RTX Corporation (RTX) quarterly income statement — complete revenue, gross profit & net income history
RTX Corporation (RTX) annual income statement — 30-year revenue, gross profit & net income history
| Metric | Q3'26 | Q2'26 | 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 |
|---|
| Sales/Revenue | 24.96B | 24.71B | 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 |
| Revenue Growth % | 11.06% | 14.49% | 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% | 6.15% | 4.55% | 2.73% | 3.05% | 3.81% |
| Cost of Goods Sold | 19.16B | 19.57B | 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 | 13.62B |
| COGS % of Revenue | 76.75% | 79.23% | 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% | 79.89% |
| Gross Profit | 5.8B | 5.13B | 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 | 3.43B |
| Gross Margin % | 23.25% | 20.77% | 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% | 20.11% |
| Gross Profit Growth % | 26.75% | 17.3% | 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% | 4.05% | 11.62% | 7.22% | 16.29% | 59.22% |
| Operating Expenses | 2.47B | 2.32B | 2.04B | 2.12B | 2.06B | 2.23B | 2.08B | 2.12B | 2.01B | 3.05B | 1.69B | 2.23B | 2.11B | 2.3B | 1.88B | 2.07B | 1.97B | 2.1B | 2.08B | 2.11B |
| OpEx % of Revenue | 9.89% | 9.4% | 9.24% | 8.75% | 9.15% | 10.33% | 10.25% | 9.82% | 9.99% | 15.47% | 8.76% | 11.2% | 15.67% | 12.58% | 10.93% | 11.42% | 11.6% | 12.9% | 13.21% | 12.37% |
| Selling, General & Admin | 1.92B | 1.66B | 1.48B | 1.64B | 1.44B | 1.57B | 1.45B | 1.57B | 1.39B | 1.45B | 1.39B | 1.45B | 1.4B | 1.6B | 1.36B | 1.38B | 1.35B | 1.42B | 1.47B | 1.41B |
| SG&A % of Revenue | 7.68% | 6.71% | 6.69% | 6.76% | 6.39% | 7.29% | 7.13% | 7.28% | 6.91% | 7.35% | 7.22% | 7.25% | 10.41% | 8.74% | 7.92% | 7.62% | 7.97% | 8.73% | 9.35% | 8.26% |
| Research & Development | 711M | 726M | 627M | 789M | 684M | 697M | 637M | 808M | 751M | 706M | 669M | 757M | 712M | 729M | 607M | 716M | 662M | 698M | 635M | 810M |
| R&D % of Revenue | 2.85% | 2.94% | 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% |
| Other Operating Expenses | -1000K | -1000K | -1000K | -1000K | -1000K | -1000K | -1000K | -1000K | -1000K | 1000K | -1000K | 1000K | -1000K | -1000K | -1000K | -1000K | -1000K | -1000K | -1000K | -1000K |
| Operating Income | 3.34B | 2.81B | 2.56B | 2.6B | 2.52B | 2.15B | 2.04B | 2.11B | 2.03B | 529M | 1.87B | 1.78B | -1.4B | 1.49B | 1.69B | 1.5B | 1.52B | 1.35B | 1.08B | 1.32B |
| Operating Margin % | 13.37% | 11.38% | 11.57% | 10.71% | 11.22% | 9.94% | 10.02% | 9.76% | 10.1% | 2.68% | 9.69% | 8.92% | -10.37% | 8.15% | 9.8% | 8.3% | 8.97% | 8.29% | 6.87% | 7.74% |
| Operating Income Growth % | 32.26% | 30.99% | 25.55% | 22.97% | 24.41% | 305.67% | 8.82% | 18.8% | 245.27% | -64.57% | 10.85% | 18.39% | -191.84% | 10.35% | 56.2% | 13.71% | 13.18% | 5.54% | 6.61% | 829.58% |
| EBITDA | 4.41B | 3.89B | 3.63B | 3.75B | 3.61B | 3.22B | 3.09B | 3.25B | 3.12B | 1.6B | 2.93B | 2.84B | -322M | 2.54B | 2.72B | 2.55B | 2.57B | 2.35B | 2.09B | 2.46B |
| EBITDA Margin % | 17.64% | 15.74% | 16.43% | 15.49% | 16.08% | 14.93% | 15.2% | 15.03% | 15.54% | 8.12% | 15.17% | 14.23% | -2.39% | 13.85% | 15.81% | 14.09% | 15.14% | 14.42% | 13.32% | 14.46% |
