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Hexcel HXL Composite Materials — Research And Development Expense
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Where this comes from
Reported directly by Hexcel in its filing.
Tagged under the XBRL concept us-gaap:ResearchAndDevelopmentExpense.
The source filing: Hexcel’s 10-Q, filed July 29, 2026.
- Filed
- Jul 29, 2026, 4:35 PM EDT
- Fiscal quarter
- Q2 FY2026
- Calendar quarter
- Q2 2026
- Accession
- 0001193125-26-323941
| (In millions) / Quarter Ended June 30, 2026 | Composite / Materials | Engineered / Products | Corporate & / Other (a) | Total |
|---|---|---|---|---|
| Cost of sales | 331.8 | 87.8 | (28.4) | 391.2 |
| Gross margin | 116.9 | 21.5 | (0.3) | 138.1 |
| Selling, general and administrative expenses | 25.9 | 3.7 | 17.6 | 47.2 |
| Research and development expenses | 15.8 | 1.4 | 0.1 | 17.3 |
| Other operating expense | 1.0 | — | — | 1.0 |
| Operating income (loss) | 74.2 | 16.4 | (18.0) | 72.6 |
| Depreciation and amortization | 27.0 | 3.1 | - | 30.1 |
| Stock-based compensation | 1.2 | 0.3 | 3.7 | 5.2 |
ITEM 1. Condensed Consolidated Financial Statements
FAQ
- What is Hexcel's composite materials — research and development expense?
- Hexcel (HXL) reported composite materials — research and development expense of $15.8M in Q2 2026.
- How has Hexcel's composite materials — research and development expense changed year-over-year?
- Hexcel's composite materials — research and development expense increased by 28.5% year-over-year, from $12.3M to $15.8M.
- What is the long-term trend for Hexcel's composite materials — research and development expense?
- Over 3 years (2022 to 2025), Hexcel's composite materials — research and development expense has grown at a 8.6% compound annual growth rate (CAGR), from $37.9M to $48.6M.
- What does composite materials — research and development expense mean?
- Represents investments in the innovation, testing, and development of new composite materials and manufacturing processes. Given the highly engineered nature of the business, this metric is a critical indicator of the company's commitment to maintaining a competitive advantage in aerospace and industrial markets. It highlights the segment's focus on future product differentiation and technological leadership.
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