8-KCurrent report
Results of operations
✓ VerifiedL3Harris reported Q2 2026 revenue of $5.9 billion, up 8%, diluted EPS of $3.13, up 28%, orders of $7.3 billion, and record backlog of $42 billion, and raised full-year revenue and EPS guidance.
Filed Jul 29, 2026 · 16:08 ET
Summary
- L3Harris reported second quarter 2026 orders of $7.3 billion and a book-to-bill of 1.2x, raising backlog to a record $42 billion.
- Revenue was $5,881 million, up 8%, with growth across Space & Mission Systems ($2,966 million), Communications & Spectrum Dominance ($1,943 million), and Missile Solutions ($1,054 million).
- Operating margin was 11.1%, up 60 bps, and diluted EPS was $3.13, up 28% from $2.44 in the prior year.
- Operating cash flow was $879 million and free cash flow was $771 million, both up 37%.
- The company raised 2026 consolidated revenue guidance to $23.2B to $23.7B (prior $23B to $23.5B) and EPS guidance to $11.80 to $12.00 (prior $11.40 to $11.60).
- The company issued subsidiary Series A preferred stock, receiving net proceeds of $973 million, and recorded a $14 million subsidiary preferred stock deemed dividend.
Key facts
- Revenue
- $5.9 billion, up 8%
From the filing for Revenue
“Revenue of $5.9 billion, up 8%”
- Orders
- $7.3 billion
From the filing for Orders
“Orders of $7.3 billion; book-to-bill of 1.2x increases backlog to record $42 billion”
- Diluted EPS
- $3.13, up 28%
From the filing for Diluted EPS
“Diluted EPS of $3.13, up 28%”
- Operating margin
- 11.1%, up 60 bps
From the filing for Operating margin
“Operating margin of 11.1%, up 60 bps; Segment operating margin of 16.0%”
- Free cash flow
- $771 million
From the filing for Free cash flow
“Operating cash flow of $879 million; Free cash flow of $771 million, both up 37%”
- Revenue guidance
- $23.2B - $23.7B
From the filing for Revenue guidance
“$23.2B - $23.7B (Prior: $23B - $23.5B)”
- EPS guidance
- $11.80 - $12.00
From the filing for EPS guidance
“$11.80 - $12.00 (Prior: $11.40 - $11.60)”
- Subsidiary preferred proceeds
- $973 million
From the filing for Subsidiary preferred proceeds
“Proceeds from issuance of subsidiary Series A preferred stock, net 973”
Why it mattersThe results detail growth in Space & Mission Systems and Missile Solutions along with a record $42 billion backlog. L3Harris raised its full-year revenue and EPS guidance.
- Filed
- Jul 29, 2026
- Accepted
- 2026-07-29 20:08Z
- Period
- Jul 29, 2026
- Accession no.
- 0000202058-26-000054
- Size
- 586 KB
- Index
- Filing index