Textron Inc. Reports 5% Revenue Growth to $3.716 Billion in Q2 2025

Textron Inc. reported its financial results for the second quarter and first half of 2025, revealing a total revenue of $3.716 billion for the quarter, a 5% increase from $3.527 billion in the same period last year. For the first half of 2025, revenues reached $7.022 billion, up from $6.662 billion in the first half of 2024. The company’s net income for the second quarter was $245 million, slightly down from $259 million a year earlier, while net income for the first half was $452 million, compared to $460 million in the prior year. Basic earnings per share for the second quarter were $1.36, compared to $1.37 in the previous year.

The increase in revenue was primarily driven by higher sales in the Bell segment, which saw a $222 million increase due to military aircraft and support programs, particularly the Future Long Range Assault Aircraft (FLRAA) program. Textron Aviation also contributed to the revenue growth with a $42 million increase, largely from higher aircraft sales. However, the Industrial segment experienced a decline of $75 million, attributed to the sale of the Powersports business and lower sales in golf products. Overall, the Manufacturing group reported a revenue increase of $186 million in the second quarter, with product revenues rising significantly.

In terms of operational developments, Textron completed the sale of its Powersports business in April 2025, generating $16 million in net cash proceeds and recording a pre-tax gain of $4 million. The company also initiated restructuring actions in the Textron Systems segment, resulting in special charges of $8 million related to severance and contract termination costs. The restructuring is expected to affect approximately 85 positions, representing less than 1% of Textron's global workforce.

The company’s balance sheet showed total assets of $17.076 billion as of June 28, 2025, an increase from $16.838 billion at the end of 2024. Cash and equivalents decreased slightly to $1.434 billion from $1.441 billion. Textron's total liabilities remained relatively stable at $9.643 billion, compared to $9.634 billion at the end of the previous year. The company’s shareholders' equity increased to $7.433 billion, up from $7.204 billion, reflecting retained earnings growth and share repurchases.

Looking ahead, Textron anticipates continued revenue growth driven by strong demand in its military and commercial segments, despite potential challenges from global economic conditions and trade policies. The company expects to recognize approximately 73% of its remaining performance obligations, valued at $16.9 billion, as revenue through 2026. Textron remains focused on managing costs and enhancing operational efficiencies to navigate the evolving market landscape.