L3Harris Q1 2026 Earnings: EPS Beat at $2.86 but Revenue Misses — What the Defense Sector's Mixed Quarter Tells Investors

# L3Harris Q1 2026 Earnings: EPS Beat at $2.86 but Revenue Misses — What the Defense Sector's Mixed Quarter Tells Investors

> **Quick answer:** L3Harris (LHX) posted Q1 2026 EPS of $2.86, beating the $2.76 estimate by 10 cents, but revenue came in at $5.648 billion against the $5.77 billion consensus — a clean miss. The split result mirrors the broader defense sector's Q1 theme: demand is real and backlogs are record-high, but production ramps take time to convert orders into recognized revenue. RTX beat on both lines. Northrop Grumman's EPS surged 85%. Lockheed Martin missed both. L3Harris sits in the middle — profitable growth, but not yet at the pace the market priced in.

*This article is for informational purposes only and does not constitute financial advice. Consult a qualified financial advisor for personal financial decisions.*

L3Harris Q1 2026 earnings landed with the kind of split result that forces investors to make a judgment call. The EPS beat at $2.86 versus $2.76 expected is real and reflects genuine margin discipline. The revenue miss — $5.648 billion versus $5.77 billion expected — is also real, and it fits a pattern playing out across the entire defense sector this quarter. Understanding what that pattern means is more important than either number in isolation.

## The L3Harris Q1 2026 Numbers

L3Harris Technologies reported Q1 2026 results that tell a coherent story once you look past the headline split.