RTX Corporation (RTX) quarterly income statement — complete revenue, gross profit & net income history
| Metric | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 | Q2'22 | Q1'22 | Q4'21 | Q3'21 | Q2'21 |
|---|
| Sales/Revenue | 22.08B | 24.24B | 22.48B | 21.58B | 20.31B | 21.62B | 20.09B | 19.72B | 19.3B | 19.93B | 13.46B | 18.32B | 17.21B | 18.09B | 16.95B | 16.31B | 15.72B | 17.04B | 16.22B | 15.86B |
| Revenue Growth % | 8.72% | 12.09% | 11.89% | 9.43% | 5.19% | 8.51% | 49.21% | 7.68% | 12.15% | 10.14% | -20.57% | 12.27% | 9.53% | 6.17% | 4.5% | 2.86% | 3.14% | 3.86% | 9.72% | 12.58% |
| Cost of Goods Sold | 17.48B | 19.52B | 17.9B | 17.2B | 16.19B | 17.39B | 16.05B | 16.14B | 15.74B | 15.92B | 12.75B | 14.52B | 13.64B | 14.53B | 13.46B | 12.86B | 12.56B | 13.61B | 13.09B | 12.65B |
| COGS % of Revenue | 79.19% | 80.54% | 79.62% | 79.72% | 79.73% | 80.41% | 79.92% | 81.85% | 81.55% | 79.88% | 94.7% | 79.27% | 79.27% | 80.29% | 79.43% | 78.8% | 79.92% | 79.84% | 80.67% | 79.79% |
| Gross Profit | 4.59B | 4.72B | 4.58B | 4.38B | 4.12B | 4.24B | 4.03B | 3.58B | 3.56B | 4.01B | 714M | 3.8B | 3.57B | 3.57B | 3.49B | 3.46B | 3.16B | 3.44B | 3.14B | 3.21B |
| Gross Margin % | 20.81% | 19.46% | 20.38% | 20.28% | 20.27% | 19.59% | 20.08% | 18.15% | 18.45% | 20.12% | 5.3% | 20.73% | 20.73% | 19.71% | 20.57% | 21.2% | 20.08% | 20.16% | 19.33% | 20.21% |
| Gross Profit Growth % | 11.61% | 11.38% | 13.54% | 22.23% | 15.59% | 5.64% | 464.99% | -5.71% | -0.22% | 12.39% | -79.52% | 9.8% | 13.09% | 3.84% | 11.19% | 7.86% | 16.03% | 55.5% | 63.16% | 55.86% |
| Operating Expenses | 2.04B | 2.43B | 2.12B | 2.27B | 2.08B | 2.38B | 2.14B | 2.15B | 2.06B | 2.2B | 2.11B | 2.36B | 1.97B | 2.1B | 2.05B | 2.12B | 2.07B | 2.2B | 1.89B | 1.97B |
| OpEx % of Revenue | 9.24% | 10.01% | 9.43% | 10.52% | 10.27% | 11.02% | 10.65% | 10.93% | 10.69% | 11.05% | 15.69% | 12.91% | 11.44% | 11.63% | 12.11% | 13.01% | 13.17% | 12.92% | 11.65% | 12.42% |
| Selling, General & Admin | 1.48B | 1.64B | 1.44B | 1.57B | 1.45B | 1.57B | 1.39B | 1.45B | 1.39B | 1.45B | 1.4B | 1.64B | 1.36B | 1.39B | 1.39B | 1.42B | 1.44B | 1.39B | 1.21B | 1.31B |
| SG&A % of Revenue | 6.69% | 6.76% | 6.39% | 7.29% | 7.13% | 7.28% | 6.91% | 7.35% | 7.22% | 7.25% | 10.41% | 8.93% | 7.92% | 7.68% | 8.21% | 8.73% | 9.13% | 8.16% | 7.48% | 8.28% |
| Research & Development | 627M | 789M | 684M | 697M | 637M | 808M | 751M | 706M | 669M | 757M | 712M | 729M | 607M | 716M | 662M | 698M | 635M | 810M | 676M | 657M |
