Filing Flows › RTX (RTX) › Q2 2026 › vs Q1 2026
RTX (RTX) Q2 2026 vs Q1 2026 (quarter over quarter)
RTX's revenue rose $2.6B (+12%) from $22.1B in Q1 2026 to $24.7B in Q2 2026. The biggest changes: Raytheon +$1.3B (+19%); Pratt & Whitney +$708M (+9%); Collins Aerospace +$618M (+9%). Operating margin 11.4% against 11.6% (-0.2 pts).
RTX, Q2 2026: revenue $24.7B (+14% year over year), operating margin 11.4%, net earnings $2.1B, operating cash flow $3.5B. The chart draws each line against Q1 2026, the increases inside each band.
Margins
| Q2 2026 | Q1 2026 | Change | |
|---|---|---|---|
| Operating margin | 11.4% | 11.6% | -0.2 pts |
| Net margin | 8.7% | 9.3% | -0.7 pts |
| Free cash flow margin | 11.6% | 5.9% | +5.7 pts |
Every line
| Line | Q2 2026 | Q1 2026 | Change | % |
|---|---|---|---|---|
| Pratt & Whitney | $8.9B | $8.2B | $708M | +9% |
| Raytheon | $8.2B | $6.9B | $1.3B | +19% |
| Collins Aerospace | $7.6B | $6.9B | $618M | +9% |
| Other | $55.0M | $55.0M | $0 | 0% |
| Revenue | $24.7B | $22.1B | $2.6B | +12% |
| Operating profit | $2.8B | $2.6B | $256M | +10% |
| Costs & expenses | $21.9B | $19.5B | $2.4B | +12% |
| Pre-tax earnings | $2.7B | $2.5B | $222M | +9% |
| Research & development | $726M | $627M | $99.0M | +16% |
| SG&A | $1.7B | $1.5B | $182M | +12% |
| Other operating costs | $19.5B | $17.4B | $2.1B | +12% |
| Net earnings | $2.1B | $2.1B | $80.0M | +4% |
| Minority interests | $110M | $98.0M | $12.0M | +12% |
| Income tax | $493M | $363M | $130M | +36% |
| Depreciation & amortization | $1.1B | $1.1B | $8.0M | +0.7% |
| Share-based compensation | $164M | $132M | $32.0M | +24% |
| Working capital & other | $165M | −$1.4B | $1.6B | — |
| Operating cash flow | $3.5B | $1.9B | $1.7B | +91% |
| Free cash flow (OCF − capex) | $2.9B | $1.3B | $1.6B | +120% |
| Capital expenditures | $669M | $546M | $123M | +23% |
Questions
How much did RTX's revenue grow quarter over quarter in Q2 2026?
RTX's revenue rose $2.6B (+12%) from $22.1B in Q1 2026 to $24.7B in Q2 2026.
What drove RTX's revenue change in Q2 2026?
Raytheon +$1.3B (+19%); Pratt & Whitney +$708M (+9%); Collins Aerospace +$618M (+9%).