| EBITDA Growth % | 21.89% | 20.73% | 17.46% | 15.54% | 15.76% | 101.25% | 5.39% | 14.6% | 1069.57% | -36.89% | 7.64% | 11.26% | -112.54% | 7.87% | 29.94% | 3.45% | 2.64% | -2.57% | -1.97% | 90.27% |
| D&A (Non-Cash Add-back) | 1.07B | 1.08B | 1.07B | 1.16B | 1.09B | 1.08B | 1.05B | 1.14B | 1.09B | 1.07B | 1.06B | 1.06B | 1.07B | 1.04B | 1.03B | 1.05B | 1.05B | 999M | 1.01B | 1.14B |
| EBIT | 3.68B | 3.16B | 2.93B | 2.67B | 2.92B | 2.52B | 2.46B | 2.52B | 2.45B | 916M | 2.27B | 2.29B | -931M | 1.98B | 2.15B | 1.98B | 2B | 1.82B | 1.56B | 1.16B |
| Net Interest Income | -381M | -395M | -382M | -370M | -437M | -452M | -451M | -487M | -503M | -469M | -409M | -497M | -372M | -355M | -329M | -316M | -316M | -307M | -291M | -276M |
| Interest Income | 0 | 33M | 24M | 0 | 46M | 28M | 51M | 27M | 45M | 19M | 11M | 54M | 19M | 17M | 10M | 16M | 10M | 13M | 31M | 12M |
| Interest Expense | 381M | 428M | 406M | 370M | 483M | 480M | 502M | 514M | 548M | 488M | 420M | 551M | 391M | 372M | 339M | 332M | 326M | 320M | 322M | 288M |
| Other Income/Expense | -36M | -69M | -35M | -299M | -85M | -106M | -77M | -102M | -122M | -101M | -19M | -42M | 74M | 114M | 129M | 149M | 157M | 145M | 162M | -453M |
| Pretax Income | 3.3B | 2.74B | 2.52B | 2.3B | 2.44B | 2.04B | 1.96B | 2.01B | 1.91B | 428M | 1.85B | 1.74B | -1.32B | 1.61B | 1.82B | 1.65B | 1.68B | 1.5B | 1.24B | 867M |
| Pretax Margin % | 13.22% | 11.1% | 11.42% | 9.48% | 10.85% | 9.45% | 9.64% | 9.29% | 9.49% | 2.17% | 9.59% | 8.71% | -9.82% | 8.77% | 10.55% | 9.12% | 9.89% | 9.18% | 7.9% | 5.09% |
| Income Tax | 593M | 493M | 363M | 584M | 432M | 315M | 333M | 449M | 371M | 253M | 108M | 262M | -389M | 248M | 335M | 182M | 282M | 160M | 116M | 96M |
| Effective Tax Rate % | 17.96% | 17.98% | 14.4% | 25.42% | 17.72% | 15.44% | 17.01% | 22.35% | 19.46% | 59.11% | 5.83% | 15.1% | 29.43% | 15.43% | 18.45% | 11.03% | 16.82% | 10.68% | 9.34% | 11.07% |
| Net Income | 2.71B | 2.14B | 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 |
| Net Margin % | 10.85% | 8.66% | 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% | 4.02% |
| Net Income Growth % | 41.19% | 29.09% | 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% |
| Net Income (Continuing) | 2.71B | 2.25B | 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 |
| Discontinued Operations | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -1000K | 1000K |
| Minority Interest | 1.71B | 1.77B | 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 |
| EPS (Diluted) | 1.89 | 1.57 | 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 |
| EPS Growth % | 34.04% | 28.69% | 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% |
| EPS (Basic) | 1.91 | 1.58 | 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 |
| Diluted Shares Outstanding | 1.37B | 1.36B | 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 |
| Basic Shares Outstanding | 1.35B | 1.35B | 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 |
| Dividend Payout Ratio | 36.34% | 45.96% | 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% |