Honeywell International Inc (NASDAQ:HON) stock fell 0.55% (As on April 25, 6:20:20 AM UTC-4, Source: Google Finance) after the company posted mixed results for the first quarter of FY 26. Exiting first-quarter 2026, Honeywell had cash and cash equivalents of $12 billion compared with $12.5 billion at the end of December 2025. Long-term debt was $29 billion, higher than $27.1 billion at 2025-end. In the first three months of 2026, it used net cash of $650 million from operating activities against $597 million cash generated in the prior-year period. Capital expenditure totaled $223 million compared with $190 million in the previous year. Free cash flow in the first three months was $56 million, compared with $191 million reported in the year-ago quarter.

Aerospace Technologies’ quarterly revenues were $4.32 billion, up 4% year over year. The Zacks Consensus Estimate for the segment’s revenues was pegged at $4.53 billion. Sales from the commercial aftermarket grew 3%, driven by increased demand from existing customers. Sales from the defense and space business increased 4% on robust global demand. Industrial Automation revenues declined 11% year over year to $1.42 billion. However, orga Building Automation revenues totaled $1.88 billion, up 11% year over year. The Zacks Consensus Estimate for the segment’s revenues was pegged at $1.86 billion. Organic sales increased 8% year over year. The upside was driven by ongoing strength in both the building solutions and building products businesses. While sales from the building solutions business grew 8%, the same from the building products business also increased 8%. Process Automation and Technology revenues increased 5% to $1.51 billion. However, organic sales fell 6% year over year. The results were driven by strong demand for LNG. However, a slowdown in catalyst reloads and automation projects due to the Middle East conflict offset the gains.nic sales grew 1% year over year. The sales decline was primarily attributable to a decrease in demand for productivity solutions and services. Organic sales growth was driven by strength in warehouse and workflow solutions, and measurement businesses.

HON in the first quarter of FY 26 has reported the adjusted earnings per share of $2.45, beating the analysts’ estimates for the adjusted earnings per share of $2.31, according to the Zacks Consensus Estimate. The company had reported the adjusted revenue growth of 2 percent to $9.14 billion in the first quarter of FY 26, missing the analysts’ estimates for revenue of $9.27 billion. Organic sales also increased 2% year over year.