TLDR RTX posted Q1 adjusted EPS of $1.78, beating the $1.51 consensus by $0.27 Revenue hit $22.1 billion, up 9% year-over-year, topping estimates Free cash flowTLDR RTX posted Q1 adjusted EPS of $1.78, beating the $1.51 consensus by $0.27 Revenue hit $22.1 billion, up 9% year-over-year, topping estimates Free cash flow

RTX Stock Up 3% After Blowout Q1 — Here’s What Drove It

2026/04/21 19:45
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TLDR

  • RTX posted Q1 adjusted EPS of $1.78, beating the $1.51 consensus by $0.27
  • Revenue hit $22.1 billion, up 9% year-over-year, topping estimates
  • Free cash flow jumped 65% year-over-year to $1.3 billion
  • Full-year adjusted EPS guidance raised to $6.70–$6.90
  • Raytheon sales grew 10% to $6.9 billion on strong land and air defense demand

RTX Corporation beat Wall Street’s earnings expectations in Q1 2026, sending the stock up more than 3% in pre-market trading.

The company posted adjusted EPS of $1.78, clearing the analyst consensus of $1.51 by $0.27. Revenue came in at $22.1 billion, a 9% rise from the same period last year and above the $21.44 billion estimate.


RTX Stock Card
RTX Corporation, RTX

Adjusted net income rose 22% to $2.4 billion. Free cash flow hit $1.3 billion for the quarter, up 65% year-over-year — a number that tends to get attention.

All three business segments — Collins Aerospace, Pratt & Whitney, and Raytheon — posted growth.

Defense Demand Drives Raytheon

Raytheon sales grew 10% to $6.95 billion in Q1, driven by higher volume on land and air defense systems. The Pentagon has been pushing to rebuild weapons inventories, which have been drawn down by operations tied to the Russia-Ukraine conflict and Israel’s military campaign in Gaza.

In April, RTX locked in a $3.7 billion contract to supply Patriot GEM-T interceptor missiles to Ukraine. That kind of deal underscores the demand environment Raytheon is operating in.

The U.S. has spent billions on artillery, ammunition, and anti-tank systems since Russia’s 2022 invasion of Ukraine. Defense contractors are in position to benefit as the Pentagon moves to replenish its stockpiles.

Commercial Aftermarket Picks Up the Slack

Pratt & Whitney revenue climbed 11% to $8.2 billion, with commercial aftermarket sales surging 19%. Airlines are holding onto older aircraft longer due to delivery delays and supply-chain issues, which means more maintenance work — and more revenue for P&W.

That comes despite ongoing tension with Airbus, which alleged in early 2026 that Pratt & Whitney over-promised on engine shipments while diverting engines to repair shops. Airbus is seeking potential damages, according to Reuters reporting from March.

Collins Aerospace posted a 5% sales increase to $7.6 billion, with commercial OE up 15% and commercial aftermarket up 7%.

RTX lifted its full-year 2026 adjusted EPS guidance to $6.70–$6.90 from the prior $6.60–$6.80. The midpoint of $6.80 falls slightly below the analyst consensus of $6.84.

Full-year revenue guidance was raised to $92.5–$93.5 billion from $92.0–$93.0 billion. The midpoint of $93.0 billion sits just below the $93.5 billion consensus.

RTX stock was up 3.35% in pre-market trading following the results.

The post RTX Stock Up 3% After Blowout Q1 — Here’s What Drove It appeared first on CoinCentral.

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