| Quarter | Call date | Disclosure | Financial quality | Kept | Missed | |
|---|---|---|---|---|---|---|
| Q3'26 | October 20, 2026 | 9/12 | 4 medium flags | 1 | 0 | Call sheet → |
| Q2'26 | July 23, 2026 | 8/12 | 3 medium, 3 low flags | 2 | 1 | Call sheet → |
| Q1'26 | April 21, 2026 | 11/12 | 6 low flags | 6 | 0 | Call sheet → |
| Q4'25 | January 27, 2026 | 9/12 | 3 medium, 3 low flags | 4 | 1 | Call sheet → |
| Marked | Status | Promise |
|---|---|---|
| Q3'26 | Pending | Pratt commercial OE sales to be down in the low single-digit range for the full year Full year not complete; Q3 actual OE sales were down 5%, somewhat worse than the 'low single-digit' full-year framing given in Q2. |
| Q3'26 | Pending | FY2026 adjusted sales $95-96B, EPS $7.10-7.25, FCF $8.5-8.75B Fiscal year not yet complete; all three ranges were raised this quarter (sales to $97-97.5B, EPS to $7.65-7.75, FCF to $9-9.2B), which is a revision, not a resolution. |
| Q3'26 | Mixed | we continue to engage with the department on turning our framework agreements into definitive agreements Undefinitized contracts represent progress, but do not equal final negotiated definitive terms. Track definitization and production execution. |
| Q3'26 | Delivered | We expect entry into service later this year [for GTF Advantage] First GTF Advantage-powered aircraft was delivered to United Airlines and entered service in October 2026. |
| Q3'26 | Mixed | we expect AOGs to keep trending lower throughout the second half of the year Q3 AOGs were stable sequentially rather than lower; the full second-half period remains open. |
| Q2'26 | Missed | Collins to drive margin expansion through cost reduction Margins flat at 17.1% despite claimed structural changes |
| Q2'26 | Exceeded | Raytheon munitions output to continue increasing Output up 40% YoY in Q1, continued strong growth in Q2 |
| Q2'26 | Pending | Connect 60% of manufacturing hours to data platform by year-end Currently at 30M hours but % not disclosed, claimed 30% growth since 2025 |
| Q2'26 | Delivered | GTF AOGs to continue downward trend Down 25% YTD as promised, though pace of decline not quantified |
| Q2'26 | Pending | Framework agreements to be converted to definitive agreements Still in negotiations, no concrete timeline provided despite Q1 optimism |
| Q2'26 | Pending | Mid to high single-digit large commercial engine delivery growth for 2026 Q2 deliveries up 15% but sales down 8% due to mix; on track but concerning |
| Q1'26 | Delivered | Continued productivity improvements across all segments All three segments showed margin expansion despite headwinds |
| Q1'26 | Pending | $8.25-8.75B free cash flow for 2026 Strong Q1 start at $1.3B supports full year guidance |
| Q1'26 | Exceeded | Raytheon margin expansion continuation Hit 12.2% margins with 150 bps expansion, ahead of expectations |
| Q1'26 | Delivered | GTF Advantage aircraft certification soon Received aircraft certification in Q1, ahead of timeline |
| Q1'26 | Exceeded | Mid-single digit defense sales growth Raised guidance to mid to high single digits based on Q1 strength |
| Q1'26 | Delivered | Continued AOG reduction throughout 2026 AOGs down 15% in Q1, continuing downward trajectory |
| Q1'26 | Delivered | GTF MRO output growth similar to 2025 levels (26%) Q1 showed 23% growth, in line with full year expectation |
| Q4'25 | Delivered | V2500 shop visits would remain around 800 for 2025 Achieved 'a little bit more than that' according to management. |
| Q4'25 | Delivered | Free cash flow of $7B to $7.5B for 2025 Achieved $7.9B, exceeding top end of range. |
| Q4'25 | Delivered | Raytheon would continue $300M capacity investment in 2025 Confirmed completion of Redstone facility and other capacity expansions. |
| Q4'25 | Pending | GTF Advantage engine aircraft certification 'soon' after EU certification EU cert received in Q4, but aircraft certification still pending with no updated timeline given. |
| Q4'25 | Missed | MRO output up about 30% for full year 2025 Delivered 26% growth, not the 30% promised. This matters because MRO output directly drives AOG reduction. |
| Q4'25 | Delivered | PW1100 AOGs would decline in Q4 and continue declining in 2026 AOGs down 20% from 2025 highs, with continued decline expected through 2026. |
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