Textron (TXT) Revenue — Quarter Ended Dec 28, 2024
Revenue for the quarter rose compared to the preceding quarter but fell from the same quarter one year earlier. The sequential increase was driven by higher activity in the final period of the fiscal year.
Key takeaway
Quarter ended Dec 28, 2024 · FY2024 Q4
Revenue for the quarter rose compared to the preceding quarter but fell from the same quarter one year earlier. The sequential increase was driven by higher activity in the final period of the fiscal year.
Financial snapshot
Reported revenue, sequential change, year-over-year change, and trailing four-quarter revenue.
Quarter revenue
$3.6B
Revenue reported for this quarter.
Quarter-over-quarter
+5.4%
Change from the immediately preceding quarter.
Year-over-year
-7.2%
Change from the comparable year-ago quarter.
Trailing four quarters
$13.7B
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 |
|---|---|---|
| Mar 30, 2024 | $3.1B | +3.7% |
| Jun 29, 2024 | $3.5B | +3.0% |
| Sep 28, 2024 | $3.4B | +2.5% |
| Dec 28, 2024 | $3.6B | -7.2% |
Revenue performance
The reported revenue direction showed a sequential increase after two quarters of slower growth, yet remained below the prior year’s comparable period.
Quarterly comparison
Compared with the immediately preceding quarter, revenue improved, but when matched against the same quarter one year ago, the figure declined. The trailing twelve-month total was lower than the prior year’s annual level.
What to watch
The year-over-year decline in the latest quarter, despite sequential growth, suggests that the pace of annual revenue has not yet recovered to prior levels.