L3Harris Q1 revenue up 12% to $5.7 billion, EPS up 33%, raises 2026 EPS guidance
L3Harris reported first quarter 2026 revenue of $5.7 billion, up 12% from a year earlier, and GAAP diluted EPS of $2.72, up 33%. The company raised its 2026 EPS guidance to $11.40-$11.60 from $11.30-$11.50, but free cash flow was negative $187 million in the quarter.
Key points
- Revenue of $5,744 million, up from $5,132 million in the first quarter of 2025; organic growth of 15%
- GAAP diluted EPS of $2.72 versus $2.04 a year earlier; operating margin 11.4%, up 120 bps
- 2026 EPS guidance raised to $11.40-$11.60 from $11.30-$11.50; free cash flow guidance of $3.0 billion unchanged
- Cash used in operations was $95 million; free cash flow was negative $187 million versus negative $101 million a year earlier
The filing
Written by AI on Nov 8, 2026, 1:42 AM ET, from this filing 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 April 30, 2026.
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.