HEXCEL CORPHXLEarnings & Financial Report
Hexcel Corporation is an American public industrial materials company, based in Stamford, Connecticut. The company develops and manufactures structural materials. Hexcel was formed from the combination of California Reinforced Plastics, Ciba Composites and Hercules Composites Products Division. The company sells its products in commercial, military and recreational markets for use in commercial and military aircraft, space launch vehicles and satellites, wind turbine blades, sports equipment ...
Revenue
$500.4M
Gross Profit
$126.6M
Operating Profit
$71.8M
Net Profit
$50.0M
Gross Margin
25.3%
Operating Margin
14.3%
Net Margin
10.0%
YoY Growth
10.1%
HEXCEL CORP Q2 FY2024 Financial Summary
HEXCEL CORP reported revenue of $500.4M (up 10.1% YoY) for Q2 FY2024, with a net profit of $50.0M (up 17.6% YoY) (10.0% margin). Cost of goods sold was $373.8M, operating expenses totaled $54.8M.
Key Financial Metrics
| Total Revenue | $500.4M |
|---|---|
| Net Profit | $50.0M |
| Gross Margin | 25.3% |
| Operating Margin | 14.3% |
| Report Period | Q2 FY2024 |
Revenue Breakdown
HEXCEL CORP Q2 FY2024 revenue of $500.4M breaks down across 4 segments, led by Commercial Aerospace Market Applications at $320.7M (64.1% of total).
| Segment | Revenue | % of Total |
|---|---|---|
| Commercial Aerospace Market Applications | $320.7M | 64.1% |
| Space And Defense Market Applications | $138.9M | 27.8% |
| Industrial Market Applications | $40.8M | 8.2% |
| Engineered Products | $3.0M | 0.6% |
HEXCEL CORP Revenue by Segment — Quarterly Trend
HEXCEL CORP revenue by segment across the last 4 reported quarters, showing how each business line (such as Commercial Aerospace Market Applications and Space And Defense Market Applications) has evolved quarter over quarter.
| Segment | Q1 FY2026 | Q4 FY2025 | Q3 FY2025 | Q2 FY2025 |
|---|---|---|---|---|
| Commercial Aerospace Market Applications | — | — | $274.2M | $293.1M |
| Space And Defense Market Applications | — | — | $182.0M | $196.8M |
| Engineered Products | — | — | $3.6M | $3.3M |
HEXCEL CORP Annual Revenue by Year
HEXCEL CORP annual revenue history includes year-by-year totals (for example, 2025 revenue was $1.9B).
| Year | Annual Revenue |
|---|---|
| 2025 | $1.9B |
| 2024 | $1.9B |
| 2023 | $1.8B |
| 2022 | $1.6B |
HEXCEL CORP Quarterly Revenue & Net Profit History
HEXCEL CORP results over the last 8 reported quarters, including revenue, net profit and year-over-year growth.
| Quarter | Revenue | Revenue YoY | Net Profit | Net Margin |
|---|---|---|---|---|
| Q1 FY2026 | $501.5M | +9.9% | $37.2M | 7.4% |
| Q4 FY2025 | $491.3M | +3.7% | $46.4M | 9.4% |
| Q3 FY2025 | $456.2M | -0.1% | $20.6M | 4.5% |
| Q2 FY2025 | $489.9M | -2.1% | $13.5M | 2.8% |
| Q1 FY2025 | $456.5M | -3.3% | $28.9M | 6.3% |
| Q4 FY2024 | $473.8M | +3.6% | $5.8M | 1.2% |
| Q3 FY2024 | $456.5M | +8.8% | $39.8M | 8.7% |
| Q2 FY2024 | $500.4M | +10.1% | $50.0M | 10.0% |
Income Statement
| Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | Q1 2026 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | $500.4M | $456.5M | $473.8M | $456.5M | $489.9M | $456.2M | $491.3M | $501.5M |
| YoY Growth | 10.1% | 8.8% | 3.6% | -3.3% | -2.1% | -0.1% | 3.7% | 9.9% |
Balance Sheet
| Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | Q1 2026 | |
|---|---|---|---|---|---|---|---|---|
| Assets | $2.83B | $2.86B | $2.73B | $2.78B | $2.84B | $2.76B | $2.70B | $2.72B |
| Liabilities | $1.26B | $1.27B | $1.20B | $1.25B | $1.29B | $1.19B | $1.45B | $1.46B |
| Equity | $1.57B | $1.59B | $1.53B | $1.53B | $1.55B | $1.57B | $1.25B | $1.27B |
Cash Flow
| Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | |
|---|---|---|---|---|---|---|---|
| Operating CF | $44.2M | $90.1M | $162.6M | $-28.5M | $23.3M | $110.2M | $125.5M |