RTX Corporation (RTX) Earnings: Q3 2026 Results and Next Report Date
Last updated November 2026
Short answer
RTX reported revenue of $25.0 billion for Q3 2026, up 11% from a year earlier (RTX, Oct 20, 2026). Diluted EPS was $1.89, up 34% from $1.41. Collins Aerospace brought in $8,382 million, up 10%. RTX next reports around January 26, 2027 (an estimated date). Every figure is from RTX's release. Walnut is informational, not investment advice.
RTX Q3 2026 results
In one sentence
RTX reported revenue of $25.0 billion for Q3 2026, up 11% from a year earlier (RTX, Oct 20, 2026).
| Measure | Q3 2026 | Q3 2025 | Change |
|---|---|---|---|
| Revenue | $24,965 million | $22,478 million | up 11% |
| Diluted EPS (GAAP) | $1.89 | $1.41 | up 34% |
| Diluted EPS (adjusted) | $2.26 | $1.70 | up 33% |
| Net income | $2,583 million | $1,918 million | up 35% |
The quarter ended September 30, 2026 and RTX published the results on October 20, 2026. Revenue and diluted EPS are shown against Q3 2025, the same quarter a year earlier, which takes seasonal swings out of the comparison. RTX reports EPS two ways: GAAP, under the accounting rules every US filer follows, and adjusted, which leaves out items the company considers outside its operating results. The release reconciles the two, and when they diverge, the reconciliation says why.
- RTX sold Collins Aerospace's actuation and flight control business in Q3 2025, so Collins sales grew 10 percent as reported and 12 percent organically.
- Q3 2026 includes recoveries of IEEPA tariffs after the U.S. Supreme Court ruled them unauthorized in February 2026. RTX says they added $0.25 to adjusted EPS.
- Pratt & Whitney's reported operating profit includes a $363 million charge related to a customer bankruptcy, which adjusted figures exclude.
Source: RTX Q3 2026 results, October 20, 2026. Also in the Form 10-Q for the quarter ended September 30, 2026. Figures as reported; checked against the release on November 10, 2026.
RTX revenue by segment
How RTX splits revenue in its own release, under its own labels, for Q3 2026 against Q3 2025. Indented lines are parts of the line above them.
| Net sales by segment | Q3 2026 | Q3 2025 | Change |
|---|---|---|---|
| Collins Aerospace | $8,382 million | $7,621 million | up 10% |
| Pratt & Whitney | $9,231 million | $8,423 million | up 10% |
| Raytheon | $8,031 million | $7,045 million | up 14% |
| Eliminations and other | -$679 million | -$611 million | n/a |
- RTX's Collins Aerospace revenue was $8.4 billion in Q3 2026, up 10% from $7.6 billion in Q3 2025, 34% of total revenue.
- RTX's Pratt & Whitney revenue was $9.2 billion in Q3 2026, up 10% from $8.4 billion in Q3 2025, 37% of total revenue.
- RTX's Raytheon revenue was $8.0 billion in Q3 2026, up 14% from $7.0 billion in Q3 2025, 32% of total revenue.
Segment lines are the figures writers cite most often, because they show where the growth in a quarter came from. Companies redraw their segments from time to time and restate the prior year to match, so a year-ago figure here can differ from the one printed a year ago. When that has happened, the note above says so.
RTX's outlook for Full year 2026
From the earnings release
RTX gives its outlook on an adjusted basis and says a reconciliation to GAAP EPS is not available without unreasonable effort.
In its Q3 2026 release, RTX said:
“Adjusted sales* of $97.0 - $97.5 billion, up from $95.0 - $96.0 billion”
“Organic sales growth* of 10 to 11 percent, up from 8 to 9 percent”
“Adjusted EPS* of $7.65 - $7.75, up from $7.10 - $7.25”
“Free cash flow* of $9.0 - $9.2 billion, up from $8.50 - $8.75 billion”
Source: RTX Q3 2026 release, Oct 20, 2026.
