HighGravityDataL3Harris Technologies — Oct 30, 2025 release
Fiscal 2026 third-quarter results · 8-K Item 2.02 · Exhibit 99.1 · 0000202058-25-000169
Showing in the filing
Revenue
“~$22B (Prior: ~$21.75B)”
Period
FY2025
Measure
GAAP-tied
Source
Guidance table
All guidance in this release · 17
Revenue for FY2025
“~$22B (Prior: ~$21.75B)”
Adjusted segment operating margin for FY2025
“high 15% (Prior: mid - high 15%)”
Non-GAAP diluted EPS for FY2025
“$10.50 - $10.70 (Prior: $10.40 - $10.60)”
Adjusted free cash flow for FY2025
“~$2.65B”
Communication Systems Revenue for FY2025
“~$5,700 (Prior: $5,600 - $5,700)”
Communication Systems Operating margin for FY2025
“~25%”
Integrated Mission Systems Revenue for FY2025
“~$6,500 (Prior: ~$6,400)”
Integrated Mission Systems Operating margin for FY2025
“low - mid 12% (Prior: ~12%)”
Space and Airborne Systems Revenue for FY2025
“~$7,100”
Space and Airborne Systems Operating margin for FY2025
“low 12%”
Aerojet Rocketdyne Revenue for FY2025
“$2,800 - $2,900 (Prior: ~$2,800)”
Aerojet Rocketdyne Operating margin for FY2025
“mid 12%”
FAS/CAS operating adjustment for FY2025
“~$15 million”
Non-service FAS pension income for FY2025
“~$285 million”
Net interest expense for FY2025
“~$600 million”
Effective tax rate on non-GAAP income for FY2025
“13.5% - 14.5%”
Capital expenditures for FY2025
“~2% revenue”
Exhibit 99.1 · the passage around this item
… earlier in the release
PAGE 1 SUMMARY FINANCIAL RESULTS* Third Quarter Year to Date 2025 Guidance ($ millions, except per share data) 2025 2024 1 Change 2025 2024 1 Change Revenue (see Table 4 for organic revenue) Communication Systems $ 1,462 $ 1,382 $ 4,190 $ 4,022 Integrated Mission Systems 1,700 1,608 4,914 4,906 Space & Airborne Systems 1,809 1,683 5,207 5,141 Aerojet Rocketdyne 755 669 2,082 1,886 Corporate eliminations (67) (50) (176) (153) Revenue $ 5,659 $ 5,292 7 % $ 16,217 $ 15,802 3 % ~$22B (Prior: ~$21.75B) Operating income Communication Systems 382 359 1,063 998 Integrated Mission Systems 204 204 621 589 Space & Airborne Systems 218 195 614 626 Aerojet Rocketdyne 96 76 265 234 Unallocated corporate items (279) (339) (846) (1,098) Operating income $ 621 $ 495 $ 1,717 $ 1,349 Adjusted segment operating income $ 900 $ 834 8 % $ 2,563 $ 2,447 5 % Margin Operating margin 11.0 % 9.4 % 10.6 % 8.5 % Adjusted segment operating margin 15.9 % 15.8 % 10 bps 15.8 % 15.5 % 30 bps high 15% (Prior: mid - high 15%) Tax rate Effective tax rate (GAAP) 18.5 % 6.0 % 15.7 % 4.9 % Effective tax rate (non-GAAP) 15.6 % 9.7 % 13.0 % 7.8 % EPS Diluted EPS $ 2.46 $ 2.10 $ 6.92 $ 5.50 Non-GAAP diluted EPS $ 2.70 $ 2.46 10 % $ 7.87 $ 7.10 11 % $10.50 - $10.70 (Prior: $10.40 - $10.60) Pension adjusted non-GAAP diluted EPS $ 2.36 $ 2.05 15 % $ 6.74 $ 5.83 16 % Diluted weighted-average common shares outstanding 188.1 190.5 188.6 190.7 Cash flow Cash from operations $ 546 $ 780 (30 %) $ 1,144 $ 1,430 (20 %) Adjusted free cash flow $ 449 $ 728 (38 %) $ 951 $ 1,286 (26 %) ~$2.65B Repurchases of common stock $ 176 $ 190 (7 %) $ 998 $ 512 95 % *A reconciliation of adjusted segment operating income and margin, non-GA
later in the release …
the item shown at left
other guidance in this release
Text is the filed exhibit, verbatim.