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RTX stock rises over 3% on strong earnings beat, revenue guidance

April 21, 2026 7:51 AM

ARLINGTON, Va. - On Tuesday, RTX Corporation (NYSE: RTX) reported first quarter results that exceeded analyst expectations on earnings.

The company’s shares were up +3.35% in pre-market trading following the release as investors focused on the company’s robust profit growth and raised full-year outlook.

The aerospace and defense company posted adjusted EPS of $1.78, beating the analyst consensus of $1.51 by $0.27. Revenue reached $22.1 billion, up 9% YoY and slightly above the $21.44 billion estimate. The revenue growth reflected a 10% organic increase driven by strength across all three business segments.

"RTX delivered a very strong start to 2026 with organic sales and adjusted operating profit growth across all three segments, driven by our continued focus on execution and delivering our backlog," said RTX Chairman and CEO Chris Calio.

The company raised its full-year 2026 adjusted EPS guidance to $6.70-$6.90 from the prior range of $6.60-$6.80. The midpoint of $6.80 falls slightly below the analyst consensus of $6.84. RTX also increased its full-year revenue outlook to $92.5-$93.5 billion from $92.0-$93.0 billion, though the midpoint of $93.0 billion sits below the $93.5 billion consensus.

Adjusted net income rose 22% to $2.4 billion, driven by operating profit growth across Collins Aerospace, Pratt & Whitney, and Raytheon segments, along with lower interest and tax expenses. Free cash flow reached $1.3 billion in the quarter, up 65% YoY.

Collins Aerospace sales increased 5% to $7.6 billion, with commercial OE up 15% and commercial aftermarket up 7%. Pratt & Whitney revenue climbed 11% to $8.2 billion on a 19% surge in commercial aftermarket. Raytheon sales grew 10% to $6.9 billion, driven by higher volume on land and air defense systems.

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