| R&D % of Revenue | 2.84% | 3.26% | 3.04% | 3.23% | 3.14% | 3.74% | 3.74% | 3.58% | 3.47% | 3.8% | 5.29% | 3.98% | 3.53% | 3.96% | 3.91% | 4.28% | 4.04% | 4.75% | 4.17% | 4.14% |
| Other Operating Expenses | -1000K | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Operating Income | 2.56B | 2.29B | 2.46B | 2.11B | 2.03B | 1.85B | 1.89B | 1.43B | 1.5B | 1.81B | -1.4B | 1.43B | 1.6B | 1.46B | 1.43B | 1.34B | 1.09B | 1.23B | 1.25B | 1.24B |
| Operating Margin % | 11.57% | 9.45% | 10.94% | 9.76% | 10% | 8.57% | 9.43% | 7.23% | 7.76% | 9.07% | -10.39% | 7.82% | 9.29% | 8.08% | 8.46% | 8.19% | 6.91% | 7.24% | 7.68% | 7.79% |
| Operating Income Growth % | 25.8% | 23.58% | 29.88% | 47.79% | 35.58% | 2.55% | 235.38% | -0.56% | -6.32% | 23.6% | -197.56% | 7.26% | 47.24% | 18.48% | 15.09% | 8.09% | 14.2% | 563.44% | 15475% | 1015.56% |
| EBITDA | 3.63B | 3.45B | 3.55B | 3.18B | 3.08B | 2.99B | 2.99B | 2.5B | 2.56B | 2.54B | -325M | 2.48B | 2.63B | 2.16B | 2.48B | 2.33B | 2.1B | 2.38B | 2.4B | 2.37B |
| EBITDA Margin % | 16.43% | 14.23% | 15.8% | 14.74% | 15.18% | 13.84% | 14.87% | 12.66% | 13.25% | 12.75% | -2.41% | 13.52% | 15.3% | 11.93% | 14.64% | 14.31% | 13.36% | 13.95% | 14.82% | 14.93% |
| EBITDA Growth % | 17.61% | 15.27% | 18.84% | 27.43% | 20.57% | 17.8% | 1019.38% | 0.81% | -2.89% | 17.65% | -113.1% | 6.08% | 25.38% | -9.21% | 3.2% | -1.39% | 1.25% | 77.6% | 105.12% | 227.07% |
| D&A (Non-Cash Add-back) | 1.07B | 1.16B | 1.09B | 1.08B | 1.05B | 1.14B | 1.09B | 1.07B | 1.06B | 733M | 1.07B | 1.04B | 1.03B | 697M | 1.05B | 999M | 1.01B | 1.14B | 1.16B | 1.13B |
| EBIT | 2.56B | 2.29B | 2.46B | 2.11B | 2.03B | 1.85B | 1.89B | 1.43B | 1.5B | 1.81B | -1.4B | 1.43B | 1.6B | 1.46B | 1.43B | 1.34B | 1.09B | 1.23B | 1.25B | 1.24B |
| Net Interest Income | -355M | -370M | -437M | -452M | -451M | -487M | -503M | -469M | -409M | -497M | -372M | -355M | -329M | -316M | -316M | -307M | -291M | -276M | -327M | -326M |
| Interest Income | 0 | 0 | 46M | 28M | 51M | 27M | 45M | 19M | 11M | 54M | 19M | 17M | 10M | 16M | 10M | 13M | 31M | 12M | 9M | 4M |
| Interest Expense | 355M | 370M | 483M | 480M | 502M | 514M | 548M | 488M | 420M | 551M | 391M | 372M | 339M | 332M | 326M | 320M | 322M | 288M | 336M | 330M |
| Other Income/Expense | -35M | 7M | -22M | -66M | -73M | 156M | 12M | -997M | 353M | -72M | 77M | 139M | 217M | 178M | 203M | 162M | 156M | -367M | 230M | 194M |
| Pretax Income | 2.52B | 2.3B | 2.44B | 2.04B | 1.96B | 2.01B | 1.91B | 428M | 1.85B | 1.74B | -1.32B | 1.57B | 1.82B | 1.64B | 1.64B | 1.5B | 1.24B | 867M | 1.48B | 1.43B |
