Q1 2025 Industrials Sector Earnings: Key Highlights & Market Reactions
Introduction: Navigating Tariffs and Global Demand in the Industrials Sector
As Q1 2025 earnings reports unfold, the Industrials sector faces a complex landscape marked by geopolitical tensions, trade tariffs, and shifting global demand. While some companies demonstrate resilience through strategic cost management and diversified portfolios, others grapple with margin pressures and supply chain disruptions. This live-updating blog provides financial professionals with timely insights into key earnings reports, management commentary, and YCharts visualizations to inform investment decisions.
Latest Earnings Reports
YCharts users can view a full breakdown of all current and upcoming earnings calls and reports live here.
Not a YCharts user? Try a 7-Day Free Trial.
April 23, 2025 Earnings
The Boeing Company (BA) Narrows Q1 Loss Amid Tariff Challenges
Boeing reported Q1 2025 earnings revenue of $19.5 billion, an 18% increase year-over-year, driven by a 57% rise in commercial aircraft deliveries. The company posted an adjusted loss per share of $0.49, significantly better than the expected loss of $1.54. Despite ongoing U.S.-China trade tensions and elevated tariffs, Boeing managed to redirect aircraft initially destined for China to other international customers. The company also announced plans to increase 737 MAX production to 38 aircraft per month by year-end, with aspirations to reach 42 per month pending FAA approval.
View The Boeing Company’s Earnings Report Here >
General Dynamics Corporation (GD) Achieves Strong Q1 Growth Across Segments
General Dynamics reported Q1 2025 revenue of $12.2 billion, a 13.9% increase year-over-year, with diluted EPS rising 27.1% to $3.66. Operating margin expanded by 70 basis points to 10.4%. All four business segments saw revenue and earnings growth, notably the Aerospace segment, which experienced a 45.2% revenue increase and a 69.4% rise in operating earnings, with margins expanding by 210 basis points to 14.3%.
View General Dynamics Corporation’s Earnings Report Here >
GE Vernova Inc. (GEV) Posts Robust Q1 Results, Reaffirms 2025 Guidance
GE Vernova reported Q1 2025 revenue of $8.03 billion, surpassing analyst expectations of $7.54 billion, with EPS of $0.91 beating estimates of $0.73. The company’s Power and Electrification segments drove growth, with core profit in the Electrification segment tripling to $214 million and the Power segment rising to $508 million from $345 million a year ago. Despite a $300–$400 million estimated impact from tariffs and inflation, GE Vernova reaffirmed its full-year revenue guidance of $36 to $37 billion.
View GE Vernova Inc’s Earnings Report Here >
April 22, 2025 Earnings
GE Aerospace (GE) Tops Q1 Estimates, Aims to Control Costs to Offset Tariffs
GE Aerospace reported Q1 2025 adjusted EPS of $1.49 and revenue of $9.94 billion, surpassing analyst expectations. The company maintained its full-year guidance of adjusted EPS between $5.10 and $5.45. CEO Larry Culp attributed the performance to strategic cost control measures and trade program leverage amid a challenging macroeconomic environment.
View GE Aerospace’s Earnings Report Here >
RTX Corporation (RTX) Reports Strong Q1 Performance Amid Tariff Concerns
RTX Corporation reported Q1 2025 sales of $20.3 billion, a 5% increase year-over-year, with organic sales growth of 8%. Adjusted earnings per share (EPS) rose 10% to $1.47, surpassing analyst expectations of $1.35. The company achieved a segment margin expansion of 120 basis points and generated free cash flow of $0.8 billion. However, RTX warned that recently enacted U.S. and international tariffs could impact its full-year outlook, with potential effects to be detailed in future earnings calls.
View RTX Corporation’s Earnings Report Here >
Northrop Grumman Corporation (NOC) Faces Q1 Profit Decline Due to B-21 Program Costs
Northrop Grumman reported Q1 2025 revenue of $9.5 billion, a 7% decrease year-over-year, falling short of analyst expectations. The company posted a pre-tax loss of $477 million related to its B-21 Raider stealth bomber program, attributed to higher-than-anticipated manufacturing and material costs. Despite the setback, Northrop Grumman maintains a record backlog of $92.8 billion and continues to invest in scaling up B-21 production to meet future defense demands.
