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Side-by-side financial comparison of Textron (TXT) and Vertex Pharmaceuticals (VRTX). Click either name above to swap in a different company.

Textron is the larger business by last-quarter revenue ($3.7B vs $3.2B, roughly 1.2× Vertex Pharmaceuticals). Vertex Pharmaceuticals runs the higher net margin — 37.3% vs 6.0%, a 31.4% gap on every dollar of revenue. On growth, Textron posted the faster year-over-year revenue change (11.8% vs 9.5%). Over the past eight quarters, Vertex Pharmaceuticals's revenue compounded faster (8.9% CAGR vs 3.8%).

Textron Inc. is an American industrial conglomerate based in Providence, Rhode Island. Textron's subsidiaries include Bell Textron, Kautex, Textron Aviation, and Lycoming Engines. It was founded by Royal Little in 1923 as the Special Yarns Company. In 2020, Textron employed over 33,000 people in 25 countries. The company ranked 265th on the 2021 Fortune 500 of the largest United States corporations by revenue.

Vertex Pharmaceuticals Incorporated is an American biopharmaceutical company based in Boston, Massachusetts. It was one of the first biotech firms to use an explicit strategy of rational drug design rather than combinatorial chemistry. It maintains headquarters in Boston, Massachusetts, and three research facilities, in San Diego, California, and Milton Park, Oxfordshire, England.

TXT vs VRTX — Head-to-Head

Bigger by revenue
TXT
TXT
1.2× larger
TXT
$3.7B
$3.2B
VRTX
Growing faster (revenue YoY)
TXT
TXT
+2.2% gap
TXT
11.8%
9.5%
VRTX
Higher net margin
VRTX
VRTX
31.4% more per $
VRTX
37.3%
6.0%
TXT
Faster 2-yr revenue CAGR
VRTX
VRTX
Annualised
VRTX
8.9%
3.8%
TXT

Income Statement — Q1 FY2027 vs Q4 FY2025

Metric
TXT
TXT
VRTX
VRTX
Revenue
$3.7B
$3.2B
Net Profit
$220.0M
$1.2B
Gross Margin
85.4%
Operating Margin
37.8%
Net Margin
6.0%
37.3%
Revenue YoY
11.8%
9.5%
Net Profit YoY
6.3%
30.5%
EPS (diluted)
$1.25
$4.64

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
TXT
TXT
VRTX
VRTX
Q1 26
$3.7B
Q4 25
$4.2B
$3.2B
Q3 25
$3.6B
$3.1B
Q2 25
$3.7B
$3.0B
Q1 25
$3.3B
$2.8B
Q4 24
$3.6B
$2.9B
Q3 24
$3.4B
$2.8B
Q2 24
$2.6B
Net Profit
TXT
TXT
VRTX
VRTX
Q1 26
$220.0M
Q4 25
$235.0M
$1.2B
Q3 25
$234.0M
$1.1B
Q2 25
$245.0M
$1.0B
Q1 25
$207.0M
$646.3M
Q4 24
$141.0M
$913.0M
Q3 24
$223.0M
$1.0B
Q2 24
$-3.6B
Gross Margin
TXT
TXT
VRTX
VRTX
Q1 26
Q4 25
85.4%
Q3 25
86.5%
Q2 25
86.3%
Q1 25
86.9%
Q4 24
85.5%
Q3 24
85.8%
Q2 24
85.9%
Operating Margin
TXT
TXT
VRTX
VRTX
Q1 26
Q4 25
37.8%
Q3 25
38.6%
Q2 25
38.8%
Q1 25
22.7%
Q4 24
3.6%
35.2%
Q3 24
7.4%
40.3%
Q2 24
-132.9%
Net Margin
TXT
TXT
VRTX
VRTX
Q1 26
6.0%
Q4 25
5.6%
37.3%
Q3 25
6.5%
35.2%
Q2 25
6.6%
34.8%
Q1 25
6.3%
23.3%
Q4 24
3.9%
31.4%
Q3 24
6.5%
37.7%
Q2 24
-135.8%
EPS (diluted)
TXT
TXT
VRTX
VRTX
Q1 26
$1.25
Q4 25
$4.64
Q3 25
$4.20
Q2 25
$3.99
Q1 25
$1.13
$2.49
Q4 24
$3.62
Q3 24
$4.01
Q2 24
$-13.92

