RTX — Jan 27, 2026 release

Fourth quarter 2025 • Sales of $24.2 billion, up 12 percent versus prior year, and up 14 percent organically* • GAAP EPS of $1.19, including $0.31 of acquisition accounting adjustments, $0.02 of restructuring, and $0.03 of other net significant and/or no n-recurring items • Adjusted EPS* of $1.55 , up 1 percent versus prior year • Operating cash flow of $4.2 billion ; free cash flow* of $3.2 billion • Company backlog of $268 billion, including $161 billion of commercial and $107 billion of defense • Completed the divestiture of Collins’ Simmonds Precision Products business Full year 2025 • Sales of $88.6 billion, up 10 percent versus prior year, and up 11 percent organically* • GAAP EPS of $4.96 , including $1.15 of acquisition accounting adjustments, $0.14 of restructuring, and $0.04 of other net significant and/or no n-recurring items • Adjusted EPS* of $6.29 , up 10 percent versus prior year • Operating cash flow of $10.6 billion; free cash flow* of $7.9 billion, up $3.4 billion versus prior year Outlook for full year 2026 • Adjusted sales* of $92.0 to $93.0 billion • Organic sales growth* of 5 to 6 percent • Adjusted EPS* of $6.60 - $6.80 • Free cash flow* of $8.25 - $8.75 billion “ RTX delivered strong sales, adjusted EPS* and free cash flow* in 2025, enabled by our continued focus on operational performance and execution,” said RTX Chairman and CEO Chris Calio. “We enter 2026 with great momentum and are well positioned to deliver our 2026 financial outlook. We remain focused on investing in new capabilities, expanding production capacity, and executing on our backlog to meet the growing needs of our customers.” 1 *Adjusted net sales (also referred to as adjusted sales), organic sales, adjusted operating profit (loss) and margin percentage (ROS), segment operating profit (loss) and margin percentage (ROS), adjusted segment sales, adjusted segment operating profit (loss) and margin percentage (ROS), adjusted net income, adjusted earnings per share (“EPS”), adjusted effective tax rate, and free cash flow are non-GAAP financial measures. When we provide our expectation for adjusted net sales (also referred to as adjusted sales), adjusted EPS and free cash flow on a forward-looking basis, a reconciliation of these non-GAAP financial measures to