TLDR
- RTX stock gains 0.28% to $192.65 as third-quarter adjusted earnings climb 33%.
- RTX revenue reaches $25 billion as aerospace and defense sales gain momentum.
- RTX raises 2026 profit guidance after its order backlog hits a record $340B.
- Collins profit jumps 50% as commercial aircraft demand fuels RTX sales growth.
- Raytheon sales surge 14%, while RTX free cash flow drops 47% in the quarter.
RTX Corporation (RTX) shares rose 0.28% to $192.65 after stronger third-quarter earnings lifted the aerospace and defense company. Adjusted earnings grew 33%, while revenue reached $25 billion across its commercial aerospace and defense operations. RTX raised its full-year outlook as its backlog hit $340 billion.
RTX Stock Recovers as Third-Quarter Profit Rises
The stock gained $0.54 after late buying erased earlier session losses. Shares moved sharply during trading but ended higher following the quarterly report. The gain coincided with improved profit and demand across RTX’s commercial aerospace and defense operations.
RTX reported $2.58 billion in net income, up 35% from $1.92 billion last year, driven by stronger earnings. GAAP earnings per share rose 34% to $1.89 from $1.41. Adjusted earnings per share climbed to $2.26 from $1.70.
Adjusted net income reached $3.09 billion, a 34% annual increase from $2.31 billion in 2025. RTX’s adjusted earnings included $0.25 per share from IEEPA cost recovery. Higher taxes and lower pension income partly offset operating gains.
RTX Revenue Climbs as Backlog Reaches $340 Billion
RTX generated $24.97 billion in sales, compared with $22.48 billion a year earlier. Revenue increased 11% on a reported basis and 12% organically. Commercial aviation and defense demand supported growth, while new awards exceeded $81 billion during the latest reporting period.
These contracts pushed the RTX backlog to a record $340 billion. Commercial aerospace orders totaled $176 billion, while defense orders reached $164 billion. RTX also secured multi-year production contracts for Tomahawk and AMRAAM missiles during the third quarter of 2026.
RTX raised its 2026 adjusted sales forecast to 97.0billion–97.5 billion, from 95.0billion–96.0 billion. The company increased adjusted earnings guidance to 7.65–7.75 per share and organic growth expectations to 10%–11%. It also lifted its annual free cash flow target to 9.0billion–9.2 billion.
Collins, Pratt & Whitney, and Raytheon Drive Results
Collins Aerospace reported $8.38 billion in sales, up 10% from last year. Adjusted operating profit jumped 50% to $1.79 billion as commercial aircraft activity strengthened. Original equipment sales increased 23%, while commercial aftermarket revenue advanced 9% from the comparable prior-year quarter.
Pratt & Whitney reported $9.23 billion in sales, representing 10% growth. Adjusted operating profit rose 29% to $968 million with support from stronger commercial engine aftermarket demand. However, a $363 million customer bankruptcy charge contributed to a 19% drop in reported operating profit.
Raytheon recorded $8.03 billion in sales, up 14%, amid rising missile and air defense orders. Adjusted operating profit climbed 32% to $1.13 billion, aided by productivity improvements. Despite higher earnings, RTX’s quarterly free cash flow fell 47% to $2.12 billion from $4.03 billion.
The post RTX Corporation (RTX) Stock: Rises 0.28% as Q3 Earnings Jump 33% and Revenue Hits $25 Billion appeared first on Blockonomi.
