Earnings Brief

RTX Q2 Revenue Hits $24.7B, Up 14% Year-Over-Year — Raises Full-Year Guidance

RTX reported second-quarter 2026 revenue of $24.7 billion and adjusted EPS of $1.89. Revenue rose 14% and adjusted net income climbed 22% year-over-year, and the company also raised its full-year guidance.

Justin Jeon·July 23, 2026 at 23:16·4 min

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AIKey Summary

RTX posted Q2 2026 revenue of $24.7B and adjusted net income of $2.58B, up 14% and 22% YoY
Shares jumped 8.39% as RTX raised its full-year revenue and profit guidance

RTX shares surged 8.39% to $211.23 on July 23 (local time) after an SEC (U.S. Securities and Exchange Commission) 8-K filing confirmed second-quarter revenue of $24.7 billion.

📊 Price at Time of Writing (July 23, 2026, 23:13 KST)
$211.23 ▲ +8.39%

Earnings at a Glance

RTX's second-quarter revenue came in at $24.7 billion, up 14% year-over-year. Excluding foreign exchange and other one-time factors, growth was 16%.

GAAP (Generally Accepted Accounting Principles) net income was $2.139 billion, up 29%. Adjusted net income — which excludes acquisition-related accounting adjustments and restructuring costs — rose 22% to $2.579 billion.

RTX's Raytheon unit agreed to sell satellite component maker Blue Canyon Technologies for $620 million.

Revenue: $24.7 billion, +14% year-over-year (+16% excluding foreign exchange)
Earnings per share (EPS): GAAP $1.57 (+29%), adjusted EPS $1.89 (+21%)
Net income: $2.139 billion (+29%), adjusted net income $2.579 billion (+22%)
Cash flow: operating cash flow $3.547 billion, free cash flow (excluding capital expenditures) $2.878 billion
Backlog: $289 billion — $170 billion commercial, $119 billion defense

Outlook for the Next Quarter

RTX raised its full-year 2026 revenue guidance to $95.0 billion–$96.0 billion, up from its previous guidance of $92.5 billion–$93.5 billion.

The company also raised its full-year adjusted EPS guidance to $7.10–$7.25 and its free cash flow guidance to $8.5 billion–$8.75 billion. RTX Chairman and CEO Chris Calio said, "Given our first-half results and current backlog, we are raising our full-year revenue, adjusted EPS, and free cash flow guidance."

Market Reaction

RTX shares jumped 8.39% after the earnings report to $211.23 (as of 23:13 KST on July 23, 2026).

CEO Calio said, "Both commercial aftermarket (parts and services) and defense posted double-digit growth, and margins improved across all three business segments." The company added that its backlog grew 22% year-over-year.

By Business Segment

Collins Aerospace: revenue $8.21 billion, +8% year-over-year, adjusted operating margin 16.7%
Pratt & Whitney: revenue $8.889 billion, +16% year-over-year, adjusted operating margin 8.3%

This article was automatically generated based on the original SEC 8-K filing and wire reports, with the aim of quickly conveying key data immediately after the announcement. Readers are advised to review the company's official filing before making trading decisions. Prices reflect the time this article was written and may differ from current levels.

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