This is the company's own guidance as of Oct 20, 2026, quoted as given. Walnut does not make forecasts of its own. Analyst estimates for the coming quarters are on the RTX forecast page.
RTX recent quarters
Revenue and diluted EPS for the last 5 quarters. Each date links to that quarter's release.
| Quarter | Revenue | Diluted EPS | Reported |
|---|---|---|---|
ended Sep 30, 2026 | $24,965 million | $1.89 | Oct 20, 2026 |
Q2 2026 ended Jun 30, 2026 | $24,708 million | $1.57 | Jul 23, 2026 |
Q1 2026 ended Mar 31, 2026 | $22,076 million | $1.51 | Apr 21, 2026 |
Q4 2025 ended Dec 31, 2025 | $24,238 million | $1.19 | Jan 27, 2026 |
Q3 2025 ended Sep 30, 2025 | $22,478 million | $1.41 | Oct 21, 2025 |
Net sales and GAAP diluted EPS, each as first reported in that quarter's release.
When does RTX report earnings next?
RTX's next report is expected around January 26, 2027, a date estimated from its reporting history that the company has not yet confirmed. This page will show Q3 2026 until those results are out and have been checked against the release.
Past RTX quarterly reports
Each quarter keeps its own page with the figures as reported, so a link to one stays pointed at the same numbers after the next report.
- Q3 2026 (this page), reported Oct 20, 2026
What RTX's revenue is made of
RTX reported Q3 2026 net sales of $24,965 million from three segments: Pratt & Whitney $9,231 million, Collins Aerospace $8,382 million and Raytheon $8,031 million, less $679 million of eliminations and other. Sales grew 11 percent as reported and 12 percent organically, with organic growth of 14 percent at Raytheon, 12 percent at Collins Aerospace and 10 percent at Pratt & Whitney. (RTX Q3 2026 release, Oct 20, 2026)
By customer, commercial aerospace and other commercial sales were $12,217 million, against $10,725 million a year earlier. Sales to the U.S. government were $8,875 million, foreign military sales through the U.S. government $2,135 million and foreign government direct commercial sales $1,738 million. (RTX Form 10-Q, Q3 2026, Oct 20, 2026)
RTX gave segment detail for the growth. At Collins Aerospace, commercial OE sales rose 23 percent on narrowbody and widebody volume, commercial aftermarket 9 percent and defense 7 percent. At Pratt & Whitney, commercial aftermarket rose 21 percent on higher volume, primarily GTF, military rose 2 percent and commercial OE fell 5 percent on large commercial engine mix. Raytheon's 14 percent rise came from naval programs and land and air defense systems, including Patriot, Standard Missile and Tomahawk. (RTX Q3 2026 release, Oct 20, 2026)
RTX's backlog was $340 billion at September 30, 2026, against $268 billion at December 31, 2025: $176 billion commercial and $164 billion defense. Raytheon recorded $52 billion of defense bookings in the quarter, including $23 billion for Tomahawk for the U.S. Navy and $14.3 billion for AMRAAM for the U.S. Air Force. (RTX Form 10-Q, Q3 2026, Oct 20, 2026)
Airbus is RTX's largest commercial customer. Sales to Airbus, mainly Pratt & Whitney and Collins products, were approximately 14 percent of total net sales in 2025 before discounts and incentives. (RTX Form 10-K, 2025, Feb 6, 2026)
What RTX's EPS includes
RTX's GAAP diluted EPS of $1.89 in Q3 2026 included $0.26 of acquisition accounting adjustments and $0.11 of restructuring and other net significant and/or non-recurring items, which its adjusted EPS of $2.26 excludes. The largest non-recurring item was a $363 million charge at Pratt & Whitney related to a customer bankruptcy, partly offset by a $159 million pre-tax gain on investments. (RTX Q3 2026 release, Oct 20, 2026)
Adjusted EPS rose 33 percent from $1.70 and included $0.25 from IEEPA cost recovery. RTX paid approximately $0.5 billion of IEEPA tariffs before the U.S. Supreme Court ruled them unauthorized in February 2026, and it has recognized approximately $0.4 billion of approved refunds. In Q3 2026 segment profit, IEEPA recovery was about $250 million at Collins Aerospace and about $160 million at Pratt & Whitney. (RTX Q3 2026 release, Oct 20, 2026; RTX Form 10-Q, Q3 2026, Oct 20, 2026)
Diluted shares rose to 1,368.1 million from 1,358.4 million a year earlier, and RTX's cash flow statement shows no share repurchases in the first nine months of 2026, against $50 million a year earlier. Dividends paid were $984 million in the quarter. The effective tax rate was 18.0%, and 18.7% on an adjusted basis against 16.7%. (RTX Q3 2026 release, Oct 20, 2026)
Diluted EPS divides net income by the weighted average number of shares outstanding in the quarter, plus the shares that options and other equity awards could add. Buybacks shrink that count and lift EPS for the same profit; share issuance and stock awards enlarge it.
