Exhibit 99.1
HONEYWELL AEROSPACE INC.
(Dollars in millions)

Condensed Combined Statements of Operations
(Unaudited)

Q1 2025Q2 2025Q3 2025Q4 2025FY 2025
Product Sales$2,233 $2,425 $2,533 $2,794 $9,985 
Service Sales1,841 1,864 2,000 1,714 7,419 
  Total Net sales4,074 4,289 4,533 4,508 17,404 
Costs, expenses and other
Cost of products sold1,635 1,837 1,950 2,128 7,550 
Cost of services sold916 888 926 1,061 3,791 
Total cost of products and services sold2,551 2,725 2,876 3,189 11,341 
Research and development expenses167 167 186 157 677 
Selling, general and administrative expenses365 383 441 481 1,670 
Other expense, net58 14 289 367 
Total costs, expenses and other3,141 3,289 3,792 3,833 14,055 
Income before taxes933 1,000 741 675 3,349 
Income tax expenses147 148 87 245 627 
Net income786 852 654 430 2,722 
Less: Net income attributable to noncontrolling interest10 35 
Net income attributable to Honeywell Aerospace$777 $844 $644 $422 $2,687 
Q1 2024Q2 2024Q3 2024Q4 2024FY 2024
Product Sales$1,958 $1,993 $2,020 $2,164 $8,135 
Service Sales1,744 1,847 1,856 1,863 7,310 
Total Net sales3,702 3,840 3,876 4,027 15,445 
Costs, expenses and other
Cost of products sold1,398 1,542 1,599 1,902 6,441 
Cost of services sold855 905 882 860 3,502 
Total cost of products and services sold2,253 2,447 2,481 2,762 9,943 
Research and development expenses139 131 149 148 567 
Selling, general and administrative expenses332 346 352 396 1,426 
Other expense, net38 32 24 47 141 
Total costs, expenses and other2,762 2,956 3,006 3,353 12,077 
Income before taxes940 884 870 674 3,368 
Income tax expenses146 136 134 103 519 
Net income794 748 736 571 2,849 
Less: Net income attributable to noncontrolling interest10 32 
Net income attributable to Honeywell Aerospace$784 $741 $728 $564 $2,817 




HONEYWELL AEROSPACE INC.
(Dollars in millions)

Supplemental Quarterly Segment Information
(Unaudited)

Q1 2025Q2 2025Q3 2025Q4 2025FY 2025
Net Sales by Reportable Segment
 Electronic Solutions$1,550 $1,645 $1,708 $1,913 $6,816 
 Engines and Power Systems(1)
1,274 1,390 1,478 1,269 5,411 
 Control Systems1,250 1,254 1,347 1,326 5,177 
  Total Net sales$4,074 $4,289 $4,533 $4,508 $17,404 
Net Sales by End Market
 Commercial Original Equipment$632 $640 $642 $680 $2,594 
 Commercial Aftermarket(1)
1,857 1,881 2,084 1,839 7,661 
 Defense and Space1,585 1,768 1,807 1,989 7,149 
  Total Net sales$4,074 $4,289 $4,533 $4,508 $17,404 
Net Income$786 $852 $654 $430 $2,722 
Segment Profit
 Electronic Solutions$410 $475 $510 $593 $1,988 
 Engines and Power Systems(1)
193 256 299 (57)691 
 Control Systems447 361 376 339 1,523 
 Corporate and All Other(10)(26)(34)(47)(117)
  Total segment profit*$1,040 $1,066 $1,151 $828 $4,085 
Adjusted EBIT*
 Electronic Solutions$410 $475 $510 $593 $1,988 
 Engines and Power Systems193 256 299 316 1,064 
 Control Systems447 361 376 339 1,523 
 Corporate and All Other(10)(26)(34)(47)(117)
  Adjusted EBIT*$1,040 $1,066 $1,151 $1,201 $4,458 
* Total segment profit, Adjusted EBIT, and Segment adjusted EBIT are non-GAAP measures. Refer to the appendix for reconciliation of non-GAAP measures.
1 Reflects a reduction to Net sales and Segment profit by $312 million and $373 million, respectively, as a result of the settlement of the Flexjet-related litigation matters in the fourth quarter of 2025.
Q1 2024Q2 2024Q3 2024Q4 2024FY 2024
Net Sales by Reportable Segment
 Electronic Solutions$1,389 $1,372 $1,488 $1,776 $6,025 
 Engines and Power Systems(2)
1,206 1,306 1,248 971 4,731 
 Control Systems1,107 1,162 1,140 1,280 4,689 
  Total Net sales$3,702 $3,840 $3,876 $4,027 $15,445 
Net Sales by End Market
 Commercial Original Equipment(2)
$672 $595 $626 $268 $2,161 
 Commercial Aftermarket1,670 1,813 1,701 1,962 7,146 
 Defense and Space1,360 1,432 1,549 1,797 6,138 
  Total Net sales$3,702 $3,840 $3,876 $4,027 $15,445 
Net Income$794 $748 $736 $571 $2,849 
Segment Profit/Adjusted EBIT
 Electronic Solutions$436 $417 $485 $574 $1,912 
 Engines and Power Systems(2)
286 302 233 (129)692 
 Control Systems329 279 248 370 1,226 
 Corporate and All Other(15)(41)(36)(30)(122)
  Total segment profit/adjusted EBIT*$1,036 $957 $930 $785 $3,708 
* Total segment profit, Adjusted EBIT, and Segment adjusted EBIT are non-GAAP measures. Refer to the appendix for reconciliation of non-GAAP measures.
2 Reflects a reduction to Net sales, Segment profit, and Adjusted EBIT of $372 million as a result of a strategic agreement with Bombardier in the fourth quarter 2024.



