Textron Inc. reported its first quarter 2025 financial results on April 24, 2025, with net income of $1.13 per share, up from $1.03 per share in Q1 2024. Adjusted net income was $1.28 per share, compared to $1.20 per share in the prior year's first quarter.
Total revenues for the quarter increased to $3.306 billion, up from $3.135 billion in Q1 2024. Bell revenues surged by $256 million to $983 million, driven by higher military revenues from the U.S. Army's FLRAA program and increased commercial volumes. Bell's backlog stood at $7.1 billion.
Textron Aviation revenues increased by $24 million to $1.2 billion, primarily due to higher aftermarket parts and services revenue, with operations continuing to improve towards pre-strike performance levels. The company also completed the sale of its Powersports business, including the Arctic Cat brand, on April 23, 2025, as part of its portfolio refinement.
Textron reiterated its expectation for full-year 2025 adjusted earnings per share from continuing operations to be in the range of $6.00 to $6.20. The company also maintained its outlook for manufacturing cash flow before pension contributions between $800 million and $900 million, reflecting confidence in its strategic execution and operational recovery.
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