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Textron (TXT) Q1 2026 earnings results (first quarter 2026)
10-Q filed Apr 30, 2026
Textron (TXT) reported revenue of $3.7B for the first quarter 2026 (Q1 2026), +12% from a year earlier and -11% from the quarter before. Operating margin was 7.2%, net earnings $220M (6.0% of revenue).
Textron, Q1 2026: revenue $3.7B (+12% year over year), operating margin 7.2%, net earnings $220M, operating cash flow −$117M. The chart follows the revenue to costs, profit and cash.
| Q1 2026 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $3.7B | -11% | +12% |
| Operating profit | $267M | -4% | +11% |
| Net earnings | $220M | -6% | +6% |
| Operating cash flow | −$117M | -117% | — |
What changed
Revenue was $3.7B in Q1 2026, up 12% year over year and down 11% from the previous quarter. Textron Aviation was the largest line at 40% of revenue. Textron Aviation added $0.27B year over year (up 22%), 69% of the total change. Industrial declined 1%.
Operating profit was $0.27B, a 7.2% margin (down 0.1 points year over year). Of the extra revenue versus Q1 2025, 7% reached operating profit, below the 7% margin then. Total costs grew 12% against revenue growth of 12%. The fastest-growing cost line was Other operating costs (+13%). Net earnings were $0.22B, up 6% year over year. The effective tax rate was 17.6%.
Operating cash flow was −$0.12B. Non-cash charges added back $0.10B of depreciation and amortization and $0.04B of share-based compensation. Working capital and other items used $0.47B. Capital expenditures of $0.13B exceeded it, leaving free cash flow of −$0.25B.
Questions
What was Textron's revenue in the first quarter 2026?
Textron (TXT) reported revenue of $3.7B for the first quarter 2026 (Q1 2026), +12% from a year earlier and -11% from the quarter before.
Was Textron profitable in the first quarter 2026?
Operating profit was $267M (7.2% of revenue) and net earnings $220M.
Source: Textron 10-Q on SEC EDGAR.