RTX Corp. Q1 Financial Highlights

RTX Corp. has announced a notable 5% increase in its first-quarter revenue, reaching $20.3 billion compared to the previous year. Despite this growth, the company faced a 10% decline in net income, which settled at $1.5 billion, and an 11% drop in earnings per share (EPS) to $1.14.

Segment Performance

Collins Aerospace saw an 8% rise in sales to $7.2 billion, while Pratt & Whitney reported a 14% increase in revenue to $7.4 billion. Conversely, Raytheon experienced a 5% decrease in sales, totaling $6.3 billion.

2025 Outlook

Looking ahead, RTX has provided its 2025 guidance, projecting adjusted sales between $83 billion and $84 billion. This forecast includes an organic growth of 4% to 6% and an adjusted EPS ranging from $6.00 to $6.15.

Leadership Perspective

"The current environment is clearly very dynamic, but our company is well positioned to perform operationally and our teams remain focused on executing on our commitments and delivering our robust backlog," stated CEO Chris Calio. The company's backlog stands at an impressive $217 billion, comprising $125 billion in commercial and $92 billion in defense sectors.