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How Textron (TXT) makes money

Textron (TXT) made $3.8B of revenue in the third quarter 2026 (Q3 2026), +4% from a year earlier. Textron Aviation brought in $1.7B (45%); Bell brought in $933M (25%); Industrial brought in $765M (20%). Of every dollar of revenue, 9¢ was left as operating profit, 7¢ was left as net earnings.

Drawing the Sankey…

Textron revenue by segment, Q3 2026Textron revenue by segment, Q3 2026Textron Aviation$1.7BBell$933MIndustrial$765MTextron Systems$360MFinance$13.0M
Textron: revenue by line, Q1 2025 to Q3 2026Textron: revenue by line, Q1 2025 to Q3 2026Textron AviationBellIndustrialTextron SystemsFinanceTextron eAviationTextron Aviation: $1.7B latest$1.7BBell: $933M latest$933MIndustrial: $765M latest$765MTextron Systems: $360M latest$360MFinance: $13.0M latestTextron eAviation: $0 latestQ1 2025Q2 2025Q3 2025Q4 2025Q1 2026Q2 2026Q3 2026
Textron Aviation went from 37% of revenue in Q1 2025 to 45% in Q3 2026, the largest shift in the mix.
Textron revenue by quarterTextron revenue by quarter$3.3BQ1 2025$3.7BQ2 2025$3.6BQ3 2025$4.2BQ4 2025$3.7BQ1 2026$3.8BQ2 2026$3.8BQ3 2026
Textron: where each dollar of revenue goesTextron: where each dollar of revenue goesOperating profit9¢Income tax1¢Net earnings7¢Operating cash flow11¢Free cash flow9¢

Revenue by segment, Q3 2026

SegmentRevenueShareQ/QY/Y
Textron Aviation$1.7B44.8%+9%+14%
Bell$933M24.9%-13%-9%
Industrial$765M20.4%-10%+0.5%
Textron Systems$360M9.6%+4%+16%
Finance$13.0M0.3%-7%-50%

Where each dollar of revenue goes

LineQ3 2026% of revenue
Revenue$3.8B100.0%
Operating profit$322M8.6%
Income tax$52.0M1.4%
Net earnings$270M7.2%
Operating cash flow$425M11.3%
Free cash flow$323M8.6%

Revenue, quarter by quarter

QuarterRevenueY/Y
Q3 2026$3.8B+4%
Q2 2026$3.8B+3%
Q1 2026$3.7B+12%
Q4 2025$4.2B+16%
Q3 2025$3.6B+5%
Q2 2025$3.7B+5%
Q1 2025$3.3B+6%

From Textron's 10-Q filed Oct 29, 2026 (on EDGAR).

Questions

How does Textron make money?

Textron (TXT) made $3.8B of revenue in the third quarter 2026 (Q3 2026), +4% from a year earlier. Textron Aviation brought in $1.7B (45%); Bell brought in $933M (25%); Industrial brought in $765M (20%). Of every dollar of revenue, 9¢ was left as operating profit, 7¢ was left as net earnings.

What is Textron's biggest business?

Textron Aviation: $1.7B in the third quarter 2026, 45% of revenue, +14% from a year earlier.

What is Textron's profit margin?

Net earnings were $270M, 7.2% of revenue, in the third quarter 2026; the operating margin was 8.6%.

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