Current Liabilities

Compensation and benefits

L3Harris Technologies Compensation and benefits decreased by 18.9% to $391.00M in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 24.5%, from $314.00M to $391.00M. Over 5 years (FY 2020 to FY 2025), Compensation and benefits shows relatively stable performance with a -0.6% CAGR.

Analysis

StatementBalance Sheet Statement
SectionCurrent Liabilities
CategoryEfficiency
SignalContext dependent
VolatilityModerate
First reportedQ2 2015
Last reportedQ1 2026Apr 30, 2026

How to read this metric

An increase often correlates with seasonal bonus cycles or headcount growth, while a decrease may signal payout timing changes.

Detailed definition

This represents short-term obligations to employees, including unpaid wages, bonuses, commissions, and vacation pay. It...

Peer comparison

Service-based companies typically carry higher employee-related liabilities than capital-intensive firms.

Metric ID: current_liabilities_employee_related_liabilities_current

Historical Data

21 periods
 Q1 '21Q2 '21Q3 '21Q4 '21Q1 '22Q2 '22Q3 '22Q4 '22Q1 '23Q2 '23Q3 '23Q4 '23Q1 '24Q2 '24Q3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Value$328.00M$404.00M$368.00M$444.00M$290.00M$381.00M$349.00M$398.00M$285.00M$389.00M$461.00M$544.00M$379.00M$445.00M$402.00M$419.00M$314.00M$444.00M$486.00M$482.00M$391.00M
QoQ Change+23.2%-8.9%+20.7%-34.7%+31.4%-8.4%+14.0%-28.4%+36.5%+18.5%+18.0%-30.3%+17.4%-9.7%+4.2%-25.1%+41.4%+9.5%-0.8%-18.9%
YoY Change-11.6%-5.7%-5.2%-10.4%-1.7%+2.1%+32.1%+36.7%+33.0%+14.4%-12.8%-23.0%-17.2%-0.2%+20.9%+15.0%+24.5%
Range$285.00M$544.00M
CAGR+3.6%
Avg YoY Growth+5.4%
Median YoY Growth-0.2%
Current Streak2 quarters decline

Frequently Asked Questions

What is L3Harris Technologies's compensation and benefits?
L3Harris Technologies (LHX) reported compensation and benefits of $391.00M in Q1 2026.
How has L3Harris Technologies's compensation and benefits changed year-over-year?
L3Harris Technologies's compensation and benefits increased by 24.5% year-over-year, from $314.00M to $391.00M.
What is the long-term trend for L3Harris Technologies's compensation and benefits?
Over 5 years (2020 to 2025), L3Harris Technologies's compensation and benefits has grown at a -0.6% compound annual growth rate (CAGR), from $496.00M to $482.00M.
What does compensation and benefits mean?
Short-term debts owed to employees for earned wages, bonuses, and benefits.