Hexcel Corporation (HXL) quarterly income statement — complete revenue, gross profit & net income history
| Metric | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 | Q2'22 | Q1'22 | Q4'21 | Q3'21 | Q2'21 |
|---|
| Sales/Revenue | 494.6M | 491.3M | 456.2M | 489.9M | 456.5M | 473.8M | 456.5M | 500.4M | 472.1M | 457.5M | 419.5M | 454.3M | 457.7M | 429.4M | 364.7M | 393M | 390.6M | 360.3M | 333.8M | 320.3M |
| Revenue Growth % | 8.35% | 3.69% | -0.07% | -2.1% | -3.3% | 3.56% | 8.82% | 10.15% | 3.15% | 6.54% | 15.03% | 15.6% | 17.18% | 19.18% | 9.26% | 22.7% | 25.88% | 21.81% | 16.35% | -15.42% |
| Cost of Goods Sold | 366.8M | 370.3M | 356.3M | 378.4M | 354.1M | 355.3M | 350M | 373.8M | 354.8M | 354.4M | 327.9M | 343.5M | 330M | 330.3M | 282.9M | 303.5M | 303.9M | 291.2M | 267.8M | 258.4M |
| COGS % of Revenue | 74.16% | 75.37% | 78.1% | 77.24% | 77.57% | 74.99% | 76.67% | 74.7% | 75.15% | 77.46% | 78.16% | 75.61% | 72.1% | 76.92% | 77.57% | 77.23% | 77.8% | 80.82% | 80.23% | 80.67% |
| Gross Profit | 134.7M | 121M | 99.9M | 111.5M | 102.4M | 118.5M | 106.5M | 126.6M | 117.3M | 103.1M | 91.6M | 110.8M | 127.7M | 99.1M | 81.8M | 89.5M | 86.7M | 69.1M | 66M | 61.9M |
| Gross Margin % | 27.23% | 24.63% | 21.9% | 22.76% | 22.43% | 25.01% | 23.33% | 25.3% | 24.85% | 22.54% | 21.84% | 24.39% | 27.9% | 23.08% | 22.43% | 22.77% | 22.2% | 19.18% | 19.77% | 19.33% |
| Gross Profit Growth % | 31.54% | 2.11% | -6.2% | -11.93% | -12.7% | 14.94% | 16.27% | 14.26% | -8.14% | 4.04% | 11.98% | 23.8% | 47.29% | 43.42% | 23.94% | 44.59% | 63.28% | 127.3% | 388.89% | 12.75% |
| Operating Expenses | 67.2M | 59.6M | 63.9M | 81.5M | 58.2M | 109.6M | 54M | 54.8M | 61.3M | 55.5M | 48M | 49.5M | 64.9M | 58.6M | 41M | 25.7M | 56.6M | 46.1M | 43.2M | 45.7M |
| OpEx % of Revenue | 13.59% | 12.13% | 14.01% | 16.64% | 12.75% | 23.13% | 11.83% | 10.95% | 12.98% | 12.13% | 11.44% | 10.9% | 14.18% | 13.65% | 11.24% | 6.54% | 14.49% | 12.79% | 12.94% | 14.27% |
| Selling, General & Admin | 49.4M | 41.6M | 41.1M | 43M | 43.3M | 47.9M | 39.8M | 39.9M | 46.2M | 41.9M | 35.4M | 35.7M | 50.8M | 40.8M | 29M | 33.5M | 44.7M | 32.3M | 32M | 31.1M |
| SG&A % of Revenue | 9.99% | 8.47% | 9.01% | 8.78% | 9.49% | 10.11% | 8.72% | 7.97% | 9.79% | 9.16% | 8.44% | 7.86% | 11.1% | 9.5% | 7.95% | 8.52% | 11.44% | 8.96% | 9.59% | 9.71% |
| Research & Development | 17.8M | 14.3M | 14M | 14.3M | 13.8M | 13.5M | 13.8M | 14.7M | 15.1M | 12.1M | 13.4M | 13.3M | 13.9M | 12M | 11.6M | 11.3M | 10.9M | 11.6M | 10.4M | 11.5M |
