Every 10-Q that Textron, Inc. (TXT) has filed with the SEC in the last 24 months is listed below, newest first, and each one links through to the document itself with the summary and the scores our analysis gives it.
A 10-Q covers the quarterly report filed between annual reports, so if you follow TXT and want that one kind of document rather than the whole filing history, this is the page to keep. The company's other filings, of every form, are on the full TXT filings page.
Textron Inc. reported higher results for the quarter ended July 4, 2026, with revenue of $3,827 million versus $3,716 million and net income of $248 million versus $245 million. Diluted EPS was $1.42. For the first half of 2026, revenue reached $7,522 million and net income $468 million.
Manufacturing gross margin declined to 17.8% from 18.8%, mainly from mix and performance at Bell, despite growth at Textron Aviation, Textron Systems and Industrial. First‑half operating cash flow was $187 million, while the Manufacturing group held $1,436 million of cash and a net‑debt‑to‑capital ratio of 20%.
Backlog remained strong at $18,914 million. Bell’s MV‑75 program presents notable risk: if additional U.S. Government fiscal 2026 funds are not approved and obligated, Textron could record an unfavorable cumulative catch‑up adjustment of up to $120 million and experience about $350 million of negative cash flow, with a further expected adjustment in the range of $60 million to $110 million when the largely fixed‑price LRIP phase is awarded. Textron also plans to separate its Industrial segment within 12 to 18 months, subject to customary conditions and approvals.
Textron Inc. delivered higher sales but faces key program and portfolio shifts in early 2026. First‑quarter revenues rose 12% year over year to $3.695 billion, led by Textron Aviation, where strong demand for Citation jets and turboprops lifted segment revenue 22% and profit 26%. Net income increased to $220 million, and diluted earnings per share improved to $1.25. Companywide backlog reached $19.2 billion, reflecting healthy demand across aviation, defense and industrial markets.
Bell’s revenue grew 9% on higher MV‑75 military program activity, but its profit fell 20% as mix shifted away from commercial helicopters and toward lower‑margin defense work. Textron disclosed that when the largely fixed‑price MV‑75 contract enters its Low‑Rate Initial Production phase, it expects a one‑time, unfavorable cumulative catch‑up adjustment of $60 million to $110 million, though management still expects the overall program to be profitable. Textron Systems and the Finance segment both posted modest profit growth, while Industrial improved margins despite flat revenue.
Operating cash flow was a seasonal outflow of $117 million, as inventory and working capital increased, and the company spent $133 million on capital expenditures and $168 million repurchasing 1.8 million shares. Management also announced plans to separate the Industrial segment within 12 to 18 months, potentially through a sale or tax‑free spin‑off, while cautioning that timing, structure and ultimate completion remain uncertain. In addition, Textron highlighted funding risk on the accelerated MV‑75 program: the U.S. Army is seeking $350 million of additional fiscal 2026 funding, and if current funds are exhausted before approval, Bell could receive a stop‑work order, which may cause program delays, supplier claims or unrecoverable costs.
Textron Inc. filed its Q3 2025 10‑Q reporting higher sales and steady earnings. Total revenue rose 5% to $3,602 million, and diluted EPS from continuing operations was $1.31 versus $1.18 a year ago. Net income was $234 million. Textron Aviation and Bell drove the quarter, with Aviation revenue up to $1,477 million and Bell up to $1,026 million, while Industrial declined to $761 million following the April sale of the Powersports business. Finance revenue increased to $26 million.
Backlog and cash generation strengthened. Remaining performance obligations were $19.1 billion; Bell’s backlog increased 10% to $8,231 million, including a $1.3 billion MV‑75 award. Year‑to‑date operating cash flow was $613 million. The company repurchased $640 million of common stock year‑to‑date, ending with 176,224,064 shares outstanding as of October 10, 2025. The balance sheet showed cash and equivalents of $1,522 million and total shareholders’ equity of $7,493 million.
Capital structure and taxes: Textron issued $500 million of 5.50% notes due 2035 (net proceeds $495 million). The Q3 effective tax rate was 25.6%, reflecting provisions of the newly enacted One Big Beautiful Bill Act. Management noted that an ongoing U.S. Government shutdown could disrupt program timing and cash collections if prolonged.
Textron (TXT) Q2-25 10-Q highlights
Revenue rose 5% YoY to $3.72 bn as higher military work at Bell (+28% to $1.02 bn) and steady demand at Textron Aviation offset an 8% slide at Industrial after the April divestiture of the Powersports unit. Segment profit inched up 1% to $346 m, but Manufacturing gross margin narrowed 60 bp to 18.8% on mix, inflation and a $38 m LIFO charge. Net income from continuing ops fell 6% to $245 m; diluted EPS was flat at $1.35 thanks to a 7% lower share count.
For six months, revenue reached $7.02 bn (+5%) and diluted EPS improved 4% to $2.48. Operating cash flow dropped to $264 m (-27%) on a $284 m inventory build. The company repurchased $429 m of shares and issued $500 m of 5.50% notes due 2035, lifting total debt to $3.4 bn while ending with $1.43 bn in cash.
- Backlog declined 6% YTD to $16.9 bn, driven by Bell (-8%) and Systems (-16%).
- R&D expense jumped 30% to $137 m, largely supporting the U.S. Army’s FLRAA program.
- Special charges of $8 m relate to a Textron Systems restructuring (≈85 positions) and a $4 m gain on the Powersports sale.
The effective tax rate was 18.6%; management expects the newly enacted “One Big Beautiful Bill Act” to raise 2025 cash flow but increase the full-year tax rate.