Trending now
Tariffs Labor Costs Platform Consolidation AI Workforce Automation Data Center Load Interest Rates AI Capex IRA Incentives FDA Approval Pathway Autonomous Systems

Companies · TXT

TXT Reported this cycle

Textron

Providence, RI Defense & Aerospace

AI-generated · informational only · not investment advice · verify before relying.

Latest analysis

Updated Jul 28, 2026

Textron Q2 2026: Aviation demand softens, Bell production accelerates, Industrial segment sale initiated

Textron delivered 3% revenue growth to $3.8 billion in Q2 2026, with strong Bell military production offsetting aviation volume declines. Adjusted EPS rose 4.5% year-over-year to $1.62, but cash flow compressed 54% to $154 million before pension contributions, driven by inventory buildup across all manufacturing segments. The company initiated a sale process for its Industrial segment and reiterated full-year guidance of $6.40–$6.60 adjusted EPS, contingent on receipt of $150–$250 million in additional MV-75 Cheyenne program funding through an Above Threshold Reprogramming request.

Tone: cautious

Revenue

$14.8B

TXT 10-K · FY 2026

Employees

34,000

Revenue growth YoY

+8%

Headquarters

Providence, RI

Profile

TXT 10-K Item 1 · Feb 11, 2026

Textron Inc. is a multi-industry conglomerate operating across aircraft, defense, industrial and finance businesses. Its segments span general aviation (Cessna and Beechcraft), military and commercial helicopters (Bell), defense systems, automotive components (Kautex), and specialized vehicles. A captive finance subsidiary supports aircraft and helicopter sales.

Read filing description ↓

Textron Inc. is a multi-industry company that leverages its global network of aircraft, defense, industrial and finance businesses to provide customers with innovative products and services around the world. Through 2025, we conducted our business through six operating segments: Textron Aviation, Bell, Textron Systems, Industrial and Textron eAviation, which represent our manufacturing businesses, and Finance, which represents our captive finance business. Our segments include numerous separately incorporated subsidiaries. Effective January 4, 2026, the beginning of our 2026 fiscal year, the business activities of the Textron eAviation segment were realigned within Textron's other operating segments resulting in the elimination of the Textron eAviation segment as a separate reporting segment. Textron Aviation is a leader in general aviation, manufacturing and servicing Cessna and Beechcraft aircraft and the Hawker brand of business jets. Bell is a leading worldwide supplier of military and commercial helicopters, tiltrotor aircraft, and related spare parts and services. The Textron Systems segment develops, manufactures and integrates products and services for U.S. and international military, government and commercial customers. The Industrial segment includes Kautex, a leader in plastic fuel systems for automobiles, and Textron Specialized Vehicles, which manufactures golf cars, utility vehicles, and aviation ground support equipment under brands including E-Z-GO, Jacobsen and Cushman. The Finance segment provides financing primarily to purchasers of new and pre-owned Textron Aviation aircraft and Bell helicopters.

Primary products

  • Cessna Citation business jets
  • Beechcraft King Air turboprop aircraft
  • Cessna Caravan turboprop aircraft
  • Beechcraft T-6 trainer
  • AT-6 light attack military aircraft
  • Cessna piston engine aircraft

Business segments

Textron Aviation Bell Textron Systems Industrial Textron eAviation Finance

End markets

general aviation military and government commercial helicopter operators automotive OEMs golf courses and resorts government agencies and municipalities commercial and industrial users law enforcement and public safety emergency medical operators training schools and airlines

Geographies

United States Europe South and Latin America Other international

Named customers

U.S. Government U.S. Army U.S. Navy U.S. Marine Corps U.S. Air Force

During 2025, we derived approximately 27% of our revenues from sales to a variety of U.S. Government entities.

Named competitors

Airbus Leonardo Raytheon Lockheed Martin
“Textron Aviation is a leader in general aviation.” Competitive position, as stated in the filing

Revenue commentary · FY 2026

Revenues increased 8% in 2025 versus 2024, driven by higher Bell military program volume principally on the MV-75 and higher Textron Aviation aircraft and aftermarket revenues, partially offset by lower Industrial revenues.

The rest of TXT is for subscribers

Analysis, signals, diligence answers, M&A activity and every quote, each citing the filing it came from.

SeventhBiz analysis 6 signals 9 diligence answers SWOT