Textron Q2 FY2026: revenue up 3.0%, adjusted EPS $1.62 tops $1.56 consensus
Textron delivered a decent quarter without breaking out: revenue rose 3.0% to $3.83 billion, adjusted EPS of $1.62 beat the $1.56 consensus, and management repeated its full-year outlook. The offset is that total segment profit was flat, cash generation was weaker than a year ago, and part of the earnings story depends on a government funding decision. That mix supports a Neutral stance rather than a clean victory lap.
1 · Expected vs. Actual
Free preview belowGAAP earnings per share were $1.42 versus $1.35 a year ago, and adjusted EPS of $1.62 came in above the $1.56 consensus estimate. The gap between the two figures is mostly the $0.17 per share LIFO inventory provision, which Textron strips out of the adjusted number. Adjusted net income of $283 million was only $2 million higher than last year, so the per-share gain leans heavily on a smaller share count.
Revenue was $3.83 billion, up 3.0% or $111 million from the $3.72 billion reported a year earlier. Every manufacturing segment grew: Bell by 6.0%, Textron Systems by 7.0%, and both Textron Aviation and Industrial by 1.0%. For the first half, revenue reached $7.52 billion, up 7.1% or $500 million.
Log in to read 35 analyses a week for free
Create a free account to read 35 full earnings analyses each week — all five steps: expected vs. actual, guidance tracker, money flow, balance sheet and risks. Members get unlimited access.
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
Answers are based on the earnings release and the analysis above. Free accounts get 3 questions a week; members get 30 a day.