Other

Remaining performance obligations related to customer contracts that are unsatisfied or partially unsatisfied

L3Harris Technologies Remaining performance obligations related to customer contracts that are unsatisfied or partially unsatisfied increased by 5.2% to $40.70B in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 22.6%, from $33.20B to $40.70B. Over 5 years (FY 2021 to FY 2026), Remaining performance obligations related to customer contracts that are unsatisfied or partially unsatisfied shows an upward trend with a 12.3% CAGR. This is a positive signal — higher values indicate stronger performance for this metric.

Analysis

StatementBalance Sheet Statement
SectionOther
CategoryGrowth
SignalHigher is better
VolatilityModerate
First reportedQ4 2018
Last reportedQ4 2025

How to read this metric

A growing backlog indicates strong future demand and revenue visibility, while a shrinking backlog may signal a slowdown in new contract wins.

Detailed definition

This represents the total transaction price allocated to performance obligations that are unsatisfied or partially unsat...

Peer comparison

Highly relevant for companies with long-term government or industrial contracts; a key indicator of competitive market position.

Metric ID: other_revenue_remaining_performance_obligation

Historical Data

20 periods
 Q2 '21Q3 '21Q4 '21Q1 '22Q2 '22Q3 '22Q4 '22Q1 '23Q2 '23Q3 '23Q4 '23Q1 '24Q2 '24Q3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Value$20.20B$21.10B$21.10B$21.10B$19.90B$21.40B$22.30B$24.50B$24.90B$31.80B$32.70B$32.10B$31.70B$33.80B$34.20B$33.20B$35.40B$36.30B$38.70B$40.70B
QoQ Change+4.5%+0.0%+0.0%-5.7%+7.5%+4.2%+9.9%+1.6%+27.7%+2.8%-1.8%-1.2%+6.6%+1.2%-2.9%+6.6%+2.5%+6.6%+5.2%
YoY Change-1.5%+1.4%+5.7%+16.1%+25.1%+48.6%+46.6%+31.0%+27.3%+6.3%+4.6%+3.4%+11.7%+7.4%+13.2%+22.6%
Range$19.90B$40.70B
CAGR+15.9%
Avg YoY Growth+16.8%
Median YoY Growth+12.4%
Current Streak4 quarters growth

Remaining performance obligations related to customer contracts that are unsatisfied or partially unsatisfied at Other Companies

Frequently Asked Questions

What is L3Harris Technologies's remaining performance obligations related to customer contracts that are unsatisfied or partially unsatisfied?
L3Harris Technologies (LHX) reported remaining performance obligations related to customer contracts that are unsatisfied or partially unsatisfied of $40.70B in Q1 2026.
How has L3Harris Technologies's remaining performance obligations related to customer contracts that are unsatisfied or partially unsatisfied changed year-over-year?
L3Harris Technologies's remaining performance obligations related to customer contracts that are unsatisfied or partially unsatisfied increased by 22.6% year-over-year, from $33.20B to $40.70B.
What is the long-term trend for L3Harris Technologies's remaining performance obligations related to customer contracts that are unsatisfied or partially unsatisfied?
Over 5 years (2021 to 2026), L3Harris Technologies's remaining performance obligations related to customer contracts that are unsatisfied or partially unsatisfied has grown at a 12.3% compound annual growth rate (CAGR), from $21.70B to $38.70B.
What does remaining performance obligations related to customer contracts that are unsatisfied or partially unsatisfied mean?
The total value of signed contracts that the company has yet to fulfill or deliver.