L3harris Technologies ( (LHX) ) has released its Q2 earnings. Here is a breakdown of the information L3harris Technologies presented to its investors.
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L3Harris Technologies is a leading aerospace and defense technology company that provides mission-critical solutions for government and commercial customers worldwide. The company operates in the communication systems, integrated mission systems, space and airborne systems, and Aerojet Rocketdyne segments.
In its latest earnings report, L3Harris Technologies announced strong financial results for the second quarter of 2025, with a notable increase in revenue and earnings per share. The company reported a revenue of $5.4 billion, marking a 2% increase from the previous year, and a non-GAAP diluted EPS of $2.78, up 16% year-over-year.
Key highlights from the earnings report include a record book-to-bill ratio of 1.5x, indicating strong demand for the company’s products and services. The operating margin improved to 10.5%, and the adjusted segment operating margin reached 15.9%. The company also experienced significant growth in its Aerojet Rocketdyne segment, with a 10% increase in revenue driven by increased production volumes in missile and munitions programs.
Despite a decrease in cash flow from operations due to working capital timing and legal settlements, L3Harris Technologies remains optimistic about its future prospects. The company has raised its 2025 guidance and 2026 outlook, reflecting strong performance and improved market expectations.
Looking ahead, L3Harris Technologies is confident in its ability to sustain profitable growth and create long-term value for shareholders. The company is well-positioned to capitalize on the growing defense budgets in the U.S. and allied nations, with a focus on key growth areas such as space, missiles, and resilient communications.