Hexcel HXL Business Segments
| TTM Q1 '26 | TTM Q4 '25 | TTM Q3 '25 | TTM Q2 '25 | TTM Q1 '25 | ||
|---|---|---|---|---|---|---|
| Revenue by Business | ||||||
| Composite Materials | $1.64B+2.1% | $1.6B-1.6% | $1.58B-2.7% | $1.58B-0.1% | $1.6B+3.5% | |
| Corporate Reconciling Items And Eliminations | -$92.4M-5.0% | -$82.8M+9.2% | -$80.9M+9.2% | -$83.3M+1.5% | -$88M-12.3% | |
| Engineered Products | $394.3M+6.1% | $381.5M+2.2% | $381.7M+7.3% | $376.3M+8.8% | $371.6M+12.7% | |
| Other Operating Income Expense Net by Business | ||||||
| Composite Materials | -$8.5M+78.8% | -$2.8M+93.1% | -$42.6M-1,604% | -$40M-2,567% | -$40M-2,122% | |
| Corporate Reconciling Items And Eliminations | -$9.9M-760% | -$5.7M-480% | -$3.5M— | $1.5M— | $1.5M— | |
| Engineered Products | -$28.2M-236% | -$29.3M-281% | -$33.2M-4,050% | -$32.4M-5,300% | -$8.4M-1,300% | |
| Operating Income by Business | ||||||
| Composite Materials | $236.1M+14.7% | $221M+2.8% | $173.5M-30.9% | $189.9M-20.4% | $205.9M-9.9% | |
| Corporate Reconciling Items And Eliminations | -$74.3M-23.2% | -$62.5M+8.8% | -$63.2M+5.5% | -$59.5M+11.1% | -$60.3M+7.6% | |
| Engineered Products | $23.2M-27.0% | $13.1M-66.9% | $8.8M-79.9% | $5.2M-87.0% | $31.8M-5.6% | |
| Gross Profit by Business | ||||||
| Composite Materials | $399.6M+2.0% | $377.6M-6.1% | $368.6M-7.7% | $378.5M-5.9% | $391.6M+1.1% | |
| Corporate Reconciling Items And Eliminations | -$3.4M— | -$4.5M— | —— | —— | —— | |
| Engineered Products | $70.9M+8.2% | $61.7M-16.3% | $63.9M-9.1% | $61.4M-9.1% | $65.5M+5.9% | |
| Selling General And Administrative Expense by Business | ||||||
| Composite Materials | $102M+3.7% | $105.2M+7.1% | $104.8M+9.0% | $101.5M+5.5% | $98.4M+1.5% | |
| Corporate Reconciling Items And Eliminations | $58.1M+12.2% | $48.6M-14.1% | $52.6M-0.2% | $53.1M-2.3% | $51.8M-6.3% | |
| Engineered Products | $15M-27.5% | $15.2M-30.3% | $17.9M-13.7% | $19.4M-4.0% | $20.7M+5.3% | |
| Segment Expenditure Addition To Long Lived Assets by Business | ||||||
| Corporate Reconciling Items And Eliminations | $55.2M-7.8% | $41.1M+12.3% | -$139.45M— | -$106.2M— | $59.85M— | |
| Engineered Products | $657M-31.9% | $600.8M+11.0% | $728.35M— | $863.7M— | $964.85M— | |
| Cost of Goods Sold by Business | ||||||
| Composite Materials | $1.24B+2.1% | $1.22B-0.1% | $1.21B-0.5% | $1.21B0.0% | $1.21B+3.2% | |
| Corporate Reconciling Items And Eliminations | -$89M-4.8% | -$78.3M+8.0% | -$80.7M-2.0% | -$82.3M-8.1% | -$84.9M-17.4% | |
| Engineered Products | $323.4M+5.7% | $319.8M+6.8% | $317.9M+12.1% | $314.9M+13.9% | $306.1M+13.7% | |
| Research And Development Expense by Business | ||||||
| Composite Materials | $53M+12.1% | $48.6M+1.0% | $47.8M+0.1% | $47.1M-1.2% | $47.3M+1.9% | |
| Corporate Reconciling Items And Eliminations | $2.9M-25.6% | $3.7M-14.0% | $3.7M-13.5% | $3.9M-3.7% | $3.9M-0.6% | |
| Engineered Products | $4.5M-2.2% | $4.1M-12.8% | $4.1M-13.2% | $4.4M-1.1% | $4.6M+7.6% | |
| Contract With Customer Asset Net by Business | ||||||
| Composite Materials | $48.2M+20.2% | $45.1M+11.4% | $42.8M+7.8% | $41M+2.5% | $40.1M+9.3% | |
| Engineered Products | $107.7M+12.9% | $106.1M+17.4% | $102.3M+18.3% | $100.7M+22.7% | $95.4M+22.2% | |
| Change In Unbilled Revenue Earned Over Time by Business | ||||||
| Composite Materials | -$1.5M+25.0% | -$2.3M-188% | $200K-96.7% | -$700K-200% | -$2M-1,900% | |
| Engineered Products | -$6M-114% | -$3.8M+2.6% | -$6.2M-158% | -$2.5M-123% | -$2.8M-129% | |
| D&A by Business | ||||||
| Composite Materials | $109.4M+0.8% | $108.8M-0.3% | $108.5M-1.1% | $108.1M-1.9% | $108.5M-1.7% | |
| Engineered Products | $12.3M-14.0% | $12.3M-17.4% | $12.8M-14.1% | $13.3M-10.7% | $14.3M-2.7% | |
| Operating Segment Including Goodwill And Intangible Assets by Business | ||||||
| Composite Materials | $359.9M+5.0% | $358.7M+5.1% | $351.9M+1.9% | $348.9M+1.6% | $342.9M-0.9% | |
| Engineered Products | $601.7M-4.3% | $605.7M-5.2% | $609.7M-6.1% | $619.2M-5.3% | $628.8M-4.6% | |
| Stock-Based Comp by Business | ||||||
| Composite Materials | $5.7M-5.0% | $5.3M-13.1% | $5.6M-6.7% | $5.8M-6.5% | $6M-3.2% | |
| Corporate Reconciling Items And Eliminations | $7M-38.1% | $7.8M-46.6% | $9.3M-42.8% | $11M-37.5% | $11.3M-40.4% | |
| Engineered Products | $1.3M-13.3% | $1.3M-13.3% | $1.4M-12.5% | $1.4M-17.6% | $1.5M-11.8% | |
| Goodwill And Intangible Assets Currency Translation And Other Adjustments by Business | ||||||
| Engineered Products | $0— | $0— | $400K+300% | $1.3M— | $0— | |
| Revenue by Product | ||||||
| Space And Defense Market Applications | $739.4M+3.8% | $747M+5.4% | $750.7M-10.8% | $729.3M-9.9% | $712.2M-7.2% |
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.
