Earnings Releases·Oct 29, 2026, 6:39 AM ET

Textron Inc. — Third Quarter 2026 Earnings Summary

Reported Q3 2026 revenue of $3.8 billion (+4% YoY), with GAAP EPS rising to $1.56 and adjusted EPS reaching $1.76, both up from prior year levels.
Raised full-year 2026 guidance across all key metrics: GAAP EPS to $5.64–$5.74, adjusted EPS to $6.55–$6.65, and manufacturing cash flow before pension contributions to $800–$900 million, driven by U.S. Army approval of the MV-75 Cheyenne program funding.
Segment performance was mixed: Textron Aviation revenue surged 14% to $1.7 billion on higher jet deliveries, while Bell revenue declined 9% to $933 million due to lower military and commercial volumes; Textron Systems and Industrial segments posted double-digit profit growth.
Returned $239 million to shareholders via share repurchases, reduced long-term debt to $3.11 billion, and executed a strategic realignment effective January 4, 2026, moving Pipistrel to Textron Aviation and military unmanned products to Textron Systems.