Every 10-Q that Hexcel Corporation (HXL) has filed with the SEC in the last 24 months is listed below, newest first, and each one links through to the document itself with the summary and the scores our analysis gives it.
A 10-Q covers the quarterly report filed between annual reports, so if you follow HXL and want that one kind of document rather than the whole filing history, this is the page to keep. The company's other filings, of every form, are on the full HXL filings page.
Hexcel Corporation reported stronger results for the quarter and six months ended June 30, 2026. Net sales reached $529.3 million in the quarter and $1,030.8 million year‑to‑date, increases of 8.0% and 8.9% over 2025. Quarterly operating income rose to $72.6 million from $30.0 million, lifting operating margin to 13.7% from 6.1%. Net income for the quarter was $49.3 million versus $13.5 million, with diluted EPS improving to $0.64 from $0.17.
Growth was driven by Commercial Aerospace, where sales increased 18.3% in the quarter to $346.6 million and 18.5% year‑to‑date to $679.3 million, reflecting higher deliveries on Airbus and Boeing programs. Defense, Space & Other sales declined 7.2% in the quarter, partly reflecting a 2025 industrial divestiture. First‑half operating cash flow improved to $96.7 million from a $5.2 million outflow, while long‑term debt stood at $959.4 million and total assets at $2,730.6 million. The company refinanced its revolving credit facility, issued $400 million of 4.9% senior notes due 2031, redeemed $400 million of 3.95% notes due 2027, and completed a $350 million accelerated share repurchase totaling 4.52 million shares, leaving $380.6 million authorized for further buybacks.
Hexcel Corporation reported stronger results for the quarter ended March 31, 2026, with net sales of $501.5 million, up 9.9% from $456.5 million a year earlier, driven mainly by commercial aerospace demand.
Commercial aerospace revenue rose 18.8% to $332.7 million, while Defense, Space & Other fell 4.3% to $168.8 million, partly reflecting a prior industrial divestiture. Gross margin improved to 26.9% of sales from 22.4%, lifting operating income 30.3% to $57.6 million.
Net income increased to $37.2 million from $28.9 million, and diluted EPS grew to $0.49 from $0.35. Free cash flow remained negative at $(6.2) million, as $25.2 million of capital spending exceeded $19.0 million of operating cash flow.
Hexcel refinanced its senior unsecured credit facility with a new $750 million agreement maturing in 2031 and ended the quarter with $998.1 million of total debt, $54.1 million of cash, and $450.0 million of undrawn revolver availability. The company also completed a $350 million accelerated share repurchase at an average price of $77.38 per share and recorded $5.5 million of restructuring charges tied to shutting down industrial manufacturing at its Leicester, UK facility.
Hexcel (HXL) reported Q3 2025 results with net sales of $456.2 million and diluted EPS of $0.26. Sales were flat year over year, but mix shifted: Commercial Aerospace declined 7.3% to $274.2 million, while Defense, Space & Other rose 13.3% to $182.0 million. Gross margin compressed to 21.9% from 23.3% on sales mix, tariffs, and inventory reduction actions.
Year-to-date, operating cash flow was $105.0 million. The company issued $300 million of 5.875% senior notes due 2035 and redeemed $300 million of 4.7% notes due 2025; the credit facility had $60.0 million drawn with $690.0 million undrawn as of September 30. Hexcel recognized a $3.4 million charge on divesting its Austria operations and recorded $25.3 million in restructuring charges year to date.
Capital returns accelerated: Hexcel repurchased $100.9 million of shares year to date under the 2024 plan, then approved a new $600 million authorization and launched a $350 million accelerated share repurchase on October 22, funded by a planned $350.0 million facility draw. Shares outstanding were 79,605,875 as of October 20, 2025.