L3Harris Technologies, Inc. (LHX) income statement
NYSE · Industrials · Aerospace & Defense · 45,000 employees · CEO Sam Mehta
- Price
- $277.61 -0.29%
- Market cap
- $51.7B
- Enterprise value
- $60.2B
- Last report
- Q3 '26 filed 2026-10-29
- Next report
- 2027-01-28 EPS est. $3.13
L3Harris Technologies, Inc. (LHX) reported revenue of $6.06B for Q3 '26 (+7.1% year on year), operating income of $786M (13.0% of revenue) and net income of $632M. Over the last four quarters revenue was $23.3B.
Income statement
| Income statement | Trend | Q4 '23 | Q1 '24 | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 | Q2 '26 | Q3 '26 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $5.34B | $5.21B | $5.3B | $5.29B | $5.52B | $5.13B | $5.43B | $5.66B | $5.65B | $5.74B | $5.88B | $6.06B | |
| Cost of revenue | $3.94B | $3.86B | $3.94B | $3.87B | $4.13B | $3.78B | $4.09B | $4.17B | $4.2B | $4.34B | $4.38B | $4.45B | |
| Gross profit | $1.41B | $1.35B | $1.36B | $1.42B | $1.4B | $1.35B | $1.34B | $1.49B | $1.45B | $1.4B | $1.5B | $1.61B | |
| Research & development | $0 | $114M | $124M | $0 | $0 | $111M | $132M | $137M | $155M | $146M | $0 | $0 | |
| Sales & marketing | $0 | $113M | $112M | $112M | $445M | $120M | $120M | $129M | $109M | $136M | $0 | $0 | |
| General & administrative | $0 | $506M | $409M | $429M | -$1.07B | $388M | $322M | $420M | $630M | $319M | $848M | $826M | |
| Other operating expenses | $1.17B | $237M | $239M | $383M | $1.29B | $177M | $177M | $177M | $176M | $159M | $0 | $0 | |
| Operating expenses | $704M | $970M | $884M | $924M | $669M | $796M | $751M | $863M | $1.07B | $760M | $848M | $826M | |
| Operating income | $701M | $378M | $476M | $495M | $728M | $554M | $584M | $631M | $376M | $642M | $654M | $786M | |
| Interest expense | $171M | $176M | $172M | $166M | $161M | $150M | $152M | $152M | $143M | $136M | $129M | $116M | |
| Other non-operating income (gains on investments, FX ...) | $454M | -$88M | -$86M | -$101M | $80M | -$55M | -$92M | -$88M | -$149M | -$83M | -$185M | -$73M | |
| Total non-operating income | -$625M | -$88M | -$86M | -$65M | -$241M | -$95M | -$60M | -$64M | $6M | -$53M | $56M | -$43M | |
| Income before tax | $76M | $290M | $390M | $430M | $487M | $459M | $524M | $567M | $382M | $589M | $710M | $743M | |
| Income tax | -$50M | $5M | $23M | $26M | $31M | $73M | $66M | $105M | $82M | $77M | $110M | $111M | |
| Net income | $158M | $283M | $366M | $400M | $453M | $386M | $458M | $462M | $300M | $512M | $600M | $632M | |
| EPS (basic) | $0.83 | $1.49 | $1.93 | $2.11 | $2.38 | $2.05 | $2.45 | $2.47 | $1.60 | $2.74 | $3.15 | $3.29 | |
| EPS (diluted) | $0.83 | $1.48 | $1.92 | $2.10 | $2.37 | $2.04 | $2.44 | $2.46 | $1.59 | $2.72 | $3.13 | $3.28 | |
| Shares (basic, weighted) | 190M | 190M | 190M | 190M | 190M | 189M | 187M | 187M | 187M | 187M | 187M | 186M | |
| Shares (diluted, weighted) | 191M | 191M | 191M | 191M | 191M | 189M | 188M | 188M | 188M | 188M | 188M | 187M | |
| Depreciation & amortization | $350M | $320M | $319M | $324M | $326M | $301M | $303M | $309M | $311M | $282M | $288M | $267M | |
