Short answer
Honeywell (HON) filed its Q3 2025 10-Q quarterly report on Oct 23, 2025 for the quarter ended Sep 30, 2025. Quarterly revenue was $10.4B (up 7.0% year over year) with net income of $1.8B.
Q3 2025 key financials · XBRL
- Revenue
- $10.4B
- +7.0% YoY · +0.5% QoQ
- Net income
- $1.8B
- +29.2% YoY · +16.2% QoQ
- Operating margin
- 23.1%
- EPS (diluted)
- $2.85
- +31.9% YoY · +16.3% QoQ
Source: XBRL data from the Honeywell (HON) Q3 2025 10-Q on SEC EDGAR. USD.
Honeywell Q3 2025 10-Q analysis
AI summary of MD&A and risk factor updates
Management Discussion & Analysis
- Revenue $10.4B Q3 2025, up 7% YoY from $9.7B in Q3 2024; YTD revenue $30.2B, up 8% from $27.9B
- Gross margin 34.1% Q3 2025 vs 38.5% Q3 2024; YTD margin 37.1% vs 38.7% YTD 2024
- Best segment: Aerospace Technologies revenue $4.51B up 15%, segment margin 26.1% vs 27.7% YoY; Worst segment: Industrial Automation revenue $2.27B down 9%, margin 18.8% vs 20.3% YoY
- Cash and equivalents $12.9B up $2.3B YoY; operating cash flow $5.2B YTD, up $1.4B; capital expenditures $928M YTD; share repurchases $3.7B YTD
- Management highlights macroeconomic risks, ongoing portfolio transformation with PPE divestiture, Sundyne acquisition, Advanced Materials spin-off effective Oct 2025, and planned separation of Automation and Aerospace by 2H 2026
Risk Factors
- New risk: ongoing U.S. federal government shutdown causing potential labor costs without reimbursement and delayed government contract orders
- Updated risk: Aerospace demand affected by new entrants and non-traditional market players impacting competitive landscape
- Regulatory/legal risk: counterfeit parts in global supply chain posing compliance risks in Defense and Space segment
- Market risk: Energy and Sustainability Solutions exposed to oil and gas price volatility reducing customer investment and product demand
- Financial risk: macroeconomic conditions including inflation, high interest rates, and trade restrictions impacting costs, demand, and cash flows
Generated from the filing text; verify against the original. 10-K vs 10-Q vs 8-K
Other Honeywell quarterly reports
Ask about this quarter
Compare quarters, check guidance or see what insiders and funds did around the report.