L3Harris Technologies Reports 7% Revenue Growth, Raises 2026 EPS Guidance
L3Harris Technologies reported Q3 2026 revenue of $6.06B, up 7%, and EPS of $3.28, up 33%. Operating income was $786M, net income $632M. The company raised its 2026 revenue guidance to $23.5B-$23.7B and EPS guidance to $12.25-$12.35. Demand drove a record backlog of $53.2B, with Missile Solutions recording an 11.8x book-to-bill ratio. Space & Mission Systems and Missile Solutions saw double-digit growth.
How this was made
The 30-second read
Why it matters
The earnings beat and guidance raise suggest stronger demand for defense systems, likely boosting L3Harris and peers.
Market read
Strong earnings and guidance lift make L3Harris a near‑term buying candidate in the defense sector.
What to watch
Potential supply-chain constraints for solid‑rocket motor production could temper growth expectations.
Background
L3Harris is a major U.S. defense contractor with exposure to missile, space, and counter‑drone markets.
Ticker impact
L3Harris reported Q3 2026 results and raised full-year revenue to $23.5‑$23.7 B and GAAP EPS to $12.25‑$12.35, a fresh primary disclosure.
upward pressure as investors price in higher revenue and EPS outlook
The company posted 7% revenue growth, 33% EPS increase YoY, and upgraded guidance, which typically drives buying.
Market effects
Defense and aerospace sector may see broader optimism from the contract wins and guidance lift.
U.S. defense stocks could benefit as investors rotate into the space.
Limited to U.S. markets; no immediate global macro effect.
Counterpoint
If the guidance assumes continued high defense spending, any slowdown in government budgets could pressure the stock.
Key entities
- CompanyL3Harris Technologies
U.S. defense and aerospace contractor.
