RTX (RTX) Q3 2026 Earnings
GAAP EPS of $1.89 includes $0.26 of acquisition accounting adjustments and $0.11 of restructuring and other net significant and/or non-recurring items. Adjusted EPS of $2.26 includes $0.25 from IEEPA cost recovery. Pratt & Whitney incurred a $363 million charge related to a customer bankruptcy, excluded from adjusted results.
How Did RTX Stock React to Q3 2026 Earnings?
Did RTX Beat Earnings? Q3 2026 Results
Yes. RTX reported Q3 2026 earnings of $2.26 a share on Oct 20, 2026, beating the $1.78 consensus estimate by 27.0%. Revenue was $25.0B against a $24.1B estimate.
RTX Corp delivered a standout third quarter for fiscal 2026, posting adjusted EPS of $2.26 against a consensus estimate of $1.79, a beat of 27.03% that extended the company's streak of consensus EPS beats to six consecutive quarters. Revenue of $24.96 billion grew 11.1% year over year, clearing the $24.11 billion estimate by 3.57%, as robust commercial aerospace demand and accelerating defense production lifted all three business segments. The single most material driver of the quarter was Collins Aerospace, where adjusted operating margins expanded 560 basis points to 21.3%, powered by commercial volume, favorable mix, and roughly $250 million of IEEPA tariff cost recovery; Raytheon and Pratt & Whitney also contributed meaningfully, with Raytheon's adjusted operating profit rising 32% on strong Patriot, Standard Missile, and Tomahawk volume. Investors had been watching closely whether Pratt & Whitney's commercial engine trends would pressure results, but the division's aftermarket strength offset a $363 million customer bankruptcy charge excluded from adjusted results. RTX raised its full-year 2026 guidance for the third time, lifting adjusted EPS to $7.65 to $7.75 and free cash flow to $9.00 to $9.20 billion.
- Double-digit organic sales growth across commercial aerospace and defense
- Collins Aerospace commercial OE sales up 23% driven by higher narrowbody and widebody platform volume
- Pratt & Whitney commercial aftermarket up 21% driven by higher GTF volume
- Raytheon sales up 14% driven by higher volume on naval programs and land and air defense systems
- IEEPA tariff cost recovery contributing approximately $0.25 to adjusted EPS
- Collins Aerospace adjusted operating margin expanded 560 basis points to 21.3%
- Adjusted segment operating profit growth of $1.1 billion across all three segments
- Raytheon productivity included approximately $85 million from international contract modification and favorable offset obligation adjustment
“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.”
RTX CEO, on the earnings call
What Is RTX's Outlook?
RTX raised its full-year 2026 outlook: adjusted sales of $97.0–$97.5 billion (up from $95.0–$96.0 billion), organic sales growth of 10–11% (up from 8–9%), adjusted EPS of $7.65–$7.75 (up from $7.10–$7.25), and free cash flow of $9.0–$9.2 billion (up from $8.50–$8.75 billion).
RTX YoY Financials
| Metric | Q3 2026 | Q3 2025 | Year over year |
|---|---|---|---|
| Revenue | $25.0B | $22.5B | +11.1% |
| Operating Income | $3.3B | $2.5B | +35.7% |
| Net Income | $2.6B | $1.9B | +34.7% |
RTX Revenue by Segment
Figures from SEC filings and company reports. Not investment advice.