← Who reports today · Industrials
How RTX Corporation (RTX) makes money: Q2 2026 revenue breakdown
US GAAP · $M · vs Q2 2025 · quarter ended 06/30/2026
RTX Corporation, formerly Raytheon Technologies Corporation, is an American multinational aerospace and defense conglomerate headquartered in Arlington, Virginia. · Wikipedia
More about the company
It is one of the largest aerospace and defense manufacturers in the world by revenue and market capitalization, as well as one of the largest providers of intelligence services. In 2023, the company's rank in the Forbes Global 2000 was 79. RTX manufactures aircraft engines, avionics, aerostructures, cybersecurity solutions, guided missiles, air defense systems, satellites, and drones. The company is a large military contractor, getting much of its revenue from the U.S. government.
Key growth driver: Products — the fastest-growing revenue line: $17,944, +15% y/y. · by the Q2 2026 report
How does RTX make money?
RTX brought in $24.7 billion of revenue in Q2 2026, up 14.5% year over year. The largest source was Products: $17.9 billion, or 73% of the total, followed by Services ($6.76B, 27%). Net income for the quarter was $2.14 billion, up 29.1% year over year.
Revenue by source, Q2 2026
- Products$17.9B · 73% · +15.4%
- Services$6.76B · 27% · +12.2%
Shares of $24.7B total revenue; changes are year over year, as reported. ≈ marks lines derived from disclosed totals. The same flows are drawn in the Sankey chart below.
When is RTX’s next earnings date?
Tuesday, October 20, 2026confirmed · before market open
RTX Corporation (RTX) is scheduled to report results for the quarter ending Sep 2026 on Oct 20, 2026. Consensus EPS forecast: $1.75 (5 analysts), vs $1.70 in the same quarter last year.
What time does RTX report? Usually before market open: the last 4 results releases reached the SEC at 6:51 am, 7:08 am, 6:57 am, 6:56 am ET.
Last report: Jul 23, 2026 (Q2 2026) — broken down in the Sankey chart below. Dates and consensus: Nasdaq / Zacks Investment Research; companies do reschedule. Who else reports this week →
All figures in $M.
Revenue
$24,708
+14.5%
Gross profit
$5,133
+17.3%
margin 20.8%
Operating income
$2,811
+31.0%
margin 11.4%
Net income
$2,139
+29.1%
EPS $1.57 · +28.7%
Verdict: a strong defense-cycle quarter — sales up 14.5% with products leading (+15.4%), operating profit up 31% as volume outran cost growth; pension income and lower interest expense pushed pre-tax income up 34%.
H1'26: OCF $5.4B (vs $1.8B H1'25) · dividends $1.9B in Q2 · dividend $1.46/sh (+7.4%) · no buybacks in H1 · Blue Canyon Technologies sale agreed 06/19/2026
Source and notation
* marks non-cash / ≈ estimated. Source: RTX 10-Q (SEC EDGAR).
Open the chart as a PNG image ↗ · for sharing and presentations · free to reuse, CC BY 4.0
RTX earnings history: past report dates
| Jul 23, 2026 Thu | 6:51 ambefore market open | Jun 30, 2026 | $24.7B+14% y/y | $1.57+29% y/y |
| Apr 21, 2026 Tue | 7:08 ambefore market open | Mar 31, 2026 | $22.1B+9% y/y | $1.51+32% y/y |
| Jan 27, 2026 Tue | 6:57 ambefore market open | Dec 31, 2025 | ≈$24.2B+12% y/y | ≈$1.19+8% y/y |
| Oct 21, 2025 Tue | 6:56 ambefore market open | Sep 30, 2025 | $22.5B+12% y/y | $1.41+29% y/y |
| Jul 22, 2025 Tue | 6:58 ambefore market open | Jun 30, 2025 | $21.6B+9% y/y | $1.22 |
| Apr 22, 2025 Tue | 7:00 ambefore market open | Mar 31, 2025 | $20.3B+5% y/y | $1.14−11% y/y |
| Jan 28, 2025 Tue | 7:11 ambefore market open | Dec 31, 2024 | ≈$21.6B+9% y/y | ≈$1.10+6% y/y |
| Oct 22, 2024 Tue | 7:00 ambefore market open | Sep 30, 2024 | $20.1B+49% y/y | $1.09 |
How we count
Report date and time — when the company filed its results press release with the SEC (Form 8-K, Item 2.02); the regular session runs 9:30 am – 4:00 pm ET. Revenue and diluted EPS — the company’s XBRL filings, EPS adjusted for stock splits; ≈ — fourth quarter derived as full year minus three quarters. Source: SEC EDGAR.