Consensus and guidance at RTX
RTX publishes a full-year outlook in its release and raised it in Q3 2026: adjusted sales of $97.0 to $97.5 billion, up from $95.0 to $96.0 billion; organic sales growth of 10 to 11 percent, up from 8 to 9 percent; adjusted EPS of $7.65 to $7.75, up from $7.10 to $7.25; and free cash flow of $9.0 to $9.2 billion, up from $8.50 to $8.75 billion. (RTX Q3 2026 release, Oct 20, 2026)
RTX gives the outlook on an adjusted basis only and says a reconciliation to expected GAAP diluted EPS and cash flow from operations is not available without unreasonable effort, citing items such as litigation outcomes, currency moves and acquisitions or divestitures. (RTX Q3 2026 release, Oct 20, 2026)
A consensus figure is the average of the models published by the analysts who cover RTX, collected by a data provider and revised up to the day of the report. A quarter that lands above it says how expectations were set as much as how the business did, and the share price on the day also reflects the guidance and the lines no consensus covers.
The consensus figures on this page are Yahoo Finance's, as pulled on the date shown. Each comes with the number of analysts behind it; the smaller that number, the more one revised estimate can move the average.
The numbers analysts watch at RTX
The figures below are the ones RTX's own release and filings put weight on for Q3 2026, with the latest reported value for each.
| Metric | Latest reported |
|---|---|
| Backlog | $340 billion, against $268 billion at December 31, 2025 Commercial $176 billion; defense $164 billion RTX Form 10-Q, Q3 2026, Oct 20, 2026 |
| Organic sales growth | 12 percent Raytheon 14 percent, Collins Aerospace 12 percent, Pratt & Whitney 10 percent RTX Q3 2026 release, Oct 20, 2026 |
| Adjusted segment operating profit margin | 15.2%, against 12.1% Collins Aerospace 21.3%, Raytheon 14.1%, Pratt & Whitney 10.5% RTX Q3 2026 release, Oct 20, 2026 |
| Raytheon defense bookings | $52 billion in the quarter Includes $23 billion for Tomahawk and $14.3 billion for AMRAAM RTX Form 10-Q, Q3 2026, Oct 20, 2026 |
| Free cash flow | $2,119 million, against $4,025 million Operating cash flow $2,868 million less capital expenditures of $749 million RTX Q3 2026 release, Oct 20, 2026 |
What the quarter means for a holding is a separate question from what it reported. The case for and against owning RTX is on is RTX a buy or a sell?, what analysts expect next is on the RTX forecast, and what the company does is on the RTX Corporation (RTX) stock page.
How to check RTX's figures yourself
Every number on this page can be traced to a document RTX published. Checking one takes a couple of minutes, and it is worth doing before you quote a figure anywhere.
