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Textron TXT Bell — Research and development costs

Other segment segments

Textron Aviation
$56M-6.7%
Industrial
$16M+14.3%
Textron Systems
$9M-10.0%
Finance
$0—

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$708K+189%
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$603M+12.9%
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MOG.BMilitary Aircraft — Research and Development Expense
$6.18M-11.1%
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GRMNAviation — Research And Development Expense
$89.46M+6.2%
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ULBICommunications Systems — Research And Development Expense
$739K-9.1%

Other financials

Income statement

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Revenue$3.7B+11.8%
Gross profit$504.0M—
Net income$220.0M+6.3%
EPS (diluted)$1.25+10.6%

Balance sheet

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Cash & equivalents$1.6B+29.3%
Total debt$437.0M-6.2%
Total equity$8.0B+10.0%
Total assets$18.1B+7.1%

Cash flow

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Operating cash flow-$117.0M+5.6%
CapEx$133.0M+138%
Free cash flow-$250.0M-38.9%

Valuation

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Market cap$15.76B+2.7%
Enterprise value$14.59B+0.1%
P/E16.9×-1.6×
P/S1×-0.1×

Profitability

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Gross margin16.2%—
Net margin6.1%+0.2pp
FCF margin5.7%+1.7pp

Returns & leverage

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Return on equity12.2%+0.5pp
Debt / equity0.1×0.0×

Where this comes from

Reported directly by Textron in its filing.

Tagged under the XBRL concept us-gaap:ResearchAndDevelopmentExpense.

The official record: Textron’s 10-Q, filed April 30, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Textron's bell — research and development costs?
Textron (TXT) reported bell — research and development costs of $37M in Q1 2026.
How has Textron's bell — research and development costs changed year-over-year?
Textron's bell — research and development costs decreased by 5.1% year-over-year, from $39M to $37M.
What is the long-term trend for Textron's bell — research and development costs?
Over 3 years (2022 to 2025), Textron's bell — research and development costs has grown at a -16.8% compound annual growth rate (CAGR), from $266M to $153M.
What does bell — research and development costs mean?
Expenditures related to the design, development, and testing of new aircraft technologies, prototypes, and system upgrades. These investments are critical for maintaining long-term competitiveness and securing future government or commercial contracts.