RTX Corporation (NYSE: RTX), a leading aerospace and defense conglomerate, reported higher sales and adjusted earnings for the first quarter of fiscal 2026. Earnings also beat Wall Street’s forecasts.
First-quarter sales increased 9% year-over-year to $22.1 billion on a reported basis, and grew 10% organically.
The strong top-line growth translated into a 21% increase in first-quarter adjusted earnings to $1.78 per share. Earnings topped expectations. On an unadjusted basis, including $0.27 of acquisition accounting adjustments, earnings were $1.51 per share in Q1.
“RTX delivered a very strong start to 2026 with organic sales and adjusted operating profit growth across all three segments, driven by our continued focus on execution and delivering our backlog,” said CEO Chris Calio.
For fiscal 2026, management now expects adjusted sales to be in the range of $92.5 billion to $93.5 billion. Full-year adjusted earnings are forecast to be between $6.70 per share and $6.90 per share. The guidance for FY26 organic sales growth is 5-6%.
The post Earnings: Highlights of RTX Corporation’s Q1 2026 report first appeared on Alphastreet.