Extra charges revise Honeywell (NASDAQ: HON) 2025 earnings but guidance held
Filing Impact
Filing Sentiment
Form Type
8-K
Rhea-AI Filing Summary
Honeywell International filed its 2025 Form 10-K and disclosed additional impairment charges tied to the planned sale of its Productivity Solutions and Services and Warehouse and Workflow Solutions businesses. These units were previously classified as assets held for sale as part of a portfolio optimization strategy.
The extra charges include an incremental goodwill impairment of $436 million in the Industrial Automation segment and a $35 million impairment on assets held for sale, partly offset by a $61 million tax benefit. As a result, full-year 2025 reported earnings per share from continuing operations were revised to $6.94.
Reported net income from continuing operations was revised to $4,468 million, operating income to $5,573 million, and operating margin to 14.9%. Honeywell stated that these non-cash adjustments do not change its previously announced adjusted 2025 results or its 2026 guidance, which it reaffirmed while continuing to target a sale of the PSS and WWS businesses in the first half of 2026.
Positive
- None.
Negative
- None.
Insights
Honeywell took sizable non-cash impairments but kept 2026 guidance intact.
Honeywell recorded an additional $436 million goodwill impairment in Industrial Automation and a $35 million impairment on assets held for sale, partly offset by a $61 million tax benefit. These are linked to the planned sale of the PSS and WWS businesses classified as held for sale in late 2025.
The revisions lower 2025 reported metrics, including earnings per share from continuing operations to
The divestiture of PSS and WWS is part of a portfolio optimization strategy focused on Honeywell’s core automation portfolio, and the company continues to expect announcing a sale in the first half of
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
Form 8-K
CURRENT REPORT
PURSUANT TO SECTION 13 OR 15(D) OF THE SECURITIES EXCHANGE ACT OF 1934
DATE OF REPORT – February 17, 2026
(Date of earliest event reported)
(Exact name of Registrant as specified in its Charter)
| (State or other jurisdiction of incorporation) | (Commission File Number) | (I.R.S. Employer Identification Number) | ||||||
......(Address of principal executive offices).................................................(Zip Code)
Registrant’s telephone number, including area code: (704 ) 627-6200
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
| Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) | |||||
| Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) | |||||
| Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) | |||||
| Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) | |||||
Securities registered pursuant to Section 12(b) of the Act:
| Title of each class | Trading Symbol(s) | Name of each exchange on which registered | ||||||||||||
Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).
Emerging Growth Company ☐
If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐
Item 7.01 Regulation FD Disclosure
On February 17, 2026, Honeywell International Inc., a Delaware corporation (“Honeywell”), filed its Annual Report on Form 10-K for the fiscal year ended December 31, 2025, with the U.S. Securities and Exchange Commission.
As previously disclosed in its January 29, 2026 press release announcing fourth quarter and full year 2025 earnings (the “Earnings Release”), Honeywell classified its Productivity Solutions and Services (“PSS”) and Warehouse and Workflow Solutions (“WWS”) businesses as assets held for sale during the fourth quarter of 2025 and announced impairment charges for the PSS and WWS assets held for sale that were reflected in the Honeywell’s year-end results. In connection with Honeywell’s ongoing sale process for the businesses, it reviews information relevant to the financial analysis associated with the sale as it becomes available. As a result, after the Earnings Release, Honeywell recorded incremental impairment charges that are reported in the Annual Report on Form 10-K.
On February 17, 2026, Honeywell issued a press release describing the financial impact of these adjustments, a copy of which is furnished as Exhibit 99.1 hereto.
The information furnished pursuant to this Item 7.01 shall not be deemed “filed” for purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the “Exchange Act”), or otherwise subject to the liabilities under that Section and shall not be deemed to be incorporated by reference into any filing under the Securities Act of 1933, as amended, or the Exchange Act.
