Honeywell announced on February 17, 2026, that it has filed its Annual Report on Form 10-K for the fiscal year ending December 31, 2025, with the U.S. Securities and Exchange Commission.
The company previously stated in its January 29, 2026 earnings release that it classified its Productivity Solutions and Services (PSS) and Warehouse and Workflow Solutions (WWS) businesses as assets held for sale during the fourth quarter of 2025. This move is part of Honeywell’s ongoing strategy to optimize its portfolio and focus on core automation offerings. The company also reported impairment charges related to these businesses in its year-end results.
After releasing its earnings report, Honeywell received new information that led to additional impairment charges. These are detailed in the newly filed annual report. The extra charges include a $436 million goodwill impairment associated with the Industrial Automation segment and a $35 million impairment on assets held for sale, offset by a $61 million tax benefit. As a result, full-year reported earnings per share from continuing operations were revised to $6.94; net income from continuing operations was adjusted to $4,468 million; operating income changed to $5,573 million; and operating margin was updated to 14.9%. However, Honeywell stated these changes do not affect previously announced adjusted fourth quarter or full-year 2025 results or guidance for 2026.
The company reaffirmed its expectation to announce the sale of PSS and WWS businesses in the first half of 2026.
Honeywell’s Annual Report on Form 10-K is available at investor.honeywell.com under “Financials” (see “SEC Filings”) and at www.sec.gov.
According to Honeywell: “We describe many of the trends and other factors that drive our business and future results in this release. Such discussions contain forward-looking statements within the meaning of Section 21E of the Securities Exchange Act of 1934, as amended (the ‘Exchange Act’), including statements related to the proposed separation of Honeywell from Honeywell Aerospace and the planned sale of the Productivity Solutions and Services and Warehouse and Workflow Solutions businesses. Forward-looking statements are those that address activities, events, or developments that we or our management intend, expect, project, believe, or anticipate will or may occur in the future. They are based on management’s assumptions and assessments in light of past experience and trends, current economic and industry conditions, expected future developments, and other relevant factors, many of which are difficult to predict and outside of our control, including Honeywell’s current expectations, estimates, and projections regarding the proposed separation of Honeywell from Honeywell Aerospace and the planned sale of the Productivity Solutions and Services and Warehouse and Workflow Solutions businesses. They are not guarantees of future performance, and actual results, developments, and business decisions may differ significantly from those envisaged by our forward-looking statements, including the proposed separation of Honeywell from Honeywell Aerospace and the planned sale of the Productivity Solutions and Services and Warehouse and Workflow Solutions businesses, and the anticipated benefits of each. We do not undertake to update or revise any of our forward-looking statements except as required by applicable securities law. Our forward-looking statements are also subject to material risks and uncertainties including ongoing macroeconomic and geopolitical risks such as changes in or application of trade or tax laws… These forward-looking statements should be considered in light of information included in this release… Any forward-looking plans described herein are not final.”
Honeywell provides solutions across industries such as aerospace; building automation; industrial automation; process automation; process technology; aiming for smarter safety practices globally.
For more details about financial filings visit investor.honeywell.com under “Financials” (“SEC Filings”) or www.sec.gov.
