Textron Inc

Quantli Newsdesk

· 4 months ago

Textron delivered strong Q1 results with revenue up 12% to $3.7 billion and adjusted earnings per share up 13% to $1.45, beating analyst expectations. Alongside the earnings beat, management announced plans to separate the Industrial segment (Kautex and Specialized Vehicles) through either a sale or tax-free spin-off within 12–18 months, creating a pure-play aerospace and defense company with higher growth and margins.

Quantli Newsdesk

· 4 months ago

Textron delivered a strong Q1 2026, beating analyst expectations with revenue up 12% to $3.7 billion and adjusted EPS up 13% to $1.45. The company announced it will separate its $3 billion Industrial segment (Kautex and E-Z-Go) within 12–18 months through either a sale or spin-off, creating a pure-play aerospace and defense company with $12 billion in annual revenue, higher margins, and a $19.2 billion backlog.

10-K

Quantli Newsdesk

· 4 months ago

Textron delivered 8% revenue growth to $14.8 billion in 2025, driven by higher MV-75 program volume at Bell and Textron Aviation's recovery from the 2024 strike. Segment profit increased 14%, though Bell's margin compressed due to lower-margin development work.