HighGravityDataSigned in · PRO
Guidance history, every release
Raised · a change from the previous releaseSame · restated unchanged— · not stated in that releaseEvery value links to its sentence in the filing
| Metric | Oct 24, 2024 FY25 Q3 | Jan 30, 2025 FY25 Q4 | Apr 24, 2025 FY26 Q1 | Jul 24, 2025 FY26 Q2 | Oct 30, 2025 FY26 Q3 | Jan 29, 2026 FY26 Q4 | Apr 30, 2026 FY27 Q1 | Jul 29, 2026 FY27 Q2 |
|---|---|---|---|---|---|---|---|---|
| For FY2026 | ||||||||
| Communications & Spectrum Dominance Revenue | — | — | — | — | — | — | — | New“~$8,000” |
| Missile Solutions Revenue | — | — | — | — | — | — | — | New“~$4,100” |
| Revenue | — | — | — | — | — | — | New“$23B - $23.5B” | Raised“$23.2B - $23.7B (Prior: $23B - $23.5B)” |
| Revenue - Communication & Spectrum Dominance | — | — | — | — | — | New“~$8.0B” | — | — |
| Revenue - Missiles Solutions | — | — | — | — | — | New“~$4.4B” | — | — |
| Revenue - Space & Mission Systems | — | — | — | — | — | New“~$11.5B” | — | — |
| Revenue - Total | — | — | — | — | — | New“$23B - $23.5B” | — | — |
| Space & Mission Systems Revenue | — | — | — | — | — | — | — | New“~$11,700 (Prior: ~$11,500)” |
| Communications & Spectrum Dominance Operating margin | — | — | — | — | — | — | — | New“mid 25% (Prior: ~25%)” |
| Diluted EPS | — | — | — | — | — | New“$11.30 - $11.50” | Raised“$11.40 - $11.60 (Prior: $11.30 - $11.50)” | Raised“$11.80 - $12.00 (Prior: $11.40 - $11.60)” |
| Missile Solutions Operating margin | — | — | — | — | — | — | — | New“low 12%” |
| Segment operating margin | — | — | — | — | — | — | New“low 16%” | Reiterated“low 16%” |
| Segment Operating Margin - Communication & Spectrum Dominance | — | — | — | — | — | New“~25%” | — | — |
| Segment Operating Margin - Missiles Solutions | — | — | — | — | — | New“mid 12%” | — | — |
| Segment Operating Margin - Space & Mission Systems | — | — | — | — | — | New“mid 10%” | — | — |
| Segment Operating Margin - Total | — | — | — | — | — | New“low 16%” | — | — |
| Segment operating margins | New“at least 16%” | — | — | — | — | — | — | — |
| Space & Mission Systems Operating margin | — | — | — | — | — | — | — | New“mid 10%” |
| Capital expenditures | — | — | — | — | — | New“approximately $600M” | Reiterated“approximately $600M” | Reiterated“approximately $600 million” |
| Cash from operations | — | — | — | — | — | — | — | New“$3.6B” |
| Free cash flow | — | — | — | — | — | New“$3.0B” | Reiterated“$3.0B” | Reiterated“$3.0B” |
| Net cash provided by operating activities | — | — | — | — | — | New“approximately $3.6 billion” | Reiterated“approximately $3.6 billion” | Reiterated“approximately $3.6 billion” |
| For FY2025 | ||||||||
| Aerojet Rocketdyne Revenue | — | New“~$2.5B” | — | Raised“~$2,800” | Raised“$2,800 - $2,900 (Prior: ~$2,800)” | — | — | — |
| Communication Systems Revenue | — | New“$5.6B - $5.7B” | — | Reiterated“$5,600 - $5,700” | Raised“~$5,700 (Prior: $5,600 - $5,700)” | — | — | — |
| Integrated Mission Systems Revenue | — | New“$7.0B - $7.2B” | — | Lowered“~$6,400 (Prior: ~$6,300)” | Raised“~$6,500 (Prior: ~$6,400)” | — | — | — |
