RTX Corporation reported a significant increase in its financial performance for the first quarter of 2026, with total net sales reaching $22.1 billion, up from $20.3 billion in the same period last year, marking an increase of 8.7%. The company's operating profit also rose to $2.6 billion, compared to $2.0 billion in the prior year, resulting in an operating profit margin of 11.6%, up from 10.0%. Net income attributable to common shareholders was $2.1 billion, or $1.51 per diluted share, compared to $1.5 billion, or $1.14 per diluted share, in the previous year.
The increase in revenue was driven by higher product and service sales across all segments, particularly in Pratt & Whitney, which saw a $0.8 billion increase in organic sales, primarily due to higher commercial aftermarket sales. Collins Aerospace and Raytheon also contributed to the growth, with organic sales increases of $0.7 billion and $0.6 billion, respectively. The company noted that divestitures within the Collins segment negatively impacted sales by approximately $0.4 billion.
Operationally, RTX's total backlog stood at $271 billion as of March 31, 2026, reflecting a slight increase from $268 billion at the end of 2025. The defense segment saw a notable increase in bookings, totaling approximately $14 billion for the quarter, compared to $9 billion in the same period last year. This growth was attributed to various factors, including increased demand for defense systems and a favorable change in mix and performance across multiple programs.
In terms of strategic developments, RTX continues to navigate challenges related to supply chain disruptions and inflationary pressures, which have impacted costs and operational efficiency. The company has implemented measures to mitigate these impacts, including digital transformation initiatives and operational modernization efforts. Looking ahead, RTX remains focused on maintaining its competitive position in the aerospace and defense sectors, with expectations for continued growth driven by strong demand in both commercial and defense markets.
Overall, RTX Corporation's first-quarter results reflect a positive trajectory in financial performance, supported by strategic initiatives and a robust order backlog, despite ongoing challenges in the broader economic environment. The company anticipates that its operational strategies will enable it to capitalize on growth opportunities in the coming quarters.
About RTX Corp
RTX Corporation is a leading aerospace and defense company providing advanced systems, products, and services for commercial, military, and government customers worldwide. Its core segments—Collins Aerospace, Pratt & Whitney, and Raytheon—offer aircraft components, engines, missile defense, and sensors. Serving global markets, RTX focuses on innovation, technological leadership, and integrated defense solutions, supporting civil aviation, space exploration, and national security with a diversified business model.
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