Slide 1: Q2 2026 Earnings Call Presentation
Q2 2026 Earnings Call Presentation JULY 28, 2026 T H E D ATA I N T H I S PAC K AG E S H O U L D B E R E A D I N C O N J U N CT I O N W I T H T H E T E X T R O N E A R N I N G S R E L E A S E A N D A C C O M PA N Y I N G TA B L E S.
Slide 2: Forward-looking Information
Forward-looking Information Certain statements in this package and other oral and written statements made by Textron from time to time are forward-looking statements, including those that discuss strategies, goals, outlook or other non-historical matters; or project revenues, income, returns or othe
Slide 3: Second Quarter 2026 Financial Highlights
Second Quarter 2026 Financial Highlights CONSOLIDATED KEY HIGHLIGHTS Revenue growth in each of our manufacturing REVENUE SEGMENT PROFIT (1) segments $3.8B $353M Commercial turboprop deliveries up 29% YoY Commercial helicopter deliveries up 13% YoY ADJ. EPS (1) MANUFACTURING CASH Continued gr
Slide 4: I. Second Quarter 2026 Update
I. Second Quarter 2026 Update 4
Slide 5: Textron Aviation – Q2 2026 Highlights
Textron Aviation – Q2 2026 Highlights ($ AMOUNTS IN MILLIONS) REVENUE (2) SEGMENT PROFIT BACKLOG AFTERMARKET $1,544 (1)(2) $8,000 $8,028 REVENUE $1,522 $170 $7,724 $507 $512 $165 11.2% Profit Margin 10.7% Profit Margin Q2 2025 Q2 2026 Q2 2025 Q2 2026 YE 2025 Q1 2026 Q2 2026 Q2 2025 Q2 2026 Continu
Slide 6: Bell – Q2 Highlights
Bell – Q2 Highlights ($ AMOUNTS IN MILLIONS) REVENUE SEGMENT PROFIT (1) BACKLOG $1,074 $80 $7,795 $1,016 $75 $7,603 $7,538 7.9% Profit Margin 7.0% Profit Margin Q2 2025 Q2 2026 Q2 2025 Q2 2026 YE 2025 Q1 2026 Q2 2026 Revenue up 6% YoY First two MV-75 Cheyenne wing structures completed Commerci
Slide 7: Textron Systems – Q2 Highlights
Textron Systems – Q2 Highlights ($ AMOUNTS IN MILLIONS) REVENUE (2) SEGMENT PROFIT (1)(2) BACKLOG $347 $44 $3,559 $324 $40 $3,304 $3,348 12.7% 12.3% Profit Margin Profit Margin Q2 2025 Q2 2026 Q2 2025 Q2 2026 YE 2025 Q1 2026 Q2 2026 Revenue up 7% YoY Strong growth driven by armored land vehicles
Slide 8: Industrial – Q2 Highlights
Industrial – Q2 Highlights ($ AMOUNTS IN MILLIONS) REVENUE SEGMENT PROFIT (1) $848 $59 $839 $54 7.0% Profit Margin 6.4% Profit Margin Q2 2025 Q2 2026 Q2 2025 Q2 2026 Revenue up 1% YoY Kautex secured a new business award for its Pentatonic battery enclosure solution Improving market environment
Slide 9: Textron Financial – Q2 Highlights
Textron Financial – Q2 Highlights ($ AMOUNTS IN MILLIONS) REVENUE SEGMENT PROFIT (1) $15 $14 $10 $8 Q2 2025 Q2 2026 Q2 2025 Q2 2026 Segment profit up $2 million YoY Textron Inc. Q2 2026 Earnings Call Presentation: July 28, 2026. (1) Segment Profit is a non-GAAP measure that is defined and reconcil
Slide 10: II. Second Quarter 2026 Financial Summary
II. Second Quarter 2026 Financial Summary 10
Slide 11: Second Quarter 2026 Financial Summary
Second Quarter 2026 Financial Summary Q2 2026 Q2 2025 (2) % Change Revenues $ 3.8B $ 3.7B 3.0% Segment Profit $ 353M $ 352M 0.3% EPS $ 1.42 $ 1.35 5.2% Adjusted EPS $ 1.62 $ 1.55 4.5% Manufacturing Cash Flow $ 154M $ 336M (54.2)% Before Pension Contributions Textron Inc. Q2 2026 Earnings Call Presen
Slide 12: Second Quarter 2026 Segment Results
Second Quarter 2026 Segment Results SEGMENT REVENUE (2) SEGMENT PROFIT (1)(2) PROFITABILITY % % Segment Q2 2026 Q2 2025 Change Q2 2026 Q2 2025 Change Q2 2026 Q2 2025 Textron $ 1,544M $ 1,522M 1.4% $ 165M $ 170M (2.9)% 10.7% 11.2% Aviation Bell $ 1,074M $ 1,016M 5.7% $ 75M $ 80M (6.3%) 7.0% 7.9% Text
Slide 13: Non-GAAP Financial Measures
Non-GAAP Financial Measures We supplement the reporting of our financial information determined under U.S. generally accepted accounting principles (GAAP) with certain non-GAAP financial measures. These non-GAAP financial measures exclude certain significant items that may not be indicative of, or a
Slide 14: Appendix
Appendix TEXTRON
Slide 15: Second Quarter 2026 Revenue Growth
Second Quarter 2026 Revenue Growth REVENUE DIVESTITURE FX IMPACT ORGANIC GROWTH IMPACT UN(FAV) GROWTH (1) Textron Aviation 1.4% - - 1.4% Bell 5.7% - - 5.7% Textron Systems 7.1% - - 7.1% Industrial 1.1% 0.7% (1.0%) 0.8% Manufacturing 3.0% 0.2% (0.2%) 3.0% Segments Textron Inc. Q2 2026 Earnings Call P
Slide 16: Adjusted EBITDA
Adjusted EBITDA ($ AMOUNTS IN MILLIONS) Q2 2026 Q2 2025 Income Before Income Taxes $ 304 $ 301 Add: Interest Expense, net for Manufacturing group 29 26 Depreciation Expense 85 91 Intangible Asset Amortization 7 8 LIFO Inventory Provision 41 38 Special Charges - 4 Adjusted EBITDA (1) $ 466 $ 468 Text