Company file · TXT
Textron
Finance was Textron's fastest-growing segment in FY2026, up 50.0%
Revenue rose 8.0% to $14.8B in FY2026, from $13.7B in FY2024. Net income rose 11.8% to $921M. Textron Aviation was the largest segment, at 40% of revenue.
Key facts
In fiscal 2026, which ended Jan 3, 2026, Textron (NYSE: TXT) took in $14.8B of revenue (up 8.0% on fiscal 2024); net income was $921M (up 11.8%). The most recent quarter, ended Oct 3, 2026, brought revenue of $3.8B, up 4.1% year over year, with net income of $270M. Textron Aviation was the biggest single line by segment: 40% of fiscal 2026 revenue. Sources: 10-K for fiscal 2026 (filed Feb 11, 2026) and 10-Q for the quarter ended Oct 3, 2026 (filed Oct 29, 2026).
Source: 10-K FY2026, filed Feb 11, 2026
Source: 10-Q filed Apr 30, 2026 · 10-Q filed Jul 28, 2026 · 10-Q filed Oct 29, 2026
How it makes money
By segment in FY2026: Textron Aviation (40%), Bell (29%), Industrial (22%) and Textron Systems (8%), as shares of total revenue. Total revenue was $14.8B.
Source: 10-K FY2026
By region, FY2026
Share is of the FY2026 total; the last column is the change from FY2025.
Learn more: Revenue vs. net income · Gross, operating and net margin
What changed last quarter
Comparing Q3 FY2027 (Jul to Sep 2026) compared with Q3 FY2026 (Jul to Sep 2025)
Each pair of bars shows the dollar amount for both quarters. Longer bar, more money. Bars in a group share one scale.
Q3 FY2027Q3 FY2026
Company
Source: Textron 10-Q for the quarter ended Oct 3, 2026, filed Oct 29, 2026
By segment
Source: Textron 10-Q for the quarter ended Oct 3, 2026, filed Oct 29, 2026
The bull case and the bear case
The bull case
- Revenue rose 8.0% in FY2026 to $14.8B, from $13.7B a year earlier. 10-K, FY2026
- Net income rose 11.8% in FY2026 to $921M, from $824M. 10-K, FY2026
- Operating cash flow rose 29.4% in FY2026 to $1.3B. 10-K, FY2026
- Diluted shares fell 5.3% in FY2026, so each share represents a larger slice of profit. 10-K, FY2026
The bear case
- Textron eAviation revenue fell 18.2% in FY2026 to $27M. 10-K, FY2026
- The company's own risk factors are in Item 1A of its 10-K. Risks common in this industry include government and airline demand; program execution; supply chain. 10-K, Item 1A
What optimists and skeptics tend to point to, each tied to a filing. Ticker Sage doesn't pick a side, and neither list is a reason to buy or sell.
What the company does
Textron is in the aerospace & defense industry, part of the industrials sector. The SEC files it under Aircraft & Parts.
Textron reports 6 segments: Textron Aviation, Bell, Industrial, Textron Systems, Finance and Textron eAviation.
Its latest fiscal year, FY2026, ended Jan 3, 2026.
Source: 10-K, Item 1 Business
Risks common in this industry
These are general risks for companies in the aerospace & defense industry. They are not a summary of Textron’s own risk factors; for those, read Item 1A of its latest 10-K, linked below.
- Government and airline demandOrders depend on defense budgets and airline spending, which can change.
- Program executionLarge programs can run over budget or be delayed.
- Supply chainSpecialist suppliers and materials can limit output.
- Regulation and safetyAviation safety rules and product liability can bring cost.
- TradeExport rules and tariffs affect costs and sales.
Source: 10-K, Item 1A Risk Factors (the company's own list, in the company's words)
Three years of key numbers
Every number links to its filing; hover for the XBRL tag. A dash means the number isn't cleanly available, and we don't estimate it.
| US$ | FY2023 | FY2024 | FY2026 |
|---|---|---|---|
| Revenue | $13.7B | $13.7B | $14.8B |
| Net income | $921M | $824M | $921M |
| Operating cash flow | $1.3B | $1.0B | $1.3B |
| Cash & equivalents (year end) | $2.2B | $1.4B | $2.0B |
| Diluted shares | 202M | 190M | 180M |
- Revenue: Total revenue for the fiscal year, as the company reports it on its income statement.
- Net income: Net income attributable to the company's shareholders, after all costs, interest and taxes.
- Operating cash flow: Cash the business brought in from its day-to-day operations during the year (cash flow statement).
- Cash & equivalents: Cash, cash equivalents and restricted cash, the only cash total tagged in its filings.
- Diluted shares: Weighted average shares outstanding for the year, including the effect of options and stock awards.
Learn more: How to read an income statement · Earnings per share, basic and diluted · Free cash flow · How to read a balance sheet · Growth rate calculator · P/E calculator · Market cap calculator · Free cash flow calculator · Return on equity and assets calculator
Explainers for this page
- Segment reporting
- The cash flow statement
- Risk factors (Item 1A)
- Debt-to-equity ratio
- Return on equity (ROE)
- Restructuring charges
- Stock-based compensation
Plain-English guides to terms this file uses, with real numbers from filings.
