Textron (TXT) Revenue — Quarter Ended Jul 1, 2023
Revenue increased in the reporting quarter. The growth was also evident when compared to the same period a year earlier.
Key takeaway
Quarter ended Jul 1, 2023 · FY2023 Q2
Revenue increased in the reporting quarter. The growth was also evident when compared to the same period a year earlier.
Financial snapshot
Reported revenue, sequential change, year-over-year change, and trailing four-quarter revenue.
Quarter revenue
$3.4B
Revenue reported for this quarter.
Quarter-over-quarter
+13.2%
Change from the immediately preceding quarter.
Year-over-year
+8.6%
Change from the comparable year-ago quarter.
Trailing four quarters
$13.2B
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 |
|---|---|---|
| Oct 1, 2022 | $3.1B | +2.9% |
| Dec 31, 2022 | $3.6B | +9.5% |
| Apr 1, 2023 | $3B | +0.8% |
| Jul 1, 2023 | $3.4B | +8.6% |
Revenue performance
Revenue rose during the quarter, reflecting a positive trajectory.
Quarterly comparison
Revenue increased from the immediately preceding quarter and also from the same quarter one year earlier.
What to watch
The filing notes risk factors such as potential U.S. government funding interruptions and defense budget changes that could affect future performance.