L3Harris FY26 Q2 diluted EPS rises 28% to $3.13; revenue increases 8% to $5.9 billion
LHX•Updated 2026 guidance
The company raised 2026 guidance for revenue to $23.2 billion-$23.7 billion and GAAP EPS to $11.8-$12.
Orders, backlog and cash flow
Orders totaled $7.3 billion, lifting book-to-bill to 1.2x and pushing backlog to a record $42 billion.
Operating cash flow rose 37% to $879 million, with free cash flow up 37% to $771 million.
Second-quarter earnings and revenue
L3Harris posted second-quarter 2026 net income of $600 million, up 31%, with GAAP diluted EPS rising 28% to $3.13.
Revenue increased 8% to $5.88 billion, while operating income climbed 15% to $654 million and operating margin widened 0.6 percentage point to 11.1%.
