L3Harris Q3 backlog hits $53.2 billion as EPS rises 33%
Key points
- L3Harris Technologies (NYSE:LHX) reported third-quarter 2026 revenue of $6.1 billion, up 7% year over year, while diluted EPS increased 33% to $3.28.
- Orders totaled $19.3 billion, lifting backlog to $53.2 billion and producing a book-to-bill ratio of 3.2x.
- L3Harris raised its 2026 revenue outlook to $23.5 billion–$23.7 billion and GAAP EPS guidance to $12.25–$12.35.
L3Harris Technologies (NYSE:LHX) reported third-quarter 2026 revenue of $6.1 billion, up 7% year over year, and raised its full-year revenue and earnings guidance.
Revenue increased 9% on an organic basis, while diluted earnings per share rose 33% to $3.28.
Orders reached $19.3 billion, lifting backlog to a record $53.2 billion, while operating margin increased 200 basis points to 13% and free cash flow rose 195% to $1.3 billion.
The company raised its full-year 2026 revenue guidance to $23.5 billion–$23.7 billion from $23.2 billion–$23.7 billion and increased its GAAP EPS forecast to $12.25–$12.35 from $11.80–$12.
L3Harris said it plans to invest in production capacity and capabilities across missiles, space, resilient communications and multi-domain sensing as it works to convert strong demand into completed business.
