Textron Inc

Latest Results (29.07.2026):

Textron Inc reported results for the first quarter of 2026, with consolidated revenues of $3.7 billion (up 12% year-over-year) and GAAP diluted EPS of $1.25 (versus $1.13 a year ago). Adjusted diluted EPS was $1.45, up from $1.28 in Q1 2025. Management cited strong aviation deliveries and order activity, continued scaling of Bell’s MV-75 Cheyenne, solid Systems execution, and announced an intent to separate the Industrial segment to create a pure‑play Aerospace & Defense platform.

Revenues & EPS

Total revenues $3,695M, +12% (≈ +$389M). GAAP diluted EPS $1.25 (Q1 2025: $1.13). Adjusted diluted EPS $1.45 (Q1 2025: $1.28), per company non‑GAAP reconciliation.

Textron Aviation

Aviation revenues $1,485M, +22% ($+269M). Deliveries: 37 jets (vs 31) and 35 commercial turboprops (vs 30). Segment profit $154M, +26%. Backlog $8.0B.

Bell

Bell revenues $1,070M, +9% ($+87M) driven by higher military volume (MV‑75 Cheyenne); commercial helicopter deliveries fell to 20 from 29. Segment profit $72M, down $18M. Backlog $7.6B.

Textron Systems

Systems revenues $338M, +13% ($+39M), segment profit $42M (+$4M). Backlog $3.6B, with strength on Ship‑to‑Shore Connector and ATAC services noted.

Industrial & Separation Intent

Industrial revenues $786M, down 1%; segment profit $40M, +$10M (benefit from manufacturing efficiencies and prior restructuring). Textron announced intent to separate the Industrial segment (sale or tax‑free separation being explored) to focus the company on aerospace & defense.

Cash Flow & Liquidity

Manufacturing group used $107M of operating cash (vs $114M a year ago). Manufacturing cash flow before pension contributions (non‑GAAP) was a use of $228M (vs $158M). Consolidated cash & equivalents at quarter end reported at approximately $1.5B.

Shareholder Returns & Balance Sheet Items

Textron repurchased $168M of common stock in the quarter and paid $3M of dividends. Long‑term debt outstanding was $3,111M (April 4, 2026) with total shareholders’ equity $8,002M.

2026 Outlook (company-provided)

Textron’s 2026 adjusted net income / adjusted diluted EPS outlook: adjusted EPS $6.40–$6.60. Manufacturing cash flow before pension contributions outlook: $700–$800M (non‑GAAP).

Other notable items

Segment realignment: Textron eAviation was eliminated as a separate segment effective January 4, 2026, with Pipistrel largely moved into Textron Aviation and other eAviation activities reallocated among segments and corporate.