Income StatementBalance SheetCash FlowSegments
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Raytheon Technologies Income Statement

Revenue, expenses, and profitability over time

Raytheon Technologies generated $90.4B in trailing twelve-month revenue, up 0.1% year-over-year. Net income was $7.3B with a 8.03% net margin. Diluted EPS is $5.33, which grew 0.6% year-over-year. Based on the Q1 2026 filing.

Total Revenue (TTM)$90.4BOperating Income (TTM)$9.8BNet Income (TTM)$7.3BEps Diluted (TTM)$5.33
Latest FilingQ1 2026
Report Date2026-04-21
Market Cap$238.38B
P/E Ratio32.85
ROE11.36%

Other Income & Expense

MetricQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Derivative Gain (Loss) Excluded from Effectiveness-$486.0M-$443.0M-$457.0M-$449.0M-$400.0M-$390.0M
Interest Income (Expense), Non-operating-$486.0M-$443.0M-$457.0M-$449.0M-$400.0M-$390.0M
Non-service pension and postretirement benefit expense-$384.0M-$366.0M-$351.0M-$364.0M-$101.0M-$355.0M
Interest Income (Expense), Nonoperating-$486.0M-$443.0M-$457.0M-$449.0M-$400.0M-$390.0M
Other income (expense), net-$102.0M-$77.0M-$106.0M-$85.0M-$299.0M-$35.0M
Non-operating Interest Income (Expense)-$486.0M-$443.0M-$457.0M-$449.0M-$400.0M-$390.0M

Operating Expenses

MetricQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Other Operating Expense, Net—$4.0M$40.0M$63.0M$306.0M$64.0M
Other operating income (expense), net—$4.0M$40.0M$63.0M$306.0M$64.0M
Research and development$808.0M$637.0M$697.0M$684.0M$789.0M$627.0M
Selling, general and administrative$1.6B$1.4B$1.6B$1.4B$1.6B$1.5B
Total operating expenses$19.8B$18.3B$19.5B$20.0B$21.9B$19.6B

Operating Income

MetricQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Other Operating Income—$4.0M$40.0M$63.0M$306.0M$64.0M
Other operating income (expense), net—$4.0M$40.0M$63.0M$306.0M$64.0M
Operating income$2.1B$2.0B$2.1B$2.5B$2.6B$2.6B

Earnings Per Share

MetricQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Basic earnings per share$1.11$1.15$1.24$1.43$1.21$1.53
Diluted earnings per share$1.10$1.14$1.22$1.41$1.19$1.51
Weighted-average shares, basic333M335.4M335.4M335.4M335.4M—
Weighted-average shares, diluted335.9M339.1M339.1M339.1M339.1M—

Income Before Tax

MetricQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Income before income taxes$2.0B$2.0B$2.0B$2.4B$2.3B$2.5B

Tax

MetricQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Income tax expense$449.0M$333.0M$315.0M$432.0M$584.0M$363.0M

Net Income

MetricQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Net income$1.5B$1.5B$1.7B$1.9B$1.6B$2.1B

Other

MetricQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Other income, net—$4.0M$40.0M$63.0M$306.0M$64.0M
Revenue From Contract With Customer Excluding Assessed Tax$21.6B$20.3B$21.6B$22.5B$24.2B$22.1B

Revenue

MetricQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Total revenue$21.6B$20.3B$21.6B$22.5B$24.2B$22.1B