RTX Corporation reported significant financial performance improvements in its quarterly filing for the period ending June 30, 2025. The company achieved total net sales of $21.58 billion, a 9.4% increase from $19.72 billion in the same quarter of the previous year. For the first half of 2025, net sales reached $41.89 billion, up from $39.03 billion in the first half of 2024. The company's operating profit surged to $2.15 billion for the quarter, compared to $529 million in the prior year, while net income attributable to common shareholders rose to $1.66 billion, a substantial increase from $111 million in the same quarter last year.
The financial results reflect a notable recovery from previous fiscal challenges, particularly the absence of significant charges that impacted earnings in 2024. The company reported a $0.9 billion charge related to legal matters in the second quarter of 2024, which was not present in the current quarter. Additionally, RTX's operating profit margin improved to 9.9% from 2.7% year-over-year, driven by enhanced performance across its segments, particularly in Collins Aerospace, Pratt & Whitney, and Raytheon.
Strategically, RTX has been active in managing its portfolio, including the planned divestiture of its Simmonds Precision Products business for approximately $0.8 billion, which is pending regulatory approval. The company also completed the sale of its Cybersecurity, Intelligence and Services business in early 2024, which contributed to a net gain of $0.4 billion recognized in the previous fiscal year. These strategic moves are part of RTX's ongoing efforts to streamline operations and focus on core competencies in aerospace and defense.
Operationally, RTX reported a total backlog of $236 billion as of June 30, 2025, indicating strong future revenue potential. The company noted that approximately 25% of this backlog is expected to be recognized as revenue within the next 12 months. The increase in backlog is attributed to robust defense bookings, which reached approximately $12 billion in the second quarter, up from $11 billion in the same period last year. The company also reported a slight increase in its employee headcount, reflecting its growth and expansion efforts.
Looking ahead, RTX remains cautiously optimistic about its financial outlook, despite ongoing challenges such as inflation, supply chain disruptions, and geopolitical tensions. The company is focused on leveraging its strong market position and operational efficiencies to navigate these challenges while continuing to invest in innovation and technology development. RTX's management emphasized the importance of maintaining a flexible approach to adapt to changing market conditions and customer demands.
About RTX Corp
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