Honeywell Technologies raised its full-year 2026 sales guidance to $20B–$20.1B. Q3 net sales reached $5B, up 1% year over year. Net income fell 64% to $664M due to discontinued operations. Building Automation grew 8% and Process Automation and Technology grew 16%. Data center orders rose over 100%. CEO Vimal Kapur cited strong demand across most end markets. The company spun off its aerospace operations in late June 2026. It also divested Solstice Advanced Materials in October 2025. Organic sales growth hit 7%, above earlier targets. Operating income rose 79% to $740M. Segment profit increased 23% to $1.1B. The company plans to reduce gross debt from $18B to under $13B by year-end. It holds a $19B order backlog.
What changed
Honeywell included aerospace operations in its financials before the late June 2026 spinoff.
What it unlocks
Focusing solely on industrial automation solutions in the era of physical AI.
- $5B net sales in Q3 2026
- $664M net income in Q3 2026
- $20B–$20.1B full-year 2026 sales guidance
- 8% growth in Building Automation
Sources