Item 9.01 Financial Statements and Exhibits
(d) Exhibits
The following exhibits are filed as part of this report:
Exhibit # | Description | |||||||
| 99.1 | Press Release of Honeywell International Inc., dated as of February 17, 2026 | |||||||
| 104 | Cover Page Interactive Data File (embedded within the Inline XBRL document) | |||||||
SIGNATURE
Pursuant to the requirements of the Securities Exchange Act of 1934, as amended, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
| Date: | February 17, 2026 | HONEYWELL INTERNATIONAL INC. | |||||||||||||||
By: /s/ Su Ping Lu | |||||||||||||||||
| Su Ping Lu | |||||||||||||||||
| Senior Vice President, General Counsel and Corporate Secretary | |||||||||||||||||
Exhibit 99.1
Contacts: | |||||
| Media | Investor Relations | ||||
| Stacey Jones | Mark Macaluso | ||||
| (980) 378-6258 | (704) 627-6118 | ||||
| Stacey.Jones@honeywell.com | Mark.Macaluso@honeywell.com | ||||
HONEYWELL FILES ANNUAL REPORT ON FORM 10-K FOR FISCAL YEAR 2025
CHARLOTTE, N.C., February 17, 2026 -- Honeywell (NASDAQ: HON) today filed its Annual Report on Form 10-K for the fiscal year ended December 31, 2025, with the U.S. Securities and Exchange Commission.
As previously disclosed in its January 29, 2026 press release announcing fourth quarter and full year 2025 earnings (the “Earnings Release”), Honeywell classified the Productivity Solutions and Services (“PSS”) and Warehouse and Workflow Solutions (“WWS”) businesses as assets held for sale during the fourth quarter of 2025. The PSS and WWS businesses are planned for sale as part of Honeywell’s ongoing portfolio optimization strategy, allowing Honeywell to focus on its core automation portfolio. In addition, in the Earnings Release, Honeywell announced impairment charges for the PSS and WWS assets held for sale that were reflected in the Company’s year-end results.
In connection with Honeywell’s ongoing sale process for the businesses, the Company continually evaluates information relevant to the financial analysis associated with the sale as it becomes available. Subsequent to the Earnings Release, the Company received incremental information that resulted in additional impairment charges that are reported in the 2025 Annual Report on Form 10-K that the Company filed on February 17, 2026. The additional impairment charges include, relative to the corresponding impairment charges referenced in the Earnings Release, an incremental goodwill impairment charge of $436 million associated with Honeywell’s Industrial Automation reportable segment and an impairment charge on assets held for sale of $35 million, with an offsetting tax benefit of $61 million. Therefore, Honeywell’s full-year reported earnings per share from continuing operations was revised to $6.94, net income from continuing operations was revised to $4,468 million, operating income was revised to $5,573 million, and operating margin was revised to 14.9%. However, these incremental charges do not change Honeywell’s previously announced adjusted fourth quarter or full-year 2025 results or 2026 guidance, which the Company reaffirms today.
As previously announced, Honeywell continues to expect to announce the sale of the PSS and WWS businesses in the first half of 2026.
The Company's Annual Report on Form 10-K, including its audited financial statements and Management's Discussion and Analysis of Financial Condition and Results of Operations, is available on Honeywell's Investor Relations website at investor.honeywell.com under the heading “Financials” (see “SEC Filings”) and on the SEC's website at www.sec.gov.
About Honeywell
Honeywell is an integrated operating company serving a broad range of industries and geographies around the world, with a portfolio that is underpinned by our Honeywell Accelerator operating system and Honeywell Forge platform. As a trusted partner, we help organizations solve the world's toughest, most complex challenges, providing actionable solutions and innovations for aerospace, building automation, industrial automation, process automation, and process technology that help make the world smarter and safer as well as more sustainable. For more news and information on Honeywell, please visit www.honeywell.com/newsroom.
Additional Information
Honeywell uses our Investor Relations website, www.honeywell.com/investor, as a means of disclosing information which may be of interest or material to our investors and for complying with disclosure obligations under Regulation FD. Accordingly, investors should monitor our Investor Relations website, in addition to following our press releases, SEC filings, public conference calls, webcasts, and social media.
