Product — Cost of Product and Service Sold
Honeywell International Product — Cost of Product and Service Sold increased by 47.4% to $3.86B in Q1 2026 compared to the prior quarter. Year-over-year, this metric declined by 9.1%, from $4.25B to $3.86B. Over 4 years (FY 2021 to FY 2025), Product — Cost of Product and Service Sold shows relatively stable performance with a -1.4% CAGR. This increase may warrant attention — for this metric, lower values are generally preferred.
Analysis
How to read this metric
An increase relative to revenue suggests margin compression or rising input costs, while a decrease indicates improved production efficiency or lower cost of goods sold.
Detailed definition
This metric represents the total direct costs attributable to the production of goods and the delivery of services withi...
Peer comparison
Standardized as Cost of Goods Sold (COGS) or Cost of Revenue across all manufacturing and service-based industries.
hon_segment_product_cost_of_product_and_service_soldHistorical Data
| Q2 '21 | Q3 '21 | Q4 '21 | Q1 '22 | Q2 '22 | Q3 '22 | Q4 '22 | Q1 '23 | Q2 '23 | Q3 '23 | Q4 '23 | Q1 '24 | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $4.27B | $4.27B | $4.27B | $4.06B | $4.33B | $4.29B | $4.28B | $4.07B | $4.13B | $4.09B | $4.69B | $4.04B | $4.25B | $4.17B | $4.78B | $4.25B | $4.55B | $4.73B | $2.62B | $3.86B |
| QoQ Change | — | +0.0% | +0.0% | -5.0% | +6.7% | -1.0% | -0.1% | -5.0% | +1.6% | -1.0% | +14.6% | -13.9% | +5.3% | -1.9% | +14.7% | -11.0% | +7.0% | +4.1% | -44.7% | +47.4% |
| YoY Change | — | — | — | — | +1.4% | +0.4% | +0.2% | +0.2% | -4.5% | -4.6% | +9.5% | -0.8% | +2.8% | +1.9% | +2.0% | +5.4% | +7.1% | +13.6% | -45.2% | -9.1% |
Similar Metrics at Other Companies
Frequently Asked Questions
- What is Honeywell International's product — cost of product and service sold?
- Honeywell International (HON) reported product — cost of product and service sold of $3.86B in Q1 2026.
- How has Honeywell International's product — cost of product and service sold changed year-over-year?
- Honeywell International's product — cost of product and service sold decreased by 9.1% year-over-year, from $4.25B to $3.86B.
- What is the long-term trend for Honeywell International's product — cost of product and service sold?
- Over 4 years (2021 to 2025), Honeywell International's product — cost of product and service sold has grown at a -1.4% compound annual growth rate (CAGR), from $17.08B to $16.15B.
- What does product — cost of product and service sold mean?
- The total direct expenses incurred to produce the goods or provide the services sold by this business segment.