Inferra AI / Company / HXL

Hexcel Corp

HXL · Materials

Last earnings Oct 21, 2026

Key results

GAAP EPSquarter

$0.26

• Q3 2025 GAAP diluted EPS of $0.26 compared to Q3 2024 GAAP diluted EPS of $0.49.

SEC original ↗Hexcel Corp — Earnings release (8-K exhibit)EX-99Oct 22, 2025

Adjusted EPSquarter

$0.37

• Q3 2025 adjusted diluted EPS of $0.37, compared to Q3 2024 adjusted diluted EPS of $0.47.

SEC original ↗Hexcel Corp — Earnings release (8-K exhibit)EX-99Oct 22, 2025

Revenuequarter

$456 million

October 22, 2025 – Hexcel Corporation (NYSE: HXL) today reported third quarter 2025 results including net sales of $456 million and adjusted diluted EPS of $0.37 per share.

SEC original ↗Hexcel Corp — Earnings release (8-K exhibit)EX-99Oct 22, 2025

Consolidated Operations gross marginquarter

21.9%

Consolidated Operations Gross margin for the third quarter of 2025 was 21.9% compared to 23.3% in the third quarter of 2024 as inventory reduction actions and sales mix led to unfavorable cost leverage.

SEC original ↗Hexcel Corp — Earnings release (8-K exhibit)EX-99Oct 22, 2025

Adjusted operating incomequarter

$44.8 million

Adjusted operating income in the third quarter of 2025 was $44.8 million or 9.8% of sales, compared to $52.9 million, or 11.6% of sales in 2024.

SEC original ↗Hexcel Corp — Earnings release (8-K exhibit)EX-99Oct 22, 2025

Consolidated Operations gross marginytd

23.3%

Consolidated Operations Gross margin for the first nine months of 2025 was 23.3% compared to 24.6% in the prior year period.

SEC original ↗Hexcel Corp — Earnings release (8-K exhibit)EX-99Oct 22, 2025

Adjusted operating incomeytd

$144.3 million

Adjusted operating income for the first nine months of 2025 was $144.3 million or 10.3% of sales, compared to $179.0 million or 12.5% of sales in 2024.

SEC original ↗Hexcel Corp — Earnings release (8-K exhibit)EX-99Oct 22, 2025

Free cash flowytd

$49.9 million

Free cash flow was $49.9 million in the first nine months of 2025 compared to $58.9 million in the first nine months of 2024.

SEC original ↗Hexcel Corp — Earnings release (8-K exhibit)EX-99Oct 22, 2025

AI analysis

Q3 2025 · reported Oct 22, 2025

Based on: Earnings release + parent 8-K — transcript not held

Revenue · Q3 2025

$456M

EX-99 · Oct 22, 2025

GAAP EPS · Q3 2025

$0.26

EX-99 · Oct 22, 2025

Consolidated Operations gross margin · Q3 2025

21.9%

-1.4 pts vs year ago computed from stated figures

EX-99 · Oct 22, 2025

Adjusted operating income · Q3 2025

$44.8M

EX-99 · Oct 22, 2025

The quarter in charts

GAAP gross margin

Percent of revenue, as stated

EX-99 · Oct 22, 2025 Margin values as stated in the release.

Guidance ladder — revenue

Delivered vs the company's guided range

Q3 2025 delivered$456M

Guided range (company-stated)$1.9B · midpoint $1.9B

0$B

EX-99 · Oct 22, 2025 Guide as stated by the company; range and midpoint computed from the stated figure.

Headline figures

Metric	Q3 2025	Prior qtr	Year ago
GAAP EPS	$0.26	—	—
Adjusted EPS	$0.37	—	—
Revenue	$456 million	—	—
Consolidated Operations gross margin	21.9%	—	23.3%
Adjusted operating income	$44.8 million	—	—

EX-99 · Oct 22, 2025

Guidance · company-stated

Direction: Reiterated

Revenue$1.88 billion

“2025 Guidance • Sales of around $1.88 billion (previously $1.88 billion to $1.95 billion) 3 • Adjusted diluted earnings per share of $1.70 to $1.80- reflects impact of tariffs (previously $1.85 to $2.05- did not reflect tariffs) • Free cash flow of approximately $190 million (unchanged) • Capital expenditures less than $90 million (unchanged) • Effective tax rate of 21.0%, excluding discrete tax items (unchanged) ***** Hexcel will host a conference call at 9:00 a.”

Company outlook — Raised

“Looking forward to 2026, we are seeing strong orders from the commercial aerospace OEMs to support the production rate increases they are forecasting for their key programs.”

Midpoint vs latest-quarter revenue+312.3%computed from stated figures

Classified from the release's primary full-year outlook statement.

Next earningsNo verified date on fileNo date is estimated or imported

Margin

Consolidated Operations gross margin21.9%

Consolidated Operations gross margin23.3%

Cash flow & capex

Free cash flow$49.9M

Capital allocation

Capex$55.1M

• $350 million accelerated share repurchase (ASR) announced.

