L3Harris Technologies, Inc.
Close on Nov 3, 2026Market cap $51.71BP/E 25.9Yield 1.73%
L3Harris Technologies Backlog Expected to Convert to Revenue Within 24 Months by Quarter
Backlog Expected to Convert to Revenue Within 24 Months (%) (%)
L3Harris Technologies Backlog Expected to Convert to Revenue Within 24 Months: 55.0% in Q3 2026, down 10.0 pts from a year earlier. That is the lowest of the 12 quarters on record here.
Where the Q3 2026 figure comes from
“As of October 2, 2026, our contractual backlog and funded contractual backlog was $53.2 billion and $31.2 billion, respectively. We expect to recognize approximately 35% of our contractual backlog as revenue over the next twelve months and 55% as revenue over the next twenty-four months, with the remainder to be recognized thereafter.”
Source: LHX SEC Form SEC Filing (0000202058-26-000087) ↗
Cumulative percentage of ending contractual backlog expected to be recognized as revenue over the next 24 months (60% at Q3 2026).
Quarterly history
Hover a value to see the sentence it was read from; calculated values show their formula
| Period | Ended | Backlog Expected to Convert to Revenue Within 24 Months (%) (%) | Year on year | Source |
|---|---|---|---|---|
| Q3 2026 | Sep 30, 2026 | 55.0% | -10.0 pts | LHX SEC Form SEC Filing (0000202058-26-000087) ↗ |
| Q2 2026 | Jun 30, 2026 | 65.0% | -5.0 pts | LHX SEC Form SEC Filing (0000202058-26-000058) ↗ |
| Q1 2026 | Mar 31, 2026 | 65.0% | – | LHX SEC Form SEC Filing (0000202058-26-000035) ↗ |
| Q4 2025 | Dec 31, 2025 | 70.0% | -5.0 pts | LHX SEC Form SEC Filing (0000202058-26-000015) ↗ |
| Q3 2025 | Sep 30, 2025 | 65.0% | – | LHX SEC Form SEC Filing (0000202058-25-000173) ↗ |
| Q2 2025 | Jun 30, 2025 | 70.0% | – | LHX SEC Form SEC Filing (0000202058-25-000151) ↗ |
| Q4 2024 | Dec 31, 2024 | 75.0% | +10.0 pts | LHX SEC Form SEC Filing (0000202058-25-000023) ↗ |
| Q4 2023 | Dec 31, 2023 | 65.0% | – | LHX SEC Form SEC Filing (0000202058-24-000029) ↗ |
| Q3 2023 | Sep 30, 2023 | 80.0% | – | LHX SEC Form SEC Filing (0000202058-23-000057) ↗ |
| Q2 2023 | Jun 30, 2023 | 70.0% | – | LHX SEC Form SEC Filing (0000202058-23-000047) ↗ |
| Q1 2023 | Mar 31, 2023 | 70.0% | – | LHX SEC Form SEC Filing (0000202058-23-000028) ↗ |
| Q3 2020 | Sep 30, 2020 | 80.0% | – | LHX SEC Form SEC Filing (0000202058-20-000063) ↗ |
Cite this data
StockData. (2026). L3Harris Technologies Backlog Expected to Convert to Revenue Within 24 Months (%), quarterly Q3 2020–Q3 2026 [Data set]. Compiled from L3Harris Technologies SEC filings and investor materials. https://stockdatahq.com/stocks/lhx/kpis/backlog-conv-24m-pct
See every metric in the L3Harris Technologies KPI table. Data updated Nov 3, 2026.
See a number that looks wrong?