Textron Stock Earnings Reports

Textron reported Q3 2025 revenue of $3.6 billion (up 5% YoY) and segment profit of $357 million (up 26% YoY). Adjusted EPS was $1.55 vs. $1.40 a year ago. Manufacturing cash flow before pension contributions improved to $281 million in the quarter. Key corporate items: Scott Donnelly announced an internal succession — Lisa Atherton will become President and CEO in January with Donnelly moving to Executive Chair. Management reiterated full-year adjusted EPS guidance of $6.00–$6.20 and maintained full-year manufacturing cash flow guidance of $900 million–$1.0 billion. Share repurchases continued (2.6M shares, $206M this quarter; $635M year-to-date). Segment highlights: Aviation revenue rose 10% to $1.5B (42 jets, 39 turboprops; backlog $7.7B) with multiple certifications (CJ3 Gen2, M2 Gen2 autothrottles) and Starlink STCs expanding connectivity across platforms; Bell revenue rose 10% to $1.0B driven by MV-75 military ramp (backlog $8.2B) though commercial deliveries fell; Textron Systems saw modest revenue growth and a ~$1B backlog increase on new awards (Ship-to-Shore, ATAC, land vehicles, XM204 deliveries); Industrial revenues fell primarily due to the Powersports divestiture. Management emphasized continued strong demand in business aviation, progress on MV-75 (prototype fabrication and flight testing underway), improving Systems bookings, ongoing supply‑chain hotspots but overall improvement, and that the MV-75 program is largely cost‑plus development with limited fixed‑price exposure and manageable concurrency risk.