RTX Corporation: Beat — EPS $2.26, Revenue $24.97B
Earnings BeatQ3 2026 · Pre-market
@trystockwhiz
Did RTX Corporation (RTX) beat earnings today?
Yes, RTX Corporation (RTX) beat Wall Street analyst expectations for Q3 2026, reporting higher-than-expected EPS and higher-than-expected revenue.
Earnings Per Share+26.97% surprise
$2.26Actual
Expected: $1.78
vs. year ago +33.0%
Total Revenue+3.55% surprise
$24.97BActual
Expected: $24.11B
vs. year ago +11.0%
Released Oct 20 · 6:55 AM ET
Earning Report
| Metric | Q3 2026 | Q3 2025 | YoY Change % |
|---|---|---|---|
| Revenue | $24.96B | $22.48B | +11.0 |
| Revenue detail — reported lines | |||
| └─Collins Aerospace | $8.38B | $7.62B | +10.0 |
| └─Pratt & Whitney | $9.23B | $8.42B | +10.0 |
| └─Raytheon | $8.03B | $7.04B | +14.0 |
| Net Income | $2.58B | $1.92B | +35.0 |
| GAAP Basic EPS | $1.91 | $1.43 | +33.6 |
| GAAP Diluted EPS | $1.89 | $1.41 | +34.0 |
| Adjusted Diluted EPS | $2.26 | $1.70 | +33.0 |
Financial Outlook / Guidance
| Metric | Next Quarter Outlook | FY2026 Outlook |
|---|---|---|
| Adjusted Sales | — | $97.0B-$97.5B (prev. $95.0B-$96.0B) |
| Organic Sales Growth | — | 10-11% (prev. 8-9%) |
| Adjusted EPS | — | $7.65-$7.75 (prev. $7.10-$7.25) |
| Free Cash Flow | — | $9.0B-$9.2B (prev. $8.50B-$8.75B) |
Business Highlights
- ➤Awarded Tomahawk and AMRAAM multi-year undefinitized production contracts.
- ➤Received over $81B of new commercial and defense awards.
- ➤Reached a record $340B backlog, including commercial and defense programs.
- ➤Commercial OE growth reflected higher volume on narrowbody and widebody platforms.
- ➤Commercial aftermarket growth included modifications, upgrades, provisioning, parts and repair.
- ➤Pratt & Whitney commercial aftermarket volume increased, primarily for GTF engines.
- ➤Raytheon volume increased across Patriot, Standard Missile and Tomahawk programs.
- ➤RTX remains focused on increasing output, optimizing costs and investing in new technologies.
- ➤RTX employs more than 180,000 people globally.
Management Commentary
Chris Calio, Chairman and CEO
“Our strong execution and operational focus in the third quarter enabled RTX to deliver double-digit organic sales growth* across commercial aerospace and defense. Demand for our products remains robust with over $81 billion of new commercial and defense awards, resulting in a record backlog of $340 billion,”
Chris Calio, Chairman and CEO
“Given our performance year to date, we are again raising our full year outlook for adjusted sales,* adjusted EPS,* and free cash flow.* We remain focused on increasing output, optimizing our cost structure, and investing in new technologies to support our customers and drive continued growth.”