Huntington Ingalls Industries, Inc. · HII · FY2025 Q4 · Calendar Q1 2026

HII raises growth outlook as shipbuilding throughput improves

The supplied analysis supports a constructive operating thesis for HII: record revenue, improved throughput, a raised medium-term growth outlook, and expanding unmanned-systems activity provide evidence of durable program demand. The counterweight is execution risk, particularly flat margins, higher capital needs, labor requirements, and dependence on defense funding.

Reported Before market openNYSEIndustrials $10.23B market cap
100quality score

Earnings scorecard

Reported versus consensus
Reported EPS $4.04 Consensus $3.72
EPS surprise +8.6% Reported versus consensus
Reported revenue $3.48B Consensus $3.09B
Revenue surprise +12.5% Reported versus consensus

Market reaction

prior-close to event-session close
Stock move -10.6% Event window
SPY move -1.2% Same window
Abnormal move -9.3% Stock minus SPY
Volume 2.4× Versus trailing sessions
Subsequent drift +16.2% Up to 20 sessions
HIISPY benchmark

Ask FN2 about HII FY2025 Q4

Transcript, numbers and history already loaded
Why did HII fall 10.6% after beating EPS estimates in FY2025 Q4?What changed in HII's guidance and outlook in FY2025 Q4?Give me the bull and bear case for HII after FY2025 Q4 earnings.

Free account. Your question opens in FN2 with this report's transcript and numbers attached.

Transcript intelligence

What changed

Compared with the prior quarter, the current analysis points to record FY2025 revenue, a 14% 2025 throughput improvement, a further 15% 2026 throughput target, higher 2026 capital investment, and a raised medium-term shipbuilding growth outlook. Management also highlighted the HD Hyundai memorandum and continued expansion in unmanned and high-energy laser capabilities.

Guidance delta

Management raised medium-term shipbuilding revenue growth guidance to roughly 6% and forecast 2026 free cash flow of $500-$600 million.

Key takeaways

  • Revenue grew 8.2% to $12.5 billion, with record revenue across all three divisions.
  • Shipbuilding throughput rose 14% in 2025, with another 15% increase targeted for 2026.
  • Capital investment is expected to rise to 4%-5% of sales in 2026 for shipyard upgrades and manufacturing centers.
  • Unmanned systems and high-energy laser technologies are becoming important Mission Technologies growth areas.

Management priorities

  • Deliver SSN 800, LPD 30, and preliminary acceptance of CVN 79 in 2026.
  • Hire at least 6,600 shipbuilders in 2026 and continue workforce-retention initiatives.
  • Invest in shipyard capital projects, including carrier refueling and overhaul work centers.
  • Pursue additional Virginia Block VI, Columbia Block II, CVN 75 RCOH, and CVN 82 contracts.

Follow HII with an agent that reads every filing, transcript, and price print. Free to start.

Try FN2 free

Earnings History

Estimate Beat Miss Match
HII EPS earnings history estimate and actual scatter chart 9 reported fiscal quarters and 3 future estimate-only quarters. Q1 '24 estimate $3.53 Q1 '24 actual $3.87, beat Q2 '24 estimate $3.62 Q2 '24 actual $4.38, beat Q3 '24 estimate $3.86 Q3 '24 actual $2.56, miss Q2 '25 estimate $3.23 Q2 '25 actual $3.86, beat Q3 '25 estimate $3.30 Q3 '25 actual $3.68, beat Q4 '25 estimate $3.72 Q4 '25 actual $4.04, beat Q1 '26 estimate $3.70 Q1 '26 actual $3.79, beat Q2 '26 estimate $3.79 Q2 '26 actual $5.27, beat Q3 '26 estimate $4.36 Q4 '26 estimate $5.16 Q1 '27 estimate $4.51
Show 1 more >

Analyst Consensus ?

ConsensusHold27 ratings
Bullish1140.7%
Neutral1555.6%
Bearish13.7%

Analyst 52W Price Targets

$259.64Previous close
$215Low
$297.27Average
$421High

Latest persisted target per named analyst; persisted previous close from FN2's market snapshot as of Sep 30, 2026. Not an FN2 forecast.

Firm-level rating actions

FMP grade actions identify the grading firm, not a named analyst.

