Inteliview
Log inSign up
TopicsPOSITIVE

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··Updated July 24, 2026 at 01:00·5 min read
Also available in Korean한국어로 보기 →
rtx-q2-revenue-24-7b-up-14-percent-raises-guidance
rtx-q2-revenue-24-7b-up-14-percent-raises-guidance
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.

RTXRTX
차트 불러오는 중

Frequently Asked Questions

How much did RTX's Q2 revenue and profit grow?

Revenue rose 14% year-over-year to $24.7 billion, and adjusted net income increased 22% to $2.579 billion.

What is adjusted EPS (earnings per share)?

It is earnings per share excluding one-time items such as M&A-related accounting adjustments and restructuring costs. RTX's adjusted EPS for the quarter was $1.89, up 21% year-over-year.

Why did RTX raise its full-year guidance?

The company cited strong first-half results and a growing backlog. It raised its revenue guidance to $95.0 billion–$96.0 billion and its free cash flow guidance to $8.5 billion–$8.75 billion.

What is backlog?

It is the total value of contracted future orders that have not yet been recognized as revenue. RTX's backlog stands at $289 billion, combining $170 billion in commercial orders and $119 billion in defense orders.

More on this topic
Justin Jeon
Author

Justin Jeon

Topics
FREE MEMBERSHIP

Did you find this useful?

Sign up to bookmark articles, follow gurus, and manage your portfolio — all for free.

Guru trade alerts
Portfolio tracker
Article bookmarks

Related Articles

Wall Street's Defining Moments

See more
Browse defining moments

Insights

INTELIVIEW NEWSLETTER

Smart Money Briefing

Weekly summaries of Wall Street guru moves and crypto whale activity.