RTX Corp. Q1 Financial Overview

RTX Corp. has announced a 5% increase in first-quarter revenue, reaching $20.3 billion year-over-year. Despite this growth, the company faced a 10% drop in net income to $1.5 billion, with earnings per share (EPS) decreasing by 11% to $1.14.

Segment Performance

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

2025 Outlook

RTX has outlined its 2025 guidance, projecting adjusted sales between $83 billion and $84 billion. This includes an organic growth of 4% to 6% and an adjusted EPS of $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 $217 billion, with $125 billion in commercial and $92 billion in defense.