| Revenue | — | — | — | New“~$21.75B (Prior: $21.4B - 21.7B)” | Raised“~$22B (Prior: ~$21.75B)” | — | — | — |
| Revenue - Aerojet Rocketdyne | — | — | New“~$2.8B” | — | — | — | — | — |
| Revenue - Communication Systems | — | — | New“$5.6B - $5.7B” | — | — | — | — | — |
| Revenue - Integrated Mission Systems | — | — | New“~$6.3B” | — | — | — | — | — |
| Revenue - Space & Airborne Systems | — | — | New“$6.9B - $7.1B” | — | — | — | — | — |
| Revenue - Total Company | — | — | New“$21.4B - $21.7B” | — | — | — | — | — |
| Space & Airborne Systems Revenue | — | New“$6.9B - $7.1B” | — | — | — | — | — | — |
| Space and Airborne Systems Revenue | — | — | — | New“~$7,100 (Prior: $6,900 - $7,100)” | Reiterated“~$7,100” | — | — | — |
| Total Company Revenue | — | New“$21.8B - $22.2B” | — | — | — | — | — | — |
| Adjusted segment operating margin | — | — | — | New“mid - high 15%” | Reiterated“high 15% (Prior: mid - high 15%)” | — | — | — |
| Adjusted Segment Operating Margin - Aerojet Rocketdyne | — | — | New“mid 12%” | — | — | — | — | — |
| Adjusted Segment Operating Margin - Communication Systems | — | — | New“~25%” | — | — | — | — | — |
| Adjusted Segment Operating Margin - Integrated Mission Systems | — | — | New“high 11%” | — | — | — | — | — |
| Adjusted Segment Operating Margin - Space & Airborne Systems | — | — | New“low 12%” | — | — | — | — | — |
| Adjusted Segment Operating Margin - Total Company | — | — | New“mid - high 15%” | — | — | — | — | — |
| Aerojet Rocketdyne Adjusted Segment Operating Margin | — | New“mid 12%” | — | — | — | — | — | — |
| Aerojet Rocketdyne Operating margin | — | — | — | New“mid 12%” | Reiterated“mid 12%” | — | — | — |
| Communication Systems Adjusted Segment Operating Margin | — | New“high 24%” | — | — | — | — | — | — |
| Communication Systems Operating margin | — | — | — | New“~25%” | Reiterated“~25%” | — | — | — |
| Integrated Mission Systems Adjusted Segment Operating Margin | — | New“low 12%” | — | — | — | — | — | — |
| Integrated Mission Systems Operating margin | — | — | — | New“~12% (Prior: high 11%)” | Reiterated“low - mid 12% (Prior: ~12%)” | — | — | — |
| Non-GAAP diluted EPS | — | — | — | New“$10.40 - $10.60 (Prior: $10.30 - $10.50)” | Raised“$10.50 - $10.70 (Prior: $10.40 - $10.60)” | — | — | — |
| Non-GAAP diluted EPS (New) | — | New“$10.55 - $10.85” | — | — | — | — | — | — |
| Non-GAAP diluted EPS (Prior) | — | New“$13.70 - $14.00” | — | — | — | — | — | — |
| Non-GAAP diluted EPS (Updated) | — | — | New“$10.30 - $10.50” | — | — | — | — | — |
| Space and Airborne Systems Operating margin | — | — | — | New“low 12%” | Reiterated“low 12%” | — | — | — |
| Total Company Adjusted Segment Operating Margin | — | New“mid - high 15%” | — | — | — | — | — | — |
| Adjusted free cash flow | — | New“$2.4B - $2.5B” | Reiterated“$2.4B - $2.5B” | Raised“~$2.65B (Prior: $2.4B - $2.5B)” | Reiterated“~$2.65B” | — | — | — |
| Average diluted shares | — | New“~190” | — | — | — | — | — | — |
| Capital expenditures | — | New“~2% sales” | Reiterated“~2% revenue” | Reiterated“~2% revenue” | Reiterated“~2% revenue” | — | — | — |
| Effective tax rate on non-GAAP income | — | — | New“11.0% - 12.0%” | Raised“13.5% - 14.5%” | Reiterated“13.5% - 14.5%” | — | — | — |
