StockWatch
·
Industrial Machinery/Components
Quarterly ResultJul 29, 2026, 04:14 PM

L3Harris Q2 Revenue $5.9B, EPS $3.13; Raises 2026 Guidance

AI Summary

L3Harris Technologies reported robust second-quarter 2026 results, with revenue increasing 8% to $5.9 billion and diluted EPS rising 28% to $3.13. The company also demonstrated strong cash generation, with operating cash flow up 37% to $879 million and free cash flow up 37% to $771 million. Following these strong results, L3Harris increased its 2026 guidance for consolidated revenue and EPS.

Key Highlights

  • Q2 revenue increased 8% to $5.9 billion.
  • Q2 diluted EPS rose 28% to $3.13.
  • Operating cash flow was $879 million, up 37%.
  • Free cash flow was $771 million, up 37%.
  • 2026 revenue guidance raised to $23.2B-$23.7B.
  • 2026 diluted EPS guidance raised to $11.80-$12.00.
  • Orders reached $7.3 billion, with a book-to-bill ratio of 1.2x.
  • Space & Mission Systems revenue grew 7% to $2,966 million.