Inferra AI / Company / LHX
L3Harris
LHX · Industrials
Last earnings Oct 29, 2026
Key results
Revenuequarter
$5.7 billion
Revenue of $5.7 billion, up 7% versus prior year, and 10% organically
SEC original ↗L3Harris — Earnings release (8-K exhibit)EX-99Oct 30, 2025
Growthquarter
up 7%
Revenue of $5.7 billion, up 7% versus prior year, and 10% organically
SEC original ↗L3Harris — Earnings release (8-K exhibit)EX-99Oct 30, 2025
Operating marginquarter
11.0%
Operating margin of 11.0% Adjusted segment
SEC original ↗L3Harris — Earnings release (8-K exhibit)EX-99Oct 30, 2025
operating margin of 15.9%
SEC original ↗L3Harris — Earnings release (8-K exhibit)EX-99Oct 30, 2025
PAGE 2 Revenue Third quarter revenue increased 7%, 10% organically, reflecting growth across all segments, primarily from higher volumes, including new program ramps and increased international deliveries.
SEC original ↗L3Harris — Earnings release (8-K exhibit)EX-99Oct 30, 2025
GAAP operating marginquarter
11.0%
Operating Margin GAAP Operating Margin Third quarter increased 160 bps to 11.0% primarily driven by the absence of business divestiture-related losses, lower amortization of acquisition-related intangibles, and lower LHX NeXt implementation costs.
SEC original ↗L3Harris — Earnings release (8-K exhibit)EX-99Oct 30, 2025
Adjusted Segment operating marginquarter
15.9%
Adjusted Segment Operating Margin Third quarter increased 10 bps to 15.9% primarily driven by improved program performance and LHX NeXt driven cost savings across all segments, partially offset by impacts from higher margin Commercial Aviation Solutions (CAS) divestiture.
SEC original ↗L3Harris — Earnings release (8-K exhibit)EX-99Oct 30, 2025
GAAP EPSquarter
17%
Diluted EPS GAAP Diluted EPS Third quarter increased 17% to $2.46 driven by higher operating income and lower interest expense from decreased average outstanding short-term debt balances during third quarter 2025, partially offset by a higher effective tax rate.
SEC original ↗L3Harris — Earnings release (8-K exhibit)EX-99Oct 30, 2025
Pension Adjusted Non-GAAP EPSquarter
10%
Non-GAAP Diluted EPS and Pension Adjusted Non-GAAP Diluted EPS Third quarter increased 10% to $2.70 and 15% to $2.36, respectively, from higher adjusted segment operating income and lower interest expense from decreased average outstanding short-term debt balances during third quarter 2025, partially offset by a higher effective tax rate.
SEC original ↗L3Harris — Earnings release (8-K exhibit)EX-99Oct 30, 2025
AI analysis
Q3 2025 · reported Oct 30, 2025
Based on: Earnings release + parent 8-K — transcript not held
The quarter in charts
Guidance ladder — revenue
Delivered vs the company's guided range
EX-99 · Oct 30, 2025 Guide as stated by the company; range and midpoint computed from the stated figure.
Headline figures
| Metric | Q3 2025 | Prior qtr | Year ago |
|---|---|---|---|
| Revenue | $5.7 billion | — | — |
| Growth | up 7% | — | — |
| Operating margin | 11.0% | — | — |
| GAAP operating margin | 11.0% | — | — |
| Adjusted Segment operating margin | 15.9% | — | — |
| GAAP EPS | 17% | — | — |
| Pension Adjusted Non-GAAP EPS | 10% | — | — |
Guidance · company-stated
“Highlights* Orders of $6.7 billion book-to-bill of 1.2x Revenue of $5.7 billion, up 7% versus prior year, and 10% organically Operating margin of 11.0% Adjusted segment operating margin of 15.9% Diluted EPS of $2.46 Non-GAAP diluted EPS of $2.70, up 10% versus prior year 2025 guidance increased on strong performance and higher expectations We delivered another strong quarter, with robust organic revenue growth of 10%, reflecting our commitment to operational excellence and relentless focus on execution as drivers of profitable growth.”
