Huntington Ingalls Industries

HII Q4 2025 Earnings

Reported Feb 5, 2026 at 7:16 AM ET · SEC Source

Q4 25 EPS

$4.04

BEAT +5.03%

Est. $3.85

Q4 25 Revenue

$3.48B

BEAT +12.18%

Est. $3.10B

vs S&P Since Q4 25

-28.9%

TRAILING MARKET

HII -22.7% vs S&P +6.2%

Full Year 2025 Results

FY 25 EPS

$15.39

FY 25 Revenue

$12.48B

Market Reaction

Did HII Beat Earnings? Q4 2025 Results

Huntington Ingalls Industries closed Q4 2025 with a decisive beat on both the top and bottom lines, as the Newport News, Virginia-based shipbuilder posted revenue of $3.48 billion, running 12.18% ahead of the $3.10 billion consensus and marking 15.7%… Read more Huntington Ingalls Industries closed Q4 2025 with a decisive beat on both the top and bottom lines, as the Newport News, Virginia-based shipbuilder posted revenue of $3.48 billion, running 12.18% ahead of the $3.10 billion consensus and marking 15.7% year-over-year growth, while diluted EPS of $4.04 cleared the $3.85 Street estimate by 5.03%. The standout driver was sharply improved execution across all three business segments, most notably at Newport News Shipbuilding, where favorable cumulative catch-up adjustments on the Virginia-class submarine program helped lift consolidated operating income 56.4% to $172.00 million and expand operating margin by 129 basis points to 4.9%. For the full year, free cash flow surged to $800.00 million from just $40.00 million in 2024, underscoring the breadth of the operational turnaround. Looking ahead, HII guided FY2026 free cash flow of $500 million to $600 million and set a medium-term revenue target exceeding $16.00 billion by 2030, supported by roughly 15% targeted shipbuilding throughput growth next year, including expanding use of AI-enabled welding technology across its shipyards.

Key Takeaways

  • Higher volumes in submarines and aircraft carriers at Newport News Shipbuilding
  • Higher volumes in amphibious assault ships and surface combatants at Ingalls Shipbuilding
  • Lower unfavorable cumulative catch-up adjustments in Virginia-class submarine construction
  • Favorable contract adjustments on Virginia-class submarine program
  • Higher volumes and performance in Warfare Systems, Global Security, and Unmanned Systems at Mission Technologies
  • Lower purchased intangible amortization at Mission Technologies
  • ~14% shipbuilding throughput growth achieved in 2025
  • Doubled outsourced hours in 2025
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HII YoY Financials

Q4 2025 vs Q4 2024, source: SEC Filings

24/7 Wall St

HII Revenue by Segment

With YoY comparisons, source: SEC Filings

Q2 25 Q1 26

“We made solid progress on our operational initiatives in 2025 and enter 2026 with strong momentum. With more than 40 ships at Ingalls and Newport News in active construction or modernization, our focus in 2026 is clear: We must build on this momentum, and continue to increase our shipbuilding throughput. The U.S. Navy and all of our defense customers need our ships and technologies now more than ever and we are committed to delivering for our customer and the nation.”

— Chris Kastner, Q4 2025 Earnings Press Release