RTX Corp Earnings Summary — Q1 2026

• RTX achieved a substantial 34.14% year-over-year increase in net income for Q1 2026.
• Revenue reached $22.08 billion, representing a trailing twelve-month trend of steady growth in both commercial and defense segments.
• Operating income margin improved to 11.57% compared to 10.71% in the prior quarter and 10.02% in Q1 2025.
• Total operating expenses decreased sequentially to $2.04 billion, aiding the bottom-line performance.
• Net income to common shareholders rose to $2.06 billion, up from $1.54 billion in the same quarter last year.
• Research and Development spending remains high at $627 million, supporting next-generation defense technology initiatives.

Management expects continued net income recovery through 2025-2026, targeting an underlying operational income recovery toward $9.3B by 2025 and an EPS projection of approximately $5.02.

Improving

The firm is demonstrating clear recovery from the GTF engine powder metal issues, with profit margins expanding and revenue maintaining a high-single-digit growth trajectory.

RTX is well-positioned to capitalize on increased global defense spending and the continued recovery in commercial air travel, supported by a robust backlog in Collins Aerospace and Pratt & Whitney segments.