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How RTX (RTX) makes money

RTX (RTX) made $25.0B of revenue in the third quarter 2026 (Q3 2026), +11% from a year earlier. Pratt & Whitney brought in $9.2B (37%); Raytheon brought in $8.0B (32%); Collins Aerospace brought in $7.7B (31%). Of every dollar of revenue, 13¢ was left as operating profit, 10¢ was left as net earnings.

Drawing the Sankey…

RTX revenue by segment, Q3 2026RTX revenue by segment, Q3 2026Pratt & Whitney$9.2BRaytheon$8.0BCollins Aerospace$7.7BOther$51.0M
RTX: revenue by line, Q1 2025 to Q3 2026RTX: revenue by line, Q1 2025 to Q3 2026Pratt & WhitneyRaytheonCollins AerospaceOtherPratt & Whitney: $9.2B latest$9.2BRaytheon: $8.0B latest$8.0BCollins Aerospace: $7.7B latest$7.7BOther: $51.0M latestQ1 2025Q2 2025Q3 2025Q4 2025Q1 2026Q2 2026Q3 2026
The mix barely moved between Q1 2025 and Q3 2026.
RTX revenue by quarterRTX revenue by quarter$20.3BQ1 2025$21.6BQ2 2025$22.5BQ3 2025$24.2BQ4 2025$22.1BQ1 2026$24.7BQ2 2026$25.0BQ3 2026
RTX: where each dollar of revenue goesRTX: where each dollar of revenue goesOperating profit13¢Income tax2¢Net earnings10¢Operating cash flow11¢Free cash flow8¢

Revenue by segment, Q3 2026

SegmentRevenueShareQ/QY/Y
Pratt & Whitney$9.2B36.9%+4%+9%
Raytheon$8.0B32.0%-3%+14%
Collins Aerospace$7.7B30.8%+2%+10%
Other$51.0M0.2%-7%0%

Where each dollar of revenue goes

LineQ3 2026% of revenue
Revenue$25.0B100.0%
Operating profit$3.3B13.4%
Income tax$593M2.4%
Net earnings$2.6B10.3%
Operating cash flow$2.9B11.5%
Free cash flow$2.1B8.5%

Revenue, quarter by quarter

QuarterRevenueY/Y
Q3 2026$25.0B+11%
Q2 2026$24.7B+14%
Q1 2026$22.1B+9%
Q4 2025$24.2B+12%
Q3 2025$22.5B+12%
Q2 2025$21.6B+9%
Q1 2025$20.3B+5%

From RTX's 10-Q filed Oct 20, 2026 (on EDGAR).

Questions

How does RTX make money?

RTX (RTX) made $25.0B of revenue in the third quarter 2026 (Q3 2026), +11% from a year earlier. Pratt & Whitney brought in $9.2B (37%); Raytheon brought in $8.0B (32%); Collins Aerospace brought in $7.7B (31%). Of every dollar of revenue, 13¢ was left as operating profit, 10¢ was left as net earnings.

What is RTX's biggest business?

Pratt & Whitney: $9.2B in the third quarter 2026, 37% of revenue, +9% from a year earlier.

What is RTX's profit margin?

Net earnings were $2.6B, 10.3% of revenue, in the third quarter 2026; the operating margin was 13.4%.

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Updated Nov 8, 2026. Read automatically from SEC filings and public data; errors are possible. Not investment advice.