Textron reported second quarter 2026 revenues of $3.8 billion, a 3% increase year-over-year, and adjusted EPS of $1.62. The company reiterated its full-year 2026 adjusted EPS guidance of $6.40 to $6.60 per share.
Key Highlights
- Textron announced it has initiated a sale process for its Industrial segment, which generated revenue of $848 million during the quarter.
- Manufacturing cash flow before pension contributions declined significantly to $154 million from $336 million in the prior-year period.
- Backlog remained robust across key segments, with Textron Aviation at $8.0 billion, Bell at $7.5 billion, and Textron Systems at $3.3 billion.
- Bell segment revenue increased 6% to $1.1 billion, driven by higher military revenues from H-1 production and the MV-75 program.