# HOWMET AEROSPACE INC. (HWM) FY2025 Annual P&L / Income Statement - Company: HOWMET AEROSPACE INC. (HWM) - Period: 2025-01-01 to 2025-12-31 - Filing: FY2025 10-K, filed 2026-02-12, accession number 0000004281-26-000012 - Page: https://plicit.ai/financials/hwm/fy2025-annual-income-statement - Chart image: https://plicit.ai/charts/hwm-fy2025-annual-income-statement-sankey.png ## Chart details: Revenue by Product and Service Income statement for 2025-01-01 through 2025-12-31. View: Product and service. Revenue uses this breakdown; costs and expenses retain the consolidated categories. - **Sales (C)**: 8,252,000,000 US dollars - **Cost of revenue (calculated)**: 5,432,000,000 US dollars - **Gross profit (calculated)**: 2,820,000,000 US dollars - **Operating expenses (calculated)**: 774,000,000 US dollars - **Operating income**: 2,046,000,000 US dollars - **Other income (expense), net (calculated)**: negative 206,000,000 US dollars - **Income before income taxes**: 1,840,000,000 US dollars - **Provision for income taxes (H)**: 332,000,000 US dollars - **Net income**: 1,508,000,000 US dollars - **Aerospace - Commercial**: 4,322,000,000 US dollars - **Aerospace - Defense**: 1,409,000,000 US dollars - **Commercial Transportation**: 1,248,000,000 US dollars - **Gas Turbines**: 944,000,000 US dollars - **Other**: 329,000,000 US dollars - **Cost of goods sold (exclusive of expenses below)**: 5,432,000,000 US dollars - **Research and development expenses**: 37,000,000 US dollars - **Restructuring and other charges (D)**: 84,000,000 US dollars - **Provision for depreciation and amortization**: 283,000,000 US dollars - **Selling, general administrative, and other expenses**: 370,000,000 US dollars ### Chart connections - Revenue less cost of revenue equals gross profit; gross profit less operating expenses equals operating income. - Operating income plus other income or expense equals income before tax. Income before tax less income tax expense or benefit equals net income. ## Chart details: Revenue by Business Segment (4 categories) - Page: https://plicit.ai/financials/hwm/fy2025-annual-income-statement/revenue-by-business-segment-4-categories - Chart image: https://plicit.ai/charts/hwm-fy2025-annual-revenue-by-business-segment-4-categories-sankey.png Income statement for 2025-01-01 through 2025-12-31. View: Business segment (4 categories). Revenue uses this breakdown; costs and expenses retain the consolidated categories. - **Sales (C)**: 8,252,000,000 US dollars - **Cost of revenue (calculated)**: 5,432,000,000 US dollars - **Gross profit (calculated)**: 2,820,000,000 US dollars - **Operating expenses (calculated)**: 774,000,000 US dollars - **Operating income**: 2,046,000,000 US dollars - **Other income (expense), net (calculated)**: negative 206,000,000 US dollars - **Income before income taxes**: 1,840,000,000 US dollars - **Provision for income taxes (H)**: 332,000,000 US dollars - **Net income**: 1,508,000,000 US dollars - **Engine Products**: 4,320,000,000 US dollars - **Fastening Systems**: 1,745,000,000 US dollars - **Engineered Structures**: 1,148,000,000 US dollars - **Forged Wheels**: 1,039,000,000 US dollars - **Cost of goods sold (exclusive of expenses below)**: 5,432,000,000 US dollars - **Research and development expenses**: 37,000,000 US dollars - **Restructuring and other charges (D)**: 84,000,000 US dollars - **Provision for depreciation and amortization**: 283,000,000 US dollars - **Selling, general administrative, and other expenses**: 370,000,000 US dollars ### Chart connections - Revenue less cost of revenue equals gross profit; gross profit less operating expenses equals operating income. - Operating income plus other income or expense equals income before tax. Income before tax less income tax expense or benefit equals net income. ## Chart details: Revenue by Business Segment (8 categories) - Page: https://plicit.ai/financials/hwm/fy2025-annual-income-statement/revenue-by-business-segment-8-categories - Chart image: https://plicit.ai/charts/hwm-fy2025-annual-revenue-by-business-segment-8-categories-sankey.png Income statement for 2025-01-01 through 2025-12-31. View: Business segment (8 categories). Revenue uses this breakdown; costs and expenses retain the consolidated categories. - **Sales (C)**: 8,252,000,000 US dollars - **Cost of revenue (calculated)**: 5,432,000,000 US dollars - **Gross profit (calculated)**: 2,820,000,000 US dollars - **Operating expenses (calculated)**: 774,000,000 US dollars - **Operating income**: 2,046,000,000 US dollars - **Other income (expense), net (calculated)**: negative 206,000,000 US dollars - **Income before income taxes**: 1,840,000,000 US dollars - **Provision for income taxes (H)**: 332,000,000 US dollars - **Net income**: 1,508,000,000 US dollars - **Engine Products**: 4,327,000,000 US dollars - **Fastening Systems**: 1,746,000,000 US dollars - **Engineered Structures**: 1,157,000,000 US dollars - **Forged Wheels**: 1,039,000,000 US dollars - **Cost of goods sold (exclusive of expenses below)**: 5,432,000,000 US dollars - **Research and development expenses**: 37,000,000 US dollars - **Restructuring and other charges (D)**: 84,000,000 US dollars - **Provision for depreciation and amortization**: 283,000,000 US dollars - **Selling, general administrative, and other expenses**: 370,000,000 US dollars - **Revenue before reconciliation (calculated)**: 8,269,000,000 US dollars. Sum of the reported revenue categories before the separately reported reconciliation. - **Engine Products**: negative 7,000,000 US dollars. Reported reconciliation