Huntington Ingalls Industries Reports Strong Q2 Results with Raised Revenue Guidance
Huntington Ingalls Industries (HII) reported second-quarter revenue of $3.4 billion for the quarter ending July 30, 2026 — a year-over-year increase of 10.9%. The growth was driven by strong performance at both shipyards and higher volumes in aircraft carriers, submarines, and amphibious assault ships. Shipbuilding segment revenue reached $2.7 billion with double-digit expansion for the fourth consecutive quarter. The company raised its full-year shipbuilding revenue guidance to between $10.2 billion and $10.4 billion from a previous range of $9.7 billion to $9.9 billion, citing throughput momentum. Shipbuilding operating margin guidance was also increased to 6%–6.5%. HII reported diluted earnings per share (EPS) of $5.27 compared to $3.86 in the prior year period. The company secured contract awards totaling $6.7 billion for Q2, bringing its total backlog to $54 billion. Management also announced a 12% improvement in shipbuilding throughput and plans to hire an additional 3,500 workers by year-end.
Tickers: $HII
Topics: guidance operating_margin revenue shipbuilding