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
TXT
TXT
VRTX
VRTX
Cash + ST InvestmentsLiquidity on hand
$1.5B
$6.6B
Total DebtLower is stronger
$3.5B
Stockholders' EquityBook value
$8.0B
$18.7B
Total Assets
$18.1B
$25.6B
Debt / EquityLower = less leverage
0.43×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
TXT
TXT
VRTX
VRTX
Q1 26
$1.5B
Q4 25
$6.6B
Q3 25
$6.3B
Q2 25
$6.4B
Q1 25
$6.2B
Q4 24
$6.1B
Q3 24
$6.5B
Q2 24
$5.8B
Total Debt
TXT
TXT
VRTX
VRTX
Q1 26
$3.5B
Q4 25
Q3 25
Q2 25
Q1 25
Q4 24
Q3 24
Q2 24
Stockholders' Equity
TXT
TXT
VRTX
VRTX
Q1 26
$8.0B
Q4 25
$18.7B
Q3 25
$7.5B
$17.3B
Q2 25
$7.4B
$17.2B
Q1 25
$7.3B
$16.5B
Q4 24
$7.2B
$16.4B
Q3 24
$7.0B
$15.6B
Q2 24
$14.8B
Total Assets
TXT
TXT
VRTX
VRTX
Q1 26
$18.1B
Q4 25
$25.6B
Q3 25
$17.4B
$24.9B
Q2 25
$17.1B
$24.0B
Q1 25
$16.9B
$22.9B
Q4 24
$16.8B
$22.5B
Q3 24
$16.5B
$22.2B
Q2 24
$20.1B
Debt / Equity
TXT
TXT
VRTX
VRTX
Q1 26
0.43×
Q4 25
Q3 25
Q2 25
Q1 25
Q4 24
Q3 24
Q2 24

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
TXT
TXT
VRTX
VRTX
Operating Cash FlowLast quarter
$498.0M
Free Cash FlowOCF − Capex
$348.6M
FCF MarginFCF / Revenue
10.9%
Capex IntensityCapex / Revenue
3.6%
4.7%
Cash ConversionOCF / Net Profit
0.42×
TTM Free Cash FlowTrailing 4 quarters
$3.2B

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
TXT
TXT
VRTX
VRTX
Q1 26
Q4 25
$700.0M
$498.0M
Q3 25
$349.0M
$1.2B
Q2 25
$387.0M
$1.1B
Q1 25
$-124.0M
$818.9M
Q4 24
$446.0M
$584.6M
Q3 24
$208.0M
$1.4B
Q2 24
$-3.8B
Free Cash Flow
TXT
TXT
VRTX
VRTX
Q1 26
Q4 25
$527.0M
$348.6M
Q3 25
$273.0M
$1.1B
Q2 25
$309.0M
$927.4M
Q1 25
$-180.0M
$778.2M
Q4 24
$293.0M
$492.0M
Q3 24
$137.0M
$1.3B
Q2 24
$-3.8B
FCF Margin
TXT
TXT
VRTX
VRTX
Q1 26
Q4 25
12.6%
10.9%
Q3 25
7.6%
37.0%
Q2 25
8.3%
31.3%
Q1 25
-5.4%
28.1%
Q4 24
8.1%
16.9%
Q3 24
4.0%
47.0%
Q2 24
-144.5%
Capex Intensity
TXT
TXT
VRTX
VRTX
Q1 26
3.6%
Q4 25
4.1%
4.7%
Q3 25
2.1%
3.3%
Q2 25
2.1%
4.9%
Q1 25
1.7%
1.5%
Q4 24
4.2%
3.2%
Q3 24
2.1%
2.4%
Q2 24
2.6%
Cash Conversion
TXT
TXT
VRTX
VRTX
Q1 26
Q4 25
2.98×
0.42×
Q3 25
1.49×
1.15×
Q2 25
1.58×
1.04×
Q1 25
-0.60×
1.27×
Q4 24
3.16×
0.64×
Q3 24
0.93×
1.31×
Q2 24

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

TXT
TXT

Textron Aviation (a)$1.5B40%
Bell$1.1B29%
Industrial$786.0M21%
Textron Systems (a)$338.0M9%
FINANCE$16.0M0%

VRTX
VRTX

TRIKAFTAKAFTRIO$2.6B81%
ALYFTREK$380.1M12%
Manufactured Product Other$237.4M7%

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