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 Year
Backlog Expected to Convert to Revenue Within 24 Months (%) (%)
L3Harris Technologies Backlog Expected to Convert to Revenue Within 24 Months: 70.0% in FY2025, down 5.0 pts from a year earlier.
Where the FY2025 figure comes from
“As of January 2, 2026, our contractual backlog was $38.7 billion, of which $26.9 billion was funded backlog. We expect to recognize approximately 45% of the revenue associated with such contractual backlog by the end of fiscal 2026 and approximately 70% by the end of fiscal 2027, with the remainder to be recognized thereafter.”
Source: LHX SEC Form SEC Filing (0000202058-26-000015) ↗
Cumulative percentage of ending contractual backlog expected to be recognized as revenue over the next 24 months (60% at Q3 2026).
Annual 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 |
|---|---|---|---|---|
| FY2025 | Dec 31, 2025 | 70.0% | -5.0 pts | LHX SEC Form SEC Filing (0000202058-26-000015) ↗ |
| FY2024 | Dec 31, 2024 | 75.0% | +10.0 pts | LHX SEC Form SEC Filing (0000202058-25-000023) ↗ |
| FY2023 | Dec 31, 2023 | 65.0% | – | LHX SEC Form SEC Filing (0000202058-24-000029) ↗ |
Cite this data
StockData. (2026). L3Harris Technologies Backlog Expected to Convert to Revenue Within 24 Months (%), annual FY2023–FY2025 [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.
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