Textron Q3 FY2026: adjusted EPS $1.76 beats, full-year guidance raised
Textron beat the consensus earnings number and raised full-year guidance for both adjusted EPS and cash flow, so this is a beat-and-raise rather than a mixed print. Revenue rose 4.0% to $3.751 billion, with Aviation and Systems carrying growth while Bell shrank. Read the scorecard as a quality check: earnings outran revenue, but inventory and Bell are the two items worth watching.
1 · Expected vs. Actual
Free preview belowGAAP EPS was $1.56 versus $1.31 a year ago, and adjusted EPS was $1.76 versus $1.55. Against the $1.445 consensus estimate, adjusted EPS beat by $0.315, so the beat was large relative to the number being compared. The gap between GAAP and adjusted is mostly a $0.21 per-share LIFO inventory provision plus $0.04 of intangible asset amortization.
Revenue of $3.751 billion was up $149 million, or 4.0%, from $3.602 billion a year earlier. The mix was lopsided: Textron Aviation added $201 million on 51 jets delivered versus 42, and Textron Systems added $50 million, while Bell gave back $93 million and Industrial added only $4 million. Aviation's turboprop deliveries fell to 32 from 39, so the growth came from jets and aftermarket, not the whole aircraft franchise.
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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 2026-11-03
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