RTX · Q3 2026 · Earnings analysis
Tomahawk and AMRAAM drive RTX’s defense order surge
Two undefinitized awards dominate Raytheon’s quarterly bookings, while tariff refunds account for nearly half of RTX’s adjusted earnings-per-share increase.
RTX · Q3 2026
RTX
Tuesday, October 20 · 8:30 AM EDT
Results available
Fiscal period ended 2026-09-30.
Full analysis below.
Earnings analysis
Coming into the quarter
Second quarter 2026. Period ended 2026-06-30. Company-wide figures unless noted.
- Organic revenue growth
- 16% Source ↗
organic sales: the change in consolidated net sales, excluding the impact of foreign currency translation, acquisitions and divestitures completed in the preceding twelve months and net significant and/or non-recurring items
First takes
RTX's defense backlog grows $45 billion in a quarter
Defense reached about 48% of RTX's backlog in the third quarter, up from about 41% in the second. RTX also raised its 2026 adjusted sales outlook.
No official call questions and answers available here for this quarter.
Follow the reporting
Schedule changes
- 2026-10-12: Tuesday, October 20 · 8:30 AM EDT; scheduled.