HWM — what changed in the latest 10-Q
A section-by-section comparison of HWM's newest periodic SEC filing (10-K/10-Q) against the prior same-form filing: paragraphs added and removed per section, with verbatim excerpts. Purely a deterministic text diff — no similarity scores, no directional read, not investment advice.
Comparing 10-Q · 2026-10-29 vs the prior 10-Q · 2026-08-06
| Section | Outcome | Added | Removed | Minor | Unchanged |
|---|---|---|---|---|---|
| MD&A | Text added/removed | +3 | −3 | ~42 | 30 |
| Controls & procedures | Text added/removed | 0 | 0 | ~1 | 1 |
| Risk factors | No material changes reported (points to the 10-K) | — | — | — | — |
Counts are paragraphs; added/removed means text added or removed vs the prior filing — no direction or judgement implied.
Not shown (absent or not faithfully extractable): Market risk (Item 3), Legal proceedings, Other information
Representative excerpts
Up to 5 excerpts of about 300 characters per section, quoted verbatim from the two SEC filings.
MD&A
Text added vs the prior filing · source: 10-Q · 2026-10-29
Segment Adjusted EBITDA Margin for the Fastening Systems segment was flat in the nine months ended September 30, 2026 compared to the nine months ended September 30, 2025, primarily due to the impacts of the CAM and Brunner acquisitions, offset by growth in the commercial aerospace and defense aeros…
Segment Adjusted EBITDA Margin for the Forged Wheels segment decreased approximately 330 basis points in the third quarter of 2026 compared to the third quarter of 2025, primarily due to aluminum and other inflationary cost pass through, partially offset by higher volumes in the commercial transport…
Cash provided from operations was $1,745 in the nine months ended September 30, 2026 compared to $1,230 in the nine months ended September 30, 2025. The increase of $515, or 42%, was primarily due to higher operating results of $498 and increased noncurrent liabilities of $68, related to deferred re…
Text removed vs the prior filing · source: 10-Q · 2026-08-06
Segment Adjusted EBITDA Margin for the Fastening Systems segment increased approximately 80 basis points in the six months ended June 30, 2026 compared to the six months ended June 30, 2025, primarily due to growth in the commercial aerospace and defense aerospace markets, partially offset by the im…
Segment Adjusted EBITDA Margin for the Forged Wheels segment increased approximately 30 basis points in the second quarter of 2026 compared to the second quarter of 2025, primarily due to cost reductions, including lower net headcount in response to lower volumes in the commercial transportation mar…
Cash provided from operations was $1,036 in the six months ended June 30, 2026 compared to $699 in the six months ended June 30, 2025. The increase of $337, or 48%, was primarily due to higher operating results of $311 and lower working capital of $17, partially offset by higher pension contribution…
How to read Risk Factors (Item 1A) in a 10-Q
A 10-Q risk-factor section usually takes one of three forms; this page classifies it as one of:
- Pointer — the filer states there have been no material changes and points back to the annual 10-K risk factors; there is no own risk text to compare this quarter.
- Partial update — the filer carves out specific updated risks ("except as set forth below"); the excerpts show exactly what is new this quarter.
- Restated in full — the quarter carries the complete risk-factor text. When the prior quarter was only a pointer there is no prior full text to diff against, so the page flags the section as restated instead.
This describes the filing structure only — it is never a judgement on whether risk went up or down.
Source: text-level diff of the two SEC EDGAR filings · deterministic (no AI-generated content) · for reference only · not investment advice