“PAGE 3 SEGMENT RESULTS* Communication Systems Third Quarter Year to Date 2025 Guidance ($ millions) 2025 2024 Change 2025 2024 Change Revenue $ 1,462 $ 1,382 6% $ 4,190 $ 4,022 4% $5,700 (Prior $5,600 - $5,700) Operating margin 26.1 % 26.0 % 10 bps 25.4 % 24.8 % 60 bps 25% Revenue Third quarter revenue increased 6% primarily driven by increased international deliveries for software-defined resilient communications and data-link equipment, as well as Next Generation Jammer program ramp, our flagship Electronic Warfare tactical jamming pod.”
“Integrated Mission Systems Third Quarter Year to Date 2025 Guidance ($ millions) 2025 2024 Change 2025 2024 Change Revenue $ 1,700 $ 1,608 6% $ 4,914 $ 4,906 % $6,500 (Prior $6,400) Operating margin 12.0 % 12.7 % (70) bps 12.6 % 12.0 % 60 bps low - mid 12% (Prior 12%) Revenue Third quarter revenue increased 6%.”
“PAGE 4 Space and Airborne Systems Third Quarter Year to Date 2025 Guidance ($ millions) 2025 2024 Change 2025 2024 Change Revenue $ 1,809 $ 1,683 7% $ 5,207 $ 5,141 1% $7,100 Operating margin 12.1 % 11.6 % 50 bps 11.8 % 12.2 % (40) bps low 12% Revenue Third quarter revenue increased 7%, primarily from increased FAA volume in our Mission Networks business and higher volume in our Airborne Combat Systems business, partially offset by lower classified program volume in our Intel and Cyber business.”
“Aerojet Rocketdyne Third Quarter Year to Date 2025 Guidance ($ millions) 2025 2024 Change 2025 2024 Change Revenue $ 755 $ 669 13% $ 2,082 $ 1,886 10% $2,800 - $2,900 (Prior $2,800) Operating margin 12.7 % 11.4 % 130 bps 12.7 % 12.4 % 30 bps mid 12% Revenue Third quarter revenue increased 13%.”
“htm EX-99.1 Document Exhibit 99.1 Earnings Release L3Harris Technologies Reports Strong Third Quarter 2025 Results, Increases 2025 Guidance MELBOURNE, Fla.”
“We are not assuming, and forward-looking guidance for 2025 does not assume, impacts from a further prolonged government shutdown or any reduction in spending following the government shutdown.”
“Examples include, but are not limited to share repurchases divestiture and realignment impacts 2025 guidance, including Q4 cash generation the duration of delays in payment budget increases anticipated LHX NeXt initiative costs and savings supplemental information for 2025 projection of other financial items and assumptions underlying any of the foregoing.”
Primary outlook statements conflict; no label forced — evidence preserved.
Margin
Capital allocation
Diluted EPS GAAP Diluted EPS Third quarter increased 17% to $2.46 driven by higher operating income and lower interest expense from decreased average outstanding short-term debt balances during third quarter 2025, partially offset by a higher effective tax rate.
What changed vs last quarter
- Guide midpoint vs latest-quarter revenue +17.5% computed from stated figures
Event summary
Earnings Release L3Harris Technologies Reports Strong Third Quarter 2025 Results, Increases 2025 Guidance
Based on: Earnings release + parent 8-K — transcript not held
Guidance & outlook
Revenue: “Highlights* Orders of $6.7 billion book-to-bill of 1.2x Revenue of $5.7 billion, up 7% versus prior year, and 10% organically Operating margin of 11.0% Adjusted segment operating margin of 15.9% Diluted EPS of $2.46 Non-GAAP diluted EPS of $2.70, up 10% versus prior year 2025 guidance increased on strong performance and higher expectations We delivered another strong quarter, with robust organic revenue growth of 10%, reflecting our commitment to operational excellence and relentless focus on execution as drivers of profitable growth.”
Revenue: “PAGE 3 SEGMENT RESULTS* Communication Systems Third Quarter Year to Date 2025 Guidance ($ millions) 2025 2024 Change 2025 2024 Change Revenue $ 1,462 $ 1,382 6% $ 4,190 $ 4,022 4% $5,700 (Prior $5,600 - $5,700) Operating margin 26.1 % 26.0 % 10 bps 25.4 % 24.8 % 60 bps 25% Revenue Third quarter revenue increased 6% primarily driven by increased international deliveries for software-defined resilient communications and data-link equipment, as well as Next Generation Jammer program ramp, our flagship Electronic Warfare tactical jamming pod.”
