L3Harris Tech

Q3 FY2026 EarningsQ3 FY26 delivered a strong beat across all key financial metrics, led by a significant revenue surprise of $6.1B vs. $5.94B consensus (+2.1%) and a GAAP EPS of $3.28 vs. $2.95 expected (+11.2%). Record-breaking orders of $19.3B drove a 3.2x book-to-bill ratio and a record backlog of $53.2B, primarily fueled by massive missile propulsion contracts. Free Cash Flow of $1.3B nearly doubled the $697M lower-end expectation, prompting management to raise the floor of full-year revenue and GAAP EPS guidance.