What is Textron's income tax?

Textron (TXT) reported income tax of $56M in Q2 2026.

How has Textron's income tax changed year-over-year?

Textron's income tax decreased by 0.0% year-over-year, from $56M to $56M.

What is the long-term trend for Textron's income tax?

Over 4 years (2021 to 2025), Textron's income tax has grown at a 14.2% compound annual growth rate (CAGR), from $126M to $214M.

What does income tax mean?

Total income tax expense (current + deferred) recognized in the income statement, representing the company's total tax obligation on pre-tax income.

Textron TXT Income Tax

Income Tax at other companies

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$63M+23.5%

General DynamicsGD

$247M+13.3%

Lockheed MartinLMT

$342M+356%

Archer AviationACHR

$100K0.0%

TransDigm GroupTDG

$164M+14.7%

General ElectricGE

$407M+4.9%

Other financials

Income statement

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Revenue$3.8B+3.0%

Gross profit$504.0M—

Net income$248.0M+1.2%

EPS (diluted)$1.42+5.2%

Balance sheet

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Cash & equivalents$1.6B+12.0%

Total debt$433.0M-4.2%

Total equity$8.1B+8.4%

Total assets$18.1B+6.2%

Cash flow

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Operating cash flow$304.0M-21.4%

CapEx$95.0M+21.8%

Free cash flow-$250.0M-38.9%

Valuation

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Market cap$14.73B+5.9%

Enterprise value$13.56B+3.3%

P/E15.7×-1.0×

P/S1×0.0×

Profitability

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Gross margin16.2%—

Net margin6.1%+0.3pp

FCF margin5.7%+1.7pp

Returns & leverage

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Return on equity12.1%+0.7pp

Debt / equity0.1×0.0×

Where this comes from

Reported directly by Textron in its filing.

Tagged under the XBRL concept us-gaap:IncomeTaxExpenseBenefit.

The official record: Textron’s 10-Q, filed July 28, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Textron's income tax?: Textron (TXT) reported income tax of $56M in Q2 2026.
How has Textron's income tax changed year-over-year?: Textron's income tax decreased by 0.0% year-over-year, from $56M to $56M.
What is the long-term trend for Textron's income tax?: Over 4 years (2021 to 2025), Textron's income tax has grown at a 14.2% compound annual growth rate (CAGR), from $126M to $214M.
What does income tax mean?: Total income tax expense (current + deferred) recognized in the income statement, representing the company's total tax obligation on pre-tax income.