HXL Q3 deep dive: Commercial aerospace growth offset by defense softness and strategic investments

Aerospace and defense company Hexcel (NYSE:HXL) fell short of the market’s revenue expectations in Q3 2026, but sales rose 8.8% year on year to $496.4 million. The company’s full-year revenue guidance of $2.08 billion at the midpoint came in 0.9% below analysts’ estimates. Its non-GAAP profit of $0.50 per share was in line with analysts’ consensus estimates.