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WASHINGTON--(BUSINESS WIRE)--L3Harris Technologies (NYSE: LHX) has closed a $1 billion strategic investment from the Department of War (DoW) in its Missile Solutions (MSL) business, which it will use to expand and modernize facilities, accelerate research and development, and increase production capacity for critical national security technologies.

The investment from the DoW is in the form of a convertible preferred security of the MSL business, which will convert into common equity upon an initial public offering (IPO). In addition, the DoW will receive certain warrants to purchase common stock in MSL. As previously announced, L3Harris intends to pursue an IPO of MSL in the second half of 2026, pending market conditions.

L3Harris is investing billions to transform and grow its production operations at MSL in support of DoW priorities like PAC-3, THAAD, Tomahawk and Standard Missile. MSL was created in early 2026, bringing together the missile capabilities from across L3Harris, including the operations of legacy Aerojet Rocketdyne.

“This strategic partnership with the Department of War is a testament to the critical role L3Harris plays in our national security,” said Christopher Kubasik, Chairman and CEO, L3Harris. “The investment will allow us to accelerate innovation and enhance our ability to deliver the advanced capabilities our warfighters need to deter and defeat emerging threats. We are proud to partner with the DoW to ensure the resilience of our defense industrial base for years to come.”

The DoW investment, along with future IPO proceeds and other sources of capital, will be used to further a variety of expansion and modernization efforts at solid rocket motor production facilities in Camden, Arkansas; Huntsville, Alabama; and Orange, Virginia; among other sites.

L3Harris will remain the majority shareholder (>80%) in the new MSL business and will consolidate the financial results of MSL.

About L3Harris Technologies

L3Harris is the Trusted Disruptor in defense tech. With customers’ mission-critical needs always in mind, our employees deliver end-to-end technology solutions connecting the space, air, land, sea and cyber domains in the interest of national security. Visit L3Harris.com for more information.

Forward-Looking Statements

This press release contains forward-looking statements within the meaning of federal securities laws made in reliance on the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Forward-looking statements are statements that are not historical facts. These forward-looking statements are based on L3Harris’ current views and assumptions and can change significantly in the future. Actual results and events may be significantly different from what is currently expected. Forward-looking statements may be identified by the use of the words such as “estimate,” “plan,” “shall,” “may,” “project,” “forecast,” “intend,” “expect,” “anticipate,” “believe,” “seek,” “will,” “target,” or similar expressions that predict or indicate future events or trends or that are not statements of historical matters. Examples of forward-looking statements include statements about: an independently traded MSL company or the timing or consummation of any potential IPO; any demand for missile solutions capacity; future investments; the value of the investment and L3Harris’ role in an independently traded MSL company. L3Harris cautions investors that any forward-looking statements are subject to risks and uncertainties that may cause actual results and future trends to differ materially from those matters expressed in or implied by such forward-looking statements.

The following factors, among others, could cause actual results or outcomes to differ materially from those expressed in the forward-looking statements or historical performance: the impact of any legal challenge, protest or investigation in connection with the investment and any related transactions; any unexpected tax, accounting or regulatory treatment of the investment or to any transactions in connection therewith; the availability of government funding; the outcome of government determinations regarding its procurements; any adverse impacts on L3Harris other businesses or relationship with its customers, its suppliers or other contractors for whom L3Harris is a subcontractor or supplier; potential significant adverse consequences resulting from business disruptions or economic or political uncertainty; unexpected costs, liabilities, delays, legal proceedings or the ability to obtain regulatory approvals; unfavorable economic or market conditions; unexpected geo-political events; and other impairments to achieve benefits to L3Harris from the investment, in a timely manner or at all. In addition, important risk factors that could cause actual results or outcomes to differ from those expressed in the forward-looking statements are described in the “Risk Factors” sections of L3Harris’ Annual Report on Form 10-K for the year ended Jan. 2, 2026.

In presenting the forward-looking statements, L3Harris has made material assumptions which may prove incorrect about: the availability of government funding and the statutory and regulatory authority to expand capacity for the DoW’s critical missile programs, including any future direct or indirect purchases of propulsion systems; the continued demand for missile programs; and the estimates and forecasts of investments required to expand capacity for the DoW’s critical missile programs.

L3Harris disclaims any intention or obligation to update or revise any forward-looking statements, whether as a result of new information, future events, or otherwise.

No Offer or Solicitation

This press release does not constitute an offer to sell or the solicitation of an offer to buy any securities. Any offers, solicitations of offers to buy, or any sales of securities will be made in accordance with the registration requirements of the Securities Act of 1933, as amended.

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MELBOURNE, Fla.--(BUSINESS WIRE)--The Board of Directors of L3Harris Technologies (NYSE: LHX) has declared a quarterly cash dividend of $1.25 per common share, payable June 26, 2026, to shareholders of record as of the close of business on June 5, 2026.

About L3Harris Technologies

L3Harris is the Trusted Disruptor in defense tech. With customers’ mission-critical needs always in mind, our employees deliver end-to-end technology solutions connecting the space, air, land, sea and cyber domains in the interest of national security. Visit L3Harris.com for more information.

More News From L3Harris Technologies

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The market expects Firefly Aerospace (FLY - Free Report) to deliver a year-over-year increase in earnings on higher revenues when it reports results for the quarter ended March 2026. This widely-known consensus outlook is important in assessing the company's earnings picture, but a powerful factor that might influence its near-term stock price is how the actual results compare to these estimates.

The stock might move higher if these key numbers top expectations in the upcoming earnings report, which is expected to be released on May 4. On the other hand, if they miss, the stock may move lower.

While management's discussion of business conditions on the earnings call will mostly determine the sustainability of the immediate price change and future earnings expectations, it's worth having a handicapping insight into the odds of a positive EPS surprise.

Zacks Consensus EstimateThis space and defense technology company is expected to post quarterly loss of $0.50 per share in its upcoming report, which represents a year-over-year change of +69.7%.

Revenues are expected to be $73.82 million, up 32.2% from the year-ago quarter.

Estimate Revisions TrendThe consensus EPS estimate for the quarter has been revised 0.97% lower over the last 30 days to the current level. This is essentially a reflection of how the covering analysts have collectively reassessed their initial estimates over this period.

Investors should keep in mind that an aggregate change may not always reflect the direction of estimate revisions by each of the covering analysts.

Price, Consensus and EPS Surprise

Earnings WhisperEstimate revisions ahead of a company's earnings release offer clues to the business conditions for the period whose results are coming out. Our proprietary surprise prediction model -- the Zacks Earnings ESP (Expected Surprise Prediction) -- has this insight at its core.

The Zacks Earnings ESP compares the Most Accurate Estimate to the Zacks Consensus Estimate for the quarter; the Most Accurate Estimate is a more recent version of the Zacks Consensus EPS estimate. The idea here is that analysts revising their estimates right before an earnings release have the latest information, which could potentially be more accurate than what they and others contributing to the consensus had predicted earlier.

Thus, a positive or negative Earnings ESP reading theoretically indicates the likely deviation of the actual earnings from the consensus estimate. However, the model's predictive power is significant for positive ESP readings only.

A positive Earnings ESP is a strong predictor of an earnings beat, particularly when combined with a Zacks Rank #1 (Strong Buy), 2 (Buy) or 3 (Hold). Our research shows that stocks with this combination produce a positive surprise nearly 70% of the time, and a solid Zacks Rank actually increases the predictive power of Earnings ESP.

Please note that a negative Earnings ESP reading is not indicative of an earnings miss. Our research shows that it is difficult to predict an earnings beat with any degree of confidence for stocks with negative Earnings ESP readings and/or Zacks Rank of 4 (Sell) or 5 (Strong Sell).

How Have the Numbers Shaped Up for Firefly Aerospace?For Firefly Aerospace, the Most Accurate Estimate is higher than the Zacks Consensus Estimate, suggesting that analysts have recently become bullish on the company's earnings prospects. This has resulted in an Earnings ESP of +13.52%.

On the other hand, the stock currently carries a Zacks Rank of #3.

So, this combination indicates that Firefly Aerospace will most likely beat the consensus EPS estimate.

Does Earnings Surprise History Hold Any Clue?While calculating estimates for a company's future earnings, analysts often consider to what extent it has been able to match past consensus estimates. So, it's worth taking a look at the surprise history for gauging its influence on the upcoming number.

For the last reported quarter, it was expected that Firefly Aerospace would post a loss of$0.48 per share when it actually produced a loss of -$0.38, delivering a surprise of +20.83%.

Over the last four quarters, the company has beaten consensus EPS estimates two times.

Bottom LineAn earnings beat or miss may not be the sole basis for a stock moving higher or lower. Many stocks end up losing ground despite an earnings beat due to other factors that disappoint investors. Similarly, unforeseen catalysts help a number of stocks gain despite an earnings miss.

That said, betting on stocks that are expected to beat earnings expectations does increase the odds of success. This is why it's worth checking a company's Earnings ESP and Zacks Rank ahead of its quarterly release. Make sure to utilize our Earnings ESP Filter to uncover the best stocks to buy or sell before they've reported.

Firefly Aerospace appears a compelling earnings-beat candidate. However, investors should pay attention to other factors too for betting on this stock or staying away from it ahead of its earnings release.

Expected Results of an Industry PlayerAnother stock from the Zacks Aerospace - Defense industry, L3Harris (LHX - Free Report) , is soon expected to post earnings of $2.53 per share for the quarter ended March 2026. This estimate indicates a year-over-year change of +5%. Revenues for the quarter are expected to be $5.42 billion, up 5.7% from the year-ago quarter.

Over the last 30 days, the consensus EPS estimate for L3Harris has been revised 1.3% down to the current level. Nevertheless, the company now has an Earnings ESP of +1.29%, reflecting a higher Most Accurate Estimate.

When combined with a Zacks Rank of #3 (Hold), this Earnings ESP indicates that L3Harris will most likely beat the consensus EPS estimate. The company beat consensus EPS estimates in each of the trailing four quarters.

Stay on top of upcoming earnings announcements with the Zacks Earnings Calendar.

MELBOURNE, Fla.--(BUSINESS WIRE)--L3Harris Technologies (NYSE: LHX) reports first quarter 2026 results.

Highlights

Orders of $7.8 billion; book-to-bill of 1.4x increases backlog to new record $40.7 billion Revenue of $5.7 billion, up 12%, and 15% organically* Operating margin of 11.4% up 120 bps; Segment operating margin of 15.7% up 10 bps GAAP diluted EPS of $2.72, up 33% Updates 2026 EPS guidance “We continue to execute against our Trusted Disruptor strategy with both urgency and discipline, leveraging speed and scale to meet the evolving needs of our customers. Our results reflect the strength of our portfolio and its alignment with the nation’s most critical defense missions. We operate in a dynamic global environment, where demand is accelerating and the future of warfare is driving near-term operational priorities. Across the portfolio, we quickly adapt to mission needs and scale our operations to meet increasing demand, accelerating growth across our enterprise,” said Christopher Kubasik, Chairman and CEO.

Kubasik added, “We delivered a strong start to the year with robust orders and revenue growth coupled with progress across our strategic priorities. We are well positioned for the next phase of growth and value creation, remain on track to deliver on our 2026 commitments and continue to advance toward the 2028 Financial Framework we outlined earlier this year.”

SUMMARY FINANCIAL RESULTS*

First Quarter

2026 Guidance

($ millions, except per share data)

2026

2025

Revenue

Space & Mission Systems

$

2,990

$

2,411

Communication & Spectrum Dominance

1,855

1,809

Missile Solutions

990

840

Intersegment

(91

)

(74

)

Segment revenue

5,744

4,986

Other1

—

146

Revenue

$

5,744

$

5,132

$23B - $23.5B

Operating income

Space & Mission Systems

$

313

$

238

Communication & Spectrum Dominance

465

443

Missile Solutions

124

96

Segment operating income

902

777

Unallocated corporate items and other, net1 (see Table 4)

(250

)

(252

)

Operating income

$

652

$

525

Operating margin

11.4

%

10.2

%

Segment operating margin

15.7

%

15.6

%

low 16%

Tax rate

Effective tax rate

13.1

%

15.9

%

GAAP EPS

Diluted EPS

$

2.72

$

2.04

$11.40 - $11.60

(Prior: $11.30 - $11.50)

Diluted weighted-average common shares outstanding

188.1

189.1

Cash flow

Cash used in operations

$

(95

)

$

(42

)

Free cash flow2

$

(187

)

$

(101

)

$3.0B

1 Includes other non-reportable businesses, which is the divested Commercial Aviation Solutions business ("CAS disposal group").

2 Free cash flow is a non-GAAP Financial Measure defined and reconciled to GAAP in Table 6. Net cash provided by operating activities is anticipated to be approximately $3.6 billion and capital expenditures are anticipated to be approximately $600M.

* Organic revenue is a non-GAAP Financial Measure defined and reconciled to GAAP in Table 5.

Revenue: Increased $612 million, up 12%, and 15% organically, driven by growth across all segments reflecting new program ramps and increased international volume.

Operating Income: Increased $127 million, up 24%. Operating margin was 11.4%, up 120 bps. The improvement in operating income was primarily driven by a $125 million increase in segment operating income due to strong growth in the quarter and a decline in unallocated corporate items and other, net costs.

