RTX (RTX) Revenue — Quarter Ended Jun 30, 2024
Revenue increased in the current quarter compared to both the prior quarter and the same quarter last year. The sequential gain was modest, while the year-over-year rise was more pronounced.
Key takeaway
Quarter ended Jun 30, 2024 · FY2024 Q2
Revenue increased in the current quarter compared to both the prior quarter and the same quarter last year. The sequential gain was modest, while the year-over-year rise was more pronounced.
Financial snapshot
Reported revenue, sequential change, year-over-year change, and trailing four-quarter revenue.
Quarter revenue
$19.7B
Revenue reported for this quarter.
Quarter-over-quarter
+2.2%
Change from the immediately preceding quarter.
Year-over-year
+7.7%
Change from the comparable year-ago quarter.
Trailing four quarters
$72.4B
Sum of the latest four reported quarters.
Quarterly revenue trend
The latest four reported quarters with year-over-year comparisons.
| Period ended | Revenue | Year-over-year change |
|---|---|---|
| Sep 30, 2023 | $13.5B | -20.6% |
| Dec 31, 2023 | $19.9B | +10.1% |
| Mar 31, 2024 | $19.3B | +12.1% |
| Jun 30, 2024 | $19.7B | +7.7% |
Revenue performance
The reported revenue direction was upward, driven by higher product and service sales. The company's filing context notes a streamlined business structure effective from the prior year, but no causal link to revenue is asserted.
Quarterly comparison
Compared with the immediately preceding quarter, revenue rose slightly. Versus the same quarter one year earlier, revenue showed a stronger increase, reflecting a larger base of comparison.
What to watch
Monitor whether the modest sequential growth rate persists or accelerates in upcoming quarters.