L3Harris Technologies — Jul 29, 2026 release
Fiscal 2027 second-quarter results · 8-K Item 2.02 · Exhibit 99.1 · 0000202058-26-000054
Showing in the filing
Revenue
“$23.2B - $23.7B (Prior: $23B - $23.5B)”
Period
FY2026
Measure
GAAP-tied
Source
Guidance table
All guidance in this release · 13
Revenue for FY2026
“$23.2B - $23.7B (Prior: $23B - $23.5B)”
Segment operating margin for FY2026
“low 16%”
Diluted EPS for FY2026
“$11.80 - $12.00 (Prior: $11.40 - $11.60)”
Cash from operations for FY2026
“$3.6B”
Free cash flow for FY2026
“$3.0B”
Net cash provided by operating activities for FY2026
“approximately $3.6 billion”
Capital expenditures for FY2026
“approximately $600 million”
Space & Mission Systems Revenue for FY2026
“~$11,700 (Prior: ~$11,500)”
Space & Mission Systems Operating margin for FY2026
“mid 10%”
Communications & Spectrum Dominance Revenue for FY2026
“~$8,000”
Communications & Spectrum Dominance Operatin… for FY2026
“mid 25% (Prior: ~25%)”
Missile Solutions Revenue for FY2026
“~$4,100”
Missile Solutions Operating margin for FY2026
“low 12%”
Exhibit 99.1 · the passage around this item
… earlier in the release
Strong orders, record backlog and double-digit first half growth reinforce our multi-year track record of delivering on our financial commitments.” PAGE 1 SUMMARY FINANCIAL RESULTS Second Quarter Year to Date 2026 Guidance ($ millions, except per share data) 2026 2025 2026 2025 Revenue Space & Mission Systems $ 2,966 $ 2,770 $ 5,956 $ 5,181 Communications & Spectrum Dominance 1,943 1,861 3,798 3,670 Missile Solutions 1,054 925 2,044 1,765 Intersegment (82) (130) (173) (204) Segment revenue 1 5,881 5,426 11,625 10,412 Other 2 — — — 146 Revenue $ 5,881 $ 5,426 $ 11,625 $ 10,558 $23.2B - $23.7B (Prior: $23B - $23.5B) Operating income Space & Mission Systems $ 290 $ 289 $ 603 $ 527 Communications & Spectrum Dominance 522 458 987 901 Missile Solutions 130 116 254 212 Segment operating income 1 942 863 1,844 1,640 Unallocated corporate items and other, net 2 (see Table 4) (288) (292) (538) (544) Operating income $ 654 $ 571 $ 1,306 $ 1,096 Operating margin 11.1 % 10.5 % 11.2 % 10.4 % Segment operating margin 1 16.0 % 15.9 % 15.9 % 15.8 % low 16% Tax rate Effective tax rate 15.5 % 12.6 % 14.4 % 14.1 % GAAP EPS Diluted EPS $ 3.13 $ 2.44 $ 5.85 $ 4.48 $11.80 - $12.00 (Prior: $11.40 - $11.60) Diluted weighted-average common shares outstanding 187.3 187.8 187.7 188.5 Cash flow Cash from operations $ 879 $ 640 $ 784 $ 598 $3.6B Free cash flow 3 $ 771 $ 561 $ 584 $ 460 $3.0B Repurchases of common stock $ 229 $ 253 $ 525 $ 822 Dividends paid $ 232 $ 225 $ 470 $ 453 1 Segment revenue, operating income, and margin are non-GAAP Financial Measures as defined by Regulation G and reconciled to GAAP in Table 5 . A reconciliation of segment operating margin on a forward-looking basis to GAAP is not available without unreasonable effort due to the unavailability of items for exclusion from the GAAP measure. We ar
later in the release …
the item shown at left
other guidance in this release
Text is the filed exhibit, verbatim.