RTX Corp. Announces Q1 Financial Results

RTX Corp. revealed its first-quarter financial performance on Tuesday, showcasing a 5% year-over-year increase in revenue, reaching $20.3 billion. Despite this growth, the company experienced 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 Highlights

Collins Aerospace saw an 8% rise in sales to $7.2 billion, while Pratt & Whitney's revenue surged by 14% to $7.4 billion. Conversely, Raytheon's sales decreased by 5%, amounting to $6.3 billion.

2025 Guidance and Backlog

RTX has set its 2025 guidance with adjusted sales projected between $83 billion and $84 billion, including an organic growth of 4% to 6% and an adjusted EPS ranging from $6.00 to $6.15. CEO Chris Calio emphasized the company's strong operational positioning and focus on executing commitments, supported by a robust backlog of $217 billion, split between $125 billion in commercial and $92 billion in defense sectors.