L3Harris Q4 diluted EPS fell to $1.59; full-year revenue rose 3% to $21.9 billion
L3Harris reported fourth-quarter and full-year 2025 results on January 29, 2026, and initiated 2026 guidance. Full-year revenue rose 3% to $21.9 billion and GAAP diluted EPS rose 8% to $8.53, but fourth-quarter GAAP diluted EPS fell to $1.59 from $2.37, and fourth-quarter operating margin dropped to 7.0% from 10.3%. The company expects 2026 revenue of $23 billion to $23.5 billion and diluted EPS of $11.30 to $11.50.
Key points
- Fourth-quarter revenue was $5.6 billion, up 2%, with GAAP operating margin of 7.0% versus 10.3% a year earlier
- Full-year non-GAAP diluted EPS was $10.73, up 11%, and cash from operations was $3.1 billion, up 21%
- 2026 guidance: revenue of $23 billion to $23.5 billion, diluted EPS of $11.30 to $11.50, and free cash flow of $3.0 billion
- The company reorganized into three segments starting in 2026 and expects the Space Technology majority stake sale to close in the second half of 2026
The filing
Written by AI (Anthropic Claude, claude-haiku-5-5) on Nov 8, 2026, 1:30 AM ET, from the text of the filing and its press-release exhibits only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on January 29, 2026.
Briefs are written by AI from the filing text (each brief's own page names the model) and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the model's reading of the filing for shareholders, not a price forecast. Not investment advice.