Textron (TXT) Revenue — Quarter Ended Sep 28, 2024
Revenue declined in the latest quarter. The decrease followed growth in both the prior quarter and the same quarter a year earlier.
Key takeaway
Quarter ended Sep 28, 2024 · FY2024 Q3
Revenue declined in the latest quarter. The decrease followed growth in both the prior quarter and the same quarter 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
-2.8%
Change from the immediately preceding quarter.
Year-over-year
+2.5%
Change from the comparable year-ago quarter.
Trailing four quarters
$14B
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 |
|---|---|---|
| Dec 30, 2023 | $3.9B | +7.0% |
| Mar 30, 2024 | $3.1B | +3.7% |
| Jun 29, 2024 | $3.5B | +3.0% |
| Sep 28, 2024 | $3.4B | +2.5% |
Revenue performance
The reported revenue decreased from the immediately preceding quarter. Compared with the same quarter one year earlier, the revenue was higher.
Quarterly comparison
Revenue fell when measured against the prior quarter, which itself had shown growth. However, compared with the same period a year ago, revenue continued to be up.
What to watch
The filing context highlights risks related to U.S. government funding and defense budget changes that may affect future performance.