Other

Remaining performance obligation, funded backlog

L3Harris Technologies Remaining performance obligation, funded backlog increased by 15.5% to $26.90B in Q4 2025 compared to the prior quarter. Over 3 years (FY 2023 to FY 2026), Remaining performance obligation, funded backlog shows an upward trend with a 18.4% CAGR. This is a positive signal — higher values indicate stronger performance for this metric.

Analysis

StatementBalance Sheet Statement
SectionOther
CategoryRisk
SignalHigher is better
VolatilityModerate
First reportedQ4 2022
Last reportedQ4 2025

How to read this metric

Higher funded backlog levels provide greater protection against contract cancellations and revenue volatility.

Detailed definition

This is the subset of the total remaining performance obligation that has been specifically funded by customers, typical...

Peer comparison

Essential for defense contractors to distinguish between total potential work and work that is fully authorized and funded.

Metric ID: other_revenue_remaining_performance_obligation_funded_ba_97ebf5

Historical Data

4 periods
 Q4 '22Q4 '23Q4 '24Q4 '25
Value$16.20B$22.00B$23.30B$26.90B
QoQ Change—+35.8%+5.9%+15.5%
YoY Change—+35.8%+5.9%+15.5%
Range$16.20B – $26.90B
Avg YoY Growth+19.1%
Median YoY Growth+15.5%
Current Streak3+ quarters growth

Frequently Asked Questions

What is L3Harris Technologies's remaining performance obligation, funded backlog?
L3Harris Technologies (LHX) reported remaining performance obligation, funded backlog of $26.90B in Q4 2025.
What is the long-term trend for L3Harris Technologies's remaining performance obligation, funded backlog?
Over 3 years (2023 to 2026), L3Harris Technologies's remaining performance obligation, funded backlog has grown at a 18.4% compound annual growth rate (CAGR), from $16.20B to $26.90B.
What does remaining performance obligation, funded backlog mean?
The portion of the company's total backlog that is already paid for or contractually guaranteed by the customer.