Segment Operating Income: Increased $125 million, up 16%. Segment operating margin was 15.7%, up 10 bps. Segment operating income grew across all segments due to increased volume, improved program performance and higher monetization of legacy assets aligned with our transformation and value creation priorities, partially offset by higher growth in businesses with lower average margin and increased investments in go-to-market activities and research and development.

Diluted EPS: Increased 33% to $2.72 driven by higher operating income, lower interest expense due to lower total outstanding debt, including both short-term and long-term debt, and a lower effective tax rate, partially offset by lower FAS pension income.

Cash Flow: Cash used in operations was ($95) million, impacted by timing of cash receipts coupled with higher cash disbursements. Capital expenditures were ($99) million, contributing to free cash flow of ($187) million.

SEGMENT RESULTS

Space & Mission Systems

First Quarter

($ millions)

2026

2025

Increase

Revenue

$

2,990

$

2,411

24%

Operating margin

10.5

%

9.9

%

60 bps

Revenue: Increased 24%, primarily from the ramp in activity in our ISR business on classified and international missionized aircraft programs, including a milestone related to material procurement in support of classified contracts, as well as higher volume in Space, Mission Networks and Maritime programs partially offset by lower classified volume in our intel products and solutions business.

Operating Margin: Increased 60 bps to 10.5% driven by improved program performance, partially offset by increased material procurement in programs with lower average margins and increased investments in research and development.

Communication & Spectrum Dominance

First Quarter

($ millions)

2026

2025

Increase

Revenue

$

1,855

$

1,809

3%

Operating margin

25.1

%

24.5

%

60 bps

Revenue: Increased 3%, primarily driven by increased volume for night vision devices, international software-defined resilient communications and the ramp in activity on the Next Generation Jammer Electronic Warfare program.

Operating Margin: Increased 60 bps to 25.1% primarily driven by increased sales associated with higher margin products in night vision devices and software-defined resilient communications as well as the favorable settlement of a legal matter, partially offset by increased investments in customer demonstrations, prototypes, and research and development.

Missile Solutions

First Quarter

($ millions)

2026

2025

Increase

Revenue

$

990

$

840

18%

Operating margin

12.5

%

11.4

%

110 bps

Revenue: Increased 18% from higher production volumes across key missile and munition programs, including those prioritized by the Department of War's ("DoW") Munitions Acceleration Council, and space propulsion programs as well as new program ramps.

Operating Margin: Increased 110 bps to 12.5%, primarily due to the monetization of legacy assets aligned with our transformation and value creation priorities, partially offset by net unfavorable EAC adjustments.

Forward-Looking Statements

This earnings release contains forward-looking statements within the meaning of federal securities laws made in reliance on the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Examples include, but are not limited to: planned investments; 2026 guidance; the impact of recent and expected contract awards; the 2028 financial framework; divestiture timing; planned public offering by Missile Solutions; the impact of the global security environment; projections of other financial items; and assumptions underlying any of the foregoing. Investors should not place undue reliance on forward-looking statements, which reflect management’s current expectations, estimates, projections, assumptions and information currently available to management, and are not guarantees of future performance or actual results. Important risks that could cause our results to differ materially from those expressed in or implied by these forward-looking statements or from our historical results include, but are not limited to, risks arising from: competitive markets; U.S. Government spending priorities; changes in contract mix; unilateral contract action by the U.S. Government or unexpected issues related to the DoW's investment in our subsidiary; uncertain economic conditions; future geo-political events; supply chain disruptions; indebtedness; interest rates and other market factors; and changes in effective tax rate or additional tax exposures. These and other important risks that could impact forward-looking statements are described more fully in the "Risk Factors" in our Form 10-K for fiscal 2025. All subsequent written and oral forward-looking statements attributable to us or any person acting on our behalf are qualified by the cautionary statements in this section, and we have no duty to and disclaim any intention or obligation, other than imposed by law, to update or revise any forward-looking statements, whether as a result of new information, future events or developments or otherwise.

Table 1 - Condensed Consolidated Statement of Operations (Unaudited)

  First Quarter

($ millions, except per share amounts)

2026

2025

Revenue

$

5,744

$

5,132

Cost of revenue

(4,342

)

(3,782

)

General and administrative expenses

(750

)

(825

)

Operating income

652

525

Non-service FAS pension income and other, net1

73

84

Interest expense, net

(136

)

(150

)

Income before income taxes

589

459

Income taxes

(77

)

(73

)

Net income

$

512

$

386

Earnings per share attributable to common shareholders

Basic

$

2.74

$

2.05

Diluted

$

2.72

$

2.04

Weighted-average common shares outstanding

Basic

186.8

188.5

Diluted

188.1

189.1

1“FAS” is defined as Financial Accounting Standards.

Table 2 - Condensed Consolidated Balance Sheet (Unaudited)

  ($ millions)

April 3, 2026

January 2, 2026

Assets

Current assets

Cash and cash equivalents

$

590

$

1,069

Receivables, net

1,912

1,371

Contract assets

3,530

3,566

Inventories, net

1,234

1,219

Other current assets

702

484

Assets of business held for sale

926

884

Total current assets

8,894

8,593

Non-current assets

Property, plant and equipment, net

2,658

2,665

Goodwill

19,999

20,010

Intangible assets, net

6,331

6,509

Deferred income taxes

71

76

Other non-current assets

3,427

3,342

Total assets

$

41,380

$

41,195

Liabilities and equity

Current liabilities

Short-term debt

$

350

$

—

Current portion of long-term debt

1,816

673

Accounts payable

1,930

2,461

Contract liabilities

2,736

2,262

Compensation and benefits

391

482

Other current liabilities

1,267

1,235

Liabilities of business held for sale

111

113

Total current liabilities

8,601

7,226

Non-current liabilities

Long-term debt, net

9,191

10,443

Deferred income taxes

1,225

1,114

Other non-current liabilities

2,683

2,777

Total liabilities

21,700

21,560

Total equity

19,680

19,635

Total liabilities and equity

$

41,380

$

41,195

Table 3 - Condensed Consolidated Statement of Cash Flows (Unaudited)

  First Quarter

($ millions)

2026

2025

Operating Activities

Net income

$

512

$

386

Adjustments to reconcile to net cash used in operating activities:

Depreciation and amortization

282

301

Share-based compensation

21

19

Net periodic benefit income

(70

)

(84

)

Share-based matching contributions under defined contribution plans

62

68

Deferred income taxes

119

(89

)

(Increase) decrease in:

Receivables, net

(623

)

(447

)

Contract assets

72

(420

)

Inventories, net

(17

)

92

Other current assets

(218

)

(19

)

Increase (decrease) in:

Accounts payable

(527

)

52

Contract liabilities

461

(16

)

Compensation and benefits

(87

)

(105

)

Other current liabilities

(15

)

11

Income taxes

(7

)

273

Other operating activities

(60

)

(64

)

Net cash used in operating activities

(95

)

(42

)

Investing Activities

Capital expenditures

(99

)

(59

)

Proceeds from disposal of property, plant and equipment, net

7

—

Proceeds from sales of businesses, net of cash divested

—

831

Other investing activities

(5

)

(28

)

Net cash (used in) provided by investing activities

(97

)

744

Financing Activities

Repayments of long-term debt

(106

)

(5

)

Change in commercial paper, net

350

20

Repurchases of common stock

(296

)

(569

)

Dividends paid

(238

)

(228

)

Other financing activities

6

(23

)

Net cash used in financing activities

(284

)

(805

)

Effect of exchange rate changes on cash and cash equivalents

(3

)

5

Net decrease in cash and cash equivalents

(479

)

(98

)

Cash and cash equivalents, beginning of period

1,069

615

Cash and cash equivalents, end of period

$

590

$

517

Table 4 - Unallocated Corporate Items (Unaudited)

  First Quarter

($ millions)

2026

2025

Unallocated corporate items:

Amortization of acquisition-related intangibles

$

173

$

194

LHX NeXt implementation costs1

—

35

Business divestiture-related losses1

10

17

Acquisition, divestiture and transaction-related expenses1

30

17

Other unallocated corporate items

37

12

Unallocated corporate items

250

275

Other non-reportable businesses2

—

(23

)

Unallocated corporate items and other, net

$

250

$

252

  1 Refer to Key Terms on page 10.

2 Includes the divested CAS disposal group.

Table 5 - Organic Revenue Non-GAAP Financial Measure Reconciliation (Unaudited)

  First Quarter

2025

($ millions)

GAAP

Adjustments

Organic1

Revenue

$

5,132

$

(146

)

$

4,986

1 Organic revenue is a non-GAAP Financial Measure as defined by Regulation G. We use organic revenue to exclude revenue attributable to our divested CAS disposal group in prior periods.

Table 6 - Reconciliation of Net Cash Provided by Operating Activities to Free Cash Flow - Non-GAAP Financial Measures Reconciliation (Unaudited)

  First Quarter

($ millions)

2026

2025

Net cash used in operating activities

$

(95

)

$

(42

)

Capital expenditures

(99

)

(59

)

Proceeds from disposal of property, plant and equipment, net

7

—

Free cash flow1

$

(187

)

$

(101

)

1 Free cash flow is a non-GAAP Financial Measure as defined by Regulation G. We use free cash flow to evaluate business performance and overall liquidity, and it is a performance metric in our annual incentive plan. We believe free cash flow is useful because it represents the cash generated from operations after reinvesting in our business that may be available to return to stockholders and creditors (through dividends, stock repurchases and debt repayments) or available to fund acquisitions or other investments. The entirety of free cash flow amount is not available for discretionary expenditures, however, because of certain mandatory expenditures, such repayment of debt.

Key Terms

Description

Definition

Business divestiture-related losses

In 2026, includes a loss recognized in connection with the Space Technology disposal group, which consists of certain product lines of our Space Propulsion and Power Systems sector and the space portion of our Space & Sensors division reported in our Mission Solutions segment. In 2025, includes a loss recognized in connection with the CAS disposal group divestiture.

Acquisition, divestiture and transaction-related expenses

Transaction and integration expenses associated with the Aerojet Rocketdyne acquisition in 2025; external costs related to pursuing acquisition and divestiture portfolio optimization; non-transaction costs related to divestitures; costs related to the carve-out and planned MSL public offering; salaries of employees in roles dedicated to planned strategic transaction activity; and resolution of a procurement contract matter.

LHX NeXt implementation costs

Includes costs related to workforce optimization costs, incremental IT expenses for implementation of new systems, third-party consulting expenses and other related costs, including costs related to personnel dedicated to this project. The implementation phase of LHX NeXt was completed in fiscal 2025.

Orders

Total value of funded and unfunded contract awards received from the U.S. Government and other customers, including incremental funding and adjustments to previous awards, excluding unexercised contract options and potential orders under ordering-type contracts, such as indefinite delivery, indefinite quantity (IDIQ) contracts.

HUNTSVILLE, Ala.--(BUSINESS WIRE)--L3Harris Technologies (NYSE: LHX) has expanded its Advanced Manufacturing Facility-South (AMF-South) in Huntsville with a $25 million investment that includes an additional 130,000 square feet of manufacturing space.

The expansion increases the company’s footprint in Huntsville to ~670,000 square feet across three local sites. The AMF-South location is able to scale rapidly by utilizing space that already has the necessary infrastructure in place.

“The additional space allows us to lean forward and surge capacity in a way that directly aligns with the Department of War’s demand for critical munition acceleration,” said Ken Bedingfield, President, Missile Solutions, L3Harris. “Huntsville’s expansion at AMF-South gives us the flexibility we need to grow quickly and continue delivering for our customers.”

The facility growth builds on the company’s sustained investments in Huntsville, including a tripling of capital spend from 2024 to 2025. Huntsville currently supports more than half of L3Harris’ solid rocket motor programs with inert component production, and output continues to increase year-over-year.

AMF-South is currently hiring for a variety of key positions, including Mechanical and Manufacturing Engineering, Project Engineering, Quality and skilled trades such as Machinists and Composite Technicians.

About L3Harris Technologies

L3Harris is the Trusted Disruptor in defense tech. With customers’ mission-critical needs always in mind, our employees deliver end-to-end technology solutions connecting space, air, land, sea and cyber domains in the interest of national security. Visit L3Harris.com for more information.

Forward-Looking Statements

This press release contains forward-looking statements that reflect management's current expectations, assumptions and estimates of future performance and economic conditions. Such statements are made in reliance upon the safe harbor provisions of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. The company cautions investors that any forward-looking statements are subject to risks and uncertainties that may cause actual results and future trends to differ materially from those matters expressed in or implied by such forward-looking statements. Statements about capacity are forward-looking and involve risks and uncertainties. L3Harris disclaims any intention or obligation to update or revise any forward-looking statements, whether as a result of new information, future events, or otherwise.

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MELBOURNE, Fla.--(BUSINESS WIRE)--L3Harris Technologies (NYSE: LHX) has been selected by the U.S. Army to deliver VAMPIRETM counter-unmanned systems (c-UxS) to support urgent defense against hostile drones. The Army’s order is worth up to $106 million as part of the United States’ layered c-UxS defense approach.

The VAMPIRE capability is a self-contained weapons solution that delivers advanced reconnaissance and precision strike against drones and remotely piloted aircraft. Military forces have used the technology extensively in support of European combat operations, logging more than 350,000 operational hours since 2023.

