HII
FY2026 Q1 · Calendar Q2 2026
Huntington Ingalls Industries, Inc.
HII delivered a modest beat in Q1 FY2026, with revenue up 13.4% YoY to $3.1 billion and EPS of $3.79, driven by 18% shipbuilding revenue growth. However, the stock sold off sharply — down roughly 10% on the session with nearly 4x normal volume — after management maintained rather than raised full-year guidance. Coming off a Q4 report where guidance was lifted, investors appear to have expected more. The pullback is compounded by Q2 free cash flow guidance near breakeven, Ingalls margin pressure from LHA 8 schedule delays, and the challenge of generating roughly $1 billion in free cash flow in the back half. The stock has continued to drift lower since, now trading at $324, near the bottom of analyst price targets.
EPS surprise+2.4%
Market move-10.2%
