RTX reported first quarter 2026 sales of $22.1 billion, representing 10% organic growth year-over-year, with adjusted EPS of $1.78, up 21%. The strong performance, particularly in the defense business, led the company to raise its full-year 2026 guidance for both adjusted sales and adjusted EPS.
Key Highlights
- Management raised its full-year 2026 outlook for adjusted sales to a range of $92.5 billion to $93.5 billion and adjusted EPS to a range of $6.70 to $6.90.
- The Raytheon segment delivered strong growth, with sales increasing 10% to $6.9 billion and adjusted operating profit surging 25% to $845 million, driven by higher volume in land and air defense systems.
- Pratt & Whitney's commercial aftermarket sales grew 19%, contributing to the segment's 11% overall sales growth and a 21% increase in adjusted operating profit.
- The company's total backlog stood at $271 billion at the end of the quarter, composed of $162 billion in commercial and $109 billion in defense.