What move does the options market price into RTX's report?

Implied ±10.4%, either direction · provisional.

How often does RTX move more than the options market prices?

3 of the last 8 reports moved at least as far as the implied move.

RTXNYSEAircraft Engines & Engine Parts

RTX Corp (RTX) earnings date, market-implied expected move, and options open interest by expiry

199.00

Closed19:46 ET

Open201.24Volume6.4MMkt cap$269.6BP/E31.99EPS6.22Div yield1.41%

Day199.00 – 203.100%52-wk164.95 – 226.4155%

RTX

RTX Corp

OpenVolumeMkt capP/EEPSDiv yield

Day – 52-wk –

Expected move

Inputs

±10.4%implied · straddle

179.04220.56

spot 199.80exp Feb 19ATM strike 200ATM straddle 24.42IV 28%

Oct 30 closeprovisional

Expected move

Inputs

Next report

Jan 26

before open · in 87 days

est.Q4 FY26

Calendar

Next report

Last report

+0.64%

vs ±4.4% implied · ×0.15

shaded = implied · ▲▼ = realized

Oct 20 '26 · confirmed

Implied vs realized

Largest filed tie

15.00%

of Mercury Systems revenue

supplierMRCY 10-K

Supply chain

Largest filed tie

13F top-10 QoQ

+0.16%

shares held · 10 largest managers

13F · Jun 30 '26123d lag

3,468 managers

Top fund weight

4.43%

RTX weight · XLI

N-PORTJun 30 '26

12 funds

Last reportshaded = implied▲▼ = realized× = |realized| ÷ implied

RTX (RTX) is expected to report on Jan 26 before open (estimated date).

Implied vs realized

8 reports

3 of 8≥ implied

avg implied: ±4.1%
avg realized: ±4.7%

Jan 28 '25Jan 28 '25confirmed±3.8%▲+2.64%×0.69

Apr 22 '25Apr 22 '25confirmed±4.2%▼−9.81%×2.31

Q2 FY25Jul 22 '25confirmed±3.3%▼−1.58%×0.48

Q3 FY25Oct 21 '25confirmed±4.1%▲+7.67%×1.85

Q4 FY25Jan 27 '26confirmed±4.3%▲+3.68%×0.86

Q1 FY26Apr 21 '26confirmed±4.5%▼−4.40%×0.98

Q2 FY26Jul 23 '26confirmed±4.1%▲+7.33%×1.77

Q3 FY26Oct 20 '26confirmed±4.4%▲+0.64%×0.15

quarterimplied−10%0+10%realized×

Q3 FY26±4.4%▲+0.64%×0.15

Q2 FY26±4.1%

Shaded = implied · tick ▲▼ = realized · × = |realized| ÷ impliedSource: options EOD · implied at prior close · realized close to close

Implied vs realized

Positioning

OI · 10 expiries · Oct 30 close

0.35OI · 10 expiries · Oct 30 closeP/C open interest · Feb 19 · first expiry after the report

PUTS · chgexpiry · days · P/CCALLS · chgP/C

6 nearer expiries

6,530+17%Nov 66d1.225,346+3%1.22

886+18%Nov 1313d0.841,051+21%0.84

28,3010%Nov 2020d1.2822,113+3%1.28

213+82%Nov 2727d0.43494+243%0.43

7+75%Dec 434d0.0981+913%0.09

5—Dec 1141d1.673—1.67

12,547+5%Dec 1848d0.7317,281+2%0.73

20,754+5%Jan 1576d0.9322,330+5%0.93

report · Jan 26 · before open · est.

ExpiryPutsCallsP/C

6 nearer expiries

Nov 66d6,530+17%5,346+3%1.22

Nov 1313d886+18%1,051+21%0.84

Nov 2020d28,3010%22,113

Hatched = puts · solid = calls · bars scaled per expiry · chg = OI vs prior sessionSource: options EOD

Positioning

Linked exposure

scenario · straddle±10.4%

Funds 4

XLI±0.5%

GLO±0.2%

JEPI±0.1%

VTV±0.1%

Suppliers 4

KTOS±10.7%×1.03

MRCY±7.8%×0.75

HWM±6.9%

Customers 1

BA±5.3%×0.51

Dashed = straddle · × = co-movement · max 501dMethod 2 more funds Source: SEC filings · N-PORT · market data

Linked exposure

Revenue flow

as filedQ3 FY26

10.85%as filednet margin · revenue +1.04% QoQ · +11.06% YoY

Revenue

$25.0B+1.04% QoQ

Gross profit

$5.8B+13.09% QoQ

23.25% margin

Operating income

$3.3B+18.71% QoQ

13.37% margin

Pre-tax income

$3.3B+20.39% QoQ

Net income

$2.7B+20.41% QoQ

10.85% margin

Cost of revenue

$19.2B−2.12% QoQ

Operating expenses

$2.5B+6.29% QoQ

SG&A $1.9B

R&D $711M

Other expense

$36M

Tax

$593M+20.28% QoQ

Revenue$25.0B+1.04%

Gross profit

$5.8B+13.09%

23.25% margin

Operating income

$3.3B+18.71%

13.37% margin

Pre-tax income

$3.3B+20.39%

Net income

$2.7B+20.41%

10.85% margin

Cost of revenue

$19.2B−2.12%

Operating expenses

$2.5B+6.29%

SG&A $1.9B

R&D $711M

Other expense

$36M

Tax$593M+20.28%

flow · deduction · signed % = QoQSource: SEC filings · standardized · QE Sep 30 '26 · width = $

Revenue flow

Intraday

15m bars

Long dash = implied range · Oct 30 close · Hatch = extended hours · ▯ up · ▮ down · bars = volume, 15mSource: market data · 19:45 ET

Intraday

Event sensitivity

PPI ×1.35· ±1.4% vs ±1.0% · 10 releases

eventrelease day|move|up · n×base

PPIproducer prices±1.4%8 of 10×1.35

FOMCrate decision±1.2%10 of 24×1.18

NFPjobs report±1.2%5 of 10×1.14

GDPgross domestic product±1.0%14 of 19×0.95

PCEpersonal income & outlays±0.9%11 of 19×0.89

CPROFcorporate profits±0.7%7 of 12×0.70

CPIconsumer prices±0.7%4 of 10×0.68

Bar = avg |move| to ±2% · tick = ±1.0% avg day · ×base = |move| ÷ ±1.0% · min 6 releases

Earnings history

EPS 1.89 · consensus —

Quarter	Reported	EPS	Consensus
Q3 FY26	Oct 20 '26 · confirmed	1.89	—
Q2 FY26	Jul 23 '26 · confirmed	1.57	—
Q1 FY26	Apr 21 '26 · confirmed	1.51	—
Q4 FY25	Jan 27 '26 · confirmed	1.55	—

Methodology

ties · implied moves · holdersMethod