| Effective tax rate on non-GAAP income (New) | — | New“11.0% - 12.0%” | — | — | — | — | — | — |
| FAS/CAS operating adjustment | — | New“~$15 million” | Reiterated“~$15 million” | Reiterated“~$15 million” | Reiterated“~$15 million” | — | — | — |
| Intangible amortization, net of income taxes | — | New“~(3.15)” | — | — | — | — | — | — |
| LHX NeXt overall cost-savings goal | — | New“$1.2 billion” | — | — | — | — | — | — |
| Net interest expense | — | New“~$630 million” | Lowered“~$600 million” | Reiterated“~$600 million” | Reiterated“~$600 million” | — | — | — |
| Non-service FAS pension income | — | — | — | New“~$285 million” | Reiterated“~$285 million” | — | — | — |
| Weighted-average diluted shares | — | — | New“188 - 189” | — | — | — | — | — |
| For FY2024 | ||||||||
| AR Revenue | New“$2,400 - $2,500” | — | — | — | — | — | — | — |
| CS Revenue | New“~$5,400 (Prior: $5,300 - $5,400)” | — | — | — | — | — | — | — |
| IMS Revenue | New“$6,600 - $6,700 (Prior: $6,500 - $6,700)” | — | — | — | — | — | — | — |
| Revenue | New“$21.1B - $21.3B (Prior: $21.0B - $21.3B)” | — | — | — | — | — | — | — |
| SAS Revenue | New“~$7,000” | — | — | — | — | — | — | — |
| Adjusted segment operating margin | New“~15.5% (Prior: 15.2% - 15.4%)” | — | — | — | — | — | — | — |
| AR Operating margin | New“mid 12% (Prior: high 11%)” | — | — | — | — | — | — | — |
| CS Operating margin | New“mid - high 24% (Prior: mid 24%)” | — | — | — | — | — | — | — |
| IMS Operating margin | New“mid - high 11% (Prior: mid 11%)” | — | — | — | — | — | — | — |
| Non-GAAP diluted EPS | New“$12.95 - $13.15 (Prior: $12.85 - $13.15)” | — | — | — | — | — | — | — |
| SAS Operating margin | New“low 12%” | — | — | — | — | — | — | — |
| Adjusted free cash flow | New“~$2.2B” | — | — | — | — | — | — | — |
| Average diluted shares | New“Flat” | — | — | — | — | — | — | — |
| Capital expenditures | New“~2% sales” | — | — | — | — | — | — | — |
| Effective tax rate on non-GAAP income | New“13.0% - 13.5%” | — | — | — | — | — | — | — |
| FAS/CAS operating adjustment | New“~$30 million” | — | — | — | — | — | — | — |
| LHX NeXt savings target | New“at least $600 million” | — | — | — | — | — | — | — |
| Net interest expense | New“~$660 million” | — | — | — | — | — | — | — |
| Non-service FAS pension income | New“~$310 million” | — | — | — | — | — | — | — |
| No period stated | ||||||||
| Effective tax rate on non-GAAP income | — | — | — | New“11.0% - 12.0%” | — | — | — | — |
| LHX NeXt cost savings opportunity | New“exceed the $1 billion target” | — | — | — | — | — | — | — |
| LHX NeXt overall savings target | New“$1 billion” | — | — | — | — | — | — | — |
| Non-service FAS pension income | — | — | — | New“~$270 million” | — | — | — | — |
| Overall cost savings target | New“$1 billion” | — | — | — | — | — | — | — |
| Weighted-average diluted shares | — | — | — | New“188 - 189” | — | — | — | — |
Values in quotation marks are the company’s words. Change labels compare each statement with the same metric and target year in the previous release. HighGravityData does not judge whether guidance was met.