TEXTRON INC Revenue Disclosure
| (In millions) | 2025 | 2024 | 2023 | ||||||||
| Aircraft | $ | 3,922 | $ | 3,374 | $ | 3,577 | |||||
| Aftermarket parts and services | 2,033 | 1,910 | 1,796 | ||||||||
| Textron Aviation | $ | 5,955 | $ | 5,284 | $ | 5,373 | |||||
| Military aircraft and support programs | 2,618 | 2,048 | 1,701 | ||||||||
| Commercial helicopters, parts and services | 1,664 | 1,531 | 1,446 | ||||||||
| Bell | $ | 4,282 | $ | 3,579 | $ | 3,147 | |||||
| Textron Systems | $ | 1,247 | $ | 1,241 | $ | 1,235 | |||||
| Fuel systems and functional components | 1,883 | 1,891 | 1,954 | ||||||||
| Specialized vehicles | 1,330 | 1,624 | 1,887 | ||||||||
| Industrial | $ | 3,213 | $ | 3,515 | $ | 3,841 | |||||
| Textron eAviation | $ | 27 | $ | 33 | $ | 32 | |||||
| Finance | $ | 75 | $ | 50 | $ | 55 | |||||
| Total revenues | $ | 14,799 | $ | 13,702 | $ | 13,683 | |||||
| (In millions) | Textron Aviation | Bell | Textron Systems | Industrial | Textron eAviation | Finance | Total | ||||||||||||||||
| 2025 | |||||||||||||||||||||||
| Customer type: | |||||||||||||||||||||||
| Commercial | $ | 5,579 | $ | 1,634 | $ | 306 | $ | 3,185 | $ | 27 | $ | 75 | $ | 10,806 | |||||||||
| U.S. Government | 376 | 2,648 | 941 | 28 | — | — | 3,993 | ||||||||||||||||
| Total revenues | $ | 5,955 | $ | 4,282 | $ | 1,247 | $ | 3,213 | $ | 27 | $ | 75 | $ | 14,799 | |||||||||
| Geographic location: | |||||||||||||||||||||||
| United States | $ | 4,281 | $ | 3,156 | $ | 1,129 | $ | 1,668 | $ | 14 | $ | 35 | $ | 10,283 | |||||||||
| Europe | 467 | 122 | 43 | 649 | 7 | 1 | 1,289 | ||||||||||||||||
| South and Latin America | 628 | 281 | 7 | 336 | 2 | 26 | 1,280 | ||||||||||||||||
| Other international | 579 | 723 | 68 | 560 | 4 | 13 | 1,947 | ||||||||||||||||
| Total revenues | $ | 5,955 | $ | 4,282 | $ | 1,247 | $ | 3,213 | $ | 27 | $ | 75 | $ | 14,799 | |||||||||
| 2024 | |||||||||||||||||||||||
| Customer type: | |||||||||||||||||||||||
| Commercial | $ | 4,985 | $ | 1,490 | $ | 292 | $ | 3,482 | $ | 33 | $ | 50 | $ | 10,332 | |||||||||
| U.S. Government | 299 | 2,089 | 949 | 33 | — | — | 3,370 | ||||||||||||||||
| Total revenues | $ | 5,284 | $ | 3,579 | $ | 1,241 | $ | 3,515 | $ | 33 | $ | 50 | $ | 13,702 | |||||||||
| Geographic location: | |||||||||||||||||||||||
| United States | $ | 4,019 | $ | 2,644 | $ | 1,112 | $ | 1,865 | $ | 19 | $ | 17 | $ | 9,676 | |||||||||
| Europe | 371 | 85 | 45 | 693 | 11 | 5 | 1,210 | ||||||||||||||||
| South and Latin America | 336 | 201 | 12 | 306 | — | 19 | 874 | ||||||||||||||||
| Other international | 558 | 649 | 72 | 651 | 3 | 9 | 1,942 | ||||||||||||||||
| Total revenues | $ | 5,284 | $ | 3,579 | $ | 1,241 | $ | 3,515 | $ | 33 | $ | 50 | $ | 13,702 | |||||||||
| 2023 | |||||||||||||||||||||||
| Customer type: | |||||||||||||||||||||||
| Commercial | $ | 5,155 | $ | 1,407 | $ | 282 | $ | 3,819 | $ | 32 | $ | 55 | $ | 10,750 | |||||||||
| U.S. Government | 218 | 1,740 | 953 | 22 | — | — | 2,933 | ||||||||||||||||
| Total revenues | $ | 5,373 | $ | 3,147 | $ | 1,235 | $ | 3,841 | $ | 32 | $ | 55 | $ | 13,683 | |||||||||
| Geographic location: | |||||||||||||||||||||||
| United States | $ | 3,873 | $ | 2,228 | $ | 1,103 | $ | 2,067 | $ | 17 | $ | 17 | $ | 9,305 | |||||||||
| Europe | 432 | 149 | 54 | 766 | 11 | 2 | 1,414 | ||||||||||||||||
| South and Latin America | 284 | 224 | 12 | 300 | 1 | 21 | 842 | ||||||||||||||||
| Other international | 784 | 546 | 66 | 708 | 3 | 15 | 2,122 | ||||||||||||||||
| Total revenues | $ | 5,373 | $ | 3,147 | $ | 1,235 | $ | 3,841 | $ | 32 | $ | 55 | $ | 13,683 | |||||||||
Historical Timeline
| Fiscal Year | Filed | |
|---|---|---|
| 2026 | Feb 11, 2026 | Showing above |
| 2024 | Feb 6, 2025 | |
| 2023 | Feb 12, 2024 | |
| 2022 | Feb 17, 2022 | |
| 2021 | Feb 19, 2021 | |
| 2020 | Feb 25, 2020 | |
| 2018 | Feb 14, 2019 | |
About Revenue Disclosures
Revenue disclosures under ASC 606 explain how a company identifies performance obligations, allocates transaction prices, and determines when revenue is recognized. This section is essential for understanding whether reported revenue reflects genuine economic activity or aggressive accounting choices. Analysts examine the mix of point-in-time versus over-time recognition, which directly affects revenue timing and comparability.
Key signals: rising contract liabilities (deferred revenue) suggest strong future revenue visibility, while declining contract assets may indicate slowing project milestones. Watch for variable consideration estimates — rebates, returns, and performance bonuses that require management judgment. Significant changes in disaggregated revenue by geography or product line can reveal shifting business mix before it appears in headline numbers. Compare revenue growth against contract liability growth to assess sustainability, and scrutinize any changes in the timing of recognition that coincide with earnings pressure.