RTX (NYSE:RTX) Beats Q1 2026 Estimates, Raises Full-Year Guidance on Defense Strength

Recent Developments

RTX Corporation (NYSE: RTX) reported first-quarter 2026 results on April 21, 2026, beating Wall Street expectations on both the top and bottom lines. Revenue came in at $22.08 billion, representing an 8.7% increase year-on-year, according to data cited by Yahoo Finance. The company's non-GAAP earnings per share of $1.78 exceeded analysts' consensus estimates by 16.9%.

Following the results, RTX raised its full-year revenue guidance to approximately $93 billion at the midpoint, though that figure came in roughly 0.5% below some analyst estimates, per Yahoo Finance. The company attributed the improved outlook to strength in both its defense business and commercial aerospace segment, according to reporting by Finnhub.

Shares rose more than 3% on the day of the earnings release, reflecting the market's positive reception to the results and the upward revision to guidance.

Financial Snapshot

RTX shares are currently trading at $194.53, down $1.26, or 0.64%, on the day. The previous close was $195.79. Over the past 52 weeks, the stock has traded in a range of $112.63 to $214.50, placing the current price roughly in the upper half of that range but well below the 52-week high.

Key Q1 2026 financial metrics:

• Revenue: $22.08 billion (up 8.7% year-on-year)
• Non-GAAP EPS: $1.78 (16.9% above consensus)
• Full-year revenue guidance midpoint: $93 billion

Wall Street View

Analyst sentiment toward RTX remains broadly positive. As of April 1, 2026, the consensus breakdown shows 6 Strong Buy ratings, 11 Buy ratings, 10 Hold ratings, 2 Sell ratings, and 1 Strong Sell, according to available recommendation data. This compares to the prior period (March 1, 2026), which showed 6 Strong Buy, 11 Buy, and 9 Hold ratings — indicating a modest shift toward Hold from the prior period. Price target data is not currently available.

Key Takeaways

• RTX reported Q1 2026 revenue of $22.08 billion, up 8.7% year-on-year, beating Wall Street's sales expectations.
• Non-GAAP EPS of $1.78 came in 16.9% above the analyst consensus estimate.
• The company raised its full-year revenue guidance to a midpoint of $93 billion, citing defense business strength and solid commercial aerospace demand.
• The current share price of $194.53 sits well within the 52-week range of $112.63–$214.50, while analyst consensus leans toward Buy with 17 Buy or Strong Buy ratings out of 30 total.