Service — Net Sales
Honeywell International Service — Net Sales increased by 1100.0% to 36.0% in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 2.9%, from 35.0% to 36.0%. Over 4 years (FY 2021 to FY 2025), Service — Net Sales shows an upward trend with a 41.8% CAGR. This is a positive signal — higher values indicate stronger performance for this metric.
Analysis
How to read this metric
An increase indicates growing demand for service offerings and potential expansion of the installed base, while a decrease may signal reduced service activity or customer churn.
Detailed definition
Represents the total revenue generated from service-based activities within the specified business segment. This metric...
Peer comparison
Comparable to service revenue or aftermarket sales metrics reported by industrial peers with significant installed base businesses.
hon_segment_service_net_salesHistorical 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 | 6.3% | 6.3% | 6.3% | 27% | 25% | 26% | 1% | 29% | 30% | 32% | 2% | 31% | 32% | 32% | 2% | 35% | 31% | 32% | 3% | 36% |
| QoQ Change | — | +0.0% | +0.0% | +332.0% | -7.4% | +4.0% | -96.2% | >999% | +3.4% | +6.7% | -93.8% | >999% | +3.2% | +0.0% | -93.8% | >999% | -11.4% | +3.2% | -90.6% | >999% |
| YoY Change | — | — | — | — | +300.0% | +316.0% | -84.0% | +7.4% | +20.0% | +23.1% | +100.0% | +6.9% | +6.7% | +0.0% | +0.0% | +12.9% | -3.1% | +0.0% | +50.0% | +2.9% |
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Frequently Asked Questions
- What is Honeywell International's service — net sales?
- Honeywell International (HON) reported service — net sales of 36.0% in Q1 2026.
- How has Honeywell International's service — net sales changed year-over-year?
- Honeywell International's service — net sales increased by 2.9% year-over-year, from 35.0% to 36.0%.
- What is the long-term trend for Honeywell International's service — net sales?
- Over 4 years (2021 to 2025), Honeywell International's service — net sales has grown at a 41.8% compound annual growth rate (CAGR), from 25.0% to 101.0%.
- What does service — net sales mean?
- The total revenue earned from providing services to customers within this business segment.