Filing Flows › RTX (RTX) › Q2 2025
RTX (RTX) Q2 2025 earnings results (second quarter 2025)
10-Q filed Jul 22, 2025
RTX (RTX) reported revenue of $21.6B for the second quarter 2025 (Q2 2025), +9% from a year earlier and +6% from the quarter before. Operating margin was 9.9%, net earnings $1.7B (7.7% of revenue).
RTX, Q2 2025: revenue $21.6B (+9% year over year), operating margin 9.9%, net earnings $1.7B, operating cash flow $458M. The chart follows the revenue to costs, profit and cash.
| Q2 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $21.6B | +6% | +9% |
| Operating profit | $2.1B | +5% | +306% |
| Net earnings | $1.7B | +8% | 15× |
| Operating cash flow | $458M | -65% | -83% |
What changed
Revenue was $21.6B in Q2 2025, up 9% year over year and up 6% from the previous quarter. Pratt & Whitney was the largest line at 35% of revenue. Pratt & Whitney added $0.83B year over year (up 12%), 45% of the total change.
Operating profit was $2.1B, a 9.9% margin (up 7.3 points year over year). Of the extra revenue versus a year earlier, 87% reached operating profit, above the 3% margin then. Total costs grew 1% against revenue growth of 9%. Net earnings were $1.7B, up 1393% year over year. The effective tax rate was 15.4%.
Operating cash flow was $0.46B (down 83% year over year), 27% of net income including minority interests. Non-cash charges added back $1.1B of depreciation and amortization and $0.11B of share-based compensation. Working capital and other items used $2.5B. Capital expenditures of $0.53B exceeded it, leaving free cash flow of −$0.07B.
Questions
What was RTX's revenue in the second quarter 2025?
RTX (RTX) reported revenue of $21.6B for the second quarter 2025 (Q2 2025), +9% from a year earlier and +6% from the quarter before.
Was RTX profitable in the second quarter 2025?
Operating profit was $2.1B (9.9% of revenue) and net earnings $1.7B.
Source: RTX 10-Q on SEC EDGAR.