Revenue: “Integrated Mission Systems Third Quarter Year to Date 2025 Guidance ($ millions) 2025 2024 Change 2025 2024 Change Revenue $ 1,700 $ 1,608 6% $ 4,914 $ 4,906 % $6,500 (Prior $6,400) Operating margin 12.0 % 12.7 % (70) bps 12.6 % 12.0 % 60 bps low - mid 12% (Prior 12%) Revenue Third quarter revenue increased 6%.”
Revenue: “PAGE 4 Space and Airborne Systems Third Quarter Year to Date 2025 Guidance ($ millions) 2025 2024 Change 2025 2024 Change Revenue $ 1,809 $ 1,683 7% $ 5,207 $ 5,141 1% $7,100 Operating margin 12.1 % 11.6 % 50 bps 11.8 % 12.2 % (40) bps low 12% Revenue Third quarter revenue increased 7%, primarily from increased FAA volume in our Mission Networks business and higher volume in our Airborne Combat Systems business, partially offset by lower classified program volume in our Intel and Cyber business.”
Revenue: “Aerojet Rocketdyne Third Quarter Year to Date 2025 Guidance ($ millions) 2025 2024 Change 2025 2024 Change Revenue $ 755 $ 669 13% $ 2,082 $ 1,886 10% $2,800 - $2,900 (Prior $2,800) Operating margin 12.7 % 11.4 % 130 bps 12.7 % 12.4 % 30 bps mid 12% Revenue Third quarter revenue increased 13%.”
Company outlook — Raised (“Increases”)
“htm EX-99.1 Document Exhibit 99.1 Earnings Release L3Harris Technologies Reports Strong Third Quarter 2025 Results, Increases 2025 Guidance MELBOURNE, Fla.”
Revenue — Raised (“increased”)
“Highlights* Orders of $6.7 billion book-to-bill of 1.2x Revenue of $5.7 billion, up 7% versus prior year, and 10% organically Operating margin of 11.0% Adjusted segment operating margin of 15.9% Diluted EPS of $2.46 Non-GAAP diluted EPS of $2.70, up 10% versus prior year 2025 guidance increased on strong performance and higher expectations We delivered another strong quarter, with robust organic revenue growth of 10%, reflecting our commitment to operational excellence and relentless focus on execution as drivers of profitable growth.”
Company outlook — Lowered (“reduction”)
“We are not assuming, and forward-looking guidance for 2025 does not assume, impacts from a further prolonged government shutdown or any reduction in spending following the government shutdown.”
Revenue — Raised (“increased”)
“PAGE 3 SEGMENT RESULTS* Communication Systems Third Quarter Year to Date 2025 Guidance ($ millions) 2025 2024 Change 2025 2024 Change Revenue $ 1,462 $ 1,382 6% $ 4,190 $ 4,022 4% $5,700 (Prior $5,600 - $5,700) Operating margin 26.1 % 26.0 % 10 bps 25.4 % 24.8 % 60 bps 25% Revenue Third quarter revenue increased 6% primarily driven by increased international deliveries for software-defined resilient communications and data-link equipment, as well as Next Generation Jammer program ramp, our flagship Electronic Warfare tactical jamming pod.”
Revenue — Raised (“increased”)
“Integrated Mission Systems Third Quarter Year to Date 2025 Guidance ($ millions) 2025 2024 Change 2025 2024 Change Revenue $ 1,700 $ 1,608 6% $ 4,914 $ 4,906 % $6,500 (Prior $6,400) Operating margin 12.0 % 12.7 % (70) bps 12.6 % 12.0 % 60 bps low - mid 12% (Prior 12%) Revenue Third quarter revenue increased 6%.”
Revenue — Raised (“increased”)
“PAGE 4 Space and Airborne Systems Third Quarter Year to Date 2025 Guidance ($ millions) 2025 2024 Change 2025 2024 Change Revenue $ 1,809 $ 1,683 7% $ 5,207 $ 5,141 1% $7,100 Operating margin 12.1 % 11.6 % 50 bps 11.8 % 12.2 % (40) bps low 12% Revenue Third quarter revenue increased 7%, primarily from increased FAA volume in our Mission Networks business and higher volume in our Airborne Combat Systems business, partially offset by lower classified program volume in our Intel and Cyber business.”
