Honeywell International Inc

Company facts

Industry

Aircraft Engines & Engine Parts

Headquarters

Charlotte, North Carolina

Most recent report

8-K, filed Aug 19, 2026

Incorporated

Delaware

Filings on record

1,003+ filings

On EDGAR

CIK 773840

Fiscal year ends

December

Filer status

Large accelerated filer

What to read: Jun 2026 10-Q

SECSift found 3 of 11 sections worth reading, with 1 positive, 8 notable, and 4 negative flags.

• Part I

  Major events: Quantinuum deconsolidation, Aerospace spin-off, debt restructuring, weak cash flow.
  Notable

  • One-time gain of $6,629M from Quantinuum deconsolidation distorts reported net income in Q2 2026.
  Negative

  • Impairment of assets held for sale totaled $311M in H1 2026, up from $15M in H1 2025.
  • Flexjet litigation settled for $375M cash in Q1 2026; MSA extended through 2035.

• Management's Discussion (Item 2)

  Transformative events (Aerospace Spin-Off, Quantinuum IPO) with concerning cash flow and impairment.
  Positive

  • Building Automation sales up 10% and profit up 13% in Q2 2026, margin +90bps to 27.1%.
  Notable

  • Aerospace Spin-Off completed June 29, 2026; now Honeywell has three segments. Aerospace reported as discontinued from Q3 2026.
  • Post-period acquisition: bought Johnson Matthey Catalyst Technologies for $1,750M on July 17, 2026.
  • Gain on deconsolidation of Quantinuum was $15.78 per share after tax in Q2 2026 (a one-time boost).
  • S&P and Moody's credit rating outlooks are both Negative, as of June 30, 2026.
  Negative

  • Process Automation and Technology organic sales fell 1% in Q2 2026 and segment profit fell 4%, Aftermarket catalyst shipments declined $77M.

• Risk Factors (Item 1A)

  Spin-off completed 6/29/26; new, smaller company with revised risk profile.
  Notable

  • U.S. tariffs on Chinese imports and retaliatory tariffs create dynamic, uncertain cost and demand impact.
  • Remaining obligations to Russian counterparties have uncertain, possibly material, loss exposure.
  • Raw material supply base changed from Aerospace/Energy to Process Automation and Technology post-spin-off.
  Negative

  • Company now smaller and less diversified post-spin-off, amplifying risks from market shifts.

What changed: Jun 2026 vs. Mar 2026

About 28% of HON's Jun 2026 10-Q is new information. 156 paragraphs were added, 190 changed, and 38 removed. Below are the most important lines SECSift identified.

• Part I 103
• Item 2 98
• Item 1A 67
• Item 6 3
• Item 5 2
• Item 3 1
• Item 4 1