HON
FY2026 Q2 · Calendar Q3 2026
Honeywell International Inc.
Honeywell delivered a Q2 2026 beat with $1.95 adjusted EPS versus $1.80 consensus and $5.19B revenue versus $5.03B consensus, driven by 4% organic sales growth and 16% organic order growth. The company raised its full-year outlook for segment margin and adjusted EPS, completed the Johnson Matthey Catalyst Technologies acquisition on July 17, and finished divestitures of Productivity Solutions and Warehouse & Workflow two months ahead of schedule. The Quantinuum IPO was completed with Honeywell retaining a 47% stake. Management's confidence is underpinned by a 9% backlog increase and strong short-cycle order momentum, though the organic sales growth range narrowed to 3-4% from 3-6% as completed divestitures removed approximately $400M in revenue. The stock posted a 6.9% abnormal return on the report session.
EPS surprise+8.3%
Market move+5.7%
