Filing Flows › RTX (RTX) › Q2 2026 › vs Q2 2025
RTX (RTX) Q2 2026 vs Q2 2025 (year over year)
RTX's revenue rose $3.1B (+14%) from $21.6B in Q2 2025 to $24.7B in Q2 2026. The biggest changes: Raytheon +$1.3B (+18%); Pratt & Whitney +$1.2B (+16%); Collins Aerospace +$623M (+9%). Operating margin 11.4% against 9.9% (+1.4 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 Q2 2025, the increases inside each band.
Margins
| Q2 2026 | Q2 2025 | Change | |
|---|---|---|---|
| Operating margin | 11.4% | 9.9% | +1.4 pts |
| Net margin | 8.7% | 7.7% | +1.0 pts |
| Free cash flow margin | 11.6% | -0.3% | +12.0 pts |
Every line
| Line | Q2 2026 | Q2 2025 | Change | % |
|---|---|---|---|---|
| Pratt & Whitney | $8.9B | $7.6B | $1.2B | +16% |
| Raytheon | $8.2B | $7.0B | $1.3B | +18% |
| Collins Aerospace | $7.6B | $6.9B | $623M | +9% |
| Other | $55.0M | $54.0M | $1.0M | +2% |
| Revenue | $24.7B | $21.6B | $3.1B | +14% |
| Operating profit | $2.8B | $2.1B | $665M | +31% |
| Costs & expenses | $21.9B | $19.4B | $2.5B | +13% |
| Pre-tax earnings | $2.7B | $2.0B | $702M | +34% |
| Research & development | $726M | $697M | $29.0M | +4% |
| SG&A | $1.7B | $1.6B | $85.0M | +5% |
| Other operating costs | $19.5B | $17.2B | $2.3B | +14% |
| Net earnings | $2.1B | $1.7B | $482M | +29% |
| Minority interests | $110M | $68.0M | $42.0M | +62% |
| Income tax | $493M | $315M | $178M | +57% |
| Depreciation & amortization | $1.1B | $1.1B | $3.0M | +0.3% |
| Share-based compensation | $164M | $113M | $51.0M | +45% |
| Working capital & other | $165M | −$2.4B | $2.6B | — |
| Operating cash flow | $3.5B | $458M | $3.1B | +674% |
| Free cash flow (OCF − capex) | $2.9B | −$72.0M | $3.0B | — |
| Capital expenditures | $669M | $530M | $139M | +26% |
Questions
How much did RTX's revenue grow year over year in Q2 2026?
RTX's revenue rose $3.1B (+14%) from $21.6B in Q2 2025 to $24.7B in Q2 2026.
What drove RTX's revenue change in Q2 2026?
Raytheon +$1.3B (+18%); Pratt & Whitney +$1.2B (+16%); Collins Aerospace +$623M (+9%).