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Textron — Jan 28, 2026 release

Fiscal 2026 fourth-quarter results · 8-K Item 2.02 · Exhibit 99.1 · 0000217346-26-000002
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Planned pension contributions
“about $50 million”
Period
FY2026
Measure
Company-defined measure
Source
Prose
All guidance in this release · 10
Revenues for FY2026
“approximately $15.5 billion”
GAAP earnings per share from continuing oper… for FY2026
“$5.39 to $5.59”
Adjusted earnings per share for FY2026
“$6.40 to $6.60”
Net cash provided by operating activities of… for FY2026
“between $1.3 billion and $1.4 billion”
Planned pension contributions for FY2026
“about $50 million”
Adjusted income from continuing operations -… for FY2026
“$1,115 — $1,150”
Adjusted income from continuing operations -… for FY2026
“$6.40 — $6.60”
Net cash from operating activities - GAAP for FY2026
“$1,300 — $1,400”
Capital expenditures for FY2026
“(650)”
Manufacturing cash flow before pension contr… for FY2026
“$700 — $800”
Exhibit 99.1 · the passage around this item
… earlier in the release
The Company is estimating net cash provided by operating activities of the manufacturing group will be between $1.3 billion and $1.4 billion and manufacturing cash flow before pension contributions, a non-GAAP measure, will be between $700 million and $800 million, with planned pension contributions of about $50 million. This cash outlook reflects increased investments at Bell related to acceleration of the MV-75 program. "As we move into 2026, our momentum remains strong supported by significant bookings, healthy demand across our markets, continued program execution, and ongoing operational improvements," Atherton added. “We are well positioned to continue investing in our products and capabilities to drive growth and long-term value for our shareholders." Fourth Quarter Segment Results Textron Aviation Revenues at Textron Aviation of $1.7 billion were up $467 million, or 36%, from the fourth quarter of 2024, reflecting higher aircraft revenues of $400 million and higher aftermarket parts and services revenues of $67 million. The increase in aircraft revenues was primarily due to higher volume and mix largely reflecting higher Citation jet and commercial turboprop volume as we recovered from the strike in late 2024. Textron Aviation delivered 49 jets in the quarter, up from 32 last year, and 43 commercial turboprops, up from 38 last year. Segment profit was $208 million in the fourth quarter, up $108 million compared with the fourth quarter of 2024, largely due to higher volume and mix. Textron
later in the release …
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other guidance in this release
Text is the filed exhibit, verbatim.