earnings
confidence high
sentiment positive
materiality 0.70
L3Harris Q1 revenue $5.7B (+12%), EPS $2.72 (+33%), raises FY guidance
L3HARRIS TECHNOLOGIES, INC. /DE/
2026-Q1 EPS
reported $2.72
vs consensus $2.57
▲ beat
(+5.9%)
- Orders $7.8B, book-to-bill 1.4x; backlog hits record $40.7B.
- Revenue $5,744M, up 12% (15% organic); all segments grew led by Space & Mission Systems (+24%).
- GAAP diluted EPS $2.72 vs $2.04 a year ago, up 33%.
- Segment operating margin 15.7%, up 10 bps; overall operating margin 11.4%, up 120 bps.
- FY2026 EPS guidance raised to $11.40-$11.60 from $11.30-$11.50; cash used in ops ($95)M.