Revenue — Raised (“increased”)
“Aerojet Rocketdyne Third Quarter Year to Date 2025 Guidance ($ millions) 2025 2024 Change 2025 2024 Change Revenue $ 755 $ 669 13% $ 2,082 $ 1,886 10% $2,800 - $2,900 (Prior $2,800) Operating margin 12.7 % 11.4 % 130 bps 12.7 % 12.4 % 30 bps mid 12% Revenue Third quarter revenue increased 13%.”
Company outlook — Raised (“increases”)
“Examples include, but are not limited to share repurchases divestiture and realignment impacts 2025 guidance, including Q4 cash generation the duration of delays in payment budget increases anticipated LHX NeXt initiative costs and savings supplemental information for 2025 projection of other financial items and assumptions underlying any of the foregoing.”
Primary outlook statements conflict; no label forced — evidence preserved.
Capital allocation
Diluted EPS GAAP Diluted EPS Third quarter increased 17% to $2.46 driven by higher operating income and lower interest expense from decreased average outstanding short-term debt balances during third quarter 2025, partially offset by a higher effective tax rate.
SEC original ↗L3Harris — Earnings release (8-K exhibit)EX-99Oct 30, 2025
Non-GAAP Diluted EPS and Pension Adjusted Non-GAAP Diluted EPS Third quarter increased 10% to $2.70 and 15% to $2.36, respectively, from higher adjusted segment operating income and lower interest expense from decreased average outstanding short-term debt balances during third quarter 2025, partially offset by a higher effective tax rate.
SEC original ↗L3Harris — Earnings release (8-K exhibit)EX-99Oct 30, 2025
PAGE 5 SUPPLEMENTAL INFORMATION 2025 Other Information Current Prior FAS CAS operating adjustment $15 million $15 million Non-service FAS pension income $285 million $285 million Net interest expense $600 million $600 million Effective tax rate on non-GAAP income 1 13.5% - 14.5% 13.5% - 14.5% Weighted-average diluted shares 188 188 Capital expenditures 2% revenue 2% revenue 1 Non-GAAP diluted EPS and effective tax rate on non-GAAP income are non-GAAP financial measures defined on page 16 .
SEC original ↗L3Harris — Earnings release (8-K exhibit)EX-99Oct 30, 2025
Examples include, but are not limited to share repurchases divestiture and realignment impacts 2025 guidance, including Q4 cash generation the duration of delays in payment budget increases anticipated LHX NeXt initiative costs and savings supplemental information for 2025 projection of other financial items and assumptions underlying any of the foregoing.
SEC original ↗L3Harris — Earnings release (8-K exhibit)EX-99Oct 30, 2025
Adjusted free cash flow* Net cash provided by operating activities less capital expenditures, plus proceeds from disposal of property, plant and equipment and cash used for merger, acquisition and severance reconciled in Table 8.
SEC original ↗L3Harris — Earnings release (8-K exhibit)EX-99Oct 30, 2025
Strategy & priorities
Operating margin of 11.0% Adjusted segment operating margin of 15.9% Diluted EPS of $2.46 Non-GAAP diluted EPS of $2.70, up 10% versus prior year 2025 guidance increased on strong performance and higher expectations We delivered another strong quarter, with robust organic revenue growth of 10%, reflecting our commitment to operational excellence and relentless focus on execution as drivers of profitable growth.
SEC original ↗L3Harris — Earnings release (8-K exhibit)EX-99Oct 30, 2025
We are driving sustained performance, marking our eighth consecutive quarter of year-over-year adjusted segment operating margin expansion, and advancing our strategic priorities in support of our customers missions.
SEC original ↗L3Harris — Earnings release (8-K exhibit)EX-99Oct 30, 2025
1 2024 segment financial results recast to reflect strategic realignment of the Fuzing and Ordnance Systems (FOS) business from Integrated Mission Systems to Aerojet Rocketdyne, effective in 2025.
