Q1 2025.
Howmet Aerospace (HWM) Operating Expenses (2009 - 2026) Analysis & Trends
Howmet Aerospace has reported Operating Expenses for 18 years, with the latest figure at $27.0 million in Q1 2026.
- Quarterly Operating Expenses fell 69.66% year-over-year to $27.0 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $429.0 million (up 9.44% YoY) and the FY2025 annual result came in at $491.0 million, up 22.44% from the prior year.
- Operating Expenses retreated to $27.0 million in Q1 2026 per HWM's latest filing, from $194.0 million in the prior quarter.
- Over five years, Operating Expenses peaked at $194.0 million in Q4 2025 and troughed at $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.
- The sharpest annual moves came in 2025 and 2026: Operating Expenses jumped 130.95% in 2025, then slumped 69.66% in 2026.
- Over 5 years, Operating Expenses stood at $116.0 million in 2022, then decreased by 7.76% to $107.0 million in 2023, then retreated by 21.5% to $84.0 million in 2024, then jumped by 130.95% to $194.0 million in 2025, then sank by 86.08% to $27.0 million in 2026.
- According to Business Quant data, Operating Expenses over the past three periods registered $27.0 million, $194.0 million, and $110.0 million for Q1 2026, Q4 2025, and Q3 2025 respectively.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | General Electric | 358.52 Bn | 349.17 Bn | 6.95 Bn | 10.86 Bn |
| 2 | Rtx | 287.21 Bn | 278.91 Bn | 9.91 Bn | 21.96 Bn |
| 3 | Boeing | 170.11 Bn | 150.08 Bn | 2.41 Bn | 2.35 Bn |
| 4 | Lockheed Martin | 131.49 Bn | 127.70 Bn | 2.45 Bn | - |
| 5 | Howmet Aerospace | 109.12 Bn | 108.56 Bn | 951.00 Mn | 156.00 Mn |
| 6 | General Dynamics | 104.21 Bn | 99.88 Bn | 6.76 Bn | 12.63 Bn |
| 7 | Northrop Grumman | 80.06 Bn | 77.76 Bn | 3.72 Bn | 9.78 Bn |
| 8 | TransDigm | 67.85 Bn | 65.08 Bn | 1.63 Bn | 332.00 Mn |
| 9 | L3Harris Technologies | 50.31 Bn | 48.79 Bn | 1.50 Bn | 848.00 Mn |
| 10 | Axon Enterprise | 49.43 Bn | 48.76 Bn | 546.45 Mn | 499.67 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 156.00 Mn |
| 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 |