“We’ve worked with the Army to understand their needs for new counter-UxS systems that can be quickly assembled, delivered, set-up and fired,” said Tom Kirkland, President, Targeting & Sensor Systems, Communications & Spectrum Dominance, L3Harris. “VAMPIRE is effective at hunting and engaging drone threats affordably, which enables U.S. armed forces to sustain reliable defense of its personnel and infrastructure.”

L3Harris developed and invested in VAMPIRE at the beginning of the war in Ukraine to provide a low-cost solution to eliminate Russian drone threats. In 2026, L3Harris ramped up production of the VAMPIRE system, initiating high-volume production in Huntsville, Alabama. The new production line is a direct response to the United States and its allies’ need to combat the persistent drone threat.

About L3Harris Technologies

L3Harris is the Trusted Disruptor in defense tech. With customers’ mission-critical needs always in mind, our employees deliver end-to-end technology solutions connecting the space, air, land, sea and cyber domains in the interest of national security. Visit L3Harris.com for more information.

Forward-Looking Statements

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Posted by Defense World Staff on Mar 31st, 2026

Shares of Alliant Energy Corporation (NASDAQ:LNT – Get Free Report) have received an average recommendation of “Moderate Buy” from the twelve research firms that are covering the company, Marketbeat reports. Three research analysts have rated the stock with a hold rating and nine have issued a buy rating on the company. The average twelve-month target price among brokerages that have issued a report on the stock in the last year is $75.4444.

LNT has been the topic of a number of research reports. Weiss Ratings restated a “buy (b)” rating on shares of Alliant Energy in a report on Monday, December 29th. Barclays raised Alliant Energy from an “underweight” rating to an “equal weight” rating and lifted their price objective for the stock from $65.00 to $67.00 in a report on Wednesday, January 21st. Wall Street Zen lowered Alliant Energy from a “hold” rating to a “sell” rating in a report on Sunday, March 1st. Royal Bank Of Canada started coverage on Alliant Energy in a research report on Wednesday, March 11th. They issued an “outperform” rating and a $82.00 price target for the company. Finally, HSBC raised Alliant Energy from a “hold” rating to a “buy” rating in a research note on Wednesday, January 21st.

View Our Latest Analysis on Alliant Energy

Institutional Trading of Alliant Energy Institutional investors and hedge funds have recently modified their holdings of the business. AQR Capital Management LLC raised its position in shares of Alliant Energy by 103.8% in the first quarter. AQR Capital Management LLC now owns 66,701 shares of the company’s stock valued at $4,292,000 after buying an additional 33,978 shares during the last quarter. Goldman Sachs Group Inc. boosted its position in Alliant Energy by 98.7% during the first quarter. Goldman Sachs Group Inc. now owns 1,084,562 shares of the company’s stock worth $69,792,000 after acquiring an additional 538,603 shares during the last quarter. Empowered Funds LLC boosted its position in Alliant Energy by 18.8% during the first quarter. Empowered Funds LLC now owns 6,166 shares of the company’s stock worth $397,000 after acquiring an additional 974 shares during the last quarter. Woodline Partners LP grew its stake in Alliant Energy by 40.7% in the 1st quarter. Woodline Partners LP now owns 21,679 shares of the company’s stock worth $1,395,000 after acquiring an additional 6,269 shares during the period. Finally, Geneos Wealth Management Inc. grew its stake in Alliant Energy by 23.5% in the 1st quarter. Geneos Wealth Management Inc. now owns 1,256 shares of the company’s stock worth $81,000 after acquiring an additional 239 shares during the period. Hedge funds and other institutional investors own 79.90% of the company’s stock.

Alliant Energy Stock Up 1.4% Shares of NASDAQ LNT opened at $71.49 on Tuesday. The stock has a market capitalization of $18.38 billion, a price-to-earnings ratio of 22.70, a price-to-earnings-growth ratio of 2.89 and a beta of 0.66. Alliant Energy has a 52 week low of $57.09 and a 52 week high of $73.41. The firm has a 50-day moving average price of $69.69 and a 200 day moving average price of $67.66. The company has a quick ratio of 0.66, a current ratio of 0.80 and a debt-to-equity ratio of 1.49.

Alliant Energy (NASDAQ:LNT – Get Free Report) last issued its earnings results on Friday, February 20th. The company reported $0.60 earnings per share for the quarter, topping the consensus estimate of $0.58 by $0.02. Alliant Energy had a net margin of 18.57% and a return on equity of 11.51%. The company had revenue of $1.06 billion for the quarter, compared to analyst estimates of $673.11 million. During the same period in the prior year, the business posted $0.70 earnings per share. The firm’s revenue for the quarter was up 9.0% compared to the same quarter last year. Equities research analysts anticipate that Alliant Energy will post 3.23 EPS for the current fiscal year.

Alliant Energy Increases Dividend The firm also recently announced a quarterly dividend, which was paid on Tuesday, February 17th. Shareholders of record on Friday, January 30th were issued a dividend of $0.535 per share. This is an increase from Alliant Energy’s previous quarterly dividend of $0.51. The ex-dividend date was Friday, January 30th. This represents a $2.14 annualized dividend and a yield of 3.0%. Alliant Energy’s payout ratio is 67.94%.

About Alliant Energy (Get Free Report)

Alliant Energy Corporation (NASDAQ: LNT) is a publicly traded energy holding company headquartered in Madison, Wisconsin, that provides regulated electric and natural gas utility services in the American Midwest. The company serves customers primarily in Wisconsin and Iowa through its regulated utility subsidiaries and operates as an integrated provider responsible for generation, transmission and distribution of energy to residential, commercial and industrial customers.

Alliant Energy’s core activities include operating and maintaining electric generation assets, managing the regional transmission and distribution network, and delivering natural gas service to its franchise territories.

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Key Takeaways Alliant Energy gains from customer growth and data center demand, supporting steady earnings expansion. LNT signed 3 GW data center deals and targets 5-7% annual earnings growth with strong supply chain support. Alliant Energy plans $13.4B investment to expand renewables, storage, and infrastructure for long-term growth. Alliant Energy (LNT - Free Report) benefits from customer growth, a rise in data center demand and strong supply-chain management, supporting its steady earnings growth. Its strategic capital investment improves operational reliability, expands renewable assets and supports long-term growth.

This Zacks Rank #3 (Hold) company faces risks from a rise in transmission costs and regulatory challenges, which may negatively affect its profitability.

LNT’s TailwindsAlliant Energy benefits from an expanding customer base, driven by economic development in its service territory. This creates fresh demand for utility services, improving overall operational and financial performance. Rising demand from LNT’s diverse customer mix ensures long-term earnings stability.

LNT is aided by increasing electricity load growth from data centers. The company signed 3 gigawatts data center contract and long-term service agreements with high-quality customers, boosting its financial performance.

Alliant Energy has a strong supply chain with no disruption, which helps in effective cost control and supports consistent revenue growth. LNT targets 5-7% annual earnings growth and projects earnings per share to exceed 7% annually during the 2027-2029 period.

Alliant Energy's strategic capital investment in renewable expansion and infrastructure development strengthens service reliability, supports cleaner energy generation and drives long-term growth. The company plans $13.4 billion in capital investment during 2026-2029, supporting 12% rate-based growth. Through systematic investment, the company aims to add 1,000 MW of Energy Storage and 1,300 MW of new renewables in the portfolio to meet the rising demand in its service territories.

LNT’s HeadwindsAlliant Energy’s unit, Interstate Power and Light Company and Wisconsin Power and Light Company, depend on interstate electric transmission systems that are not owned or controlled by it and rates charged are regulated by FERC. Any rise in transmission costs or underperformance by third parties may adversely affect the company’s operational performance and pressure margin.

LNT operations are governed by extensive environmental regulations at both the federal and state levels. Any non-compliance with laws may adversely impact its operation and affect financial performance.

Price Performance of LNTIn the past three months, Alliant Energy's shares have rallied 14.0% compared with the industry’s 12.1% growth.

Image Source: Zacks Investment Research

Stocks to ConsiderSome better-ranked stocks in the same industry are CMS Energy (CMS - Free Report) , DTE Energy (DTE - Free Report) and Duke Energy (DUK - Free Report) . All stocks currently carry a Zacks Rank #2 (Buy). You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.

CMS, DTE and DUK have dividend yields of 2.89%, 3.13% and 3.24%, respectively, which are better than the Zacks S&P 500 composite’s yield of 1.41%.

The Zacks Consensus Estimate for CMS Energy, DTE Energy and Duke Energy’s 2026 EPS are pegged at $3.86, $7.72 and $6.71, indicating year-over-year growth of 6.93%, 4.89% and 6.34%, respectively.

Posted by Defense World Staff on Apr 11th, 2026

Carnegie Investment Counsel trimmed its holdings in shares of Alliant Energy Corporation (NASDAQ:LNT – Free Report) by 1.5% during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 613,708 shares of the company’s stock after selling 9,113 shares during the period. Carnegie Investment Counsel owned about 0.24% of Alliant Energy worth $39,897,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in LNT. Measured Wealth Private Client Group LLC bought a new position in Alliant Energy during the 3rd quarter worth about $27,000. MRP Capital Investments LLC bought a new position in Alliant Energy during the 3rd quarter worth about $35,000. Hantz Financial Services Inc. grew its holdings in Alliant Energy by 256.7% during the 3rd quarter. Hantz Financial Services Inc. now owns 560 shares of the company’s stock worth $38,000 after acquiring an additional 403 shares in the last quarter. Capital A Wealth Management LLC grew its holdings in Alliant Energy by 5,709.1% during the 2nd quarter. Capital A Wealth Management LLC now owns 639 shares of the company’s stock worth $39,000 after acquiring an additional 628 shares in the last quarter. Finally, CYBER HORNET ETFs LLC bought a new position in Alliant Energy during the 2nd quarter worth about $40,000. 79.90% of the stock is currently owned by institutional investors.

Wall Street Analyst Weigh In A number of research firms have recently weighed in on LNT. Wall Street Zen cut shares of Alliant Energy from a “hold” rating to a “sell” rating in a report on Sunday, March 1st. Wells Fargo & Company restated an “overweight” rating and issued a $75.00 price target on shares of Alliant Energy in a report on Sunday, February 22nd. UBS Group set a $75.00 price target on shares of Alliant Energy and gave the company a “buy” rating in a report on Wednesday, December 17th. Royal Bank Of Canada began coverage on shares of Alliant Energy in a report on Wednesday, March 11th. They issued an “outperform” rating and a $82.00 price target on the stock. Finally, Mizuho raised their price target on shares of Alliant Energy from $73.00 to $74.00 and gave the company a “neutral” rating in a report on Monday, March 16th. Nine research analysts have rated the stock with a Buy rating and three have given a Hold rating to the stock. According to MarketBeat, Alliant Energy has a consensus rating of “Moderate Buy” and an average target price of $75.44.

Read Our Latest Stock Report on LNT

Alliant Energy Stock Down 0.8% NASDAQ:LNT opened at $73.10 on Friday. The stock has a market capitalization of $18.88 billion, a P/E ratio of 23.21, a P/E/G ratio of 3.02 and a beta of 0.61. The company has a debt-to-equity ratio of 1.49, a quick ratio of 0.66 and a current ratio of 0.80. The company’s 50-day simple moving average is $70.75 and its 200-day simple moving average is $68.15. Alliant Energy Corporation has a fifty-two week low of $58.67 and a fifty-two week high of $74.40.

Alliant Energy (NASDAQ:LNT – Get Free Report) last announced its quarterly earnings data on Friday, February 20th. The company reported $0.60 EPS for the quarter, beating the consensus estimate of $0.58 by $0.02. The firm had revenue of $1.06 billion during the quarter, compared to analyst estimates of $673.11 million. Alliant Energy had a net margin of 18.57% and a return on equity of 11.51%. Alliant Energy’s revenue was up 9.0% on a year-over-year basis. During the same period last year, the firm posted $0.70 EPS. On average, equities analysts anticipate that Alliant Energy Corporation will post 3.23 earnings per share for the current fiscal year.

Alliant Energy Increases Dividend The business also recently disclosed a quarterly dividend, which was paid on Tuesday, February 17th. Investors of record on Friday, January 30th were given a $0.535 dividend. This represents a $2.14 annualized dividend and a dividend yield of 2.9%. The ex-dividend date of this dividend was Friday, January 30th. This is an increase from Alliant Energy’s previous quarterly dividend of $0.51. Alliant Energy’s payout ratio is 67.94%.

Alliant Energy Company Profile (Free Report)

Alliant Energy Corporation (NASDAQ: LNT) is a publicly traded energy holding company headquartered in Madison, Wisconsin, that provides regulated electric and natural gas utility services in the American Midwest. The company serves customers primarily in Wisconsin and Iowa through its regulated utility subsidiaries and operates as an integrated provider responsible for generation, transmission and distribution of energy to residential, commercial and industrial customers.

Alliant Energy’s core activities include operating and maintaining electric generation assets, managing the regional transmission and distribution network, and delivering natural gas service to its franchise territories.

Read More Five stocks we like better than Alliant Energy Want to see what other hedge funds are holding LNT? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Alliant Energy Corporation (NASDAQ:LNT – Free Report).