FirmRatingPrior ratingActionDate
Bernstein Market Perform Market PerformMaintainSep 23, 2026
Wells Fargo Equal Weight Equal WeightMaintainAug 4, 2026
Citigroup Buy BuyMaintainJul 31, 2026
TD Cowen Buy BuyMaintainJul 13, 2026
B of A Securities Neutral UnderperformUpgradeFeb 12, 2026
Show 22 more rating actions

Named analyst price targets

Upside is calculated against the persisted previous close $259.64. FMP does not supply a rating on these named-analyst rows.

FirmAnalyst52W targetPrice when postedUpsideDate
BernsteinAnalyst unavailable$327$270.95 +25.9%Sep 23, 2026
BernsteinAnalyst unavailable$341$294.63 +31.3%Aug 25, 2026
BernsteinAnalyst unavailable$337$271.05 +29.8%Jul 17, 2026
Wells FargoAnalyst unavailable$325$289.46 +25.2%Jul 8, 2026
BernsteinDouglas Harned$421$388.26 +62.1%Feb 11, 2026
See 13 more

Track every rating change on HII the moment it posts. Free to start.

Start free

Company context

Snapshot as of publication

Huntington Ingalls Industries, Inc. (HII) stands as a prominent American enterprise specializing in the comprehensive lifecycle management of military vessels, encompassing their design, construction, modernization, and maintenance. The company's diverse operations are segmented into three core divisions: Ingalls Shipbuilding, Newport News Shipbuilding, and Technical Solutions. HII is a primary builder of non-nuclear ships, delivering amphibious assault ships, expeditionary warfare vessels, surface combatants, and national security cutters to both the U.S. Navy and U.S. Coast Guard. Furthermore, it plays a critical role in providing nuclear-powered ships, including aircraft carriers and submarines, along with essential associated services such as refueling, extensive overhauls, and inactivation procedures.…

Historical context

All HII earnings
+14.1%FY2026 Q2 · Calendar Q3 2026-10.2%FY2026 Q1 · Calendar Q2 2026

Industrials peers this season

Latest reports in the same sector
CompanyQuarterEPS surpriseMarket moveHeadline
CTAS Cintas Corporation FY2027 Q1 · Calendar Q3 2026 +3.0% -3.4% Cintas raises FY2027 guidance as Q1 growth broadens
PAYX Paychex, Inc. FY2027 Q1 · Calendar Q3 2026 +1.5% -8.8% Paychex maintains FY27 outlook as PEO and AI momentum strengthen
FPS Forgent Power Solutions, Inc. FY2026 Q4 · Calendar Q3 2026 +4.3% +9.5% Forgent Power Solutions pairs record results with an aggressive FY27 buildout
CPRT Copart, Inc. FY2026 Q4 · Calendar Q3 2026 -8.7% -2.6% Copart pairs international growth with ACV investment amid higher costs
SUNB Sunbelt Rentals Holdings Inc FY2027 Q1 · Calendar Q3 2026 +19.2% +5.9% Sunbelt raises FY27 outlook as specialty rental demand accelerates
FRO Frontline Plc FY2026 Q2 · Calendar Q3 2026 +8.0% +1.0% Frontline posts a record quarter as tanker rates remain elevated

Latest beats and misses

Who reports next

Beat on EPS

Missed on EPS

Get the HII recap when the next report posts

One email per quarter with the scorecard, the market reaction and what changed on the call. No account needed.

Sources

  1. Earnings call transcript and parsed analysis · 2026-05-11T10:29:34.698584+00:00
  2. FN2 earnings calendar · 2026-07-26T00:36:15.940040+00:00
  3. Polygon adjusted daily market bars · 2026-09-30T07:26:05.409312+00:00
  4. Financial Modeling Prep analyst price-target consensus and quote snapshot · 2026-09-30T07:26:05.406657+00:00

Methodology

Reported and consensus figures come from FN2's earnings event records. Market reaction and volume are calculated from daily adjusted bars around the event; abnormal move subtracts the SPY move over the same window.

Analyst target low, average, and high values are derived at request time from each named analyst's latest persisted FMP target. The current-price marker comes from FN2's persisted market snapshot. They are sell-side estimates, not an FN2 valuation or recommendation.

Transcript intelligence is a structured synthesis of the current and prior earnings-call analyses. Missing values stay missing and are never estimated.

By FN2 Research · Updated · As of 2026-09-30. For educational purposes only; not investment advice.