| EBITDA | $597M | $786M | $881M | $920M | $974M | $910M | $979M | $1.03B | $836M | $1.01B | $1.13B | $1.13B |
| Income statement | Trend | FY16 | FY17 | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $5.9B | $6.17B | $6.8B | $0 | $18.2B | $17.8B | $17.1B | $19.4B | $21.3B | $21.9B | |
| Cost of revenue | $3.85B | $4.07B | $4.47B | $0 | $12.9B | $12.4B | $12.1B | $14.3B | $15.8B | $16.2B | |
| Gross profit | $2.04B | $2.1B | $2.33B | $0 | $5.31B | $5.38B | $4.93B | $5.11B | $5.52B | $5.63B | |
| Research & development | $0 | $0 | $0 | $0 | $0 | $0 | $603M | $480M | $515M | $536M | |
| Sales & marketing | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $445M | $463M | |
| General & administrative | $0 | $0 | $0 | $0 | $0 | $3.28B | $3B | $3.31B | $1.77B | $1.77B | |
| Other operating expenses | $893M | -$202M | $1.09B | $0 | $1.99B | -$13M | -$603M | -$480M | $779M | $707M | |
| Operating expenses | $2.04B | $980M | $2.33B | $0 | $5.31B | $3.27B | $3B | $3.31B | $3.51B | $3.48B | |
| Operating income | $893M | $1.12B | $1.09B | $0 | $0 | $2.11B | $1.93B | $1.8B | $2.02B | $2.15B | |
| Interest income | $2M | $2M | $0 | $0 | $16M | $0 | $0 | $0 | $0 | $0 | |
| Interest expense | $172M | $170M | $167M | $0 | $270M | $265M | $279M | $543M | $675M | $597M | |
| Other non-operating income (gains on investments, FX ...) | -$168M | $44M | -$188M | $0 | -$1.58B | -$439M | $377M | $36M | -$257M | -$379M | |
| Total non-operating income | -$4M | -$214M | $21M | $0 | $1.32B | $174M | -$656M | -$579M | -$418M | -$218M | |
| Income before tax | $889M | $908M | $1.11B | $0 | $1.32B | $2.28B | $1.27B | $1.22B | $1.6B | $1.93B | |
| Income tax | $261M | $206M | $160M | $0 | $234M | $440M | $212M | $23M | $85M | $326M | |
| Net income | $543M | $699M | $949M | $0 | $1.12B | $1.85B | $1.06B | $1.23B | $1.5B | $1.61B | |
| EPS (basic) | $4.50 | $5.89 | $8.04 | $7.43 | $5.23 | $9.17 | $5.54 | $6.47 | $7.91 | $8.57 | |
| EPS (diluted) | $4.44 | $5.77 | $7.88 | $7.35 | $5.18 | $9.08 | $5.49 | $6.44 | $7.87 | $8.53 | |
| Shares (basic, weighted) | 123M | 119M | 118M | 221M | 214M | 201M | 192M | 190M | 190M | 187M | |
| Shares (diluted, weighted) | 124M | 121M | 121M | 224M | 216M | 203M | 194M | 191M | 191M | 188M | |
| Depreciation & amortization | $311M | $259M | $258M | $894M | $1.03B | $967M | $938M | $1.17B | $1.29B | $1.22B | |
| EBITDA | $1.37B | $1.34B | $1.54B | $894M | $2.61B | $3.52B | $2.49B | $2.93B | $3.56B | $3.75B |
Standardised by Financial Modeling Prep from the company's filings; outflows and costs keep the sign the provider reports. Hover a period for its end date. Amounts in USD.
Revenue, operating income and growth
quarterlyMargins
quarterlyCosts as % of revenue
quarterlyThe other statements
Sources
Statements, segment revenue, metrics, estimates: Financial Modeling Prep. Segment profits and every reported line: SEC EDGAR (XBRL). Filings read: 10-Q 2026-10-02, 10-Q 2026-07-03, 10-Q 2026-04-03, 10-K 2026-01-02, 10-Q 2025-10-03, 10-Q 2025-06-27, 10-Q 2025-03-28, 10-K 2025-01-03, 10-Q 2024-09-27
Data as of 2026-11-02