KPIs & Operating Metrics(New)
Growth Metrics

Rtx (RTX) Operating Expenses (2009 - 2026)

Rtx recorded quarterly Operating Expenses of $19.6 billion in Q1 2026, down 10.77% quarter-over-quarter from $21.9 billion in Q4 2025, and up 7.17% year-over-year from $18.3 billion in Q1 2025.

Rtx's Operating Expenses history runs 18 years deep, the most recent figure standing at $19.6 billion for Q1 2026.

  • In Q1 2026, Operating Expenses rose 7.17% year-over-year to $19.6 billion; the TTM figure through Mar 2026 stood at $81.0 billion (up 8.71% YoY), while the FY2025 annual figure was $79.7 billion, up 7.63% from the prior year.
  • Operating Expenses came in at $19.6 billion for Q1 2026 at Rtx, down from $21.9 billion in the prior quarter.
  • In the past five years, Operating Expenses ranged from a high of $21.9 billion in Q4 2025 to a low of $14.7 billion in Q1 2022.
  • A 5-year average of $17.7 billion and a median of $18.1 billion in 2023 frame the typical range for Operating Expenses.
  • Across the five-year window, Operating Expenses decreased 3.97% in 2023 and rose 22.42% in 2024, its largest moves.
  • Rtx's Operating Expenses stood at $16.6 billion in 2022, then climbed by 8.95% to $18.1 billion in 2023, then increased by 9.11% to $19.8 billion in 2024, then rose by 11.02% to $21.9 billion in 2025, then slipped by 10.77% to $19.6 billion in 2026.
  • According to Business Quant data, Operating Expenses over the past three periods registered $19.6 billion, $21.9 billion, and $20.0 billion for Q1 2026, Q4 2025, and Q3 2025 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Opex (Qtr)
1 General Electric 316.77 Bn 306.03 Bn 9.11 Bn 10.18 Bn
2 Rtx 238.61 Bn 233.51 Bn 9.08 Bn 19.59 Bn
3 Boeing 172.59 Bn 151.68 Bn 2.55 Bn 2.10 Bn
4 Lockheed Martin 122.59 Bn 120.70 Bn 2.08 Bn -
5 Howmet Aerospace 102.88 Bn 100.44 Bn 854.00 Mn 120.00 Mn
6 General Dynamics 92.64 Bn 88.99 Bn 9.09 Bn 12.06 Bn
7 Rocket Lab 82.19 Bn 80.92 Bn 76.49 Mn 132.46 Mn
8 Northrop Grumman 78.95 Bn 76.86 Bn 3.45 Bn 8.89 Bn
9 TransDigm 70.63 Bn 66.75 Bn 1.51 Bn 273.00 Mn
10 Cae 60.63 Bn 60.14 Bn -496.95 Mn -271.99 Mn

Historic Data

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DateValue
Mar 31, 2026 19.59 Bn
Dec 31, 2025 21.95 Bn
Sep 30, 2025 20.02 Bn
Jun 30, 2025 19.48 Bn
Mar 31, 2025 18.28 Bn
Dec 31, 2024 19.77 Bn
Sep 30, 2024 18.20 Bn
Jun 30, 2024 18.30 Bn
Mar 31, 2024 17.81 Bn
Dec 31, 2023 18.12 Bn
Sep 30, 2023 14.86 Bn
Jun 30, 2023 16.85 Bn
Mar 31, 2023 15.62 Bn
Dec 31, 2022 16.63 Bn
Sep 30, 2022 15.48 Bn
Jun 30, 2022 14.98 Bn
Mar 31, 2022 14.66 Bn
Dec 31, 2021 15.66 Bn
Sep 30, 2021 14.99 Bn
Jun 30, 2021 14.68 Bn
Mar 31, 2021 14.35 Bn
Dec 31, 2020 16.33 Bn
Sep 30, 2020 15.05 Bn
Jun 30, 2020 14.72 Bn
Mar 31, 2020 10.08 Bn
Dec 31, 2019 10.82 Bn
Sep 30, 2019 10.00 Bn
Jun 30, 2019 10.06 Bn
Mar 31, 2019 16.43 Bn
Dec 31, 2018 -10.91 Bn
Sep 30, 2018 14.80 Bn
Jun 30, 2018 14.77 Bn
Mar 31, 2018 13.55 Bn
Dec 31, 2017 14.15 Bn
Sep 30, 2017 13.28 Bn
Jun 30, 2017 13.37 Bn
Mar 31, 2017 12.26 Bn
Dec 31, 2016 13.15 Bn
Sep 30, 2016 12.31 Bn
Jun 30, 2016 12.78 Bn
Mar 31, 2016 11.56 Bn
Dec 31, 2015 12.89 Bn
Sep 30, 2015 11.71 Bn
Jun 30, 2015 12.46 Bn
Mar 31, 2015 11.55 Bn
Dec 31, 2014 12.98 Bn
Sep 30, 2014 12.31 Bn
Jun 30, 2014 15.22 Bn
Mar 31, 2014 12.91 Bn
Dec 31, 2013 9.27 Bn
Sep 30, 2013 13.28 Bn
Jun 30, 2013 13.92 Bn
Mar 31, 2013 12.70 Bn
Dec 31, 2012 14.79 Bn
Sep 30, 2012 13.21 Bn
Jun 30, 2012 11.97 Bn
Mar 31, 2012 11.00 Bn
Dec 31, 2011 12.56 Bn
Sep 30, 2011 12.32 Bn
Jun 30, 2011 12.54 Bn
Mar 31, 2011 11.09 Bn
Dec 31, 2010 11.31 Bn
Sep 30, 2010 11.58 Bn
Jun 30, 2010 1.95 Bn
Mar 31, 2010 1.82 Bn
Dec 31, 2009 1.98 Bn
Sep 30, 2009 1.77 Bn
Jun 30, 2009 1.96 Bn