RTX Corporation: 5-year financials
| 2025 | 88,603 | 9,300 | 6,732 | 7,940 | 3,574 |
| 2024 | 80,738 | 6,538 | 4,774 | 4,534 | 3,217 |
| 2023 | 68,920 | 3,561 | 3,195 | 5,468 | 3,239 |
| 2022 | 67,074 | 5,504 | 5,197 | 4,880 | 3,128 |
| 2021 | 64,388 | 5,136 | 3,864 | — | 2,957 |
$ millions, annual 10-K reports on SEC EDGAR (US GAAP).
How we calculate
Figures are the annual report lines as filed, no adjustments. Free cash flow is operating cash flow minus capital expenditures; dividends are cash paid to common shareholders during the year. “—” means the line isn’t in the filing.
Corporate governance
2/2good
How the company treats minority shareholders: 2 — well, 0 — systematically poorly.
More
- Feb 2026Cover of the 2025 10-K: one class of common stock ($1 par, NYSE: RTX); 1,342.3M shares as of December 31, 2025; diluted shares −0.1% over 5 years. sec.gov ↗
- Feb 2026A class action over disclosure of the Pratt & Whitney powder metal issue was dismissed on September 12, 2025 (plaintiffs are appealing); the SEC investigation continues with no charges. sec.gov ↗
- Jul 2023Q2 2023 10-Q: a 2020 shareholder class action in Arizona (filed after disclosure of a DOJ investigation) was dismissed with prejudice and not appealed — case closed with no payout. sec.gov ↗
- Feb 2026Declared dividend: $2.005 (2021) → $2.67 per share (2025), raised every year. data.sec.gov ↗
Scoring: 2.0 with no deductions = 2.0 (single share class, shares −0.1% over 5 years, dividend rising after adjusting for the Carrier/Otis spin-offs; disclosure class actions dismissed by courts; 2024 settlements over FCPA and overpricing of government contracts are not deducted under the methodology)
- Share classes
- 10-K cover: one class of common stock (NYSE: RTX) plus notes.
- Dilution
- Diluted shares −0.1% over 2020–2025 (the UTC–Raytheon merger in April 2020 falls outside the window); SBC 0.6% of revenue.
- Disclosure
- Full reporting, no violations.
- Dividends
- The 2020 per-share cut ($0.735 → $0.475/quarter) reflects the Carrier and Otis spin-offs — shareholders received their shares; raised every year since: $2.005 (2021) → $2.67 (2025).
- Lawsuits & regulators
- 2020 disclosure suit (D. Ariz., Raytheon/DOJ) dismissed with prejudice in May 2023, not appealed; GTF powder metal suit dismissed on September 12, 2025 (on appeal); SEC investigation of GTF ongoing with no charges; October 2024 DPA/SEC order (>$950M) over FCPA (Qatar) and overpricing of Defense Department contracts — not deducted under the methodology.
- Related parties
- No material related-party transactions.
How the score works · checked as of Sep 2026
RTX Corporation (RTX) earnings: FAQ
How does RTX make money?
RTX brought in $24.7 billion of revenue in Q2 2026, up 14.5% year over year. The largest source was Products: $17.9 billion, or 73% of the total, followed by Services ($6.76B, 27%). Net income for the quarter was $2.14 billion, up 29.1% year over year.
When is RTX's next earnings date?
RTX Corporation (RTX) is scheduled to report on Oct 20, 2026, before market open.
What time does RTX report earnings?
RTX Corporation is scheduled to report before market open on Oct 20, 2026. Its last results releases were filed before market open, most recently at 6:51 am ET on Jul 23, 2026.
When did RTX last report earnings?
RTX Corporation reported Q2 2026 results on Jul 23, 2026.
What is the EPS estimate for RTX's next earnings?
The consensus EPS forecast is $1.75 (5 analysts), vs $1.70 in the same quarter last year.
Where can I find RTX Corporation's financial statements?
On SEC EDGAR: quarterly reports (10-Q), the annual report (10-K) and earnings releases (8-K). The “Verified” badge next to the chart links to RTX's filings; this page breaks the latest report down in a Sankey chart.
What was RTX's net income in Q2 2026?
RTX Corporation reported net income of $2,139M for Q2 2026 (+29.1% year over year), under US GAAP.
Does RTX Corporation pay dividends?
Yes. In 2025, RTX Corporation paid $3,574M in dividends on its common stock, per its 10-K. Earlier years are in the five-year table above.
New to earnings reports? Start with how to read an earnings report.
How this page was made: the figures come from the company's own report on SEC EDGAR; the summary and nuances were drafted by our model from that report. Figures checked against the filing on 08/25/2026. How we make the breakdowns · Report an error
More reports: TT · Q2 2026 · UBER · Q2 2026 · UNP · Q2 2026 · UPS · Q2 2026 · VRT · Q2 2026 · WM · Q2 2026 · ADP · FQ4 2026 · BA · Q2 2026 · CAT · Q2 2026 · CMI · Q2 2026 · all reports