RTX raises 2026 outlook after reporting double-digit sales growth
RTX reported second quarter 2026 sales of $24.7 billion, a 14 percent increase year-over-year, and adjusted earnings per share of $1.89, up 21 percent. The company has raised its full-year financial outlook.
ARLINGTON, Va. – Defense and aerospace company RTX announced on July 23, 2026, strong second-quarter results that exceeded expectations, prompting an increase in the company's full-year financial outlook. RTX reported significant year-over-year growth in sales and a healthy free cash flow.
For the second quarter of 2026, RTX's sales reached $24.7 billion, marking a 14 percent increase from the prior year. Organic sales grew by 16 percent. Earnings per share (EPS) stood at $1.57, while adjusted EPS rose 21 percent to $1.89. The company generated $3.5 billion in operating cash flow and $2.9 billion in free cash flow.
RTX Chairman and CEO Chris Calio highlighted the robust performance, noting the 16 percent organic sales growth driven by double-digit increases in both the commercial aftermarket and defense sectors. "Demand remains robust, and our backlog is up 22 percent year over year," Calio stated.
The company also agreed to sell its Raytheon Blue Canyon Technologies business for $620 million. Reflecting on the first half of the year, RTX has revised its full-year 2026 guidance upward for adjusted sales, adjusted EPS, and free cash flow.