TXT · 10-Q · 2026Q4 · Full report

Operating Expense Trends

TEXTRON INC · 2026-10-29 · Importance 18 · Surprise 14

Selling and administrative expense increased $14 million, or 5%, in the third quarter and $45 million, or 5%, in the first nine months of 2026. Both periods included a net $10 million decrease in a gain from early termination of a vendor contract at Textron Systems in the third quarter of 2025. The year-to-date increase also reflected higher compensation expense. Textron Aviation’s selling and administrative expense rose $35 million, or 11%, year to date, primarily due to higher compensation expense.

Key facts

• TEXTRON INC’s selling and administrative expense increased $14 million, or 5%, in the third quarter of 2026 and $45 million, or 5%, in the first nine months of 2026. source
• TEXTRON INC’s net interest expense increased $2 million, or 7%, in the third quarter of 2026 and $9 million, or 10%, in the first nine months, primarily due to higher average debt outstanding. source
• TEXTRON INC’s gross interest expense was $41 million in the third quarter of 2026 and $39 million in the third quarter of 2025, and $124 million and $116 million, respectively, in the first nine months. source