L3Harris Technologies — Jul 29, 2026 release
Fiscal 2027 second-quarter results · 8-K Item 2.02 · Exhibit 99.1 · 0000202058-26-000054
Showing in the filing
Diluted EPS
“$11.80 - $12.00 (Prior: $11.40 - $11.60)”
Period
FY2026
Measure
GAAP-tied
Source
Guidance table
All guidance in this release · 13
Revenue for FY2026
“$23.2B - $23.7B (Prior: $23B - $23.5B)”
Segment operating margin for FY2026
“low 16%”
Diluted EPS for FY2026
“$11.80 - $12.00 (Prior: $11.40 - $11.60)”
Cash from operations for FY2026
“$3.6B”
Free cash flow for FY2026
“$3.0B”
Net cash provided by operating activities for FY2026
“approximately $3.6 billion”
Capital expenditures for FY2026
“approximately $600 million”
Space & Mission Systems Revenue for FY2026
“~$11,700 (Prior: ~$11,500)”
Space & Mission Systems Operating margin for FY2026
“mid 10%”
Communications & Spectrum Dominance Revenue for FY2026
“~$8,000”
Communications & Spectrum Dominance Operatin… for FY2026
“mid 25% (Prior: ~25%)”
Missile Solutions Revenue for FY2026
“~$4,100”
Missile Solutions Operating margin for FY2026
“low 12%”
Exhibit 99.1 · the passage around this item
… earlier in the release
Strong orders, record backlog and double-digit first half growth reinforce our multi-year track record of delivering on our financial commitments.” PAGE 1 SUMMARY FINANCIAL RESULTS Second Quarter Year to Date 2026 Guidance ($ millions, except per share data) 2026 2025 2026 2025 Revenue Space & Mission Systems $ 2,966 $ 2,770 $ 5,956 $ 5,181 Communications & Spectrum Dominance 1,943 1,861 3,798 3,670 Missile Solutions 1,054 925 2,044 1,765 Intersegment (82) (130) (173) (204) Segment revenue 1 5,881 5,426 11,625 10,412 Other 2 — — — 146 Revenue $ 5,881 $ 5,426 $ 11,625 $ 10,558 $23.2B - $23.7B (Prior: $23B - $23.5B) Operating income Space & Mission Systems $ 290 $ 289 $ 603 $ 527 Communications & Spectrum Dominance 522 458 987 901 Missile Solutions 130 116 254 212 Segment operating income 1 942 863 1,844 1,640 Unallocated corporate items and other, net 2 (see Table 4) (288) (292) (538) (544) Operating income $ 654 $ 571 $ 1,306 $ 1,096 Operating margin 11.1 % 10.5 % 11.2 % 10.4 % Segment operating margin 1 16.0 % 15.9 % 15.9 % 15.8 % low 16% Tax rate Effective tax rate 15.5 % 12.6 % 14.4 % 14.1 % GAAP EPS Diluted EPS $ 3.13 $ 2.44 $ 5.85 $ 4.48 $11.80 - $12.00 (Prior: $11.40 - $11.60) Diluted weighted-average common shares outstanding 187.3 187.8 187.7 188.5 Cash flow Cash from operations $ 879 $ 640 $ 784 $ 598 $3.6B Free cash flow 3 $ 771 $ 561 $ 584 $ 460 $3.0B Repurchases of common stock $ 229 $ 253 $ 525 $ 822 Dividends paid $ 232 $ 225 $ 470 $ 453 1 Segment revenue, operating income, and margin are non-GAAP Financial Measures as defined by Regulation G and reconciled to GAAP in Table 5 . A reconciliation of segment operating margin on a forward-looking basis to GAAP is not available without unreasonable effort due to the unavailability of items for exclusion from the GAAP measure. We are unable to address the probable significance of this information, the variability of which may have a significant impact on future GAAP results. 2 Includes other non-reportable businesses, which is the divested Commercial Aviation Solutions business ("CAS disposal group"). 3 Free cash flow is a non-GAAP Financial Measure defined and reconciled to GAAP in Table 6 . Net cash provided by operating activities is anticipated to be approximately $3.6 billion and capital expenditures are anticipated to be approximately $600 million. PAGE 2 Revenue: Second quarter revenue increase
later in the release …
the item shown at left
other guidance in this release
Text is the filed exhibit, verbatim.