RTX Corporation Income Statement

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Revenue	88,603	80,738	68,920	67,074	64,388
Revenue Growth (YoY)	9.74%	17.15%	2.75%	4.17%	13.79%
Cost of Revenue	70,814	65,328	56,831	53,406	51,897
Gross Profit	17,789	15,410	12,089	13,668	12,491
Selling, General & Admin	6,095	5,806	5,809	5,573	5,046
Research & Development	2,807	2,934	2,805	2,711	2,732
Other Operating Expenses	-413	132	-86	-120	-423
Operating Income	9,300	6,538	3,561	5,504	5,136
Interest Expense	-1,749	-1,862	-1,505	-1,276	-1,322
Other Non-Operating Income (Expense)	1,182	1,518	1,780	1,889	1,295
Total Non-Operating Income (Expense)	-567	-344	275	613	-27
Pretax Income	8,733	6,194	3,836	6,117	5,109
Provision for Income Taxes	1,664	1,181	456	790	964
Net Income	6,732	4,774	3,195	5,197	3,864
Minority Interest in Earnings	337	239	185	111	248
Earnings From Discontinued Operations	-	-	-	-19	-33
Net Income to Common	6,732	4,774	3,195	5,197	3,864
Net Income Growth	41.01%	49.42%	-38.52%	34.50%	-
Shares Outstanding (Basic)	1,341	1,332	1,426	1,476	1,502
Shares Outstanding (Diluted)	1,356	1,344	1,435	1,486	1,509
Shares Change (YoY)	0.95%	-6.40%	-3.40%	-1.50%	11.10%
EPS (Basic)	5.02	3.58	2.24	3.52	2.57
EPS (Diluted)	4.96	3.55	2.23	3.50	2.56
EPS Growth	39.72%	59.19%	-36.29%	36.72%	-
Free Cash Flow	7,940	4,534	5,468	4,880	5,008
Free Cash Flow Growth	75.12%	-17.08%	12.05%	-2.56%	97.24%
Free Cash Flow Per Share	5.85	3.37	3.81	3.28	3.32
Dividends Per Share	2.670	2.480	2.320	2.160	2.005
Dividend Growth	7.66%	6.90%	7.41%	7.73%	-7.18%
Gross Margin	20.08%	19.09%	17.54%	20.38%	19.40%
Operating Margin	10.50%	8.10%	5.17%	8.21%	7.98%
Profit Margin	7.98%	6.21%	4.90%	7.94%	6.44%
FCF Margin	8.96%	5.62%	7.93%	7.28%	7.78%
EBITDA	13,678	10,902	7,772	9,612	9,693
EBITDA Margin	15.44%	13.50%	11.28%	14.33%	15.05%
EBIT	9,300	6,538	3,561	5,504	5,136
EBIT Margin	10.50%	8.10%	5.17%	8.21%	7.98%
Effective Tax Rate	19.05%	19.07%	11.89%	12.91%	18.87%

Updated Dec 31, 2025. Data Source: Fiscal.ai. Standard template. Financial Sources.