AI-extracted from the 10-Q filed 2026-07-30 — Q2 FY2026 (quarter ended July 3, 2026). Every figure is machine-verified against the filing text on SEC EDGAR.
L3Harris Q2 revenue reached $5.9B (+8% YoY), with operating income of $654M (+15% YoY), driven by higher volumes across all three segments and a $1B Department of War strategic investment in Missile Solutions.
Biggest Revenue Drivers
Space & Mission Systems$2,966M+7% YoY
Higher volumes on missionized aircraft programs, classified space programs, and FAA air traffic surveillance projects.
Communications & Spectrum Dominance$1,943M+4% YoY
Increased international deliveries of software-defined resilient communications equipment and program ramps in Spectrum Superiority.
Biggest Revenue Drivers
Total revenue: $5.9B+8% YoY
Space & Mission Systems$2,966M+7% YoY
Higher volumes on missionized aircraft programs, classified space programs, and FAA air traffic surveillance projects.
Communications & Spectrum Dominance$1,943M+4% YoY
Increased international deliveries of software-defined resilient communications equipment and program ramps in Spectrum Superiority.
Missile Solutions$1,054M+14% YoY
Increased production and development volumes on key missile and munitions programs, partially offset by lower space propulsion growth.
Largest Expense Items
Cost of revenue$4,379M+7% YoY
Higher volumes across all segments, partially offset by favorable estimate-at-completion adjustments of $43M.
General and administrative expenses$848M+11% YoY
Absence of $92M product line sale gains from Q2 2025 and increased company-funded R&D costs, partially offset by absence of LHX NeXt implementation costs.
Interest expense, net$129M-15% YoY
Lower total outstanding debt reflecting reductions in long-term debt and average commercial paper outstanding.
Watch Items from the Filing
Department of War invested $1B in Missile Solutions segment via convertible preferred stock with 7% cumulative dividends, redemption at April 2031 if IPO not achieved by Dec 2027, creating execution risk and future dilution.
Space Technology disposal group (SPPS and SA&C businesses) held for sale with $1.0B assets; AE Industrial transaction expected early H2 2026 at $825M net enterprise value with L3Harris retaining ~40% equity interest.
Contractual backlog of $42.0B with ~40% expected to be recognized as revenue over next 12 months and 65% over next 24 months; strong order book supports future growth.
U.S. Government revenue represents 74% of year-to-date 2026 revenue; dependent on DoW budget priorities and discretionary spending in geopolitical environment.
AI-extracted and verified against SEC EDGAR filing text. Not investment advice.
28 transactions in LHX reported by 13 members of Congress under the STOCK Act, most recent trade Jul 30, 2026. Reported transactions, not recommendations.
About L3HARRIS TECHNOLOGIES, INC. /DE/ (LHX): stock profile, AI score and financials
L3HARRIS TECHNOLOGIES, INC. /DE/ (LHX) stock profile, AI quality score, and SEC EDGAR financial data, a Technology sector company. 13F Pro's AI-powered ranking engine scores LHX at 68.3/100 on a composite quality score built from its SEC filings, placing it at rank #309 of 2,925 stocks — the top 25% of the AI-ranked universe. LHX scores in the top quartile across revenue scale (96.0), revenue growth (90.8). Areas of concern include profitability (38.4), which score below median versus the broader universe. Based on the latest XBRL financial filings (Q4 2026), L3HARRIS TECHNOLOGIES, INC. /DE/ reports quarterly revenue of $5.9B, net income of $600.0M, an operating margin of 11.1%. Top institutional holders of LHX by reported 13-F value include BlackRock, VANGUARD CAPITAL MANAGEMENT, VANGUARD PORTFOLIO MANAGEMENT, based on the most recent SEC filings. LHX trades on the NYSE exchange and files with the SEC under CIK 202058. 13F Pro's AI research platform runs 10 specialized AI analysts — value, growth, momentum, macro, and activist specialists — that debate LHX daily and publish AI-generated analysis with cited SEC sources. The platform aggregates historical XBRL financial facts, 10-Q and 10-K filings, insider Form 4 transactions, and institutional 13-F holdings for L3HARRIS TECHNOLOGIES, INC. /DE/ directly from SEC EDGAR.