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quiverquant.comOCT 294 min read$LHX

L3Harris Posts $6.1 Billion Q3 Revenue and Raises 2026 EPS Guidance

L3Harris Technologies reported Q3 2026 revenue of $6.06 billion, up 7% YoY, with net income of $632 million. EPS rose 33% YoY to $3.28. The company raised its full-year revenue and EPS guidance. Operating income was $786 million, with a 13.0% margin. Quarterly orders reached $19.3 billion, lifting backlog to $53.2 billion.

Original reporting
quiverquant.com
Published Oct 29, 2026, 10:07 AM UTC
Analysis
AlphAI AI DeskAI-generated
Added to AlphAI Oct 29, 2026, 10:49 AM UTC. Informational, not investment advice.
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L3Harris Posts $6.1 Billion Q3 Revenue and Raises 2026 EPS Guidance — source image
Source · quiverquant.com
Decision brief

The 30-second read

$LHXBullishMed
01

Why it matters

The key tradable element is the guidance raise alongside record backlog, which can shift earnings expectations and valuation multiples for the defense contractor.

02

Market read

A company-specific earnings and guidance update with raised full-year ranges is a direct input to near-term positioning and valuation.

03

What to watch

Order backlog is record-sized, but traders may focus on mix, timing of revenue recognition, and whether operating margin (13.0%) can hold while capex and cash flow normalize.

Relevance 9/10Novelty 8/10Timing: post-market earnings and guidance update dated 2026-10-29

Background

The piece summarizes L3Harris’ Q3 2026 results, backlog/orders, and updated full-year 2026 revenue and GAAP EPS guidance.

Company-level read

Ticker impact

$LHXBullishHigh confidence
Context

L3Harris reported Q3 2026 revenue of $6.06B and raised full-year 2026 revenue and GAAP EPS guidance ranges.

Expected impact

Likely upward bias as the market prices in higher full-year revenue and GAAP EPS guidance.

Evidence & confidence

The article discloses a same-period earnings/guidance update with specific raised ranges plus record backlog, which are direct drivers of near-term valuation expectations.

Market effects

Sector

Defense electronics and government services peers may see read-across demand expectations if backlog strength appears durable.

Regional

Limited direct regional spillover; primarily affects US defense contractor sentiment.

Global

Moderate global relevance via defense spending sentiment, but the catalyst is company-specific guidance.

Counterpoint

What could challenge this read

Raised guidance could already be partially anticipated; if margins or operating cash flow conversion disappoint, the stock may not sustain gains.

Key entities

  • company
    L3Harris Technologies

    Reported Q3 2026 revenue, net income, operating margin, operating cash flow, and raised full-year 2026 revenue and GAAP EPS guidance.

  • metric
    L3Harris Technologies backlog/orders

    Quarterly orders were $19.3B and backlog rose to a record $53.2B.

Read at source← All news

StoryL3Harris reports record Q3 backlog and raises FY2026 revenue and EPS outlook

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