Industrials
Aerospace & Defense
$156.73B
185K
Key insights and themes extracted from this filing
Total net sales increased to $20.089 billion, up from $13.464 billion in the same quarter last year, with product sales rising to $14.708 billion from $8.615 billion, indicating strong demand for RTX's offerings.
Operating profit improved to $2.028 billion from a loss of $1.396 billion year-over-year, despite a rise in total costs and expenses to $18.195 billion from $14.863 billion, suggesting improved operational efficiency or pricing power.
Net income attributable to common shareowners was $1.472 billion, a significant turnaround from a loss of $0.984 billion in the same quarter last year, indicating a substantial improvement in profitability.