APPENDIX
Non-GAAP Financial Measures
The following information provides definitions and reconciliations of certain non-GAAP financial measures presented in this schedule to which this reconciliation is attached to the most directly comparable financial measures calculated and presented in accordance with generally accepted accounting principles (GAAP).
Management believes that, when considered together with reported amounts, these measures are useful to investors and management in understanding our ongoing operations and in the analysis of ongoing operating trends. These measures should be considered in addition to, and not as replacements for, the most comparable GAAP measure. Other companies may calculate these non-GAAP measures differently, limiting the usefulness of these measures for comparative purposes.
Management does not consider these non-GAAP measures in isolation or as an alternative to financial measures determined in accordance with GAAP. The principal limitations of these non-GAAP financial measures are that they exclude significant expenses and income that are required by GAAP to be recognized in the consolidated financial statements. In addition, they are subject to inherent limitations as they reflect the exercise of judgments by management about which expenses and income are excluded or included in determining these non-GAAP financial measures. Investors are urged to review the reconciliation of the non-GAAP financial measures to the comparable GAAP financial measures and not to rely on any single financial measure to evaluate Honeywell Aerospace’s business.




HONEYWELL AEROSPACE INC.

Reconciliation of Organic Sales % Change
(Unaudited)

Q1 2025 vs. Q1 2024Q2 2025 vs. Q2 2024Q3 2025 vs. Q3 2024Q4 2025 vs. Q4 2024FY 2025 vs. FY 2024
Honeywell Aerospace
Reported sales percent change10%12%17%12%13%
Less: Foreign currency translation—%—%—%—%—%
Less: Acquisitions5%5%3%—%3%
Less: Other(1)
—%—%—%(8)%(2)%
Organic sales percent change5%7%14%20%12%
Electronic Solutions
Reported sales percent change12%20%15%8%13%
Less: Foreign currency translation—%—%—%1%—%
Less: Acquisitions13%14%7%—%8%
Less: Other—%—%—%—%—%
Organic sales percent change(1)%6%8%7%5%
Engines & Power Systems
Reported sales percent change6%7%18%31%14%
Less: Foreign currency translation—%1%—%1%—%
Less: Acquisitions—%—%—%—%—%
Less: Other(1)
—%—%—%(32)%(7)%
Organic sales percent change6%6%18%62%21%
Control Systems
Reported sales percent change13%8%18%4%10%
Less: Foreign currency translation—%—%—%1%—%
Less: Acquisitions—%—%—%—%—%
Less: Other—%—%—%—%—%
Organic sales percent change13%8%18%3%10%
1 Includes the fourth quarter 2025 Flexjet-related litigation matters considered to be unusual, infrequent, and not indicative of the Company’s ongoing performance.

We define organic sales growth as the year-over-year change in reported Net sales relative to the comparable period, excluding the impact on sales from foreign currency translation and acquisitions, net of divestitures, for the first 12 months following the transaction date, and other items that are unusual and non-recurring in nature (e.g., impact of comprehensive settlement related to Flexjet litigation). We believe this measure is useful to investors and management in understanding our ongoing operations and in analysis of ongoing operating trends.
 





