RTX · 8-K · 20261020PR000030
Operating Expense Trends
RTX Corp · 2026-10-20 · Importance 51 · Surprise 38 · No source text
Third-quarter research and development expense increased 4% to $711 million from $684 million, while selling, general, and administrative expense rose 34% to $1.918 billion from $1.436 billion. Nine-month R&D expense increased to $2.064 billion from $2.018 billion, and nine-month SG&A increased to $5.052 billion from $4.457 billion. Pratt & Whitney specifically cited higher SG&A as a partial offset to its adjusted operating-profit growth.
Key facts
- The quarter and nine months ended September 30, 2026 include a net pre-tax charge of approximately $0.4 billion related to a customer bankruptcy at Pratt & Whitney source
- Quarter ended September 30, 2026 total costs and expenses: $21,789 million (cost of sales $19,160 million; R&D $711 million; SG&A $1,918 million) source
- Nine months ended September 30, 2026 research and development expense: $2,064 million source
- Quarter ended September 30, 2026 interest expense, net: $381 million and non-service pension income: $(345) million source
Impact estimates
| metric | direction | stage | expected | basis |
|---|---|---|---|---|
| operating_income | negative | realized | — | Quarter ended September 30, 2026 total costs and expenses: $21,789 million (cost of sales $19,160 million; R&D $711 million; SG&A $1,918… |