Textron Inc

Company facts

Industry

Aircraft & Parts

Headquarters

Providence, Rhode Island

Most recent report

10-Q, filed Jul 28, 2026

Incorporated

Delaware

Filings on record

1,001+ filings

On EDGAR

CIK 217346

Fiscal year ends

January

Filer status

Large accelerated filer

What to read: Jul 2026 10-Q

SECSift found 3 of 10 sections worth reading, with 0 positive, 5 notable, and 4 negative flags.

• Financial Statements (Item 1)

  MV-75 funding risk, cash flow decline, Industrial spin-off, and receivable quality all material this Q.
  Notable

  • Industrial segment separation announced April 30, 2026; could be sale or spin-off within 12-18 months.
  Negative

  • Bell may incur up to $120M cumulative catch-up loss and $350M cash hit if MV-75 funding not approved by Congress.

• Management's Discussion (Item 2)

  Major quantified MV-75 funding risk, tariff refund updates, segment profit declines, and cash flow drop.
  Notable

  • Textron submitted refund requests after IEEPA tariffs ruled unauthorized; received some refunds in Q2.
  • Industrial segment profit grew 18% in H1, helped by $21M in recovered tariff payments in Q2.
  • Capital expenditures rose 70% to $228M in H1 2026 from $134M, investing in capacity.
  Negative

  • Citation jet deliveries fell 18% in Q2 2026 to 40 from 49; turboprop deliveries rose to 44.
  • Bell segment profit fell 14% in H1 2026, margin dropped 160 basis points to 6.9%.
  • Manufacturing operating cash flow fell 54% to $128M in H1 2026 vs $281M, driven by working capital.

• Risk Factors (Item 1A)

  MV-75 funding exhausted post-Q2; new tariff risk from USMCA non-renewal.
  Notable

  • New risk factor: USMCA not renewed; now subject to annual review and potential withdrawal with 6 months notice, affecting tariff preferences.

What changed: Jul 2026 vs. Apr 2026

About 15% of TXT's Jul 2026 10-Q is new information. 34 paragraphs were added, 113 changed, and 44 removed. Below are the most important lines SECSift identified.

• Item 2 64
• Item 1 30
• Item 1A 7
• Item 4 2
• Item 6 2
• Item 3 1
• Item 5 1