RTX released its first quarter 2026 earnings on April 21, 2026, reporting revenue of $24.24 billion, a 12.1% increase year-over-year that exceeded analyst estimates of $22.65 billion. This performance underscores robust demand in Collins Aerospace, Pratt & Whitney, and Raytheon segments amid expanding commercial and defense backlogs.
The results align with RTX’s momentum from 2025, where full-year sales reached $88.6 billion, up 10% organically, and free cash flow hit $7.9 billion. Q1 revenue surge reflects higher production rates for engines and avionics, critical for meeting airline fleet expansions and military contracts.
Segment breakdowns show Collins Aerospace adjusted net sales topping estimates at around $7.53 billion, Pratt & Whitney at $7.67 billion, and Raytheon at $6.85 billion. Adjusted operating profits advanced, with Collins at $1.24 billion, Raytheon at $770.5 million, and Pratt & Whitney at $642 million.
Building on a $268 billion backlog—$161 billion commercial, $107 billion defense—RTX affirmed its full-year 2026 outlook of $92-93 billion in adjusted sales, 5-6% organic growth, adjusted EPS of $6.60-$6.80, and $8.25-8.75 billion free cash flow. These figures signal operational strength in aerospace and defense markets, supporting capacity investments for sustained delivery.
A conference call at 8:30 a.m. ET reviewed the quarter, highlighting execution on customer needs in high-growth areas like next-generation engines and missile systems.