Textron Inc. Reports Strong Third Quarter Results for 2025

Textron reported income from continuing operations of $1.31 per share for the third quarter of 2025, a notable increase from $1.18 per share reported in the same quarter of 2024. On an adjusted basis—which is a non-GAAP measure—Textron's income from continuing operations rose to $1.55 per share, up from $1.40 per share in the prior year. This marks a positive trend in profitability and demonstrates effective operational management.

Chairman and CEO Scott C. Donnelly noted, “Overall, third quarter revenue was up 5% for Textron with higher revenues at Aviation, Bell, and Textron Systems. Higher Aviation deliveries, acceleration of MV-75 at Bell, and solid performance at Systems all contributed to a strong quarter.”

Textron's manufacturing group reported net cash provided by operating activities of $348 million for the third quarter, significantly up from $208 million in the same period last year. Additionally, manufacturing cash flow before pension contributions, another non-GAAP measure, totaled $281 million, compared to $147 million in Q3 2024.

The company has been proactive in returning value to its shareholders, repurchasing $206 million in shares during the quarter and $635 million year-to-date. Such actions reflect Textron’s commitment to enhancing shareholder value amidst its growing financial performance.

Textron Aviation demonstrated robust performance, with revenues reaching $1.5 billion—an increase of 10% from the previous year. The segment benefited from a $116 million rise in aircraft revenues and a $22 million increase in aftermarket parts and services revenues. The growth in aircraft revenues was largely attributed to higher volumes of Citation jets and commercial turboprops.

The segment delivered 42 jets and 39 commercial turboprops during the quarter, up from 41 jets and 25 turboprops in Q3 2024. Segment profit rose to $179 million, a gain of $51 million year-over-year.

Bell reported revenues of $1.0 billion, also up 10% from the prior year, driven primarily by military revenues from the U.S. Army's MV-75 program. However, commercial revenues dipped by $31 million, resulting in a decrease in segment profit to $92 million, down $6 million from last year. Despite the decline in commercial helicopter deliveries, Bell’s backlog increased to $8.2 billion, reflecting strong future demand.

Textron Systems saw a modest revenue increase to $307 million, up $6 million from Q3 2024, with a segment profit of $52 million—an increase of $13 million. The growth was attributed to higher volumes in the Ship-to-Shore Connector program. The backlog in this segment also saw a significant increase of $980 million, totaling $3.2 billion.

The Industrial segment reported revenues of $761 million, down $79 million year-over-year, primarily due to the divestiture of the Powersports business. Segment profit remained relatively stable at $31 million. In contrast, Textron eAviation revenues slightly decreased to $5 million, with a segment loss of $15 million, though this was an improvement over the $18 million loss from the previous year.

The Finance segment experienced a surge in revenues, reaching $26 million with a profit of $18 million—up from $12 million and $5 million respectively in the prior year. This growth was attributed to gains from the disposition of non-captive assets.

Looking ahead, Textron has reaffirmed its full-year 2025 GAAP earnings per share from continuing operations guidance, projecting a range of $5.19 to $5.39. On an adjusted basis, the company expects earnings to fall between $6.00 and $6.20. Furthermore, Textron anticipates manufacturing cash flow before pension contributions to be in the range of $900 million to $1.0 billion.

Textron Inc.'s third quarter results for 2025 highlight the company’s resilience and strategic positioning across its diverse business segments. With robust earnings growth, strong cash flow, and a commitment to returning value to shareholders, Textron is well-positioned to navigate the challenges ahead and capitalize on emerging opportunities in the aviation and defense sectors. As the company prepares for its conference call to discuss these results further, investors will be keenly attentive to any insights regarding future growth strategies and market developments.