Earnings Releases·Oct 29, 2026, 6:04 AM ET

L3Harris — Third Quarter 2026 Earnings Summary

Revenue grew 7% year-over-year to $6.1 billion (9% organic), while diluted EPS surged 33% to $3.28, driven by double-digit growth in Space & Mission Systems and Missile Solutions.
Full-year 2026 guidance was raised, increasing the revenue range bottom to $23.5 billion and GAAP EPS range to $12.25–$12.35, while maintaining free cash flow guidance at $3.0 billion.
Record backlog reached $53.2 billion with a 3.2x book-to-bill ratio, supported by major awards including $6.3 billion for THAAD propulsion and $4.7 billion for PAC-3 MSE interceptor production.
Free cash flow expanded 195% year-over-year to $1.3 billion, alongside $73 million in share repurchases and $234 million in dividends paid during the quarter.