| Metric | Value ($ M) | Q1 FY26 | Q2 FY25 |
|---|---|---|---|
| Revenue | 24.7K | 11.9% | 14.5% |
| Total Income | 24.7K | 11.9% | 14.5% |
| Expenditure | 22.0K | 12.1% | 12.8% |
| PBT | 2.7K | 8.8% | 34.4% |
| Net Profit | 2.1K | 3.9% | 29.1% |
| OPM | 11.38% | 0.20pp | 1.43pp |
| NPM | 8.66% | 0.67pp | 0.98pp |
| EPS | 1.58 | 3.3% | 27.4% |
RTX Reports Q2 2026 Results with Double-Digit Sales and Earnings Growth
23 Jul 2026 · 23 Jul, 4:26 pm
Summary
RTX Corporation announced strong second quarter 2026 results, with sales reaching $24.7 billion, up 14% year-over-year and 16% organically. Adjusted EPS grew 21% to $1.89, and the company generated $2.9 billion in free cash flow. Given the performance and robust backlog of $289 billion, RTX has raised its full-year 2026 outlook for adjusted sales, adjusted EPS, and free cash flow. Management highlighted double-digit growth across commercial aftermarket and defense, margin expansion in all segments, and robust demand as key drivers.
Key Highlights
- 1
RTX reported second quarter 2026 sales of $24.7 billion, an increase of 14 percent versus the prior year and 16 percent organically.
- 2
Adjusted Earnings Per Share (EPS) for the second quarter of 2026 was $1.89, representing a 21 percent increase compared to the prior year.
- 3
The company generated $3.5 billion in operating cash flow and $2.9 billion in free cash flow in the second quarter of 2026.
- 4
RTX's total company backlog stands at $289 billion, comprising $170 billion in commercial and $119 billion in defense.
- 5
The company has raised its full-year 2026 outlook for adjusted sales, adjusted EPS, and free cash flow.
- 6
Collins Aerospace reported an 8 percent increase in sales to $8.2 billion, driven by commercial aftermarket and defense growth.
- 7
Pratt & Whitney's sales grew 16 percent to $8.9 billion, fueled by commercial aftermarket and military segment increases.
- 8
Raytheon's sales increased by 18 percent to $8.3 billion, attributed to higher volume in land and air defense systems.
Management Comments
Chris Calio
RTX delivered very strong second quarter results with 16 percent organic sales growth,* including double-digit commercial aftermarket and defense growth, margin expansion across all three segments, and $2.9 billion of free cash flow.* Demand remains robust, and our backlog is up 22 percent year over year. Given our first half performance and current backlog, we are raising our full year outlook for adjusted sales,* adjusted EPS,* and free cash flow.* RTX is exceptionally well positioned to drive continued growth as we execute on our backlog, increase productivity, expand capacity, and introduce new technologies to our customers.
Informational and educational content only. Not investment advice.