How Hexcel makes money

Period

FY2025

How does Hexcel make money? This Sankey traces every dollar of revenue through the income statement — into cost of revenue, R&D, SG&A, and taxes — and shows what's left as profit. Pick any fiscal year, recent quarter, or the trailing twelve months. Straight from SEC filings.

Hexcel Corporation · FY2025 · year ended 2025-12-31

Revenue$1.9BGross profit$435M · 23%Cost of revenue$1.5B · 77%Operating income$172M · 9%Operating expenses$263M · 14%R&D$56M · 3%SG&A$169M · 9%Other opex$38M · 2%Pre-tax income$135M · 7%Other expense$37M · 2%Net income$109M · 6%Income tax$26M · 1%Commercial Aerospace Market Applications$1.1B · 61%Space & Defense Market Applications$747M · 39%

Each fiscal year from SEC filings. Percentages are share of revenue, so the green profit nodes read directly as gross / operating / net margin. Line items a company doesn't break out are derived from their siblings so the flows balance; small residuals show as “Other.” For informational purposes only.