Textron Reports Second Quarter 2025 Results

Textron Inc., a multi-industry company known for its powerful brands such as Bell, Cessna, and Beechcraft, has released its second quarter 2025 results. The company reported a steady performance with notable revenue growth and strategic initiatives aimed at enhancing shareholder value.

Financial Highlights

For the second quarter of 2025, Textron reported earnings per share (EPS) from continuing operations of $1.35, consistent with the same period in 2024. Adjusted EPS, a non-GAAP measure, was $1.55, slightly up from $1.54 in the prior year. The company achieved revenues of $3.7 billion, marking a 5.4% increase compared to the previous year. Additionally, Textron returned $214 million to shareholders through share repurchases during the quarter.

Business and Operational Highlights

Textron Aviation saw revenues of $1.5 billion, up $42 million from the previous year, driven by higher aircraft and aftermarket parts sales. The segment delivered 49 jets, an increase from 42 jets in the second quarter of 2024, although commercial turboprop deliveries decreased to 34 from 44. Bell's revenues rose to $1.0 billion, primarily due to higher military revenues from the U.S. Army's MV-75 program and increased commercial revenues. Textron Systems and Industrial segments experienced mixed results, with Textron Systems' revenues slightly down but profit up, while Industrial revenues decreased due to the disposition of the Powersports business.

Strategic Initiatives and Corporate Developments

Textron raised its 2025 cash outlook to a range of $900 million to $1.0 billion, reflecting confidence in its operational performance and strategic initiatives. The company also highlighted the impact of recently enacted U.S. tax legislation on its updated outlook. Year to date, Textron has returned $429 million to shareholders through share repurchases, demonstrating its commitment to enhancing shareholder value.

Management's Perspective

Scott C. Donnelly, Textron's Chairman and CEO, commented on the company's performance, noting revenue growth in the commercial aircraft and helicopter businesses, as well as improvements in Textron Aviation's operations. Donnelly emphasized the favorable impact of manufacturing efficiencies and higher pricing, net of inflation, on the company's results.

Future Outlook

Textron reiterated its full-year 2025 GAAP earnings per share from continuing operations to be in the range of $5.19 to $5.39, or $6.00 to $6.20 on an adjusted basis. The company also expects manufacturing cash flow before pension contributions to be in the range of $900 million to $1.0 billion, up $100 million from the previous outlook.

SEC Filing: TEXTRON INC [ TXT ] - 8-K - Jul. 24, 2025