Hexcel HXL Business Segments
| Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | ||
|---|---|---|---|---|---|---|
| Revenue by Business | ||||||
| Composite Materials | $427.2M+2.9% | $415.1M+8.6% | $382.1M-7.4% | $412.6M+7.1% | $385.4M-2.6% | |
| Corporate Reconciling Items And Eliminations | -$30M-34.5% | -$22.3M-9.9% | -$20.3M-2.5% | -$19.8M+2.9% | -$20.4M0.0% | |
| Engineered Products | $104.3M+5.9% | $98.5M+4.3% | $94.4M-2.8% | $97.1M+6.1% | $91.5M-7.3% | |
| Other Operating Income Expense Net by Business | ||||||
| Composite Materials | -$5.7M— | $0+100% | -$2.8M— | -$0— | -$0+100% | |
| Corporate Reconciling Items And Eliminations | -$4.2M-500% | -$700K+86.0% | -$5M— | $0— | $0-100% | |
| Engineered Products | -$0+100% | -$3M-200% | -$1M+95.9% | -$24.2M-2,100% | -$1.1M+84.1% | |
| Operating Income by Business | ||||||
| Composite Materials | $69.7M+2.2% | $68.2M+70.9% | $39.9M-31.6% | $58.3M+6.8% | $54.6M+164% | |
| Corporate Reconciling Items And Eliminations | -$27.3M-84.5% | -$14.8M+15.4% | -$17.5M-19.0% | -$14.7M+5.2% | -$15.5M0.0% | |
| Engineered Products | $15.2M+90.0% | $8M-41.2% | $13.6M+200% | -$13.6M-367% | $5.1M+37.8% | |
| Gross Profit by Business | ||||||
| Composite Materials | $113.9M+6.5% | $106.9M+30.5% | $81.9M-15.5% | $96.9M+5.4% | $91.9M-6.1% | |
| Corporate Reconciling Items And Eliminations | $0+100% | -$1.1M+15.4% | -$1.3M-30.0% | -$1M+9.1% | -$1.1M— | |
| Engineered Products | $20.8M+36.8% | $15.2M-21.2% | $19.3M+23.7% | $15.6M+34.5% | $11.6M-33.3% | |
| Selling General And Administrative Expense by Business | ||||||
| Composite Materials | $22.3M-15.2% | $26.3M-3.0% | $27.1M+3.0% | $26.3M+3.1% | $25.5M-1.5% | |
| Corporate Reconciling Items And Eliminations | $23M+88.5% | $12.2M+19.6% | $10.2M-19.7% | $12.7M-5.9% | $13.5M-16.7% | |
| Engineered Products | $4.1M+32.3% | $3.1M-18.4% | $3.8M-5.0% | $4M-7.0% | $4.3M-25.9% | |
| Segment Expenditure Addition To Long Lived Assets by Business | ||||||
| Composite Materials | $2.06B— | —— | —— | $186.8M-91.5% | $2.19B+308% | |
| Corporate Reconciling Items And Eliminations | $46.5M-75.5% | $189.7M+887% | -$24.1M+84.6% | -$156.9M-584% | $32.4M+254% | |
| Engineered Products | $615M+7,785% | $7.8M— | $0-100% | $34.2M-93.9% | $558.8M+313% | |
| Cost of Goods Sold by Business | ||||||
| Composite Materials | $313.3M+1.6% | $308.3M+2.7% | $300.1M-4.9% | $315.7M+7.6% | $293.5M-1.4% | |
| Corporate Reconciling Items And Eliminations | -$30M-41.5% | -$21.2M-11.6% | -$19M-1.1% | -$18.8M+2.6% | -$19.3M+18.2% | |
| Engineered Products | $83.5M+0.4% | $83.2M+10.6% | $75.2M-7.7% | $81.5M+2.0% | $79.9M-1.7% | |
| Research And Development Expense by Business | ||||||
| Composite Materials | $16.2M+30.6% | $12.4M+2.5% | $12.1M-1.6% | $12.3M+4.2% | $11.8M+1.7% | |
| Corporate Reconciling Items And Eliminations | $100K-88.9% | $900K0.0% | $900K-10.0% | $1M+11.1% | $900K0.0% | |
| Engineered Products | $1.5M+50.0% | $1M0.0% | $1M0.0% | $1M-9.1% | $1.1M+10.0% | |
| Contract With Customer Asset Net by Business | ||||||
