RTX · 10-Q · 2026Q2 · Full report
Operating Income and Margins
RTX Corp · 2026-07-23 · Importance 64 · Surprise 56 · No source text
Consolidated operating profit increased 31.0% year over year to $2.811 billion in the quarter and 28.3% to $5.366 billion for the six months ended June 30, 2026. Operating margin expanded from 9.9% to 11.4% in the quarter and from 10.0% to 11.5% for the six-month period. Quarterly improvement reflected approximately $0.5 billion of higher organic segment operating profit and the absence of a Pratt & Whitney customer-bankruptcy charge recorded in 2025. Segment margins improved at Collins Aerospace to 15.9% from 15.4%, Pratt & Whitney to 8.3% from 6.4%, and Raytheon to 12.6% from 11.5% in the quarter, with volume, favorable mix, Patriot production, and higher commercial aerospace sales driving the gains.
Key facts
- Six months ended June 30, 2026 net income attributable to common shareowners: $4,198 million; six months ended June 30, 2025: $3,192 million. source
- Quarter ended June 30, 2026 net income attributable to common shareowners: $2,139 million; quarter ended June 30, 2025: $1,657 million. source
- Quarter ended June 30, 2026 operating profit: $2,811 million; quarter ended June 30, 2025 operating profit: $2,146 million. source
- Operating profit for the quarter ended June 30, 2026 was $2,811 million (11.4% margin) versus $2,146 million (9.9% margin) for the quarter ended June 30, 2025. source
- Six months ended June 30, 2026 operating profit: $5,366 million; six months ended June 30, 2025 operating profit: $4,181 million. source
- Operating profit for the six months ended June 30, 2026 was $5,366 million (11.5% margin) versus $4,181 million (10.0% margin) for the six months ended June 30, 2025. source
- For the quarter ended June 30, 2026, operating profit for Collins Aerospace was $1,306 million (15.9% margin), Pratt & Whitney operating profit margin was 8.3%, and Raytheon operating profit was $1,042 million (12.6% margin); total segment operating profit was $3,086 million (12.2%). source
- Net income attributable to common shareowners for the six months ended June 30, 2026 was $4,198 million and diluted EPS was $3.08. source
Impact estimates
| metric | direction | stage | expected | basis |
|---|---|---|---|---|
| operating_income | positive | realized | +4.8% | Six months ended June 30, 2026 operating profit: $5,366 million; six months ended June 30, 2025 operating profit: $4,181 million. |
| net_income | positive | realized | +4.1% | Six months ended June 30, 2026 net income attributable to common shareowners: $4,198 million; six months ended June 30, 2025: $3,192… |
| operating_income | positive | realized | +2.7% | Quarter ended June 30, 2026 operating profit: $2,811 million; quarter ended June 30, 2025 operating profit: $2,146 million. |
| net_income | positive | realized | +1.9% | Quarter ended June 30, 2026 net income attributable to common shareowners: $2,139 million; quarter ended June 30, 2025: $1,657 million. |
| margin | positive | realized | +1.5% | Operating profit for the quarter ended June 30, 2026 was $2,811 million (11.4% margin) versus $2,146 million (9.9% margin) for the quarter… |
| margin | positive | realized | +1.5% | Operating profit for the six months ended June 30, 2026 was $5,366 million (11.5% margin) versus $4,181 million (10.0% margin) for the six… |