Textron (TXT) 10-K Summaries & Annual Filing History
Review Textron Inc. (TXT) 10-K filings from 2023 through the latest annual report, including business, financial performance, risks, and liquidity.
Key takeaway
Year ended Jan 3, 2026 · FY2025 10-K
Textron Inc. operates through manufacturing and finance groups, focusing on aerospace, defense, industrial, and financial services. For the latest fiscal year, the company reported higher revenue compared to the prior year, along with net income and positive operating cash flow.
Financial snapshot
Selected annual figures reported with the filing, shown separately from the narrative summary.
Annual revenue
$14.8B
Revenue reported for the fiscal year.
Operating income
n/a
Income from operations reported for the year.
Net income
$921M
Net income reported for the year.
Operating cash flow
$1.3B
Cash generated by operating activities.
Annual revenue trend
Reported annual revenue and its change from the preceding fiscal year.
| Period ended | Revenue | Year-over-year change |
|---|---|---|
| Dec 31, 2022 | $12.9B | +3.9% |
| Dec 30, 2023 | $13.7B | +6.3% |
| Dec 28, 2024 | $13.7B | +0.1% |
| Jan 3, 2026 | $14.8B | +8.0% |
Business overview
The company's manufacturing group develops, produces, and delivers tangible products and services across segments including Textron Aviation, Bell, Textron Systems, Industrial, and Textron eAviation. The finance group, consisting of Textron Financial Corporation, provides financial services. This structure separates borrowing groups to enhance borrowing power.
Financial performance
Revenue increased compared to the prior year, continuing a multi-year upward trend. Net income was reported, and operating cash flow was generated. The company's financial results reflect its diversified industrial and financial operations.
Material risks
The filing includes a section on risk factors, but no specific risks are detailed in the provided context. General risks inherent to manufacturing and financial services operations are implied.
Liquidity and capital
The company manages liquidity through separate manufacturing and finance borrowing groups. The manufacturing group's net debt to capital ratio decreased from the prior year, while its debt to capital ratio remained consistent.
What to watch
Monitor the company's revenue trend in the next filing for any change in its growth trajectory.