J P M O R G A N North America Credit Research 23 July 2026 Honeywell Technologies Positive 2Q26 Results; Modest 2026 Guidance Updates POSITIVES: Table 1: HON 2Q26 Earnings Summary | | 2Q26 | | | | | | --- | --- | --- | --- | --- | --- | | | Actual | Consensus | Beat/Miss % | 2Q25 | Y/Y % Change | | Revenue | $5,187 | $5,020 | 3% | $5,018 | 3% | | Segment Profit | $985 | $889 | 11% | $904 | 9% | | % margin | 19.0% | 17.7% | | 18.0% | | | Capex | $187 | $250 | -25% | $108 | 73% | | FCF | $456 | $305 | 50% | $ ...