SEC original ↗L3Harris — Earnings release (8-K exhibit)EX-99Oct 30, 2025
Operating Margin Third quarter operating margin increased 50 bps to 12.1%, primarily due to improved program performance on classified development programs in our Space Systems business, monetization of legacy end-of-life assets aligned with our transformation and value creation priorities, and LHX NeXt driven cost savings, partially offset by unfavorable mix.
SEC original ↗L3Harris — Earnings release (8-K exhibit)EX-99Oct 30, 2025
Examples include, but are not limited to share repurchases divestiture and realignment impacts 2025 guidance, including Q4 cash generation the duration of delays in payment budget increases anticipated LHX NeXt initiative costs and savings supplemental information for 2025 projection of other financial items and assumptions underlying any of the foregoing.
SEC original ↗L3Harris — Earnings release (8-K exhibit)EX-99Oct 30, 2025
Risks & headwinds
Government spending priorities changes in contract mix inflation tariffs and potential trade disputes unilateral contract action by the U.
SEC original ↗L3Harris — Earnings release (8-K exhibit)EX-99Oct 30, 2025
Earnings deck slides
0 decks with slide viewL3Harris — Presentation / slide deck (8-K exhibit) — Slide view unavailable — this deck was filed as a web document, whose text has no page boundaries.
L3Harris — Presentation / slide deck (8-K exhibit) — Slide view unavailable — this deck was filed as a web document, whose text has no page boundaries.
L3Harris — Presentation / slide deck (8-K exhibit) — Slide view unavailable — this deck was filed as a web document, whose text has no page boundaries.
Competitors
Competitors & peers
Same GICS sector — classification peers, not declared competitors
Filings
65 documents- Q3 2026
- 8-KLHX
Oct 29, 2026
- 10-QLHX
Oct 29, 2026
- 8-KLHX
Oct 22, 2026
- Q2 2026
- 8-KLHX
Aug 17, 2026
- 10-QLHX
Jul 30, 2026
- 8-KLHX
Jul 29, 2026
- 8-KLHX
Jul 24, 2026
- Q1 2026
- 8-KLHX
May 12, 2026
- 10-QLHX
Apr 30, 2026
- 8-KLHX
Apr 30, 2026
- 8-KLHX
Apr 23, 2026
- Q4 2025
- 8-KLHX
Mar 12, 2026
- 8-KLHX
Mar 2, 2026
- 10-KLHX
Feb 12, 2026
- 8-KLHX
Feb 6, 2026
- 8-KLHX
Jan 29, 2026
- 8-KLHX
Jan 5, 2026
- EX-99LHX
Jan 5, 2026
- Q3 2025
- 10-QLHX
Oct 30, 2025
- 8-KLHX
Oct 30, 2025
- Q2 2025
- 10-QLHX
Jul 24, 2025
- 8-KLHX
Jul 24, 2025
- 8-KLHX
Jul 18, 2025
- Q1 2025
- 8-KLHX
Jun 13, 2025
- 8-KLHX
Apr 30, 2025
- 10-QLHX
Apr 24, 2025
- 8-KLHX
Apr 24, 2025
- 8-KLHX
Apr 22, 2025
- Q4 2024
- 8-KLHX
Feb 21, 2025
- 10-KLHX
Feb 14, 2025
- 8-KLHX
Feb 4, 2025
- 8-KLHX
Jan 30, 2025
- Q3 2024
- 8-KLHX
Dec 27, 2024
- 8-KLHX
Nov 27, 2024
- 10-QLHX
Oct 25, 2024
- 8-KLHX
Oct 24, 2024
- 8-KLHX
Oct 16, 2024
- Q2 2024
- 8-KLHX
Aug 2, 2024
- 8-KLHX
Jul 29, 2024
- 10-QLHX
Jul 26, 2024
- 8-KLHX
Jul 25, 2024
- 8-KLHX
Jul 15, 2024
- Q1 2024
- 10-QLHX
Apr 26, 2024
- 8-KLHX
Apr 25, 2024
- 8-KLHX
Apr 23, 2024
- 8-KLHX
Apr 10, 2024
- Q4 2023
- 8-KLHX
Mar 14, 2024
- 8-KLHX
Feb 23, 2024
- 10-KLHX
Feb 20, 2024
- 8-KLHX
Jan 31, 2024
- 8-KLHX
Jan 25, 2024
- Q3 2023
- 8-KLHX
Dec 29, 2023
- 8-KLHX
Dec 15, 2023
- 8-KLHX
Dec 11, 2023
- 8-KLHX
Dec 4, 2023
- 10-QLHX
Oct 27, 2023
- 8-KLHX
Oct 26, 2023