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Wall Street expects flat earnings compared to the year-ago quarter on higher revenues when Alliant Energy (LNT - Free Report) reports results for the quarter ended March 2026. While this widely-known consensus outlook is important in gauging the company's earnings picture, a powerful factor that could impact its near-term stock price is how the actual results compare to these estimates.

The stock might move higher if these key numbers top expectations in the upcoming earnings report, which is expected to be released on April 30. On the other hand, if they miss, the stock may move lower.

While management's discussion of business conditions on the earnings call will mostly determine the sustainability of the immediate price change and future earnings expectations, it's worth having a handicapping insight into the odds of a positive EPS surprise.

Zacks Consensus EstimateThis electric and gas utility parent company is expected to post quarterly earnings of $0.83 per share in its upcoming report, which represents no change from the year-ago quarter.

Revenues are expected to be $1.17 billion, up 3.9% from the year-ago quarter.

Estimate Revisions TrendThe consensus EPS estimate for the quarter has been revised 4.2% lower over the last 30 days to the current level. This is essentially a reflection of how the covering analysts have collectively reassessed their initial estimates over this period.

Investors should keep in mind that an aggregate change may not always reflect the direction of estimate revisions by each of the covering analysts.

Price, Consensus and EPS Surprise

Earnings WhisperEstimate revisions ahead of a company's earnings release offer clues to the business conditions for the period whose results are coming out. This insight is at the core of our proprietary surprise prediction model -- the Zacks Earnings ESP (Expected Surprise Prediction).

The Zacks Earnings ESP compares the Most Accurate Estimate to the Zacks Consensus Estimate for the quarter; the Most Accurate Estimate is a more recent version of the Zacks Consensus EPS estimate. The idea here is that analysts revising their estimates right before an earnings release have the latest information, which could potentially be more accurate than what they and others contributing to the consensus had predicted earlier.

Thus, a positive or negative Earnings ESP reading theoretically indicates the likely deviation of the actual earnings from the consensus estimate. However, the model's predictive power is significant for positive ESP readings only.

A positive Earnings ESP is a strong predictor of an earnings beat, particularly when combined with a Zacks Rank #1 (Strong Buy), 2 (Buy) or 3 (Hold). Our research shows that stocks with this combination produce a positive surprise nearly 70% of the time, and a solid Zacks Rank actually increases the predictive power of Earnings ESP.

Please note that a negative Earnings ESP reading is not indicative of an earnings miss. Our research shows that it is difficult to predict an earnings beat with any degree of confidence for stocks with negative Earnings ESP readings and/or Zacks Rank of 4 (Sell) or 5 (Strong Sell).

How Have the Numbers Shaped Up for Alliant Energy?For Alliant Energy, the Most Accurate Estimate is higher than the Zacks Consensus Estimate, suggesting that analysts have recently become bullish on the company's earnings prospects. This has resulted in an Earnings ESP of +1.21%.

On the other hand, the stock currently carries a Zacks Rank of #3.

So, this combination indicates that Alliant Energy will most likely beat the consensus EPS estimate.

Does Earnings Surprise History Hold Any Clue?While calculating estimates for a company's future earnings, analysts often consider to what extent it has been able to match past consensus estimates. So, it's worth taking a look at the surprise history for gauging its influence on the upcoming number.

For the last reported quarter, it was expected that Alliant Energy would post earnings of $0.58 per share when it actually produced earnings of $0.60, delivering a surprise of +3.45%.

Over the last four quarters, the company has beaten consensus EPS estimates three times.

Bottom LineAn earnings beat or miss may not be the sole basis for a stock moving higher or lower. Many stocks end up losing ground despite an earnings beat due to other factors that disappoint investors. Similarly, unforeseen catalysts help a number of stocks gain despite an earnings miss.

That said, betting on stocks that are expected to beat earnings expectations does increase the odds of success. This is why it's worth checking a company's Earnings ESP and Zacks Rank ahead of its quarterly release. Make sure to utilize our Earnings ESP Filter to uncover the best stocks to buy or sell before they've reported.

Alliant Energy appears a compelling earnings-beat candidate. However, investors should pay attention to other factors too for betting on this stock or staying away from it ahead of its earnings release.

Expected Results of an Industry PlayerAnother stock from the Zacks Utility - Electric Power industry, CMS Energy (CMS - Free Report) , is soon expected to post earnings of $1.11 per share for the quarter ended March 2026. This estimate indicates a year-over-year change of +8.8%. Revenues for the quarter are expected to be $2.51 billion, up 2.6% from the year-ago quarter.

Over the last 30 days, the consensus EPS estimate for CMS Energy has been revised 3.4% up to the current level. Nevertheless, the company now has an Earnings ESP of -0.75%, reflecting a lower Most Accurate Estimate.

This Earnings ESP, combined with its Zacks Rank #2 (Buy), makes it difficult to conclusively predict that CMS Energy will beat the consensus EPS estimate. Over the last four quarters, the company surpassed consensus EPS estimates three times.

Stay on top of upcoming earnings announcements with the Zacks Earnings Calendar.

Key Takeaways Estimates for LNT's revenues are $1.17B, implying a 3.9% year-over-year increase.LNT's strategic electric distribution investments may have improved reliability and customer experience.Rising data center demand and cost management may help, though higher financing costs could temper gains. Alliant Energy Corporation (LNT - Free Report) is scheduled to release first-quarter 2026 results on April 30, after market close. The company delivered an earnings surprise of 3.45% in the last reported quarter.

Let’s discuss the factors that are likely to be reflected in the upcoming quarterly results.

Factors Likely to Have Influenced LNT’s Q1 EarningsAlliant Energy’s strategic investments in electric distribution, focused on advancing electrification and distributed generation, are likely to have improved service reliability, enhanced customer experience and supported its bottom-line performance in the to-be-reported quarter.

Customers in Alliant Energy’s service territories benefit from electric rates that are below the national average, making its services more appealing to new customers. Alliant Energy continues to add new customers to its existing base. The increase in demand from new customers is expected to have favorably impacted the company’s revenue performance in the quarter to be reported.

The company’s first-quarter earnings are expected to have benefited from solid economic development, rising demand from data centers and its continued focus on cost management.

However, higher financing costs are likely to have tempered some of the positives in the to-be-reported quarter.

Q1 Expectations for LNTThe Zacks Consensus Estimate for revenues is pinned at $1.17 billion, implying a year-over-year rise of 3.9%.

The Zacks Consensus Estimate for earnings is pegged at 82 cents per share, indicating a year-over-year decrease of 1.2%.

The Zacks Consensus Estimate for total electricity delivered is pegged at 8,299.71 megawatt-hours (MWh), up 0.5% year over year.

What Our Quantitative Model Predicts for LNTOur proven model does not conclusively predict an earnings beat for Alliant Energy this time. The combination of a positive Earnings ESP and a Zacks Rank #1 (Strong Buy), 2 (Buy) or 3 (Hold) increases the odds of an earnings beat, which is not the case here, as you will see below.

Stocks to ConsiderInvestors may consider the following players from the same industry, as these have the right combination of elements to post an earnings beat this reporting cycle.

DTE Energy Company (DTE - Free Report) is slated to report its first-quarter 2026 results on April 30, before market open. It has an Earnings ESP of +1.71% and a Zacks Rank of 3 at present.

DTE’s long-term (three to five years) earnings growth rate is 5.94%. The Zacks Consensus Estimate for earnings is pegged at $1.90 per share.

IDACORP, Inc. (IDA - Free Report) is scheduled to report its first-quarter 2026 results on April 30, before market open. It has an Earnings ESP of +2.28% and a Zacks Rank of 3 at present.

IDA’s long-term earnings growth rate is 7.85%. The Zacks Consensus Estimate for earnings stands at $1.10 per share.

American Electric Power Company, Inc. (AEP - Free Report) is scheduled to report its first-quarter 2026 results on May 5, before market open. It has an Earnings ESP of +0.77% and a Zacks Rank of 3 at present.

AEP’s long-term earnings growth rate is 6.72%. The Zacks Consensus Estimate for earnings stands at $1.53 per share.

MADISON, Wis.--(BUSINESS WIRE)--Alliant Energy Corporation (NASDAQ: LNT) today announced U.S. generally accepted accounting principles (GAAP) consolidated unaudited earnings per share (EPS) of $0.87 for first quarter 2026, compared to $0.83 for the first quarter of 2025. Ongoing EPS for first quarter 2026 was $0.82, compared to $0.83 for the first quarter of 2025.

Alliant Energy reaffirmed its consolidated ongoing EPS guidance for 2026 of $3.36 - $3.46, continuing its over a decade strong track record of compound annual earnings growth of more than 6%.

“We are off to a strong start in 2026, delivering approximately 25% of our ongoing earnings guidance midpoint, and reaffirming our full-year ongoing EPS outlook,” said Lisa Barton, Alliant Energy President and CEO. “Our results reflect disciplined execution and continued momentum in data center growth, including the signing of a new electric service agreement in Iowa for approximately 370 megawatts of contracted demand. With five executed agreements, we are translating customer demand into well-structured, long-term growth that benefits investors, existing customers and communities.”

Alliant Energy Consolidated EPS:

GAAP EPS

Non-GAAP EPS

2026

2025

2026

2025

Three months ended March 31

$0.87

$0.83

$0.82

$0.83

In 2026, the primary drivers of Alliant Energy’s results were higher revenue requirements from increasing rate base at IPL and WPL of $0.05 and $0.10 per share, respectively, including investments in generation and energy storage, non-GAAP adjustments in 2026, and higher allowance for funds used during construction. These items were offset by higher financing and depreciation expense related to capital investments, as well as other operating and maintenance expense primarily due to increased electric distribution and generation costs from planned maintenance activities and the addition of new energy resources.

Retail electric and gas sales decreased an estimated $0.04 and $0.03 per share in 2026 and 2025, respectively, due to impacts of temperatures on customer demand.

Alliant Energy’s Non-GAAP, or ongoing, EPS for 2026 excludes $0.05 per share benefit related to the remeasurement of deferred tax assets, reflecting a remeasurement of estimated state income tax apportionment. In the third quarter of 2025, WPL entered into an electric service agreement with a customer who expected to build a data center in WPL’s service territory. In the first quarter of 2026, the customer selected an alternative data center location in IPL’s service territory, and as a result, the electric service agreement with WPL was terminated and subsequently renegotiated and executed with IPL. This non-GAAP adjustment is presented to supplement GAAP results and highlight financial measures not typically associated with ongoing operations.

2026 Earnings Guidance

Alliant Energy is reaffirming its consolidated ongoing EPS guidance for 2026 of $3.36 - $3.46 per diluted share. Assumptions for Alliant Energy’s 2026 EPS guidance include, but are not limited to:

Ability of IPL and WPL to earn their authorized rates of return Normal temperatures in its utility service territories Stable economy and resulting implications on utility sales Execution of capital expenditure plans, including achievement of targeted in-service dates Execution of cost controls and financing plans Consolidated effective tax rate of (29%) The 2026 earnings guidance does not include the impacts of any material non-cash valuation adjustments, regulatory-related charges or credits, reorganizations or restructurings, future changes in laws, regulations or regulatory policies, adjustments made to deferred tax assets and liabilities from changes in forecasted state income tax apportionment and valuation allowances including further corporate tax rate changes in Iowa, changes in credit loss liabilities related to guarantees, pending lawsuits and disputes, settlement charges related to pension and other postretirement benefits plans, federal and state income tax audits and other Internal Revenue Service proceedings, impacts from changes to the authorized return on equity for ATC LLC, or changes in GAAP and tax methods of accounting that may impact the reported results of Alliant Energy.

Earnings Conference Call

A conference call to review the 2026 results is scheduled for Friday, May 1, 2026 at 9 a.m. central time. Alliant Energy President and Chief Executive Officer Lisa Barton, and Executive Vice President and Chief Financial Officer Robert Durian will host the call. The conference call is open to the public and can be accessed in two ways. Interested parties may listen to the call by dialing 800-715-9871 (Toll-Free) or 646-307-1963 (International), conference ID 9124041. Interested parties may also listen to a webcast at www.alliantenergy.com/investors. In conjunction with the information in this earnings announcement and the conference call, Alliant Energy posted supplemental materials on its website. An archive of the webcast will be available on the Company’s website at www.alliantenergy.com/investors for 12 months.

About Alliant Energy Corporation

Alliant Energy is the parent company of two public utility companies - Interstate Power and Light Company and Wisconsin Power and Light Company - and of Alliant Energy Finance, LLC, the parent company of Alliant Energy’s non-utility operations. Alliant Energy, whose core purpose is to serve customers and build stronger communities, is an energy-services provider with utility subsidiaries serving approximately 1,010,000 electric and 435,000 natural gas customers. Providing its customers in the Midwest with regulated electricity and natural gas service is the Company’s primary focus. Alliant Energy, headquartered in Madison, Wisconsin, is a component of the S&P 500 and is traded on the Nasdaq Global Select Market under the symbol LNT. For more information, visit the Company’s website at www.alliantenergy.com.

