Textron Inc. (NYSE:TXT) reported fourth-quarter 2025 results that broadly matched market expectations, with revenue coming in slightly ahead of forecasts as operations rebounded from a labor strike a year earlier. However, the aerospace and defense group’s outlook for 2026 fell short of analyst estimates, sending shares down 1.8% on Wednesday.
The company posted adjusted earnings of $1.73 per share on revenue of $4.2 billion, in line with consensus earnings estimates and above revenue expectations of $4.1 billion. Sales rose 16% year on year in the quarter, while full-year revenue increased 8% to $14.8 billion.
Performance was led by Textron Aviation, where revenue surged 36% to $1.7 billion as the division delivered 49 jets, up from 32 in the prior-year period, reflecting a recovery from the late-2024 strike. Bell’s helicopter business also contributed, with revenue climbing 11% to $1.3 billion, supported by higher military sales linked to the U.S. Army’s MV-75 program.
“2025 was a significant year of accomplishments as Textron delivered strong revenue and profit growth,” said Textron CEO Lisa M. Atherton. “Aviation completed three certification programs while significantly growing revenue as it recovered from the strike in 2024.”
Looking ahead, Textron forecast adjusted earnings of $6.40 to $6.60 per share for fiscal 2026 on revenue of about $15.5 billion. The profit outlook came in below the $6.84 per-share consensus estimate. Manufacturing cash flow before pension contributions is expected to range between $700 million and $800 million.
Management said the outlook reflects higher investment at Bell as it accelerates work on the MV-75 program, which has continued to show strong momentum, with military revenues rising 20% for a second consecutive year.