RTX Corporation income statement
In fiscal 2025, RTX Corporation reported revenue of $88.60bn, up 9.7% on the year before, operating income of $9.30bn (a 10.5% margin) and net income of $6.73bn, or $4.96 per diluted share. Every line below comes from the company's 10-K and 10-Q filings; column headings link to the filing.
Income statement
| Fiscal year | 2009Dec 2009 | 2010Dec 2010 | 2011Dec 2011 | 2012Dec 2012 | 2013Dec 2013 | 2014Dec 2014 | 2015Dec 2015 | 2016Dec 2016 | 2017Dec 2017 | 2018Dec 2018 | 2019Dec 2019 | 2020Dec 2020 | 2021Dec 2021 | 2022Dec 2022 | 2023Dec 2023 | 2024Dec 2024 | 2025Dec 2025 | LTMSept 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 52.9 | 52.3 | 55.8 | 57.7 | 56.6 | 57.9 | 56.1 | 57.2 | 59.8 | 34.7 | 45.3 | 56.6 | 64.4 | 67.1 | 68.9 | 80.7 | 88.6 | 96.0 |
| Research and development | 1.6 | 1.7 | 2.0 | 2.4 | 2.3 | 2.5 | 2.3 | 2.4 | 2.4 | 1.9 | 2.5 | 2.6 | 2.7 | 2.7 | 2.8 | 2.9 | 2.8 | 2.9 |
| Selling, general and administrative | 6.0 | 5.8 | 6.2 | 6.5 | 6.4 | 6.2 | 5.9 | 6.0 | 6.4 | 2.9 | 3.7 | 5.5 | 5.0 | 5.6 | 5.8 | 5.8 | 6.1 | 6.7 |
| Operating income | 6.4 | 6.9 | 7.8 | 7.7 | 8.5 | 9.6 | 7.3 | 8.2 | 8.1 | 2.9 | 4.9 | −1.9 | 5.1 | 5.5 | 3.6 | 6.5 | 9.3 | 11.3 |
| Interest expense | 0.7 | — | — | — | — | 0.9 | 0.8 | 1.0 | 0.9 | 1.0 | 1.6 | 1.4 | 1.3 | 1.3 | 1.5 | 1.9 | — | — |
| Net interest income | −0.6 | −0.7 | −0.5 | −0.8 | −0.9 | −0.9 | −0.8 | — | — | — | — | — | — | — | — | — | — | — |
| Income before tax | 5.8 | 6.2 | 7.4 | 6.9 | 7.7 | 8.7 | 6.5 | 7.1 | 7.8 | 2.5 | 4.2 | −2.4 | 5.1 | 6.1 | 3.8 | 6.2 | 8.7 | 10.9 |
| Income tax | 1.6 | 1.7 | 2.1 | 1.7 | 2.0 | 2.2 | 2.1 | 1.7 | 2.8 | 1.1 | 0.4 | 0.6 | 1.0 | 0.8 | 0.5 | 1.2 | 1.7 | 2.0 |
| Net income | 3.8 | 4.4 | 5.0 | 5.1 | 5.7 | 6.2 | 7.6 | 5.1 | 4.6 | 5.3 | 5.5 | −3.5 | 3.9 | 5.2 | 3.2 | 4.8 | 6.7 | 8.4 |
| Diluted EPS | $4.12 | $4.74 | $5.49 | $5.66 | $6.25 | $6.82 | $8.61 | $6.12 | $5.70 | $6.50 | $6.41 | −$2.59 | $2.56 | $3.50 | $2.23 | $3.55 | $4.96 | $6.16 |
| Diluted shares (average) | 929m | 923m | 907m | 907m | 915m | 912m | 883m | 826m | 799m | 810m | 864m | 1,358m | 1,509m | 1,486m | 1,435m | 1,344m | 1,356m | 1,365m |
| EBITDA | 7.6 | 8.2 | 9.1 | 9.2 | 10.3 | 11.4 | 9.2 | 10.2 | 10.3 | 4.8 | 7.6 | 2.3 | 9.7 | 9.6 | 7.8 | 10.9 | 13.7 | 15.7 |
| Quarter | 2024 Q4Dec 2024 | 2025 Q1Mar 2025 | 2025 Q2Jun 2025 | 2025 Q3Sept 2025 | 2025 Q4Dec 2025 | 2026 Q1Mar 2026 | 2026 Q2Jun 2026 | 2026 Q3Sept 2026 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 21.6 | 20.3 | 21.6 | 22.5 | 24.2 | 22.1 | 24.7 | 25.0 |
| Research and development | 0.8 | 0.6 | 0.7 | 0.7 | 0.8 | 0.6 | 0.7 | 0.7 |
| Selling, general and administrative | 1.6 | 1.4 | 1.6 | 1.4 | 1.6 | 1.5 | 1.7 | 1.9 |
| Operating income | 2.1 | 2.0 | 2.1 | 2.5 | 2.6 | 2.6 | 2.8 | 3.3 |
| Interest expense | 0.5 | — | — | — | — | — | — | — |
| Income before tax | 2.0 | 2.0 | 2.0 | 2.4 | 2.3 | 2.5 | 2.7 | 3.3 |
| Income tax | 0.4 | 0.3 | 0.3 | 0.4 | 0.6 | 0.4 | 0.5 | 0.6 |
| Net income | 1.5 | 1.5 | 1.7 | 1.9 | 1.6 | 2.1 | 2.1 | 2.6 |
| Diluted EPS | $1.10 | $1.14 | $1.22 | $1.41 | $1.19 | $1.51 | $1.57 | $1.89 |
| EBITDA | 3.3 | 3.1 | 3.2 | 3.6 | 3.8 | 3.6 | 3.9 | 4.4 |
Compare with peers
- Boeing income statement
- Lockheed Martin income statement
- General Dynamics income statement
- GE Aerospace income statement
- Northrop Grumman income statement
Head to head: BA vs RTXLMT vs RTXGD vs RTX
More: Aerospace & Defense stocks compared, Industrials sector, rankings of US companies