Huntington Ingalls Industries, Inc. (HII) Earnings
Huntington Ingalls Industries, Inc. is expected to report next earnings on July 30, 2026 (in NaN days), with a consensus EPS estimate of $3.84. HII has beaten EPS estimates in 10 of its last 12 reported quarters (average surprise +10.5% over the last four).
| Report date | EPS est | EPS actual | Surprise | Revenue | Rev. surprise |
|---|---|---|---|---|---|
| May 5, 2026 | $3.70 | $3.79 | +2.4% | $3.1B | +2.6% |
| Feb 5, 2026 | $3.72 | $4.04 | +8.6% | $3.5B | +18.4% |
| Oct 30, 2025 | $3.30 | $3.68 | +11.5% | $3.2B | +8.0% |
| Jul 31, 2025 | $3.23 | $3.86 | +19.5% | $3.1B | +4.4% |
| May 1, 2025 | $2.90 | $3.79 | +30.7% | $2.7B | -8.4% |
| Feb 6, 2025 | $3.28 | $3.15 | -4.0% | $3.0B | +4.9% |
| Oct 31, 2024 | $3.86 | $2.56 | -33.7% | $2.7B | -4.1% |
| Aug 1, 2024 | $3.62 | $4.38 | +21.0% | $3.0B | +4.6% |
| May 2, 2024 | $3.53 | $3.87 | +9.6% | $2.8B | +0.4% |
| Feb 1, 2024 | $4.28 | $6.90 | +61.2% | $3.2B | +14.3% |
| Nov 2, 2023 | $3.41 | $3.70 | +8.5% | $2.8B | +3.8% |
| Aug 3, 2023 | $3.12 | $3.27 | +4.8% | $2.8B | +4.2% |
Source: company filings + earnings calendar. For informational purposes only — not investment advice.
Earnings call summary
Q1 FY2026 · May 5, 2026
AI summary of management’s prepared remarks and analyst Q&A. For informational purposes only — not investment advice.
Management highlights
Chris started by discussing results, with first quarter sales $3.1 billion and diluted EPS $3.79. Ingalls had stern release on LPD 31 Pittsburgh, etc. Mission Technologies had strong sales. Operational initiatives include enhancing shipbuilding throughput, growing trusted industrial-based network, and securing new contract awards. Kerry Wilkinson discussed Newport News updates like CVN milestones. Tom provided financial performance details.
Guidance
Reaffirming 2026 and medium-term guidance. Expect shipbuilding revenue ~$2.4 billion and operating margins 5.7%-6% in Q2. Mission technologies revenue ~$750 million and margin ~4%. Free cash flow in Q2 between -$100M and $100M. Tax rate expected to be 21% in Q2 but 17% for 2026.
Segment performance
Consolidated first quarter sales were $3.1 billion. Shipbuilding revenue was up 17.6% compared to Q1 2025. Ingalls revenues were $725 million, up 13.8%, with segment operating income $49 million and margin 6.8%. Newport News revenues were $1.7 billion, up 19.3%, with segment operating income $88 million and margin 5.3%. Mission Technologies revenues were $748 million, up 1.8%, with segment operating income $35 million and margin 4.7%.
Analyst Q&A
Q: Scott Mikus asked about battleship and frigate as upside drivers and auxiliary ships.
A: Chris said evaluate on case-by-case.
Q: Scott Doishla asked about 2Q guide and Newport News contract awards.
A: Tom said factor in contract mod timing.
Q: David Strauss asked about Ingalls margin and shipbuilding revenue profile.
A: Chris and Tom discussed Ingalls margin and linear revenue growth.
Q: John Godin asked about 2026 and 2027 milestones.
A: Chris said milestones towards back half.
Q: Seth Seifman asked about carrier performance and uncrewed business.
A: Carrie and Chris discussed carrier progress and uncrewed timeline.
Q: Gautam Kahan asked about fit-up delivery schedules and wage increases.
A: Chris and Kerry discussed delivery schedules and wage impact on attrition.
Q: Ron Edstein asked about outsourcing and South Carolina facility.
A: Chris and Kerry discussed outsourcing and Charleston progress.
Q: Noah Popenac asked about shipbuilding revenue growth and nuclear subcontracts.
A: Tom discussed revenue growth and nuclear contract approval.
Q: Miles Walton asked about carrier design review and workforce.
A: Chris and Carrie discussed carrier review and workforce growth