L3HARRIS TECHNOLOGIES, INC. /DE/ is expected to release its Q3 2026 10-Q filing in the upcoming earnings season. Last quarter: LHX delivered strong Q1 FY2026 results with revenue up 11.9% YoY to $5.74B and net income surging 32.6% to $512M, though operating cash flow remained negative at -$95M.
Drawn from management commentary in the Q2 2026 10-Q:
Revenue grew 11.9% YoY to $5.74B in Q1 FY2026, reflecting robust demand for LHX's defense and technology solutions. This top-line expansion was broad-based and consistent with elevated U.S. and allied defense spending trends.
Operating income rose 24.2% YoY to $652M, with operating margin expanding approximately 110 basis points to 11.35% from 10.23%. This outpaced revenue growth, indicating improving operational efficiency.
SG&A expenses declined 9.1% YoY to $750M from $825M, demonstrating meaningful cost discipline even as revenues grew significantly. This reduction was a key contributor to the strong operating income growth.
Revenue
$5.74B
++11.93% YoY
EPS (Basic)
$2.74
++33.66% YoY
Operating Income
$652M
++24.19% YoY
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