Forward-Looking Statements
We describe many of the trends and other factors that drive our business and future results in this release. Such discussions contain forward-looking statements within the meaning of Section 21E of the Securities Exchange Act of 1934, as amended (the “Exchange Act”), including statements related to the proposed separation of Honeywell from Honeywell Aerospace and the planned sale of the Productivity Solutions and Services and Warehouse and Workflow Solutions businesses. Forward-looking statements are those that address activities, events, or developments that we or our management intend, expect, project, believe, or anticipate will or may occur in the future. They are based on management’s assumptions and assessments in light of past experience and trends, current economic and industry conditions, expected future developments, and other relevant factors, many of which are difficult to predict and outside of our control, including Honeywell's current expectations, estimates, and projections regarding the proposed separation of Honeywell from Honeywell Aerospace and the planned sale of the Productivity Solutions and Services and Warehouse and Workflow Solutions businesses. They are not guarantees of future performance, and actual results, developments, and business decisions may differ significantly from those envisaged by our forward-looking statements, including the proposed separation of Honeywell from Honeywell Aerospace and the planned sale of the Productivity Solutions and Services and Warehouse and Workflow Solutions businesses, and the anticipated benefits of each. We do not undertake to update or revise any of our forward-looking statements, except as required by applicable securities law. Our forward-looking statements are also subject to material risks and uncertainties, including ongoing macroeconomic and geopolitical risks, such as changes in or application of trade and tax laws and policies, including the impacts of tariffs and other trade barriers and restrictions, lower GDP growth or recession in the U.S. or globally, supply chain disruptions, capital markets volatility, inflation, and certain regional conflicts, which can affect our performance in both the near- and long-term. In addition, no assurance can be given that any plan, initiative, projection, goal, commitment, expectation, or prospect set forth in this release can or will be achieved. These forward-looking statements should be considered in light of the information included in this release, our Form 10-K, and our other filings with the Securities and Exchange Commission. Any forward-looking plans described herein are not final and may be modified or abandoned at any time.
FAQ
What did Honeywell (HON) announce about additional 2025 impairment charges?
Honeywell announced extra non-cash impairment charges tied to the planned sale of its Productivity Solutions and Services and Warehouse and Workflow Solutions businesses. These include an incremental $436 million goodwill impairment and a $35 million impairment on assets held for sale, partly offset by a $61 million tax benefit.
How did Honeywell (HON) revise its 2025 reported earnings and margins?
Honeywell revised full-year 2025 reported earnings per share from continuing operations to $6.94. It also updated net income from continuing operations to $4,468 million, operating income to $5,573 million, and operating margin to 14.9%, reflecting the additional impairment charges related to assets held for sale.
Do Honeywell’s additional impairment charges change its 2026 guidance?
Honeywell stated that the incremental impairment charges do not change its previously announced adjusted fourth-quarter or full-year 2025 results. Importantly, the company also reaffirmed its 2026 guidance, indicating management’s expectations for future performance remain unchanged despite the revised reported figures.
What is Honeywell (HON) planning for the PSS and WWS businesses?
Honeywell plans to sell its Productivity Solutions and Services and Warehouse and Workflow Solutions businesses as part of a broader portfolio optimization strategy. The company continues to expect announcing the sale of these businesses in the first half of 2026, focusing more tightly on its core automation portfolio afterward.
Which Honeywell 2025 segment was affected by the incremental goodwill impairment?
The additional goodwill impairment of $436 million is associated with Honeywell’s Industrial Automation reportable segment. This charge reflects updated information obtained during the ongoing sale process for the Productivity Solutions and Services and Warehouse and Workflow Solutions businesses that were classified as assets held for sale in the fourth quarter of 2025.
Where can investors access Honeywell’s 2025 Form 10-K and related details?
Investors can access Honeywell’s 2025 Form 10-K, including audited financial statements and Management’s Discussion and Analysis, on its Investor Relations website under “Financials” and “SEC Filings.” The same report is also available on the U.S. Securities and Exchange Commission’s website at www.sec.gov for broader public review.
Filing Exhibits & Attachments
5 documentsPress Releases
Honeywell Intl Inc
NASDAQ:HON
HON Rankings
HON Latest News
Feb 13, 2026
HONEYWELL ANNOUNCES QUARTERLY DIVIDEND