Textron income statement
In fiscal 2025, Textron reported revenue of $14.80bn, up 8.0% on the year before and net income of $921m, or $5.11 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 | 2009Jan 2010 | 2010Jan 2011 | 2011Dec 2011 | 2012Dec 2012 | 2013Dec 2013 | 2014Jan 2015 | 2015Jan 2016 | 2016Dec 2016 | 2017Dec 2017 | 2018Dec 2018 | 2019Jan 2020 | 2020Jan 2021 | 2021Jan 2022 | 2022Dec 2022 | 2023Dec 2023 | 2024Dec 2024 | 2025Jan 2026 | LTMOct 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 10.5 | 10.5 | 11.3 | 12.2 | 12.1 | 13.9 | 13.4 | 13.8 | 14.2 | 14.0 | 13.6 | 11.7 | 12.4 | 12.9 | 13.7 | 13.7 | 14.8 | 15.4 |
| Cost of revenue | 8.5 | 8.6 | 9.3 | 10.0 | 10.1 | 11.4 | 11.0 | 11.3 | 11.8 | 11.6 | 11.4 | 10.1 | — | — | — | — | — | — |
| Gross profit | 2.0 | 1.9 | 2.0 | 2.2 | 2.0 | 2.5 | 2.4 | 2.5 | 2.4 | 2.4 | 2.2 | 1.6 | — | — | — | — | — | — |
| Research and development | 0.4 | 0.4 | 0.5 | 0.6 | 0.7 | 0.7 | 0.8 | 0.7 | 0.6 | 0.6 | 0.6 | 0.5 | 0.6 | 0.6 | 0.6 | 0.5 | 0.5 | 0.5 |
| Selling, general and administrative | 1.3 | 1.2 | 1.2 | 1.2 | 1.1 | 1.4 | 1.3 | 1.3 | 1.3 | 1.3 | 1.2 | 1.0 | 1.2 | 1.2 | 1.2 | 1.2 | 1.2 | 1.2 |
| Interest expense | 0.3 | 0.3 | 0.2 | 0.2 | 0.2 | 0.2 | 0.2 | 0.2 | 0.2 | 0.2 | 0.2 | 0.2 | 0.1 | — | — | — | — | — |
| Net interest income | — | — | — | — | — | — | — | — | — | — | — | −0.2 | −0.1 | −0.1 | −0.1 | −0.1 | −0.1 | −0.1 |
| Provision for credit losses | 0.3 | 0.1 | −0.0 | 0.0 | 0.0 | −0.0 | 0.0 | 0.0 | 0.0 | — | — | — | — | — | — | — | — | — |
| Income before tax | −0.1 | 0.1 | 0.3 | 0.8 | 0.7 | 0.9 | 1.0 | 0.9 | 0.8 | 1.4 | 0.9 | 0.3 | 0.9 | 1.0 | 1.1 | 0.9 | 1.1 | 1.2 |
| Income tax | −0.1 | −0.0 | 0.1 | 0.3 | 0.2 | 0.2 | 0.3 | 0.0 | 0.5 | 0.2 | 0.1 | −0.0 | 0.1 | 0.2 | 0.2 | 0.1 | 0.2 | 0.2 |
| Net income | −0.0 | 0.1 | 0.2 | 0.6 | 0.5 | 0.6 | 0.7 | 1.0 | 0.3 | 1.2 | 0.8 | 0.3 | 0.7 | 0.9 | 0.9 | 0.8 | 0.9 | 1.0 |
| Diluted EPS | −$0.12 | $0.28 | $0.79 | $2.00 | $1.75 | $2.13 | $2.50 | $3.53 | $1.14 | $4.83 | — | — | $3.30 | $4.01 | $4.56 | $4.33 | $5.11 | $5.55 |
| Diluted shares (average) | 263m | 303m | 307m | 295m | 284m | 282m | 279m | 272m | 269m | 253m | 233m | 229m | 227m | 215m | 202m | 190m | 180m | 175m |
| Quarter | 2024 Q4Dec 2024 | 2025 Q1Mar 2025 | 2025 Q2Jun 2025 | 2025 Q3Sept 2025 | 2025 Q4Jan 2026 | 2026 Q1Apr 2026 | 2026 Q2Jul 2026 | 2026 Q3Oct 2026 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 3,613 | 3,306 | 3,716 | 3,602 | 4,175 | 3,695 | 3,827 | 3,751 |
| Research and development | 116 | 132 | 137 | 118 | 134 | 120 | 116 | 110 |
| Selling, general and administrative | 265 | 298 | 303 | 257 | 315 | 321 | 311 | 271 |
| Net interest income | −26 | −29 | −31 | −30 | −36 | −34 | −33 | −32 |
| Income before tax | 131 | 241 | 301 | 316 | 279 | 267 | 304 | 322 |
| Income tax | −10 | 34 | 56 | 81 | 43 | 47 | 56 | 52 |
| Net income | 141 | 207 | 245 | 234 | 235 | 220 | 248 | 270 |
| Diluted EPS | — | $1.13 | $1.35 | $1.31 | $1.32 | $1.25 | $1.42 | $1.56 |
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