L3Harris Technologies (LHX) Earnings Analysis

L3Harris Technologies (LHX) delivered mixed results in Q2 FY2026 on revenue of $5.9B versus the $5.8B estimate (+8.4% YoY) and EPS of $3.13. The next L3Harris Technologies (LHX) earnings date is Oct 29, 2026. Below is the full L3Harris Technologies earnings breakdown — the risk-adjusted verdict, price forecast, technicals, options and hedge-fund 13F holdings, decoded in plain English.

L3Harris Technologies (LHX) Earnings Analysis — key stats

Next earnings dateOct 29, 2026
Latest reported quarterQ2 FY2026
Earnings verdictMixed
EPS beat rate7 of last 8 (quarters above estimate)
Avg next-day move±2.8% (over the last 8 reports)
Post-earnings directionUp 2 / Down 5 (of the last 8 reports)
Implied move (next report)±18.5% (options-derived · into Oct 29, 2026)
Institutional ownership132.9% (13F as of 2026-06-30)
Top 10 holders41.7% (of shares outstanding)
Insider activity5 buys / 0 sells (recent Form 4 filings)
Revenue$5.9B (vs $5.8B est · +1.2% surprise · +8.4% YoY)
EPS$3.13 (vs $2.80 est · +11.8% surprise · +28.6% YoY)
Share price$262.83 (-1.5%)
Market cap$48.9B

L3Harris Technologies (LHX) Earnings Analysis — beat / miss history

QuarterRevenueEPSEPS surpriseNext-day moveVerdict
Q2 FY2027$5.9B vs $5.8B est$3.13 vs $2.80 est+11.8%-10.9%Mixed
Q1 FY2027$5.7B vs $5.4B est$2.72 vs $2.53 est+7.5%-2.5%Beat
Q4 FY2026$5.6B vs $5.8B est$2.86 vs $2.76 est+3.6%-4.8%Mixed
Q3 FY2026$5.7B vs $5.5B est$2.70 vs $2.58 est+4.7%+0.8%Beat
Q2 FY2026$5.4B vs $5.3B est$2.78 vs $2.48 est+12.1%-0.1%Beat
Q1 FY2026$5.1B vs $5.2B est$2.41 vs $2.31 est+4.3%-0.1%Mixed
Q4 FY2025$5.5B vs $5.5B est$3.47 vs $3.42 est+1.5%+0.0%In line
Q3 FY2025$5.3B vs $5.3B est$3.34 vs $3.25 est+2.8%+2.8%Mixed

Top institutional holders

Holder% outstandingSharesValueQoQ change
Blackrock, INC.10.2%19.0M$5.5B+6.4%
Vanguard Capital Management LLC6.5%12.2M$3.5B+0.2%
Vanguard Portfolio Management LLC5.1%9.6M$2.8B+0.6%
State Street Corp4.9%9.1M$2.6B+2.9%
Capital World Investors3.5%6.6M$1.9B-40.0%
Geode Capital Management, LLC2.8%5.3M$1.5B-0.1%
Wellington Management Group Llp2.5%4.7M$1.4B+7.1%
Wells Fargo & Company/Mn2.4%4.5M$1.3B-2.7%
Morgan Stanley1.9%3.6M$1.1B-5.0%
Price T Rowe Associates INC /Md/1.8%3.3M$957.4M-12.1%

Recent insider transactions

InsiderRoleDateTypeSharesValue
SHARP KENNETH Pofficer: SVP, Chief Financial Officer2026-08-03Buy9K—
Rakita Melanieofficer: Vice President & CHRO2026-08-03Buy5K—
MEHTA SAMIRofficer: President, S&MS and C&SD2026-08-03Buy18K—
Hanna Tania W.officer: VP, Govt. & Customer Relations2026-08-03Buy9K—
Bedingfield Kenneth Lofficer: President, Missile Solutions2026-08-03Buy18K—
Hanna Tania W.officer: VP, Govt. & Customer Relations2026-07-23Other0—
Hanna Tania W.officer: VP, Govt. & Customer Relations2022-08-01Other9K$1.8M
Hanna Tania W.officer: VP, Govt. & Customer Relations2023-02-28Other4K$716771

What you'll find

Frequently asked questions

When is L3Harris Technologies's next earnings date?
L3Harris Technologies's (LHX) next scheduled earnings date is Oct 29, 2026. Magnisto shows the confirmed date, the options-implied expected move and the revenue and EPS estimates Wall Street is modeling into the report.
Did L3Harris Technologies (LHX) beat or miss earnings?
In Q2 FY2026, L3Harris Technologies (LHX) posted mixed results — revenue of $5.9B versus the $5.8B estimate (+1.2% surprise) and EPS of $3.13 versus $2.80 expected (+11.8% surprise). Magnisto decodes every L3Harris Technologies (LHX) report into a clear Beat, Miss, In-line or Mixed verdict and checks whether guidance was raised, held or cut.
How often does L3Harris Technologies beat earnings estimates?
Over its last 8 reported quarters, L3Harris Technologies (LHX) beat Wall Street EPS estimates 7 times, most recently a mixed result in Q2 FY2027. Magnisto tracks every L3Harris Technologies (LHX) quarter's revenue and EPS versus consensus and grades each one Beat, Miss, In-line or Mixed at a unified ±2% threshold.
How much does L3Harris Technologies stock move after earnings?
Over its last 8 quarterly reports, L3Harris Technologies (LHX) moved an average of ±2.8% the day after earnings — ranging from -10.9% (Q2 FY2027) to +2.8% (Q3 FY2025). The stock rose after 2 of those 8 reports and fell after 5. Heading into its next report on Oct 29, 2026, options-implied volatility is pricing in a move of roughly ±18.5% (derived). Magnisto tracks the realized post-earnings move for every L3Harris Technologies (LHX) quarter alongside the beat/miss verdict — past moves don't predict the next one.
Who are the largest shareholders of L3Harris Technologies?
Institutions hold about 132.9% of L3Harris Technologies's (LHX) shares outstanding as of the 2026-06-30 13F quarter. Its largest institutional holders include Blackrock, INC. (10.2%), Vanguard Capital Management LLC (6.5%), Vanguard Portfolio Management LLC (5.1%). Magnisto lists L3Harris Technologies's (LHX) top 13F holders with each stake size and its quarter-over-quarter change.
Are insiders buying or selling L3Harris Technologies (LHX)?
In the most recent Form 4 filings Magnisto tracks, L3Harris Technologies (LHX) insiders recorded 5 purchases and 0 sales — net buying. Insider transactions are one signal among many and are often routine (option exercises or scheduled 10b5-1 sales), so Magnisto shows the raw feed for you to judge.
What is the forecast for L3Harris Technologies (LHX) stock?
Magnisto blends analyst price targets, quantitative research, technical trend and options-implied moves into a scenario range for L3Harris Technologies (LHX), anchored to the current $262.83 share price, so you can weigh the bull, base and bear cases for L3Harris Technologies side by side.
Is L3Harris Technologies (LHX) a buy right now?
Magnisto does not give buy or sell tips. It gives you the institutional-grade evidence — the verdict, valuation, risks, technicals and hedge-fund 13F flows — so you can decide whether L3Harris Technologies fits your own thesis and risk profile. This is research, not investment advice.

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Educational research, not investment advice. Figures are illustrative and may be delayed.