| R&D % of Revenue | 3.6% | 2.91% | 3.07% | 2.92% | 3.02% | 2.85% | 3.02% | 2.94% | 3.2% | 2.64% | 3.19% | 2.93% | 3.04% | 2.79% | 3.18% | 2.88% | 2.79% | 3.22% | 3.12% | 3.59% |
| Other Operating Expenses | 0 | 1000K | 1000K | 1000K | 1000K | 1000K | 400K | 200K | 0 | 1000K | -800K | 500K | 200K | 1000K | 400K | -1000K | 1000K | 1000K | 800K | 1000K |
| Operating Income | 56.7M | 61.4M | 36M | 30M | 44.2M | 8.9M | 52.5M | 71.8M | 56M | 47.6M | 43.6M | 61.3M | 62.8M | 40.5M | 40.8M | 63.8M | 30.1M | 23M | 22.8M | 16.2M |
| Operating Margin % | 11.46% | 12.5% | 7.89% | 6.12% | 9.68% | 1.88% | 11.5% | 14.35% | 11.86% | 10.4% | 10.39% | 13.49% | 13.72% | 9.43% | 11.19% | 16.23% | 7.71% | 6.38% | 6.83% | 5.06% |
| Operating Income Growth % | 28.28% | 589.89% | -31.43% | -58.22% | -21.07% | -81.3% | 20.41% | 17.13% | -10.83% | 17.53% | 6.86% | -3.92% | 108.64% | 76.09% | 78.95% | 293.83% | 395.1% | 212.75% | 160.64% | 153.13% |
| EBITDA | 87.1M | 92.2M | 66.9M | 59.6M | 74M | 39.9M | 83.5M | 102.8M | 87M | 79.2M | 75.1M | 92.3M | 93.5M | 71.8M | 71.8M | 95.5M | 62.3M | 58.6M | 56.5M | 50.4M |
| EBITDA Margin % | 17.61% | 18.77% | 14.66% | 12.17% | 16.21% | 8.42% | 18.29% | 20.54% | 18.43% | 17.31% | 17.9% | 20.32% | 20.43% | 16.72% | 19.69% | 24.3% | 15.95% | 16.26% | 16.93% | 15.74% |
| EBITDA Growth % | 17.7% | 131.08% | -19.88% | -42.02% | -14.94% | -49.62% | 11.19% | 11.38% | -6.95% | 10.31% | 4.6% | -3.35% | 50.08% | 22.53% | 27.08% | 89.48% | 156.38% | 304.14% | 2925% | 22.03% |
| D&A (Non-Cash Add-back) | 30.4M | 30.8M | 30.9M | 29.6M | 29.8M | 31M | 31M | 31M | 31M | 31.6M | 31.5M | 31M | 30.7M | 31.3M | 31M | 31.7M | 32.2M | 35.6M | 33.7M | 34.2M |
| EBIT | 56.7M | 62M | 36M | 30.9M | 43.8M | 8.9M | 52.5M | 71.8M | 52.9M | -24M | 43.6M | 61.3M | 62.8M | 51M | 40.8M | 64.1M | 30.1M | 31.5M | 22.8M | 16.2M |
| Net Interest Income | -11.8M | -11.6M | -9.2M | -9.1M | -7.8M | -8.1M | -8.5M | -8.1M | -6.5M | -7.6M | -7.8M | -9.2M | -9.4M | -9.2M | -9M | -8.9M | -9.1M | -9.2M | -9.5M | -9.3M |
| Interest Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Interest Expense | 11.8M | 11.6M | 9.2M | 9.1M | 7.8M | 8.1M | 8.5M | 8.1M | 6.5M | 7.6M | 7.8M | 9.2M | 9.4M | 9.2M | 9M | 8.9M | 9.1M | 9.2M | 9.5M | 9.3M |
| Other Income/Expense | -11.2M | -11M | -9.2M | -8.2M | -8.2M | -8.1M | -8.5M | -8.1M | -9.6M | -76.2M | -5.6M | -7.3M | -8.4M | 3.9M | -7.2M | -6.4M | -7.6M | 200K | -8.7M | -10M |
| Pretax Income | 45.5M | 50.4M | 26.8M | 21.8M | 36M | 800K | 44M | 63.7M | 46.4M | -28.6M | 38M | 54M | 54.4M | 44.4M | 33.6M | 57.4M | 22.5M | 23.2M | 14.1M | 6.2M |
