RTX · Earnings call · 2026Q3T · Full report

Revenue Performance and Mix

RTX Corp · 2026-10-20 · Importance 54 · Surprise 40 · Contradicted

Third-quarter adjusted sales were $25 billion, up 11% year over year and 12% organically, with commercial OE up 10%, commercial aftermarket up 16%, and defense up 10%. Collins sales were $8.4 billion, up 10% adjusted and 12% organically, while Pratt & Whitney sales were $9.2 billion, up 10%, and Raytheon sales were $8 billion, up 14%. Collins commercial OE sales excluding divestitures increased 23%, commercial aftermarket increased 9%, and defense sales increased 7%. Pratt commercial OE sales declined 5% because of large commercial engine mix, while commercial aftermarket increased 21% on higher GTF MRO volume.

Key facts

• Commercial orders in the quarter were over $22 billion, representing over 60% year-over-year growth across both OE and aftermarket.
• Adjusted sales in Q3 were $25 billion, up 12% organically.
• Collins sales in Q3 were $8.4 billion, up 10% on an adjusted basis and 12% organically.
• Pratt & Whitney sales in Q3 were $9.2 billion, up 10% on an adjusted and organic basis; commercial OE sales were down 5% and commercial aftermarket sales were up 21%.
• In Q3 Raytheon sales were $8 billion, up 14% on both an adjusted and organic basis, driven by higher volume on naval programs and land and air defense systems including Patriot, Standard Missile, and Tomahawk.
• Collins' commercial orders were up over 20% year over year in the quarter.
• Collins commercial OE sales, excluding divestitures, were up 23% in the quarter.

Impact estimates