Huntington Ingalls Industries, Inc. (HII) Earnings Call Transcripts

Huntington Ingalls Industries, Inc.'s Latest Earnings Call - Q2 FY2026

In the second quarter of fiscal year 2026, Huntington Ingalls Industries (HII) reported revenues of $3.4 billion and diluted earnings per share (EPS) of $5.27, reflecting a year-over-year revenue increase of 10.9%. The company raised its shipbuilding revenue guidance for 2026 to a range of $10.2 billion to $10.4 billion, driven by strong demand and operational improvements. Management highlighted a robust contract award total of $6.7 billion for the quarter, indicating continued momentum in their shipbuilding and mission technologies segments.

Reported metrics

Guidance from management

Management raised the shipbuilding revenue guidance for 2026 to between $10.2 billion and $10.4 billion, and maintained the Mission Technologies revenue guidance of $3 billion to $3.2 billion. They expect shipbuilding operating margins to be between 6% and 6.5%.

What management said

Yes, we've made real good progress, right? We had 14% last year in throughput. We expect 15% this year. Newport News has had a great start of the year over the first 2 quarters relative to throughput, primarily on the submarine programs. Ingalls had a bit of a slow start this year related to labor and labor growth and that's really tied to getting their labor agreement done in March. I actually, fortunately enough, h...

Yes. I can add to that we are delivering 5 ships over the next 12 months. I said that in my script as well, 3 of those in Ingalls. So it's critical we get through those on schedule to get those ships to the Navy, but also critically, you going to rotate those crews to the next ships in the production line. So that's also very important.

What analysts pressed on

Analysts expressed concerns regarding the potential flat revenue growth in the back half of the year compared to the strong performance in the first half. There were also questions about the sustainability of margin improvements and the impact of labor costs on future profitability.

Main topics on the call

• Revenue Growth and Guidance Increase — HII reported second quarter sales of $3.4 billion, a 10.9% increase year-over-year. Management raised the 2026 shipbuilding revenue guidance to between $10.2 billion and $10.4 billion, citing strong demand and operationa...
• Strong Shipbuilding Performance — Shipbuilding sales reached $2.7 billion, up 16% year-over-year, marking the fourth consecutive quarter of double-digit growth. "Shipbuilding sales were $2.7 billion, 16% ahead year-over-year and reflect our fourth consec...
• Mission Technologies Segment Performance — Mission Technologies reported $760 million in sales, a 3.9% decrease compared to the previous year, primarily due to lower volumes in global security. However, management noted that excluding a nonrecurring contract reso...
• Operational Improvements and Workforce Development — HII achieved a 12% improvement in shipbuilding throughput year-to-date and plans to increase this to 15% for the full year. Management emphasized their focus on workforce development, having hired over 3,500 shipbuilders...

Read the full Huntington Ingalls Industries, Inc. transcript (Q2 FY2026) → Summary generated from the call transcript; every figure above is stated by management on the record.

Earnings Call History

EarningsCalls.dev has 43 Huntington Ingalls Industries, Inc. earnings call transcripts on record, spanning February 13, 2020 to July 30, 2026. Based on this history, Huntington Ingalls Industries, Inc. reports quarterly. The most recent call on file is dated July 30, 2026. The full list is below — each row opens the complete, free-to-read transcript.

Ticker

HII

Exchange

NYSE

Country

US

Sector

Industrials

Industry

Aerospace and Defense

Calls on record

43

First call

February 13, 2020

Most recent

July 30, 2026

Reporting cadence

quarterly