October 29, 2026
HII Reports Third Quarter 2026 Results
NEWPORT NEWS, Va. (Oct. 29, 2026) - HII (NYSE: HII) today reported results for the third quarter of fiscal 2026.
Highlights
- Record third quarter revenues of $3.5 billion
- Third quarter net earnings were $217 million or $5.48 diluted earnings per share
- New contract awards in the third quarter totaled $32.4 billion
- Company raises the FY26 shipbuilding revenue guidance range to between $10.5 and $10.7 billion1
- Company reaffirms FY26 shipbuilding operating margin2 guidance range of 6.0 to 6.5 percent1
- Company reaffirms previously issued FY26 free cash flow2 outlook1
1The financial outlook, expectations, and other forward-looking statements provided by the company for 2026 and beyond reflect the company's judgment based on information available at the time of this release. Please see the "Cautionary Statement Regarding Forward-Looking Statements and Projections" section in this release and the “Forward-Looking Statements and Projections” section in our Quarterly Report on Form 10-Q for factors that may impact the company's ability to meet expectations.
2Non-GAAP measures. See Exhibit B for definitions and reconciliations.
Loading PDF viewer…
About HII
HII is America's Seapower Company. The nation’s largest shipbuilder, HII builds the manned and unmanned maritime systems and all-domain mission technologies that project U.S. and allied power around the world. With a more than 140-year history of advancing U.S. national security, HII is headquartered in Virginia and employs 46,000 people across three divisions.
Related News
Sign Up for Updates
Enter your email to receive news updates and insights.
By subscribing you agree to our Privacy Policy and provide consent to receive updates from HII.