Textron Inc. (NYSE: TXT) announced strong third-quarter 2026 financial results, including a 4% year-over-year revenue increase to $3.8 billion. Citing solid performance and Congressional funding approval for a key defense program, the company raised its full-year 2026 outlook for both adjusted earnings per share and manufacturing cash flow.
Key Details
- Q3 2026 Performance: Reported revenues of $3.8 billion and adjusted EPS of $1.76, compared to $1.55 in Q3 2025. Manufacturing cash flow before pension contributions was $418 million.
- Raised Full-Year 2026 Outlook: Adjusted EPS guidance was raised to a range of $6.55 - $6.65, up from $6.40 - $6.60. The manufacturing cash flow outlook was increased to $800 - $900 million, up from $700 - $800 million.
- Segment Highlights & Program Update: Textron Aviation revenue grew 14% to $1.7 billion, driven by higher jet deliveries. The updated guidance reflects the U.S. Army's receipt of Congressional funding approval related to the MV-75 Cheyenne program.