- The results release is the document linked in the source line above. Companies publish it on their investor relations site at the moment results go out, and it carries the headline tables: revenue, operating income, net income and EPS for the quarter and the year-ago quarter.
- The same release is filed with the SEC as Exhibit 99.1 to a Form 8-K under Item 2.02, usually on the day of the report. The SEC copy does not change after the fact, which makes it the safer thing to link when you cite a number.
- The quarterly report (Form 10-Q) follows within a few weeks and carries the full financial statements, the segment note and management's discussion of what changed. The fourth quarter is covered by the annual report (Form 10-K) instead.
- Restated comparisons are flagged in the notes on this page. When a company redraws its segments or changes how it adjusts EPS, it restates the year-ago column, so the year-ago figure in a new release can differ from the one printed a year ago. This page always uses the comparison in the newer release, because that is the like-for-like one.
A walk-through of every line in a release, with what each one tells you, is in how to read an earnings report.
Your questions about RTX
Ask Walnut's AI anything about RTX and see how it fits what you own.
FAQ
What was RTX's revenue last quarter?
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RTX reported revenue of $24,965 million for Q3 2026, the quarter ended September 30, 2026, against $22,478 million in Q3 2025 (up 11%). The figures come from RTX's results release of October 20, 2026.
What guidance did RTX give for Full year 2026?
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RTX gives its outlook on an adjusted basis and says a reconciliation to GAAP EPS is not available without unreasonable effort. In its Q3 2026 release, RTX said: "Adjusted sales* of $97.0 - $97.5 billion, up from $95.0 - $96.0 billion Organic sales growth* of 10 to 11 percent, up from 8 to 9 percent Adjusted EPS* of $7.65 - $7.75, up from $7.10 - $7.25 Free cash flow* of $9.0 - $9.2 billion, up from $8.50 - $8.75 billion" That is the company's own outlook as of Oct 20, 2026, and companies revise outlooks as the quarter goes on.
When does RTX report earnings next?
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RTX's next report is expected around January 26, 2027, a date estimated from its reporting history that the company has not confirmed. This page carries Q3 2026 until those results are out and checked against the release.
Where does RTX's revenue come from?
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RTX's Collins Aerospace revenue was $8.4 billion in Q3 2026, up 10% from $7.6 billion in Q3 2025, 34% of total revenue. RTX's Pratt & Whitney revenue was $9.2 billion in Q3 2026, up 10% from $8.4 billion in Q3 2025, 37% of total revenue. RTX's Raytheon revenue was $8.0 billion in Q3 2026, up 14% from $7.0 billion in Q3 2025, 32% of total revenue. These are the lines of RTX's own "net sales by segment" table for Q3 2026.
How much did RTX's revenue grow last quarter?
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Up 11% on the year: $24,965 million in Q3 2026 against $22,478 million in Q3 2025. That is the year-over-year comparison, the same quarter a year apart, so seasonal patterns in RTX's business do not distort it.
What is the difference between RTX's GAAP and adjusted EPS?
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GAAP EPS follows US accounting rules and is the figure in the audited statements. RTX's adjusted EPS starts from it and removes items the company considers outside its operating results; the release lists each adjustment in a reconciliation table. For Q3 2026 the two were $1.89 and $2.26. Analysts' EPS estimates are usually built on the adjusted figure, so check which one a headline compares before you repeat it.
Where do the RTX numbers on this page come from?
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From RTX's own results release and its Form 10-Q for the quarter ended September 30, 2026, copied as printed, in millions of US dollars. Percent changes are worked out from those figures and rounded to a whole percent, which matches how the release states them. Nothing on this page is an estimate except the consensus, which is labelled with its source and date.
Walnut is informational, not investment advice. Reported figures are copied from RTX's results release and filings; consensus figures, where shown, are third-party estimates captured before the report. Verify figures against the source before relying on them.
Guides that feature RTX
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