FN2 Earnings Intelligence
RTX expanded earnings history
RTX Corporation (RTX) quarterly earnings scorecards, market reactions, transcript intelligence, and historical context.
Earnings History
RTX Corporation
RTX delivered broad-based strength in Q2 2026, beating consensus on both revenue and EPS while raising full-year guidance across all three metrics. The results were driven by accelerating defense awards, robust GTF aftermarket demand, and 16% organic sales growth, up from 10% in Q1. A record $289B backlog, the first domestic GEM-T order in over 30 years, and GTF Advantage engine certification underscore multiple growth vectors. Management's confident tone and continued capex investments signal conviction in the demand trajectory, though working-capital buildup and supply-chain constraints for high-rate production remain watch items. The stock surged 7.3% on the print with continued positive drift of 4.4% in subsequent sessions.
RTX Corporation
RTX's Q1 beat was driven by double-digit organic growth across commercial and defense, EPS up 21% year over year, and a record $271B backlog with 1.14 book-to-bill. Management responded by raising full-year sales and EPS guidance, signaling confidence in sustained demand from rising global defense budgets, GTF engine and aftermarket momentum, and multi-year munitions framework agreements. The sharply negative market reaction (roughly -3.7% on the session, with further drift lower) stands in contrast to the beat and raised outlook, suggesting investors were focused on margin pressure from tariffs and rare-earth costs, heavy capex, and GTF cash-compensation headwinds rather than the reported results.
RTX Corporation
RTX's latest transcript analysis supports a constructive demand picture: record backlog, commercial aerospace activity and global defense spending underpin the maintained 2026 outlook. The case is less straightforward than demand alone suggests because higher investment, GTF cash obligations, tariffs, debt maturities and execution requirements could temper cash-flow and margin progress.
RTX Corporation
The quarter supports a constructive view of RTX's demand trajectory: resilient commercial aerospace activity and defense munitions demand accompanied stronger sales, a larger backlog and raised full-year guidance. The key test is whether capacity expansion and GTF execution can convert demand into sustainable margin and cash-flow improvement.
RTX Corporation
The supplied analysis supports a constructive but qualified view: resilient commercial aftermarket demand, defense awards, and backlog expansion strengthen the growth case, while tariffs and execution risks keep the outlook conditional.
RTX Corporation
The supplied analysis supports a constructive but conditional view: organic growth, a large backlog, aftermarket demand and new aerospace and defense programs strengthen revenue visibility, while tariff exposure, supply-chain execution and labor risk limit confidence.
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