to consolidated revenue. - **Fastening Systems**: negative 1,000,000 US dollars. Reported reconciliation to consolidated revenue. - **Engineered Structures**: negative 9,000,000 US dollars. Reported reconciliation to consolidated revenue. - **Forged Wheels**: 0 US dollars. Reported reconciliation to consolidated revenue. ### Chart connections - Revenue less cost of revenue equals gross profit; gross profit less operating expenses equals operating income. - Operating income plus other income or expense equals income before tax. Income before tax less income tax expense or benefit equals net income. - Reported revenue categories plus the separately reported signed reconciliation equals consolidated revenue. ## Chart details: Revenue by Geography - Page: https://plicit.ai/financials/hwm/fy2025-annual-income-statement/revenue-by-geography - Chart image: https://plicit.ai/charts/hwm-fy2025-annual-revenue-by-geography-sankey.png Income statement for 2025-01-01 through 2025-12-31. View: Geography. Revenue uses this breakdown; costs and expenses retain the consolidated categories. - **Sales (C)**: 8,252,000,000 US dollars - **Cost of revenue (calculated)**: 5,432,000,000 US dollars - **Gross profit (calculated)**: 2,820,000,000 US dollars - **Operating expenses (calculated)**: 774,000,000 US dollars - **Operating income**: 2,046,000,000 US dollars - **Other income (expense), net (calculated)**: negative 206,000,000 US dollars - **Income before income taxes**: 1,840,000,000 US dollars - **Provision for income taxes (H)**: 332,000,000 US dollars - **Net income**: 1,508,000,000 US dollars - **UNITED STATES**: 4,377,000,000 US dollars - **FRANCE**: 625,000,000 US dollars - **JAPAN**: 513,000,000 US dollars - **GERMANY**: 439,000,000 US dollars - **UNITED KINGDOM**: 376,000,000 US dollars - **ITALY**: 264,000,000 US dollars - **CANADA**: 187,000,000 US dollars - **MEXICO**: 166,000,000 US dollars - **POLAND**: 150,000,000 US dollars - **CHINA**: 130,000,000 US dollars - **Other**: 1,025,000,000 US dollars - **Cost of goods sold (exclusive of expenses below)**: 5,432,000,000 US dollars - **Research and development expenses**: 37,000,000 US dollars - **Restructuring and other charges (D)**: 84,000,000 US dollars - **Provision for depreciation and amortization**: 283,000,000 US dollars - **Selling, general administrative, and other expenses**: 370,000,000 US dollars ### Chart connections - Revenue less cost of revenue equals gross profit; gross profit less operating expenses equals operating income. - Operating income plus other income or expense equals income before tax. Income before tax less income tax expense or benefit equals net income. ## Chart details: Revenue by Business Segment by Product and Service - Page: https://plicit.ai/financials/hwm/fy2025-annual-income-statement/revenue-by-business-segment-by-product-and-service - Chart image: https://plicit.ai/charts/hwm-fy2025-annual-revenue-by-business-segment-by-product-and-service-sankey.png Income statement for 2025-01-01 through 2025-12-31. View: Segments by Product and Service. Revenue uses this breakdown; costs and expenses retain the consolidated categories. - **Sales (C)**: 8,252,000,000 US dollars - **Cost of revenue (calculated)**: 5,432,000,000 US dollars - **Gross profit (calculated)**: 2,820,000,000 US dollars - **Operating expenses (calculated)**: 774,000,000 US dollars - **Operating income**: 2,046,000,000 US dollars - **Other income (expense), net (calculated)**: negative 206,000,000 US dollars - **Income before income taxes**: 1,840,000,000 US dollars - **Provision for income taxes (H)**: 332,000,000 US dollars - **Net income**: 1,508,000,000 US dollars - **Engine Products - Aerospace - Commercial**: 2,355,000,000 US dollars - **Engine Products - Aerospace - Defense**: 900,000,000 US dollars - **Engine Products - Commercial Transportation**: 0 US dollars - **Engine Products - Gas Turbines**: 944,000,000 US dollars - **Engine Products - Other**: 121,000,000 US dollars - **Engineered Structures - Aerospace - Commercial**: 765,000,000 US dollars - **Engineered Structures - Aerospace - Defense**: 333,000,000 US dollars - **Engineered Structures - Commercial Transportation**: 0 US dollars - **Engineered Structures - Gas Turbines**: 0 US dollars - **Engineered Structures - Other**: 50,000,000 US dollars - **Fastening Systems - Aerospace - Commercial**: 1,202,000,000 US dollars - **Fastening Systems - Aerospace - Defense**: 176,000,000 US dollars - **Fastening Systems - Commercial Transportation**: 209,000,000 US dollars - **Fastening Systems - Gas Turbines**: 0 US dollars - **Fastening Systems - Other**: 158,000,000 US dollars - **Forged Wheels - Aerospace - Commercial**: 0 US dollars - **Forged Wheels - Aerospace - Defense**: 0 US dollars - **Forged Wheels - Commercial Transportation**: 1,039,000,000 US dollars - **Forged Wheels - Gas Turbines**: 0 US dollars - **Forged Wheels - Other**: 0 US dollars - **Cost of goods sold (exclusive of expenses below)**: 5,432,000,000 US dollars - **Research and development expenses**: 37,000,000 US dollars - **Restructuring and other charges (D)**: 84,000,000 US dollars - **Provision for depreciation and amortization**: 283,000,000 US dollars - **Selling, general administrative, and other expenses**: 370,000,000 US dollars ### Chart connections - Revenue less cost of revenue equals gross profit; gross profit less operating expenses equals operating income. - Operating income plus other income or expense equals income before tax. Income before tax less income tax expense or benefit equals net income.