RTX (RTX) Q4 2025 Earnings
How Did RTX Stock React to Q4 2025 Earnings?
S&P 500 over the same 30 days: −1.37%.
Did RTX Beat Earnings? Q4 2025 Results
Yes. RTX reported Q4 2025 earnings of $1.55 a share on Jan 27, 2026, beating the $1.47 consensus estimate by 5.3%. Revenue was $24.2B against a $22.7B estimate.
RTX closed out 2025 with a notably strong fourth quarter, posting adjusted EPS of $1.55 against a Wall Street consensus of $1.47 — a 5.44% beat — while revenue of $24.24 billion topped estimates by 7.10% and rose 12.1% year-over-year. The standout driver behind the outperformance was Pratt & Whitney, which surged 25% in Q4 sales on the back of a 30% jump in military revenues tied to higher F135 production and sustainment activity, alongside a 21% gain in commercial aftermarket. Collins Aerospace and Raytheon also contributed, with Raytheon's land and air defense programs — including Patriot and Tomahawk — helping sustain momentum across the defense portfolio. RTX's record backlog of $268.00 billion, evenly split between $161.00 billion in commercial and $107.00 billion in defense orders, underscores the demand runway ahead. Looking to 2026, management guided for adjusted sales of $92.00 to $93.00 billion, adjusted EPS of $6.60 to $6.80, and free cash flow of $8.25 to $8.75 billion, even as tariff headwinds were flagged as a partial offset at both Collins and Pratt & Whitney.
- Pratt & Whitney Q4 sales up 25% driven by 28% commercial OE growth, 21% commercial aftermarket growth, and 30% military growth
- Higher F135 production volume and sustainment volume across multiple military platforms
- Collins Aerospace commercial aftermarket up 13% and commercial OE up 9% excluding divestitures
- Raytheon growth driven by higher volume on Patriot, GEM-T, Evolved SeaSparrow Missile, and Tomahawk
- Improved net productivity and favorable program mix at Raytheon driving 22% adjusted operating profit growth
- Full year free cash flow up $3.4 billion versus prior year
“RTX delivered strong sales, adjusted EPS and free cash flow in 2025, enabled by our continued focus on operational performance and execution.”
RTX CEO, on the earnings call
What Was RTX's Outlook in Q4 2025?
For full year 2026, RTX expects adjusted sales of $92.0 to $93.0 billion, organic sales growth of 5 to 6 percent, adjusted EPS of $6.60 to $6.80, and free cash flow of $8.25 to $8.75 billion. The company expects continued sales, earnings, and cash flow growth in 2026.
RTX YoY Financials
| Metric | Q4 2025 | Q4 2024 | Year over year |
|---|---|---|---|
| Revenue | $24.2B | $21.6B | +12.1% |
| Gross Profit | $4.7B | $4.2B | +11.4% |
| Operating Income | $2.6B | $1.9B | +40.1% |
| Net Income | $1.6B | $1.5B | +9.5% |
RTX Revenue by Segment
Figures from SEC filings and company reports. Not investment advice.