Forward-Looking Statements

This press release includes forward-looking statements. These forward-looking statements can be identified by words such as “forecast,” “expect,” “guidance,” or other words of similar import. Similarly, statements that describe future financial performance or plans or strategies are forward-looking statements. Such forward-looking statements are subject to certain risks and uncertainties that could cause actual results to differ materially from those expressed in, or implied by, such statements. Actual results could be materially affected by the following factors, among others:

IPL’s and WPL’s ability to obtain adequate and timely rate relief to allow for, among other things, recovery of and/or the return on costs, including fuel costs, operating costs, transmission costs, capacity costs, costs of cancelled generation projects incurred prior to pursuing regulatory approval, as well as costs of generation projects incurred prior to regulatory approval or that exceed initial estimates, deferred expenditures, deferred tax assets, tax expense, interest expense, capital expenditures, marginal costs to service new customers, and remaining costs related to electric generating units (EGUs) that have been or may be permanently closed and certain other retired assets, environmental remediation costs, and decreases in sales volumes, as well as earning their authorized rates of return, payments to their parent of expected levels of dividends, the impact of rate design on current and potential customers and demand for energy in their service territories, and the ability to obtain regulatory approval with acceptable conditions for individual customer rates for large load growth customers; the impact of IPL’s retail electric base rate moratorium; the ability to obtain regulatory approval for construction projects with acceptable conditions; the ability to complete construction of generation and energy storage projects by planned in-service dates, with the expected earnings contributions and within the cost targets set by regulators due to cost increases of and access to materials, equipment and commodities, which could result from tariffs, including previously exempted tariffs related to solar project materials and equipment from certain countries, duties or other assessments, including antidumping or countervailing duties, inflation, labor issues or supply shortages, supply chain disruptions which may result from geopolitical issues, contractor performance, the ability to successfully resolve warranty issues or contract disputes, the ability to obtain adequate generator interconnection agreements to connect the new projects to Midcontinent Independent System Operator, Inc. (MISO) in a timely manner, the ability to obtain siting and environmental permits from local and state agencies and the ability of ITC Midwest LLC (ITC) and American Transmission Company LLC (ATC) to complete transmission upgrades in a timely manner; weather effects on utility sales volumes and operations; the direct or indirect effects resulting from cybersecurity incidents or attacks on Alliant Energy, IPL, WPL, or their suppliers, contractors and partners, or responses to such incidents; the impact of customer- and third party-owned generation and other non-traditional service models, including alternative electric suppliers and potential policy changes, regulatory changes, or legislation that may enable large customers to source behind-the-meter generation directly from third parties or to own or otherwise procure on-site or behind-the-meter generation or participate in co-located resource arrangements, in IPL’s and WPL’s service territories on system reliability, operating expenses and customers’ demand for electricity; economic conditions in IPL’s and WPL’s service territories, including the potential impacts of business or facility closures and tariffs; the ability and cost to attract large load growth customers and to provide sufficient generation and the ability of ITC and ATC to provide sufficient transmission capacity for potential load growth timely, including significant new commercial or industrial customers, such as data centers; the ability of potential large load growth customers to timely construct new facilities, due to local or state regulatory actions, zoning, siting, or permitting actions, public or community opposition or other factors, as well as the resulting higher system load demand by expected levels and timeframes; the impact of large load growth customers altering, delaying or cancelling planned facilities, including any resulting impacts of overbuilt or under-utilized transmission capacity or generation and energy storage assets; the impact of energy efficiency, franchise retention and customer disconnects on sales volumes and operating income; the impact that price changes may have on IPL’s and WPL’s customers’ demand for electric and gas services and their ability to pay their bills; changes in the price of delivered natural gas, transmission, purchased electric energy, purchased electric capacity and delivered coal, particularly during elevated market prices, and any resulting changes to counterparty credit risk, due to shifts in supply and demand caused by market conditions, regulations and MISO’s seasonal resource adequacy process; the ability to achieve the expected level of tax benefits for renewable generation and energy storage projects based on tax guidelines, timely beginning of construction and in-service dates, sourcing permissible amounts of construction and/or financing support from entities with ties to certain foreign countries, compliance with prevailing wage and apprenticeship requirements, project costs and the level of electricity output generated by qualifying generating facilities, and the ability to efficiently utilize the renewable generation and energy storage project tax benefits to achieve IPL’s authorized rate of return and for the benefit of IPL’s and WPL’s customers; federal and state regulatory or governmental actions, including the impact of legislation, Treasury regulations, executive orders, interpretations and guidance, and changes in public policy, including changes impacting renewable tax credits, including any repeal, modification, or reduced funding of the Inflation Reduction Act and the One Big Beautiful Bill Act, and siting generation and energy storage projects; the ability to utilize tax credits generated to date, and those that may be generated in the future, before they expire, as well as the ability to transfer tax credits that may be generated in the future at adequate pricing; the impacts of changes in the tax code, including tax rates, minimum tax rates, adjustments made to deferred tax assets and liabilities, changes in state income tax apportionment, and changes impacting the availability of and ability to transfer renewable tax credits, including preserving the qualification of any future tax credits; disruptions to ongoing operations and the supply of materials, services, equipment and commodities needed to continue to operate and maintain existing assets and to construct capital projects, which may result from geopolitical issues, tariffs, supplier manufacturing constraints, regulatory requirements, labor issues or transportation issues, and thus affect the ability to meet capacity requirements and result in increased capacity expense; inflation and higher interest rates; continued access to the capital markets on competitive terms and rates, and risks associated with potential increases in borrowing costs or reduced access to funding, and the actions of credit rating agencies; the future development of technologies related to electrification, and the ability to reliably store and manage electricity; employee workforce factors, including the ability to hire and retain employees with specialized skills, impacts from employee retirements, changes in key executives, ability to create desired corporate culture, collective bargaining agreements and negotiations, work stoppages or restructurings; disruptions in the supply and delivery of natural gas, purchased electricity and coal; changes to the creditworthiness of, or performance of obligations by, counterparties with which Alliant Energy, IPL and WPL have contractual arrangements, including large load growth customers, participants in the energy markets and fuel suppliers and transporters; the impact of penalties or third-party claims related to, or in connection with, a failure to maintain the security of personally identifiable information, including associated costs to notify affected persons and to mitigate their information security concerns; impacts that terrorist attacks may have on Alliant Energy’s, IPL’s and WPL’s operations and recovery of costs associated with restoration activities, or on the operations of Alliant Energy’s investments; changes to MISO’s interconnection or resource adequacy process establishing capacity planning reserve margin and capacity accreditation requirements that may impact how and when new and existing generating and energy storage facilities may be accredited with energy capacity, and may require IPL and WPL to adjust their current resource plans, to add resources to meet the requirements of MISO’s process or to procure capacity in the market whereby such costs might not be recovered in rates; any legislative or regulatory changes that impose mandatory integrated resource planning requirements or materially modify existing planning processes, potentially affecting resource selection, cost recovery, and the ability to meet large load growth demand for energy; any material post-closing payments related to any past asset divestitures, including the transfer of renewable tax credits, which could result from, among other things, indemnification agreements, warranties, guarantees or litigation; issues associated with environmental remediation and environmental compliance, including compliance with all current environmental and emissions laws, regulations, siting requirements, and permits and future changes in environmental laws and regulations, including the Coal Combustion Residuals Rule, Cross-State Air Pollution Rule and federal, state or local regulations for emissions reductions, including greenhouse gases, from new and existing fossil-fueled EGUs under the Clean Air Act, and litigation associated with environmental requirements; increased pressure from customers, investors and other stakeholders to more rapidly reduce greenhouse gases emissions; the timely development of technologies, innovations and advancements to provide cost effective alternatives to traditional energy sources; the ability to defend against environmental claims brought by state and federal agencies, such as the U.S. Environmental Protection Agency and state natural resources agencies, or third parties, such as the Sierra Club, and the impact on operating expenses of defending and resolving such claims; the direct or indirect effects resulting from breakdown or failure of equipment in the operation of electric and gas distribution systems, such as mechanical problems, disruptions in telecommunications, technological problems, and explosions or fires, and compliance with electric and gas transmission and distribution safety regulations, including regulations promulgated by the Pipeline and Hazardous Materials Safety Administration; issues related to the availability and operations of EGUs and energy storage facilities, including start-up risks, breakdown or failure of equipment, fires, availability of warranty coverage and successful resolution of warranty issues or contract disputes for equipment breakdowns or failures, performance below expected or contracted levels of output or efficiency, operator error, employee safety, transmission constraints, compliance with mandatory reliability standards and risks related to recovery of resulting incremental operating, capacity, fuel-related and capital costs through rates; impacts that excessive heat, excessive cold, storms, wildfires, or natural disasters may have on Alliant Energy’s, IPL’s and WPL’s operations and construction activities, and recovery of costs associated with restoration activities, or on the operations of Alliant Energy’s investments; Alliant Energy’s ability to sustain its dividend payout ratio goal; changes to costs of providing benefits and related funding requirements of pension and other postretirement benefits plans due to the market value of the assets that fund the plans, economic conditions, financial market performance, interest rates, timing and form of benefits payments, life expectancies and demographics; material changes in employee-related benefit and compensation costs, including settlement losses related to pension plans; risks associated with operation and ownership of non-utility holdings, including potential impairments; changes in technology that alter the channels through which customers buy or utilize Alliant Energy’s, IPL’s or WPL’s products and services; risks associated with third-party risk management practices, including vendor financial condition, operational performance, cybersecurity incidents, and compliance with contractual and regulatory requirements; risks associated with large-scale internal technology modernization initiatives, including enterprise asset management systems, operational technology/informational technology integration, cloud transformation, and digital modernization, and the potential for delays, cost overruns, or operational impacts; impacts on equity income from unconsolidated investments from changes in valuations of the assets held, as well as potential changes to ATC’s authorized return on equity; impacts of IPL’s future tax benefits from Iowa rate-making practices, including deductions for repairs expenditures and cost of removal obligations, allocation of mixed service costs and state depreciation, and recoverability of the associated regulatory assets from customers, when the differences reverse in future periods; current or future litigation, regulatory investigations, proceedings or inquiries; reputational damage from negative publicity, protests, fines, penalties and other negative consequences resulting in regulatory and/or legal actions; the direct or indirect effects resulting from pandemics; the effect of accounting standards issued periodically by standard-setting bodies; the ability to successfully complete tax audits and changes in tax accounting methods with no material impact on earnings and cash flows; and other factors listed in the “2026 Earnings Guidance” section of this press release. For more information about potential factors that could affect Alliant Energy’s business and financial results, refer to Alliant Energy’s most recent Annual Report on Form 10-K filed with the Securities and Exchange Commission (SEC), including the section therein titled “Risk Factors,” and its other filings with the SEC.

Without limitation, the expectations with respect to 2026 earnings guidance in this press release are forward-looking statements and are based in part on certain assumptions made by Alliant Energy, some of which are referred to in the forward-looking statements. Alliant Energy cannot provide any assurance that the assumptions referred to in the forward-looking statements or otherwise are accurate or will prove to be correct. Any assumptions that are inaccurate or do not prove to be correct could have a material adverse effect on Alliant Energy’s ability to achieve the estimates or other targets included in the forward-looking statements. The forward-looking statements included herein are made as of the date hereof and, except as required by law, Alliant Energy undertakes no obligation to update publicly such statements to reflect subsequent events or circumstances.

Use of Non-GAAP Financial Measures

To provide investors with additional information regarding Alliant Energy’s financial results, this press release includes reference to certain non-GAAP financial measures. These measures include income and EPS for the three months ended March 31, 2026 excluding the state income tax apportionment benefit at the Parent. Alliant Energy believes these non-GAAP financial measures are useful to investors because they provide an alternate measure to better understand and compare across periods the operating performance of Alliant Energy without the distortion of items that management believes are not normally associated with ongoing operations, and also provides additional information about Alliant Energy’s operations on a basis consistent with the measures that management uses to manage its operations and evaluate its performance. Alliant Energy’s management also uses income, as adjusted, to determine performance-based compensation.

In addition, Alliant Energy included in this press release IPL; WPL; Corporate Services; Utilities and Corporate Services; ATC Holdings; and Non-utility and Parent EPS for the three months ended March 31, 2026 and 2025. Alliant Energy believes these non-GAAP financial measures are useful to investors because they facilitate an understanding of segment performance and trends, and provide additional information about Alliant Energy’s operations on a basis consistent with the measures that management uses to manage its operations and evaluate its performance.

Reconciliation of the non-GAAP financial measures included in this press release to the most directly comparable GAAP financial measures are included in the earnings summaries that follow.

Note: Unless otherwise noted, all “per share” references in this release refer to earnings per diluted share.

