Hexcel Corp income statement

In fiscal 2025, Hexcel Corp reported revenue of $1.89bn, down 0.5% on the year before, operating income of $172m (a 9.1% margin) and net income of $109m. Every line below comes from the company's 10-K and 10-Q filings; column headings link to the filing.

Income statement

US$ millions unless shown otherwise. Fiscal years, plus the last twelve months (LTM) when newer.

Hexcel Corp: income statement, annual
Fiscal year	2009Dec 2009	2010Dec 2010	2011Dec 2011	2012Dec 2012	2013Dec 2013	2014Dec 2014	2015Dec 2015	2016Dec 2016	2017Dec 2017	2018Dec 2018	2019Dec 2019	2020Dec 2020	2021Dec 2021	2022Dec 2022	2023Dec 2023	2024Dec 2024	2025Dec 2025	LTMSept 2026
Revenue	1,108	1,174	1,392	1,578	1,678	1,856	1,861	2,004	1,973	2,189	2,356	1,502	1,325	1,578	1,789	1,903	1,894	2,019
Cost of revenue	—	—	—	—	—	—	—	1,440	1,422	1,608	1,715	1,263	1,075	1,221	1,356	1,433	1,459	1,509
Gross profit	249	283	342	407	454	509	533	565	552	581	640	240	250	357	433	470	435	509
Research and development	30	31	33	37	42	48	44	47	49	56	57	47	45	46	53	57	56	66
Selling, general and administrative	107	119	121	131	141	149	156	158	152	146	159	121	135	148	164	177	169	183
Operating income	104	130	192	249	271	306	332	360	351	371	425	14	52	175	215	186	172	246
Interest expense	26	23	12	10	7	8	14	22	27	38	46	42	38	36	34	31	38	48
Income before tax	78	100	176	238	263	297	318	338	323	334	380	−28	22	150	110	155	135	—
Income tax	22	23	42	74	76	89	83	90	43	63	77	−61	6	32	12	23	26	28
Net income	56	77	136	164	188	209	237	250	284	277	307	32	16	126	106	132	109	172
Diluted EPS	$0.57	$0.77	$1.35	$1.61	$1.84	$2.12	$2.44	—	—	—	—	—	—	—	—	—	—	$2.23
Diluted shares (average)	98m	100m	101m	102m	102m	99m	97m	94m	92m	89m	86m	84m	85m	85m	86m	83m	80m	77m
EBITDA	150	183	247	306	330	377	409	453	455	494	567	155	190	301	340	310	294	368

US$ millions unless shown otherwise. Fiscal quarters.

Hexcel Corp: income statement, quarterly
Quarter	2024 Q4Dec 2024	2025 Q1Mar 2025	2025 Q2Jun 2025	2025 Q3Sept 2025	2025 Q4Dec 2025	2026 Q1Mar 2026	2026 Q2Jun 2026	2026 Q3Sept 2026
Revenue	474	457	490	456	491	502	529	496
Cost of revenue	355	354	378	356	370	367	391	381
Gross profit	119	102	112	100	121	135	138	116
Research and development	14	14	14	14	14	18	17	16
Selling, general and administrative	48	43	43	41	42	49	47	45
Operating income	9	44	30	36	61	58	73	55
Interest expense	8	8	9	9	12	12	12	12
Income before tax	1	36	—	—	—	46	—	—
Income tax	−5	7	8	6	4	8	11	4
Net income	6	29	14	21	46	37	49	39
EBITDA	40	74	61	67	92	88	103	85

EBITDA is operating income plus depreciation and amortisation. EPS and share counts are restated for stock splits. A dash means the company did not report the line for that period; expense lines are shown as reported, so they need not add up to the totals when a company reports other items between them.

Compare with peers

Head to head: HXL vs KTOS AXON vs HXL AIR vs HXL

More: Aerospace & Defense stocks compared, Industrials sector, rankings of US companies

Figures from Hexcel Corp's SEC filings (10-K and 10-Q), retrieved October 23, 2026. How we read and check them: methodology and data sources. Not investment advice. Back to Hexcel Corp.