View Northrop Grumman Corporation’s Earnings Report Here >
3M Company (MMM) Exceeds Q1 Expectations but Flags Tariff Risks
3M reported Q1 2025 adjusted EPS of $1.88 on revenue of $5.95 billion, surpassing analyst estimates despite a 1% year-over-year revenue decline. Growth was driven by a 2.5% increase in the Safety & Industrial segment and a 1.1% rise in the Transportation & Electronics group. The company maintained its full-year adjusted EPS guidance of $7.60 to $7.90 but warned that ongoing trade tensions and tariffs could reduce earnings by $0.20 to $0.40 per share.
View 3M Company’s Earnings Report Here >
Lockheed Martin Corporation (LMT) Delivers Robust Q1 Results Amid Strong Defense Demand
Lockheed Martin reported Q1 2025 earnings net income of $1.71 billion, or $7.28 per share, exceeding analyst expectations of $6.34. Total revenue rose 4.5% year-over-year to $17.96 billion, with gains across all divisions except the space unit. The aerospace segment, which includes the F-35 fighter jet program, saw a 3.1% increase in sales. The company reaffirmed its annual forecast, citing sustained global demand for defense products and potential benefits from a higher U.S. defense budget.
View Lockheed Martin Corporation’s Earnings Report Here >
April 15, 2025 Earnings
United Airlines Holdings Inc. (UAL) Reports Record Q1 Profit Amid Economic Uncertainty
United Airlines posted Q1 2025 earnings net income of $387 million, or $1.16 per share, reversing a year-ago loss as premium and international travel demand surged. Revenue rose 5.4% to $13.21 billion, driven by strong growth in higher-margin seats, while domestic coach bookings declined. United issued dual full-year guidance—$11.50 to $13.50 EPS in a stable economy and $7.00 to $9.00 in a recession—highlighting confidence in its profitability across market conditions.
View United Airlines Holdings Inc’s Earnings Report Here >
J.B. Hunt Transport Services Inc. (JBHT) Navigates Freight Recession with Mixed Q1 Results
J.B. Hunt reported Q1 2025 EPS of $1.17 on revenue of $2.92 billion, with Intermodal volume up 8% year-over-year despite pricing pressure. Total earnings declined modestly as Dedicated, Final Mile, and Truckload segments saw revenue and margin headwinds tied to inflation, equipment costs, and weaker demand. Management emphasized discipline in navigating ongoing freight softness and macro volatility.
View J.B. Hunt Transport Services Inc’s Earnings Report Here >
How YCharts Can Help
Event Calendar: Monitor all upcoming Industrials sector earnings.
Fundamental Charts: Visualize revenue, EPS, and segment growth over time.
Stock Screeners: Identify high-performing Industrials stocks by EPS growth or surprise.
Custom Reports: Build shareable earnings decks for client updates.
Whenever you’re ready, here’s how YCharts can help you:
1. Looking to Move On From Your Investment Research and Analytics Platform?
2. Want to test out YCharts for free?
Start a no-risk 7-Day Free Trial.
Disclaimer
©2025 YCharts, Inc. All Rights Reserved. YCharts, Inc. (“YCharts”) is not registered with the U.S. Securities and Exchange Commission (or with the securities regulatory authority or body of any state or any other jurisdiction) as an investment adviser, broker-dealer or in any other capacity, and does not purport to provide investment advice or make investment recommendations. This report has been generated through application of the analytical tools and data provided through ycharts.com and is intended solely to assist you or your investment or other adviser(s) in conducting investment research. You should not construe this report as an offer to buy or sell, as a solicitation of an offer to buy or sell, or as a recommendation to buy, sell, hold or trade, any security or other financial instrument. For further information regarding your use of this report, please go to: ycharts.com/about/disclosure
Next Article
Q1 2025 Consumer Staples Earnings: Key Highlights & Market ReactionsRead More →