Textron Reports Strong Q4 Earnings, Provides 2026 Guidance

Aerospace and defense conglomerate sees revenue and profit growth in 2025, forecasts further gains in 2026.

Jan. 31, 2026 at 7:55am

Textron (NYSE:TXT) closed out 2025 with fourth-quarter revenue up 16% to $4.2 billion and segment profit up 34% to $380 million, driving adjusted earnings from continuing operations of $1.73 per share. For the full year, Textron reported revenue of $14.8 billion, up 8%, and segment profit of $1.4 billion, up 14%, with adjusted EPS of $6.10. The company is projecting revenue of about $15.5 billion and adjusted EPS of $6.40 to $6.60 for 2026.

Why it matters

Textron's strong financial performance in 2025 and optimistic outlook for 2026 reflect the company's diversified portfolio of aerospace, defense, and industrial businesses, which have weathered supply chain challenges and other macroeconomic headwinds. The results also highlight the recovery in the aviation sector, particularly in business jet and turboprop sales, as well as continued demand for Textron's military and industrial products.

The details

Textron Aviation posted fourth-quarter revenue of $1.7 billion, up 36% year over year, with segment profit of $208 million, up $108 million. For the full year, Aviation revenue rose 13% to $6.0 billion and segment profit increased 23% to $694 million. Bell posted fourth-quarter revenue of $1.3 billion, up 11%, driven by higher military revenue tied primarily to the MV-75 program, partially offset by lower commercial revenue. For the full year, Bell revenue rose 20% to $4.3 billion, while segment profit declined $7 million to $363 million. Textron Systems reported fourth-quarter revenue of $323 million, up 4%, and segment profit of $43 million, up $1 million. Industrial revenue was $821 million in the quarter, down $48 million, reflecting a $72 million impact from the divestiture of the powersports business.

  • Textron reported its fourth-quarter and full-year 2025 results on January 31, 2026.
  • For 2026, Textron is projecting revenue of about $15.5 billion and adjusted EPS of $6.40 to $6.60.

The players

Textron Inc.

A global, multi-industry manufacturing company headquartered in Providence, Rhode Island, that designs, manufactures and services a diverse range of products for the aerospace, defense and industrial markets.

Textron Aviation

A Textron business segment known for its Cessna and Beechcraft branded business jets and turboprop aircraft, offering models that range from light jets and turboprops to larger cabin aircraft designed for corporate and charter use.

Bell

A Textron business segment that produces military and commercial helicopters, including the MV-75 program for the U.S. military.

Textron Systems

A Textron business segment that provides a range of products and services for the aerospace, defense, and industrial markets, including the Ship-to-Shore Connector program and airborne standoff jamming services for the U.S. Navy and U.S. Marine Corps.

Industrial

A Textron business segment that includes the Kautex brand and previously included the divested powersports business.

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What they’re saying

“For 2026, Textron is projecting revenue of about $15.5 billion, up about 4.5% from 2025, and adjusted EPS of $6.40 to $6.60.”

— Textron Executives

“Bell is poised to begin testing the first unit later in 2026, deliver engineering and manufacturing development (EMD) articles through 2027, and transition into LRIP deliveries in 2028.”

— Textron Executives

What’s next

Textron expects the MV-75 LRIP phase contract option could be awarded in late 2026 or early 2027, and upon award the company expects to record an unfavorable cumulative catch-up program adjustment of $60 million to $110 million.

The takeaway

Textron's strong financial performance in 2025 and optimistic outlook for 2026 demonstrate the company's ability to navigate supply chain challenges and capitalize on recovery in the aerospace and defense sectors, while also highlighting the benefits of its diversified business model across aviation, helicopters, defense systems, and industrial products.