TEXTRON INC
For the period ended Jun 28, 2025. Filed Jul 24, 2025.
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A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.
Jun 28, 2025 · Filed Jul 24, 2025
TXT$86.82+1.7%Stored close · as of Nov 10, 2026
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Consolidated Statements of Operations (Unaudited)
| Three Months Ended | Six Months Ended | |||
|---|---|---|---|---|
| (In millions, except per share amounts) | June 28,2025 | June 29,2024 | June 28,2025 | June 29,2024 |
| Revenues | ||||
| Manufacturing product revenues | $3,197 | $2,842 | $5,968 | $5,274 |
| Manufacturing service revenues | 504 | 673 | 1,023 | 1,361 |
| Finance revenues | 15 | 12 | 31 | 27 |
| Total revenues | 3,716 | 3,527 | 7,022 | 6,662 |
| Costs, expenses and other | ||||
| Cost of products sold | 2,630 | 2,281 | 4,907 | 4,206 |
| Cost of services sold | 377 | 553 | 772 | 1,098 |
| Research and development costs | 137 | 105 | 269 | 249 |
| Selling and administrative expense | 303 | 293 | 601 | 609 |
| Interest expense, net | 31 | 25 | 60 | 45 |
| Special charges | 4 | 13 | 4 | 27 |
| Non-service components of pension and postretirement income, net | (67) | (66) | (133) | (132) |
| Total costs, expenses and other | 3,415 | 3,204 | 6,480 | 6,102 |
| Income from continuing operations before income taxes | 301 | 323 | 542 | 560 |
| Income tax expense | 56 | 63 | 90 | 99 |
| Income from continuing operations | 245 | 260 | 452 | 461 |
| Loss from discontinued operations | — | (1) | — | (1) |
| Net income | $245 | $259 | $452 | $460 |
| Basic earnings per share | ||||
| Continuing operations | $1.36 | $1.37 | $2.49 | $2.41 |
| Diluted earnings per share | ||||
| Continuing operations | $1.35 | $1.35 | $2.48 | $2.38 |
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