ALLIANT ENERGY CORPORATION

EARNINGS SUMMARY (Unaudited)

  The following tables provide a summary of Alliant Energy’s results for the three months ended March 31:

EPS:

GAAP EPS

Adjustments

Non-GAAP EPS

2026

2025

2026

2025

2026

2025

IPL

$0.36

$0.43

$—

$—

$0.36

$0.43

WPL

0.45

0.43

—

—

0.45

0.43

Corporate Services

0.02

0.01

—

—

0.02

0.01

Subtotal for Utilities and Corporate Services

0.83

0.87

—

—

0.83

0.87

ATC Holdings

0.04

0.04

—

—

0.04

0.04

Non-utility and Parent

—

(0.08)

(0.05)

—

(0.05)

(0.08)

Alliant Energy Consolidated

$0.87

$0.83

($0.05)

$—

$0.82

$0.83

Earnings (in millions):

GAAP Income (Loss)

Adjustments

Non-GAAP Income (Loss)

2026

2025

2026

2025

2026

2025

IPL

$94

$110

$—

$—

$94

$110

WPL

117

110

—

—

117

110

Corporate Services

4

5

—

—

4

5

Subtotal for Utilities and Corporate Services

215

225

—

—

215

225

ATC Holdings

11

10

—

—

11

10

Non-utility and Parent

(2)

(22)

(12)

—

(14)

(22)

Alliant Energy Consolidated

$224

$213

($12)

$—

$212

$213

Adjusted, or non-GAAP, earnings for the three months ended March 31 do not include the following item that was included in the reported GAAP earnings:

Non-GAAP Income

Non-GAAP

Adjustments (in millions)

EPS Adjustments

2026

2025

2026

2025

Non-utility and Parent:

State income tax apportionment benefit

($12)

$—

($0.05)

$—

Total Alliant Energy Consolidated

($12)

$—

($0.05)

$—

ALLIANT ENERGY CORPORATION

CONDENSED CONSOLIDATED STATEMENTS OF INCOME (Unaudited)

Three Months Ended March 31,

2026

2025

(in millions, except per share amounts)

Revenues:

Electric utility

$888

$853

Gas utility

271

240

Other utility

2

13

Non-utility

23

22

Total revenues

1,184

1,128

Operating expenses:

Electric production fuel and purchased power

168

175

Electric transmission service

159

158

Cost of gas sold

173

137

Other operation and maintenance:

Energy efficiency costs

18

10

Non-utility Travero

16

16

Other

146

134

Depreciation and amortization

223

211

Taxes other than income taxes

32

30

Total operating expenses

935

871

Operating income

249

257

Other (income) and deductions:

Interest expense

142

119

Equity income from unconsolidated investments, net

(22)

(13)

Allowance for funds used during construction

(30)

(18)

Other

(4)

3

Total other (income) and deductions

86

91

Income before income taxes

163

166

Income tax benefit

(61)

(47)

Net income attributable to Alliant Energy common shareowners

$224

$213

Weighted average number of common shares outstanding:

Basic

257.4

256.8

Diluted

258.8

257.2

Earnings per weighted average common share attributable to Alliant Energy common shareowners (basic and diluted)

$0.87

$0.83

ALLIANT ENERGY CORPORATION

CONDENSED CONSOLIDATED BALANCE SHEETS (Unaudited)

March 31,
2026

December 31,
2025

(in millions)

ASSETS:

Current assets:

Cash and cash equivalents

$115

$556

Other current assets

1,109

1,141

Property, plant and equipment, net

20,589

20,344

Investments

724

694

Other assets

2,276

2,256

Total assets

$24,813

$24,991

LIABILITIES AND EQUITY:

Current liabilities:

Current maturities of long-term debt

$—

$1,074

Commercial paper

433

88

Other short-term borrowings

400

—

Other current liabilities

945

961

Long-term debt, net (excluding current portion)

11,007

10,954

Other liabilities

4,606

4,580

Alliant Energy Corporation common equity

7,422

7,334

Total liabilities and equity

$24,813

$24,991

ALLIANT ENERGY CORPORATION

CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (Unaudited)

Three Months Ended March 31,

2026

2025

(in millions)

Cash flows from operating activities:

Cash flows from operating activities excluding accounts receivable sold to a third party

$475

$365

Accounts receivable sold to a third party

(107)

(116)

Net cash flows from operating activities

368

249

Cash flows used for investing activities:

Construction and acquisition expenditures:

Utility business

(342)

(554)

Other

(72)

(28)

Cash receipts on sold receivables

25

192

Other

(4)

(14)

Net cash flows used for investing activities

(393)

(404)

Cash flows from (used for) financing activities:

Common stock dividends

(137)

(130)

Proceeds from issuance of other short-term borrowings

400

—

Payments to retire long-term debt

(1,075)

—

Net change in commercial paper

395

220

Other

1

9

Net cash flows from (used for) financing activities

(416)

99

Net decrease in cash, cash equivalents and restricted cash

(441)

(56)

Cash, cash equivalents and restricted cash at beginning of period

556

81

Cash, cash equivalents and restricted cash at end of period

$115

$25

KEY FINANCIAL AND OPERATING STATISTICS

March 31, 2026

March 31, 2025

Common shares outstanding (000s)

258,277

256,876

Book value per share

$28.74

$27.61

Quarterly common dividend rate per share

$0.535

$0.5075

Three Months Ended March 31,

2026

2025

Utility electric sales (000s of megawatt-hours)

Residential

1,835

1,871

Commercial

1,602

1,599

Industrial

2,542

2,519

Industrial - co-generation customers

158

185

Retail subtotal

6,137

6,174

Sales for resale:

Wholesale

511

691

Bulk power and other

1,626

1,378

Other

13

14

Total

8,287

8,257

Utility retail electric customers (at March 31)

Residential

862,149

856,212

Commercial

146,914

146,333

Industrial

2,371

2,363

Total

1,011,434

1,004,908

Utility gas sold and transported (000s of dekatherms)

Residential

13,172

14,039

Commercial

8,475

8,965

Industrial

839

818

Retail subtotal

22,486

23,822

Transportation / other

32,813

31,006

Total

55,299

54,828

Utility retail gas customers (at March 31)

Residential

388,590

386,261

Commercial

45,529

45,326

Industrial

314

316

Total

434,433

431,903

Estimated operating income decreases from impacts of temperatures (in millions) -

Three Months Ended March 31,

2026

2025

Electric

($10)

($6)

Gas

(6)

(3)

Total temperature impact

($16)

($9)

Three Months Ended March 31,

2026

2025

Normal

Heating degree days (HDDs) (a)

Cedar Rapids, Iowa (IPL)

3,037

3,240

3,420

Madison, Wisconsin (WPL)

3,322

3,367

3,500

Alliant Energy Corporation (LNT) Q1 2026 Earnings Call Transcript

NEW YORK, May 13, 2026 (GLOBE NEWSWIRE) -- Leading securities law firm Bleichmar Fonti & Auld LLP announces an investigation into Planet Fitness, Inc. (NYSE:PLNT) for potential securities fraud after its significant stock drop.

If you invested in Planet Fitness, you are encouraged to obtain additional information by visiting: https://www.bfalaw.com/cases/planet-fitness-class-action-lawsuit.

Key Details of the Planet Fitness ($PLNT) Class Action Investigation:

Investigation Overview: Securities fraud regarding Planet Fitness’s failed marketing campaign that alienated the company’s core market and led to disappointing membership growth during the key Q1 sign-up period.Stock Decline: May 7, 2026 – 31% Stock DropAction: Contact BFA Law to discuss your rights Why is Planet Fitness Being Investigated for Securities Fraud?

Planet Fitness is a large franchisor and operator of fitness centers across the United States. The company aims to offer a fitness experience in a non-intimidating environment, which it calls the Judgement Free Zone. 

BFA is investigating whether Planet Fitness made false and misleading statements to investors regarding the purported success of its marketing campaign to focus on “fitness-minded” members.

Why did Planet Fitness’s Stock Drop?

On May 7, 2026, Planet Fitness released its Q1 2026 financial results. The company announced disappointing membership growth and cut 2026 revenue growth guidance from approximately 9% to about 7% and adjusted EBITDA growth guidance from roughly 10% to approximately 6%. During the same-day earnings call, the company stated that its marketing “may have pivoted too far” as the company “shift[ed] from [its] lighthearted approachable tone” to one that “increased penetration with the fitness-minded.”

This news caused the price of Planet Fitness stock to decline $19.95 per share, or 31%, from a closing price of $63.96 per share on May 6, 2026, to $44.01 per share on May 7, 2026.

Click here for more information: https://www.bfalaw.com/cases/planet-fitness-class-action-lawsuit.

What Can You Do?

If you invested in Planet Fitness, you may have legal options and are encouraged to submit your information to the firm.

All representation is on a contingency fee basis; there is no cost to you. Shareholders are not responsible for any court costs or expenses of litigation. The firm will seek court approval for any potential fees and expenses.

Submit your information by visiting:

https://www.bfalaw.com/cases/planet-fitness-class-action-lawsuit

Or contact:

Adam McCall
[email protected]
212.789.3619

Why Bleichmar Fonti & Auld LLP?

BFA is a leading international law firm representing plaintiffs in securities class actions and shareholder litigation. It has been named a top plaintiff law firm by Chambers USA, The Legal 500, and ISS SCAS, and its attorneys have been named “Elite Trial Lawyers” by the National Law Journal, “Litigation Stars” by Benchmark Litigation, among the top “500 Leading Plaintiff Financial Lawyers” by Lawdragon, “Titans of the Plaintiffs’ Bar” by Law360 and “SuperLawyers” by Thomson Reuters. Among its recent notable successes, BFA recovered over $900 million in value from Tesla, Inc.’s Board of Directors, as well as $420 million from Teva Pharmaceutical Ind. Ltd.

For more information about BFA and its attorneys, please visit https://www.bfalaw.com.

https://www.bfalaw.com/cases/planet-fitness-class-action-lawsuit

Attorney advertising. Past results do not guarantee future outcomes.

For the quarter ended March 2026, Logitech (LOGI - Free Report) reported revenue of $1.09 billion, up 7.4% over the same period last year. EPS came in at $1.13, compared to $0.93 in the year-ago quarter.

The reported revenue compares to the Zacks Consensus Estimate of $1.08 billion, representing a surprise of +0.1%. The company delivered an EPS surprise of +2.73%, with the consensus EPS estimate being $1.10.

While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wall Street expectations to determine their next course of action, some key metrics always provide a better insight into a company's underlying performance.

Since these metrics play a crucial role in driving the top- and bottom-line numbers, comparing them with the year-ago numbers and what analysts estimated about them helps investors better project a stock's price performance.

Here is how Logitech performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:

Net Sales- Pointing Devices: $200.87 million compared to the $201.19 million average estimate based on four analysts. The reported number represents a change of +8.1% year over year.Net Sales- Keyboards & Combos: $224.58 million versus the four-analyst average estimate of $237 million. The reported number represents a year-over-year change of +1.8%.Net Sales- Webcams: $76.23 million versus $77.7 million estimated by four analysts on average. Compared to the year-ago quarter, this number represents a -2.2% change.Net Sales- Headsets: $44.87 million compared to the $43.46 million average estimate based on four analysts. The reported number represents a change of +5.1% year over year.Net Sales- Video Collaboration: $161.4 million versus $161.56 million estimated by four analysts on average. Compared to the year-ago quarter, this number represents a +12.7% change.Net Sales- Gaming: $292.31 million compared to the $276.89 million average estimate based on four analysts. The reported number represents a change of +11.7% year over year.Net Sales- Other: $18.94 million versus $19.11 million estimated by four analysts on average. Compared to the year-ago quarter, this number represents a -6.5% change.Net Sales- Tablet Accessories: $66.33 million versus the four-analyst average estimate of $67.51 million. The reported number represents a year-over-year change of +14.5%.View all Key Company Metrics for Logitech here>>>

Shares of Logitech have returned +9.8% over the past month versus the Zacks S&P 500 composite's +9.5% change. The stock currently has a Zacks Rank #3 (Hold), indicating that it could perform in line with the broader market in the near term.

Key Takeaways LOGI posted Q4 FY26 EPS of $1.13, up 22% Y/Y, while revenues grew 7% to $1.09B, topping estimates.Logitech saw solid growth in gaming, video collaboration, headsets and pointing devices.Logitech guided Q1 FY27 revenues in the range of $1.19-$1.22B, implying 4-6% Y/Y reported growth. Logitech International S.A. (LOGI - Free Report) reported fourth-quarter fiscal 2026 non-GAAP earnings of $1.13 per share, which beat the Zacks Consensus Estimate by 2.7%. The bottom line increased 22% on a year-over-year basis.

In the fourth quarter of fiscal 2026, LOGI reported revenues of $1.09 billion, which surpassed the consensus mark by 0.9%. Compared with the year-ago quarter, the top line increased 7% on a reported basis and 3% on a constant currency basis.

Logitech’s Q4 Segment DetailsRevenues from Keyboards & Combos rose 2% year over year to $224.6 million. Revenues from the Pointing Devices category grew 8% to $200.9 million, while Webcams decreased 2% to $76.2 million.

Our model estimates for Keyboards & Combos, Pointing Devices and Webcams categories were pegged at $239 million, $206.3 million and $84.1 million, respectively.

Gaming revenues increased 12% year over year to $292.3 million, and Video Collaboration sales rose 13% to $161.4 million. Our model estimates for Gaming and Video Collaboration revenues were pegged at $272.8 million and $152.2 million, respectively.

Revenues from the Headsets product category increased 5% to $44.9 million, while Other categories’ sales plunged 6% to $18.9 million. Tablet Accessories sales increased 14% to $66.3 million. Our model estimates for Headsets, Tablet Accessories and Other categories were pegged at $42.8 million, $65.5 million and $19.8 million, respectively.

Logitech’s Margins & Operating MetricsThe non-GAAP gross profit increased 10.8% year over year to approximately $486.7 million. The non-GAAP gross margin expanded 130 basis points (bps) from the prior-year quarter to 44.8%.

Non-GAAP operating expenses increased 4.6% year over year to approximately $320 million. As a percentage of revenues, non-GAAP operating expenses contracted 80 bps to 21.6%.

