Citable filing context
TXT's research view summarizes recent SEC filing context, starting with earnings from Jul 28, 2026.
| Filed | Item | Context |
|---|---|---|
| Jul 28, 2026 | earnings | Textron reported second quarter 2026 earnings of $1.42 per share on revenues of $3.8 billion. |
| May 1, 2026 | other | Textron Inc. reported the voting results from its 2026 Annual Meeting of Shareholders held on April 29, 2026. |
| Apr 30, 2026 | divestiture | Textron announced its intent to separate its Industrial segment, including Kautex and Textron Specialized Vehicles. |
| Jul 28, 2026 | Guidance: adjusted_eps | 6.40 to 6.60 |
| Jul 28, 2026 | Guidance: gaap_eps | 5.39 to 5.59 |
| Jul 28, 2026 | Guidance: manufacturing_cash_flow_before_pension_contributions | 700.00 to 800.00 |
| Jul 28, 2026 | mda_quarterly | Textron reported a 3% revenue increase for the second quarter of 2026, reaching $3.8 billion, driven by growth across its Bell, Textron Systems, and Aviation segments. Despite higher revenues, manufacturing gross margins contracted by 100 basis points, primarily due to lower margins at Bell and inflationary pressures. The company’s net income for the quarter was $248 million, compared to $245 million in the prior-year period. A critical risk factor involves the MV-75 program at the Bell segment. Following the exhaustion of fiscal 2026 funding in mid-July, Bell is continuing work at its own risk while awaiting Congressional approval for a $350 million Above Threshold Reprogramming (ATR) request. If this funding is not secured, Textron faces potential unreimbursed costs of up to $120 million. Furthermore, the company anticipates recording an unfavorable cumulative catch-up adjustment of $60 million to $110 million upon the award of the Low-Rate Initial Production phase of the contract. Strategically, Textron is pursuing the separation of its Industrial segment, targeting completion within 12 to 18 months. Additionally, the company has begun receiving refunds for previously paid tariffs following a Supreme Court ruling regarding the International Emergency Economic Powers Act, which provided a $21 million benefit in the second quarter. |
| Apr 30, 2026 | mda_quarterly | Textron reported first-quarter 2026 revenues of $3.695 billion, a 12% increase year-over-year, driven primarily by Textron Aviation and Bell’s military programs. Textron Aviation saw a 22% revenue increase fueled by higher Citation jet and commercial turboprop volumes. While Bell’s military revenues grew due to the MV-75 program, its segment profit declined 20% because of lower commercial helicopter volume and an unfavorable military program mix. Textron Systems revenue rose 13%, supported by the Ship-to-Shore Connector and ATAC services. Strategically, the company realigned Textron eAviation into its Aviation and Systems segments and announced plans to separate its Industrial segment via sale or spin-off within 12 to 18 months. A significant financial risk is tied to the MV-75 program; Textron expects an unfavorable cumulative catch-up adjustment of $60 million to $110 million upon the award of the Low-Rate Initial Production phase. Furthermore, Bell faces potential stop-work orders if the U.S. Government does not approve $350 million in additional FY2026 funding. Total backlog stands at $19.2 billion. The company continues to navigate inflationary pressures on cost of sales and volatility stemming from U.S. trade tariffs and the IEEPA ruling. |
Source: SEC EDGAR filing text and events; period Jul 28, 2026; filed Jul 28, 2026.
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