Hexcel's Business Segments
Hexcel's reported revenue by business segment and by geographic region, quarterly and annual, normalized against the consolidated income statement. Free below: the top 3 rows per table, this quarter and this fiscal year. Subscriber access adds the full segment history and operating income by segment.
Revenue Share by Reportable Segment - Q2 FY2026
- Composite Materials84.8%
- Engineered Products20.6%
- Corporate Reconciling Items and Eliminations0%
Revenue by Reportable Segment - Q2 FY2026
| Segment | Revenue (Millions) | % of Total |
|---|---|---|
| Composite Materials | $ 449 | 84.8% |
| Engineered Products | $ 109 | 20.6% |
| Corporate Reconciling Items and Eliminations | $ -29 | - |
Revenue by Product & Service Category - Q2 FY2026
- Commercial Aerospace Market Applications65.5%
- Space and Defense Market Applications34.5%
Revenue by Product & Service Category - Q2 FY2026
| Category | Revenue (Millions) | % of Total |
|---|---|---|
| Commercial Aerospace Market Applications | $ 347 | 65.5% |
| Space and Defense Market Applications | $ 183 | 34.5% |
Product and service categories are a supplemental disclosure and are not required to sum to consolidated revenue or to the reportable segments above.
Description of Hexcel
Composite Materials
The Composite Materials segment manufactures and markets carbon fibers, fabrics
and specialty reinforcements, prepregs and other fiber-reinforced matrix materials,
structural adhesives, honeycomb, molding compounds, tooling materials, polyurethane
systems and laminates that are incorporated into many applications, including
military and commercial aircraft, wind turbine blades, recreational products,
transport (cars, boats, trains) and other industrial applications.
Carbon Fibers: HexTow® carbon fibers are manufactured for sale to third-party
customers as well as for our own use in manufacturing certain reinforcements
and composite materials. Carbon fibers are also woven into carbon fabrics, used
as reinforcement in conjunction with a resin matrix to produce pre-impregnated
composite materials (referred to as “prepregs”). Carbon fiber is
also used in filament winding to produce finished composite components. Key
product applications include structural components for commercial and military
aircraft, space launch vehicles, and certain other applications such as recreational
and industrial equipment.
Fabrics, Multiaxials and Specialty Reinforcements: HexForce® fabrics, multiaxials
and specialty reinforcements are made from a variety of fibers, including carbon,
glass, aramid and other high strength polymers, quartz, ceramic and other specialty
fibers. These reinforcements are used in the production of prepregs and other
matrix materials used in primary and secondary structural aerospace applications
such as wing components, horizontal and vertical stabilizer components, fairings,
radomes and engine fan blades and cases, engine nacelles as well as overhead
storage bins and other interior components. Our reinforcements are also used
in the manufacture of a variety of industrial and recreational products such
as wind energy blades, automotive components, oil exploration and production
equipment, boats, surfboards, skis and other sporting goods equipment. Prepregs
are applied via hand layup, automatic tape layup and advanced fiber placement
to produce finished composite components.
Prepregs: HexPly® prepregs are manufactured for sale to third-party customers
and for internal use by our Engineered Products segment in manufacturing composite
laminates and monolithic structures, including finished components for aircraft
structures and interiors. Prepregs are manufactured by combining high-performance
reinforcement fabrics or unidirectional fibers with a resin matrix to form a
composite material that, when cured, has exceptional structural properties not
present in either of the constituent materials. Prepreg reinforcements include
glass, carbon, aramid, quartz, ceramic and other specialty fibers. Resin matrices
include bismaleimide, cyanate ester, epoxy, phenolic, polyimide and other specialty
resins.
Other Fiber-Reinforced Matrix Materials: Fiber reinforced matrix developments
include HexMC®, a form of quasi-isotropic carbon fiber prepreg that enables
small to medium sized complex-shaped composite components to be mass produced.
HexTOOL® is a specialized form of HexMC® for use in the cost-effective
construction of high temperature resistant composite tooling. HexFIT® film
infusion material is a product that combines resin films and dry fiber reinforcements
to save lay-up time in production and enables the manufacture of large contoured
composite structures, such as wind turbine blades.
Resins: HexFlow® polymer matrix materials are sold in liquid and film form
for use in direct process manufacturing of composite parts. Resins can be combined
with fiber reinforcements in manufacturing processes such as resin transfer
molding (“RTM”), resin film infusion (“RFI”) or vacuum
assisted resin transfer molding (“VARTM”) to produce high quality
composite components for both aerospace and industrial applications, without
the need for customer investment in autoclaves.
Structural Adhesives: We manufacture and market a comprehensive range of Redux®
film and paste adhesives. These structural adhesives, which bond metal to metal
and composites and honeycomb structures, are used in the aerospace industry
and for many industrial applications.
Honeycomb: HexWeb® honeycomb is a lightweight, cellular structure generally
composed of a sheet of nested hexagonal cells. It can also be manufactured in
over-expanded and asymmetric cell configurations to meet special design requirements
such as contours or complex curvatures. Honeycomb is primarily used as a lightweight
core material and acts as a highly efficient energy absorber. When sandwiched
between composite or metallic facing skins, honeycomb significantly increases
the stiffness of the structure, while adding very little weight.
We produce honeycomb from a number of metallic and non-metallic materials. Most
metallic honeycomb is made from aluminum and is available in a selection of
alloys, cell sizes and dimensions. Non-metallic materials used in the manufacture
of honeycomb include fiberglass, carbon fiber, thermoplastics, non-flammable
aramid papers, aramid fiber and other specialty materials.
We sell honeycomb as standard blocks and in slices cut from a block. Honeycomb
is also used in Acousti-Cap® where a non-metallic permeable cap material
is embedded into honeycomb core that is used in aircraft engine nacelles to
dramatically reduce noise during takeoff and landing without adding a structural
weight penalty. Aerospace is the largest market for honeycomb products. In addition,
we produce honeycomb for our Engineered Products segment for use in manufacturing
finished parts for airframe Original Equipment Manufacturers (“OEMs”).
Engineered Products
The Engineered Products segment manufactures and markets composite structures
and precision machined honeycomb parts primarily for use in the aerospace industry.
Composite structures are manufactured from a variety of composite and other
materials, including prepregs, honeycomb, structural adhesives and advanced
molding materials, using such manufacturing processes as autoclave processing,
multi-axis numerically controlled machining, heat forming, compression molding
and other composite manufacturing techniques.
