Form 10-Q · Quarterly report
L3Harris 10-Q, filed Jul 30, 2026
- Filed
- CIK
- 0000202058
- Accession no.
- 0000202058-26-000058
Summary
L3Harris reported second-quarter 2026 revenue of $5.881 billion, up 8% from a year earlier, and net income of $600 million, or $3.13 per diluted share, with U.S. Government customers accounting for 74% of year-to-date revenue. Management said the U.S. and international defense budget environment is evolving, with the GFY 2027 President's Budget Request seeking about $1.5 trillion for national defense and NATO allies committing to spend 5% of GDP on defense and security over the next decade.
Key points
- L3Harris second-quarter 2026 revenue rose 8% to $5.881 billion, and year-to-date revenue rose 10% to $11.625 billion.
- Second-quarter net income available to common shareholders was $586 million, or $3.13 per diluted share.
- The GFY 2027 President's Budget Request seeks about $1.5 trillion for national defense, including $1.1 trillion for the DoW base budget and $350 billion in reconciliation funding.
- L3Harris said it does not expect a material impact on its 2026 results from tariffs based on current conditions, while continuing to monitor trade policy developments.
Written by an AI model from the filing text. It can be incomplete or wrong; the filing on SEC.gov is the record.
From the filing
ITEM 2. MANAGEMENT’S DISCUSSION OVERVIEW We are the Trusted Disruptor in the defense industry. With customers’ mission-critical needs always in mind, we deliver end-to-end technology solutions connecting the space, air, land, sea and cyber domains in the interest of national security. We support government customers in more than 100 countries, with our largest customers being various departments and agencies of the U.S. Government, their prime contractors and international allies. Our products, systems and services have defense and civil government applications, as well as commercial applications. The percentage of our revenue that was derived from sales to U.S. …
An excerpt of the text as filed with the SEC, cut for length.
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