What changed vs last quarter

Guide midpoint vs latest-quarter revenue +312.3% computed from stated figures

General educational research only — not investment advice.Every figure is as stated in the held documents; values marked “computed from stated figures” are arithmetic on those stated figures. Guidance shown is the company’s own stated guidance. No price targets, no recommendations, no consensus estimates.

Event summary

• Divested industrial business in Austria as previously announced • 2025 guidance revised (reflects impact of tariffs)

Based on: Earnings release + parent 8-K — transcript not held

Guidance & outlook

Direction: Reiterated

Revenue: “2025 Guidance • Sales of around $1.88 billion (previously $1.88 billion to $1.95 billion) 3 • Adjusted diluted earnings per share of $1.70 to $1.80- reflects impact of tariffs (previously $1.85 to $2.05- did not reflect tariffs) • Free cash flow of approximately $190 million (unchanged) • Capital expenditures less than $90 million (unchanged) • Effective tax rate of 21.0%, excluding discrete tax items (unchanged) ***** Hexcel will host a conference call at 9:00 a.”

Revenue — Lowered (“reduced”)
“As we consider tariffs, inflation and the fourth quarter 2025 impact of some lingering destocking, we expect to be at the bottom end of our 2025 sales guidance and we have reduced our EPS guidance.”

Company outlook — Raised (“increases”)
“Looking forward to 2026, we are seeing strong orders from the commercial aerospace OEMs to support the production rate increases they are forecasting for their key programs.”

Revenue — Reiterated (“unchanged”)
“2025 Guidance • Sales of around $1.88 billion (previously $1.88 billion to $1.95 billion) 3 • Adjusted diluted earnings per share of $1.70 to $1.80- reflects impact of tariffs (previously $1.85 to $2.05- did not reflect tariffs) • Free cash flow of approximately $190 million (unchanged) • Capital expenditures less than $90 million (unchanged) • Effective tax rate of 21.0%, excluding discrete tax items (unchanged) ***** Hexcel will host a conference call at 9:00 a.”

Classified from the release's primary full-year outlook statement.

Capital allocation

• $350 million accelerated share repurchase (ASR) announced.

SEC original ↗Hexcel Corp — Earnings release (8-K exhibit)EX-99Oct 22, 2025

Free cash flow is cash from operations less capital expenditures.

SEC original ↗Hexcel Corp — Earnings release (8-K exhibit)EX-99Oct 22, 2025

Gentile continued, “Given this increasing confidence in original equipment build rates and Hexcel’s strong position supplying lightweight carbon fiber composite material used in every program, we believe now is an attractive time to repurchase even more Hexcel stock.

SEC original ↗Hexcel Corp — Earnings release (8-K exhibit)EX-99Oct 22, 2025

The Board of Directors has authorized an additional $600 million for repurchases and Hexcel has entered into a $350 million accelerated share repurchase as part of that authorization.

SEC original ↗Hexcel Corp — Earnings release (8-K exhibit)EX-99Oct 22, 2025

Capital expenditures on a cash basis were $55.1 million for the first nine months of 2025 compared to $68.4 million for the same period in 2024.

SEC original ↗Hexcel Corp — Earnings release (8-K exhibit)EX-99Oct 22, 2025

Free cash flow is defined as cash generated from operating activities less cash paid for capital expenditures.

SEC original ↗Hexcel Corp — Earnings release (8-K exhibit)EX-99Oct 22, 2025

Strategy & priorities

These increasing sales in 2026 and beyond will drive higher capacity utilization, unlocking the volume leverage that will fuel future margin expansion.

SEC original ↗Hexcel Corp — Earnings release (8-K exhibit)EX-99Oct 22, 2025

Risks & headwinds

• Divested industrial business in Austria as previously announced • 2025 guidance revised (reflects impact of tariffs).

SEC original ↗Hexcel Corp — Earnings release (8-K exhibit)EX-99Oct 22, 2025

As we consider tariffs, inflation and the fourth quarter 2025 impact of some lingering destocking, we expect to be at the bottom end of our 2025 sales guidance and we have reduced our EPS guidance.

SEC original ↗Hexcel Corp — Earnings release (8-K exhibit)EX-99Oct 22, 2025

2025 Guidance • Sales of around $1.88 billion (previously $1.88 billion to $1.95 billion) 3 • Adjusted diluted earnings per share of $1.70 to $1.80- reflects impact of tariffs (previously $1.85 to $2.05- did not reflect tariffs) • Free cash flow of approximately $190 million (unchanged) • Capital expenditures less than $90 million (unchanged) • Effective tax rate of 21.0%, excluding discrete tax items (unchanged) ***** Hexcel will host a conference call at 9:00 a.

SEC original ↗Hexcel Corp — Earnings release (8-K exhibit)EX-99Oct 22, 2025

Documents