HONEYWELL AEROSPACE INC.
(Dollars in millions)

Reconciliation of Net Income to Total Segment Profit and Adjusted EBIT and Reconciliation of Segment Profit to Segment Adjusted EBIT
(Unaudited)

Q1 2025Q2 2025Q3 2025Q4 2025FY 2025
Net Income$786 $852 $654 $430 $2,722 
Income tax expense147 148 87 245 627 
Amortization of acquisition-related intangibles(1)
17 17 15 52 
Stock compensation expense(2)
24 22 16 21 83 
Environmental remediation expense(3)
81 24 258 26 389 
Transaction costs(4)
— 17 143 109 269 
Other, net(5)
(15)(14)(10)(18)(57)
Total segment profit$1,040 $1,066 $1,151 $828 $4,085 
Flexjet-related litigation settlement(6)
— — — 373 373 
Adjusted EBIT$1,040 $1,066 $1,151 $1,201 $4,458 
Q1 2025
Electronic SolutionsEngines & Power SystemsControl Systems
Segment profit$410 $193 $447 
Flexjet-related litigation settlement— — — 
Segment Adjusted EBIT$410 $193 $447 
Q2 2025
Electronic SolutionsEngines & Power SystemsControl Systems
Segment profit$475 $256 $361 
Flexjet-related litigation settlement— — — 
Segment Adjusted EBIT$475 $256 $361 
Q3 2025
Electronic SolutionsEngines & Power SystemsControl Systems
Segment profit$510 $299 $376 
Flexjet-related litigation settlement— — — 
Segment Adjusted EBIT$510 $299 $376 
Q4 2025
Electronic SolutionsEngines & Power SystemsControl Systems
Segment profit$593 $(57)$339 
Flexjet-related litigation settlement6
— 373 — 
Segment Adjusted EBIT$593 $316 $339 
FY 2025
Electronic SolutionsEngines & Power SystemsControl Systems
Segment profit$1,988 $691 $1,523 
Flexjet-related litigation settlement6
— 373 — 
Segment Adjusted EBIT$1,988 $1,064 $1,523 
1 Amounts included in Cost of products and services sold and Selling, general and administrative.
2 Amounts included in Selling, general and administrative expenses.
3 Amounts included in Cost of products and services sold and Other expense, net.
4 Amounts included in Selling, general and administrative expenses and Other expense, net.
5 Amounts include pension (income) expense and repositioning and other charges.
6 Amounts included in Net sales and Cost of services sold of $312 million and $61 million, respectively.





HONEYWELL AEROSPACE INC.
(Dollars in millions)

Reconciliation of Net Income to Total Segment Profit and Adjusted EBIT and Reconciliation of Segment Profit to Segment Adjusted EBIT
(Unaudited)

Q1 2024Q2 2024Q3 2024Q4 2024FY 2024
Net Income$794 $748 $736 $571 $2,849 
Income tax expense146 136 134 103 519 
Amortization of acquisition-related intangibles(1)
10 34 
Stock compensation expense(2)
17 18 20 19 74 
Environmental remediation expense(3)
67 49 49 70 235 
Other, net(4)
(2)(17)12 (3)
Total segment profit/adjusted EBIT$1,036 $957 $930 $785 $3,708 
Q1 2024
Electronic SolutionsEngines & Power SystemsControl Systems
Segment profit/Segment adjusted EBIT$436 $286 $329 
Q2 2024
Electronic SolutionsEngines & Power SystemsControl Systems
Segment profit/Segment adjusted EBIT$417 $302 $279 
Q3 2024
Electronic SolutionsEngines & Power SystemsControl Systems
Segment profit/Segment adjusted EBIT$485 $233 $248 
Q4 2024
Electronic SolutionsEngines & Power SystemsControl Systems
Segment profit/Segment adjusted EBIT$574 $(129)$370 
FY 2024
Electronic SolutionsEngines & Power SystemsControl Systems
Segment profit/Segment adjusted EBIT$1,912 $692 $1,226 
1 Amounts included in Cost of products and services sold and Selling, general and administrative.
2 Amounts included in Selling, general and administrative expenses.
3 Amounts included in Cost of products and services sold and Other expense, net.
4 Amounts include pension (income) expense and repositioning and other charges.

We define Total segment profit as Net income, excluding taxes, interest, amortization of acquisition-related intangibles, stock compensation expense, environmental remediation expense, pension income (expense), repositioning and other charges, transaction costs, expenses associated with the Honeywell trademark license, and other items within Other expense, net. We define Adjusted EBIT as Net income excluding taxes, interest, amortization of acquisition-related intangibles, stock compensation expense, environmental remediation expense, pension income (expense), repositioning and other charges, transaction costs, expenses associated with the Honeywell trademark license, other items within Other expense, net, and other items that are unusual or non-recurring in nature, including but not limited to impairment charges and litigation charges (e.g., comprehensive settlement related to Flexjet litigation). We define Segment Adjusted EBIT as Income before taxes excluding interest, amortization of acquisition-related intangibles, stock compensation expense, environmental remediation expense, pension income (expense), repositioning and other charges, transaction costs, expenses associated with the Honeywell trademark license, other items within Other expense, net, and other items that are otherwise of an unusual or non-recurring in nature, including but not limited to impairment charges and litigation charges (e.g., comprehensive settlement related to Flexjet litigation). We believe these measures are useful to investors as they provide greater transparency with respect to supplemental information used by management in its financial and operational decision making, as well as understanding ongoing operating trends.