| Pretax Margin % | 11.42% | 9.48% | 10.85% | 9.45% | 9.64% | 9.29% | 9.49% | 2.17% | 9.59% | 8.71% | -9.82% | 8.58% | 10.55% | 9.06% | 9.66% | 9.18% | 7.9% | 5.09% | 9.1% | 9.02% |
| Income Tax | 363M | 584M | 432M | 315M | 333M | 449M | 371M | 253M | 108M | 262M | -389M | 213M | 335M | 172M | 242M | 160M | 116M | 96M | 3M | 342M |
| Effective Tax Rate % | 14.4% | 25.42% | 17.72% | 15.44% | 17.01% | 22.35% | 19.46% | 59.11% | 5.83% | 15.1% | 29.43% | 13.55% | 18.45% | 10.49% | 14.78% | 10.68% | 9.34% | 11.07% | 0.2% | 23.92% |
| Net Income | 2.06B | 1.62B | 1.92B | 1.66B | 1.53B | 1.48B | 1.47B | 111M | 1.71B | 1.43B | -984M | 1.33B | 1.43B | 1.42B | 1.39B | 1.3B | 1.08B | 686M | 1.39B | 1.03B |
| Net Margin % | 9.33% | 6.69% | 8.53% | 7.68% | 7.56% | 6.85% | 7.33% | 0.56% | 8.85% | 7.16% | -7.31% | 7.25% | 8.28% | 7.86% | 8.18% | 7.99% | 6.9% | 4.03% | 8.59% | 6.51% |
| Net Income Growth % | 34.14% | 9.45% | 30.3% | 1392.79% | -10.18% | 3.93% | 249.59% | -91.64% | 19.85% | 0.28% | -170.94% | 1.76% | 31.55% | 107.29% | -0.43% | 26.36% | 43.96% | 408.15% | 427.65% | 126.91% |
| Net Income (Continuing) | 2.16B | 1.71B | 2.01B | 1.73B | 1.63B | 1.56B | 1.53B | 175M | 1.74B | 1.47B | -933M | 1.36B | 1.48B | 1.47B | 1.4B | 1.34B | 1.13B | 771M | 1.47B | 1.09B |
| Discontinued Operations | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -1000K | 1000K | -1000K | -1000K |
| Minority Interest | 1.75B | 1.89B | 1.88B | 1.85B | 1.83B | 1.8B | 1.75B | 1.7B | 1.65B | 1.65B | 1.65B | 1.61B | 1.59B | 1.58B | 1.58B | 1.59B | 1.56B | 1.63B | 1.66B | 1.64B |
| EPS (Diluted) | 1.51 | 1.19 | 1.41 | 1.22 | 1.14 | 1.10 | 1.09 | 0.08 | 1.28 | 1.05 | -0.68 | 0.90 | 0.97 | 0.96 | 0.94 | 0.88 | 0.72 | 0.46 | 0.93 | 0.68 |
| EPS Growth % | 32.46% | 8.18% | 29.36% | 1425% | -10.94% | 4.76% | 260.29% | -91.11% | 31.96% | 9.38% | -172.34% | 2.27% | 34.72% | 108.7% | 1.08% | 29.41% | 44% | 411.11% | 447.06% | 126.67% |
| EPS (Basic) | 1.53 | 1.21 | 1.43 | 1.24 | 1.15 | 1.11 | 1.10 | 0.08 | 1.29 | 1.05 | -0.68 | 0.91 | 0.98 | 0.97 | 0.94 | 0.88 | 0.73 | 0.46 | 0.93 | 0.69 |
| Diluted Shares Outstanding | 1.36B | 1.36B | 1.36B | 1.35B | 1.35B | 1.35B | 1.35B | 1.34B | 1.34B | 1.36B | 1.45B | 1.47B | 1.47B | 1.48B | 1.48B | 1.49B | 1.5B | 1.5B | 1.51B | 1.51B |
| Basic Shares Outstanding | 1.35B | 1.34B | 1.34B | 1.34B | 1.34B | 1.33B | 1.33B | 1.33B | 1.33B | 1.35B | 1.45B | 1.46B | 1.46B | 1.47B | 1.47B | 1.48B | 1.49B | 1.49B | 1.5B | 1.51B |
| Dividend Payout Ratio | 44.44% | 56.35% | 47.45% | 54.92% | 54.72% | 54.12% | 55.91% | 741.44% | 45% | 53.79% | - | 63.6% | 55.4% | 55.63% | 57.25% | 61.2% | 68.73% | 108.6% | 53.91% | 73.26% |