| Composite Materials | $12.6M+10.5% | $11.4M-12.3% | $13M+16.1% | $11.2M+17.9% | $9.5M+4.4% | |
| Engineered Products | $27.8M+13.5% | $24.5M-5.4% | $25.9M-12.2% | $29.5M+12.6% | $26.2M+26.6% | |
| Change In Unbilled Revenue Earned Over Time by Business | ||||||
| Composite Materials | $1.2M+119% | -$6.2M-444% | $1.8M+5.9% | $1.7M+325% | $400K+111% | |
| Engineered Products | $3.3M+137% | -$9M-150% | -$3.6M-209% | $3.3M-40.0% | $5.5M+148% | |
| D&A by Business | ||||||
| Composite Materials | $27.2M-1.4% | $27.6M-0.4% | $27.7M+3.0% | $26.9M+1.1% | $26.6M-2.6% | |
| Corporate Reconciling Items And Eliminations | $0— | —— | $0— | $0— | $0— | |
| Engineered Products | $3.2M0.0% | $3.2M0.0% | $3.2M+18.5% | $2.7M-15.6% | $3.2M-13.5% | |
| Operating Segment Including Goodwill And Intangible Assets by Business | ||||||
| Composite Materials | $88.5M-1.6% | $89.9M-0.4% | $90.3M-1.0% | $91.2M+4.5% | $87.3M+5.1% | |
| Engineered Products | $148.9M-0.7% | $149.9M-0.7% | $150.9M-0.7% | $152M-0.6% | $152.9M-0.6% | |
| Net Impact Of Capital Expenditure Payments And Accrued Payables by Business | ||||||
| Composite Materials | $16M— | —— | $16.7M+27.5% | $13.1M-15.5% | $15.5M— | |
| Corporate Reconciling Items And Eliminations | $0— | —— | $0— | $0— | $0— | |
| Engineered Products | $1.7M— | —— | $1.4M-12.5% | $1.6M0.0% | $1.6M— | |
| Stock-Based Comp by Business | ||||||
| Composite Materials | $3.4M+325% | $800K+33.3% | $600K-33.3% | $900K-70.0% | $3M+173% | |
| Corporate Reconciling Items And Eliminations | $5.1M+5,000% | $100K-50.0% | $200K-87.5% | $1.6M-72.9% | $5.9M+269% | |
| Engineered Products | $800K+700% | $100K-50.0% | $200K0.0% | $200K-75.0% | $800K+300% | |
| Goodwill And Intangible Assets Currency Translation And Other Adjustments by Business | ||||||
| Composite Materials | -$1M-225% | $800K— | —— | $4.3M-6.5% | $4.6M+264% | |
| Engineered Products | $0-100% | $2M+195% | -$2.1M-2,200% | $100K— | $0-100% | |
| Amortization Of Intangible Assets by Business | ||||||
| Composite Materials | $400K-66.7% | $1.2M— | —— | $400K0.0% | $400K-71.4% | |
| Engineered Products | $1M-66.7% | $3M— | —— | $1M0.0% | $1M-73.0% | |
| Revenue by Product | ||||||
| Commercial Aerospace | $332.7M— | —— | —— | —— | $280.1M— | |
| Space And Defense Market Applications | $168.8M-12.0% | $191.8M+5.4% | $182M-7.5% | $196.8M+11.6% | $176.4M-9.8% |
Chart any of these lines over time, or line them up against competitors.
Compare these in charts →Questions, answered.
- How does Hexcel break its business down?
- Hexcel (HXL) reports revenue by business across 3 parts — Composite Materials, Corporate Reconciling Items And Eliminations and Engineered Products. Each is extracted from the segment footnotes and tracked over time.
- Where does Hexcel's segment data come from?
- Segment breakdowns are pulled from the segment footnotes in Hexcel's SEC filings (the XBRL dimensional tags), so every line ties back to a reported figure. Switch between quarterly, annual, and TTM, or open any segment for its full history.
