RTX stock soars after upbeat Q2 CY2026 beat and raise
RTX stock climbed after the aerospace and defense giant posted a strong Q2 CY2026 beat-and-raise, with sales of $24.71 billion and adjusted EPS of $1.89. Shares jumped about 5.2% to $204.90 right after the print as management lifted full-year guidance on demand for weapons and engine parts.
Key Takeaways
- RTX stock rose about 5.2% to $204.90 immediately after Q2 CY2026 results, according to Yahoo Finance.
- Revenue hit $24.71 billion, up 14.5% year on year and 7.8% above Wall Street estimates of $22.91 billion.
- Adjusted EPS of $1.89 beat consensus of $1.66 by 13.7%, while free cash flow swung to $2.88 billion.
- Full-year revenue guidance moved to a $95.5 billion midpoint, and adjusted EPS guidance rose to a $7.18 midpoint.
- Bloomberg reported RTX boosted its outlook on rising demand for weapons and engine parts; Barron's said the stock also faces Iran war headwinds.
For investors tracking portfolios and market-moving wealth stories, this earnings reaction lands squarely in the Net Worth & Wealth conversation: a mega-cap defense name delivering both a beat and a raise.
Why did RTX stock jump after Q2 CY2026 results?
According to Yahoo Finance, Raytheon Technologies (NYSE:RTX) blew past revenue expectations and cleared earnings estimates in the second quarter of calendar 2026.
Sales reached $24.71 billion versus analyst estimates of $22.91 billion. That marked 14.5% year-on-year growth and a 7.8% top-line beat.
Non-GAAP profit came in at $1.89 per share, 13.7% above the $1.66 consensus and up from $1.56 a year earlier. Operating margin expanded to 11.4% from 9.9% in the year-ago quarter.
Free cash flow was $2.88 billion, versus negative $72 million in the same quarter last year. Yahoo Finance put the company's market capitalization near $262.4 billion after the report.
What did RTX change in its full-year 2026 outlook?
Management lifted full-year revenue guidance to $95.5 billion at the midpoint from $93 billion, a 2.7% increase and about 1.5% above analysts' estimates at that midpoint, Yahoo Finance reported.
Full-year adjusted EPS guidance rose to $7.18 at the midpoint, a 5.5% increase. Bloomberg separately reported that RTX raised its sales and profit forecast as demand for its aerospace and defense products continues to grow, with adjusted earnings guided to $7.10 to $7.25 a share, up from a prior range of no more than $6.90.
Bloomberg framed the outlook boost as tied to rising demand for weapons and engine parts, reinforcing why the beat-and-raise mattered for RTX stock beyond a single quarter.
Are Iran war risks still a concern for RTX stock?
Barron's reported that RTX stock rose after the strong earnings print but still faces two Iran war headwinds. The outlet's framing is a reminder that geopolitical conflict can cut both ways for a company with both defense and commercial aerospace exposure.
Yahoo Finance still called the quarter a solid beat and raise, citing the large revenue surprise and guidance that topped Wall Street's full-year EPS estimates. Over the next 12 months, sell-side analysts expect full-year EPS to move from about $6.92 to $7.12, implying more modest growth after this strong first half print.
Bottom line: the immediate catalyst for RTX stock was clear numbers—sales, margins, cash flow, and higher guidance. Near-term trading may still wrestle with the Iran-related risks Barron's highlighted, even as Bloomberg points to sustained demand for weapons and engine parts supporting the raised outlook.