Honeywell Q1 2026 Earnings: EPS Beat, Revenue Miss, Stock Falls 7% as Spinoff Pulled to June 29

# Honeywell Q1 2026 Earnings: EPS Beat, Revenue Miss, Stock Falls 7% as Spinoff Pulled to June 29

> **Quick answer:** Honeywell (HON) beat Q1 2026 EPS estimates by $0.13, posting adjusted earnings of $2.45 vs. the $2.32 consensus. Revenue of $9.14 billion missed the $9.28 billion estimate. HON shares dropped roughly 7% in premarket trading. The headline news for long-term shareholders: the Aerospace Technologies spinoff has been accelerated to June 29, 2026.

Honeywell Q1 2026 earnings landed before market open on April 23 with a split verdict — the profit line beat, the revenue line missed, and the stock is paying for it in premarket trading. Here is everything that matters for HON shareholders, broken down by the numbers, the spinoff update, and what analysts are watching next.

*This article is for informational purposes only and does not constitute financial advice. Consult a qualified financial advisor for personal financial decisions.*

## Q1 2026 Results: The Numbers vs. Estimates

| Metric | Actual | Estimate | Result | |---|---|---|---| | Adjusted EPS | $2.45 | $2.32 | Beat by $0.13 | | Revenue | $9.14B | $9.28B | Missed by $0.14B | | Segment Margin | 23.3% | — | +90 bps YoY | | Orders Growth | +7% organic | — | All segments positive | | Backlog | ~$38B | — | New record |