Non-GAAP operating income increased 24.5% to $166.6 million from $133.5 million reported in the year-ago quarter. The operating margin expanded 210 basis points to 15.3%.

Logitech’s Liquidity and Shareholder ReturnAs of March 31, 2026, LOGI’s cash and cash equivalents were $1.74 billion, down from the previous quarter’s $1.82 billion. The company generated $203 million in cash from operational activities in the fourth quarter and $1.04 billion in fiscal 2026.

The company returned $280 million of cash to its shareholders through share repurchases during the fourth quarter. In fiscal 2026, the company returned approximately $768 million through share repurchases and dividend payments.

Logitech Initiates Q1 FY27 GuidanceFor the first quarter of fiscal 2027, Logitech projects revenues between $1.19 billion and $1.22 billion. The top-line guidance range suggests year-over-year growth of 4-6% on a reported basis and 2-4% on a constant currency basis. The Zacks Consensus Estimate is pegged at $1.17 billion.

Logitech projects non-GAAP operating profit in the range of $195-$215 million during the first quarter of fiscal 2027.

LOGI’s Zacks Rank & Stocks to ConsiderCurrently, Logitech carries a Zacks Rank #3 (Hold).

Some better-ranked stocks in the broader Zacks Computer and Technology sector are Arista Networks (ANET - Free Report) , Advanced Energy (AEIS - Free Report) and Amphenol (APH - Free Report) , each carrying a Zacks Rank #2 (Buy) at present. You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.

Shares of Arista Networks have gained 29.9% year to date. The Zacks Consensus Estimate for ANET’s 2026 earnings is pegged at $3.54 per share, up by a penny over the past 30 days, indicating an increase of 18.8% year over year.

Shares of Advanced Energy have surged 65.1% year to date. The Zacks Consensus Estimate for AEIS’ 2026 earnings is pegged at $8.37 per share, up by 5 cents over the past seven days, indicating a rise of 30.6% year over year.

Amphenol shares have jumped 1.2% year to date. The Zacks Consensus Estimate for APH’s 2026 earnings is pegged at $4.62 per share, up by 30 cents over the past seven days, indicating an increase of 38.3% year over year.

SAN JOSE, Calif. & LAUSANNE, Switzerland--(BUSINESS WIRE)--Logitech (SIX: LOGN) (NASDAQ: LOGI) today introduced Rugged Combo 4c and Rugged Combo 4c Touch for iPad (A16) and iPad (10th generation), expanding the best-selling Rugged Combo portfolio. Designed to maximize classroom time, the new keyboard cases feature a fully sealed keyboard and a versatile USB-C port that enables students to charge iPad and use a wired headset at the same time. Built to withstand the daily rigors of student life, from backpack commutes to accidental spills, the Rugged Combo 4c ensures that technology remains a reliable tool for learning with simple asset management for IT staff.

“Rugged Combo 4c and Rugged Combo 4c Touch are designed to enhance teaching and learning,” said Joseph Mingori, VP and General Manager of Mobile and Audio Solutions at Logitech. “By incorporating feedback from educators, students and technology directors in the design process, we developed a solution that directly addresses key classroom needs, such as simultaneous charging and peripheral device use.”

As audio becomes increasingly central to literacy, language learning, and digital assessments, Rugged Combo 4c ensures that technology seamlessly supports the lesson. The addition of a dedicated USB-C port allows students to charge iPads and use wired headphones, eliminating the need to choose between power and audio. This flexibility ensures a consistent lesson flow, allowing students to engage deeply for extended periods of time with digital content in any classroom setting.

For technology administrators, Rugged Combo 4c is designed to simplify deployment at scale. Each unit includes a large asset tag window for quick iPad asset identification and an integrated QR code for rapid accessory serial number tracking. These features reduce the time required for asset management, allowing IT teams to deploy and manage large fleets of devices with greater speed and accuracy.

By integrating new enhancements with the popular elements from the Rugged Combo line, these new products aim to keep everyone engaged and on task. Additional features include:

Smart Connector: Instantly pairs with iPad for seamless setup, powered directly by iPad so charging of the Rugged Combo 4c is never required. Multi-touch Trackpad: The Rugged Combo 4c Touch features a large, high-precision trackpad so students can seamlessly navigate and engage with content in a natural, intuitive way. Sealed, Spill-Resistant Keyboard: Delivers a comfortable and silent typing experience while protecting against spills in busy classroom environments. Easy to clean: Designed with durable and easy-to-clean material, tested to withstand over three years of daily cleaning at schools. Four use modes: Type, View, Read, & Sketch. Availability

Rugged Combo 4c and Rugged Combo 4c Touch are available to order through Logitech’s authorized education distributors. For details on product specifications or support, please visit https://www.logitech.com/rugged-combo-4.

About Logitech

Logitech designs software-enabled hardware solutions that help businesses thrive and bring people together when working, creating, gaming and streaming. As the point of connection between people and the digital world, our mission is to extend human potential in work and play, in a way that is good for people and the planet. Founded in 1981, Logitech International is a Swiss public company listed on the SIX Swiss Exchange (LOGN) and on the Nasdaq Global Select Market (LOGI). Find Logitech and its other brands, including Logitech G, at www.logitech.com or company blog.

Logitech and other Logitech marks are trademarks or registered trademarks of Logitech Europe S.A. and/or its affiliates in the U.S. and other countries. All other trademarks are the property of their respective owners. For more information about Logitech and its products, visit the company’s website at www.logitech.com.

Item 1 of 2 Logitech CEO Hanneke Faber poses before an interview with Reuters in Ecublens, Switzerland, April 30, 2024. REUTERS/Denis Balibouse/File Photo

[1/2]Logitech CEO Hanneke Faber poses before an interview with Reuters in Ecublens, Switzerland, April 30, 2024. REUTERS/Denis Balibouse/File Photo Purchase Licensing Rights, opens new tab

SummaryCompaniesCompany raising spending on R&D and marketingSees gaming markets as resilientCompany looking to focus more on business customersSees small hit from distribution problems in Middle EastZURICH, May 8 (Reuters) - Logitech ​International (LOGN.S), opens new tab will increase spending on product development and marketing this year, CEO Hanneke Faber said, ‌even as concerns grow of a possible global economic slowdown fuelled by the Iran war.

The Swiss-U.S. maker of keyboards, mice and video-conferencing equipment is betting on gaming, business customers and artificial intelligence-enabled devices to maintain growth, after cutting costs last year to offset the impact of U.S. ​President Donald Trump's tariffs.

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The push comes despite supply disruptions in the Middle East, which have complicated ​shipments and are expected to cost the company about $15 million in sales in the ⁠current quarter, after a $5 million hit in the three months to the end of March.

Logitech expects momentum ​from its fourth quarter to carry into the current period, aiming for 2% to 4% sales growth in constant ​currencies to $1.190 billion to $1.215 billion.

"We can and we should invest," Faber told Reuters. "The world is changing so fast with AI, which offers so many opportunities.

"We came out of the last fiscal year with such a strong financial base, so we have the ​firepower to do it," she added.

Logitech plans to keep total operating expenses for the fiscal year toward the ​top end of its long-term range of 24% to 26% of sales, up from 24.8% in the 12 months to ‌March ⁠2026.

GAMING AND BUSINESS DEMAND SEEN AS RESILIENTResearch and development spending to produce new devices should be around 6% of sales this year, after coming in slightly below that level last year, while sales and marketing spending will also rise from about 16%, Faber said.

Gaming remains a key focus, with younger consumers spending more time playing ​computer games, making it a ​resilient market, she added.

Logitech ⁠is also stepping up efforts to win more business customers, with demand expected to remain strong as companies boosted by strong recent earnings invest in new computer ​hardware.

The company would look at healthcare, education and government as long-term growth areas, ​Faber said.

Logitech ⁠has been shielded from oil price rises which have made plastic more expensive, due to 78% of the company's products using recycled rather than virgin plastic.

Still, Middle East disruption has hit sales because some products could not be ⁠delivered from ​factories in Asia to its distribution centre in Dubai and ​on to other parts of the Gulf and Africa, despite demand remaining intact.

"We're not seeing that demand for our products is down," Faber ​said. "It's just logistically hard to get it to people."

Reporting by John Revill Editing by David Goodman and Louise Heavens

Our Standards: The Thomson Reuters Trust Principles., opens new tab

On May 12, 2026, Logitech International SA (LOGI) shares fell 5.3% to $103.56. This drop comes in the context of a 52-week price range of $81.98 to $123.01, hig

Logitech International S.A. (LOGI) Presents at J.P.

LAUSANNE, Switzerland & SAN JOSE, Calif.--(BUSINESS WIRE)--Logitech (SIX: LOGN) (NASDAQ: LOGI) today announced the launch of Signature Comfort Plus, the newest addition to Logitech’s Signature Series of everyday tools designed for modern work and life. Signature Comfort Plus is designed for long days at the desk where work and personal tasks overlap. It reduces the small, repeated friction of constant switching between your tasks and devices, and makes work-life smoother across the day through enhanced comfort, quieter mouse clicks, and simple controls. The new comfort-focused lineup includes the Signature Comfort Plus M850 L mouse with palm cushion support and the MK880 Signature Comfort Plus combo. The lineup also includes the M840 L mouse without a palm cushion.

“People now spend long, full days at their desks, constantly moving between tasks, screens, and personal moments,” said Art O'Gnimh, General Manager of Mice & Keyboard Solutions Group at Logitech. “These are tools that don’t ask for attention, they give it back, removing small distractions and adding comfort so everything feels smoother and more effortless.”

Built for long, full desk days

Signature Comfort Plus is designed to enhance comfort and everyday ease. The M850 L mouse debuts Logitech’s palm cushion design, paired with a sculpted right-hand shape and rubber side grips for a more relaxed feel over long hours. Real-world tested by professionals, the palm cushion is tuned for the kind of long desk days people actually have. The MK880 Signature Comfort Plus combo also features a keyboard with deep cushioned keys, a dual-foam palm rest, and curved typing angles designed for extended desk sessions.

Together, they support more comfortable hand positioning and quieter mouse clicks, with Easy-Switch across up to three devices plus customizable shortcuts, meeting controls, and AI launch access.

Ready for Business

Signature Comfort Plus lineup is also adapted for enterprise deployment at scale. Signature Comfort Plus for Business combines employee comfort with secure connectivity and simplified fleet management. The Logi Bolt USB-C receiver is included for secure, reliable connectivity in high-density environments. Devices can be monitored through Logitech Sync*, giving IT teams centralized visibility into device and firmware status. Multi-OS compatibility, quiet operation, and customizable controls support employee productivity without adding IT complexity. With global availability and customer support, it’s built to scale seamlessly across your workforce.

Designed for Sustainability

Signature Comfort Plus is developed in line with Design for Sustainability principles. Plastic parts in the Comfort Plus lineup contain between 49% and 77% certified post-consumer recycled plastic, depending on the color, helping enhance circularity and lower the products’ carbon footprint. Products ship in FSC™-certified paper packaging and are designed for long battery life, reducing the frequency of battery changes.

Key features

Cushion-first comfort design: Logitech’s first palm cushion mouse paired with a keyboard featuring a soft, dual-layer foam palm rest and naturally curved typing angles. Quiet productivity experience: Silent mouse clicks and lower noise typing help reduce distraction in shared and hybrid workspaces. Multi-device, multi-OS compatibility: It works seamlessly across operating systems with a multi-OS layout, and allows users to switch typing between up to three devices; your work computer, home laptop, tablet, or phone, using Easy-Switch keys. Customizable controls with Logi Options+ and Logi Tune: With the Logi Options+ App, users can personalize their keyboard experience, assigning Smart Actions to automate common tasks, or using the AI Launch Key to instantly access preferred tools like Copilot, Gemini, or ChatGPT. With Logi Tune, users can assign functions for Zoom Workplace and Microsoft Teams applications. Long-lasting, multi-year battery life: Up to three-year keyboard battery life and up to two-year mouse battery life. Core technical highlights

Mouse*

Palm cushion support design Right-hand sculpted shape with rubber side grips Silent clicking and scrolling SmartWheel precision and fast scrolling Customizable buttons via Logi Options+ Actions ring direct access via Logi options+ Easy-Switch multi-device connectivity (up to 3 devices) Multi-OS compatibility Up to two-year battery life Keyboard

Dual-foam palm rest and curved typing angles Adjustable typing angles (0°, 4°, 8°) Deep cushioned keys Easy-Switch keys (connect and type on up to 3 devices) Multi-OS layout (Windows/macOS/ChromeOS) Customizable AI Launch Key Supported by Logi Options+ Spill-resistant design Up to three-year battery life Business version

Logi Bolt USB-C secure wireless receiver Compatible with Logitech Sync device management Enterprise deployment support Pricing and availability

Signature Comfort Plus M850 L palm cushion mouse, MK880 Signature Comfort Plus combo, and M840 L non-cushion mouse will be available globally for $49.99, $99.99 and $39.99 respectively starting June, 2026 on logitech.com and through authorized resellers. The M850 L for Business, and MK880 combo for business will be available for $59.99 and $109.99 respectively. Products will be offered in graphite, off-white, and black, with specific color variants available by region and channel. Availability and configurations may vary.

