Reported results
- Q3 2026 reported sales of $25.0 billion, up 11 percent versus prior year; organic sales growth of 12 percent
- Q3 2026 GAAP EPS of $1.89, including $0.26 of acquisition accounting adjustments and $0.11 of restructuring and other net significant and/or non-recurring items
- Q3 2026 adjusted EPS of $2.26, up 33 percent versus prior year, including $0.25 from IEEPA cost recovery
- Q3 2026 free cash flow of $2.1 billion, compared to $4.025 billion in Q3 2025; operating cash flow of $2.9 billion, including approximately $0.3 billion from IEEPA recovery
- Company backlog of $340 billion, including $176 billion of commercial and $164 billion of defense
- Q3 2026 adjusted net income of $3.1 billion, up 34 percent versus prior year
Guidance
- 2026 adjusted sales of $97.0 - $97.5 billion, up from prior guidance of $95.0 - $96.0 billion
- 2026 organic sales growth of 10 to 11 percent, up from prior guidance of 8 to 9 percent
- 2026 adjusted EPS of $7.65 - $7.75, up from prior guidance of $7.10 - $7.25
- 2026 free cash flow of $9.0 - $9.2 billion, up from prior guidance of $8.50 - $8.75 billion
Notes
Q3 2026 reported sales and adjusted sales are both $24,965 million, reported as $25.0 billion. Nine-month 2026 results also presented. Company received Tomahawk and AMRAAM multi-year undefinitized production contracts in Q3 2026. Pratt & Whitney Q3 2026 includes $363 million charge related to customer bankruptcy. Collins Aerospace Q3 2025 reported operating profit included gain on sale of actuation and flight control business.
Price and volatility reaction
The stock moved +0.6% on the print. No front-expiry chain was on file, so there is no straddle expected move.
| Measure | Value | Basis |
|---|---|---|
| Close before release | 192.11 | 2026-10-19 |
| Close after release | 193.34 | 2026-10-20 |
| Realised move | +0.6% | close to close |
Source
The figures above come from the earnings release the company filed with the SEC on 2026-10-20 (8-K, Item 2.02). Read the original filing on sec.gov.
