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July 30, 2026

HII Reports Second Quarter 2026 Results

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HII Reports Second Quarter 2026 Results

NEWPORT NEWS, Va. (July 30, 2026) - HII (NYSE: HII) today reported results for the second quarter of fiscal 2026.

Highlights

  • Second quarter revenues were $3.4 billion
  • Second quarter net earnings were $208 million or $5.27 diluted earnings per share
  • Company raises the FY26 shipbuilding revenue guidance range to between $10.2 and $10.4 billion1
  • Company raises the low end of the FY26 shipbuilding operating margin2 guidance range1
  • Company reaffirms previously issued 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 "Forward-looking Statements" section in this release and our 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.

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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.

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