Textron Financial Statements
NYSE: TXTIndustrialsAerospaceUSD
At close: Oct 9, 4:00 PM ET · Delayed 15 min
Textron revenue and earnings
In fiscal 2025, Textron generated $14.80 billion in revenue, up 8.0% from fiscal 2024, its 5th consecutive year of revenue growth. Net income was $921.0 million (+11.8% year over year), for a net margin of 6.2% versus a median of 6.0% in the prior 5 years. Diluted earnings per share came in at $5.11, up from $4.33.
Over the last 5 fiscal years, TXT's revenue has grown at a 4.9% compound annual rate.
Summary generated from market data by MetaCap's automated system. Methodology
Textron income statement (annual)
| Fiscal year (USD) | FY 20252026-01-03 | FY 20242024-12-28 | FY 20232023-12-30 | FY 20222022-12-31 | FY 20212022-01-01 | FY 20202021-01-02 | FY 20192020-01-04 | FY 20182018-12-29 | FY 20172017-12-30 | FY 20162016-12-31 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 14.80B | 13.70B | 13.68B | 12.87B | 12.38B | 11.65B | 13.63B | 13.97B | 14.20B | 13.79B |
| Revenue growth (YoY) | +8.01% | +0.14% | +6.33% | +3.93% | +6.27% | -14.52% | -2.45% | -1.59% | +2.97% | +2.72% |
| Cost of Revenue | — | — | — | — | — | 10.09B | 11.41B | 11.59B | 11.83B | 11.34B |
| Gross Profit | — | — | — | — | — | 1.56B | 2.22B | 2.38B | 2.37B | 2.45B |
| Research & Development | 521.00M | 491.00M | 570.00M | 601.00M | 619.00M | 549.00M | 647.00M | 643.00M | 634.00M | 677.00M |
| Selling, General & Admin | 1.17B | 1.16B | 1.23B | 1.19B | 1.22B | 1.04B | 1.15B | 1.27B | 1.33B | 1.32B |
| Interest Expense | — | — | — | — | 142.00M | 166.00M | 171.00M | 166.00M | 174.00M | 174.00M |
| Pretax Income | 1.14B | 943.00M | 1.09B | 1.02B | 873.00M | 282.00M | 942.00M | 1.38B | 762.00M | 876.00M |
| Income Tax | 214.00M | 118.00M | 165.00M | 154.00M | 126.00M | -27.00M | 127.00M | 162.00M | 456.00M | 33.00M |
| Net Income | 921.00M | 824.00M | 921.00M | 861.00M | 746.00M | 309.00M | 815.00M | 1.22B | 307.00M | 962.00M |
| Net Income growth (YoY) | +11.77% | -10.53% | +6.97% | +15.42% | +141.42% | -62.09% | -33.31% | +298.05% | -68.09% | +38.02% |
| EPS (Basic) | 5.15 | 4.38 | 4.61 | 4.05 | 3.33 | 1.35 | 3.52 | 4.88 | 1.15 | 3.55 |
| EPS (Diluted) | 5.11 | 4.33 | 4.56 | 4.01 | 3.30 | 1.35 | 3.50 | 4.83 | 1.14 | 3.53 |
| Shares Outstanding (Basic) | 178.90M | 188.32M | 199.72M | 212.81M | 224.11M | 228.54M | 231.31M | 250.20M | 266.38M | 270.77M |
| Shares Outstanding (Diluted) | 180.26M | 190.31M | 201.77M | 214.97M | 226.52M | 228.98M | 232.71M | 253.24M | 268.75M | 272.37M |
| Gross Margin | — | — | — | — | — | 13.36% | 16.32% | 17.02% | 16.70% | 17.78% |
| Net Margin | 6.22% | 6.01% | 6.73% | 6.69% | 6.02% | 2.65% | 5.98% | 8.75% | 2.16% | 6.98% |
This table shows 10 annual periods of Textron's income statement, from FY 2025 back to FY 2016, across 15 line items including revenue, cost of revenue, gross profit. Values in USD; B = billions, M = millions. Fiscal periods follow TXT's reporting calendar. What is a income statement?