About these numbers
What we left out
- Total debt: the company's filing data doesn't carry a consistent debt total for the years shown, so it isn't shown.
Recent filings
| Form | Filed | Period |
|---|---|---|
| 10-Q | Oct 29, 2026 | Oct 3, 2026 |
| 10-Q | Jul 28, 2026 | Jul 4, 2026 |
| 10-Q | Apr 30, 2026 | Apr 4, 2026 |
| DEF 14A | Mar 5, 2026 | Apr 29, 2026 |
| 10-K | Feb 11, 2026 | Jan 3, 2026 |
Learn more: 10-K vs. 10-Q vs. 8-K · Form 4 insider filings · Fiscal years and quarters
Common questions about Textron
How does Textron make money?
In fiscal 2026, revenue totaled $14.8B. By segment in FY2026: Textron Aviation (40%), Bell (29%), Industrial (22%) and Textron Systems (8%), as shares of total revenue. Total revenue was $14.8B. Source: 10-K for fiscal 2026, filed Feb 11, 2026.
What was Textron's revenue in fiscal 2026?
Revenue came to $14.8B in the year ended Jan 3, 2026. Going back two years, it was $13.7B in fiscal 2023 and $13.7B in fiscal 2024, so the latest year was up 8.0%. Source: 10-K for fiscal 2026, filed Feb 11, 2026.
Is Textron profitable?
Yes, by US accounting rules (GAAP): net income was $921M in fiscal 2026, up 11.8% from $824M a year earlier. For the quarter ended Oct 3, 2026, net income was $270M. The page's About these numbers section explains what is included. Source: 10-K for fiscal 2026, filed Feb 11, 2026.
What did Textron report in its latest quarterly filing?
The 10-Q for the quarter ended Oct 3, 2026 shows revenue of $3.8B, against $3.6B in the same quarter a year before (up 4.1%), and net income of $270M, against $234M (up 15.4%). Source: 10-Q for the quarter ended Oct 3, 2026, filed Oct 29, 2026.
What are the main risks Textron faces?
Textron's own risk factors are in Item 1A of its 10-K for fiscal 2026, filed Feb 11, 2026. Risks that are common among companies in the aerospace & defense industry include Government and airline demand; program execution; supply chain; regulation and safety; trade. The first: Orders depend on defense budgets and airline spending, which can change. Source: 10-K, Item 1A Risk Factors.
Where do these Textron numbers come from?
Two filings Textron made with the SEC: its fiscal 2026 10-K, filed Feb 11, 2026, and its 10-Q for the quarter ended Oct 3, 2026, filed Oct 29, 2026. The figures are taken from the XBRL data the SEC publishes, and every one links back to its source. Methodology explains how fiscal years and missing numbers are handled.
Tracked funds that report owning Textron
- Two Sigma Investments: 676,792 shares, reported value $62.1M at Jun 30, 2026 (−62.4% in shares since the filing for Mar 31, 2026). Form 13F filed Aug 14, 2026.
- Citadel Advisors: 75,358 shares, reported value $6.9M at Jun 30, 2026 (−15.3% in shares since the filing for Mar 31, 2026). Form 13F filed Sep 2, 2026.
- Bridgewater Associates: 50,477 shares, reported value $4.6M at Jun 30, 2026 (+1,129.6% in shares since the filing for Mar 31, 2026). Form 13F filed Aug 14, 2026.
- Millennium Management: 11,708 shares, reported value $1.1M at Jun 30, 2026 (−81.6% in shares since the filing for Mar 31, 2026). Form 13F filed Aug 14, 2026.
From each fund’s latest Form 13F, which is filed up to 45 days after quarter end and lists long positions in US-listed stocks only. A listing here is a fact about a filing, not a view on the stock. What a 13F does and doesn’t show.
Disclosures
- Editor holdings in TXT
- The editor holds no position in Textron (TXT). As of Nov 11, 2026.
- Trading rule
- The editor does not buy or sell TXT from 3 days before to 3 days after this page is published or substantively updated.
- Compensation
- Nobody paid for this page. No affiliate links on this page.
- Sources
- The company's SEC filings, linked next to each number or, for charts, in the source line under them.
- Last updated
- Nov 10, 2026
General education, the same for every reader. Not a recommendation to buy, sell or hold TXT, and it doesn't consider your situation.
Compare with peers
| Company | Fiscal year | Revenue | Revenue growth | Net income |
|---|---|---|---|---|
| TextronTXT | FY2026 | $14.8B | +8.0% | $921M |
| GE AerospaceGE | FY2025 | $45.9B | +18.5% | $8.7B |
| RTX | FY2025 | $88.6B | +9.7% | $6.7B |
| Lockheed MartinLMT | FY2025 | $75.0B | +5.6% | $5.0B |
| BoeingBA | FY2025 | $89.5B | +34.5% | $2.2B |
Each row is that company’s latest fiscal year from its own 10-K, using its own revenue and net income lines. Fiscal years end in different months, and line definitions differ (banks, insurers and oil companies count revenue differently), so this is a rough side-by-side, not a like-for-like comparison.
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New to filings? Learn has plain-English explainers and Tools has calculators. Methodology & Disclosures covers where every number comes from.