- EX-99LHX
Oct 26, 2023
- Q2 2023
- 8-KLHX
Jul 31, 2023
- 8-KLHX
Jul 28, 2023
- 8-K/ALHX
Jul 27, 2023
- 8-KLHX
Jul 26, 2023
- 10-QLHX
Jul 26, 2023
- EX-99LHX
Jul 26, 2023
- 8-KLHX
Jul 24, 2023
Earnings releases
19 documents- Q3 2026
- EX-99LHX
Oct 29, 2026
- EX-99LHX
Oct 22, 2026
- Q2 2026
- EX-99LHX
Aug 17, 2026
- EX-99LHX
Jul 29, 2026
- Q1 2026
- EX-99LHX
Apr 30, 2026
- EX-99LHX
Apr 23, 2026
- Q4 2025
- EX-99LHX
Mar 12, 2026
- EX-99LHX
Mar 2, 2026
- EX-99LHX
Jan 29, 2026
- Q3 2025
- EX-99LHX
Oct 30, 2025
- Q2 2025
- EX-99LHX
Jul 24, 2025
- Q1 2025
- EX-99LHX
Apr 24, 2025
- Q4 2024
- EX-99LHX
Jan 30, 2025
- Q3 2024
- EX-99LHX
Oct 24, 2024
- EX-99LHX
Oct 16, 2024
- Q2 2024
- EX-99LHX
Jul 25, 2024
- Q1 2024
- EX-99LHX
Apr 25, 2024
- Q4 2023
- EX-99LHX
Jan 25, 2024
- Q2 2023
- EX-99LHX
Jul 27, 2023
Presentations
3 documents
Transcripts
0 documentsNo transcripts for L3Harris are held in this edition of the library.
Mentioned by
8 companiesOther tracked companies whose held documents mention L3Harris by name or ticker. A mention is counted once per document, from the document text the library holds.
“The Legacy Contracts include one that was inherited with CAE’s fiscal 2022 acquisition of L3Harris Technologies’ Military Training business and have completion dates mainly within the Company’s… … (0.1) 3.5 7.7 9.2 (Loss) earnings per share att”
“or year goodwill impairment associated… … Net income per common share attributable to L3Harris Technologies, Inc. common shareholders Basic $ 2.38 $ 0.83 $ 7.91 $ 6.47 Diluted $ 2.37 $ 0.83 $ 7.87 $ 6.44 Basic weighted-average common… …un”
“ating Margin, GAAP Earnings Per Share and Free Cash Flow MELBOURNE, Fla., Aug. 17, 2026 — L3Harris Technologies (NYSE: LHX) today announced that its Board of… …Chairman and CEO Reaffirms 2026 Consolidated Revenue, Organic Growth, Segment Operating Ma”
“conditions; unexpected geo-political events; and other impairments to achieve benefits to L3Harris from the investment, in a timely manner or at all. In addition, important… …of federal securities laws made in reliance on the safe harbor provisions o”
“ Amortization of acquisition-related intangibles $ 177 $ 193 $ 350 $ 387 LHX NeXt implementation costs 1 — 39 — 74 Business … …common shareholders $ 586 $ 458 $ 1,098 $ 844 Earnings per share available to common shareholders ”
“llocated corporate items: Amortization of acquisition-related intangibles $ 173 $ 194 LHX NeXt implementation costs 1 — 35 Business divestiture-related… …(73) Net income $ 512 $ 386 Earnings per share attributable to common shareh”
“conditions; unexpected geo-political events; and other impairments to achieve benefits to L3Harris from the investment, in a timely manner or at all. In addition, important… …of federal securities laws made in reliance on the safe harbor provisions o”
BigBear.ai Holdings, Inc. (BBAI)
“ve been consummated,… …and Reporting Segment Changes Strategic partnership announced with L3Harris and BigBear.ai to deliver artificial intelligence (AI) and autonomous surface vessel (ASV) capabilities for current and future defense programs Reitera”
See also the earnings calendar for every tracked company’s next earnings date.