Textron earnings date and guidance
MyStockButler's October 2026 analysis: Textron's next results are expected on January 27, 2027. Watch whether Aviation converts backlog into deliveries and cash.
What has Textron guided for 2026?
Management promises approximately $15.5 billion of 2026 revenue and GAAP EPS of $5.64–$5.74. Adjusted EPS is guided to $6.55–$6.65, with manufacturing cash flow before pension contributions of $800–$900 million. It kept three of five promise categories overall. Adjusted EPS beat two annual forecasts and landed within one. Cash beat three, while revenue beat one and fell below four.
| Period covered | Low | High | Date given | |
|---|---|---|---|---|
| Revenues (approximately) | Fiscal 2026 | 15,500 | 15,500 | Jan 28, 2026 |
| Income from continuing operations - GAAP | Fiscal 2026 | 985 | 1,000 | Oct 29, 2026 |
| Diluted EPS, income from continuing operations - GAAP | Fiscal 2026 | 5.64 | 5.74 | Oct 29, 2026 |
| Adjusted diluted earnings per share - Non-GAAP | Fiscal 2026 | 6.55 | 6.65 | Oct 29, 2026 |
| Manufacturing cash flow before pension contributions - Non-GAAP | Fiscal 2026 | 800 | 900 | Oct 29, 2026 |
What this means. The adjusted figures leave out certain costs, so they can look higher than the company's standard accounting results.
Did Textron keep its promises?
| What management forecast | Checked | Above | Within | Below |
|---|---|---|---|---|
| Adjusted earnings per share from continuing operations | 4 years | 2 | 1 | 1 |
| Manufacturing cash flow before pension contributions | 5 years | 3 | 1 | 1 |
| Revenues | 5 years | 1 | 0 | 4 |
What has Textron's revenue and profit trend been?
Manufacturing cash flow was $512 million, and cash flow before pension contributions was $418 million. But the first nine months’ comparable cash measure was $344 million, down from $459 million, so one strong quarter has not proved a sustained change. A $21 million tariff refund belonged to the second quarter, not the third. The quarter therefore adds evidence of recovery while preserving the need to watch cash conversion.
| Oct 2026 | Jul 2026 | Apr 2026 | Jan 2026 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | 3,751 | 3,827 | 3,695 | 4,175 | 3,602 | 3,716 | 3,306 | 3,613 |
| Net income | 270 | 248 | 220 | 235 | 234 | 245 | 207 | 141 |
| EPS, diluted, from continuing operations | 1.56 | 1.42 | 1.25 | 1.33 | 1.31 | 1.35 | 1.13 | 0.76 |
| Book value per share | 47.90 | 46.84 | 46.03 | 45.18 | 42.54 | 41.72 | 40.29 | 39.37 |
What this means. These are quarterly figures, not yearly figures, and the January 2026 quarter covered fourteen weeks instead of the usual thirteen.
What should I watch in Textron's next results?
Aviation’s backlog was about $8.0 billion at October 3, 2026. Investors should compare new orders, cancellations, delivery slots and lead times with actual deliveries. If inventory rises while deliveries stall, an aircraft may be waiting for one missing engine or structural part rather than generating cash.
The U.S. government was operating under a temporary spending measure through December 11, 2026. The timing of the full fiscal 2027 defense appropriation and the MV-75 production option matters because Textron expects an unfavorable $110–$150 million accounting adjustment if that option is awarded in 2027.