RTX Q2 2026: sales up 14.0% to $24.71B, full-year outlook raised
RTX's second quarter beat where it counts: revenue rose 14.0% to $24.708 billion, adjusted EPS reached $1.89, and free cash flow hit $2.878 billion. The GAAP-to-adjusted gap is mostly acquisition amortization, and the raised outlook now points to $95.0-$96.0 billion of sales versus $92.5-$93.5 billion before. That combination is why the read here is positive.
1 · Expected vs. Actual
Free preview belowGAAP EPS of $1.57 was up 29% year over year but still short of the $1.6781 consensus estimate, because it carries $0.27 of acquisition accounting adjustments and $0.05 of restructuring. Adjusted EPS of $1.89, up 21% from $1.56, is the number that beat. The gap is the whole story: $474 million of acquisition amortization sits between GAAP and adjusted operating profit this quarter.
Sales came in at $24.708 billion, up 14.0% from $21.581 billion a year ago and 16% organically once divestitures and currency are stripped out. Product revenue was $17.944 billion and service revenue $6.764 billion, so growth is not coming from a single line. Gross margin was 20.8%, meaning about 79 cents of every revenue dollar still goes straight to cost of sales.
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Figures on this page come from the company's original SEC filings. The analysis is generated automatically and checked against validation rules, but may still contain errors or omissions. Not investment advice. · Generated 2026-09-17
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