| Pretax Margin % | 9.2% | 10.26% | 5.87% | 4.45% | 7.89% | 0.17% | 9.64% | 12.73% | 9.83% | -6.25% | 9.06% | 11.89% | 11.89% | 10.34% | 9.21% | 14.61% | 5.76% | 6.44% | 4.22% | 1.94% |
| Income Tax | 8.3M | 4M | 6.2M | 8.3M | 7.1M | -5M | 4.2M | 13.7M | 9.9M | -10.4M | -700K | 11.5M | 11.7M | 7.4M | 6.8M | 12.7M | 4.7M | 4.3M | 5.1M | 4M |
| Effective Tax Rate % | 18.24% | 7.94% | 23.13% | 38.07% | 19.72% | -625% | 9.55% | 21.51% | 21.34% | 36.36% | -1.84% | 21.3% | 21.51% | 16.67% | 20.24% | 22.13% | 20.89% | 18.53% | 36.17% | 64.52% |
| Net Income | 37.2M | 46.4M | 20.6M | 13.5M | 28.9M | 5.8M | 39.8M | 50M | 36.5M | -18.2M | 38.7M | 42.5M | 42.7M | 37M | 26.8M | 44.7M | 17.8M | 18.9M | 9M | 2.2M |
| Net Margin % | 7.52% | 9.44% | 4.52% | 2.76% | 6.33% | 1.22% | 8.72% | 9.99% | 7.73% | -3.98% | 9.23% | 9.36% | 9.33% | 8.62% | 7.35% | 11.37% | 4.56% | 5.25% | 2.7% | 0.69% |
| Net Income Growth % | 28.72% | 700% | -48.24% | -73% | -20.82% | 131.87% | 2.84% | 17.65% | -14.52% | -149.19% | 44.4% | -4.92% | 139.89% | 95.77% | 197.78% | 1931.82% | 227.14% | 197.42% | -7.22% | 320% |
| Net Income (Continuing) | 37.2M | 46.4M | 20.6M | 13.5M | 28.9M | 5.8M | 39.8M | 50M | 36.5M | -18.2M | 38.7M | 42.5M | 42.7M | 37M | 26.8M | 44.7M | 17.8M | 18.9M | 9M | 2.2M |
| Discontinued Operations | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| EPS (Diluted) | 0.49 | 0.60 | 0.26 | 0.17 | 0.35 | 0.07 | 0.48 | 0.60 | 0.43 | -0.22 | 0.45 | 0.50 | 0.50 | 0.43 | 0.31 | 0.53 | 0.21 | 0.22 | 0.11 | 0.03 |
| EPS Growth % | 40% | 747.46% | -45.83% | -71.67% | -18.6% | 132.18% | 6.67% | 20% | -14% | -151.16% | 45.16% | -5.66% | 138.1% | 95.45% | 181.82% | 1666.67% | 223.53% | 195.65% | -8.33% | 352.1% |
| EPS (Basic) | 0.49 | 0.60 | 0.26 | 0.17 | 0.36 | 0.07 | 0.49 | 0.61 | 0.44 | -0.22 | 0.46 | 0.50 | 0.50 | 0.44 | 0.32 | 0.53 | 0.21 | 0.22 | 0.11 | 0.03 |
| Diluted Shares Outstanding | 76.7M | 77.6M | 80.3M | 80.6M | 81.7M | 81.9M | 82.1M | 83.2M | 84.8M | 84.4M | 85.6M | 85.6M | 85.5M | 85.2M | 85.1M | 85M | 84.9M | 84.8M | 84.7M | 84.7M |
| Basic Shares Outstanding | 75.9M | 76.9M | 79.8M | 80.2M | 81.1M | 81.2M | 81.5M | 82.5M | 83.9M | 84.4M | 84.6M | 84.7M | 84.6M | 84.5M | 84.4M | 84.4M | 84.3M | 84.2M | 84.1M | 84.1M |
| Dividend Payout Ratio | 36.83% | 27.8% | 65.53% | 101.48% | 47.75% | 208.62% | 30.65% | 24.8% | 34.52% | - | 27.39% | 24.94% | 24.59% | 22.7% | 31.72% | 18.57% | 47.75% | - | - | - |