RTX Corporation (RTX) Earnings Call Transcripts

RTX Corporation's Latest Earnings Call - Q2 FY2026

In Q2 2026, RTX Corporation reported adjusted sales of $24.7 billion, a 16% organic increase, and adjusted EPS of $1.89, up 21% year-over-year. The company raised its full-year guidance for adjusted sales to a range of $95 billion to $96 billion, up from $92.5 billion to $93.5 billion, driven by strong demand in both commercial and defense sectors. The backlog reached a record $289 billion, reflecting robust future growth potential.

Reported metrics

Guidance from management

Management raised full-year adjusted sales guidance to $95 billion to $96 billion and adjusted EPS guidance to $7.10 to $7.25, reflecting strong demand and operational performance.

What management said

Maybe the last thing I would say on this one is, we've mentioned this before, the framework agreements that we've talked about. They're not even in this backlog today. To the extent that they get into the backlog and that we get the multiyear treatment we really believe those are really, really good pieces of business. And so I'll just say, we're not going to stop in terms of kind of where we are from a margin perspe...

All right. Thank you, Livy. That concludes today's call. As always, the Investor Relations team will be available for follow-up questions. Thank you all for joining us, and have a good day.

What analysts pressed on

Analysts expressed concerns regarding the potential slowdown in revenue growth in the second half compared to the first half, particularly in the Pratt segment due to difficult year-over-year comparisons and shifts in engine mix.

Main topics on the call

• Revenue Growth Acceleration — RTX achieved adjusted sales of $24.7 billion, a 16% organic growth driven by double-digit increases in both commercial aftermarket and defense segments. Management stated, "We continue to see exceptional demand for our p...
• Record Backlog — The company's backlog reached a record $289 billion, up 22% year-over-year. This strong backlog is supported by significant awards, including nearly $20 billion booked by Raytheon, indicating strong future revenue visibi...
• Increased Full-Year Guidance — Management raised the full-year adjusted sales outlook by $2.5 billion to a new range of $95 billion to $96 billion, reflecting strong first-half performance and demand. They noted, "Based on our first half execution and...
• Strong Free Cash Flow Generation — RTX generated $2.9 billion in free cash flow during the quarter, driven by segment profit growth and increased engine deliveries. This strong cash flow supports the company's investment strategy and dividend commitments.

Read the full RTX Corporation transcript (Q2 FY2026) → Summary generated from the call transcript; every figure above is stated by management on the record.

Earnings Call History

EarningsCalls.dev has 54 RTX Corporation earnings call transcripts on record, spanning January 28, 2020 to July 23, 2026. Based on this history, RTX Corporation reports quarterly. The most recent call on file is dated July 23, 2026. The full list is below — each row opens the complete, free-to-read transcript.

Ticker

RTX

Exchange

NYSE

Country

US

Sector

Industrials

Industry

Aerospace and Defense

Calls on record

54

First call

January 28, 2020

Most recent

July 23, 2026

Reporting cadence

quarterly