About Logitech

Logitech designs software-enabled hardware solutions that help businesses thrive and bring people together when working, creating and gaming. As the point of connection between people and the digital world, our mission is to extend human potential in work and play, in a way that is good for people and the planet. Founded in 1981, Logitech International is a Swiss public company listed on the SIX Swiss Exchange (LOGN) and on the Nasdaq Global Select Market (LOGI). Find Logitech and its other brands, including Logitech G, at www.logitech.com or company blog.

Logitech and other Logitech marks are trademarks or registered trademarks of Logitech Europe S.A. and/or its affiliates in the U.S. and other countries. All other trademarks are the property of their respective owners. For more information about Logitech and its products, visit the company’s website at www.logitech.com.

Logitech Eyes Breakout Before Earnings—Citigroup Sees 30% UpsideLogitech International NASDAQ: LOGI Chief Executive Hanneke Faber said the company is entering its next phase from a position of financial strength, with plans to increase investment in innovation, business-to-business sales and marketing while keeping margins near the high end of its long-term model.

Speaking at a JPMorgan investor session hosted by Applied Emerging Tech Analyst Paul Chung, Faber said she was “proud” of Logitech’s execution over the past two years but also sees “a huge sense of urgency” as artificial intelligence changes how people work and play.

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Big Buybacks: 3 Large Caps Exceed 5% Repurchase PowerFaber said that when she joined the company, the business was declining and China was “in really poor shape.” She pointed to eight consecutive quarters of growth, operating income margins of 18.8% in the last fiscal year and a “super clean” balance sheet with $1.7 billion in cash and no debt.

Logitech Plans to Invest More Aggressively Faber said Logitech can invest because of its current financial position and should invest because AI is creating opportunities in existing and new product categories. She identified three main areas of incremental investment:

Research and development and innovation; B2B sales capabilities; Marketing, where she said Logitech has historically spent at low levels but is seeing strong returns. Garmin’s Growth Signals Wearables Surge: Stocks to WatchFaber said the company will continue to apply cost discipline, especially in general and administrative expenses, including through internal AI use. She said Logitech achieved 170 basis points of operating expense leverage last fiscal year and remains comfortable that margins can stay at the high end of its long-term operating margin model of 15% to 18%.

MX Master 4 Becomes Fastest-Adopting New Product Faber highlighted the MX Master 4 mouse as a recent example of Logitech’s product strategy. She said the product launched last October and has already generated more than $100 million in revenue, making it Logitech’s fastest adoption of any new product. She also said it helped the company gain 140 basis points of worldwide market share over nine months.

According to Faber, the product’s success came from designing for a specific audience, offering clear productivity benefits and using targeted marketing. She said Logitech sees the same model as applicable to other categories, including pro gaming, simulation racing and ergonomics.

Faber said Logitech expects to introduce about 35 to 40 products per year, plus five to 10 “China for China” products. She said the company is not focused on increasing product count but on making each innovation larger and bringing products to market faster. She cited the PRO X SUPERLIGHT gaming mouse, which she said moved from prototype to launch in 10 months with help from AI.

China Strategy and B2B Growth Faber described Logitech’s China-focused innovation strategy as a “structural advantage,” citing China’s position as the world’s largest and most sophisticated gaming market. She said products developed for China can also inform launches elsewhere, pointing to the Alto Keys customizable mechanical keyboard, which was later launched in the U.S. and is “working very well.”

In B2B, Faber said the segment represents about 40% of Logitech’s business and has been growing faster than the consumer business. She said B2B demand grew in the high single digits last fiscal year, while B2C grew at a somewhat lower rate, contributing to 6% dollar growth overall.

Faber said she does not manage the business to a strict target of B2B reaching 50% of revenue, but said Logitech will move closer to that level if B2B continues to outgrow B2C. She said the company is adding salespeople and measuring the returns tightly.

AI Products and Internal Productivity Faber said Logitech’s role has long been to connect humans and technology, and that AI is the latest technology shift creating new opportunities. She pointed to Rally AI video conferencing cameras as an example of making existing categories smarter, describing features such as smart switching, smart framing, meeting summaries and “digital cocoons.”

She also cited new products such as the Spot AI sensor, which monitors meeting room occupancy, temperature and CO2, and styluses for Meta Quest and Apple Vision Pro devices. Faber said voice is another modality Logitech is working on.

Faber said the video conferencing market has two major growth drivers: a refresh cycle for systems installed during COVID and the fact that less than 25% of meeting rooms globally are video-conference enabled. She said the company sees opportunities both in refreshing existing rooms and equipping new rooms over time.

Logitech is also using AI internally through LogiQ, which Faber said is not intended for external customers. She described it as a platform connecting Logitech’s proprietary data, documents and knowledge with large language models in a secure environment. She said 80% of employees use it daily and that the company has built more than 3,000 AI agents and assistants in the past 18 months, with about 2,000 providing incremental productivity benefits.

M&A, Gaming and Brand Building Faber said Logitech has the financial capacity for acquisitions but remains selective. She said the company has broadened its M&A search in line with its B2B strategy, including healthcare, education and government verticals, but has not yet found the right target. She said ideal acquisitions would be in “design-led software-enabled hardware,” rather than pure software.

On gaming, Faber said Logitech’s business does not depend on any single game release, but acknowledged excitement around the expected launch of GTA VI. She said broader gaming excitement and future game releases should be positive for the gaming market.

Faber also discussed Logitech’s goal of becoming a more iconic brand. She said the brand already has strong awareness and trust, and is especially loved by some gamers, but said the broader business still has progress to make. Logitech is focusing on store and online presence, search visibility, social media and real-life events, while measuring progress through market share, share of search and marketing returns.

About Logitech International NASDAQ: LOGILogitech International SA is a Swiss-headquartered company that designs, manufactures and markets a wide range of computer peripherals and accessories for consumers, gamers and business customers. Founded in 1981, the company develops hardware and complementary software that enable people to interact with digital devices across work, home and entertainment settings. Logitech maintains corporate offices in Switzerland and significant operations in the United States and other regions worldwide.

The company's product portfolio includes mice, keyboards, webcams, headsets, microphones, speakers, remote controls and other input/output devices, along with specialized lines for gaming, streaming and video collaboration.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to [email protected].

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SAN JOSE, Calif. & LAUSANNE, Switzerland--(BUSINESS WIRE)--Logitech (SIX: LOGN) (NASDAQ: LOGI) today announced Spotlight 2, a premium advanced presenter designed to keep audiences fully engaged. Raising expectations in the presenters category, the device moves beyond simple control to deliver a first-of-its-kind guided breathing experience alongside an intuitive, force-sensitive highlighting button with subtle haptic feedback.

Engineered to build confidence before a speaker even steps on stage, Spotlight 2 ensures the thumb finds its home instantly without a glance, allowing the presenter to highlight the slide details easily and naturally while staying focused on the audience. To prepare for presenting, soft haptic pulses can help regulate breathing and offer a grounding sense of calm.

“Whether a speaker presents daily or is taking the stage for the first time, nerves are natural,” said Joseph Mingori, VP and General Manager at Logitech. “Spotlight 2 is designed to be the steadying anchor in these stressful moments. By combining grounding haptic features that reassure the speaker with enhanced digital capabilities that engage the audience, we are providing technology that lets each presenter take their performance to the next level.”

Digital Highlighting Effects and Customization

Going beyond the limitations of traditional lasers, Spotlight 2 offers advanced highlighting effects including Spotlight, Squarelight, Magnify, and Annotation, in addition to a Digital Pointer and Class 1 laser, ensuring key points land with impact in both in-person and hybrid settings. Easy to use, intuitive and customizable to your own presentation style via the Logi Options+ App, users can configure the Action Button to trigger shortcuts like start, blank screen, or mute with a single press, transforming Spotlight 2 from a simple clicker into a personalized control center.

Designed for Sustainability

Spotlight 2 is designed with thoughtful choices to reduce environmental impact, carefully selecting materials like aluminum made with renewable energy and certified post-consumer recycled plastic (PCR). The presenter plastic parts include 43% recycled plastic for Graphite, Sand, Light Lilac and Black models to give a second life to end-of-life plastics from old consumer electronics, as well as FSCTM-certified paper packaging. The result is a product that is beautiful with a lower carbon impact.

Additional tech specs:

Two ways to connect: Easy pairing via Bluetooth® or the included Logi Bolt USB-C receiver. Quick charge: Get 3 months of use on a full charge or 3 hours of presentation time from a 1-minute charge. Cross-platform compatibility: Works seamlessly across PowerPoint, Google Slides, Keynote on macOS and Windows. Long wireless Range: A range of up to 30m (100 feet) provides the confidence to move, engage, and present without being tied to a laptop. Secure grip: An improved grip design allows for a confident hold, ensuring the presenter remains focused on the performance without the distraction of the device slipping from the hand. Pricing and availability

Spotlight 2 will be available in Graphite and Sand globally, and Light Lilac and Black in select markets for $129.99 USD/$179.99 CAD/€129.99/£109.99. For more details, please visit www.logitech.com or check with your local or online retailer.

About Logitech

Logitech designs software-enabled hardware solutions that help businesses thrive and bring people together when working, creating and gaming. As the point of connection between people and the digital world, our mission is to extend human potential in work and play, in a way that is good for people and the planet. Founded in 1981, Logitech International is a Swiss public company listed on the SIX Swiss Exchange (LOGN) and on the Nasdaq Global Select Market (LOGI). Find Logitech and its other brands, including Logitech G, at www.logitech.com or company blog.

Logitech and other Logitech marks are trademarks or registered trademarks of Logitech Europe S.A. and/or its affiliates in the U.S. and other countries. All other trademarks are the property of their respective owners. For more information about Logitech and its products, visit the company’s website at www.logitech.com.

Logitech (SIX: LOGN) (NASDAQ: LOGI) today solved a major pain point for traveling professionals with the introduction of [url="]Mobi Fold[/url] and [url="]Mobi

ARLINGTON, Va.--(BUSINESS WIRE)--U.S. multifamily vacancy and rent growth projections have been revised in a new forecast from Apartments.com and CoStar, the leading global provider of online real estate marketplaces, information and analytics.

National multifamily vacancy is estimated to increase to 8.8% by the end of this year before easing to 8.4% at the end of 2027.

Apartment rent growth is now expected to increase from 0.2% in the first quarter of 2026 to 0.5% in the second quarter, an upward revision of 10 basis points from the previous forecast. The projected metric for the fourth quarter, however, was lowered slightly from +0.6% to +0.5%.

“The near-term rent growth outlook was maintained after modest first-quarter rent trends fell in line with expectations,” said Grant Montgomery, national director of multifamily analytics at CoStar Group. “However, projections for the second half 2026 were lowered due to softer employment assumptions and the sizeable backlog of excess inventory accumulated across the last two years, which must be absorbed before market conditions can meaningfully tighten.”

“The balance of risks remains tilted to the downside,” said Montgomery. “A near-term energy price spike has eroded consumer spending power, and economists have downgraded employment growth expectations due to significant changes in U.S. tariff policy, slower labor force growth, and increased productivity that allows output to expand with fewer new hires.”

The full forecast can be found here.

For more information about the company, its products and services, please visit costargroup.com.

About CoStar Group

CoStar Group (NASDAQ: CSGP) is a global leader in commercial real estate information, analytics, online marketplaces, and 3D digital twin technology. Founded in 1986, CoStar Group is dedicated to digitizing the world’s real estate, empowering all people to discover properties, insights, and connections that improve their businesses and lives.

CoStar Group’s major brands include CoStar, a leading global provider of commercial real estate data, analytics, and news; LoopNet, the most trafficked commercial real estate marketplace; Apartments.com, the leading platform for apartment rentals; Homes.com, the fastest-growing residential real estate marketplace; and Domain, one of Australia’s leading property marketplaces. CoStar Group’s industry-leading brands also include Matterport, a leading spatial data company whose platform turns buildings into data to make every space more valuable and accessible; STR, a global leader in hospitality data and benchmarking; Ten-X, an online platform for commercial real estate auctions and negotiated bids; and OnTheMarket, a leading residential property portal in the United Kingdom.

CoStar Group’s websites attracted over 131 million average monthly unique visitors in the first quarter of 2026, serving clients around the world. Headquartered in Arlington, Virginia, CoStar Group is committed to transforming the real estate industry through innovative technology and comprehensive market intelligence. From time to time, we plan to utilize our corporate website as a channel of distribution for material company information. For more information, visit CoStarGroup.com.

This news release includes "forward-looking statements," including, without limitation, statements regarding CoStar's expectations or beliefs regarding the future. These statements are based upon current beliefs and are subject to many risks and uncertainties that could cause actual results to differ materially from these statements. The following factors, among others, could cause or contribute to such differences: the risk that U.S. multifamily near-term rent growth and vacancy rates do not occur as forecast. More information about potential factors that could cause results to differ materially from those anticipated in the forward-looking statements include, but are not limited to, those stated in CoStar’s filings from time to time with the Securities and Exchange Commission, including in CoStar’s Annual Report on Form 10-K for the year ended December 31, 2024 and Forms 10-Q for the quarterly periods ended March 31, 2025, June 30, 2025, and September 30, 2025, each of which is filed with the SEC, including in the “Risk Factors” section of those filings, as well as CoStar’s other filings with the SEC available at the SEC’s website (www.sec.gov). All forward-looking statements are based on information available to CoStar on the date hereof, and CoStar assumes no obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.